Trim Levels & Options on Your Car Affect Trade-In Value
How Trim Levels & Options on Your Car Affect Trade-In Value
Before you decide to trade in your vehicle, an excellent question to ask yourself is: What is the current book or trade-in value? This question is crucial as it will decide your vehicle’s worth when selling.
However, this value will only be approximate, and the total price offered after the sale will depend on different factors like your vehicle’s trim level and the options you picked.
So, read on to learn what trim levels and options are, how they can affect your car’s trade-in value, and how dealerships like Yonkers Auto Mall can assist you with a trade-in.
What Are Trim Levels And Options On A Car?
Understanding the ins and outs of trim levels and options can significantly enhance your car-buying experience.
Options differ from trim levels since they typically include a few features, whereas trim levels usually carry a more extensive variety of corresponding equipment. Keep reading for a more in-depth explanation of trim levels and options.
Trim Levels
Vehicle trim types or levels often refer to a selection of pre-packaged features for a specific vehicle. Base models of trims are usually cheaper and carry a standard offering, including the lowest number of features.
These trim levels typically do not add much to trade-in value unless manufactured in lower quantities. Therefore, you can expect higher-level trims, with extra features like performance enhancements and technology, to have a more significant trade-in value.
Options
Standard features are those that most buyers prefer in a secondhand trade-in. In comparison, options go beyond the typical equipment built into a car.
These optional extras add to a vehicle’s trade-in price and desirability and often include dealer-installed options like floor mats, cargo dividers, roadside emergency kits, roof racks, and more.
How Do Trim Levels & Options Affect Your Car Trade-In Value – Summary
Trims
Your vehicle trim level plays a vital role in your car trade-in value, as it highlights which features come included with the vehicle. For instance, specific features like locks and power windows may reflect a lower trim level and trade-in, whereas a higher trim level will come equipped with all the added extras, helping you secure a higher trade-in.
Options
Options that are standard on a specific trim level will likely affect the trade-in value less than those with options available as upgrades. As a result, cars with specific options already equipped are more common, so there is a lower demand when trading them in, and you won’t get as much and vice versa.
Speak With The Experts At Yonkers Auto Mall To Discover Your Options
Do you need help understanding trim levels and options on your car when trading it in? If so, visit us at . We’re always looking for new inventory for our dealership floor. Whether you are looking to sell or trade-in your current vehicle, they can help. Contact us today to learn more about our trade-in process.
