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The first thing to do when it comes time to buy a new vehicle is to figure out what you will do with your current one. For most customers, it makes sense to trade it in because then you can apply the cash or value to your new vehicle. Fortunately, when you choose to trade-in your current vehicle with Kelley Blue Book (KBB) through Jordan Ford, the process is simple and convenient.
Fill Out Your Information
Once you have decided that you are ready to trade-in your vehicle with KBB or Jordan Ford, it can be helpful to compile all of your information. To obtain a trade-in value, you will need your license plate or VIN number. You can find your VIN number either on the inside of your vehicle door or on your registration form. If you’re just curious about your vehicle’s value, it is also possible to obtain a value using only the make and model of your vehicle.
However, when you include the other details, you can get a more accurate value, based on a previous vehicle history report.
Report the Condition of Your Vehicle
Once KBB is able to locate your vehicle, they will ask you a series of questions about it. These questions will include both the condition of the vehicle and what additional features are equipped. They might ask if you have any aftermarket parts or a security system. These features help KBB determine how much they can get for the vehicle, which will directly affect the value they offer.
KBB determines this value by considering similar vehicles with similar features and how much they have recently sold for. They will also consider current supply and demand, which is why the trade-in value can vary from week to week. Location can also affect the resale and trade-in value of the vehicle.
Consider Your Trade-In Offer
KBB provides a trade-in offer almost instantly. If you are satisfied with the offer, you can set up an appointment with a representative at Jordan Ford. If you’re not satisfied with the offer or you believe that it is inaccurate, we still welcome you to come visit us. The instant cash offer is good for three days and does not count Sundays. If you wait too long, you will have to request a new trade-in value and it is possible that you could receive a reduced offer.
Bring Your Car In and Sign the Paperwork
Once we have come to an agreement, you can bring your vehicle right into Jordan Ford. We’ll have you sign some paperwork and determine how you want to be paid. We can deposit the funds into your account or give you a paper check. Of course, you can also apply the trade-in value to the purchase of a new vehicle. The great thing is that the entire process is free and there is no obligation to go through with it!
Jordan Ford uses Kelley Blue Book to provide its customers with a fair trade-in value. We’re ready to help walk you through the process or answer any trade-in questions that you might have.
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