What is trade-in?

Today's article will be interesting, first of all, to motorists who already dream about a new vehicle.

If you do not know yet, what is the trade-in , then it's time to figure this out, because this system allows you to exchange an old car for a new one.

Of course, in reality, everything is not as simple as it might seem, there are "trade-in", both advantages and disadvantages, but I think that you need to familiarize yourself with various options before deciding on something.

Who knows, it's possible for you to trade-in help you find the car of your dreams without overpaying it.

What is this mysterious trade-in?

This foreign term hides a banal exchange.

For example, you are tired of old boots.

You bring them to the store and say: "I want to exchange them for new ones, these are the beautiful lacquer boots."

The seller tells you: "Your old boots cost 500 hryvnia. But those that you chose - 1 500 hryvnia. Do you agree to an exchange and a surcharge? ".

If you agree and you have the missing amount, then the seller starts to make out the contract.

Naturally, the trade-in boots I brought just so as to explain the principle of the operation of this scheme.

You change old clothes or shoes for a new one, albeit with a surcharge, a few shops will agree( if you do find them at all), but you can easily do this with your car.

I'm not accidental in the introduction to this article began talking about the car, because it was the car market trade-in came first and it was he who began to actively win.

What is acquiring?

In other countries, the "trade-in" system extends to different groups of goods, but we have not yet grown to this and our people are limited to cars.

Although all the delights of the "old → new" exchange are understood not only by car dealerships, but also, for example, by mobile salons.

Not so long ago, "Hello" launched the action: "Bring the old phone and exchange it for a new one."

What is trade-in and how does it work with the purchase of a car?

In the US, a very original car market: you can there how to buy a new car in a steep cabin, and take a rare model in excellent condition "on hand".

But the wreck on the wheels, purchased through a newspaper with free ads - on the roads of the USA you will not meet very often lately.

Repair the old car, which is constantly broken, - expensive and unprofitable, it is easier to dispose of.

If your used car is still quite decent, but you do not mind driving on something new and modern, then at your service trade-in: drove the old car - chose a new one - paid the difference - filed all the documents and wheel yourself furtheraround the country.

On the Russian and Ukrainian market, "trade-in" came relatively recently: no more than 10 years ago.

It can not be said that today the trade-in has become such a terribly common phenomenon, but he still got his fans.

It's really convenient:

1. You find a car showroom that works in the trade-in system.
2. You are waiting for the evaluation of your old car.
3. Choose a model that you want to buy in return( in this same salon!).
4. Choose how you will pay for the difference: cash on the spot or, having issued a loan with the bank( yes, indeed, many Ukrainian and Russian banks know what trade-in is, and give loans to purchase cars in this way).
5. You make all the documents to officially become the owner of a new car.

How to make a lot of money?

Typically paperwork( registration, registration, insurance, etc.) takes on the salon itself( alas, many do it for an additional fee, but you save enough time).

If the case is put on stream, the whole procedure will take 2-3 hours.

Advantages of trade-in

"Trade In" is an incredibly convenient system for purchasing a new car without spending a lot of time selling the old one, but not only this has its advantages:

1. Saves energy and nerves.

   Those who have ever sold cars, they know how difficult this work is.

   It is not so easy to find a buyer who wants to buy a car at the price you stated.

   Those who will come to you will have to prove that this is a good car, keep the price, demonstrate its advantages, etc.

   I'm not talking about the costs( temporary and monetary) for its re-registration.

2. Security of the transaction.

   In the trade-in system there are official automobile salons, you will not find any fraud here.

3. Legal support of the transaction - the paper work remains for the salon, you do not have to run around the notaries.
4. If you do not have cash to pay the difference, do not worry - banks are very willing to credit transactions in the trade-in system.
5. You can become the owner of a new car much faster than acting according to the classical scheme: sell an old car → borrow or borrow the missing amount → buy a new car.

Where it is better to invest money?

Trade-in drawbacks

Do not think that the "trade-in" system has no shortcomings.

It really does exist and you need to know about them before deciding to deal:

1. Of course, in the salon for your old car you will be offered, at least 10% less than its real value( especially greedy salons can bring down the price and onall 20%).

   If you sell the car yourself, you will get more for it.

2. You will have to be satisfied with the assortment of goods that the salon offers.

   If their offer does not suit you, then the trade-in transaction will not take place.

   The theory of broken windows

3. Carefully read the contract before signing it, of course, lawyers make up the paper so that in case of controversial situations the law was on the side of their client: the car salon.

What else should I know about trade-in?

Here are a couple more facts about the "trade-in" in the automotive market:

1. Traditionally, trade-in applies to mid-priced cars in normal condition.

   If you have an old "Zhiguli" on the go, then it's unlikely that you will be able to exchange it for something.

   And it is unlikely that you will find a saloon that will agree to change used Opel with a huge mileage on Lexus.

   Exchange, even with surcharge, should be equivalent.

2. The car dealer will conduct a test of the technical condition of your car.

   You do not need to go to a forensic examination in an auto service or pull a friend Vasya with you - a cool car mechanic.

   To convince the salon that your car is much more expensive than it was valued there, you will not succeed.

A few interesting moments about the features of the trade-in service

you will learn from the video:

Is it all just with trade-in?

In our country, however, as well as in neighboring countries, any good deed can easily be exorcised.

This is also trying to do with trade-in.

I'll tell you a little story.

My friend, attracted by the advertisement "Bring your old phone and get it for his new one", went to the mobile salon and proudly showed them his Samsung smartphone in immaculate condition, which he used only 1 year.

The seller rated it at. .. 500 hryvnia.

My friend is a well-bred boy, so he did not tell the sellers where to go with their offers and, selling his smartphone at an online auction for 3,000 hryvnia, added money and bought himself a newer model.

Here's a failed trade-in in Ukrainian.

Decide for yourself whether you have enough information or not to purchase a car or another "trade-in" product.

My goal is not to advertise this phenomenon( I did not give any bribes for advertising to any auto show ☺), but simply tell you, what is trade-in , so you have a choice.