How to Make the Most Out of Your Trade

Deciding whether to trade in your vehicle or sell it yourself can be difficult. There are advantages and disadvantages to both options, but trading in your vehicle at a dealership is much easier to deal with. At Hubbard Chevrolet, we are focused on getting what’s best for you, so today we will lay out the benefits of trading in your vehicle rather than selling it yourself. This is the simplest way to get your used car out of your hands and get you behind the wheel of a brand new car. 

 

Off Your Hands

One of the best reasons to trade-in your vehicle instead of selling it yourself is that it’s hassle-free. The vehicle will be off of your hands immediately and you won’t have to worry about listing it, contacting potential buyers, setting meetups, and having to deal with the entire buying process. We will handle all of that for you, making things much simpler for you. 

 

Legal Implications

Dealing with buyers remorse and complications that may come with buying a used car can also be difficult when you sell a car independently. Someone may come back to you and expect you to pay and threaten legal action. We take vehicles “as is,” so you won’t have to worry about this happening when you trade-in a vehicle. The dealer trade process is very straightforward, so you’ll never have to worry about any legal implications.

 

Focusing on the next vehicle

If you trade in your vehicle with a dealership, the payment you receive can automatically be put towards your new vehicle. This may not seem like a lot, but it is so much more convenient to just have the money ready to put down on the new vehicle. The other benefit of putting the money directly towards your new vehicle is a tax break. You will only be charged sales tax on the difference between the trade-in value and the new car price. If you were to sell the vehicle yourself, you would be taxed on the income of your old vehicle and pay sales tax for the new vehicle as well. This can save you a lot of money up front. 

Trading in your vehicle is a simple process through Hubbard Chevrolet and we will make sure you get the most out of it. We want all of our customers to be satisfied with their experience here, and trade-ins are no exception. Stop in today with your used vehicle to find out what we can do for you!

Tags: Greenwood's Hubbard Chevrolet, Hubbard, Vehicle Trade
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