The Best Time to Trade In or Upgrade Your Vehicle in Chapmanville, WV

There are many reasons to consider buying a new car. Your present vehicle may be deteriorating and nearing the end of its life. It may no longer satisfy your and your family's needs or a change may be just in order.

Trading in your current vehicle is a smart choice if you want to upgrade your vehicle. If you want to upgrade your car, the cost may be higher than you can afford. You can find a more affordable vehicle by trading in your old one. It also becomes unnecessary to sell your car to a private buyer.

Visit a dealership you know will treat you fairly when you're ready to look into a trade-in. We at Thornhill Auto Group will look after you and make sure you pick up a better, newer car with the features you desire. We have finance and sales professionals ready to get you into a new vehicle that is safe, exciting, and enjoyable to drive.

Come see us today, and we can upgrade your old vehicle to a more expensive trim or model. Helping you achieve your goals makes us happy.

The Right Time to Trade In Your Vehicle

The best time to trade in your car is when you will receive the highest price. There are several contributing factors:

Age

Automobiles lose value over time, and they do so rapidly. Your car has already suffered significant depreciation if it is only a year or two old. You should wait for the depreciation to level out more to increase its trade value. However, don't wait too long. There are noticeable drops during the years nearing the end of the warranty. After purchase, these typically occur three, seven, and ten years later. Each milestone decreases the vehicle's coverage, lowering its overall value. You should trade in your car before the tech features become outdated.

Mileage

Similar to aging, more miles can eventually lower the value of a trade-in. The typical passenger car logs about 12,000 miles annually. If your car's mileage is below that average, it might be a good idea to trade it in. The dealer knows buyers will prefer these cars over those with higher-than-average mileage.

Wear and Tear

If your car's cost of repairs and maintenance starts to rise over the course of two to three years, it's time to trade it in. Examine the difference between the new or used car payments and your maintenance expenses.

Supply and Demand

Pay attention to local demand. If you're trying to trade in a particular model and the dealer has 19 of them, they won't rush to give you the best deal. However, dealers might be searching for your model if they don't have any on the lot and there are interested buyers.

Break-Even

According to some, it's a bad idea to trade in a car that you still owe money on. It would be a great idea if you time it correctly. If demand has increased to the point where your car's trade value is close to or even higher than the loan you currently owe, you can then consider selling your car.

The best time to trade in your car is when some or all of these factors line up.

The Right Time to Upgrade Your Vehicle

Upgrading your vehicle every few years can improve your driving safety and dependability. Newer cars are far more likely to function well. Additionally, upgrading to a newer model will include more innovative technology, more reliable safety features, and improved comfort and conveniences.

Trade-In Your Vehicle at Thornhill Auto Group

When you're ready to trade in your current vehicle, go to Thornhill Auto Group in Chapmanville, WV. Our sales team wants to take your trade-in and replace it with a better model that you will enjoy driving for many years to come. Visit our showroom today, and we will assist you in selecting the ideal vehicle.