How to Trade In a Car

If you’re a Annapolis driver who is ready to elevate your daily drives with a new Jaguar model, consider trading in your current car to put its value toward your next car! While selling your vehicle at home is an option, it can be a cumbersome, time-consuming process. In the following guide, we’ll detail how to trade in your car with a dealership like our own, so you can save time and energy and enjoy a more satisfying upgrade.

How to Trade in a Car: Step-by-Step

Learning how to trade in your car is easy. In fact, the process breaks down into three simple steps:

1. 1. Determine Your Vehicle’s Trade-In Value- First, you’ll want to do your research. Begin by using trade-in estimate resources like those found on Kelley Blue Book or Edmunds. Read consumer reviews and browse current listings near Edgewater for your exact vehicle. You can even use our helpful trade-in value calculator to plug in your year, make, and model for a current market value estimate. Doing this homework beforehand will help you negotiate later, as you’ll have an idea of your vehicle’s worth.
   2. Get an Appraisal- Next, you’ll bring your car in for an official appraisal. A dealership team member will inspect your vehicle, ask questions about its current condition, usage, and maintenance history, and take it for a test drive. Be forthcoming about the vehicle’s health to keep an open and honest process.
   3. Negotiate or Accept the Trade-In Offer- Once you get the appraisal, size that number up against the trade-in value that your earlier calculations determined. If the number is close to your estimate, you can happily accept the offer and put that money toward your new vehicle. If it’s lower than expected, you can negotiate using your personal research and other estimates as leverage.

Don’t forget: you can trade-in your current vehicle even if you’re still paying off your loan. Find out how it works with our team.

Benefits of Trading-In Your Car

Selling a car at home in Edgewater or Crofton is a process that will likely take weeks, or even months. By contrast, selling your car at a dealership is a quick and easy process that usually only takes a few days–or even a few hours!

Once you know how to trade in your car at a dealership, you can also enjoy:

• More secure negotiations
• Assistance with registration, paperwork, and transfers
• Savings on sales tax, since your trade-in will lower the cost of the new vehicle

Trade In Your Vehicle at Jaguar Annapolis

Now that you know the simple process for how to trade in a car, stop by our dealership today to get your trade-in started. We will proudly add your vehicle to our used or pre-owned lot so you can hit Severna Park roads in your new model! Contact us today about the benefits of trading in your vehicle, or to test drive a new model you’re interested in.