We Will Buy Your Car!

If you’ve ever tried to sell a car on your own, you know how difficult it can be. At Greenway Honda of Florence, we streamline the buying and selling process and make it easy to sell your car. Have questions about what your car is worth or whether you can trade it in? We have the answers for you. Rather than post ads and meet potential buyers all over The Shoals, let us buy your car. We take care of the hard work for you and can apply the value of your vehicle toward a new Honda or towards a used car — or we can buy it outright. You don’t have to worry about posting ads or screening buyers — you just need to bring your car to us.

What Is the Trade-In Value of My Car? 

If you’re asking yourself “What is my car worth?” you’re not the only one — we want to know what your car is worth, too. Northern Alabama drivers can get an estimate after a quick inspection at Greenway Honda of Florence — but if you want to know what kind of trade-in value you’re working with, just use our trade-in calculator. Keep in mind, there are a few factors that affect trade-in value, including: 

• Mileage 
• Mechanical condition 
• Car features 
• Exterior/Interior condition 
• Market landscape 

How Do You Trade in a Car?

Once you have an estimate for your trade-in value, you’re ready for an appraisal. If you have an idea of what kind of vehicle might be looking for, you can do everything from browsing available cars to completing your trade-in and purchase deal online. Once we get some time with your car to ensure the mileage, condition, and maintenance history are in good order, we’ll make an offer.

Once we’ve examined your car, you can negotiate or accept our offer and finalize the sale. We pride ourselves on offering the fairest possible offer on trade-in vehicles, aiming to make the trade-in process transparent and simple. There are quite a few advantages to selling your car to a dealership, but the biggest one for most drivers is this: we make the trade-in process seamless, even if you still owe on your vehicle, and even if you’re upside down on your car loan. 

Value Your Trade-In: FAQs

Q: Can you trade in a financed car?

A: Yes, you can. If you have positive equity (your car is worth more than what you owe on your loan), it’s almost as easy as trading in a car you’ve paid off. If you have negative equity, you’ll need to roll over the difference in the car’s value and what you owe into a loan toward your next vehicle.

Q: How soon can you trade in a financed car? 

A: There’s no time limit that’s set in stone, but it’s a good idea to wait until you have positive equity. 

Q: What does it mean to be “upside down” on a car loan?

A: Being “upside down” on a car loan is the same thing as having negative equity. If, for example, you owe $30,000 on a car that’s worth $25,000, you have negative equity. 

Make Greenway Honda of Florence Your Automotive Partner Today! 

If you have questions about how to trade in a car that is paid off, or how to get the best possible offer, don’t hesitate to contact us online or give us a call at (256) 367-5053. While you’re here, be sure to browse our current new and pre-owned car specials to start shopping for your next great offer in Northern Alabama!