Trading in a Car
A Chevy trade-in can be a great asset when you decide to buy a new car. We’re outlining the quick and streamlined trade-in process at Carlen Chevrolet so you can see just how easy it is.
The Perks of Trading in Your Vehicle
One of the biggest perks of trading in your vehicle, rather than trying to sell it on your own, is the convenience. You save so much time by avoiding cleaning and photographing your car, making “for sale” listings, and answering dozens of queries about your car. Plus, there’s no wondering when your vehicle will sell. We’re ready to buy it as soon as you bring it in!
Tax Benefits of a Trade-in
There are also tax benefits to trading in your vehicle in Tennessee. The state of Tennessee doesn’t apply sales tax to your trade-in, so the value of your trade-in will be deducted from the total cost of your new purchase and then your sales tax will be calculated from the remaining cost due. Keep in mind, this tax benefit doesn’t apply with a regular down payment; it must be a trade-in.
Do I Have to Have a Trade-in?
While a trade-in (or down payment) isn’t required when purchasing a new vehicle, it can be a valuable asset. When considering Chevy financing, a trade-in or down payment reduces the amount you have to finance overall, which also reduces the interest you owe. We encourage you to utilize a Chevy payment calculator to see just how much your monthly payment will be affected.
What’s My Vehicle Worth?
You can quickly get an estimate of your trade-in value by filling out our online form or stopping by the dealership. We look at the current value of your vehicle’s year, make, model, and trim level. We also take into account your vehicle’s mileage and its condition.
What Do You Need to Bring?
When it’s time to trade in your vehicle, make sure to have the appropriate items:
- Your title and registration
- Any existing lien paperwork
- All sets of car keys
- Your owner’s manual
- The online cash offer you received (if applicable)
Trade in Your Vehicle Today
Ready to sell us your vehicle? Visit our Chevy dealership in Cookeville, TN to trade in your vehicle and upgrade to a new Chevrolet truck, SUV, or car today!