Frequent question: Can you trade in a car if it’s damaged?

Because body repairs are expensive, trading in a damaged car won’t be kind on your trade value. But if your car has been deemed salvage or is an insurance write-off, you might not be able to trade it in. Dealerships don’t really want to trade in a junk car because there’s no one that wants to buy it from them!

Is it better to fix a car before trade in?

The better the condition of your old car, the better its private party sale and trade-in values, obviously. … Major repair work is best left to the pros—they can do the work for less money, and they won’t add the cost you paid for repairs to the trade-in value. Small fixes, however, are worth the effort.

Can you trade a car with body damage?

In many cases, yes! In fact, your trade value might be higher if you trade your car in with the body damage unrepaired. Not only can the dealer see the problem as it is, but they can also profit from doing the repairs themselves.

IMPORTANT:  Question: What happens if car battery is low on water?

Does a wrecked car have trade in value?

Typically, accidents do lower a car’s trade-in value, even if the car was repaired following the accident.

What do they check when you trade in a car?

The appraiser will drive your car

He will check the odometer’s operation, engine idle, acceleration, brakes, alignment, and the overall handling of your car. Most test drives last 3 to 5 miles or at least one click of the odometer.

How do I sell my car with body damage?

How to Sell a Damaged Car

  1. Assess the damage on the car. …
  2. Contact a junk yard. …
  3. Make a list of all of the repairs that need to be made to the car and take pictures of all of the items on the list. …
  4. Set a price on the vehicle while keeping in mind the cost of repairs.

What is considered a rough trade in?

Rough trade-in: Rough Trade-In values reflect a vehicle in rough condition, meaning a vehicle with significant mechanical defects requiring repairs in order to restore reasonable running condition.

Do dealerships fix body damage?

Do Dealerships Do Body Work? Most dealerships do bodywork for the makes and models that they sell. … Many dealerships are under a lot of pressure to complete bodywork quickly. With dealerships, service fees and repair work are often tied to how long the department calculates it will take to repair a vehicle.

Do dealerships take cars that have been in accidents?

Unfortunately, even if your vehicle was repaired to its original state after an accident, its trade in value is likely to decrease. … Many buyers do not feel comfortable purchasing a vehicle that has been in an accident, so the dealer will adjust price to resell the vehicle.

IMPORTANT:  How long does it take for a car battery to dry?

What should you not say to a car salesman?

10 Things You Should Never Say to a Car Salesman

  • “I really love this car” …
  • “I don’t know that much about cars” …
  • “My trade-in is outside” …
  • “I don’t want to get taken to the cleaners” …
  • “My credit isn’t that good” …
  • “I’m paying cash” …
  • “I need to buy a car today” …
  • “I need a monthly payment under $350”

What do car dealers do with old trade ins?

They auction them off usually to used car dealerships. There is usually a tech that handles all the trade ins and determines the cost to repair and the manager or whoever is in charge will determine if it’s profitable to fix and sell or sell it as is in auction. They send them off to the auctions!

How does trading in a car affect your credit score?

Your car loan doesn’t disappear if you trade in your car. However, the trade-in value of your car becomes credit towards your loan. This credit might cover the whole balance. If it doesn’t, your dealer will roll over your loan, combining the deficit with the amount owing on your new car.