Value Your Trade
At Mercedes-Benz of Eugene, we believe it’s important for your car buying experience to be streamlined, stress-free, and easy. One of the ways we do that is by offering our Springfield and Roseburg drivers a hassle-free way to sell their cars. Whether you don’t want the work that comes with placing an ad, screening buyers, and selling your car or you simply don’t have the time, Mercedes-Benz of Eugene is here to help. When you sell your car to us, you can trade it in toward a new Mercedes-Benz or one of our pre-owned models — or we’ll buy it outright. Mercedes-Benz of Eugene handles the paperwork and the legwork so you don’t have to.
What is the Trade-In Value of My Car?
“How can I value my Mercedes-Benz car?” It’s probably the question that brought you here. It’s certainly on every driver’s mind when they are planning on trading their vehicle in. Just fill in your information in our trade-in calculator above to get an estimate right away. We’ll need to inspect it in person to determine the value of your pre-owned car and make an offer, but this gives you a good place to start.
Keep in mind, there are a few factors that affect will affect your Mercedes-Benz trade-in value, including:
- Mechanical condition
- Car features
- Exterior/Interior condition
- Market landscape
How Do You Trade in a Car?
After our online tool valued your Mercedes-Benz car, it’s time for an appraisal of your vehicle! Our Eugene dealership wants to buy your vehicle, and we’re happy to appraise it. We’ll examine the condition of your car and make sure it’s a good fit for our pre-owned inventory.
Once we’ve examined your car, you can negotiate or accept our offer and finalize the sale. We’re proud to offer fair offers on Mercedes-Benz trade-ins, with the goal of making the car selling and trade-in process as simple and hassle-free as possible for you. Ideally, you’re behind the wheel of a new Mercedes-Benz while we’re evaluating your trade-in, and you’ll come back to an offer.
Do you have questions about how to trade in your vehicle? We answer some common ones below, but we’re here to answer your specific questions, too. Don’t hesitate to contact us.
Value Your Trade-In: FAQs
Q: Can you trade in a financed car? A: Yes, you can. If you have positive equity on the car (as in it’s worth more than what you currently owe), you can trade it in easily. The dealer will purchase the car and pay off the loan, then they’ll put the remaining loan balance toward the new vehicle price, giving you a major advantage. If you have negative equity on the car (as in it’s worth less than what you currently owe), the dealer may still buy the car and pay off the loan, but the difference will be rolled into your new car loan — meaning you’ll still need to pay it off eventually. For more information, look at our guide.
Q: How soon can you trade in a financed car? A: There’s no time limit that’s set in stone, but it’s a good idea to wait until you have positive equity, so you won’t have to take on a higher car payment each month.
Q: What does “upside down” in a car loan mean? A: Being “upside down” on a car loan is the same thing as having negative equity. If, for example, you owe $30,000 on a car that’s worth $25,000, you have negative equity.
Q: Can I trade in my car for a cheaper car? A: If you still owe money on the car, you can trade it in for a less expensive one. If, for example, you owe $15,000 and the car is worth $20,000, the dealer can purchase the car as a trade-in, pay off the loan, and put the $5,000 toward your new auto loan as equity. This step is ideal for drivers who are struggling to handle their current interest rates and monthly payments. If you don’t owe money on the car and own it outright, there’s nothing stopping you from trading it in for a cheaper car; you can do what you’d like with it.
Q: Can you trade in a car you just bought? A: You can, though it might not be the best move depending on if it’s a brand new or pre-owned vehicle. Feel free to ask our finance team for guidance on your particular situation.
Make Mercedes-Benz of Eugene Your Automotive Partner Today!
If you have questions about how to trade in a car that is paid off or how to get the best offer when selling or trading your car, don’t hesitate to contact us online or give us a call at 541-687-8888.