Vehicle Trade-In in Toronto, ON

If the time is right for you to invest in a newer model vehicle, you may be wondering what to do with your old one. Rather than going through the hassle of trying to sell it yourself, you could trade it as part of your purchase of your next vehicle. The team of professionals at the Downtown Auto Group can help give you a fair appraisal on your existing vehicle, and apply that value toward your next one.

Why Should I Trade Rather Than Sell?

The honest truth is that it’s more convenient. When you trade with a dealership, you don’t have to worry about paperwork or details, you can use the trade as part of your down payment, and you get to drive away with your new vehicle. Selling will generally earn you better value, but requires finding a buyer, ensuring your vehicle is in good condition, and if you can’t sell prior to buying, then you won’t be able to use that money toward your down payment.

 

 

 

How Do You Value My Trade?

At Downtown Auto Group, all of our professional appraisers spend all day buying cars. You can submit your vehicle for an appraisal, and our team will provide you with a quote calculated in high and low categories. They look at two main categories to determine the value of your current vehicle:

  • The condition of the vehicle. This includes year, mileage, and overall health of the vehicle.
  • The current market condition of the vehicle. This includes demand and availability.

 

 

Trade-In Appraisal Form