Know the Value of Your Car Before Visiting a Dealership in New Lenox

by | Nov 11, 2020 | Automotive Services

Before you visit a dealer to trade in your old vehicle and purchase a new one, make sure you know the trade-in value of your old vehicle. The condition of your vehicle, its age, its mileage, and the equipment it carries all play a role in its trade-in value. Use online tools to see how much your vehicle is worth. Make sure that you are realistic when assessing its value.

Before you have your heart set on a specific vehicle at a Volkswagen dealer in New Lenox, you may want to visit several dealerships in order to see what they offer for your vehicle. One of the things that you should be aware of is sales tax liability. While there is no rule that you have to sell a vehicle to the dealership where you purchase a new vehicle, doing so may be helpful when it comes to sales tax.

It is important to keep transactions separate when you visit a Volkswagen dealer in New Lenox in order to trade in an old vehicle and purchase a new one. Salespeople will try to merge the value of your trade-in, the cost of financing, the price of the vehicle you want to purchase, and your down payment. This can make the numbers confusing. Also, it will have an effect on your monthly payment. Try to keep each transaction separate and focus on the price of the new vehicle.

See the new and certified preowned vehicles offered at Hawk Volkswagen by visiting their website.

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