How to Trade In a Car

Excited Couple Reviewing Trade in Offer with Salesman
If you’re in the market for a new vehicle, we recommend looking into trading in your current model to help you save even more on a new one. When you choose to trade in your car at a dealership lik BMW of Tenafly near Fort Lee, you won’t have to deal with the hassle of selling it yourself. Learn more about how to trade in a car and more with the finance team at BMW of Tenafly in Tenafly.

Get Your Trade-In Car Value

While it may seem like a difficult step, the first thing you’ll want to do is determine just how much your car is worth. Luckily, we have a value your trade tool online! To use this tool, enter in your car’s year, make, and model, along with your name, email, and phone number. Once that information is in, you’ll need to add information about the vehicle’s condition. Then you’ll receive the estimated value of your car. You can also search other online tools such as Kelley Blue Book® Value and Edmunds True Market Value®. We recommend getting a few quotes so you get the best deal for your model.

Get an Appraisal

Once you receive your trade-in estimate, visit our dealership in Tenafly for an appraisal. For this, you’ll need to bring your vehicle in for an examination. Our technicians will check the car’s condition inside and out, as well as take into consideration our current used inventory to determine whether or not we can sell the vehicle. If you used our value your trade tool, bring in the trade-in value estimate. If you have trade-in offers from using another online tool, bring that as well.

Negotiate or Accept a Trade-In Offer

After the appraisal is completed, you can either accept our offer outright and close the deal or negotiate. This is a pretty straightforward process, which is just one benefit of trading in your car at a dealership like BMW of Tenafly near Cresskill. A few other benefits include:

  • Unlike many Closter-area used-car retailers, you can negotiate with a dealership like BMW of Tenafly. The first offer you’re given isn’t necessarily set in stone, and you can choose to haggle up based on the trade-in value research you’ve done.
  • If you’re upside down on your auto loan and wish to consolidate what you owe with the price of your new car, a dealership can help you do that.

Find More Tips on Car Trade-Ins at BMW of Tenafly

If you want to learn more about car trade-ins, don’t hesitate to contact our finance team. We can also help you find the new vehicle, or BMW SUV lease, that’s right for you. Interested in using our online payment calculator? This tool can help you estimate future monthly payments. Learn more about our models, BMW lease return, if you can take over a lease, and more with our team today!

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301 County Road, Tenafly, NJ, 07670
BMW of Tenafly 40.934086, -73.957511.