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When It’s Time to Trade In Your Car

When It’s Time to Trade In Your Car

How do you know when it’s the best time to trade in your car? If you bought your vehicle at Integrity Auto Finance, there are several benefits to trading in your old vehicle for another one. Here are three incredible perks of trading in your car as well as several ways to make sure that you get the most value out of your trade-in.

Qualify for a Lower Interest Rate

One benefit of trading in your vehicle is that you might qualify for better financing terms. If you’ve kept your account in good standing by making timely payments on your current car, you may qualify for a lower interest rate on your next vehicle. Additionally, making those timely payments will have worked to improve your credit score, because Integrity reports to all three credit bureaus.

Get a Newer, Nicer Car

Are you interested in turning your trade-in to a trade-up? Avoid getting bored with your vehicle when you have the option to trade-up to a newer model of car. When you trade in your current car, you can can put some additional money down to trade up to a newer model.

Get a More Dependable Car

Dependability is important with a used car. No one wants costly repair bills on top of your regular monthly car payments. When you have a newer vehicle, the chances of you having these kinds of problems decreases. Trading in your older car every three years or so can help you purchase a newer model that will be more dependable.

How to Boost Your Car’s Trade-In Value

Now that you know the benefits of trading in your car, you want to make sure that you are getting the most bang for your trade-in buck. Dealers will offer you more for your existing vehicle if they see that it is clean and well-maintained. This means that you should follow your car’s regular maintenance schedule and take care of your vehicle while you own it. This will make it a more attractive trade-in in the eyes of the dealer.

Buying a used car doesn’t have to be stressful if you know what to expect. Taking a well-maintained car in for a trade-in will help you get a better deal on your next car, which should be an upgrade in terms of model year and dependability.

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