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September 24, 2013

Getting Your Car’s Trade-in Value

Do you have a car that is entirely paid off with no lien holders on the title? If so, then congratulations are certainly in order. Paying off a vehicle that was originally finances can be extremely beneficial; having no car payment can be a great thing, as can the feeling of knowing that a car is entirely yours. However, if you have grown tired of driving your car, then you may be wondering what steps you can take to get yourself into a new one.

While selling your old car outright can be a viable way of making the money you need to buy a new car, the fact remains that selling yourself can be a real pain. Not only is the process of listing a car time consuming and tedious, but the hassle of scheduling test drives with potential buyers and finding time in your schedule to meet with them all can be difficult as well. Not to mention, coming to a fair price is always a challenge when you decide to sell by yourself.

For these reasons, it is generally recommended that you instead trade your car into a dealership rather than dealing with the hassle of trying to sell it outright to a private buyer. After all, there are many benefits to trading a car in as opposed to selling it. For starters, most dealerships will actually give you more for your trade-in than you would be offered if you sold the car outright to a private buyer. This is especially true at PAACO, where they always do their best to ensure that every car owner receives more than a fair trade.

A car’s trade-in value can then easily be applied to the cost of a new car. In most cases, the trade-in value is simply applied as a down payment on the car, which makes it possible for a car buyer to get into a brand new car with no money down rather than having to go through the hassle of saving up a substantial down payment. Furthermore, doing a trade-in through a dealership as opposed to trying to sell a car is a great way to avoid the hassle of listing the car for sale and dealing with potential buyers. Instead, you can rest assured that you will get a guaranteed offer on your trade-in.

Of course, you do not want to trust just anybody when it comes to your car’s trade-in. You want to ensure that you get the absolute most money for your trade, which is why you should always begin at PAACO. By trusting these experts with your trade, you can enjoy the peace of mind in knowing that you will receive a fair offer. Your trade will be based on a number of factors, such as the make and model of your car, its condition, the number of miles on it, and the official Kelly Blue Book value of the vehicle. From there, you can trade your car in and use the credit to get into a new or used car of your choice that same day.

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