How the Toyota Trade-In Process Works

How the Trade-in Process Works

How the Trade-in Process Works

Overview

When buying a new car, having an existing car to trade in is a great way to save money on monthly payments. At Principle Toyota of Hernando we want to make the trade in process as easy as possible so we put together this guide on how trading in a vehicle at our Toyota dealership works.

Start the Process by Getting Your Car’s Estimated Trade-in Value

A good place to start is by having us estimate your trade in value based off the condition and options the car has been outfitted with. You can use our trade in tool here to start the process.

Start the Process by Getting Your Car’s Estimated Trade-in Value
Next, It’s Appraisal Time

Next, It’s Appraisal Time

Now that you have begun the process online, you can schedule an appointment to bring your vehicle in for appraisal. We will evaluate the condition of your vehicle and should have final appraisal numbers after a test drive is conducted to see that the vehicle is in working order. The test drive will be around 3-5 miles, and certainly not more than that.

After That, You Can Negotiate on the Wider Terms

The appraisal is the principal part of the process. Once that is over, you can then factor in your trade-in quote to your wider negotiations. If you’re trading in as part of buying another car, then you can negotiate for how the trade-in impacts the overall monthly price and terms of your finance deal.

After That, You Can Negotiate on the Wider Terms
Conclusion: Know the Process Before Trading In Your Vehicle