Bellamy Strickland Chevrolet Buick GMC Will Buy Your Car!
At Bellamy Strickland Chevrolet Buick GMC, we believe in making car shopping and car buying as easy as possible. One way we make that goal achievable for our Forsyth customers is by offering a hassle-free way to sell their used cars or use a trade-in car deal. Not everyone has the time or desire to become a private party seller — and that’s where Bellamy Strickland Chevrolet Buick GMC comes in. We will buy your car, so you don’t have to worry about posting ads or screening buyers. Then, we’ll help you put your car’s value toward the new or pre-owned vehicle you truly want.
What Is the Trade-In Value of My Car?
If you’re wondering, “What is my used car worth?” or how to trade in your car, then the answer is just a few clicks away! Using our handy value your trade-in tool, you can estimate a car’s trade-in value from the comfort of your home or office. Simply input some information about your car into the trade-in car value calculator, as well as your contact information, and you’ll have an estimate right away. Keep in mind, there are a few factors that affect trade-in car value, including:
- Mechanical condition
- Car features
- Exterior/Interior condition
- Market landscape
Once that estimate is complete, bring it into our dealership (the value 9 times out of 10 increases once you get here), and we will cut you a check, or you can select another vehicle to purchase! Contact us for more information about how to trade in a car.
Value Your Trade-In: FAQs
Q: Can you trade in a financed car?
A: Yes, you can. If you have positive equity on the car (as in it’s worth more than what you currently owe), you can trade it in easily. The dealer will purchase the car and pay off the loan, then they’ll put what’s left toward the new vehicle price, giving you a major advantage. If you have negative equity on the car (as in it’s worth less than what you currently owe), the dealer may still buy the car and pay off the loan, but the difference will be rolled into your new car loan — meaning you’ll still need to pay it off eventually. You can also pay the difference of what we value it at if you don’t feel like purchasing a new one!
Q: How soon can you trade in a financed car?
A: There’s no time limit that’s set in stone, but it’s a good idea to wait until you have positive equity. (The value is changing each time you drive it and put miles on it!)
Q: What does it mean to be “upside-down” on a car loan?
A: Being “upside-down” on a car loan is the same thing as having negative equity. If, for example, you owe $30,000 on a car that’s worth $25,000, you have $5,000 negative equity.
Q: Can I trade in my car for a cheaper car?
A: If you still owe money on the car, you can trade it in for a cheaper one. If, for example, you owe $15,000 and the car is worth $20,000, the dealer can purchase the car as a trade-in, pay off the loan, and put the $5,000 toward your new auto loan as equity. If you don’t owe money on the car and own it outright, there’s nothing stopping you from trading it in for a cheaper car; you can do what you’d like with it.
Make Bellamy Strickland Chevrolet Buick GMC Your Automotive Partner Today!
If you have questions about how to trade in a car that is paid off or is it better to buy or lease, don’t hesitate to contact us online or give us a call at 770-288-5678. While you’re here, be sure to browse our current new and pre-owned car specials to start shopping for your next great offer near Griffin. Contact us today for more information!