5 Locations
(815) 725-0850
Trade-Ins Work at Your Choice Autos
Table of Contents
- At Your Choice Autos, a prominent used car dealership in Illinois with locations in Crestwood, Elgin, Elmhurst, Joliet, and Waukegan, trading in your vehicle is designed to be straightforward and customer-friendly. Here's how the process works.
- đźš— How Trade-Ins Work at Your Choice Autos:
- As of January 1, 2022, Illinois law allows you to receive a full tax credit on your trade-in value. For example, if you're purchasing a car for $40,000 and your trade-in is valued at $20,000, you only pay sales tax on the $20,000 difference. This change eliminates the previous $10,000 cap on trade-in tax credits, potentially saving you hundreds or even thousands of dollars.
- đź“ť Tips to Maximize Your Trade-In Value:
- đź“Ť Your Choice Autos Locations in Illinois:
At Your Choice Autos, a prominent used car dealership in Illinois with locations in Crestwood, Elgin, Elmhurst, Joliet, and Waukegan, trading in your vehicle is designed to be straightforward and customer-friendly. Here's how the process works.
đźš— How Trade-Ins Work at Your Choice Autos:
- Get a Free Trade-In Estimate: Begin by visiting the Your Choice Autos trade-in page. You can input your Vehicle Identification Number (VIN), license plate, or your car’s year, make, and model. This provides an instant estimate of your vehicle's value.Â
- No-Obligation Offer: Your Choice Autos offers a no-pressure approach: they'll purchase your car even if you don't buy one from them. This flexibility allows you to sell your vehicle outright or apply its value toward another purchase. Â
- Visit a Dealership Location: After receiving your estimate, bring your vehicle to one of their Illinois locations for an in-person appraisal. A representative will inspect your car and provide a final offer based on its condition and market value.Â
- Complete the Trade-In: If you accept the offer, you can choose to receive payment or apply the trade-in value toward another vehicle from their extensive inventory. Your Choice Autos handles all necessary paperwork, ensuring a seamless transaction.
- đź’° Illinois Trade-In Tax AdvantageÂ
As of January 1, 2022, Illinois law allows you to receive a full tax credit on your trade-in value. For example, if you're purchasing a car for $40,000 and your trade-in is valued at $20,000, you only pay sales tax on the $20,000 difference. This change eliminates the previous $10,000 cap on trade-in tax credits, potentially saving you hundreds or even thousands of dollars.
đź“ť Tips to Maximize Your Trade-In Value:
- Prepare Your Vehicle: Clean your car thoroughly and address minor repairs to enhance its appeal.Â
- Gather Documentation: Bring maintenance records, the title, and any loan payoff information.Â
- Research Market Value: Use tools like Kelley Blue Book or Edmunds to understand your car's worth and support your negotiations.Â
- Negotiate Separately: Discuss the price of your new vehicle before negotiating your trade-in.Â
đź“Ť Your Choice Autos Locations in Illinois:
- Crestwood: 14112 Pulaski Rd
- Elgin: 881 E Chicago St
- Elmhurst: 530 W Grand Ave
- Joliet: 1506 W Jefferson St
- Waukegan: 2741 Belvidere Rd
What's your car worth?
Get your trade-in valueCheck out our new arrivals
