If you're planning to purchase a vehicle in Mission Viejo, consider trading in your current car at Volvo Cars Mission Viejo. Our dealership not only offers top dollar for your car, but we also try to make the process as quick and hassle-free as possible. We accept cars, SUVs, and pickup trucks from all major auto brands. Bring your vehicle to us today to get a great head start on your next car purchase. 

What Are the Benefits of Trading In Your Car to a Dealership?

When it comes time to replace your existing vehicle, you can either sell it to a private party or trade it in to a dealership. While you may think that you'll get a better offer if you sell your car yourself, it may not always be the case. Trading in your car may sometimes make more financial sense, and it can help you save a lot of time and hassle. Below are a few good reasons why you should opt for a trade-in instead of a private sale. 

Avoid Wasting Time and Effort

If you decide to sell your vehicle yourself, you have to be prepared to go through some potential inconvenience. Aside from advertising your vehicle for sale, you also need to communicate with potential buyers, many of whom might not be ready to come and see your car. Some may make an appointment and fail to show up, while others may test-drive your car and then make a low-ball offer. Trying to sell your vehicle privately isn't only time-consuming, but it can also be frustrating and stressful. 

In contrast, if you trade in your vehicle, the dealership will handle the advertising for you so that you don't have to spend time taking photos and crafting a perfect pitch. Also, instead of taking time off work or sacrificing your weekends to meet with buyers, you can spend more time with your family and friends. 

Enjoy Better Transparency and Safety

Another problem with selling your vehicle yourself is that you don't really know if you can trust the buyers you're dealing with. If you're unlucky, you may become a victim of a scam. Many private car sellers have fallen prey to forged cashier's checks, counterfeit bills, or canceled wire transfers. 

Trading in your vehicle to a trusted dealership is a safer option. A dealership has no other intention than to buy your car, so you can rest assured you'll get paid if you agree to the deal. Also, they'll calculate your trade-in value based on your car's current market value, which means you'll receive a fair offer.

Save on Reconditioning Costs

To get the most out of a private sale, you'll have to get your vehicle properly reconditioned. A vehicle that looks fresh and clean isn't only easier to sell, but it can also command a higher price. Fixing scratches, dents, and minor problems can set you back hundreds or even thousands of dollars. 

If you choose to trade in your vehicle, you don't need to pay for reconditioning. This is because the dealership will inspect and recondition your car before putting it up for sale, even if it's already clean and well-conditioned. The cost will be included in your trade-in value, but it should be significantly lower than if you go to an auto repair shop yourself. 

Start Shopping for a Car Quicker

If you sell your car through a private transaction, you may have to wait a few weeks before the proceeds show up in your bank account. It may take even longer if your car isn't particularly appealing to buyers. If you see your dream car on a dealer's lot, you may not want to wait that long to sell your car for the down payment. 

When trading in your vehicle at a dealership, you'll immediately receive the value of your car as part of the car-buying process. This means you can get started shopping for your next car right away. 

How to Trade In Your Car at Volvo Cars Mission Viejo

At Volvo Cars Mission Viejo, we strive to provide you with a fast and straightforward trade-in process so that you can drive home your favorite vehicle as soon as possible. However, you also need to make certain preparations to ensure everything goes smoothly. Take the following steps to trade in your car at our dealership:

Get an Estimate of Your Vehicle's Value

If you have a rough idea of your trade-in vehicle's market value, you'll know how much you need to borrow, which can help you plan ahead for your car purchase. With our online evaluation tool, you can get an estimate of your car's value in just a matter of minutes. If you want a more accurate estimate, you can bring your car to our dealership for a comprehensive appraisal.

Find Out How Much You Still Owe on Your Car

If you still owe money on your current vehicle, you can still trade in your car. However, you have to find out from your lender what the payoff is on your car loan. 

If your vehicle is worth more than the outstanding balance on your loan, you can use the difference as the down payment for your next car. On the other hand, if the amount you owe is greater than the value of your car, it means you have negative equity. In this case, you can either pay the difference in cash or roll it into your new loan. 

Gather All the Required Documents and Items

Lastly, you need to provide us with certain documents and items to complete the trade-in process, including:

  • Car title.
  • Vehicle registration.
  • Loan information.
  • Maintenance records.
  • Driver's license. 
  • Vehicle keys.

Many drivers in the Mission Viejo area who are shopping for new or used vehicles choose to trade in their cars to Volvo Cars Mission Viejo. This is because they know they'll get a hard-to-beat trade-in offer from our dealership. Additionally, we have an extensive and diverse inventory of vehicles to cater to the budgets and needs of all kinds of drivers. Don't hesitate to contact us if you need more information about our trade in process.