At Capistrano Mazda, we're here to help you find the best deal for a new or used Mazda. One way you can save money is by trading in your current vehicle. We have skilled vehicle appraisers available, and our finance team is here to discuss whether or not this is a viable option for you. Here is some helpful information about trade-ins, including how to trade in your vehicle and what the benefits are.

How To Trade In Your Car

Before you bring your vehicle into our dealership for a trade-in, you can take care of a few things yourself. This can help you prepare for the process of assessing and trading in the vehicle once you arrive. If you want to trade in your vehicle, consider following these steps:

Do Preliminary Research

Before you visit Capistrano Mazda, consider conducting some preliminary research on the value of your current vehicle to help set expectations about the price you want to trade in your vehicle for. Knowing the value of your current vehicle can also help you when you negotiate a trade-in price. Consider checking the price of vehicles that are similar models to yours to see how they compare. Additionally, it's helpful to know what type of vehicle you want to purchase after trading in your current vehicle, so you can research this as well to form a budget before visiting the dealership.

Check If You Still Owe Money

Before you come to the dealership, check to see if you still owe any money on the vehicle. You may have either positive or negative equity if you still owe money. Positive equity occurs when your car is worth more than you still owe. This means you can apply the additional value to the new vehicle you want to purchase. However, negative equity means the car is worth less than what you owe. This means you may have to pay the difference between the loan balance and the trade-in price.

Knowing what you owe before visiting the dealership can help speed up the process since you’ll already understand the options available to you. However, our financial team is equipped to answer any questions you may have about positive and negative equity. You can contact them at the Finance Center to learn more.

Gather Documents and Supplies

The next step to take before visiting the dealership is to gather all the relevant documents or supplies you need to make the trade. There are a variety of documents our team needs before we can accurately assess your vehicle and make an offer. Gathering this paperwork ahead of time can streamline the process since you can complete the trade on your first visit. Here are the things you need to bring with you when you visit us:

• Car registration.
• Maintenance records.
• Loan details.
• Car title.
• Car keys.

Get an Estimate

Next, you can get an instant cash offer on your car by visiting our dealership or using the online Kelley Blue Book tool. Our goal is to provide you with a high-quality deal based on the right information. You can access this tool on our website.

Close the Deal

The last step in trading in a vehicle at Capistrano Mazda is closing the deal. You might collaborate with our sales and finance teams to negotiate a price that works best for you. Additionally, you can find a new vehicle to apply the trade-in value to from our new or used inventories. If you want to see what we have before you visit, you can view our inventory online.

Benefits of Trading In Your Vehicle

While trading in your vehicle might not be the right option for you, it's helpful to understand the benefits before you make the decision. Since buying a new car can be a lengthy process, we're here to help streamline your car shopping experience by making it as easy for you as possible. Here are a few benefits to trading in your current vehicle:

No Private Buyers

One benefit of trading in your vehicle with us is that you don't have to deal with private buyers. Private buyers can be unreliable or hard to communicate with. Instead of spending time arranging test drives or getting inspections, you can rely on us at Capistrano Mazda to manage all those details for you. This can save you time and money, which are both valuable resources when you're looking for a new vehicle.

More Flexibility

Another benefit of trading in your vehicle with our dealership is that you have flexibility. You can choose the deal that works for you. Once you complete the deal, you can find a vehicle that suits you without having to visit another dealership. With our large variety of vehicles, you can find the one you want without stress.

Ability To Negotiate

When you bring in a vehicle for a trade-in, you have the ability to negotiate the price. This can help you find a deal that makes you happy. Negotiating the value of your trade-in may help you feel more confident about the final deal, which can simplify the process of trading in the vehicle.

Save Money

The number one benefit of trading in your current vehicle is to save money. You can earn instant cash from your vehicle and put that directly toward the price of your new car. This can reduce the out-of-pocket cost of that vehicle, which saves you money. Additionally, trading in your vehicle at Capistrano Mazda means you can work with our financial team to arrange a deal that suits your budget.

Buying and selling your car can be a stressful process. Our goal is to reduce your stress, save you money, and help you find a new vehicle that you love. If you're interested in trading your car, you can reach out to our team so we can answer any questions you may have about the process. We hope to see you in the dealership soon.