If you’re like the majority of Mechanicsburg, Camp Hill, and Harrisburg drivers, you probably plan to trade in your car every few years. Allowing yourself a fresh automotive start is not only exciting, but it also can often be a smart financial move.
When taking the plunge, the big question on most people’s minds is, what’s my car worth?—and how can I leverage its value to help finance my next one?
To assist you, the finance center team at Faulkner Volkswagen provides several resources to help you secure an accurate appraisal. One of our most popular tools is the Edmunds True Market Value® report.
The steps you take between deciding to buy a new car and showing up to the dealership are important. Doing your research not only sets expectations, but it also can help you feel confident when you finally step onto our showroom floor.
You can find our Edmunds Trade-In tool listed on our Finance page. To receive an initial estimate, simply enter your car’s year, make, model, and trim level. You’ll then be asked a few questions regarding its overall condition and mileage.
Finally, tell us the best way to contact you and we’ll provide an initial estimate all within a few minutes!
Like a beloved family pet, your car often holds lots of sentimental value. While the memories you’ve made driving it are priceless, your vehicle’s real trade-in value is determined by several market-driven factors including:
Your car is a product, and like many products, its monetary value slowly decreases over time. That’s why a 2-year-old car will often be appraised higher than a 3- or 4-year-old car despite being the same make and model.
Remember back in high school when everyone had a permanent record? Well, the same goes for your car. On it, you’ll find info including how many times it’s been serviced, accident/damage reports, and whether it’s ever been recalled by the manufacturer.
Often, you can view this report online through a third-party site, like CARFAX®, or by requesting a copy from our appraisal team.
It’s an obvious truth: Younger cars with fewer miles tend to receive a higher trade-in price. It’s also true an older car that’s been properly maintained can often provide a nice return for the owner.
This factor is bit more complicated than the previous ones but plays a significant role in determining your eventual trade-in offer.
Using real-time local data, we enter your car’s info through a special algorithm to help nail down a fair price.
Wherever you find yourself in the car-buying process, the team at Faulkner Volkswagen is ready to lend a hand. Our experienced team of experts can accurately appraise your car and put you one step closer to securing the VW of your dreams.
Ready to get started? Enter your car’s info through our Edmunds Trade-In Tool and before you know it, you’ll be hitting the streets of Mechanicsburg, Camp Hill, and Harrisburg in style!