A Ford trade-in can save you tons of money on upfront vehicle costs and help you drive a newer model without the hassle of independently selling your vehicle. Learn the ins and outs of this streamlined process, how to get the best trade-in deal, and more before you contact your local Ford dealer.

To trade in your old vehicle at your local dealership, you can start by using your dealership’s online valuation tool to get an estimate on your vehicle’s current value. The trade appraisal tool requires specific information about your Ford, such as the year it was made, the model, and the specific trim. The valuation tool will estimate the market value of your vehicle so you can visit your dealership with a ballpark trade-in value.

How to Maximize Your Trade-In

When you visit your dealership to finalize your trade-in deal, your dealership may adjust the value of your vehicle based on your vehicle’s condition. For that reason, it’s a good idea to do everything you can to maximize the value of your old car before you finalize your trade-in deal.

One thing you can do to maximize the value of your trade-in is to make necessary vehicle repairs so that your Ford is in top performance shape. In addition to routine maintenance, you should also fix issues like broken headlights or a failing battery. It’s also a good strategy to thoroughly clean the inside and outside of your vehicle so that it makes a positive impression.

How to Negotiate Your Ford Trade-In Deal

Most drivers use a trade-in valuation to reduce the cost of a new vehicle, such as by using the value of your trade-in to offset the cost of your down payment. If your old vehicle is in good condition, the dealership may give it a high enough value that you can use the trade-in valuation to replace your down payment, which means you won’t have to pay steep costs up front when you buy a new car.

At your local dealership, a vehicle trade-in can also be used when you lease your new vehicle. When your current vehicle lease ends, you can simply trade in your current car for the newest model and start a new lease agreement. For this type of trade-in, you may be able to trade in your current vehicle early if you want to upgrade sooner. Ask your dealership’s finance department for guidance specific to your lease terms.

Trading in your vehicle at your local dealership is a streamlined process that starts with generating an online quote and finalizing your trade-in deal in person. Get in touch with Anderson and Koch Ford Inc in North Branch, MN to learn about trade-in finance opportunities today.