Trade or Sell Your Vehicle
KBB is good but YOUR TRADE may be worth MORE at Dan Cummins!
Start with KBB below & then Let our Team go to work to find more $ for you.
We Will Buy Your Car!
At Dan Cummins Auto Group, we believe in making car shopping and car buying as easy as possible. One way we make that goal achievable for our Lexington customers is by offering a hassle-free way to sell their used cars. Not everyone has the time or desire to become a private party seller — and that’s where Dan Cummins Auto Group comes in. We will buy your car, so you don’t have to worry about posting ads or screening buyers. Then, we’ll help you put your car’s value toward the new or pre-owned vehicle you truly want.
What is the Trade-In Value of My Car?
If you’re wondering, “What is my used car worth,” the answer is just a few clicks away! Using our handy value your trade-in calculator, you can get an estimated car trade-in value from the comfort of your home or office. Simply input some information about your car into the trade-in value calculator, as well as your contact information, and you’ll have an estimate right away. Keep in mind, there are a few factors that affect trade-in value, including:
- Mechanical condition
- Car features
- Exterior/Interior condition
- Market landscape
How Do You Trade in a Car?
After you’ve received your trade-in estimate, it’s time for an appraisal of your vehicle! Our Paris dealership can take care of this step for you. We’ll examine the condition of your car and make sure it’s a good fit for our used car inventory. When you visit for your car’s appraisal, be sure to bring your trade-in estimate!
Once we’ve examined your car, you can negotiate or accept our offer and finalize the sale. We pride ourselves on offering the fairest possible offer on trade-in vehicles, aiming to make the trade-in process transparent and simple. In fact, there are a couple of major advantages to selling your car to a dealership, including:
- You can haggle at a dealership. We encourage our customers to always do their own research to make sure they’re getting the most reasonable trade-in offers.
- Can you trade in a car you still owe on? You can with a dealership. If you’re upside down on your car loan, you can consolidate what’s owed on your current car with the price of your new ride.
Value Your Trade-In: FAQs
Q: Can you trade in a financed car?
A: Yes, you can. If you have positive equity on the car (as in it’s worth more than what you currently owe), you can trade it in easily. The dealer will purchase the car and pay off the loan, then they’ll put what’s left toward the new vehicle price, giving you a major advantage. If you have negative equity on the car (as in it’s worth less than what you currently owe), the dealer may still buy the car and pay off the loan, but the difference will be rolled into your new car loan — meaning you’ll still need to pay it off eventually.
Q: How soon can you trade in a financed car?
A: There’s no time limit that’s set in stone, but it’s a good idea to wait until you have positive equity.
Q: What does it mean to be “upside down” on a car loan?
A: Being “upside down” on a car loan is the same thing as having negative equity. If, for example, you owe $30,000 on a car that’s worth $25,000, you have negative equity.
Q: Can I trade in my car for a cheaper car?
A: If you still owe money on the car, you can trade it in for a cheaper one. If, for example, you owe $15,000 and the car is worth $20,000, the dealer can purchase the car as a trade-in, pay off the loan, and put the $5,000 toward your new auto loan as equity. If you don’t owe money on the car an
d own it outright, there’s nothing stopping you from trading it in for a cheaper car; you can do what you’d like with it.
Make Dan Cummins Auto Group Your Automotive Partner Today!
If you have questions about how to trade in a car that is paid off, or how to get the best possible offer, don’t hesitate to contact us online or give us a call at 877-661-2805. While you’re here, be sure to browse our current new and pre-owned car specials to start shopping for your next great offer near Louisville!
If you are asking yourself, “how much is my car worth?” we have you covered.
Through our online trade-in valuation form, we’ll provide you an instant sale price on your car based on real-time market data.
Find Out What Your Car Is Worth At Our Auto Dealerships Near Louisville, Lexington and Richmond, KY
You don’t have to buy a car in order for us to be interested in your trade in. We are always looking to purchase used cars, used trucks, and used SUVs for our inventory. If your vehicle is in excellent condition, good condition, or has seen better days, we’ll still be interested in making you a cash offer right here at our dealership. To see what your vehicle is worth, enter your make and model, your vehicle’s history and condition, and your contact information, and voila – there’s your initial trade-in value! But it doesn’t stop there, our team might be able to offer you more in person!
You can also take your estimated trade-in value and apply it to your payment plan through our intuitive car payment calculator, which lets you see how much you can shave off your down payment or monthly payments.
Of course, you’ll need a car you want to trade-in for! For our most budget-friendly models, we invite you to explore our extensive lineup of used vehicles for sale. If you’re in the market for the latest and greatest the automotive industry has to offer, check out our new Chevy, Buick, Chrysler, Dodge, Jeep and RAM inventory
For more information on the trade-in process, feel free to contact us at Dan Cummins Auto Group.