Your Trade-In Questions, Answered

Aug 27, 2026

Close-up of a sales person's hand handing over car keys.

Trading in your vehicle should feel like a helpful step toward your next purchase, not a confusing extra hurdle. We know the process can bring up a lot of questions, so we put together some vehicle trade-in FAQs to help make things feel a little easier. If you are ready to see what your current vehicle might be worth, our trade-in tool is a great place to start.

Key Points

Trading in a vehicle starts with getting an estimated value and confirming those details in person. From there, that value can be applied toward your next purchase.

You can trade in a leased vehicle, and any positive equity can be applied toward your next purchase.

Getting an accurate trade-in value starts with an online estimate followed by an in-person evaluation based on mileage and market trends.

How Do I Trade In a Vehicle?

Great question, and the process is more straightforward than most people expect. Here is a general idea of what to expect:

Get an estimated value for your vehicle using an online trade tool or an in-person appraisal

Bring your vehicle in so our team can take a closer look and confirm the details

Apply that value toward your next purchase, whether financing or leasing a new vehicle

Finalize the paperwork alongside your new vehicle purchase, all in one visit

What Do I Need to Trade in My Vehicle?

Coming prepared can help speed things along on the day of your appointment. A few things worth bringing with you:

Your vehicle’s title, or loan information if you are still making payments

A valid driver’s license

All sets of keys and any remotes that came with the vehicle

Maintenance records, if you have them, since they can sometimes support your vehicle’s value

Can You Trade in a Leased Vehicle?

Yes, and this is one of the questions we hear most often. If you are still under a lease, you can absolutely trade it in before your term ends. A few things to keep in mind:

Your dealership can pay off the remaining lease balance as part of the transaction

Any positive equity, meaning your vehicle is worth more than what you owe. This can be applied toward your next vehicle.

If your vehicle is worth less than what is owed, that difference may be rolled into your new financing

It is worth checking with your leasing company beforehand so there are no surprises

How Do You Find the Trade-In Value of Your Vehicle?

Getting an accurate number starts with a quick online estimate, followed by an in-person evaluation. Our team looks at things like mileage and current market trends to give you a fair, honest number. Once you have an idea of what your vehicle might be worth, it is a great time to explore your next steps. Whether that means applying for financing or getting pre-qualified before you even step onto the lot.