2020 Mitsubishi Outlander SUV

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Engine: 2.4L , Transmission: CVT, L/100km Range: 9.9/8.11, Exterior Colour: White Pearl, Interior Colour: Black,Stock #: M20177

If you are in the market for a new car, chances are that you have an old car that you are looking forward to getting rid of. Selling your old car can help you offset a huge part of the payment you need to acquire the new car. Most car reviewers agree that it is much more convenient to offload your vehicle through a dealer since you won't have to list your car or negotiate with a bunch of buyers. Our company is a leading Mitsubishi dealer in Peterborough, Ontario that also serves Lakefield, Millbrook, Lindsay, Port Hope, and other surrounding areas. We have a wide range of new vehicles  as well as used vehicles and for you to choose your favourite from on the company's website. What is the trade-in value? Well, we get asked this question a lot. It is the value that the dealer places on your used vehicle.

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5 Tips to Help You Get the Best Price for Your Trade-In Vehicle in Peterborough, ON

Factors That Affect Trade-In Value

There are five major factors that affect the value of your trade-in vehicle:

  • Car's make
  • The maker of the car
  • Car's age
  • Its mileage
  • The car's condition and desirability

The trade-in value of used cars in Peterborough, Ontario, is determined in many ways. Other than the above-placed factors, dealers also investigate if a car has been in an accident and the damages it sustained.

A trade-in appraisal is done to determine the value of the car. This evaluation involves investigating maintenance and other records of the car. The following are five tips that can help improve the results of a trade-in appraisal:

Do your research

If you wish to complete our online finance application today, you must find out your car's book value first. You can do this by searching the car on several sites to get the average price.

Fix small things

Fix the small faulty issues in the car, such as broken or missing lights. Fixing small things can help to improve how the car looks and might ultimately increase its perceived value.

Pay attention to detail

Small details such as dents, scratches, and dings can greatly affect the value of your automobile. Before you complete our online finance application today, try to fix the dented or scratched areas. Thoroughly cleaning and waxing the car can also improve its value.

Provide service documentation

One of the easiest ways to improve the value is to provide service documentation to show that you took great care of your car.

Be mindful of your mileage and use

In most cases, the lower the mileage covered by a car, the higher its value. As such, be sure to drive your car less in case you are planning to trade it off in the future.

Ready to Trade-in and Upgrade to Something New?

Are you looking to acquire a new car by trading in your old car? If yes, complete our trade-in form to get an estimate on your vehicle's current market value. Contact us to schedule a test drive too.