Is trading in your car the way to go? Whether you are buying new or used, many people choose to sell or trade in their old car for extra money. The money can be used as a down payment or to lower the price of the purchase of a new car.
Depending on the State in which you reside, you can SAVE Hundreds or sometimes Thousands of dollars in sales tax credit by trading in your car. You will pay sales tax on the difference of the purchase price less the trade in price. Please fill out the form below for a quote on your vehicle for trade in.
Here are some issues to consider:
Should I trade in my car?
If you have a car trade in, make sure that you know the wholesale and retail value for your trade. If you are going to trade a car in, understand that you will usually not get as much for the car in trade as you would by selling it on your own. The ease and convenience of trading in a car is usually worth the 5-10% difference in price.
Should I sell my car to a private party?
Although selling your car privately may render a small financial gain, selling a used car to a private party has many risks. You will have strangers coming to your home to look at it. All of the paperwork needs to be prepared including DMV documentation, so that liability does not remain in your name. This should be done before you drop your insurance coverage on the automobile. More often than not, it is rarely worth the hassle and risk of selling the car on your own.
Fill out the form below completely for a quote for the trade-in value of your car. A representative will get back with you as soon as possible.
Describe the Condition of your Vehicle
195 Northern Blvd
Tel: (516) 487-5681
Fax: (516) 487-0685