Posted by forex at 8:18 AM
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1. Get your car washed, waxed and detailed. Appearance can add a lot to the value of your trade-in. It also makes your trade in appear to have been well-taken cared for.
2. Take the time or spend the money to fix the things that are wrong with your trade in. No matter what it is, try to get it all fixed. The car dealership will be more than happy to start deducting money from the value of your trade in for most any issue.
3. Get approval for a loan before going in to buy your new car and trade in your old car. This sends a signal to the car salesman that you are prepared and that there are no worries about credit. If the dealership knows that you are serious about your new car purchase and are ready to make a deal, they are more likely to give a little more money for your trade in.
4. Find out the value of your trade in. If you know the value of your trade in beforehand, you will know when the salesman is low-balling you.
5. Negotiate the price of the new car first. A car dealership is willing to come down on the price of the new car in order to sell the car. Keep this separate from trade-in negotiations for the most power on both fronts.