Trade-In or Upgrade Your Vehicle in Roanoke, VA

Eventually, every vehicle reaches the point where moving on makes more sense. Maybe the repairs are stacking up. Perhaps you’re craving new technology or a smoother drive. No matter the reason, understanding the trade-in timing can save you money and hassle.

At Berglund CDJR in Roanoke, VA, we’re here to help you spot the signs and find the right moment. We know that getting a better value for your current vehicle will help smooth the path to affording your next set of wheels. With this guide, we’ll help you choose the optimal time to trade-in your car and upgrade, ensuring you come out ahead.

Signs It’s Time to Trade-In Your Vehicle

You Have Positive Equity

When your car is worth more than what’s left on your loan, that’s called positive equity. It’s a smart time to think about trading in. Not only can you put that value toward your next ride, but it may also lower your next monthly payment.

Your Warranty Is Running Out

Most factory warranties last about three years, with powertrain coverage sometimes extending to six years. Once that protection ends, you may be liable for more substantial repair bills. Trading in your vehicle before the warranty expires helps avoid unexpected costs and may improve its resale value.

Mileage Is Creeping Up

The more miles you drive, the faster your vehicle’s value drops. Once you cross the 100,000-mile mark, trade-in offers tend to decline. If you drive around 12,000 to 15,000 miles a year, keeping your car under 60,000 miles can be key. Before trading in, clean the car and address any minor repairs. These steps can help maximize the appraisal offer.

Repairs Are Getting Too Costly

If you’re spending more time at the repair shop than on the road, it may be time to consider other options. Large repair costs for an aging vehicle often don’t make financial sense. That money might be better spent on a down payment for something new and more reliable.

When to Upgrade Your Car

End-of-the-Month Sales

Sales staff often work toward end-of-month targets. To hit those goals, they may offer better prices and incentives. If you’re ready to upgrade, this window can give you more bargaining power.

End-of-the-Year Discounts

As the year winds down, dealerships need to clear out older inventory. That’s when you’ll often see the biggest markdowns and incentives. If you can hold off until the holiday season, the savings may surprise you.

Arrival of New Models

New car models typically arrive at dealerships in late summer or fall. That’s when dealers started discounting last year’s stock. If you're okay with driving a slightly older model, you can often score a great deal with solid features.

Tips for Boosting Your Trade-In Value

Take a few extra steps before visiting the dealership. Give the car a good wash and vacuum. Repair minor issues, such as dim lights or missing trim. Keeping a clean record of oil changes and service visits also helps. Vehicles that appear well-maintained tend to receive higher appraisals.

Low mileage makes a difference, too. Timing your trade-in before your odometer reaches a high reading can help you secure a stronger offer.

With smart prep and good timing, upgrading to a new vehicle becomes easier and more rewarding.

Plan Your Next Move at Berglund CDJR

If you’re considering a trade-in or just want to see what your car is worth, stop by and talk to us. At Berglund CDJR, we make the process simple and stress-free. We’ll walk you through your options and help you find a new model that fits your needs and your budget.

Visit our dealership in Roanoke, VA, today, or explore your options online. Let’s find the right time and the right vehicle for you.