Are you ready to find your next ride but aren’t sure what to do with your current one? One great option is to trade in your vehicle. When you trade in your car with Grace Auto Group, we’ll make the process easy—so you can focus on finding your next vehicle.
We’ve put together this page for drivers near Philadelphia, Pennsylvania, to learn more about trading in a vehicle. Take a look below to learn about the difference between selling and trading in your car, some tools to help, and the steps of trading in your vehicle.
While trading in and selling your vehicle start the same, they end differently. When you sell your vehicle, you’ll get a check from the dealership and walk away.
Trading in your vehicle means you’re also shopping for your next car. The money you make from trading in your car goes toward the cost of your next ride. It essentially acts as part of your down payment amount, and is something you’ll tack on to the rest of the financing process.
Our website has a few tools to help you through both the vehicle trade-in and buying process.
If you’re not sure how much your car is worth, use our online Kelley Blue Book® Instant Cash Offer tool. This tool does two things: It lets you know your car’s value, and acts as an offer from our dealership. The value you get from this tool is based on its actual vehicle value according to Kelley Blue Book®, which is a vehicle valuation company.
It only takes a few minutes. To use, have information like your license plate, vehicle information number (VIN), and make/model handy. Then, bring the offer with you to the dealership to redeem it!
There are five basic steps to trading in your vehicle.
The initial step is to prepare your trade-in vehicle. First, get together all your paperwork for your ride, including the title, maintenance receipts, recall records, and any loan information you might have. Then, clean your vehicle. Giving your vehicle a wash and vacuum makes your car look nicer. A nicer-looking car shows you’ve taken good care of your vehicle—and that it might be worth a little more.
Next up is valuing your trade. Use our Kelley Blue Book® Instant Cash Offer online tool to determine how much it’s worth.
The third step is to come by the dealership. While you’re here, you can find your next ride—and have a team member appraise your current vehicle to confirm how much it’s worth.
The fourth step is to take care of the financing for both your trade-in and your next vehicle. You’ll apply for financing and take care of all the paperwork right here.
The last step is to hand over the keys to your trade-in, and get the keys to your next ride!
Now that you know some of the basics about trading in your vehicle with us, are you ready to get started? Head down to Grace Auto Group to have your car looked over while you find your next ride. We look forward to working with Philadelphia, PA, area, drivers like you, and will help make sure both your trade-in and vehicle-buying process are easy. Visit our dealership today!