Want to Get the Most for Your Trade-In?

First and foremost, spend the hundred dollars and have the car detailed. A detailed car increases the value by up to 20 percent.

Second, if the car is a late model and has rough paint, take it to a paint shop and get the cheapest paint job with the same color. Most shops have a deal around $250. The best way to get this deal is to not have the interior of the doors and trunk painted.

Third, make sure the car is mechanically sound. Have the oil changed right before you bring it to the dealer. The last thing a dealer wants to see is black oil on the dipstick.

Fourth, check the Kelly Blue Book for the current value of your car.

Fifth, check the Kelly Blue Book for the value for the car you want to purchase.

Sixth, read the newspaper for ongoing sales and bring a copy to the dealer, even if it is from another dealer.

Seventh, ask the sales rep to see the manifest from the delivery of your new car. Most times, the dealer’s price will be on it and you will know what they paid for it.

Eighth, if you are using the dealer for financing, haggle the deal. Let’s say they want to give you 5 percent interest. You say, “Well, since I’m not getting what I want for my trade, lower my interest rate by 1 percent”. In the long run, that can save you a lot of money.

Ninth, bring any paper work for the maintenance you have done.

Tenth, if you don’t have the original owner’s manual for the car, call local junk yards to see if they have one. They will sell it to you for about $3 and it adds about $100 to the value.

5 readers liked this story.
From Around the Web:
08.20.2008
M. Johnson
Walking away from a deal is a powerful tool indeed. If... you are not helplessly caught up in the emotion of this particular acquisition. Fight the feeling if you can, there will almost always be something else as good or better in the future.
08.17.2008
Janice Toepfer
Plus do not settle for the first deal they offer. I walked away from a purchase due to the unfavorable interest rate quoted. By the time I got home, I had 2 phone calls from the dealer reducing it twice and ending by an offer 3 percentage points less. I still did not buy it, but lesson learned. You can also check the NADA site for used cars based on condition and options. It is a bit more specific. JJBest and Play Toys offer classic cars for sale and financing too. DREAM cars!
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