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Buying a new or nearly-new vehicle is a big decision, especially as you're likely to own the car for several years. Research can help you find the best vehicle for your needs and decide which features would enhance its usability and comfort. It's also important to decide whether you should trade in your current car or sell it privately. At Huffines Hyundai Plano, we make the trade-in process simple, from valuation to completion, and help it benefit your new purchase.

How To Trade Your Car at Huffines Hyundai Plano

Value Your Car Online

It couldn't be easier to trade in your car at Huffines Hyundai Plano. You can get a valuation from the comfort of your own home without even having to bring the car in. All you have to do is visit our Value a Trade page. In a series of connected drop boxes, choose your vehicle's age, make, model, trim, engine, transmission, drivetrain, mileage, and zip code. Then click "Next."

On the next page, you select your car's features, its color, and its condition. We provide condition definitions, so you can give an accurate assessment and get a more realistic valuation. When you click "Next," you'll receive a trade-in value based on Kelley Blue Book valuations. As long as your vehicle's condition doesn't change, the value is valid for seven days.

Complete Your Trade at the Dealership

When you're ready to trade in your car, bring it to us, along with the valuation, so that we can verify the value. To complete the trade, you need to give us the vehicle title and registration, service and repair records, manuals, and all keys. The trade-in credit will then be offset against the price of your new Hyundai or quality pre-owned vehicle.

That's how simple the trade-in process is at Huffines Hyundai Plano. Of course, you could choose to sell your car privately. While you might get a better price, you will find it a much longer and more inconvenient process, and you could end up losing money.

Disadvantages of Selling a Vehicle Privately 

You might think that it's easy to sell a car privately in Plano, Garland, Richardson, Carrollton, or other areas of northeast Texas but it's more complicated than many drivers realize. Let's look at the steps involved in a private sale.

Preparing Your Car for Sale

To get the best price for your car, it's important to prepare it for sale before advertising. You may want to improve the exterior with bodywork or have mechanical problems repaired. At a minimum, you'll want to get the car cleaned and detailed so it looks its best. Take some high-quality images of it from various angles. Research the value of your car and check the comparable sale prices of similar vehicles in the Plano area. Pay to get a Carfax report, so a potential buyer can view the car's history. Finally, list the vehicle on several online sales sites.

Dealing With Potential Buyers

It's important to then carefully monitor whatever contact information you provided, so you can promptly answer phone calls and respond to messages. You'll need to schedule appointments for people to see the car. Before you allow someone to test drive the car, you must ensure they have the appropriate insurance coverage. While showing the car, you'll probably encounter many casual shoppers before you find a serious buyer. You also may need to be flexible on your price, as everyone's looking for a bargain.

Finalizing the Sale of Your Car

Once you've finally shaken hands on the sale of your car, you need to request payment from the buyer in cash or by cashier's check. You have to fill out the title and get a copy of the buyer's driver's license. Then you must make sure the new owner registers the vehicle in their name immediately. Don't be surprised if you get a call from the buyer if something goes wrong with the vehicle soon afterward. Compared to this difficult and time-consuming process, trading your car at Huffines Hyundai Plano is a breeze.

How You Could Benefit from Trade-In Compared to Leasing

Depending on your circumstances, leasing can be a great way to get behind the wheel of a new car. It can provide a smaller down payment and lower monthly payments than if you buy a new vehicle. However, it's not right for everybody. If you'd rather own your car, accrue value for your next trade-in, and avoid the hassle of renewing leases, you may want to consider buying instead of leasing.

The Benefit of Trading Your Car

If you're thinking about leasing a new car off our Plano lot and selling your current car, why not consider using your trade-in as a down payment for buying a new vehicle instead? When you've chosen your new car from Huffines Hyundai Plano, we will immediately apply the value of your trade-in to your new purchase. 

Depending on the value of your car, you may also be able to reduce the monthly payments of the finance deal for your new car. Once you've paid off the auto loan, you'll own your vehicle outright. Our professional financing department experts can advise you on the best finance deal to suit your requirements.

Get a Great Price for Your Trade-In from Huffines Hyundai Plano 

The used car market is very buoyant, and it's important to us at Huffines Hyundai Plano to have a large and varied inventory of high-quality pre-owned vehicles. Because of this, we strive to offer you the best possible price for your trade-in. And, as the process of buying your new car and trading your old one is completed in one smooth transaction in the same location, it's far more convenient for you.

At Huffines Hyundai Plano, we make the trade-in process easy so you can take advantage of our extensive inventory of new and pre-owned cars, trucks, and SUVs. If you're still unsure about trading your car, visit our conveniently located dealership, where our helpful and friendly sales team is on hand to answer your questions and guide you through the process. Alternatively, phone us or contact the General Manager directly through the website. We're standing by to get you behind the wheel of your dream car.