Trade-In Car with Check Engine Light

Should You Trade In a Car with a Check Engine Light On?

If you’re thinking about trading in your car, you might be wondering if you should get the check engine light fixed first. The answer to this question depends on a few factors, including the severity of the problem, the age and mileage of your car, and the trade-in value of your car.

If the check engine light is on due to a minor issue, such as a loose gas cap or a faulty sensor, it’s probably not a big deal. You can likely get the problem fixed for a few hundred dollars, and it won’t significantly affect the trade-in value of your car.

However, if the check engine light is on due to a more serious problem, such as a transmission issue or a blown head gasket, it’s a different story. These types of problems can be expensive to fix, and they can significantly reduce the trade-in value of your car.

How to Determine the Severity of the Problem

If you’re not sure how serious the problem is, you can take your car to a mechanic for a diagnosis. The mechanic will be able to tell you what the problem is and how much it will cost to fix it.

Once you know the severity of the problem, you can decide whether or not to get it fixed before trading in your car. If the problem is minor, you can likely get it fixed for a few hundred dollars, and it won’t significantly affect the trade-in value of your car.

However, if the problem is more serious, you may want to consider trading in your car as-is. This will likely result in a lower trade-in value, but it may be worth it if the cost of fixing the problem is too high.

Trading In Your Car As-Is

If you decide to trade in your car as-is, be sure to disclose the check engine light to the dealer. The dealer will likely give you a lower trade-in value, but they may be willing to work with you if you’re willing to sell the car at a lower price.

You can also try selling your car privately. This may be a better option if you’re not in a hurry to sell your car and you’re willing to put in the time to find a buyer.

Conclusion

Whether or not to trade in a car with a check engine light on is a personal decision. There are a few factors to consider, including the severity of the problem, the age and mileage of your car, and the trade-in value of your car.

If you’re not sure what to do, you can always take your car to a mechanic for a diagnosis. The mechanic will be able to tell you what the problem is and how much it will cost to fix it. Once you have this information, you can make an informed decision about whether or not to trade in your car.