At Whiteoak Ford, we can turn your current vehicle into quick cash or help you upgrade to a new or new-to-you vehicle from our inventory. No matter what make or model you own, we will offer the best-market value for your current vehicle. Trade in for a newer vehicle, or get yourself some cash, by visiting us in Mississauga, ON, and starting the process!
These three simple steps is all it takes to both sell or trade in your current vehicle with our team at Whiteoak Ford:
When your vehicle’s model year is younger, the trade-in value is often higher. There are exceptions to this, such as when you own a vehicle that is discontinued or has a feature that is popular but no longer offered, as then the model year being older is an advantage.
Makes and models all have different starting values, which means their trade-in values are also different. Certain makes and models are also more resilient than others, which makes their trade-in value higher as they’re seen as more sturdy options.
Maintaining your vehicle with regular maintenance work and keeping all parts in working order greatly affects the overall trade-in value of your vehicle. The less wear and tear your vehicle has, the more that is offered, as the buyer doesn’t then have to put in extra funds to repair it.
With different trim levels offering different features, they also affect the overall trade-in value of your vehicle. For instance, having the highest-tier trim level offered on your vehicle will usually fetch a higher trade-in value than having the base-tier trim level would.
Adding accessories or available features to your current vehicle will also raise the trade-in value, as these are not typically included in the vehicle and are typically more desired because of it.
How many kilometres on your odometer affects the trade-in value of your vehicle. This is because it’s a clear indicator of how much wear and tear the vehicle has undergone, and certain maintenance work will be expected at certain distances.
Yes, you can! The trade-in value can be used to pay off the remaining loan balance, and if the value exceeds your loan balance, you have extra to put towards your next vehicle purchase.
The trade-in value is affected by the factors listed above (age, make and model, condition, trim level, add-ons, and odometer). The current state of your vehicle will also affect the amount we offer, as any additional maintenance work that’s required can potentially lower the offered amount.
Of course you can! Our initial offer serves as a starting point, and we always leave room for negotiations, especially if you have proof that the vehicle might be worth more if you sell it somewhere else.
At Whiteoak Ford, our team can help you both sell or trade in your current vehicle if you’re planning to take the funds and put them towards a new or new-to-you vehicle from our inventory. To get started, you can either reach out to us or drop by and see us in Mississauga, ON, and if you’d like a rough trade-in estimate, fill out the secure form below!
