Monday, June 21, 2021

Car Trade-In FAQs: Learn the Ins and Outs of a Vehicle Trade


A car trade-in near Sherman Oaks, CA is a fast and convenient way to part with your current vehicle while buying a new one. You save so much time and hassle by not having to place your old car in ads and wait for potential buyers to respond. Naturally, you might have some questions about how the process works. We answer the questions we most commonly receive.

How Much Can I Get for Trading My Car?

At Keyes Honda, we buy your car according to Edmund’s True Market Value®. This mainly takes into account the vehicle’s model, year, and trim. However, one of our mechanics will also perform an in-person inspection of the vehicle. Existing problems our mechanic identifies may lower the overall value. You can use our instant and free appraisal tool or contact our finance department to get an estimated value before visiting our dealership.

What Documents do I Need to Bring?

Bring all documentation pertaining to your vehicle. This includes:

  • Car title
  • Registration
  • Payoff letter for the title if there is a secured party
  • Car servicing records (not required but recommended)

What Can I Do to Maximize My Car’s Value?

We recommend a trip to an auto shop for a pre-selling inspection. Address all issues the mechanic discovers. Also, be sure to address all cosmetic issues, such as dents, paint oxidation, and upholstery damage. If you don’t plan on trading in your car at the moment but plan to do so in the future, then begin following all maintenance guidelines and retain all receipts of repairs and tune-ups.

Planning on trading in your car for a new vehicle purchase or lease? Part with your current car and acquire a new model like the Honda HR-V – all in a single visit.


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