Ewald Chrysler Jeep Dodge Ram of Oconomowoc

Trade In My Car

a

Trade In My Car


When you’re looking for a new set of wheels, you might not know where to get rid of your used car near Milwaukee. You have two options: selling it or trading in your car. The trade-in process generally involves going to a Milwaukee used car dealership, getting an estimate, and closing the deal. A key advantage of trading in your car is that it could need less work on your end.


Where can you trade in your car? At Ewald CJDR in Oconomowoc of course! We are a locally owned Milwaukee used car dealership dedicated to getting you top dollar for your trade in. Then, our sales team will help you choose your next car from our inventory!


Let’s take a look at how to trade in your car at Ewald CJDR in Oconomowoc below.


How Does Trading In A Car Work?


Trading in your car means selling your current car, truck, or SUV to our Milwaukee used car dealership. Then, your car trade in value is deducted from the new or used car near Milwaukee that you want to buy.


Is It Worth It To Trade In A Car


It can be challenging to part with your car. But, there comes a time when it needs to be replaced. One of the easiest ways to replace it is trading in your car. Below are some advantages if you do so:


  • Quick And Easy. You have to come to our Milwaukee used car dealership and tell a sales team member that you want to trade in your car. They will take care of everything. And, the whole process will only take a few hours!

  • One Transaction. Ewald CJDR in Oconomowoc can be your one-stop shop for finding your next car, securing a car loan, and trading in your current car. You won’t have to run all over the Milwaukee area to complete every part of the transaction.

  • Pay Off Your Loan. You can trade in a car, even if you still owe money on your car loan. We will pay off the remaining loan balance. Then, we will use any more car trade in value towards a down payment on your next car.

  • Ewald Takes Care of Paperwork. Selling your car requires a lot of paperwork. But you don’t have to worry about that when you sell to Ewald CJDR in Oconomowoc. Our buyers will take care of everything for you.

  • Save On Sales Tax. Your car trade in value is deducted from the new car’s price. Then, you only have to pay sales tax on the remaining balance. So, if we value your trade in at $12,000 and your new car’s value is $20,000, you will only have to pay the sales tax on the remaining $8,000.


Can You Trade In A Financed car


Yes, you can trade in a financed car at Ewald CJDR in Oconomowoc. You will receive your car trade in value, and you can put it all towards your loan balance if you like. Or you can rollover your remaining loan balance into your next car’s financing. But you should know that trading in your used car near Milwaukee won’t make your old loan disappear. 


Can You Trade In A Leased Car


Yes, you can trade in a leased car. But, there is only one situation where it leaves our customers with a better outlook. If your car trade in value is significantly higher than the buyout cost of your lease. You can calculate that using our car value estimator. Input the car’s make, model, and year into the car value estimator, and you can see how much it is worth. The best chance to value your trade in for more includes:


  • Significantly lower mileage than lease allows

  • High demand for car

  • No damage was incurred throughout the lease


If you have these three things, you could trade in your leased car, pay off your contract, and use the remaining balance towards your next car. Be sure to check with your leasing company to ensure that selling or trading in your lease is not prohibited.


Trade In Your Car At Ewald CJDR in Oconomowoc


Trading in your car is an efficient way to replace your car. Reach out to our experts at Ewald CJDR in Oconomowoc today to get started. We are ready to help you trade in your car!