Your local Lincoln dealership isn’t just the best place to go for buying a new car and getting maintenance. You can also trade in your old car and reap the rewards before you purchase a new one. Let’s go over some of the trade-in benefits you can expect when you ask your dealership to take your old car off your hands.
1. It’s Incredibly Easy
Trading in your vehicle couldn’t be more straightforward. You visit the dealership, get your car valued, maybe negotiate a little, and then sign the papers. While you’re there, you can pick out a new vehicle and buy it. You can even get financing for your new car if you don’t have it already. It’s incredibly convenient.
It’s a lot more time-consuming and involved to sell your car to a private buyer. You have to get your vehicle into pristine condition, take lots of pictures, make ads, talk to potential buyers, supervise test drives, and then deal with a financial transaction on your own.
2. It’s Excellent At Lowering the Cost of a New Car
Buying a new car can be pretty costly. However, you can get a nice chunk of change for trading in your old vehicle, and you can use that money to lower the cost of a new car. It can significantly lower how much you need to pay as your down payment, and for some people, the money you get for your old car might cover your down payment completely.
3. It’s Sometimes Possible to Get a Free Car
Let’s say you got a new car just a couple of years ago with all the bells and whistles. Now you’re looking for something that’s still luxurious but a little less so than your old vehicle. If your old car is in good enough condition, then trading in your car may give you enough money to fully cover the cost of a new vehicle if you plan on downgrading.
4. It’s Great for Saving Money on Repairs
Even the most well-maintained cars may need a few repairs when it’s time to sell. Depending on what’s wrong with your car, these repairs could be pretty expensive. If you’re not selling your car to a private buyer, then you may not need to spend all that money repairing your car and getting it into peak condition. Dealerships are often happy to buy your car from you before you get any repairs done, saving you time and money.
Do you have a car you’d like to trade in? Visit Koons Lincoln of Bethesda in Bethesda, MD so we can take a look today.
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