Know the Trade Before You Make It

Before an owner hands over the keys to the outgoing car at the dealership, it helps to understand how a trade actually works. Car and Driver has laid out how the exchange works so that an owner can set a sensible figure for the car they are parting with. The same understanding also answers a more basic question: whether trading in is the right move for that owner at all. For readers from Naples to Aspen thinking about their next car, this is homework to do before sitting down at the sales desk.

With reporting from Car and Driver.