How to Trade In Your Car

Person trading in vehicle for cash

Trading in your car has many benefits. You can use the money you make from the trade toward the down payment on a newer car or use the money for a different necessity. Trading in your vehicle also helps to clear up some extra space in your garage for that workbench you’ve always wanted.

No matter what the case may be, Watermark Toyota of Madisonville is here to show our friends near Madisonville, Owensboro, and Henderson, KY, how to trade in their car and get the best value for it.

How Can I Trade My Car to You?

Close up of red toy car calculator stacks of coinsWe take immense pride in making your trade-in experience at our dealership as easy and straightforward as possible. The best way to get started is to utilize the Value Your Trade tool on our website. It will ask you to enter some basic information about your car, after which you’ll receive a quote.

From there, you’ll bring your car to the dealership to be appraised, then you’ll sign a few papers. Once all of that is taken care of, you can get paid!



What Factors Can Determine My Car’s Value?

Every buyer, whether it’s a dealership or a private buyer, will value some factors over others. As a general rule of thumb, though, you can expect these factors to play a part in figuring out what your car is worth.

  • Make/model: It’ll depend on what type of car you’re selling and what the dealership or private buyer is looking for at the time you’re looking to trade.
  • Year: Newer cars are generally preferred due to low mileage and advanced technology
  • Mileage: Generally, the fewer miles your car has, the higher its value will be.
  • Desirability: This is the wild card, as different buyers might want different things. Shop around and see what cars are most desired around the time you want to trade.2021 Toyota lineup on the trail

Check Out Our New and Used Inventory

One of the things you can do with the payment you get from trading in your current car is use it as a down payment on something different, whether it be new or used. You’ll find that our Toyota dealership offers a large selection of new Toyota vehicles, ranging from sedans like the Camry and the Corolla, to bigger SUVs like the Highlander and 4Runner.

If a used car is more your speed, we have many Toyota Certified Pre-Owned cars, as well as vehicles from other amazing auto brands. No matter what you’re looking for, trust that you’ll be able to find it at our dealership.

Trade in Your Car at Watermark Toyota Today

Do you want to part with an old car in favor of a new one, or for another reason? At Watermark Toyota of Madisonville, we’ll work with our friends and family near Madisonville, Owensboro, and Henderson, KY, to trade in your car and get maximum value for it.

To learn more about our trade-in process, or to get started, give us a call or go online today!


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