Get a trade-in appraisal from the comfort of your home.
Yes! Once your vehicle is appraised, we’ll give you a written offer that’s good for up to five days.
If you decide to go ahead, you’re under no obligation to purchase your next vehicle from Lakehead Motors.
If you owe more than the appraisal offer for your vehicle, then the difference is called “negative equity”.
In most cases, that amount can be included in your financing when buying a vehicle from us. If you’re not purchasing your next vehicle from us, we’ll simply calculate the difference between your balance owed and our offer, and you can pay us directly.
Since every vehicle is different, our appraisers focus on:
Using multiple sources of data, appraisers also check general factors that affect a vehicle of similar make and model. Your vehicle is compared against current and accurate market conditions, such as national, provincial, and local sales trends, as well as auction data.
Yes. Your car’s overall physical and mechanical condition has a great impact on our offer. If you can provide proof that you have well taken care of your vehicle, we’ll usually be able to give you a better value for it.
No! We’ll buy your vehicle even if you don’t buy one from us.
If you do decide to purchase a vehicle from Lakehead Motors, you will receive an additional credit equal to the sales tax.
Yes, sometimes for the better and sometimes for the worse.
Supply and demand ultimately determines the desirability of any vehicle. A modified feature sometimes could improve the offer if it’s in high demand. If it’s not something desired, it could reduce the offer, such as an aftermarket modification that voids the factory warranty.
We’re here to help and will assure to answer all of your questions about the factors that influenced our offer. If you have any questions or concerns about the appraisal you receive, please speak with the appraiser.
Selling your vehicle yourself may have extra costs associated, such as cost of ownership, insurance, and advertising.
Selling to a private party can take weeks and you could be dealing with untrustworthy people, increasing the risk of being hassled after the transaction.
At Lakehead, we have experts that will give your the best offer and save you the struggle and stress of selling privately. You don’t have to worry about any hassles, title issues, or about a buyer obtaining a loan or backing out.
Once we appraise your vehicle, you’ll be invited to bring your trade-in to our Showroom.
When bringing your vehicle to Lakehead Motors, remember to have the items below.
If you’re missing some of the required items, we still may be able to complete the sale, or we will guide you through the process to make arrangements to gather any missing items.
We’re proud to be a top rated dealership in the core of Thunder Bay. Our knowledgeable and devoted team is here to help and educate for a stress-free car shopping experience.
Don’t take our word for it, read our 255+ Google Reviews!