The New Year is here and many people are considering trading their vehicles in for a newer model. This is one of the best times of year to find incredible deals on the last year models. Auto dealers are anxious to move out last year’s vehicles to make room for this year’s, which will be coming onto the lot daily for the next few months.
If buying a new car is in your current plans, take the time to evaluate the vehicle you wish to trade. Top dollar trade in values vary from dealer to dealer, but they take into consideration the overall condition of the car or truck in arriving at their figures.
Putting Your Best Foot Forward (or is that Bumper?)
Mechanical issues are always a detriment to trade in value, but not nearly as much as body damage or rust. Depending on how old your vehicle is, you might find it well worth the cost to have minor damage repaired at your Ithaca body shop.
Vehicles with body and rust damage command much lower trade in values and are often sent off to auction or scrapped. Thus what a dealer will offer you is going to be on the very low end of the spectrum.
There is a very good pricing guide called Kelley Blue Book. You can determine a base trade-in value by going through the options your car has, mileage, and overall condition. Compare that to a vehicle with no damage or in excellent condition and you can figure out how much work may be affordable to do repairs before trading.
Wink’s Body Shop, your first choice for collision repair in Ithaca, can evaluate the damage on your vehicle and provide you with a free estimate to do the work. Doing your homework prior to trading in a vehicle could mean hundreds if not thousands of dollars back in your pocket.
New Vehicle Markup
It’s no secret that new vehicles are marked up a fair amount. How else could there be an MSRP yet dealers take off for trades, rebates, and negotiation? Research what vehicles have sold for before you walk into a dealer. And don’t forget to get offers from several dealers for the vehicle you want.
So when the seller takes into account the trade in value for your current vehicle, they are going to start low. Be prepared with knowing the range you should actually expect. Ithaca collision repair and body damage specialists can also help you to determine if doing some body work will command you a better deal at the facility.
Taking the Pain Out of Low-Ball Offers on Trades
Do not take the first offer on your trade. No ifs, ands, or buts. You have researched and know what a vehicle similar to yours should trade at. The dealer knows this, too. But they really do have a bit more leeway when negotiating with you. Getting your car or truck into the best condition possible will help you in the long run.
Wink’s Body Shop in Ithaca can show you exactly what needs to be done and how much it will cost. Our estimates are always free and our experienced, professional technicians are available to restore your vehicle to a much better condition.
Stop by or call us today and obtain your estimate. We are happy to provide you as much information as possible and help you get a better price on your trade.Tags: collision repair in Ithaca, Ithaca Body Shop, Ithaca Collision Repair, rust repair in Ithaca, Wink's Body Shop, Wink's Body Shop in Ithaca