Whenever a customer decides to buy a new car, a question arises in his mind about what to do with the present car. The customer can donate, sell it privately, or trade in the car at dealership. Trading in the pre-owned car at dealerships presents an effective solution as the customer will pay less amount for the new car and get other benefits like reduced sales tax. Trading in a pre-owned car at the General Motors (GM) dealerships means better trade in price for pre-owned cars, convenience, and peace of mind for the customers.
Better Trade in Price
A good trade in price is a matter of concern for customers opting for pre-owned car trade in. GM dealers offer a good trade in price after evaluation of the used car on various parameters like year of manufacturing, paint, make and model of car, condition, mileage etc. Dealers efficiently utilize these factors in determining the trade in price for the customer's car. Many times customers calculate the trade in value through various online resources or blue book which gives higher estimated values. However, the trade in prices offered by dealers is according to black book that is based on current pricing trends going on for used vehicles in auction sales. The dealers offer proper trade in price as they have knowledge and years of experience in selling the particular make and model of car. The GM dealers follow a clear process of valuation during trade in process to give customers a better price.
Convenient and Easy
Trading a car in at GM dealers is a convenient, easy and hassle free way than selling pre-owned car privately. The dealers can help avoid the time, efforts, expenses, and inconvenience that is experienced while selling the car privately. The customers need not have to face long term negotations for long periods with potential buyers. Going for a trade in at GM dealership ensures that customers receive good trade in prices, quality services, better deals etc. Once the offer is accepted by customer, the transfer of ownership occurs and the customer can drive home in a new car.
Easy To Trade in Financed Vehicles
The owner of financed vehicles who still have pending loans or owe money can enter into trade in with dealership. Once such trade in is approved after proper inspection of used car and quality check processes, the GM dealer will contact the bank, financial institution, or lender and pay off the remaining dues. Trading in funded vehicles is beneficial to those who like to buy new vehicles at regular intervals. Selling or transferring a financed vehicle is not allowed by bank until the loan is paid off. So, trading in finished vehicles is beneficial as it will help clear early loan as well as purchase a new car.
No Worry after Trade In
Once the vehicle is traded at at the GM dealership, the customer need not have to worry about mechanical or engine problems that may arise in future. As in case of used cars sold to private persons, the buyer may demand expenses from seller for any problems that is noticed after selling the car. Once the vehicle is traded in, the GM dealership accepts the responsibility for efficient running and trustworthiness of the pre-owned cars. The customer will not be contacted to pay for repairs in future date.
Trading in the present car is beneficial when the customer is looking for purchasing a new car or another used car. Another benefit of trading in is deduction in sales tax. The customer needs to pay sales tax only on the difference amount between trade in price and purchase price of new car.