How Do Dealers Value My Trade Indianapolis | Andy Mohr Speedway Chevy

5 Ways Your Trade-In Value Is Determined

When you decide to trade in your vehicle to our dealership, our trained professionals will need to perform an in-person assessment of your model. There are five factors they’ll take into consideration before giving you a firm offer. These include…

1. Year: The year of your model plays an important role in determining its current value. Newer models feature more up-to-date amenities that drivers want. There are also certain model years that drivers will seek out.
2. Make & Model: Certain makes and models of pre-owned vehicles are more desirable than others. If you have a popular vehicle, chances are, it’ll be worth more in the end.
3. Mileage: How many miles your vehicle is driven is also taken into consideration. However, even vehicles with high numbers on the odometer are gladly accepted as trade-ins, especially if it’s been maintained properly.
4. Upkeep: If you have scheduled regular maintenance throughout the lifespan of your vehicle, it helps its value greatly. Vehicles with a great maintenance history last longer and are more reliable, giving them a higher value.
5. Condition: The most important factor our professionals will assess is the model’s condition. Vehicles with limited exterior and interior damage that run as they should have higher resale values.

How to Increase Your Trade-In Value

Before you set forth on your trade-in journey, you can help ready your vehicle. The following tips may help you elevate the model’s value in the end.

• Repair & Maintenance—If your vehicle is due for an oil change or there are minor repairs needed, now is a good time to get them. The less work that needs to be done before the model hits the sales floor, the higher value you’ll see in the end.
• Wash the Exterior—First impressions say a lot and with a sparkling clean exterior, your vehicle will put its best face forward. Give your vehicle a thorough cleaning at your local car wash or dig out the rubber gloves and do it yourself.
• Detail the Interior—Likewise, a clean interior will also boost your vehicle’s value. Make sure to remove any personal items and use some elbow grease to return your car’s cabin to its original state. Or you can skip the work and hire a professional detailer to do it for you!