The automotive industry has taken a drastic shift in light of the microchip shortage affecting global supply chains. While this challenge might deter people from buying a new car, you can make a rewarding investment by trading in your vehicle.
Not everyone knows how to handle change, so set yourself apart by reducing the costs of a new ride with your trade-in's value. Here are a few reasons to trade in your car at your Capitaland Motors dealership in Glenville NY.
Car Values Are Rising
If you've noticed the prices of products rising, it's not just you. Sectors such as the car industry have suffered higher values over the past few months. To make this trend work for you, here are a few things you need to know about the context of rising rates.
Beware the Chip Shortage
Over the past year, the demand for microchips has skyrocketed since these devices help power various goods. Video games, kitchen appliances, and even cars now require microchips to function. This vast spectrum has put a strain on microchip supplies.
Increased demand for chips across countless industries has resulted in the chip shortage we see today. Production hasn't been able to keep up with the enormous consumption of this material, which has dealt a blow to the automotive industry.
Plan for Low Vehicle Availability
Without enough microchips to produce more models, car dealerships and manufacturers are experiencing disruptions in supply chains. You'll notice the effects in the form of specific models being hard to come by these days.
Following this scarcity, the values of remaining vehicles have risen to counter dwindling numbers of cars. While some drivers see this as a sign to hold off on purchasing a new model, these patterns can also serve as an opportunity.
New cars remain accessible when you lighten the load with a trade-in value. If you have a model you're interested in selling, this is the perfect time to make your move.
Trade-Ins Are Convenient
There's nothing more satisfying than driving home in a new set of wheels, but that feeling gets amplified when you secure a top-notch ride for an even better rate. It's the feeling that comes when you take advantage of trade-in benefits.
Receive Easy Money
After trading in your car at Capitaland Motors, you can apply the amount you receive toward payments for your next model. Creating a terrific deal for yourself is as simple as that, and you can realize this dream in a few quick steps.
Enter a few details about your vehicle into our online tool, and our team of professionals can value your trade for you. Once you know your car's value, you can then start planning next steps to purchase your next ride for an excellent rate.
Reduce Future Installments
Financing or leasing a new vehicle becomes much more enjoyable when you can look forward to lower rates. Having applied your appraisal toward your car payments, you can reduce your monthly installments and set yourself up for success.
The future looks bright with fewer costs to consider. It's yet another reason you should trade in your vehicle at Capitaland Motors.
Capitaland Motors Is Dependable
Because we provide first-class service at every stage of the car-buying process, we've earned the trust of the people in Schenectady and beyond. You couldn't make a safer decision than trading in your car to Capitaland Motors in Glenville NY.
Our team of professionals boasts industry expertise and years of experience. We'll provide a fast and accurate appraisal, take care of the details, help you select your next ride from our new or pre-owned inventory, and craft a finance plan for you.
While the world worries over the shortage of microchips and cars, you'll remain confident knowing that your Capitaland Motors team has your back.
Trade in Your Vehicle at Your Capitaland Motors Dealership in Glenville NY
Savvy customers know how to transform what seems like a loss into a major gain. If you're ready to take advantage of trade-in perks at an opportune time, then jumpstart your car journey by visiting Capitaland Motors in Glenville NY today.