Archive for October 12, 2017

How Is Trade-In Value Determined?

How Is Trade-In Value Determined? - Larry Jay Mitsubishi BlogWhen you’re ready to buy a new car, one option is to trade in your old one to cover part of the new car’s price. If you’re planning to get rid of your old car anyway, this can be an easy, convenient way to do so. In addition to getting the price taken off of your new purchase, you also have nothing to worry about in terms of liability because the dealer takes care of everything. However, the trade-in value of your car will often be slightly lower than the value of reselling the car on your own, but this difference in value is worth it to many for the sake of convenience.

The trade-in value itself depends on several factors—the same type of factors one would consider when buying a used car. These include make and model, year, mileage, and condition. If you want to figure out what your trade-in value will be, you should start by getting an idea of the car’s market value. You can do this by using a resource like Kelley Blue Book where you will enter the details about your car’s condition. This resource can give you a good idea of what people are paying for a car similar to yours across the board and should give you an idea of what to expect as a trade-in value as well.

To learn more about trade-in value and other financial questions, call us at Larry Jay Mitsubishi.

2018 Mitsubishi Mirage G4 Preview

2018 Mitsubishi Mirage G4 - Larry Jay Mitsubishi BlogFor years now, the compact Mitsubishi Mirage hatchback has been an efficient choice for drivers. But starting just last model year, the company introduced the new Mitsubishi Mirage G4, a sedan version of the extremely affordable compact hatchback. The 2018 Mitsubishi Mirage G4 is just as efficient, just as affordable, and features the same package of useful features as its five-door sibling.

 

In fact, one of the most exciting updates to the new model year for the 2018 Mitsubishi Mirage G4 is its new standard features. You can now expect a seven-inch touchscreen, a rearview camera, keyless entry, and Bluetooth® wireless connectivity in every model. The 2018 Mitsubishi Mirage can also be equipped with Apple CarPlay and Android Auto smartphone connectivity.

Additional updates to this model year also include a convenient pass-through trunk, making the cargo space in this compact car even more versatile. Steering wheel-mounted audio and phone controls give the Mitsubishi Mirage G4 a modern and thoughtful addition to enjoy on every ride.

We think that everyone who spends their time driving in urban settings or anyone who loves an excellent deal will find that this sedan is a perfect fit. Take the new 2018 Mitsubishi Mirage G4 for a test drive and fall in love with its comforts and conveniences at Larry Jay Mitsubishi.