Value Your Current Vehicle
We Will Buy Your Car!
At Mercedes-Benz of Knoxville, we believe in making car shopping and car buying as easy as possible. One way we make that goal achievable for our customers from Crossville to Greeneville and all across East Tennessee is by offering a hassle-free way to sell their pre-owned cars. Not everyone has the time or desire to become a private party seller — and that’s where Mercedes-Benz of Knoxville comes in. We will buy your car, so you don’t have to worry about posting ads or screening buyers. Then, we’ll help you put your car’s value toward the new or pre-owned vehicle you truly want.
What is the Value of My Current Vehicle?
If you’re wondering, “What is my pre-owned car worth,” the answer is just a few clicks away! Using our handy “Value Your Trade” calculator, you can get an estimated vehicle value from the comfort of your home or office. Simply input some information about your car and your contact info into the calculator above, and you’ll have an estimate right away. Keep in mind, there are a few factors that affect your vehicle’s value, including:
- Mechanical condition
- Car features
- Exterior/Interior condition
- Market landscape
How Do You Sell Us Your Car?
After you’ve received your vehicle’s value estimate, it’s time for an appraisal of your vehicle! Our Knoxville dealership can take care of this step for you. We’ll examine the condition of your car and make sure it’s a good fit for our pre-owned car inventory. When you visit for your car’s appraisal, be sure to bring your the estimate you received from our “Value Your Trade” calculator!
Once we’ve examined your car, you can negotiate or accept our offer and finalize the sale. We pride ourselves on offering the fairest possible offer on pre-owned vehicles, aiming to make the process transparent and simple. In fact, there are a few major advantages to selling your car to our dealership, including:
- You can haggle with us. We encourage our customers to always do their own research to make sure they’re getting the most reasonable offers.
- You can sell us a car even if you still owe money on it. If you’re upside down on your car loan, you can consolidate what’s owed on your current car with the price of your new ride.
- We will offer up to $500 over your best offer elsewhere.
Value Your Current Vehicle: FAQs
Q: Can you sell us a financed car?
A: Yes, you can. If you have positive equity on the car (as in, it’s worth more than what you currently owe), you can trade it in easily. The dealer will purchase the car and pay off the loan, then they’ll put what’s left toward the new vehicle price, giving you a major advantage. If you have negative equity on the car (as in, it’s worth less than what you currently owe), the dealer may still buy the car and pay off the loan, but the difference will be rolled into your new car loan — meaning you’ll still need to pay it off eventually.
Q: How soon after purchasing can you sell us a financed car?
A: There’s no time limit set in stone, but it’s a good idea to wait until you have positive equity.
Q: What does it mean to be “upside down” on a car loan?
A: Being “upside down” on a car loan is the same thing as having negative equity. For example, if you owe $30,000 on a car that’s worth $25,000, you have negative equity.
Q: Can I sell you my car for a less expensive vehicle?
A: If you still owe money on the car, you can trade it in for a less expensive one. For example, if you owe $15,000 and the car is worth $20,000, the dealer can purchase the car as a trade-in, pay off the loan, and put the $5,000 toward your new auto loan as equity. If you don’t owe money on the car and own it outright, there’s nothing stopping you from selling it to us and purchasing a less expensive car. You can do what you’d like with it.
Make Mercedes-Benz of Knoxville Your Automotive Partner Today!
If you have questions about how to sell us a car that is paid off, or how to get the best possible offer, don’t hesitate to contact us online or give us a call at (865) 777-2222. While you’re here, be sure to browse our current new and pre-owned car specials to start shopping for your next great offer near Oak Ridge, Maryville, and all of East Tennessee!