Trade In Value

When you want a new set of wheels, it might be time to trade in your car for your next one. This process is a quick and easy way to get rid of your current model and get a newer car, SUV, or truck.

Where can you trade in your car? Ewald Chevrolet, of course! We are a car dealership near you with over 50 years of experience serving the Oconomowoc community. Learn more about the basics of trading in your car at Ewald Chevrolet below.

How Does Trading In A Car Work?

Trading in your car can seem complicated if it’s your first time doing it. So, our sales team at our car dealership near you has broken down the process into manageable steps below.

1. Prep Your Car. Make sure that you clean out your car and make it presentable. If you take a little time to do this, you will usually get more money in your pocket.

2. Gather Your Paperwork. Get together all the necessary documents regarding your car, SUV, or truck. These include your car’s title, service record, warranty documents, and extra accessories.

3. Find Your Next Car. Browse Ewald Chevrolet’s extensive selection of new and used cars for your next car, truck, or SUV. Make sure that your next car suits your needs and budget.

4. Schedule An Appointment. Use Ewald’s website or your phone to schedule a trade-in appointment.

5. Accept Our Offer. Our Max Allowance buyers will extend an offer to you after using live market pricing and an inspection to value your car.

6. Close The Deal. Use your trade in value towards your next car at our car dealership near you. If you need additional financing, use our auto loan calculator with trade in to help you determine your payments.

Where Can I Sell My Car For The Most Money?

If you are looking to get the most money for your Oconomowoc used car, you should use Ewald’s Max Allowance tool. This tool uses your car’s basic information and history to value your car more than other car dealerships in the Oconomowoc area. Here’s why:

• Comprehensive Valuing Process. Max Allowance uses a comprehensive process that ends up with more money in your pocket. Enter your car’s basic info, then fill out the second section. Take photos or videos to show your car’s condition. Also, you could write descriptions of your car’s condition.

• Based On Need. Other car dealerships in Oconomowoc base their used car values on auction prices. In comparison, Ewald Chevrolet values your car according to our need for pre-owned inventory.

• Locally Based. When we buy Oconomowoc used cars, we are supporting the local economy. We do so because your car is likely better maintained and cared for than the ones we buy elsewhere.

How Much Is My Car Worth?

Ewald Chevrolet uses live market pricing to determine how much your car is worth. First, our Max Allowance buyers will research recent sales of similar Oconomowoc used cars to your model. Then, they will consider the condition, the mileage, service history, model, and year. These factors will help us value your car today!

How To Trade In A Car That Is Not Paid Off

If you are planning on trading in a car that is not paid off, you should take a few steps before coming to Ewald Chevrolet. Here is what you should do, according to Nerdwallet:

1. Contact your car loan lender. Ask for your payoff amount for your current car loan.

2. Price your car. Look up the current trade in value using Ewald’s car value estimator.

3. Compare values. Subtract the payoff amount from your car’s current trade in value.

4. Use the remaining trade in value. Ewald has an auto loan calculator with trade in that estimates your next auto loan payment. 

If your used car value is less than your remaining car loan balance, read below to learn what to do.

How To Trade In A Car With Negative Equity

When your car, SUV, or truck is worth less than the car loan you have, you have a negative equity car. When trading in a car with negative equity, you will have to pay the difference between the loan balance and trade in value. Below are the steps you should take to trade in a car with negative equity:

• Schedule an appraisal appointment to get your used car value.

• Pay the difference between your car loan and trade in value. Or you can roll your balance over into your next car loan.

• Find your next new or used car at Ewald Chevrolet.

Trade In Your Car At Ewald Chevrolet!

Now is as good a time as any to trade in your car at Ewald Chevrolet. Rising used car prices make your current car more lucrative than ever before. Schedule your appointment today to get your trade in value!