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Friday, March 27, 2015

Trading in Your Vehicle

Trading in Your Vehicle
 
March 27 2015    

This is a situation most vehicle owners will face at some point in time, but knowing when to make the trade can help owners feel at little more at ease about their decision. Here are some tips and guidelines about what you need to do, know and research before trading in your vehicle.trade
  1. Determine your trade value – This will help set the perimeters in terms of what type vehicle you will be looking to trade for. We recommend bringing your vehicle in to your local dealership to receive a quote.
  2. Equity – Do you have a small amount owing in your vehicle? If so, the money you will receive for your vehicle throughout the trade process could be added to your down payment.
  3. Mechanical – With age, our vehicles start needing more and more maintenance. Pay close attention to how often and what type of issues (brakes, tires, etc.) you’re having with your current vehicle – it may be a sign that it is time to trade in for something newer. You will be saving money in the long run.
  4. Time of the year – Typically, dealerships will have a blow-out sale to decrease existing inventory before the newer models arrive. Visit your nearest GM dealership today or visit our website www.waltmassey.com to check-out our inventory and promotions!
  5. Age of vehicle – DoItYourself.com advises us that you will get the most “buck for your truck” if you trade it in before you hit 50,000 kilometers. However, between 30,000-40,000 kilometers is ideal to receive the optimum trade value.

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