Automotive Expert: Forbes Waterloo Toyota

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Tip of the month

When you are preparing to trade in your car, make sure you spend a little extra and get the car professionally cleaned on the interior and exterior. Believe it or not it could make as much as a $1000 difference in the offer from the dealer.

Most recently answered questions

What is my trade worth?

In order to determine the appropriate value of a trade-in, there are many factors to consider. There are no cut and dry answers to this age old question. Here are a few determining factors that dealers consider when appraising a trade.

Year and kilometers
Condition
Supply and demand
Service history
Damage/Accidents
Rust protection applications
Warranties
Wholesale vs retail pricing
Time of year (sports cars in winter, etc)
Smokers vs non-smokers
Cleanliness
One owner vs multiple owners

These are a few factors when determining trade values. So bottom line is, the better you take care of and service your car, the higher the trade value will be.

What are the benefits of leasing a vehicle?

Leasing affords you the lowest monthly payment as you are only paying on a portion of the vehicle. Therefore, you can afford to drive a better model vehicle and have full warranty coverage while you are enjoying your new vehicle. 6 out of 10 people lease their new vehicle, you should too!

Why buy an import rather than a domestic?

1.Quality, fewest number of problems after taking delivery

2.Resale value, check it out. Check a three year old domestic and a three year old import and find out for yourself.

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