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Kelley Blue Book LLC
If you must trade in your car, here's how to get the most for it
If you must trade in your car, here's how to get the most for it

The best advice about trading in your car is to avoid it. You'll always get more money selling it on your own, sometimes thousands more. A quick tour of Kelley Blue Book's KBB.com used-car valuation service shows you why. Take a 2010 Honda Accord EX sedan in "very good" condition with 50,000 miles on the odometer and see what it is worth. Kelley says that the trade-in value is $13,054 and that it would sell to a private party for $14,549. That's a $1,500 difference, but the gap could be bigger because many dealers don't offer the full Kelley Blue Book trade-in value. They try to buy at low wholesale and sell at the top retail price. Trading in a car also complicates the purchase of a...

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