Yes. We do take trades whether paid for or not.

When you have negative equity, it is usually the combination of paying too much for the vehicle as well as carrying over from your last purchase. We are experts when it comes to getting you a clean slate. We offer you a below wholesale price to offset the negative equity on your vehicle so you can quality for a bank loan.

We use variety of sources to appraise trade ins. As a general rule please check kb trade in to determine the value of your trade in. We typically pay between fair and good as long as the condition of the vehicle is good to excellent. Also, we maintain the right to give more or less depending on a test drive and other factors.

Your trade affects the taxes due. If you have equity in the vehicle, that value will offset the cost of your new vehicle and you will be taxed on that reduced price. For example, say you trade in your current Toyota and receive a trade-in value of $5,000, then you buy a new car for $30,000 — you’ll pay a sales tax on the remaining $25,000.