How to Trade In a Car

Signing Finance Documents for Car

If you’re wondering, “How does trading in a car work,” it’s a simple process, beginning with valuing your trade-in online. Once you receive an estimate, bring your car into Cornerstone Auto for appraisal and receive a formal offer for your trade-in car. You can then choose to accept the offer or counter it. Depending on the condition and model you own, our appraiser may be able to sweeten the deal. After we’ve come to an agreement, we’ll offer cash or the option of putting the value toward the purchase of a new or used car at Cornerstone Auto. 


Get Your Trade-In Car Value

The first step to learning how to trade-in a car is valuing your trade-in. Value your trade tools such as Cornerstone Auto Value Your Trade, Edmunds True Market Value®, or Kelley Blue Book® Value, gives you an estimate of what you’re likely to receive based on your make and model, condition of your vehicle, and other factors. Monticello, MN and Anoka, MN car owners looking to sell their vehicle can get an idea of how much they should ask for it. Trade-in a car and you’ll skip the hassle of having to find a buyer for your old car. 

Get an Appraisal

After you receive an estimate for your vehicle, you’ll need to visit our dealership near Ramsey, MN to have it appraised. Our appraisers will evaluate the condition of your car’s interior, exterior, and mechanical system, then give you a formal offer. If you want to counter it, you can do so. Bring the estimate you received online for greater negotiating power. 

Getting several trade-in estimates will boost how much you’re able to get for your trade-in car. 

Negotiate or Accept a Trade-In Offer

Once we’ve appraised your car and given you an offer, you can accept it outright or negotiate for a better price. Our appraiser will evaluate the other offers you received and either accept or counter it, depending on your vehicle’s condition and popularity. Other advantages to trading in your car include: 

  • Unlike other used car lots near Coon Rapids, MN, we’re willing to negotiate our trade-in offers until we agree on a price. 
  • You can consolidate your car loan debt if you want to trade-in a financed car. 

After you’ve come to an agreement with our team near Elk River, we’ll deposit the funds into your account or put it toward a new or used Chevrolet, Chrysler, Dodge, Ford, Jeep, Kia, Ram.

Value Your Trade-In Car at Cornerstone Auto

Get a generous offer for your trade-in car by valuing your trade-in online today. You’ll receive an estimate in minutes. Add photos and details for a closer estimate of your car’s trade-in value. Now that you understand how to trade-in a car explore our other car buying tips and get answers to financial questions, such as, “How much coverage do used financed cars need?”

More from Cornerstone Auto

  • Cornerstone Auto Voted as One of Minnesota’s Best Dealerships

    For the second year in a row, Cornerstone Auto is honored to be awarded the bronze award for being both Minnesota’s best used car dealership and Minnesota’s best new car dealership. Every year, our happy customers in the Elk River area vote for the businesses they love through the Star Tribune, Minnesota’s number-one trusted source for local…

  • Cornerstone Auto Joins Drive Electric Minnesota

    No doubt you’ve noticed more and more electric vehicles like the Ford Mustang Mach-E or Chevy Bolt EV around Monticello, MN. Nearly every major car brand has committed to significantly expanding its electric vehicle lineup over the coming years. The automotive future is undoubtedly electric. But we will need the charging infrastructure to support that electric future. That’s…

  • Free Things to Do Near Minneapolis

    Contact Us Are the kids home for the summer and you need some budget-friendly activities for them? Or maybe you just bought or leased a new or used car and want someplace to show it off without breaking your budget? If so, check out our list of the best free things to do near Minneapolis…

Contact Us
Cornerstone Auto 45.3767051, -93.3884585.