How to Trade In a Car

Tiny car with coins and finance paperwork

Trading in a car doesn’t have to be needlessly complicated, even if your current car has an outstanding loan. In fact, here at Toyota of Downtown LA, our finance pros try to make the process as simple and straightforward as is humanly possible. Why? We know that when it comes to buying or leasing a new vehicle, things can get tricky. We want to help you cut through the noise, making the entire process of driving home a happier and more enjoyable one. So, with that in mind, let’s learn how you can trade in your car!

Get Your Trade-In Car Value

First thing’s first when you want to trade in your car to a dealership near Mission Hills like ours. You’ll want to utilize any online tools available to you so you can complete more of the process at home. At Toyota of Downtown LA, we offer you a convenient online trade in valuation tool. How do you access it? Easy:

  1. Make your way to our homepage (or any of our webpages).
  2. Locate the top navigation bar (in it, you’ll see “New Vehicles”, “Used Vehicles”, “Finance”, and more).
  3. Hover over, but don’t click “Finance”.
  4. Locate the “Value Your Trade” option. Click that.
  5. Input your information & wait to hear back with a trade-in estimate for your vehicle!

When inputting your information, you’ll simply want to enter values such as your car’s year, make, and model, along with your name, email, and phone number. If you would like to do more research, there are plenty of other online tools available from resources like Kelley Blue Book® Value and Edmunds True Market Value®

Get an Appraisal

Getting a trade-in value is just one step in learning how to trade in your car. After an estimate, you’ll need to actually get an appraised value, which will lead to a firm offer. To get an appraisal, simply visit the Toyota of Downtown LA service center! You may also wish to contact our service team online or call 833-315-3922 in advance to schedule an appraisal appointment to avoid waiting around needlessly for customer service. 

Negotiate or Accept a Trade-In Offer

Once you’ve got the appraisal process well and done, you can choose to either negotiate or accept our trade-in offer outright and close the deal. It’s really that easy! 

If you do, in fact, choose to accept the offer, you can finalize your trade for cash or apply the car’s value against your next auto loan.

Learn More About Car Trade-Ins at Toyota of Downtown LA

Ready to learn more about how to trade in a car, or any other finance related topics, for that matter? Give us a call at 213-986-2011 or check out our car buying tips hub. We here at Toyota of Downtown LA want to help make the car buying experience better!


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