Why Trade-In Your Vehicle Now

With the used vehicle market in the state that it is, why not sell or trade that car you are not in love with anymore? Prices for used cars and trucks have increased 10.5%, according to KBB.com. This increase is the highest of any consumer spending category, and some models are going for higher prices now than they sold for new a year ago. These higher prices mean that if you trade in or sell your used car, now is the time to do so, as you will get paid the most you could have imagined. 

Another reason to trade in your vehicle is it could save you money on your taxes. Most states' tax laws are calculated based of the purchase price. This means when you get paid top dollar for your trade, that amount will be taken off your purchase price, lowering your overall taxable amount. For example, if the vehicle you buy has a sticker price of $40,000, you receive a trade-in allowance of $15,000 from the dealer. You will pay tax on the $25,000 difference and not the total price of the new car. Remember that tax laws vary by state, and your circumstances may differ. 

Here at Lynch Mukwonago, we buy all makes and models. So, all you have to do is bring it in, and we will provide a transparent cash offer that you can have confidence in. Plus, we will honor this price whether you buy from us, and it only takes 30 minutes. 

We know that consumers are extremely well educated and research their next vehicle. This is why Lynch Mukwonago has made it easy to get all the available vehicle information so you can spend less time researching and more time enjoying your purchase. So, we have made it possible for you to get your trade appraisal right from our website, or if you prefer the more traditional way of car shopping, visit us at our dealership at 282 East Wolf Run Mukwonago, WI.