Colonial Buying Center

The Colonial Auto Group Buying Center will buy your car whether you buy a vehicle from us or not. We will give you a minimum of $500 over any offer from CarMax or Carvana! Our on-site buying center will make the process of selling your car fast and easy where you can get paid the same day in 60 minutes or less if you have your title in hand. This is a similar process as KBB buying center, using industry accredited tools to find the best value for your vehicle. Start by entering your car information below and get your instant cash offer today. We can even pick up your vehicle from home or work. Colonial Auto group is your one stop shop for selling or trading your vehicle in the New London CT area.

WE BUY, EVEN IF YOU DON'T

If you want to sell your car, we will give you an offer. You don't even need to buy from us!

QUICK EASY PROCESS

We'll have a written offer on the table in no time. Not just an estimate. Same day checks available with title in hand.

THE BEST OFFER AROUND
The price we'll give you is going to be the best you'll get. We pay fairly.

"It was super easy selling my vehicle to the Colonial Buying Center in New London. Tony Rossano took care of everything I was in and out in less than an hour and then he even gave me a ride home!"

Edwin Buzzetta

New London CT

Why Sell or Trade In Your Car with Colonial Chevy?

Shopping for your next set of wheels should be an exciting prospect, with your enthusiasm not dulled too much by worries such as financing your next purchase or how to sell your existing vehicle.

Our article helps answer your questions like "Is there a trade-in car near me?" or "Where to sell a car near me in New London, CT?"

How to Sell Your Car in New London, CT

Vehicle owners looking to sell their car in New London, CT, have a couple of options to consider.

Owners can choose to sell their vehicle online on platforms like AutoTrader, trade it in at a dealership, or sell it to a private buyer. The option of selling online is convenient and allows owners to reach a wider audience, or owners can consider selling their vehicle privately.

Both these options do, however, come with several potential pitfalls. These include personal safety concerns, potential financial losses from scammers, the time investment required to meet with potential buyers, and the challenge of the required legalities and associated paperwork.

Sellers need to be acutely aware of these very real risks before deciding to sell their car independently.

Thankfully, there is Colonial Chevy conveniently located in New London, CT, which will help you avoid all these potential pitfalls.

How to Trade In Your Car in New London, CT

Trading in your old vehicle for a new set of wheels is the easiest and most hassle-free way to get out of your old car and get in the driver's seat of a new vehicle.

Trading in a vehicle is a relatively fuss-free process when dealing with a respected and professional dealership such as Colonial Chevy in New London, CT.

To kick-start the process of trading-in a car in New London, CT, you will first need to get an idea of your car's resale value by researching resources such as the Kelley Blue Book®, along with determining any outstanding finance amounts to gauge whether a new vehicle is indeed in your future.

It's always best practice to prepare your vehicle for a potential trade-in by cleaning it thoroughly to get the best possible appraisal. Owners will then need to contact the dealership to schedule an appraisal.

After having assessed your vehicle, the dealership team will make a trade-in offer. Owners can thereafter accept or negotiate for a better offer.

Generally speaking, dealers, to secure a new vehicle purchase deal, will be more willing to negotiate a better offer with owners who are trading in to buy a new vehicle than simply taking a vehicle off your hands.

How Does Kelley Blue Book® Value a Trade-In?

Dealers and private individuals alike use the well-known and utilized Kelley Blue Book® to determine trade-in values by looking at various factors related to a specific vehicle, along with current U.S. car market trading conditions.

Kelley Blue Book® entails a detailed assessment process that takes into consideration such information as your vehicle's year model, brand, model, and trim level, mileage, mechanical and interior and exterior condition, any fitted manufacturer options and packages, as well as regional variations.

Kelley Blue Book will also factor in considerations such as the supply and demand of your particular model, historical buying and selling trends, as well as any local market influences to provide sellers with an objective and fair trade-in value.

Can I Put My Trade-In Towards a New Vehicle?

The short answer is yes. However, a vehicle dealership is not obligated to take just any vehicle.

While most car dealerships facilitate trade-ins to encourage sales, they are not legally required to trade in a vehicle.

A trade-in offer depends on various factors such as the dealership's inventory requirements, the condition and market value of your trade-in vehicle, and, of course, the potential for a profitable deal.

Choosing Between Selling and Trading In

The choice between selling and trading in your car in New London, CT, depends entirely on your needs and willingness to deal with the added hassles of trying to sell independently.

Selling independently will fetch you a better price than a trade-in deal. However, bear in mind the relative ease of doing a trade-in deal on your next car.

FAQs

We provide answers to some common questions regarding selling and trading.

How Do I Determine the Value of My Car?

As mentioned, using the Kelley Blue Book or CARFAX can help you estimate the value based on your particular car's information.

Colonial Chevy in New London, CT, offers a convenient online trade-in valuation page on their website.

There's also nothing stopping you from shopping around to get the best trade-in appraisal from a dealership.

How Long Does the Selling or Trade-In Process Typically Take?

Selling a vehicle or trading in at a dealership is relatively hassle-free and should be concluded within a few hours, depending on various factors such as your vehicle's condition, the particular model, and the dealer's current inventory, which will influence their decision.

What Paperwork Do I Need to Sell or Trade In My Car?

To sell your car in New London, CT, or trade it in, owners will need to provide paperwork that includes the vehicle title, registration, proof of insurance, and the keys.

Although not a legal requirement, a bill of sale is also often recommended.

How Do I Prepare My Car for Sale or Trade-In?

Before visiting your dealership, be sure to prepare your car for sale or trade-in by making it look its best both inside and outside and by having all the necessary paperwork on hand.

What Are the Benefits of Trading In My Car?

There are several benefits of trading in your car, with the simplicity of the process being the primary factor when buying a new set of wheels.

A trade-in in New London, CT, also eliminates all the hassles of trying to sell a car privately.

How Does Trading In My Car Affect My Loan or Lease?

The dealership will use an accepted trade-in offer value to pay off your original loan.

If you have a shortfall on the outstanding balance, a dealership may negotiate this shortfall into the loan for your new vehicle purchase.

Can I Trade In a Car That Is Not Paid Off?

Yes, if you still have an outstanding balance, the dealership team will pay off the loan and can apply the outstanding balance to your new vehicle purchase.

Explore Our New and Used Car Inventory

Colonial Chevy offers not only a vast selection of both new and quality pre-owned vehicles for shoppers to view and test drive, but our dealership team will provide you with an exceptional customer service experience. Contact us today.