Can You Trade-in Two Cars for One

If you are looking to downsize the number of vehicles in your Cherry Hill driveway and wondering can you trade two cars for one, the answer is definitely! Dealers are looking for preowned vehicles in good shape and most will definitely take multiple cars. Take a look below to find out the difference between trading-in to a dealer or selling your car privately, and what to do if you have negative equity on one or both vehicles. 

How Trade-ins Work

When it’s time to buy another car in the Maple Shade region, you can lower your down payment if you trade in your present vehicle. Trading in your car isn’t difficult. Simply go to a dealership and find out what they offer you. If you are asking yourself, “Can I trade in two cars for one?” the simple answer is yes. It will depend on the value of your vehicles and how much you still owe on them.

Trade-in vs. Private Sale

When you have decided to move some of your vehicles on, you might also be wondering if you should trade them in or sell them outright. 

Trade-In Advantages:

• Trade-in value can lower your down payment.
• The process is quick and easy. Simply bring your documents with you to the dealership and take care of it all at once.

Trade-In Disadvantages:

• The amount of the trade-in payment is usually less than what you can get in a private sale.

Private Sale Advantages:

• You usually make more from a private vehicle sale than a trade-in.

Private Sale Disadvantages:

• Private sales can take a long time.
• Need to advertise the vehicle, which can cost money.

Can I Trade Two Cars for One?

When it comes to answering the question “Can I trade in two cars for one?” you definitely can. Quality used cars are in high demand and dealers around Medford are happy to trade your cars toward a downpayment on a vehicle from their lot, or sometimes they will buy your cars outright even if you aren’t buying. Trading in two cars at once can also be an advantage if one is paid off and you owe more on the other than it is worth. The difference between the two amounts can help clear the loan amount.

Trade Your Cars in at Acura Turnersville! 

Use our handy online tool to find out more about the value of your trade-ins, then take a look at our inventory of new and used %%di_make%%. Contact us to schedule a test drive or explore your financing options today!