Featured Image

5 Tips for Getting Top Dollars on your Trade

It is very common that people anticipate getting a higher amount on their trade than the average market value – after all, most of us tend to hold sentimental value for our vehicles. While dealers cannot give you more for your trade than its current market price, there are some things you can easily do to increase your trade’s value. Here are the top five tips we have on getting top dollars for your trade:

  1. Clean it regularly

It may look obvious to you, but you would be surprised to know how many people neglect this easy step. Giving your car a quick vacuum and washing the exterior regularly (especially during the winter months), can help keep your vehicle in top-notch condition much longer. Salt build-up, food residues or pet hair can be very hard to remove which will certainly affect the amount a dealer can give you for your trade. So make yourself a reminder and spend an extra hour cleaning up – it will pay you off tenfold!

  1. Ditch the cigarettes

Think about this – when you are a smoker, you are much more used to the tobacco residue smell in your vehicle, so you may not even realize that it is there in the first place. However, for a non-smoker who is planning to purchase your vehicle, this smell can be very off-putting. Not to mention that it is virtually impossible to remove the cigarette smell permanently. And no, smoking with the window opened isn’t any better. Taking this extra minute to smoke outside before you get into your vehicle can make a huge difference in the first impression it casts on others!

  1. Follow the maintenance schedule

Are you guilty of driving with the check engine light on for a month? Or maybe for a couple of months? Most of us are! But if you are trying to get the highest possible ROI for your trade, then you cannot give into procrastination. Set up reminders on your phone and make sure you are following the service schedule for your vehicle. This will ensure your vehicle is in top-notch condition and will bring you more money when you decide to trade it in.

  1. Have the right tires on

Another problem we often see, that is closely related with procrastination, is that people wait too long, or don’t bother at all, to change their tires from winters to summers or vice versa. Tires play an important role in the performance of your vehicle and having the wrong tires on will affect its performance. A little tip to making sure you swap the tires at the appropriate times – have them on rims so that the swap takes a few minutes to do. This will make it much more likely for you to find the time to go to your mechanic!

  1. Be cautious of your mileage

The mileage of a vehicle is one of the first things people check when they are looking at a vehicle. A general rule of thumb is that Canadians drive 20,000 to 22,000km per year. If you are putting more than that on your trade, chances are you will be getting less than the average market value for that model. So be cautious of how much you drive and get creative – maybe you can take the bus/train for your next trip or carpool to work?

We hope these tips help you take better care of your vehicle and increase your ROI. Don’t forget to follow us on Facebook and Instagram for more daily tips!

Dec 30th, 2019