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At Hyundai of Palatine, we believe in making car shopping and car buying as easy as possible. One way we make that goal achievable for our Arlington Heights customers is by offering a hassle-free way to sell their used cars. Not everyone has the time or desire to become a private party seller — and that’s where Hyundai of Palatine comes in.
We will buy your car, so you don’t have to worry about posting ads or screening buyers. To get started, all you have to do is fill out our Blue Book® Value. Next, shop our extensive inventory of new Hyundais and quality used vehicles to find the perfect model for your lifestyle and budget demands. If you have any questions or are interested in learning more about all your financing options, feel free to contact our finance team today.
If you’re wondering, “What is my used car worth,” the answer is just a few clicks away! Using our handy value your trade-in calculator, you can get an estimated car trade-in value from the comfort of your home or office. Simply input some information about your car into the trade-in value calculator, as well as your contact information, and you’ll have an estimate right away. Keep in mind, there are a few factors that affect trade-in value, including:
After you’ve received your trade-in estimate, it’s time for an appraisal of your vehicle! Our Palatine dealership can take care of this step for you. We’ll examine the condition of your car and make sure it’s a good fit for our used car inventory. When you visit for your car’s appraisal, be sure to bring your trade-in estimate!
Once we’ve examined your car, you can negotiate or accept our offer and finalize the sale. We pride ourselves on offering the fairest possible offer on trade-in vehicles, aiming to make the trade-in process transparent and simple. In fact, there are a couple of major advantages to selling your car to a dealership, including:
From before you even walk into our showroom to long after you drive home, all of our customers here at Hyundai of Palatine are customers for life. We strive to ensure you get top-dollar for your trade-in and find the perfect new vehicle for your lifestyle and budget demands. Trade-in and shop for a new vehicle with confidence knowing you are getting a competitive firm offer that can be easily put toward the down payment of your next auto loan or lease. Additional perks of trading in your vehicle with us include:
Yes, you can. If you have positive equity on the car (as in it’s worth more than what you currently owe), you can trade it in easily. The dealer will purchase the car and pay off the loan, then they’ll put what’s left toward the new vehicle price, giving you a major advantage. If you have negative equity on the car (as in it’s worth less than what you currently owe), the dealer may still buy the car and pay off the loan, but the difference will be rolled into your new car loan — meaning you’ll still need to pay it off eventually.
You can find your Kelley Blue Book® Instant Cash Offer right after you fill out our form.
There’s no time limit that’s set in stone, but it’s a good idea to wait until you have positive equity.
Being “upside down” on a car loan is the same thing as having negative equity. If, for example, you owe $30,000 on a car that’s worth $25,000, you have negative equity.
If you still owe money on the car, you can trade it in for a cheaper one. If, for example, you owe $15,000 and the car is worth $20,000, the dealer can purchase the car as a trade-in, pay off the loan, and put the $5,000 toward your new auto loan as equity. If you don’t owe money on the car and own it outright, there’s nothing stopping you from trading it in for a cheaper car; you can do what you’d like with it.
Fair Market Value is the amount you might reasonably expect to receive if selling privately.
Trade-in Value is an estimate of what a dealer will offer to buy the vehicle; trade-in values are usually lower than selling privately but can include an added bonus, incentive, and loyalty rate.
If you have questions about how to trade in a car that is paid off, or how to get the best possible offer, don’t hesitate to contact us online or give us a call at 847-230-9455. While you’re here, be sure to browse our current new and pre-owned car specials to start shopping for your next great offer near Buffalo Grove!