How to Trade In a Car

Have you been thinking about selling your current vehicle to make some room in your budget and your garage for an upgrade? Whether or not you’re looking at a new Cadillac for your next ride, the team at Hendrick Cadillac Cary is here to help you learn how to trade in a car for a great price in the Morrisville area. Find everything you need to know in the guide below, then visit our dealership in Cary for an appraisal!

First, Estimate the Value of Your Trade-in Car

When you’re learning how to trade in your car, the best place to start is to estimate the value of your trade. To keep things simple and streamlined, Hendrick Cadillac Cary provides an online car trade-in calculator right here on our website. Simply enter the year, make, and model of your trade, then provide some contact information so our team can reach you for the next steps. When you submit your form, you’ll be able to see your estimated trade-in value in seconds!

You may want to compare your estimate to other resources like Kelley Blue Book® Value and Edmunds True Market Value®. You’ll typically find very little difference in their estimates, provided that you’re inputting the same information across all platforms. Still, using multiple trade-in valuation resources can sometimes be a helpful negotiation tool.

Visit the Dealership for an Appraisal

After estimating your trade-in’s value, it’s time to head to the dealership for your official appraisal! At Hendrick Cadillac Cary we’re happy to do same-day appraisals, so you can stop by on your way home from Apex whenever it’s convenient. Of course, you’re also welcome to contact us for an appointment if you’d prefer to have everything ready to go when you get here.

When you arrive for the appraisal, our team will inspect your vehicle and test its performance before weighing it against our current nationwide pre-owned inventory to determine how much it could sell for. If you have received any trade-in offers from other local institutions, please bring those along as well so we can reference them and make a competitive offer.

Negotiate or Close Out the Deal

After you’ve had your vehicle appraised and received an official offer, you can choose to negotiate or accept the offer and close out the deal. In any case, it’s a straightforward process that won’t take long at all—one of the main advantages of trading in your car vs. selling it privately. Everything can be done in one trip to our dealership, but that’s not the only benefit you’ll enjoy:

  • When you’re trading in at the dealership, you can explore leasing and financing options for your next vehicle during the same appointment. That way, there’s no delay between trading in your current car and securing the keys to your new one!
  • Your trade-in offer can be applied directly to your next purchase, enabling you to make a larger down payment.
  • If your trade-in car has a remaining loan balance on it, you can consolidate the balance into a new loan at the dealership.

Learn More About Trading in Your Car at Hendrick Cadillac Cary

Have some lingering questions about how to trade in your car? Give us a call at (919) 342-8209 and we’ll be happy to help! Or, visit our dealership near Durham if you’re ready to jump into the trade-in process. In addition to competitive trade-in offers, our dealership also provides rotating new Cadillac specials to help you save on your next purchase.

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Hendrick Vehicle Disclaimer
$799.00 Dealer Administrative Fee not included in advertised price.

All prices exclude all taxes, tag, title, registration fees and government fees. Out of state buyers are responsible for all taxes and government fees and title/registration fees in the state where the vehicle will be registered. All prices include all manufacturer to dealer incentives, which the dealer retains unless otherwise specifically provided. Dealer not responsible for errors and omissions; all offers subject to change without notice; please confirm listings with dealer.

All vehicles may not be physically located at this dealership but may be available for delivery through this location. Transportation charges may apply. Please contact the dealership for more specific information. All vehicles are subject to prior sale.

 

Additional Disclaimers:
Well-qualified customers who purchase a new, used, or certified pre-owned vehicle, 4 model years or newer with less than 60K miles between June 1, 2025, and July 31, 2025, and finance through a participating dealer and lender have the option to defer monthly payments for 90 days from contract date. Finance charges begin to accrue on the date you sign the Retail Installment Sale Contract at the Annual Percentage Rate (APR) disclosed in the contract. May not be combined with other preferred lender financing offers. 72 months maximum term limit. Equal monthly payments only. Not available to Pennsylvania residents; see your dealer for details. Must take retail delivery by July 31, 2025. See dealer for complete down payment options and details.

*For Current Owners and Lessees of 2011 model year or newer Cadillac vehicles : Each dealer sets own price. $529/month for 36 months. Your payments may vary. Payments are for a 2025 CADILLAC LYRIQ 2WD Luxury w/RWD with an MSRP of $60,090. Based on due at signing amount of $4,909 (after all offers). 36 monthly payments total $19,044. Must show proof of ownership/lease. Option to purchase at lease end for an amount to be determined at lease signing. Lessor must approve lease. Take new retail delivery by 06-30-2025. Lessee pays for maintenance, repair, excess wear and disposition fee of $595 or less at end of lease. No security deposit required. Payments may be higher in some states. Not available with other offers.

*2.9% APR for 60 months for well-qualified buyers when financed w/Cadillac Financial. Monthly payment is $17.92 for every $1000 you finance. Average down payment is 18.6%. Some customers will not qualify. **Must show proof of a current ownership or lease of a 2011 model year or newer select non-GM vehicle at least 30 days prior to the new vehicle sale. Take new retail delivery by 06-30-2025.

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Hendrick Cadillac Cary 35.74011, -78.81677.