If you have a vehicle you want to get off your hands, then consider trading it in, as the trade-in benefits are numerous. You could save a lot of time and make the process of selling your old car much simpler by visiting the Acura dealership.
Trading in Your Vehicle at Your Acura Dealership: 5 Trade-in Benefits
1. The Process Is Fast and Simple
Trading in is a fast and easy process. Calculating the value of your trade-in online before visiting the dealership is always worthwhile, as it gives you an idea of a fair price for the car. This can be done in minutes. After you know what your car could be worth, you can visit the dealer and find a staff member to help you start the process of trading in your car.
The rest of the process is seamless and handled for you, and all you have to do is negotiate and sign the paperwork at the end.
2. The Sales Tax on Your New Car Will Be Lower
When you trade in a vehicle, the value of the old car can lower the price of a new one. In New Jersey, the sales tax for the new car is then calculated based on the new, lower price, so you could save a substantial amount of money. If your old vehicle gets you a trade-in credit of $10,000, and you use that to lower the cost of a $40,000 car, then you only pay sales tax on $30,000 of the new car’s value.
3. The Car Loan Is Easier to Deal With
If you want to privately sell a vehicle that you’re still paying for, then the process of transferring the loan to a new buyer can be complicated. Dealerships are sometimes willing to let you trade in the car, and they’ll pay off the loan. So, if you still owe $5,000 on a trade-in worth $11,000, then the dealership may pay off the loan and take the difference off the value of your trade-in. This leaves you with $6,000 you can put toward your new car.
4. The Dealer Handles All the Financial Aspects
Dealerships don’t just make it easier to deal with a car loan; they handle all kinds of financial transactions, so you never have to deal with moving large sums of money on your own. The value of the old car can be taken straight off the cost of the new one, and all other financial transactions are handled by an experienced business. When selling privately, it can be harder to navigate large financial transactions, as you have to figure everything out yourself.
If you need to sell your old Acura, then come see us at Open Road Acura of East Brunswick in East Brunswick, NJ. We’ll appraise your car and are ready to negotiate a fair price.
Connect with us
