470.938.8430
Welcome!
Get a True Trade In Value for your vehicle quickly. Simply complete this form and upload photos of your trade-in and the Marietta Toyota Team will be in touch with you shortly.
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.
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.
There may be many reasons why you’re considering trading in your current vehicle. Perhaps it’s no longer suitable for your family since you need more (or less) seating capacity. You may also simply want to transition from a sedan to an SUV or from a gas-powered vehicle to a hybrid. Regardless of your “why,” we can help. Here on our website, you’ll find a handy trade-in calculator that allows you to estimate your trade-in value and determine your budget for a new vehicle, as well as car-buying tips and answers to some of our most frequently asked questions.
Additionally, you will find that we offer fair pricing, an extensive inventory, and a genuine interest in what you’re looking for in your next vehicle. We will take the time to answer your questions and try to find the best match for your needs rather than pushing for a quick sale. All these things combined make it easy to see why trading with our team is a great choice.
Trading-in your vehicle is easier than you might think. The first thing to do is determine what your trade-in value is; then, check out our inventory of new and used vehicles. Whether you’re looking for an SUV to accommodate your growing family or you need an efficient sedan for your commute, you will find that we offer something for everyone. Once you’ve identified an ideal model, compare its cost to your trade-in value to determine your next move.
If there is a gap, you can talk with our finance team to explore your options, or you can calculate your potential payments with our online calculator. If you do find there is a gap, don’t be discouraged, as this happens all the time. Our team has developed relationships with multiple lenders over the years, and we can work to see what options are available for you. Contact us, and we will walk you through the process so you have the details you need to make an informed decision.
When you’re ready to trade-in your car, we will need a few documents, including your registration, title, and loan payoff information, as well as the keys (and the extra key fob if you have one). Once you arrive at our dealership, one of our team members will help you with the next step.
We use Kelley Blue Book (KBB) to determine the value of your trade. KBB is a well-known resource for assessing car values, offering estimates based on real-world market data. KBB determines a vehicle’s value based on several characteristics, including its make, model, year, mileage, condition, and location. In addition, the platform takes into account supply and demand patterns, regional pricing disparities, and economic situations to ensure that assessments are correct and up to date.
For trade-in value, KBB predicts how much a dealer would pay for a used car, along with Private Party Value, which indicates the expected price if you sell directly to another person. It also provides Retail Value, which can be used to list the car for sale at a dealership, and Certified Pre-Owned (CPO) Value, which applies to used vehicles that have passed manufacturer-backed inspections and reconditioning.
At Marietta Toyota, we’re a full-service auto center, which means we can assist with every step of the car-buying process, from trading-in your vehicle to choosing a replacement to finding financing and ensuring your car continues to function well for years, thanks to our state-of-the-art service center. Additionally, you will find that our family-owned dealership treats you like one of our own, making sure all your questions are answered and that you find a vehicle that fits your needs.
Our unique approach goes above and beyond what you might find elsewhere, which is exactly what we strive for every day. If you’re ready to trade-in your vehicle, reach out to our team today.
