How Does Trade In Value Work?

So, you’re thinking about trading in your car. In other words, you’re making the smart choice! By trading in your car, you can pay less upfront for your new car. Maybe you won’t even have to finance your new car. Plus, under Wisconsin’s sales tax laws, you are saving money by not paying sales tax on the amount deducted by trading in your car. 

But you still have a few questions. Of course you do, it’s all a bit confusing. What is the trade in value of your car? How are used car values determined? Is the Kelley Blue Book or KBB trade in value the most accurate? Can you trust dealers to accurately determine trade in value? At Ewald Auto, we are ready to answer your questions! We are a Waukesha used car dealership that focuses on ease and transparency throughout the process.

For that reason, we use MaxAllowance Cash Offers and live market pricing to price our vehicles. We use it because it's even more accurate than KBB trade in value! More accurate than Kelley Blue Book? Sounds impossible, but it's not. But how? Well, here’s how:

• KBB trade in value can be skewed because it lists wholesale values. As a dealer, we have access to National Auto Research’s Black Book or the Manheim Market Report. These are specialized to the industry and not available to the public.
• So, how does MaxAllowance work? First, you fill out a form and send us pictures and videos when you want to trade your car. Factors like mileage, condition, options and add-ons, and make and model will help determine your price.
• Our live market pricing system takes many factors into account when determining your trade in value. It scans thousands of sites every hour, looking at online prices, auction prices, and our current inventory needs. 
• Then, our experts determine the MaxAllowance cash offer we can give you based on real-time prices. We don’t inflate our prices or try to swindle you like some other dealers! You can accept the offer or counter it with another.
• Once all the trade in value determination is over, it’s the fun part! You get to bring your old car in and leave with a shiny new toy. Who said grown ups can’t play with toys?

So if you have a used car in Waukesha that you want to trade in, come on down! We promise to give you an accurate trade in value with MaxAllowance and live market pricing. We also promise to make everything as stress-free as possible, from beginning to end!