Trade-In Value


Our trade-in process is straightforward if you want to trade in your current vehicle for a newer model. Essentially, you will be selling your current car to our dealership to facilitate the purchase of another one. While online tools can provide a rough estimation of your vehicle's value, we highly recommend bringing your car to Midtown Honda for a more comprehensive inspection.

Various factors influence the value of your vehicle, and it might be worth more than you anticipate. To ensure an accurate assessment, a visual inspection and test drive are essential to verify that all vehicle features and functions are properly working.


Step 1We highly advise conducting a comprehensive car appraisal online through our dealership to conveniently appraise your car and obtain an estimate of its value in the used car market. Take the time to search for similar vehicles that closely match your car in terms of mileage, condition, trim, and features. This process will provide valuable insights into understanding your vehicle's market value more effectively.

Step 2: We recommend contacting Midtown Honda to estimate your used car's value in Canada and access a car value estimate. Get in touch with our team to learn more about our evaluation process and determine your vehicle's trade-in value. You can visit our dealership for an in-person trade-in evaluation or conveniently use our online trade-in assessment tool from your home.


During the vehicle appraisal process, several factors come into play that can influence the value of your car.

Make and Model: Some brands and models retain value better than others. For instance, Honda Civics are renowned for their superior ability to maintain value compared to similar vehicles.

Age: Generally, as car ages, its value decreases.

Trim: The vehicle's trim level plays a significant role, as it refers to the specific specifications of the engine, standard features, number of doors, colour, and other available options.

Condition: Stains, rust spots, dents, and improper repairs can all lead to a reduction in the car's value. Conversely, a well-maintained and cared-for vehicle will positively impact its overall value.

Options: Various features of a car can either enhance or diminish its value. For instance, leather seats hold more excellent value than standard cloth seats, while power windows are considered more valuable than manual ones. Factors such as transmission type, navigation options, sunroofs, and the type of wheels and tires also play a significant role in determining a car's overall value.


Q1: What factors influence the trade-in value of my vehicle?
A: Several factors contribute to the trade-in value, including the car's make, model, age, mileage, condition, features, and the current demand for that particular vehicle.

Q2: Can I get an accurate trade-in value using online tools?
A: Online tools can roughly estimate your vehicle's trade-in value based on general market data. However, you can always Visit Midtown Honda for an in-person inspection and assessment.

Q3: How can I increase the trade-in value of my car?
A: You can enhance the trade-in value of your vehicle by keeping it well-maintained, addressing any cosmetic issues like dents and scratches, having a detailed service history, and ensuring all features are in proper working condition.