The GMC trade-in process is one of the best ways to save on your next car. The question remains, however, when is the best time to trade your vehicle in? Learn about vehicle trade-in best practices with help from McGuire Buick GMC. more Spring and Summer A good recommendation is to bring your vehicle in for a trade during the spring season. To start, tax refunds mean drivers have more capital to put down toward their down payment, and that means stock is moving more quickly. Additionally, the spring and early summer season have both the Memorial Day and July 4 th holidays, which are two days where dealerships are offering lots of promotions. Before the New Vehicles Hit the Market Extending the trade-in season, it’s a good practice to trade your vehicle in before the new models start to hit the market. This typically occurs toward the end of the summer and into the fall. Once the new models are at the dealership, it makes your vehicle another market year older, decreasing some of the value you might otherwise have seen from the trade-in. At the Three-to-Five Year Mark Another thing to consider is when during your ownership you want to trade your vehicle in. It’s typically best to do this between three to five years after purchase. By then, most drivers have positive equity, meaning they owe less than the vehicle is worth, but they don’t yet have to worry about repair costs. The fewer miles your vehicle has, the more value you’ll see returned. Begin the GMC SUV Trade-In process in Little Falls, NJ The more you know about the vehicle trade-in process, the more value you’ll see returned when trading in and the more confident you’ll feel. McGuire Buick GMC is the team you can count on along the way. Visit our dealership to begin trading in your car today.
