When to Trade In or Upgrade in Roanoke, VA

When to Trade or Upgrade Your Vehicle in Roanoke, VA

At some point, every driver begins to consider the ideal time to upgrade their vehicle. Maybe your needs have changed, or you’re ready to experience something new behind the wheel. At Mercedes-Benz of Roanoke, we talk to drivers every day who wonder if now is the perfect time to make a change. If that sounds like you, this guide can help you decide when it makes the most sense to trade or upgrade your car.

Signs It’s Time to Trade Your Vehicle

These points can help you decide if trading in your car makes sense right now.

Your Warranty Is Ending Soon

A smart time to consider trading your vehicle is before your warranty coverage expires. Once your warranty runs out, you’ll have to pay for any repairs out of pocket. Bumper-to-bumper warranties usually last around three years. Powertrain coverage has a longer duration. You may get more value for your trade if it’s still under warranty, so it’s worth checking the warranty status of your vehicle.

Mileage Is Starting to Add Up

Mileage matters when it comes to trade-in value. Vehicles with lower mileage tend to hold their value better. If you’re putting more than 25,000 miles on your vehicle each year, your trade-in value may drop faster than you expect. Trading it in before it crosses major mileage milestones can help you get a better offer.

You’ve Built Up Value in Your Car

If your car’s value is higher than your remaining loan balance, it could be a great time to trade it in. This extra value, also known as positive equity, can lower the cost of your next purchase. But if you’re still paying your current loan, that’s not an issue. It’s common for drivers to trade in a vehicle that isn’t fully paid off yet. Your dealership will help you figure out what makes the most sense based on your payoff amount and the value of your current car.

When to Think About Upgrading

Timing plays a big role when moving to a new vehicle. Keep these tips in mind as you plan your upgrade.

New Models Create Great Timing

When new models start to arrive, dealerships need to make space for them. That means they are often more motivated to work with you on pricing for the remaining in-stock vehicles. If you’ve had your eye on something specific, this may be the right time to upgrade to a new model with advanced features, updated technology, and improved performance.

Year-End Sales Events Offer Strong Value

At year’s end, many dealerships offer discounts to clear out current-year inventory. If you’re considering upgrading your vehicle, shopping during a year-end event may lead to a better deal. It’s also a chance to check out current models before next year’s line arrives.

Take Advantage of Month-End Opportunities

The end of the month is also a great time to shop for your next vehicle. That’s when dealerships are working to close out monthly goals, and you might find more flexible pricing or extra incentives. If you’re considering your next car, timing your visit during this window could be a smart move.

Work with Mercedes-Benz of Roanoke

Choosing when to make your next move depends on your needs, your timing, and your goals. Whether you’re interested in trading in your current car or upgrading to a newer model, Mercedes-Benz of Roanoke will help you through the process. If you’re not sure whether it’s the right time to trade in or upgrade, we’ll walk you through your options and help you make an informed decision.

Visit us at our location to explore our lineup of luxury vehicles, from the sleek C-Class sedan to the versatile GLE SUV. As your trusted Mercedes-Benz dealership in Roanoke, VA, we’re proud to offer a smooth and transparent experience every step of the way.

Stop by today or start your trade-in online, and drive home in the vehicle that fits your life now and for the miles ahead.