Can You Trade In a Car with the Check Engine Light On?
The Answer is Yes, but…
In most cases, you can trade in a car with the check engine light on. However, there are a few things you should keep in mind.
The Value of Your Car Will Be Lower
When you trade in a car with the check engine light on, the dealer will likely offer you less money for it. This is because the check engine light indicates that there is a problem with the car that needs to be fixed. The dealer will have to factor in the cost of repairing the car when they determine how much they are willing to give you for it.
You May Have to Pay for Repairs
In some cases, the dealer may require you to fix the problem with the car before they will accept it as a trade-in. This could cost you hundreds or even thousands of dollars, depending on the severity of the problem.
It’s Important to Be Honest
It’s important to be honest with the dealer about the check engine light. If you try to hide the fact that the light is on, the dealer may find out later and they may not be willing to give you as much money for your car.
How to Get the Most Money for Your Car
If you want to get the most money for your car, there are a few things you can do:
- Get a diagnosis. Before you take your car to the dealer, take it to a mechanic to get a diagnosis. This will tell you what is causing the check engine light to come on and how much it will cost to fix it.
- Get the repairs done. If the cost of repairs is relatively low, you may want to get them done before you trade in your car. This will make your car more valuable and you will be more likely to get a higher trade-in value.
- Shop around. Don’t just accept the first offer you get from a dealer. Get quotes from several dealers before you decide where to trade in your car.
Conclusion
Trading in a car with the check engine light on is possible, but it’s important to be aware of the potential drawbacks. By following the tips above, you can get the most money for your car and avoid any surprises.
