Why You Should Trade In Your Vehicle When Buying Your Next Toyota

Why You Should Trade In Your Vehicle When Buying Your Next Toyota in Hutchinson, KS 

If you are planning to buy a new or used Toyota soon, you might be wondering what you should do with your current vehicle. While you could spend lots of time and some money trying to sell it yourself, here are four benefits to trading in your car.

1.       Save time. Trying to sell your car on your own might sound like a good idea, but you will have to spend time cleaning up your car, posting it for sale, and dealing with potential buyers. By trading in your old car, all you have to do is drive it to Midwest Toyota, and we will take care of the rest.

2.       Save money. As you pay off your car's loan, you gain equity in your car. When you trade it in, even if it is not paid off, any positive equity you have can be put directly towards the cost of your new Toyota. This can essentially be your down payment and can help lower the total amount you need to finance and can make your monthly payments smaller.

3.       Lower your sales tax. Here in Kansas, buying a car is subject to sales tax. However, when you trade in your old car, the amount you get is deducted from the total purchase price. You will only have to pay sales tax on the difference between the two. This can mean big savings on your new Toyota. You won't get this tax benefit if you sell your car yourself.

4.       Get a great deal. Here at Midwest Toyota, we love trade-ins. While you might not think much of your old car, we would love to have it, even if it isn't a Toyota. We promise to give you the best fair market value we can on your trade-in and give you a great deal on your new Toyota.

To learn even more about trade-ins, finance, or to test drive a new or used vehicle, stop in to Midwest Toyota!

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