Can You Trade In a Buy Here Pay Here Car?

November 5th, 2024 by

When you’re looking to trade in a car, many dealerships are open to accepting trade-ins, whether the vehicle holds high or low value. At Auto Now, we aim to make the trade-in process straightforward and rewarding, offering $1,000 for any vehicle trade-in, regardless of its condition. This means you can bring in your current vehicle and easily drive away in a new one without the hassle of selling it privately.

Trading in a Buy Here, Pay Here car is something you can easily do at Auto Now. While every dealership has its own policies, Auto Now strives to work with customers to make the trade-in and purchase process as smooth as possible. We want to ensure that every step, from trade-in to driving off the lot, is convenient and beneficial for you.

How Does Trading in a Buy Here, Pay Here Car Work?

For a Buy Here, Pay Here car, the trade-in process is the same as if you are trading in any other type of vehicle. Research your car’s trade-in value to see how much the car is worth at this point. The Kelley Blue Book and NADA are just a couple of the sites you can use to get your own estimate of your vehicle.

While bringing in any and all service records you have for the vehicle is not technically required, it will show you have been taking care of the vehicle and could benefit your trade-in value.

Before you bring in your vehicle, make sure the inside and outside are clean. It is also important to fix anything small that is wrong with the vehicle. Making sure that all basic car maintenance has been taken care of will ensure you’re not leaving money on the table when looking to trade in.

Some dealerships have specific trade-in requirements for cars. At Auto Now, we’ll give you at least $1,000 for your vehicle, regardless of the condition. Our goal is to make the trade in and buying process as fast and easy as possible.  

 

What if My Buy Here, Pay Here Car has Negative Equity?

If you have the extra cash on you, and you can’t wait to buy a new vehicle, you can get rid of the negative equity by paying the difference between what you actually owe and what the car is actually worth at that point. Some dealers will allow you to roll over the negative equity into your new loan. Be mindful of this option. This does not remove the negative equity. This just means that you are now paying for the difference on the old loan along with the new loan at the same time.

The bottom line is if your vehicle meets the dealership requirements, then it doesn’t matter if it is a Buy Here, Pay Here car. The better you continue to take care of your car, and the better you continue to keep up the maintenance, the better shape you will be in when it comes to trading in your Buy Here, Pay Here vehicle.

Using Buy Here, Pay Here Financing for Your Next Vehicle

After your trade-in amount has been calculated, you may find that you still need financing to afford the car you really want. This is common, and at Auto Now we can help with our easy financing for buyers of all credit types. 

Having everything under one roof makes a Buy Here Pay Here dealership a good choice for trading in and trading up. Instead of running around to three or four different places, you can do everything at the dealership in one afternoon, dropping off your old vehicle and driving home in a fantastic new one.

View our Frequently Asked Questions page to learn more about Auto Now and our 7 Buy Here Pay Here locations. 

Auto Now used car dealership Belton, MO

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Posted in Buy Here, Finance, Trade In