What Documents Do I Need To Trade In My Car?

trade

Are you thinking about upgrading to a new Lincoln vehicle? If so, trading in your current car for a new model at Lincoln of Lafayette would be a wise choice. When you go this route, you can put the value of your current vehicle toward your next car, reducing the overall amount you're responsible for, whether you plan to finance or lease. A question you might have in mind is, "What paperwork do I need to trade in my car?"

Finance Center Value Your Trade

In this guide, our finance team will go over all the documents you need to complete your trade-in, as well as answer common questions such as:  

  • Do I need my title to trade in my car? 
  • Can you trade in a car without a title? 
  • Do you need registration to trade in a car? 
  • Can you trade in a car with expired registration?

 

Learn everything you need about trade-in documentation with Lincoln of Lafayette below.

Documents You Need To Trade In a Car

The types of documents required to complete a trade-in will vary depending on the state and the dealership. That said, if you plan on trading in your car near Frankfort, you generally only need the car title and registration. To get the most for your vehicle, however, you may consider bringing in your vehicle's maintenance records to show you've kept up with routine services throughout your ownership. 

Trade-In Documents FAQ

Do I Need My Title To Trade In My Car?

Yes, you do need a title to trade in your car. A car's title proves ownership and, without it, the dealership cannot verify that the vehicle is yours to sell. If your title has a secured party listed, you'll also need to bring the payoff letter or get a payoff amount from the lender and their contact information. 

Can You Trade In a Car Without a Title?

No, you cannot trade in a car without a title. If you've lost your title, visit the DMV and fill out an application to receive a new title. The new title will need to be in your hands in order to complete the trade-in. 

Do You Need Your Registration To Trade In a Car?

Those who plan on transferring their license plates to their new vehicle will need their registration to trade in their car. However, it is possible to trade in a vehicle without registration, but you may receive less money for your trade-in as a result. 

Can You Trade In a Car With Expired Registration?

Yes, you can trade in a car with expired registration. That said, driving around West Lafayette without up-to-date registration is illegal, so you'll either need to find a legal way to transport your car to the dealership or renew the registration. 

Trade Up Your Vehicle At Lincoln Of Lafayette

Now that you know what documents you need to trade in your car, what's next? If you are ready for the next step, get in touch with our team or visit our Lafayette dealership. Our team will guide you through the rest of the process and help you get the keys to your new Lincoln vehicle.