Buying a new car is a big decision, but it can be fun, easy and affordable. You should look at all of the ways to reduce the cost of this major investment, including trading in your current vehicle. Our team at Nye VW of Rome created this step by step guide to teach drivers in Rome, Utica and Manlius, N.Y., how boost your trade-in value.
Step One: Catch Up on Maintenance
It’s very important to get caught up on your vehicle’s suggested maintenance schedule before you trade it in for something new. Staying up-to-date on maintenance will significantly increase the value of your trade-in.
Take a look at your vehicle’s maintenance schedule and compare the outlined mileage intervals to your current odometer reading. These maintenance schedules are available on the Nye VW of Rome website. If you find that your vehicle requires a service check, schedule an appointment with your local service center.
Your expert service technician may discover that your vehicle needs some repairs or replacements. However, before you follow through, it’s important to run a cost-benefit analysis of any potential service. For example, let’s say you need to replace a part: if it costs $150 to replace, but it would only increase the value of your vehicle by $50, it’s probably not worth fixing.
A good rule of thumb is to make sure that any increase in the value of your vehicle always surpasses the amount of money that you are spending on the corresponding service. Here are some issues that are typically worth fixing:
- Broken lights
- Cracked or chipped windows
- Worn or damaged tires
- Noticeable dents and scratches
Step Two: Professional Detailing
Appearances are very important to the buyer. Therefore, a professional cleaning and detailing can really boost the value of your trade-in. This step is just as crucial as making the necessary repairs or replacements.
Look around for local detailing services and car washes that offer comprehensive detailing packages at a reduced rate. You want to find a business that will do a thorough job of detailing your ride, but you also shouldn’t spend too much money on this step. Remember that an accurate cost-benefit analysis is one of the keys to successfully trading in your vehicle.
Step Three: Collect all of your Paperwork
In order to prove to the buyer that you kept up with all of the necessary maintenance, repairs and detailing for your vehicle, you will need to provide the proper documentation. If you misplaced any of the paperwork, just contact the service center or repair shop that did the work so that they can provide you with a copy.
Step Four: Head to the Dealership or Find out More Information
If your vehicle is up-to-date on its service schedule, properly cleaned and detailed, and you have all of the documentation to prove it, you now have two choices. First, if you feel like you’re ready, you can head to the dealership, trade in your old vehicle and buy a new car!
But, if you have a few more questions, you can contact us at Nye VW of Rome. Just give us a call, chat with us online or stop by our showroom. We are glad to provide drivers in Rome, Utica and Manlius, N.Y., with more information about how to boost their trade-in value.
So if you’re buying a new car, and you want to save money with a trade-in, contact Nye VW of Rome today.