How Much Can I Get for My Trade-In?
We want to buy your car or truck! You might get more money for it than you expect.
Discover the value of your vehicle in just a few clicks with the Carfax Instant Trade In Estimator tool! It's a simple and fast way to find out how much your car or truck could be worth.
| Days | Hours |
| Monday | 9:00AM to 7:00PM |
| Tuesday | 9:00AM to 7:00PM |
| Wednesday | 9:00AM to 7:00PM |
| Thursday | 9:00AM to 7:00PM |
| Friday | 9:00AM to 6:00PM |
| Saturday | 9:00AM to 5:00PM |
| Sunday | Closed |
Enjoy the simplicity of car buying at Humberview Chevrolet Buick GMC. One way to reduce the cost of purchasing a vehicle is to trade in your current one. If you sell us your car, you won’t have to become a private seller and you can use the value towards your vehicle purchase from us. Additionally, you won’t have the stress of a private seller because we’ll deal with advertising and screening potential buyers until it’s sold.
Here are some of the factors that affect a trade-in value:
- Mileage
- Vehicle Make, Model, Age, Features
- Mechanical Condition
- Exterior/Interior Condition
- Market Demand in/around Toronto
How Do I Trade In My Car
When you’re ready, call us at 1-647-799-2591 or complete our Trade-In form to get started. Once we receive your information, a team member will reach out to you to schedule an appointment to come into the dealership. During your visit, we’ll carefully examine the condition of the vehicle. If we determine it is the right fit for our inventory, we’ll make you an offer - and you can accept or negotiate, then complete the sale. At Humberview, we’ll provide you with a fair and competitive trade-in value and the transparent experience you deserve.
By selling to us, benefits will also include the following:
- Save time and effort - you don’t have to worry about posting ads, answering calls or emails and setting up test drives until your car is sold.
- Trade-in a car with an outstanding loan - if you are “upside down” on your car loan, we can help you consolidate the balance of your current vehicle with the price of your new one.
Frequently Asked Questions About Trade-In Appraisal
Yes, you can. We will determine the value of your trade against the amount remaining on your loan. If you have negative equity (owe more than the car’s value), the balance will be added to your new loan. But if you have positive equity (car is valued higher than the loan), it will be deducted from your new loan.
If you have negative equity, it’s considered “upside down” on a car loan because your vehicle is valued less than you owe. An example would be if your car loan is $35,000 and the vehicle is worth $30,000, then you would have $5,000 of negative equity.
You can trade in your financed vehicle at any time. Although, waiting until you have positive equity is most beneficial for you.
