Choosing to trade in a car at a dealership like Elgin Chrysler Dodge Jeep RAM, allows drivers to avoid the hassle of private selling. It also provides the opportunity of applying the funds to the purchase of a brand new car, truck, or SUV. If you're curious how to trade in your car, our finance team is happy to help with the process. Explore the steps below so you can get the best trade-in value in the Bartlett and Streamwood area.

Trade-In Tool Apply for Auto Financing

How to Trade In a Car: Knowing the Value

The first step in the process is determining the value of your vehicle. You can use our value your trade tool, or other sites like Kelley Blue Book® and Edmunds True Market Value® to do this. You simply need to enter your car's year, make, and model, along with your name, email, and phone number to access the information. You can also provide information about the vehicle's condition to get the best estimate. 

How to Trade In a Car: Get an Appraisal

After doing the research on the value of your vehicle, head to our dealership in Streamwood to get an appraisal. Our team will examine your car's condition, and taking into consideration our current used inventory, we'll determine whether we can sell the vehicle. Be sure that you bring your trade-in value estimate (as well as any other trade-in offers you may have received) for a point of reference and to help you get the best price.

How to Trade In a Car: Negotiate or Accept a Trade-In Offer

Learning how to trade in your car also requires a bit of negotiation. After our appraisal, you can either negotiate or, if you think it's a good price, accept our offer outright. The process can be pretty simple and straightforward when you come to Elgin Chrysler Dodge Jeep RAM. Additional advantages of trading in your car with our team include:

  • Unlike many Streamwood-area used-car retailers, you can negotiate at our dealership. The first offer you're given isn't necessarily set in stone, and you can choose to haggle up based on the trade-in value research you've done. 
  • If you're upside down on your auto loan and wish to consolidate what you owe with the price of your new car, our team can help you do that. 

Once you have accepted the offer, you can finalize your trade for cash, or put the car's value toward buying a new car. 

Explore How to Trade In Your Car at Elgin CDJR

If you still have questions about the process, feel free to contact us at any point or if you would like to schedule an appraisal near South Elgin. You can also learn more about our buyback and trade-in center, and be sure to check out our new vehicle specials to take advantage of our current deals.