When it’s time to purchase a new vehicle, you’ll have a few decisions to make. One of those decisions is what you’ll be doing with your current vehicle. Are you going to trade it in, or are you going to sell it privately? There are definite pros and cons to both options. One will get you more money, and one is far more convenient. Let’s weigh some of the advantages and disadvantages to see which option will play out better for you and your situation.
First, let’s take a look at some of the advantages of trading in your vehicle at the dealership. If you were to trade in your car, you’d absolutely save on the stress and hassle. You won’t have to deal with anything other than signing it over to the dealer. If you were to visit John Eagle Honda and told them that you’re interested in trading in your vehicle, they’d give you an estimate before you would have to sign any paperwork.
Another benefit is that you’ll probably lower the taxable sales price on your vehicle. For most states, when you trade in your vehicle, you’ll see that the sales tax is based on the difference between the price of the car and the trade-in value. This will save you money, right up front.
We still have several areas to discuss before we can conclude this series, so stick around until the next article. Until then, you can start searching for your next vehicle at John Eagle Honda, the new Honda dealer in Houston. This dealership has so many great new and used Honda vehicles available in their inventory. The team at John Eagle Honda will help you find a vehicle that fits your needs as best they can.