Trading in Your Car: Tips to Avoid Severe Depreciation

If you're in the market for a new car, more than likely you intend to bring in your current ride as a trade-in and hopefully knock a good percentage off the total cost. This is perhaps the most common procedure for car shoppers in terms of funding a new automobile - some believe they may receive a good price on a trade-in as opposed to selling their car outright and using the cash toward a down payment. Dealerships, especially in fluctuating economies, are more likely to give you a break if they know you definitely plan to drive away in a new or pre-owned car. It's important, therefore, to make sure what you bring to the table is in as excellent a condition as possible.

When it comes to depreciation, the common belief is that the initial value of the car drops by as much as forty percent in the first year you own it. If you keep your car for ten years, value could plateau at around 60-70%. If you're worried that you won't be able to afford a new car without a decent trade-in on your current vehicle, it's important to make sure you bring in car the dealer believes can be resold to the dealership's benefit.

Maintain you current car with the best of care. That means regular oil changes and check-ups on filters and the engine. Don't treat your car like a landfill - make sure it's always clean and vacuum at least once a month. Keep the tires balanced and check the air periodically - when tires are low it can put a strain on the car. You want to make sure nothing effects your car negatively.

Above all else, drive carefully. Even with the best of cars, things like brakes and lights do wear out. However, the care you show for your car will show when you trade it in. The better you treat your car, the better the trade-in value.

For Sale: 2004 Mercedes-Benz CLK500C Coupe

A Mercedes for under fifteen grand! It's true, when you shop for your next Virginia Beach car at Select Import Motors. This like-new C-class Benz rides as smooth as it looks. Must be seen up front to appreciate, and if you wait we can guarantee it won't be here when you do decide to visit us. If you have dreamed of owning a Mercedes, do not wait. Come see us or call (888) 418-7863.

For Sale: 1999 Ford Mustang Coupe

Sleek and sexy. If you've dreamed of a wild ride that turns heads everywhere you go, this is the car. This coupe comes with so much potential, and makes a great car for weekend getaways or daily tooling around town.

Come in and visit our Virginia Beach used car lot for a test drive, because this won't stay!

For Sale: 2008 Nissan MAXIMA SL Sedan

Looking for something sporty and not too expensive? This beautiful 2008 Maxima sedan has a power moonroof that's perfect for summer drives along US 17. In colder months, like the ones we've suffered lately, there are heated seats and a heated steering wheel to keep you cozy.

Come see us on Virginia Beach Boulevard near Town Center for this and other Virginia Beach used cars.

For Sale: 2010 Cadillac CTS Sedan

Select Import Motors is your home for the best used cars in Virginia Beach. If you're looking for a showroom quality pre-owned Cadillac, you won't do better than this 2010 sedan. Woodgrain package, satellite radio, heated leather seats and rear defogger are just a few of the features of this beautiful ride.

Call us today at (888) 418-7863 to learn more about this and other used cars for sale at Select Import Motors.