What’s the Best Mileage to Trade in a Car?

April 18th, 2024 by

What’s the Best Mileage to Trade in a Car?

When you’re thinking about trading in your car, you might wonder about the perfect mileage. Here at Ole Ben Franklin Motors, we get it – it’s a big decision. Let’s break it down:

Figuring out the ideal mileage for trading in your car depends on a few things, like how old it is, its condition, and what make and model it is. Generally, cars with lower mileage are seen as more valuable, but you’ve got to look at the bigger picture. Checking out its maintenance history, any accidents it’s been in, and just overall condition is key.

Plus, the right mileage can vary depending on what kind of car you have. Luxury rides usually score better prices with lower mileage, but if you’re driving something like a workhorse truck, it might have a bit more wiggle room.

So, bottom line: finding the sweet spot for trading in your car takes some thought. Luckily, we’ve got your back at Ole Ben Franklin Motors. We’re here to give you the lowdown and help you make the best call for your wheels. Give us a shout today to see how we can guide you through the process!

How Much is My Car Worth?

What to Know About Different Mileage Ranges

30 – 40k miles:

This mileage range is a critical milestone that frequently aligns with the end of a vehicle’s warranty period. Additionally, parts susceptible to wear and tear, such as brakes and tires, may need replacement around this time. The closer a vehicle reaches this milestone, the more likely it is to retain a favorable trade-in value.

40 – 100k miles:

Since most people keep their vehicles for an average of about eight years, this range is around the lifespan of a typical vehicle. So keep in mind that since vehicles in this range will be the most commonly traded-in, there will be a bit of market saturation if you’re looking to join the crowd and trade in your car in this mileage range. You may find that your vehicle’s market value is slightly less than you were expecting. But don’t fear! Ole Ben still wants to buy your vehicle, and we offer the best trade values in the Knoxville area.

100,000 Miles or More:

Unlike before, today’s technology has changed the way we see high-mileage cars. Even if your ride has rolled past the 100,000-mile mark, it could still hold some trade-in value – just maybe not as much as a low-mileage gem. But here’s the kicker: the condition of your car, inside and out, is what really seals the deal on its trade-in worth.

Trade-In Tips

Remember that your car’s condition is key in determining its value. Aside from the mileage, how your car looks can really sway the appraisal. So, here are a few tips to spruce up your ride:

Clean ‘er up!

Clean your car inside and out to get the most for your trade

First things first, give your car a good scrub-down to make it shine. Vacuum out all the nooks and crannies, inside and out, and give it a good wash. Consider going the extra mile with a detailing job to really make it sparkle. Trust us, a clean car can make all the difference when it comes to getting a better trade-in value.

Fix up what you can.

Take care of those little dings, paint chips, and cracked mirrors or windows to make your car look its best. While you might not need to tackle any major mechanical repairs, addressing these small issues can really boost your car’s appeal and trade-in value.

Come prepared!

Make sure you have all your paperwork in order, including the title, registration, maintenance receipts, and spare keys. Being organized and ready to go can help speed up the process and get you one step closer to driving off in your new ride in no time.

Make Trading in a High-Mileage Car Easy with Ole Ben Franklin Motors

Ready to trade in your old car? At Ole Ben Franklin, we’ve got you covered, no matter the mileage. We know it can be a bit overwhelming trying to find the perfect replacement, so we’re here to help every step of the way. Check out our handy trade-in tool on our website to get an idea of what your car might be worth. Then, let our team of experts guide you to the perfect vehicle that fits your needs and budget. With Ole Ben Franklin, trading in your car is easy-peasy.

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