Here at Faricy Chrysler Jeep, we are proud to offer our services in determining the value of your trade-in. Valuing your trade-in can be a difficult and multi-step process, often creating unnecessary stress and uncertainty. That’s why we have developed a system using trusted data sources and calculations to ensure we are getting our customers the top dollar on their trade-in vehicles. If you find yourself wondering, “how do you value my trade,” know that our team of experts is here to answer all your questions and guide you through the process. Customer satisfaction is our top priority, which is why we strive to leave our customers feeling confident about every part of the trade-in process.
Once we have found you the top dollar offer on your trade-in, we will work closely with you to determine your top priorities in a new vehicle. We are prepared to help wrap up the trade-in process by assisting with title paperwork and transfer. Simply bring us any relevant documents, such as loan papers, title, registration, or maintenance records, and we will work with you to streamline the process. After that process is done, our team of professional sales staff is ready to answer all your questions about buying vs leasing and assess which vehicle is the right fit for you.
If you are wondering how exactly we determine the value of your trade-in, there are several steps to the process that ultimately remove the hassle from our customers. First, customers have the option to use our tools to value their trade-in through our website, or you can get a value in person at our dealership. Regardless of whether you want to get your estimate online or in person, our team of professionals will gather pertinent information about the car you are looking to trade and use those figures to furnish an estimated value.
To help us determine the value, we will need some important information about the prospective trade-in. Online, you will be asked to fill out the year, make, model, and trim. It is also helpful to have your Vehicle Identification Number (VIN) readily available, as well as your current mileage and basic info about the vehicle's condition. If you are here at the dealership, we can check these things for ourselves. Trade-in values are determined by the combination of these factors and presented as the amount we are willing to give you for your vehicle. Once you see the estimate, you can decide to keep your vehicle or trade it in for something new.

Our online trade valuation is done by a company called TradePending. We trust TradePending because of their unwavering commitment to transparency, simplicity, and branding to create the best experience for their customers. Due to the lack of uniformity in the automotive industry, many of the companies that calculate a car’s value don’t operate with transparency. That’s why TradePending is committed to providing their consumers with a SNAPShot report: an easily readable report that's backed with national data from over 8 million listings and updated daily.
This is one function that sets TradePending apart from Kelley Blue Book (KBB) and similar websites. While KBB is very popular for estimating car prices, it lacks the in-depth presentation of the data provided by SNAPShot. The SNAPShot system helps by creating easy-to-read data visualizations, so its estimations and other figures are clear.
Next, TradePending optimizes the process by generating an instant cash offer in just seconds––compare that to the minutes it takes KBB. It’s proven 60 times faster, saving the consumer valuable time and thus, further simplifying the process. TradePending's role primarily is to help the dealerships provide the most accurate estimations for their customers quickly and efficiently. This makes the process more enjoyable for everyone involved.
Since many of our customers will start their car search on their mobile devices, a faster result will yield more success and less stress. In fact, customers on their phones can still get a trade-in value in two easy steps. Since we are living in a time of optimizing ease and convenience, customers do not even need to have a VIN ready to gather an estimate; just year, make, model, and trim. We want to make getting a value for your vehicle as simple and quick as possible, and TradePending allows us to do that. We are proud to work with TradePending on our aligned vision to get our customers the best possible price for their trade-in and cultivate customer satisfaction from beginning to end.

Whether you choose to get a trade-in value online or in person at our dealership, you may find yourself wondering, “what’s next?” Trading in a car you are already driving is a great way to get into a new vehicle, whether you are upgrading, downsizing, or just want to try something new. Many drivers don’t need multiple cars, so trading in your old car is an excellent alternative to dealing with selling it yourself or storing an extra car that you no longer need. Plus, using the value of your trade-in towards your new car will greatly lower your overall costs and monthly payment.
Once you’ve determined the trade-in value, the next step is to verify what, if anything, you owe on your car. If you’re turning in a car with a lease or loan, we will work with you to contact your lender and request a payoff statement to see how much is left on the loan. If you have positive equity, the extra money can be used towards the down payment. On the contrary, if you still owe money, that will be rolled into your next purchase. If your car already has a free and clear title with no loan amount, all of the trade-in value can go towards the down payment, lowering your monthly costs.
Next, we will collect all the necessary documents to facilitate the trade. We will ask for the title to your car, proving your ownership and authorization to transfer. If you can’t locate it, don’t worry, you can request a lost title replacement from the RMV. If there is still a loan on the car, please bring any available loan documents that would display contact information for the lender, the account number, and maybe even the payoff amount. Our staff will also need the vehicle registration, paid or unpaid, to verify ownership. Finally, if you have any maintenance records available from the course of ownership, you can bring those as well. Together, we will help our customers finalize all the necessary paperwork for a smooth and seamless transition into your new car.