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Get This Right Before You Trade in Your Vehicle

Tradin Value - Blog

Most people lose money on their trade-in without realizing it. A few simple steps can significantly increase your vehicle’s value before you bring it in.

Know what your vehicle is worth

Start by using our trade in tool to see what your vehicle is worth. It gives you a realistic retail estimate. From there, factor in about 10 to 15 percent less to get a rough idea of what a dealer may offer. Walk in with that range in mind so you know exactly where you stand.

Clean it up

A dirty interior signals neglect even if the truck runs perfectly. A quick wash and vacuum costs nothing but changes the perception of how well it was cared for. That perception affects your number.

vacuum

Pull your service records

Oil changes, tire rotations, general maintenance. If you have records, bring them. They prove the vehicle was looked after and that matters at appraisal time.

Know your payoff if you still owe

Call your lender and get your payoff balance before your appointment. If your trade-in value is less than what you owe, that difference rolls into your next loan. Know the number going in.

Use the Alberta tax advantage

When you trade at a dealership, GST is calculated on the difference between your new vehicle price and your trade-in value, not the full purchase price. That's real savings a private sale won't give you.

Ready to find out what your vehicle is worth? Value your trade at Davis Ford and walk in knowing your number.

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