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A hand with a car key on the tip of the pointer finger with a car in the background signifying trading in a vehicle.

When to Trade In Your Car

When you’re considering purchasing a new vehicle, you are also probably considering whether you should trade your car in or sell it yourself. We understand that this is a hard decision to make, so we will walk you through when you should trade-in your car.

You Don’t Want the Hassle of Selling

Selling your car privately can be a hassle. You have to clean it and prep it for someone to buy. You also have to deal with the anxiety of meeting total strangers who may want to buy your car. When you trade in your car, the dealership will take care of all the cleaning and preparation for sale.

Trade-In Value as a Down Payment

When you want to use the value of your current car towards your next vehicle, trading in is a great option! Dealerships can easily value your trade-in then allocate that amount toward your next purchase. You can even value your trade right on the Peak Kia North website! This is the best way to ensure that the value of your current car helps pay for your next car.

You Still Owe On Your Current Car

As long as you are not behind on your payments, most dealerships will allow you to transfer the remaining loan amount to the new car’s loan. Before you make the trade, you should take into consideration the equity of the car. Talk to the dealership’s finance department to learn more about your options if you still owe on your trade.

Trading your car in is a great way to get into your next car. Maybe you’re starting a family and need a larger car or you have seen the all-new Kia Telluride, and you just can’t wait to buy one. Whatever the situation, trading your current vehicle for a new one can be a great option. Value your trade-in on our website and check out our current inventory online!