Value My Trade

You can start by providing information about your vehicle through the trade valuation form on this page. Details such as your vehicle's year, make, model, mileage, condition, and equipment can help provide information for evaluating its potential trade-in value. A final appraisal may also consider the vehicle in person and current market conditions.

Having your vehicle's year, make, model, mileage, VIN, and general condition available can make the process easier. Information about the vehicle's features, service history, accident history, tires, interior, exterior, and any existing mechanical concerns may also be useful when determining its value.

Mileage is one factor that can influence a vehicle's trade-in value. Other factors can include the vehicle's age, condition, equipment, maintenance history, ownership history, demand, and the current used-vehicle market. Two vehicles of the same year and model can have different values depending on their individual condition and history.

Yes. The overall condition of a vehicle can play an important role in its trade-in value. Factors may include the condition of the paint and body, interior, tires, glass, mechanical components, and other equipment. Keeping maintenance records available can also provide useful information when your vehicle is evaluated.

Cleaning your vehicle before an appraisal can make it easier to see its overall condition. Removing personal items, washing the exterior, cleaning the interior, and having maintenance records available can help present the vehicle clearly when it is evaluated. Major repairs should be considered carefully based on their cost and potential effect on the vehicle's value.

Yes. A vehicle with an existing loan can still be considered as a trade-in. You will generally need information about your current lender and loan payoff amount so the dealership can account for the remaining balance when working through the trade-in and purchase process.

Trade-in equity is the difference between the value of your vehicle and the amount you still owe on its loan. If your vehicle is worth more than the remaining loan balance, you may have positive equity that can be applied toward your next vehicle purchase. If the loan balance is higher than the vehicle's value, you may have negative equity that needs to be addressed as part of the transaction.

Yes. Trading in your current vehicle can be part of the process when purchasing another pre-owned vehicle. Your trade-in value can be considered alongside the vehicle you choose, your financing arrangements, and other purchase details. Salem Pre-Owned offers a diverse selection of used cars, trucks, SUVs, and minivans from multiple manufacturers. Browse Used Inventory to see current options.

Yes. Your trade-in does not have to be the same make as the vehicle you are considering. Salem Pre-Owned carries vehicles from a variety of manufacturers, including Mazda, Nissan, Ford, Chevrolet, Honda, Toyota, and other brands, so a trade-in can be part of shopping across different makes and models.

You can submit an older or higher-mileage vehicle for consideration. Age and mileage are factors in determining a vehicle's value, but they are not the only considerations. Condition, history, equipment, demand, and other characteristics can also affect the vehicle's potential trade-in value.

Vehicle history can be an important part of an appraisal. Reported accidents, title history, number of owners, maintenance records, and other history information may be considered when evaluating a used vehicle. Providing accurate information about your vehicle can help create a more complete picture during the appraisal process.

You can begin the valuation process even if you are still researching your options. Getting an idea of your vehicle's potential value can help you understand your position before deciding whether you want to purchase another vehicle.

Trade-in equity can potentially be applied toward the purchase of another vehicle and may reduce the amount that needs to be financed. The exact effect depends on your vehicle's trade value, any remaining loan balance, the vehicle you purchase, and the other terms of the transaction. You can also explore used car financing options as part of the purchase process.

An online trade valuation provides an estimate based on the information submitted about your vehicle. A final appraisal may involve a closer evaluation of the vehicle's condition, equipment, history, and other factors. The more complete and accurate the information you provide, the more useful the initial valuation can be as a starting point.

Having your vehicle title or loan information, current registration, driver's license, keys, and maintenance records can help make the trade-in process easier. If there is an outstanding loan, having current lender and payoff information available can also help with the transaction.