How to maximize your trade in value on your vehicle.

Aug. 7, 2010 - PRLog -- If you have visited a dealership recently you maybe able to relate to this topic, when you are looking to purchase a new vehicle, you will likely have to trade in your old car for credit towards the new one. Whether you are looking to leave a down payment or just to reduce the purchase price, you want to maximize the trade in value as much as possible. One of the smallest things you can do to your vehicle is to clean it up, get a detail done on the car. Regardless what the sales person is telling you, a clean car leaves a better impression with the used car manager, and will likely to get more value compare to a dirty one. If you have minor scratches on your vehicle, just clean up the interior, and leave the exterior alone that way they are not so noticeable. Don't lie to the dealership regarding past accident history, be upfront and honest because the used car manager will pick out the paint job on your vehicle, and will lower the trade in value just because he doesn't know what else you lied about. Don't lie about the obvious, it will come back and bite you on the rear. If your vehicle has any mechanical defects, you don't have to mention them during the appraisal process, since the used car manager will only take your vehicle for a short period of time; it is likely they will not notice the small mechanical defects during their test drive.

If your vehicle has body damage, it is always better to get your trade in value near the end of the day. Let's face it; it is difficult to catch all the body damage on the vehicle especially in the dark. You can shop your trade in value just like you can with the sticker price, but remember the used car managers will contact his wholesalers to get the trade in value for your car; there is usually a 5% margin in price discrepancy between the quotes. You can push your trade in value slightly when you are ready to make a purchase; don't bargain with the sales person before you are ready, because you don't have much negotiation power if you are not ready to take the plunge. Whatever the brand name you are driving, you will usually get a higher trade in value with the same manufacture. The reason behind this is quite simple, only your own manufacture will know your car best and they will most likely willing to take a chance with your trade. Where other brands will shy away because it is too risky for them.

If you are trying to switch a brand for example from Toyota to Honda, you should go to your Honda dealership first to get an appraisal done. And using Toyota's appraisal value to bargain with your Honda dealer. Typically speaking a dealership will be willing to offer you up to $500 for any trade as long as there is a deal on the table for the dealer. So remember the most important thing you can do is to clean up your vehicle before walking into your dealership, and you will be pleasantly surprised just how much more valuable your vehicle maybe.  Thank you for reading this article it is brought to you by Used Mazda Toronto, your quality used vehicle dealer in Scarborough area, to visit us online please go to http://www.usedmazdatoronto.ca

Used Mazda Toronto is Toronto's leading quality used car dealership, we have all makes and models including late model Mazda Protege, Mazda 3, Mazda MPV, Tributes and more, you can find our latest inventory online at http://www.usedmazdatoronto.ca

# # #

Used Mazda Toronto is part of the Benchmark Automotive Group, we offer quality used Japanese cars at affordable prices. We also offer bad credit, no credit car loans, visit us online at http://www.usedmazdatoronto.ca