How to Boost Your Car’s Trade-in Value

Ready to get behind the wheel of something brand new but not quite sure what to do with your current ride? Well, if you’ve considered trading it in with your local dealer, you’re already on the right path.
A commonly unknown fact about trading in your vehicle is that you don’t just have to settle for any trade-in value. In fact, there are plenty of ways you can boost your car’s trade-in value beforehand.
But how, exactly, are you supposed to do that? For North Andover, Peabody, and Danvers, MA, drivers, our team at Ira Lexus of Danvers has you covered with our guide about how to boost your car’s trade-in value. Read along and contact us to trade in your car today!
Getting Your Car Ready
The first step in boosting your car’s trade-in value is by getting it in tip-top shape. Just like if you were to sell your car, you’d need to make sure it looks and operates at its very best.
You may want to start by having your car inspected so you’ll know exactly what needs to be replaced or repaired. This could mean anything from the outside in, including both aesthetic repairs as well as operational fixes. Some things technicians are likely to look out for include:
- Exterior Damage (dents, dings, scratches, etc.)
- Interior Damage (upholstery damage, stains, tears, etc.)
- Glass Condition (windows and windshield)
- Tire Condition
- Mechanical Condition (engine, brakes, transmission, etc.)
Then, you’ll want to make all the necessary repairs to make sure your car is as appealing as possible. When a dealer takes your car as a trade-in, they want it as “showroom ready” as possible. So, your trade-in value isn’t going to be very high or see any improvement if your car needs countless repairs.
It may seem extremely simple, but you’ll need to make sure your car is cleaned to perfection. Both interior and exterior deep cleans will ultimately help make the car much more attractive in the eyes of the dealer.
Do Your Research
Another way you can help your trade-in value increase is by going into it with the right information. A good place to start is by finding out how much your car is worth. There are plenty of sources to help find an estimated value for your car, like our secure Value Your Trade tool so you can easily get an idea of how much you want in return.
If a dealer comes back with a number you think is too low, you may be able to work with them to come a bit closer to the number you have in mind.
Find Your Next Vehicle
Lastly, looking around at several different dealers can ultimately help boost your vehicle’s trade-in value. Some dealers may offer a higher value than others, and dealing with just one may limit how much you can get in return.
You should never settle for the first trade-in offer you receive since you may be leaving behind a much higher value somewhere else.
Trade in Your Car Today!
Now that you know some of the best methods to boost your car’s trade-in value, you can confidently get to work with our team at Ira Lexus of Danvers. We can help North Andover, Peabody, and Danvers, Massachusetts, drivers trade in their car and also get behind the wheel of their next dream car in no time.
Contact or visit us to start your trade-in today!