The Best Time to Upgrade Your Vehicle

Want to Upgrade Your Ride?

Have you had an eye on an exciting new Toyota for a while, but you haven’t been in a position to purchase it? By trading in your current car, you might be able to make this upgrade you have been hoping for. At Toyota of Ardmore, we can help make this happen. Our trade-in process is smooth and hassle-free. Let us inspect your vehicle and then show you what upgrades we have available at our dealership.

You may want to upgrade to a larger vehicle because you have a growing family. Or maybe you want to downsize and get a newer compact crossover SUV instead of an aging midsize or full-size model because you have kids leaving the house. Your preferences in features or body style may also be different due to changing family dynamics or preferences. In either case, we can help you get the car you need. Talk to us today about a trade-in.

When you trade in your vehicle, you can supplement your down payment and lower your purchase price on a new model. This can help you afford a higher-quality vehicle or trim. Get into the car you want by visiting Toyota of Ardmore.

Should You Trade in or Upgrade Your Vehicle?

When to Trade in Your Car

Before you trade your vehicle in Ardmore, OK, evaluate how much it is worth compared to how much you owe. If you owe less than it’s worth, you’ll have equity in the vehicle. This will work to your advantage, as you can use that excess to put toward your new purchase. You could use the trade-in equity as a down payment or lower how much you’ll pay for your new vehicle.

It’s not uncommon for vehicles to depreciate at a fast rate, making it difficult to maintain equity. If you still owe more on your auto loan than the car is worth, reconsider trading it in. You can roll what you owe into a new purchase if you plan to finance a vehicle. But this will increase your costs.

When You Should Upgrade Your Car to a Newer, Higher-Quality Model

Years of driving your car in Ardmore, OK, and other places will put a lot of wear and tear on it. As the miles rack up, your car will not perform as well. Its features may become outdated. For a safer, more comfortable, reliable ride, it’s a good idea to upgrade your vehicle.

Take the following factors into account if you aren’t sure whether you should upgrade:

• Your car’s fuel economy is diminishing.
• The car is no longer comfortable to drive or ride in.
• The vehicle’s safety features no longer function dependably.
• The vehicle has passed the 200,000-mile mark or is more than 15 years old.
• Your car no longer suits your needs, or your family size now requires a larger or smaller car.
• You are spending a lot of money on repairs.

Learn How Much Your Car Is Worth

It’s becoming easier to assess the value of your vehicle. You can conveniently do this online by using resources such as Kelley Blue Book to determine a value range. You can do this on our website with the Value Your Trade tool. You’ll just need to type in the year, make, model, and mileage of your car. Be ready to include the payoff amount and VIN too. The condition of your vehicle will also help improve its value. If you can show that you have taken good care of it, you can get a better trade-in value as well. Keep track of maintenance and service records.

Trading in your car is a smart idea, whether you plan to finance your vehicle or buy it with cash when you’re ready to purchase a new model. You can upgrade to a higher-level trim by choosing this method.

Upgrade Your Vehicle at Toyota of Ardmore

You don’t have to wait any longer to upgrade to a newer, higher-quality car. By trading in the vehicle that you drive now, you can lower your new car’s purchase price and make it more affordable. At Toyota of Ardmore, we will take the pressure off this process and help you feel at ease. Come to our showroom today to get started.