Sell or Trade Your Car Lorain, OH

Differences Between Selling and Trading in Your Vehicle

Selling and trading in your vehicle might seem the same on the surface, but there is a key difference that’s important to know about so you can make the right decision for you.

Selling your vehicle is how it sounds. You make some money! You bring your vehicle to the dealership and they’ll offer you some money for your car. You take the offer and walk away with a check in your pocket.

When you trade in your vehicle, the money you make from trading in your car goes towards a new vehicle you’re buying or leasing from the dealership. This can be a new vehicle or a used car. The money you’re offered from the dealership acts to help you pay off your new vehicle, often as part of a down payment. You don’t walk away with a check but drive away in a new car that’s a little more paid off with the help of your old ride.

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How to Sell or Trade Your Vehicle

The first step to selling or trading in your vehicle is to find out how much your car is worth. This tells you what to expect when you receive an offer from a dealership. To help you figure this out, use the Value Your Trade tool on our website!

Once you’ve done that, bring the vehicle to our dealership. Someone will look it over and maybe give it a test drive. Then you’ll receive an offer for your car.

If you’re trading in your vehicle, you’ll do that at the same time you’re choosing your next ride. Like when you’re selling it, someone will look over the vehicle, appraise it, and make you an offer for it. The difference is that when you accept the offer, the money will go towards your next car instead of a check that goes into your pocket.

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Lakeside Delights

Lorain has wonderful lakeside views with many different ways to take them in, whether by going to the beach or walking the fishing pier.

You can even get great views from local businesses and restaurants, like the Boiler Room at the Shipyards. The Shipyard is a historic shipyard renovated into a restaurant, event space, and coffee shop. The Boiler Room is a pub with great good and cold beers.

If you want to dig into some seafood or steak on the water, the Erie Steak and Seafood Co. is the place for you. At the Oasis Marina, the restaurant offers panoramic views of the lake while you enjoy jumbo shrimp or filet mignon.