Value Your Trade
Ray Skillman Ford Wants Your Vehicle!
Selling your vehicle is as easy as one, two, three with Ray Skillman Ford.
Our hassle-free approach gives you the ability to sell your vehicle outright to us with check in hand or better yet, apply your vehicle’s value towards a new or pre-owned vehicle you truly want.
When you work with our team we take all of the hassle out of getting the best price for your vehicle. There’s no ad posting or screening buyers required on your end. That’s what we’re here for.
How Much Will I Get at Trade-In?
Let our team here at Ray Skillman Ford take the guesswork out of it.
Take advantage of our handy Value Your Trade-In calculator from the comfort of your home or office. It’s as easy as inputting your contact and vehicle information, and you’ll receive your estimate right away.
Vehicle Information We’ll Look For
• Mechanical condition
• Car features
• Exterior/Interior condition
• Market landscape
A Transparent and Simple Experience
You have your trade-in estimate in hand. Now what?
Come on into our Indianapolis dealership for your appraisal. We’ll make sure the condition of your car is a good fit for our used car inventory and get you the highest value back.
After our examination; negotiate or accept our offer and finalize the sale.
Advantages to Selling to a Dealership
Haggle—do your own research and make sure you’re getting the most reasonable trade-in offer. Our price may be more realistic than you realize.
At Ray Skillman Ford, we pride ourselves on offering the fairest possible offer on trade-in vehicles.
Upside down? No problem—consolidate what is owed on your current vehicle with the price of your new ride.
Value Your Trade-In: FAQs
Q: What if I have positive equity (my car is worth more than I owe)?
A: Great! Your trade-in will be even easier. First, we’ll purchase the car and pay off your loan. Then we’ll be able to put what’s leftover toward your new vehicle down payment. This gives you a great advantage!
Q: What if I have negative equity (my car is worth less than I owe)?
A: Still not a problem! If we decide to still purchase your vehicle, we’ll pay off your loan and roll the remaining balance into your new car loan. So, you’ll still pay it off eventually, but you can be in the car of your dreams today.
Q: What does it mean to be “upside-down” on a car loan?
A: Being “upside-down” is negative equity; negative equity is being “upside-down.” For example, if you still owe $30,000 on a car worth $25,000, you have negative equity.
Q: How soon can I trade in a financed car?
A: That’s up to you! Everyone’s situation is different, and you can trade-in at any point. As a general rule of thumb though, you might want to wait until you have positive equity.
Q: Can I trade in my car for a cheaper car?
A: If you don’t owe anything and own it outright, of course! Nothing is stopping you from doing what you like with it.
What if I still owe?
If you have positive equity, the remaining balance after your loan is paid off can get put towards any vehicle you want, decreasing the overall amount you owe on it.
If you have negative equity, you can go for a less expensive vehicle, but the remaining balance from your loan will get added on, increasing the overall amount you owe on your new loan.
We Look Forward to Hearing from You
Feel free to contact us online or by phone for any other questions you may have.
Better yet, stop in at our Indianapolis showroom to make your next new or pre-owned vehicle shopping and purchasing experience a breeze.