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At Greenway Chevrolet Of The Shoals, we think it’s important to make the car buying and selling process as easy as possible. Whether you live right here in Tuscumbia or on the other side of The Shoals, it’s easy to sell your car — just come to Greenway Chevrolet Of The Shoals. Trying to sell a car on your own can be a hassle even if you’ve done it before. We take care of the hard work for you and can apply the value of your vehicle toward a new Chevy or a used vehicle or buy it outright. You don’t have to worry about posting ads or screening buyers — you just need to bring your car to us.
“What is my used car worth?” It’s the question that probably brought you here to Greenway Chevrolet Of The Shoals. While we’ll need to get a look at the vehicle in-person for an estimate, if you want to know what the trade-in value of your car is, you can get started with our trade-in calculator. Keep in mind, there are a few factors that affect trade-in value, including:
After you find the trade-in value of your car, the next step is to bring it in for an appraisal. If you have an idea of what you might be looking for, you can do everything from browsing available cars to completing your trade-in and purchase deal online. Once we get some time with your vehicle to ensure the mileage, condition, and maintenance history are in good order, we’ll give you an offer.
Once we’ve examined your car, you can negotiate or accept our offer and finalize the sale. We pride ourselves on offering the fairest possible offer on trade-in vehicles, aiming to make the trade-in process transparent and simple. There are quite a few advantages to selling your car to a dealership, but the biggest one for most drivers is this: we make the trade-in process seamless, even if you still owe on your vehicle, and even if you’re upside down on your car loan.
Q: Can you trade in a financed car?
A: Yes, you can. If you have positive equity (your car is worth more than what you owe on your loan), it’s almost as easy as trading in a car you’ve paid off. If you have negative equity, you’ll need to roll over the difference in the car’s value and what you owe into a loan toward your next vehicle.
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.
If you have questions about how to trade in a car that is paid off, or how to get the best possible offer, don’t hesitate to contact us online or give us a call at (256) 814-0936. While you’re here, be sure to browse our current new Chevy specials and used car deals to start shopping for your next great offer in Northern Alabama!