Trading in Your Vehicle is Easy with Route 1

With the arrival of the new year, there also comes thoughts about rejuvenation and renewal. For some, the thought of obtaining a new method of transportation is the perfect way to kick off the next twelve months and 365 days. Of course, you might already have a vehicle that still has a considerable resale value attached to it. Utilizing your vehicle as a form of equity on a trade-in is a possibility and can result in lower monthly payments and the lower cost upfront. And at Route 1 CDJR, we make the process easier than it’s ever been before.

All vehicles, regardless of their maker or model, go through a process known as depreciation. This means the residual value owes a little bit more each year. While this process isn’t exclusive, it’s also not linear. Each vehicle depreciates at a different rate. At Route 1, we can tell you the value of your vehicle in mere seconds, allowing you to start planning the next step in the purchasing process.

Once the value of your current vehicle is determined, it's a matter of having the experts at Route 1 CDJR appraise it. Aside from the current residual value following a depreciation, other determining factors will help influence the final value. These include a clean vehicle history, mileage, structural integrity, and if the mechanical parts have been properly maintained. For this reason, many people have their vehicles inspected by a mechanic before trading them in. If you’re unsure of what the ballpark price of your trade will net, you can obtain this information right on our website. There are also resources such as Caredge.com, which can show you how the depreciation for each vehicle occurs. Also, KBB (Kelly Blue Book) releases a publication each year with the current values listed for every make and model.

With the equity of your trade-in, you can utilize it to either lower the down payment or subsequent monthly payments. Another option is to utilize the equity to lower the cost of a used vehicle. No matter what choice you decide to make, Route 1 CDJR is the perfect location for you to trade in your current vehicle so you can literally trade up in quality. For appraisals, inventory, sales, service, and much more, cruise on over to visit our website or stop by and see us at 2700 Brunswick Pike in Lawrenceville.