Get More For Your Trade

We Will Buy Your Car

If you’re looking for dealerships that buy used cars in Jacksonville, rest assured that you’ll get an objective offer when you work with Gwatney Chevrolet Company. We believe in making car shopping and car buying as easy as possible by appraising your car. One way we make that goal achievable for our Cabot customers is by offering a hassle-free way to trade in your car or sell it. Not everyone has the time or desire to become a private party seller — and that’s where Gwatney Chevrolet Company 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. Take a moment to learn about how to trade in your car, including how to value your trade and determine what your used car is worth by getting your car appraised today! 

What is My Used Car Worth? 

If you’re searching for a way to sell your car at a dealership around Sherwood and wondering, “What is my used car worth?”, the value of your trade 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 used car value calculator, as well as your contact information, and you’ll be able to appraise your car today. Keep in mind, there are a few factors that affect trade-in value, including:

 

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Mechanical condition 

Mileage

Car features 

Exterior/Interior condition 

Market landscape

 

How Do You Trade in a Car?

After you’ve received your trade-in used car estimate, it’s time for an appraisal of your vehicle! Our Jacksonville dealership can take care of this step for you by making it easy to sell your car at a dealership. 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 to trade in your car. We pride ourselves on offering the fairest possible value for your trade, aiming to make the trade-in process transparent and simple, so you don’t have to be left scratching your head wondering what is your car worth. In fact, there are a couple of major advantages to selling your car to a dealership, including:

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  • You can not only sell your car at a dealership, but also haggle. 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 at dealerships that buy used cars. 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 in your used car easily and we’ll help you make heads or tails of how to trade in your car. 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. 360-Spin-Icon

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 and 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.  

Q: How Can I Optimize My Trade-in Value? 

A: If your vehicle needs major repairs, it’s best to fix it up before selling us your car. That said, for things like maintenance, it’s highly cost-effective for dealerships to perform these services, so you won’t see a huge dip in value if you are halfway to your next oil change when you sell us your car. One thing to bear in mind, however, is that if your upholstery is in rough condition and your car is dirty, its condition may be graded lower than it would have been if it was clean. Cleaning your car and refurbishing the upholstery can be a highly cost-effective way to optimize the value of your trade.

Make Gwatney Chevrolet Company Your Automotive Partner Today! 

If you have questions about how to trade in your car that is paid off, what your car is worth, or how to get the best possible offer when you trade in a used car, don’t hesitate to contact us online or give us a call at 501-502-2145. 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 Little Rock, and consult our car buying tips for other helpful reads!