How To Trade In Your Car

  

How To Trade In Your Car At Malouf Chevrolet


In today's automotive market, finding a vehicle that better fits your needs has never been more accessible if you decide it's time to trade in your current car. No matter what kind of your vehicle you're looking for, Malouf Chevrolet is ready to improve your automotive venture and assist you through the process as thoroughly as possible. One of the best ways to save on your next vehicle purchase and expand your search is to trade in your current vehicle. Every dollar will count towards your next vehicle purchase and make the process seamless. So continue reading to gain insight on the best way to value your vehicle and begin your trade-in process, and be sure to contact Malouf Chevrolet today to get started!

Find Your Cars Worth

The first step in this process is to receive an estimate for your vehicle. This price will allow you to negotiate a better vehicle price and receive more purchasing power when it's time to trade. One of the best ways to obtain this number is to utilize our trade calculator, which can provide the most accurate dollar amount and save unnecessary time spent on other trade-in sites that can depreciate the value of your car. The calculator is simple to use by entering your car's model, trim, and year to receive a personalized market report. Nevertheless, it is essential to remember the external factors associated with the value, which is why the next step is to get an appraisal.

Have An Appraisal

After receiving an appropriate estimate for your vehicle, acquiring an appraisal is the next best step to obtain a more accurate analysis of the car. This will give you a more detailed vehicle overview and guarantee the best purchasing price. Luckily, the expert mechanics at Malouf Chevrolet can seamlessly search through the exterior, interior, and mechanical elements to maximize the value of your appraisal. The other option is to hire a professional car appraiser. While you may pay additional fees for the inspection, you can receive a more detailed report and add value to your vehicle other inspectors may have passed through. This crucial step will let you discover critical information about your vehicle's value and leverage your deal to improve your financial outlook!

Collect The Proper Documents

When you have determined the most accurate price for your vehicle, the next phase is to start preparing all the necessary documents to help assess the value and process the final sale. To ease the process, the following items should be on hand:


  • Vehicle Key

  • Maintenance Care History

  • Vehicle Registration

  • Auto Loan Information (If Necessary)

  • Vehicle Title

  • Drivers License


The items listed within the checklist can save you significant time and money. Additionally, bringing proof of income, residency, etc., will ensure a smooth and hassle-free transition.

Find The Best Offer

The final step after completing the prerequisites is to compare all your available options and find the best proposal. In most cases, you can save more money when purchasing a car after trading in your vehicle and may be faced with two possible outcomes. The first outcome stems from financing your current vehicle. If you have positive equity with the car when trading it, the remaining amount can be put towards the down payment on the vehicle. However, vice versa, if you have a negative equity, you may have to pay the difference out of pocket. In this case, we recommend waiting until the lump sum is paid out to avoid paying extra fees and repeating the process in the future. Nevertheless, having a leased vehicle ensues a slightly different outcome. While the same logic applies, the main difference comes from lease-end costs that can add to the final trade-in offer.

Why Choose Malouf Chevrolet?

To some, trading in your vehicle may sound confusing and hassling, but the Malouf Chevrolet team will ensure you receive the best automotive experience possible! Our team of Chevrolet experts will seamlessly guide you through the trade-in process, offer outstanding deals, and, more importantly, provide the highest price for your vehicle when you decide to trade it in! So when you're ready to get started, visit our website to schedule an appointment with one of our experts, or visit our dealership in North Brunswick today!

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  1. MALOUF CHEVROLET CADILLAC, INC.

    1975 US HIGHWAY 1
    NORTH BRUNSWICK, NJ 08902

    • Sales: (732) 305-8729
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