The most important thing to know is what your trade-my-car is worth. You need to remember that you are, in effect, selling your trade-my-car vehicle. And just like you would do if you were selling your trade-my-car vehicle to someone outside of a dealership, learning the value of your used trade car is imperative. This way you have a general price and you won't accept a sometimes deliberately low offer from a trade my car dealer. Make sure you factor in features that may positively affect the price, such as air conditioning, sunroof, cd player/changer, power windows, etc. Also be sure to factor in conditions that may adversely affect the price such as high mileage, dull or chipped paint, rust, chipped or pitted glass, worn or stained upholstery and carpeting, worn suspension, poor alignment, etc. These are things that you may consider addressing before trading in the used trade-my-car.

Also keep in mind you are determining trade-my-car-in value (also called wholesale value,) not retail value. 

What is trade-my-car-in value and how do I find it? 

The trade-my-car-in value of a car is basically the amount someone who plans to resell the car will pay for it. There are a variety of books available at many banks, libraries and credit unions, as well as online, that can be used as a rough guide to basing a trade-my-car-in value. Rough, because there are too many factors to go into pricing a car to print absolute prices for each year, make and model. Time and location are also factors. However, they are difficult to evaluate. 

What are used car trade-my-car-in allowances? 

Be careful with these. trade-my-car-in allowances are given to people who the car dealer believes puts a lot of emphasis on getting the most for their used car. In other words, those who demand a great deal on their used trade-my-car or who feel that getting a great deal on the used trade-my-car is more important than a good sticker price, will get it. However the trade-my-car dealer will include charges to balance this out, or omit any discount off the sticker price, often unbeknownst to the buyer. The more savvy trade-my-car dealer will lead you to believe that by getting a good trade-my-car-in transaction, you are getting a good deal overall. The best thing for you to do is to tell the dealer that you do not want any trade-my-car-in allowances. Even better, just ask how much the dealer will give you for the used car, as if you aren't thinking of buying a car from them just yet. Then you have the option of selling the used trade-my-car-in vehicle before buying a car. This strategy can work out well for you, even if it entails being without a car for a couple of days. 

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1-800-695-SELL (toll free)
1-800-695-7355
1-201-883-0097 (Local)
140 RT. 17 NORTH
HACKENSACK, NJ  07601
1 201-883-0887 (fax)

OFFICE HOURS
MONDAY-FRIDAY FROM 10AM TO 6PM
SATURDAYS FROM 10AM TO 5PM

PLEASE CALL AHEAD: APPOINTMENTS ARE NECESSARY!

WE'LL GLADLY TO TAKE YOU HOME OR OFFICE
WITH PRIOR NOTICE.