We're the Consumer Financial Protection Bureau (CFPB), a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly.
How can I find out what my trade-in vehicle is worth?
Answer:
You can look up the approximate value using online commercial websites such as the Consumer Reports, Edmunds, Kelley Blue Book, NADA Guides and online classifieds. These resources may be available at your local library. Finding examples of similar vehicles that have sold recently in your area will help you know a fair price.
Once you know how much your current vehicle is worth, you can decide whether to trade it in or sell it yourself. If you trade it in at a dealership, you and the dealer will decide on the value that will be credited towards the purchase price of your next vehicle. If you sell it yourself, you can use the money you get as a down payment.
The content on this page provides general consumer information. It is not legal advice or regulatory guidance. The CFPB updates this information periodically. This information may include links or references to third-party resources or content. We do not endorse the third-party or guarantee the accuracy of this third-party information. There may be other resources that also serve your needs.
