What Factors Affect Your Car’s Trade-In Value?

When you buy your next vehicle, you may want to include your car trade-in value as part of your financing package. Trading in your old automobile can lower your upfront expenses and monthly payments—but how do you get the most money for it? The team at Bakersfield Mazda have put together this list of factors.

Mileage and Age

One of the first things dealerships look at in determining a car trade-in offer is the odometer and the vehicle’s model year. Newer and lower-mileage cars are usually more valuable than older models that’ve been driven a lot. The good news is that Mazda models are built to last, so if you already own one, you’ll still be able to get great value.

Accident History

Accidents automatically lower a car’s trade-in value. However, if you used OEM components and certified technicians for the repairs, you’ll still get a generous offer for your trade-in. Aftermarket parts are lower quality than genuine components, so if you tried to save money during a post-accident repair, you may feel the effects when you trade your car in.

Interior and Exterior Amenities

Any options or packages you added on when you bought your old model can also increase your car trade-in offer. Features like leather surfaces, a moonroof, and wireless device charging likely mean that you’re going to get more when you trade it in. Keep in mind, though, that any damage to the interior or exterior will lessen the car’s value.

Value Your Car Trade-In at Bakersfield MAZDA

We know that your car trade-in value can work wonders for your next financing package. Visit our Bakersfield, CA, Mazda dealership for an appraisal. We’ll give you a great offer and send you home with your next set of wheels!