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Ardent Exchange: Auto Buying Concierges - Trade Ins

Author
Ardent Credit Union
Published
Tue 26 Nov 2024
Episode Link
https://ardentcu.alitu.com/episode/edcb36e3-66e7-4c61-886f-17bfa77a33f0

Trading in your car? Don't let it turn into a financial fumble! On this bite-sized episode, Pete and Steve tackle the often-overlooked trade-in process. They'll pull from their experience as former auto sales professionals to break down:

  • The key reasons to consider a trade-in (think convenience, potential tax breaks and avoiding scams) and reasons not to trade in (pricing and market conditions)
  • What to do and what not to do before you head to the dealership (Should you detail your car first?)
  • Dealership negotiation strategies and avoiding the devaluation trap to secure a fair trade-in price

The trade-in process is often an afterthought for many car buyers—But in this episode, our hosts will explain why it deserves more attention.

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