Is a Trade-In a Down Payment?


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Is a Trade-In a Down Payment?

Are you ready to move on from your current car? Many car owners are ready to sell but don't know how to get started. The first step is to find a reliable dealership. This is where the Ewald Automotive Group comes in. Ewald has earned an outstanding reputation in the community thanks to 40 years of dedicated service. We have more than one dealership in Wisconsin, allowing customers to choose the closest option. Customers visiting our Milwaukee used car dealership can find everything they need to trade cars.

Making a down payment on your next car can be tough. This is where a trade-in makes it easier. Your current used car's value can act as a down payment, helping local drivers secure the car they need. Trade-in down payments is an excellent choice when your life needs something different. For example, you could own a car, but you are about to start a family. It could be time to trade in your car for an SUV or a minivan. Beyond families, businesses can also take advantage of a trade-in. Your current truck might no longer suit the job. You can trade it in for a job-appropriate model at Ewald Automotive!

Do you need help valuing your car? Customers need to know if the trade-in is worth it. Our Milwaukee used car dealership can help customers find and maximize their car's trade in value. Unfamiliar customers can review the bulleted steps below for more information! 

  1. Clean, maintain, and repair! Maximizing your used car's value starts by cleaning, maintaining, and repairing it. Nobody wants to pay top-dollar for a malfunctioning model. Car owners who care for their vehicles are sure to get the best value.

  2. Get your paperwork. Getting the best value on a trade requires the proper paperwork. Of course, customers will need to bring their vehicle title and registration to the dealership when they want to complete the trade. However, a strong vehicle maintenance history can also help customers get great value.

  3. Get an instant quote. Customers can get an instant quote on their Milwaukee used car. We make it easy to get an instant quote on our website. Customers need to fill out a ticket, photograph their vehicle, and describe the car's condition. This information will help our team determine your car's trade-in value.

  4. Research market value. Before trading in your car, it is important to research market value. Customers can review the instant quote provided and search for a competitive deal on the used car market. This research is critical during negotiations.

  5. Decide between cash or trade-in credit. How do you want to use your used car value? Customers can decide between cash or trade-in credit. Using your current car as a trade-in down payment is a smart way to buy something more exciting.

Customers can browse our Milwaukee used car dealership when they are ready to trade in their car. We have a diverse inventory of trade-in options that will make it easy to find something you love. Remember, if you want to trade in your car, the used car's value can be an excellent down payment!


 

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