Trade Your Car near Laguna Hills CA
Norm Reeves Honda Superstore Irvine has designed a trade-in process that’s not only straightforward, but a great option to attaining the vehicle of your dreams.
We’re located near Laguna Hills, CA, and have trade-in specialists who will lay out the process.
In this quick breakdown, we’ve explained what exactly a trade-in means, the benefits, and your next steps. Keep reading below to learn more.
What Is a Trade-in?
A trade-in is a vehicle you offer a dealership in exchange for credit toward your next car purchase. A trade-in can cover the down payment of a new vehicle and lessen the amount you pay up front. First, you’ll need to know how much your trade-in is worth.
During this process, the condition of your trade-in is directly related to how much value it carries. Simply put, the better the condition of your trade-in, the better the offer.
Here are a few factors that are calculated in your offer:
- How many miles are on the car
- The make and model
- Damage and accident reports
- The vehicle’s popularity
- Interior/exterior condition
Benefits of a Trade-in
There are several reasons why shoppers participate in trade-in deals. Here are just some advantages:
- Covering Down Payment/Lowering Monthly Bills: A trade-in offer can cover the cost of your new car’s down payment. If your trade-in has an even higher value, you can also put your extra credit toward your monthly payments.
- No Strings Attached: When you agree to a trade-in deal, you also agree to trading your vehicle in “as is” condition. That means there are no lingering questions or concerns you need to answer to, unlike reselling a vehicle on your own.
- Sales Tax Savings: When calculating your sales tax on your newly purchased vehicle, you’ll receive sales tax credit based on the value of your trade. For example, if you’re buying a new car for $25,000 and the dealership offers you $10,000 for your trade-in, you’ll pay sales tax only on the $15,000 difference!
How We Handle Your Trade
There are four steps to our comprehensive trade-in process:
- Value your trade: Log onto our website and click through to value your trade. From there, you can input your car’s information and receive an instant offer via Kelley Blue Book®. You can choose to redeem this offer immediately.
- Make your selection: Next, you’ll come down to our lot and shop our new and used inventory. Take your selection for a test drive to get the feel behind the wheel.
- Sit down with our financers: Our friendly team will summarize your financial options by calculating your trade-in offer.
- Drive off in your new model!
Start Your Trade-in Today!
Want to start your trade-in deal? Value your trade and then visit us at our Norm Reeves Honda Superstore Irvine dealership. We’re open to customers when you’re ready to trade your car near Laguna Hills, California.
We’ll set you up with our financial experts and answer any lingering questions you may have. Get trading with us today!