If you want a new vehicle but don't want to go through the process of selling yours, you may initiate a trade-in with your local dealership. There are many advantages to trading in your vehicle, including tax advantages in the state of Maryland. Below, you can discover all the benefits of trading in your vehicle and why you should choose Koons White Marsh Chevrolet as the dealership to facilitate your vehicle trade.

Our Sales Team Provides Transparent Quotes

When you try selling your car or facilitating a trade yourself, you may not get the best possible deal. Third-party buyers may not offer a price that reflects your vehicle's true value, leaving you with significantly less than what your car is worth. Here at Koons White Marsh Chevrolet, we work to get you the best deal possible. We inspect your car and provide you with a cash offer based on facts like your car's condition and mileage.

We consider current market conditions to ensure we offer you a fair deal. Our friendly staff is always willing to explain where we get the numbers from so that you understand the deal we present to you. All our team members live and work in White Marsh just like you, so we're in the business of making our neighbors proud.

We Handle All Aspects of the Trade-In Process

Our dealership handles all aspects of the trade-in process so that you can focus on getting and driving your new vehicle. For example, we'll detail your vehicle when you bring it in, so you don't have to worry about vacuuming it, touching up the exterior paint, or finely dusting each crevice. Just bring it in as-is and we'll take care of the rest. You can also dedicate the money you'd spend detailing your old car toward making a down payment on your new Chevy vehicle.

When you come to us, you can get a good deal even if your vehicle needs repairs. We have plenty of skilled technicians who can make the necessary repairs, and our comprehensive parts department supplies us with the necessary components. Vehicles with mechanical issues don't scare us away like they would private buyers.

Another major benefit of trading in your vehicle with us is that we'll take care of the advertising to ensure it sells. You don't have to worry about providing high-quality pictures or writing an elaborate description that convinces buyers why they need your vehicle. You also don't have to wait around for potential buyers to contact you, only for them to fall through on their offers. When you come to our dealership, our staff members handle all the behind-the-scenes work. Instead, you can spend your time browsing other listings to find the perfect car, truck, or SUV.

Take Advantage of Tax Benefits

When you sell your car to a private party in the state of Maryland, you may have to pay taxes on any profit you make. You can reap tax benefits by conducting your trade through a dealership like Koons White Marsh Chevrolet. When we help you close your deal, you can set aside the cash for a down payment on a new vehicle. This may reduce your tax liability and help you save a few hundred or thousand dollars, depending on the sale value of your vehicle.

How Do I Trade In My Vehicle?

When you're ready to trade in your vehicle, you can come to Koons White Marsh Chevrolet with the appropriate paperwork. This paperwork can include maintenance records, loan information, and car registration information. If you have your vehicle's title, you may bring it to expedite the trade-in process. If you don't have it, the car registration is often enough to prove your ownership. We'll review the documents you bring and help you fill out the applicable forms so that you can leave with cash in hand or a new Chevy vehicle.

Scale Down or Upgrade Your Chevy Vehicle

Here at Koons White Marsh Chevrolet, we're available to help you reap optimal benefits from the trade-in of your vehicle. Whether you want to scale down or upgrade, we're ready to assist. For example, let's say you want to trade in your family's SUV for a more modest sedan now that your kids have all moved out of the house. We can help you find the right sedan, and we'll take your SUV off your hands.

You may also consider a situation where you have a small Chevy truck for work, but you'd like to upgrade to a bigger one so that you can pull a boat, camper, or other large item. We'll help you get the best possible deal so that you can put money toward a truck that offers more performance. No matter what your needs are, Koons White Marsh Chevrolet is here to help you meet them with an economical trade.

Trade In Your Vehicle No Matter Your Financial Circumstances

We understand that our customers all have different financial circumstances. If you haven't fully paid off your current car loan, you can still be eligible to trade in your vehicle. Our team members have ample experience working with customers who have different credit and loan situations, so we can guarantee that we'll treat you fairly.

Some of our customers come to us with negative equity in their vehicles, meaning they owe more on their loans than what their cars are worth. If you're in this situation, we can still help you get a new vehicle. You can trade in your current vehicle and pay the outstanding balance with cash or another loan. If it's feasible, you may be able to roll the outstanding balance into your new car loan. We'll discuss your options with you so that you can make the most financially sound decision.

Whether you have a brand-new Chevy Blazer, a 10-year-old Chevy Malibu, or something in between, you can trade it in at Koons White Marsh Chevrolet to get the vehicle you want. Visit our dealership today to see what we have available. One of our staff members can discuss the details of your trade and help you find the perfect new ride.