If you haven’t gone through the process before, you may have questions about how to trade-in your car. The process is simple, especially with online tools like Mercedes-Benz of Chicago’s value your trade-in tool. To learn how to trade-in a car before you commit to a new vehicle purchase, follow the instructions below from the Mercedes-Benz of Chicago finance center.
Value Your Trade-In: Estimating Value
The first step in how to trade in a car involves calculating your trade-in value. To value your trade-in, you can access a number of online tools, including the Mercedes-Benz of Chicago value your trade tool. Using our value your trade-in tool only takes a couple of minutes, as you need fill-in basic information like your car’s make, model, and year. Your contact information will also need to be included in order to receive your Mercedes-Benz trade-in estimate. This estimate can be compared to other trust-worthy estimates from Kelley Blue Book® Value and Edmunds True Market Value®.
Mercedes-Benz of Chicago’s Appraisal Process
While you may prefer to use online tools, there’s something to be said for an in-person appraisal process. At Mercedes-Benz of Chicago, you’ll be greeted by a Mercedes-Benz technician who will provide a thorough once-over for your vehicle. Using this information about your vehicle’s condition, and with the knowledge of our inventory and local markets, they’ll determine the value of your vehicle.
After the Appraisal
After you get the offer for your Mercedes-Benz trade-in, you’ll have three options- accept the trade-in, negotiate for a different price, or walk away from the offer altogether. Not sure if you’re ready to accept your Mercedes-Benz trade-in offer? With Mercedes-Benz of Chicago, you can think it over, as you have up to 7-days and 150 miles after your appraisal to accept our offer.
If you decide to accept the offer, you’ll need to bring your keys, title, registration, and driver’s license to our dealership to finish the trade-in process. Then, we’ll be able to either apply this value to your new vehicle purchase or cut you a check.
Discuss How to Trade-In a Car With Mercedes-Benz of Chicago
The Mercedes-Benz of Chicago finance team is here to help answer any questions you have about your Mercedes-Benz trade-in estimate, as well as help you get a great price on a new Mercedes-Benz vehicle.