Are you thinking about moving on to your next set of wheels? If you're trying to decide whether or not it's better to sell your current vehicle on your own or trade it in to a dealer, Kerry Toyota is here to assist you.
Benefits of Trading in Your Vehicle
Trading Saves Time
If you decide to sell your ride on your own, you will have to go through the process of advertising that it's for sale, showing it to a series of prospective buyers, and waiting for someone to make an offer.
Not only does trading it into a dealer mean that you don't have to do any of that, everything can be finished in a single visit. No more trips to banks and finding a Notary to help you sell your vehicle. We will provide you with all the documentation needed and transfer the title out of your name to assist you.
Your Could Get a Tax Credit
In a lot of states, it's possible to have the value of your trade-in deducted from the purchase price of your new Toyota. This is made possible by the fact that you would only have to pay sales tax on the difference between the two. This would not be the case, if you were to sell it on your own. You also qualify even if you still owe money on your trade vehicle.
Qualifying Surrounding States
- Kentucky
- Ohio
- Indiana
You Don't Need to Have it Detailed
When selling to a private party, you will be expected to have the model thoroughly cleaned and detailed in order to make the best possible impression.
This will not be necessary when going through a dealership as this will all be taken care of by us. We don't mind if your vehicle is dirty, we have people that need to do this to all cars prior to reselling them.
There's a Better Chance for a Fair Price
Going through a dealer means that you'll have a significant opportunity to get the best possible offer for your ride, due to the fact that the offer you receive will be based on industry pricing for what it is currently worth in our market area. Offers that you receive from a private party aren't based on the trade-in value and could be considerably lower than what you're expecting.
Don't forget the benefits of the tax credit in our local area. This can account for hundreds to thousands of dollars making trading your vehicle more valuable.
There Are More Financing Options at Your Disposal
When you visit a dealer, you'll find that you have several options to choose from when it comes to financing. Our experienced Finance Team is able to work with many lenders getting you the best rates that you qualify for.
This is not necessarily the case, if you were taking a loan out on your own. You may need to shop around from bank to bank having your credit pulled, which hurts your rating.
On top of that, you would have a lot less to pay back, if you had a trade-in.
We Can Get Started Whenever You're Ready
In the event that you have any questions regarding the information that we have just provided for you, you're welcome to reach out to Kerry Toyota via phone call or email. We'll get those answered for you right away.
Now that you are more familiar with some of the advantages that come with trading your vehicle, we would like to invite you to go through the process with our supportive team. We are all about assisting our neighbors throughout Northern KY, Florence, Union, Walton, Hebron, and also our close friends in Cincinnati and Indiana in any way we can.
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Kerry Toyota
6050 Hopeful Church Road
Florence, KY 41042
- Sales: (859) 371-3939
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