How To Trade In Your Car At Malouf Ford

Today, it is easier than ever to trade a used car for another one that better meets your needs. Whether you're looking for a family-friendly SUV or a fuel-efficient ride, Malouf Ford is here to improve your automotive journey and assist in any way possible. One of the best ways to save on your next vehicle purchase is to trade in your current car. Every dollar will count towards this purchase and can help expand your search when choosing your next vehicle. So continue reading to learn how to start and make the most of your vehicle trade, and be sure to contact Malouf Ford to get started!

Find Out Your Cars Worth

The first step in the vehicle trade-in process is to find how much your car is worth. By doing this, you'll be able to negotiate a better vehicle price and have more purchasing power. One of the best ways to uncover the actual cost of your vehicle is to utilize our trade-in calculator, which can provide maximum dollar amounts and save unnecessary time spent on other trade-in sites that will depreciate the value of your car. The calculator is simple to use by entering your vehicle's model, trim, and year to receive a personalized market report. Even so, it is essential to remember the various external factors that impact the price of your car, which is why we recommend getting an appraisal after receiving your vehicle estimate.

Get An Appraisal

The next step in determining your vehicle's worth is to get an appraisal. This will allow for a more detailed inspection, ensuring you receive the best possible price. Luckily, the mechanics at Malouf Ford can seamlessly inspect the interior and exterior of your vehicle to maximize the value of your appraisal. The alternative method is to hire a professional car appraiser. While this method can provide a detailed report, you may have to pay additional fees for the inspection, but it can ultimately add value to your vehicle that other inspectors may have missed. This step is vital as it can help you find the critical information you may not have known about your vehicle's worth and help leverage your deal into a better financial situation.

Collect Your Documents

Find The Best Offer

Once you have completed the prerequisites to trade in your vehicle, it is time to compare options and find the best proposal! In most cases, you can save more when purchasing a car after a trade-in, and may be met by one of two outcomes. The first outcome comes from financing a vehicle. If you have a positive equity on it when trading it in, the remaining amount can be put towards the down payment on the next vehicle. However, if you have negative equity on it, you may have to pay the difference out of pocket. If this is the issue, we recommend waiting until you have finished most of the loan to avoid paying extra fees and eventually repeating the process in the future. Nevertheless, having a leased vehicle ensues a slightly different outcome. While the logic is the same for a financed car, a leased vehicle comes with lease-end costs that can add to the final trade-in offer.

Why Choose Malouf Ford?

Trading in your vehicle may sound like a hassling process, but the Malouf Ford team will ensure you receive the best experience possible! Here, our ecstatic team is ready to walk you through the trade-in process, offer outstanding deals, and, most importantly, provide the highest trade-in value for your vehicle! So when you're ready to start, visit our website to schedule an appointment with one of our team members, or visit our dealership today in North Brunswick!