Tuesday, September 27, 2011

How can I fix up my Jeep to get the best trade-in value?

I currently have a 2004 Jeep Grand Cherokee Laredo with 75000 miles on it and some squeals here and there. What are the most beneficial (and cheap) actions I can take to upgrade its trade-in value?|||Yes you do clean it and lube it but, the main thing is to learn how to negociate with the salesman and finance department. I've seen nice clean cars that go in and get's traded in for a low value because the salesman hussle out the buyer. Usally bigger dealership will give you more money for it, but it also depends on how much is the car your planing to trade it in for cost. Put some pressure on the salesman and finance person, try a few dealership you will find someone who gives you a good deal. Just make sure your jeep runs good no squeek and do some research http://www.kellybluebook.com search for "trade in value" for your jeep. Good luck.|||The cheapest action is not to buy another jeep or suchlike...|||Wash it, Wax it, vacuum it really well. Make sure you have all the documentation in a really professional looking binder and it's up to date on all it's maintenance. A clean car increases the value dramatically.|||Get a good detail, and have them lube the chassis, that might help with some of the squeaks and rattles|||The best thing you can do is just clean it. If you do alot more than that, you won't get that money back in trade.|||Clear out your car, then wash, vacuum and wax it. Fix minor problems, or prepare to come down substantially in your asking price. Have a mechanic look at your car before you sell to help appraise its value. This will keep some buyers from telling you to lower the price by claiming the car needs significant work.





Research the vehicle's value in the Kelley Blue Book (kbb.com), and compare with other sellers' asking prices for the same vintage model. This will give you the basis for a realistic price (add a little more so you can comfortably bargain).





Run a car history report on your vehicle through a service such as Carfax.com, then print it to show prospective buyers.





Make sure you have in your possession: the title, no outstanding tickets, a bill of sale or vehicle transfer form (available from the DMV), up-to-date emissions certification, registration and a release of liability form.





After you've agreed on a price, ask for cash or a certified check. Do not accept personal checks or payment in installments.





Fill out the bill of sale, which buyer and seller both sign, and make copies for you both. Sign over the title and fill out a release of liability form (available at the DMV). Cancel your insurance for the car, so if anything happens to it you won't be responsible. Unless you have arranged otherwise, it's a good idea to add "Car is sold in 'as is' condition without any guarantee or warranty" to the bill of sale.

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