Automobile

Do Open Recalls Change a Car’s Trade-in Value? | MotorBiscuit

So you have your eye on a new car. But when you search your old car’s VIN, you find it has an open recall. Will this hurt your old trade-in’s value? Is there anything you can do? Read on for car buying tips.

A dealer may choose to offer you less for a trade-in with an open recall. But a savvy shopper can have most recalls rectified before trading. This way, recalls won’t hurt the used car’s value. Sometimes, a resolved recall can improve the value of a vehicle on the used car market. However, owning a car with a recent recall that the manufacturer has not yet solved may trap you with a low trade-in value for several months.

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