How Do Dealers Value My Trade?

Get the scoop — and a great offer!

How Dealers Value Your Trade in Eugene, OR

Curious about how the trade-in process works? How do dealers value a model’s worth, anyway? Hyundai Eugene uses Kelley Blue Book® for an accurate, trusted offer that many of our guests from Florence, Springfield, Roseburg and Cottage Grove can’t refuse. Since Kelley Blue Book® uses a complicated algorithm that takes into consideration many factors, we thought we’d list a few below so you know exactly where that number is coming from when we make an offer for your current car, truck or SUV.

Your Vehicle’s Details

Along with the year, make and model, KBB® considers factors such as the mechanical condition (new, good, acceptable, poor), the mileage (KBB® offers are higher if the mileage is lower), exterior and interior condition and any additional features that you’ve added over time. Customization — depending on the part or package — could raise or lower your final quote.

Supply and Demand

While we take into account our current used inventory when verifying quotes in person, KBB® is influenced by real-time customers. If buyers are attracted to a specific make and model but its inventory is low, then the value of that model skyrockets. Or, for example, if gas prices go up, fuel-efficient vehicles will become more in demand, which will anchor them with a higher KBB® Instant Cash Offer.

Regional Differences

Buyers who have regionally specific values, jobs, hobbies or travel needs are typically willing to pay more for vehicles that match their needs. For example, those who live in the suburbs but have a long commute will pay more for a fuel-efficient sedan that can fit in tight parking spaces. Those who have construction jobs or require a large payload will pay more for a hefty pickup truck, but avoid smaller cars since they aren’t as capable. Live in the mountains or hike often? Models with reliable 4×4 drive systems will be popular (and have higher trade-in values).

Ready to upgrade your vehicle? We can help. Value your trade online today! If you agree with your quote, head down to Hyundai Eugene at 89320 N. Game Farm Road, Eugene, OR 97408 to have your quote and vehicle verified in person. If you have any further questions, contact us and we’ll be in touch shortly. We look forward to serving our customers from Florence, Springfield, Roseburg and Cottage Grove.