November 1, 2024

Why Trading In Your Car at a Dealership Could Cost You

If you’ve ever traded in a car at a dealership, you might have felt like you didn’t get the best deal. That’s because dealerships are often more focused on selling new cars than giving you top dollar for your trade-in. Here’s why trading in your car at a dealership could be costing you, and what you can do instead.

Low Trade-In Offers

Dealerships are notorious for offering less than your car is worth. Why? Because they need to resell it for a profit, and they also use low trade-in values to make their new car deals look more attractive. If you’re looking to get the most money for your car, a private sale or using a service like Before U Trade will almost always get you a better price.

Hidden Fees

Dealerships often have hidden fees that eat into the amount of money you’re getting for your trade-in. Whether it’s reconditioning costs, paperwork fees, or other expenses, these can reduce the amount you take home when you trade in your car.

Pressure to Buy

When you trade in your car at a dealership, there’s often pressure to use that money toward a new car purchase. If you’re not ready to buy a new car, or if you just want to sell your car outright, trading it in may not be your best option.

Selling Separately Could Get You More

When you separate your car sale from your next vehicle purchase, you have more negotiating power. By selling your car through Before U Trade, you’ll get a fair market price and then have the freedom to use that money however you like—whether that’s buying a new car or putting it toward something else.

Convenience Doesn’t Have to Come at a Cost

Many people trade in their car at a dealership for convenience, but with Before U Trade, you can have the best of both worlds. We offer the convenience of an online valuation and pick-up service, but without the low trade-in value you’d get at a dealership.

If you’re ready to sell your car for what it’s truly worth, get a free online valuation from us today.