Trade-In Appraisal

Yes. You don't have to purchase or lease another vehicle to sell your current car, truck, or SUV to us. Orr BMW of Shreveport is always interested in quality vehicles for our pre-owned inventory. If you accept our offer, you can complete the sale without making another purchase.

A number of factors can affect a vehicle's value, including the year, model, mileage, equipment, and condition. Maintenance history and current market demand can also contribute to the final appraisal number. As such, vehicles of the same year and model can have different valuations. We use an in-person inspection along with current market information and third-party appraisal data to determine a fair offer.

Yes, in many cases. An outstanding loan doesn't necessarily prevent you from selling or trading your vehicle. We'll compare the vehicle's appraised value with the amount still owed to your lender.

If the vehicle is worth more than the payoff amount, you have positive equity that can be applied toward your next purchase. If you owe more than the vehicle's appraised value, you may still have options if you want to move on to a newer model as part of the same transaction. Our team can explain how the remaining balance affects the transaction.

No. While Orr BMW of Shreveport offers the latest BMW models, our pre-owned inventory includes vehicles from a broad range of manufacturers. We're interested in quality cars, trucks, crossovers, and SUVs regardless of the badge on the grille.

Yes. Mileage is only one of the factors considered during an appraisal. Overall condition, maintenance history, equipment, and current demand can also contribute to the overall appraisal. A vehicle that has been well-maintained can still have meaningful trade-in value, even with a higher odometer reading.

Not necessarily. Major repairs or cosmetic work can be expensive, and the money you spend may not result in an equivalent increase in your vehicle's trade-in value. It's generally a good idea to remove your belongings and make sure the vehicle is reasonably presentable, but it doesn't need to be in perfect condition for the appraisal. If you're considering an expensive repair specifically because you intend to trade or sell the vehicle, contact our team first. We can help you determine whether a repair is worth the expense.

To help ensure the transaction goes smoothly, be sure you have the following items before making the trip to Orr BMW of Shreveport. You should bring a valid driver's license or other accepted photo ID and the current vehicle registration. If you own the vehicle outright, you'll need the title. If it's financed, bring the necessary payoff information from the lienholder.

It's also helpful to bring all available keys, remotes, owner's manuals, and accessories that belong with the vehicle. Depending on how the vehicle is titled, we may need additional documentation or signatures.

They can. The effect depends on the modification, the quality of the work, and demand among potential buyers. Certain upgrades may appeal to some shoppers, while highly personalized modifications can make a vehicle less desirable to others. Reach out to Orr BMW of Shreveport if you are unsure. Our team can help you determine whether it's worth restoring the vehicle to its stock form.