We Will Buy Your Car: Value Your Trade-in
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 used 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?
“What is my car worth?” It’s probably the question that brought you here. It’s certainly on every driver’s mind when they go to trade their vehicle in. It’s easy to get an estimate with Mercedes-Benz of Eugene, though. Just fill in your information above to get an estimate right away. We’ll need to inspect it in person to determine the value of your used car and make an offer, but this gives you a good place to start.
Keep in mind, there are a few factors that affect trade-in value, including:
- Mechanical condition
- Car features
- Exterior/Interior condition
- Market landscape
How Do You Trade in a Car?
After you’ve received your trade-in estimate, 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 used 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 trade-in vehicles, 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 what’s left 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.
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.
Q: What does it mean to be “upside down” on a car loan? 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. 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.
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.