Ready to upgrade your ride? You can use your current vehicle to pay for a part of your new vehicle. It’s not just about obtaining a new car; it’s about convenience, financial perks, and the ease that comes with it. Trading in your vehicle at a certified Toyota dealership lets you enjoy lots of trade-in benefits.
5 Trade-In Benefits When Trading in Your Vehicle at Your Toyota Dealership
1. Saves Time
If you wish to sell your vehicle privately, you’ll have to advertise it. You need to create ads, post them on different platforms, and communicate with prospective buyers. You may need to spend hours, days, weeks, or even months waiting for buyers to come along, vet it, and even take it for a test drive. When you trade in at your dealership, you bypass all those advertising procedures, saving time and avoiding the frustration of handling non-serious clients.
2. Lower Sales Tax
When you sell your car in private, the money will likely be sent to your bank account. This means you’ll have to pay sales tax, and only then can you use the remaining amount to pay for a part of your new car purchase. If you decide to trade in with us, you’ll only be taxed on the amount you pay. Along with additional price reductions and incentives, you can save lots of money on your new purchase. Take Advantage of Higher Trade Values in NJ
3. Use Your Trade-In Equity to Lower Monthly Payments
When you trade in your current vehicle at a dealership, its value is subtracted from the price of your new or used vehicle. Your trade-in can serve as your down payment. And because the trade-in reduces the vehicle price, you borrow less when financing, meaning you’ll have lower monthly payments and interest rates, or even easier loan approval.
4. Helps Avoid Repair Costs
Car buyers can be picky, and oftentimes, they’ll want all repairs completed before considering purchasing your vehicle. The service department at your dealership is an excellent place to go for all kinds of repairs. However, if your Toyota has a few issues, you could avoid getting them fixed if you’re trading it in.
Your dealership is more likely than the average buyer to purchase a vehicle that has minor issues, as it has a service department on the premises. It is often easier for the dealership to fix up the car in-house after buying it from you.
5. Simplified Process
Trading in your car requires research, an appraisal, a negotiation, and some paperwork. It may take a couple of hours or even less if you’ve been pre-approved for a loan to purchase your new ride at the dealership.
Trade-In Process at Route 22 Toyota
Whether you’re upgrading to a new Toyota RAV4 or downsizing from a full-size truck, trading in your current vehicle is one of the smartest steps you can take if you do it right. At Route 22 Toyota in Hillside, NJ, we help Union County drivers maximize their trade-in values with a process that’s fast, transparent, and designed to help you save. ur online trade-in tool gives you a real market-based value in less than 30 seconds, using trusted Black Book® data tailored to your car’s year, make, model, mileage, and condition.
Once you stop in, our appraisers verify condition and finalize your offer and that offer is good whether you decide to buy from us or not.
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