Should I trade in my vehicle or sell it myself?

Breck often tells customers that it would be better for them, financially, to sell their vehicle privately than to trade it on a new vehicle. But how is that distinction made? Breck says it's fairly simple.

My trade in is worth HOW much!? Part two.

Last time, we talked about some factors that do and do not affect the actual value of a trade in vehicle to a dealer, such as mechanical condition or aftermarket accessories. Another factor that may cause a shopper to ascribe more value to their trade in vehicle than it is actually worth is what is known as the "endowment effect."

My trade in is worth HOW much!?

Often, society and status can influence our perception of how valuable something is. This happens with vehicles a lot. Vehicle owners make upgrades and adjustments to fit their personal preferences or to gain status or attention, and expect these changes to raise the value of their vehicle.

Many times, however, we have shoppers who are looking to trade in their vehicle and are surprised by how much the number they have in their head differs from the actual appraisal value.

Breck Leaves for Leedom Group Session

Breck just walked out the door to begin his semi-annual trip to sunny Orlando! While he's in the sunshine state, he'll meet with a group of quality-minded dealers to learn how to bring even more value to our customers. We pray for a safe drive for him, and we'll see him back on Tuesday. We don't begrudge him even one minute of his mostly clear weekend, either. In the mean time, Blake and Steve will both be here to help you find the vehicle that fits you best.

For more information on the Daniell Motors family, and to find your own vehicle, visit DaniellMotors.com.

Questions? Comments? Concerns? We'd love to hear them. Tell us what's on your mind in the comments!

DM Honored by ASC Warranty as Quality Dealer for 2013

Daniell Motors was named one of ASC Warranty, Inc.'s Quality Dealers of the Year for 2013! "This top honor is given to those dealers that do an outstanding job of providing high-quality and mechanically sound vehicles to their customers. For over 26 years, ASC Warranty has provided select dealers and their customers across the nation with the best warranty and service agreement administration." In the picture: Steve Daniell, ASC's Jerry Powers, and Breck Daniell. We are honored to hold this recognition and will strive to keep the same standard of excellence in the future!

For more information on the Daniell Motors family, and to find your own vehicle, visit DaniellMotors.com.

Questions? Comments? Concerns? We'd love to hear them. Tell us what's on your mind in the comments!