How Do Dealers Value My Trade?
How Dealers Value Your Trade in Dothan, AL
The trade-in process may seem daunting if you don’t know much about it, but don’t sweat it. Here at Toyota of Dothan, we can shed some light on how we evaluate your vehicle. We utilize Car and Driver to provide a reliable trade-in estimator tool on our website. Oftentimes, we provide our customers from all over Ozark and Enterprise with offers they can’t resist. Curious about the factors we take into consideration? Keep scrolling to learn more!
Your Vehicle’s Details
Not only do we take note of the year, make and model of your vehicle, but we also evaluate the mechanical condition and mileage that has accumulated on your model. Your car will be on full display, so make sure the interior and exterior look its very best. Did you make customizations to your ride? Depending on if they’re favorable changes or not, it could negatively or positively impact the final quote you receive.
Supply and Demand
Our used inventory helps us determine what models we need more of, but so does the demand among drivers. Whatever makes and models are trending, if our inventory is low on them, the value of those cars will increase. Or, if gas prices skyrocket, fuel-efficient models will be high in demand. Conduct research into the current car market to determine what vehicles are trending.
Regional Differences
Believe it or not, where you live could significantly influence the vehicles that are in high demand within your region. Depending on the common jobs, hobbies and travel requirements your local area has, certain body styles or models with specific features will become popular choices. For example, if you live in a suburban area with many work commuters, a sedan will be the trending body style. However, if you live in a mountainous area, off-roading will be a popular pastime, and therefore require vehicles with 4x4 driving systems. Whatever models are all the rage in your location, the higher trade-in value those specific vehicles will have.
Ready to upgrade your vehicle? We can help. Value your trade online today! If you agree with your quote, head down to Toyota of Dothan at 2285 Ross Clark Circle, Dothan, AL 36301 to have your quote and vehicle verified in person. If you have any further questions, contact us and we'll be in touch shortly. We look forward to serving our customers from Ozark and Enterprise.