How Do Dealerships Value My Trade?

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The team at Fremont Chrysler Dodge Jeep Ram (CDJR) Casper is dedicated to assisting drivers all over Sheridan, Casper, Buffalo, Gillette, and Cheyenne, WY, through every step of the car-buying process. That’s why we’ve put together the following information to help you better understand the trade-in process. Take a look to learn more about how it all works.

Defining Trade-in and Trade-in Value

Take a quick look at the box below to learn the definitions of two terms that are integral to this whole process.

Trade-in	This is the model you sell to a dealership to receive credit toward the price of your next vehicle.
Trade-in Value	Trade-in value is the amount of money you can expect to get back for the car that you’re trading in.

There are several online pricing guides that you can easily use as tools to find out your ride’s trade-in value. These are listed below:

• Edmunds
• Kelley Blue Book®
• NerdWallet
• Black Book

Feel free to take advantage of any one of these helpful aids to get a target range of the offer you want to receive.

How Your Vehicle’s Trade-In Value Is Determined by the Dealership

There are a few factors that come into play when your car is being appraised. Consider the following.

• Mileage
• Maintenance history
• Accident history

In addition to the above items, the dealer also takes into consideration how much it will cost to service the vehicle to resell it.

Getting the Most Out of Your Trade-in

While your set of wheels is in your possession, it’s important to remain on top of its maintenance needs. Not only does this help it continue to perform according to your expectations, but it also helps preserve its value. It’s a good idea to keep these items in mind:

• Tire care
• Brake maintenance
• Oil changes
• Engine tune-ups
• Wheel alignments

Also, be sure to keep the interior clean and in the best condition possible.

Bring These Items to the Dealer

When it’s time to go to the dealer to discuss trading in your commuter, you’ll want to make sure you bring along the current registration, the title, all the keys for the car, and your driver’s license.

We Provide You With Hands-on Support

If  you decide to trade your current ride through our team, you can expect to receive plenty of guidance. The individual who’ll work with you will carefully walk you through the entire exciting process as well as answer any questions you might have along the way.

While you’re preparing for your visit to our dealership, you’re welcome to take advantage of the Value Your Trade tool we’ve placed at your disposal online. The Payment Calculator and the Finance Application are other useful resources you’re also welcome to utilize. The Payment Calculator will help narrow down your options when considering what to drive next, and the Finance Application gives you a head start in gaining approval for a loan.

Come Trade in Your Car to Us Today

Now that you know more about how dealerships value your trade, you’re more prepared to successfully navigate this exciting process for yourself! If you live or work near Gillette, Buffalo, Sheridan, Cheyenne, or Casper, Wyoming, contact Fremont CDJR Casper today to get everything started as well as take a few test drives. We look forward to hearing from you!