How to Trade In a Car

2023 Chevy Equinox

 

You might be asking, “How to trade in a car?” as you shop for your next vehicle. At Morries Forest Lake Chevrolet, we’ve been getting this question from many drivers in recent years. If you want to know how to trade in your car, we will spotlight how to do so and apply your trade-in value to buying a new Chevrolet vehicle at our Forest Lake dealership. Our finance team put together the following guide to explain the process!

Get Your Trade-In Car Value

So, how to trade in a car around St Paul? The first thing you will need to do is determine how much your car is worth. Morries Forest Lake Chevrolet makes this step straight-forward for all our Coon Rapids drivers with our “value your trade” tool. Just enter your car’s make, year, and model, along with your name, phone number, and email. From there, just add all the information you can provide about your vehicle’s condition, and you’ll get your car’s estimated value.

If you want to do more research on your vehicle’s worth, use online auto resource websites, including Cars.com and Edmunds.com. These can provide additional support on how to trade in your car and what the current market value is.

Get an Appraisal

Once you have a trade-in estimate, come down to our Forest Lake dealership to get an appraisal. We will review your vehicle’s condition inside and out, and we’ll also check our current used vehicle inventory to determine if your vehicle will be a good fit. Make sure to bring in your trade-in value estimate, as well as any other trade-in offers you might have received from other dealers for reference.

Negotiate or Accept a Trade-In Offer

Once the appraisal is complete, you can negotiate or accept our offer and close the deal. This is the biggest benefit of trading in your vehicle at a dealership. Other advantages include:

  • Unlike many Minneapolis used car retailers, you can negotiate with the staff at Morries Forest Lake Chevrolet. The first offer given isn’t necessarily set in stone, and you can choose to negotiate based on any trade-in value you’ve done.
  • If you’re upside down on your auto loan and want to consolidate what you owe with the price of a new vehicle, we can help with that.

Once you’ve accepted this offer, you can finalize your trade for cash, or put the car’s value towards buying a new car.

Learn More About Car Trade-Ins at Morries Forest Lake Chevrolet

Now that you know how to trade in your car, Morries Forest Lake Chevrolet is the Forest Lake dealership to choose. If you have more questions, call us at (651) 371-2044 and schedule an appraisal. Don’t forget to also ask about our new vehicle specials and used car offers to take advantage of our latest deals. When it’s time to trade in your car around St Paul, Morries Forest Lake Chevrolet is the place to go!

 

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