Ford Trade-Ins: Trade-In Value, Programs, & What To Know
We've compiled everything you need to know about Ford trade ins: what to expect with trade-in value, Ford's Trade-In Assist program, and when it's best to consider trading in.
When it’s time to get rid of your current car and move on to the next, you might first think of selling your vehicle. However, another option is to trade in your car for a reduced price on your next vehicle. Those interested in this endeavor with a Ford car should learn more about the trade-in value, programs, and other helpful information.
If you’re interested in learning more about all aspects of a Ford trade-in, you’re in the right place. Those who want to make money off their Ford vehicle should be prepared for the process, whether considering if Ford has a high trade-in value or determining what not to do while trading in a car. Keep reading to learn more about the trade-in process.
Do Fords Have a High Trade-In Value?
When considering participation in a Ford trade-in, it’s helpful to determine if Fords are known for their trade-in value. Although there are some areas where they struggle, such as in the SUV department, Ford is generally known for having a high trade-in value on the market. Trucks tend to be the best in their lineup for retaining their value.
According to germainfordofbeavercreek.com, several Ford cars land on top when considering options with the highest trade-in value. The Ford Expedition, Maverick, Ford F-150, and Ford F-150 seem to be the reigning champions when retaining their highest value on the market and for the previous owners.
Of course, not every Ford is equal when considering trade-in value. It’s always best to research the car you’re purchasing first to ensure a solid trade-in experience when it’s time to invest in a new machine.
DOWNLOAD THE FREE APP
The CoPilot car shopping app is the smartest way to buy a car. Get a curated list of the best cars for sale in your area, as well as notifications if a similar vehicle is listed nearby at a lower price. CoPilot is the smartest way to shop for used cars.
What is the Ford Trade-In Assist Program?
One of the coolest things you have access to if you want to trade in your Ford is the Ford Trade-In Assist Program. Essentially, this is a program available at most Ford dealerships where you can bring in your old Ford, and they will work with you to provide credit towards a new Ford from their dealership.
The Ford Trade-In Assist Program is ideal because it allows:
- A safe trading experience
- Fair pricing
- Low risk of scams
A specified program is always the best way to trade in your vehicle.
Of course, there are a few rules that come with using the Ford Trade-In Assist Program. Most locations will specify you must have owned your trade-in vehicle for at least a month, and the car must be newer than 1995. However, they accept most cars if they fit in this category - some will even take vehicles close to being totaled.
What Determines the Trade-In Value of My Car?
Let’s say you take your vehicle for a trade-in process or want to get an estimate on the value of the Ford vehicle ready for a trade. Maybe the dealership provides a value that seems lower or higher than expected. What are some of the items that determine the trade-in value of the vehicle?
According to marketwatch.com, here are a few factors that influence the trade-in value of your Ford:
- Age of the vehicle
- Condition of the car
- Mileage
- Time of year
- Equipment and packages
- Trim level
There are ample items that can influence the trade-in value of your Ford.
Of course, it’s helpful to go into the dealership with a healthy estimate of how much your trade-in vehicle will cost. The more informed you are, the easier it will be to negotiate at the dealership and speak with confidence about what you already know. Knowledge is power in any trading process.
ARE FORDS GOOD CARS?
If you’re interested, a question remains - are Fords good cars, or should you keep away from them?
When Should You Not Trade in Your Car?
Maybe you’re on the fence about trading in your vehicle, trying to decide if it’s time to trade in the machine or if you should keep it for a time. There are a few indicators you can look for if you want to know if it’s the time to trade or not.
According to kbb.com, here is when you should not trade:
- It’s worth less than what you owe
- The car you want is overpriced
In this case, you should keep your vehicle.
Essentially, you don’t want to trade in your Ford if you’re already sinking with your current selection, as the issues will transfer over to the next selection. Also, trading in won’t be worth it if current vehicles are way more expensive than when you purchased your initial machine.
What Not to Do While Trading in a Car
When going in for a Ford trade-in, there are a few etiquette tips to ponder. These will ensure you have the best experience and keep you away from errors made by newbies when trading in their Ford for the first time.
According to exit5auto.com, here are common faults when trading in a car:
- Failing to talk about trade-in plans right away
- Overestimating value/not knowing value
- Failing to seek multiple offers
- Putting ample money into showroom details
Keep these in mind before you take your car to a trade-in location.
Ensure you speak to the right person about your trade-in intentions at the dealership, and always come in with an idea of your car’s worth without overestimating the machine. Also, refrain from putting in too much money on updates to avoid wasting hard-earned cash.
THE MOST RELIABLE YEAR FOR THE FORD EXPLORER
If you’re interested in a used version of this car, you might wonder - what are the most reliable Ford Explorer years?
Is Trading in a Ford Worth It?
We’ve gone over ample features for consideration in the Ford trade-in process, from whether Ford cars tend to have a high trade-in value or what not to do when you’re trading in your machine. This leaves one final question - is it worth it to trade in a Ford selection?
If you stick with a safe trade-in program and know the value of your car, trading in a Ford is worth it. You will get a decent value to apply to your next vehicle, which means you’re investing in a discounted selection on the market. With the right dealership and information, trading in a Ford is the best option for most people.
Get a Curated List of the Best Used Cars Near You
The CoPilot car shopping app is the easiest way to buy a car. Tell us what you’re looking for and we’ll search the inventories of every dealership in your area to make you a personalized list of the best car listings in your area.
The best part? CoPilot is built using the same technology that dealerships use to buy and sell their inventories, so we have more info on each vehicle than competitors. CoPilot doesn’t work with dealerships, so there are no sponsored posts or other shady practices — just the most info on the best cars. Check out our About Us page to see how CoPilot works.
