Time for a Car Upgrade or Trade-In in D’Iberville, MS?

Know the Best Time to Trade or Upgrade Your Vehicle in D’Iberville, MS

Are you thinking about trading in your car and upgrading? If you're sentimental about your current car, it might be challenging to switch. However, there will come a time when upgrading is more cost-effective. You need to consider timing when upgrading, whether you're doing so for safety and reliability or just to drive something new.

Here are a few helpful tips from INFINITI of South Mississippi in D'Iberville, MS, if you are uncertain when to make such a move. Need help with the trade-in process? Our team is here to assist you. Drop by our dealership and talk to our INFINITI specialists.

When Is the Right Time for a Trade-In?

Wait Until You Have Positive Equity

The best time to trade in your vehicle isn't set in stone, but waiting until you have built up some equity before making the switch is best. This means that you have paid off a large portion of your loan. Trading in a car can certainly be done anytime, but it's best when you think you'll get more than what's owed.

When Your Warranty Expires

Keep an eye on the expiration date of your car's warranty. When your vehicle is out of warranty, dealers may offer you less for your trade-in. Typically, bumper-to-bumper warranties expire three years after sale; powertrain warranties typically last five to six years. If you're considering trading in, watch out for that timeframe.

Before Reaching the Average Mileage

Vehicle mileage is one of the most important factors when estimating the vehicle’s value. The value will drop steeply after 250,000 miles or above average mileage for its model and make. It is considered normal for most drivers to drive about 25,000 miles a year. You can expect a 10% reduction in the value of your vehicle if you exceed this average.

Before Major Service Intervals

Spending hundreds of dollars on major routine maintenance, such as new brakes and tires, only to trade the car in later, makes little financial sense. Consider trading in your regularly serviced, good-condition car before your next milestone for potential benefits.

When Is the Right Time for an Upgrade?

End of the Month

You can find excellent deals if you shop near the end of the month. Commonly, sales teams operate with monthly quotas. The likelihood of more favorable prices increases near the end of the month as they strive to accomplish their goals.

End of the Year

You should also visit dealerships at the end of the year. Sales teams prioritize achieving monthly quotas and year-end targets, often driving significant discounts during late-year sales events.

New Model Year

Plan your purchase to coincide with the release of next year's models. The dealerships will be eager to move existing stock and make room for new arrivals, which can result in substantial savings.

Trade-In or Buy a New INFINITI at INFINITI of South Mississippi

A reputable dealership can guide you through trading in your car and upgrading your ride. The team at INFINITI of South Mississippi is committed to making your experience in D'Iberville, MS, as smooth and enjoyable as possible. We invite you to visit our INFINITI dealership today.