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How Do Dealers Value My Trade? | Opelousas LA | Near Carencro, Eunice, Port Barre & Central Louisiana
How Dealers Value Your Trade in Opelousas, LA
Are you looking for a new vehicle but still need to get rid of your current vehicle? No problem. Here at Giles Nissan of Opelousas , we’re experts in navigating trade-ins for our customers. We want to make sure to get you the highest possible amount for your trade. Have you ever wondered how our trade-in process works? There’s a lot that we take into consideration when we value your trade. In addition to your vehicle’s condition, we also look at your vehicle’s value from Black Book powered by Car and Driver. Read on for more details on how we value your trade when you work with us.
Your Vehicle’s Details
There’s a lot more that goes into your quote than just your vehicle’s condition. Obviously, if your vehicle is in great condition, you’ll get more money, and if your vehicle needs some repairs or cosmetic fixes, you might get a bit less. While that plays a big part in the number you’ll see, Black Book also takes into account what other vehicles are selling for at auction.
Supply and Demand
The number you see from Black Book is more so driven by customers. For example, if customers are searching for a particular make and model but its inventory is scarce, then the value of that model goes way up. Another good example would be looking at the variable of gas prices. When prices go up, so does the sale of electric and hybrid cars, while the sale of large, gas-guzzling models goes down.
Regional Differences
These numbers also vary widely depending on where in the country you live. Higher value is placed on vehicles that are scarcer in certain parts of the country. Regionally-specific values, jobs and hobbies all contribute to a vehicle’s value, since people in that region want a vehicle that more closely matches their needs and are willing to pay more for it. Someone who works in construction will want a vehicle with a higher payload or better towing capabilities than someone who lives in a city and values a smaller car for better parking opportunities.
Ready to upgrade your vehicle? We can help. Value your trade online and stop by for your in-person quote. If you love your quote, head down to the Giles Nissan Opelousas at 4383 I-49 South Service Road, Opelousas, LA 70570 to have your quote and vehicle verified in person. We look forward to serving our customers from Carencro, Eunice, Port Barre and Central Louisiana.
