Advantages of Trading in Your Vehicle

Why You Are Smart to Trade in Your Beater

Four seasons of Wisconsin weather can exact a heavy toll on virtually any vehicle. When it is time for you to upgrade the family car to a new or newer model, the old family car likely holds more value than you realize. Fortunately, you can get good trade-in values that help to put you behind the wheel of a great new model while lowering your overall costs. Here is a closer look at the many great advantages of trading in your current vehicle on a new model or a certified preowned vehicle with lots of great services live remaining.

No Wisconsin Sales Tax on Trade-In Values

Wisconsin does a great job of knocking the trade-in value off of the taxation value when you trade in your vehicle to get a new one. Whether you buy a brand new car, truck, SUV, or van, your trade-in value will reduce the taxed value on your new purchase. If you trade in a vehicle that is worth lots of money, you can save lots of money by negating much of the sales tax.

It even is possible to trade in a very costly vehicle on a great certified pre-owned model that costs as much as the trade-in value. Such a transaction would negate your state sales tax altogether and save you potentially lots of money for tickets to a Green Bay Packers game.

Maximize Used-Car Values

The best reason to trade in your vehicle is the most commonly used one: You need a better vehicle but do not want to pay the full new-car price. Those same reasons you are looking to upgrade to a new vehicle likely are among the reasons why trading in your current vehicle is a good idea. You likely need to do some maintenance and repairs to get it back into ideal running shape, but you do not have time or money for it. Instead, you can trade it in on a new model or a great pre-owned special and drive away with a better car without having to spend time and money improving your old one.

Offset New Car Depreciation

A new car loses a lot of value right away when you leave the dealership showroom. When you trade-in your current vehicle, you reduce the total purchase price on the new model. A lower total purchase price means your new car cannot depreciate as rapidly, which gives you a much better transportation value. If your trade-in significantly lowers the price of a new model, the additional benefits of service contracts and manufacturer warranty protection.

Easier to Pay Off Old Loan Balance

Many motorists finance their cars for up to six years but trade them in before the loan is paid off. When you have a remaining loan balance owed on a potential trade-in on a new car, the lender often will roll over the amount owed into the cost of the new vehicle. The trade-in value likely will offset the balance, anyway, so the financed amount still stays well within the new vehicle’s actual value and fully secures the loan.

More Affordable Insurance Costs

If you finance a new or used vehicle, collision and comprehensive insurance coverages can add a lot of monthly insurance costs to the ownership costs. A trade-in can lower the financed amount on a new vehicle enough to significantly lower the amount of insurance that you need to carry to secure the loan.

Maximize Your Trade-In’s Value

If you are trading in a vehicle, you likely have some maintenance and repairs needed to put it in top running condition. You also should detail the interior and wash and wax the exterior and possibly mount and balance some new tires. All of that adds up to a lot of money to prepare your old car for the used car market.

Instead of wasting time washing, waxing, detailing, and repairing your trade-in, our certified technicians can take care of that. You still get a great value on your trade-in but do not have to go through the time and expense of fixing it up and putting it in better running shape to maximize its value.

Gandrud Nissan

1001 Auto Plaza Dr., Green Bay, WI 54302

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Tuesday 8:30AM - 7:00PM
Wednesday 8:30AM - 7:00PM
Thursday 8:30AM - 7:00PM
Friday 8:30AM - 6:00PM
Saturday 8:30AM - 5:00PM
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Monday 7:00AM - 6:00PM
Tuesday 7:00AM - 6:00PM
Wednesday 7:00AM - 6:00PM
Thursday 7:00AM - 6:00PM
Friday 7:00AM - 6:00PM
Saturday Closed
Sunday Closed
Monday 7:30AM - 6:00PM
Tuesday 7:30AM - 6:00PM
Wednesday 7:30AM - 6:00PM
Thursday 7:30AM - 6:00PM
Friday 7:30AM - 6:00PM
Saturday Closed
Sunday Closed