How To Trade In Your Car

Car dealer giving car key to buyer

We’ve got a fantastic selection of new and pre-owned vehicles for you to choose from. Our inventory is designed to help you find the perfect vehicle to help you take on your Overland Park adventures. With that being said, if you’ve got a vehicle you’re looking to get rid of before upgrading to something from our inventory, you’ll want to know how to trade in your car.

Trading in your vehicle is a great way to lower the monthly car payment on your next vehicle loan if you have positive equity when you get financing. Not sure what any of that means or how to trade in a car? Our finance experts have you covered. Learn how to trade in a car for another car today with Olathe Dodge Chrysler Jeep Ram!

Equity & How To Trade In a Car for Another Car

Before we go over how to trade in your car, it’s important that you understand equity. Equity is simply the difference between your vehicle’s worth and the amount of money you owe on your automotive loan. Positive equity means you owe less than your vehicle’s worth and can often help you lower your monthly car payment on trade-ins. Negative equity means you owe more than your vehicle is worth and our experts can still help you trade in your vehicle if you need to upgrade to a new ride for your Gardner drives.

Steps On How To Trade In a Car

Now that you understand how equity works, are you ready to learn how to trade in a car so that you can drive around Springhill in an exciting new ride? Our experts are here to help. Let’s take a look at the steps on how to trade in a car:

  • Determine Your Trade-In Value: To understand your equity situation, you’ll first want to determine your trade-in value. We’ve got a trade-in tool that can help you get a quick and fair estimate of your vehicle’s worth from the comfort of your own Olathe home.
  • Get a Dealership Appraisal: After you’ve gotten a trade-in value estimate, you’ll want to stop by our dealership. We’ll go over your vehicle’s condition and provide you with a trade-in appraisal. This is the amount your vehicle is worth after all factors are considered.
  • Accept the Trade-In Offer: Once you’ve accepted our trade-in offer, we’ll begin going over the paperwork and working with you to get a new auto loan. This is where equity plays a major role in determining what you can finance on your next vehicle. We’ll complete any final paperwork and soon you’ll be on your way with a vehicle you’re proud of driving.

Discover How To Trade In a Car for Another Car at Olathe Dodge Chrysler Jeep Ram!

Take the next steps in your vehicle trade-in with Olathe Dodge Chrysler Jeep Ram! We can help you upgrade from a mundane ride to something exciting when you stop by our dealership. If you have any questions, you can always reach out to our team for assistance!


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