Ready Set Ford
A New Era for the Blue Oval
Ford Motor Company is entering a bold new chapter, and Aschenbach Ford is excited to share what it means for our customers. The new global advertising platform, Ready Set Ford, is more than just a fresh look—it’s a strategic shift designed to connect with drivers in new and inspiring ways.
What is “Ready Set Ford”?
“Ready Set Ford” is Ford’s new advertising platform, built on the foundation of capability, passion, community, and trust. It’s designed to celebrate not only what Ford vehicles can do, but what they empower you to do.
This rebrand focuses on three key shifts:
- Highlighting Our Strengths – Ford’s legacy of strength, innovation, and trust remains front and center.
- Empowering Customers – The campaign celebrates the lifestyles Ford enables: building businesses, chasing thrills, and seeking adventure.
- Leading With What You Love – Expect more focus on the Ford vehicles and services that customers are most passionate about, from trucks to SUVs to performance icons.
Why It Matters
At its heart, Ready Set Ford is about you—the driver. Whether you’re pushing limits with a Ford Bronco, building your business with a Ford F-150, or heading out for family adventures in a Ford Explorer, this rebrand is about helping you live your best days behind the wheel.
Visit Aschenbach Ford
As your local Ford partner, Aschenbach Ford is proud to bring this new era to life. Stop by our showroom to see the latest Ford lineup and experience firsthand how Ready Set Ford is shaping the future of driving.
Ready. Set. Ford.
BroncoFest 2025 Recap
Reflecting on BroncoFest 2025
Back in 2021, driven by the incredible resurgence of Ford Bronco passion, Aschenbach Ford decided to create something truly special for the Wytheville, VA, community: BroncoFest! Now in its fantastic fourth year, BroncoFest has become our annual celebration, a proper family reunion for every generation of this iconic vehicle, from the trailblazing 1966 models to the magnificent new Ford Broncos gracing roads today. This year, the spirit of the Ford Bronco roared louder than ever at the Hitachi Energy Arena in Wytheville, VA, drawing in over 350 attendees. The atmosphere was charged with excitement, and it was fantastic to witness a large number of enthusiasts come together. As always, admission was free for spectators, ensuring everyone could join in the fun.
Friendly Ford Bronco Competition
The heart of BroncoFest is our “Show ‘n Shine” competition, where the pride and dedication of Ford Bronco owners truly shine through. We had an incredible lineup across all categories, including the timeless Early Ford Broncos (1966–77), the versatile Mid-Size (including Ford Bronco II and Ford Bronco Sport), the robust Full Size (1978–96), and our impressive modern 2021–present Ford Broncos. The competition was fierce, with meticulous attention paid to every detail and over 78 vehicles present, from paint and interior to engine bays and wheels. Congratulations to all our winners, especially those who took home the coveted Best Modified and Best in Show awards, chosen by popular vote! This year also added the “BroncoFest Jam” for our musically inclined guests, and a talented caricature artist on-site brought smiles to many faces.
Making It All Happen Here
Planning an event of this scale is no small feat, and we owe a massive thank you to our incredible event coordinator, Deb King, who tirelessly manages logistics, our web presence, and captures all the amazing moments through her photography. Her mother, Dixie Goodman, along with our dedicated staff from Aschenbach Ford and the wonderful team at Hitachi Energy Arena, were instrumental in making it all happen. Of course, the support from our corporate leadership, including Ken Kraft, Corporate Director of Leadership Development, is invaluable.
Our Aschenbach Tradition
The excitement doesn’t stop here! We’re already buzzing with plans for BroncoFest 2026, confirmed for May 22–23, right back at the Hitachi Energy Arena. We’re dreaming big, with potential additions like obstacle courses, mud bogs, exhilarating off-road rides, evening concerts, and even an on-site detailing crew to keep those Ford Broncos gleaming!
BroncoFest is just one way the Aschenbach Auto Group, with dealerships spanning Virginia, Maryland, and Pennsylvania, loves to connect with our communities. It’s all about celebrating our shared passions and building lasting connections. We can’t wait to see you all next year for another unforgettable Ford Bronco family reunion! Keep those Ford Broncos rolling!
Should I Sell My Car To a Dealer or Privately?
If you’re considering selling your current car, you’re probably comparing whether trade-ins vs. private sales are best for you. It’s a fair debate, and on the surface, a private sale might seem like the better deal. However, the better choice really depends on your individual priorities—whether you value maximum profit, convenience, or efficiency. Yet, once you factor in time, safety, convenience, and total value, the trade-in route, especially with car dealers like Aschenbach Ford, often proves to be the smarter, safer choice. The truth is, trade-ins vs. private sales aren’t just about who offers the higher price, but the complete experience, from how long it takes to close the deal, to how protected you are throughout the process, to what happens after you hand over the keys. Let’s break it down so you can make an informed decision that saves time and avoids headaches. Visit us today in Wytheville, VA!
Time Is Money. Save With Trade-Ins.
Private sales vs. trading in are rarely quick. You’ll need to photograph your vehicle, write an ad, post it across multiple platforms, respond to texts and emails, answer questions, and schedule test drives—and that’s all before you even begin negotiating. Dealing with paperwork, no-shows, and the need to meet strangers for test drives and negotiations can make the process even more time consuming and stressful. It can take weeks, or longer, to find a buyer who’s serious, trustworthy, and willing to pay your asking price, especially given the fluctuating demand and valuation trends for used cars and other vehicles in today’s market.
At Aschenbach Ford, we skip the back and forth when it comes to trading in vs. private sales. Bring us your vehicle, and our dealers will give you a firm offer, often the same day. Trading in at a dealership is often the quickest way to sell your car, especially if you need to move fast due to personal or professional commitments. The dealership trade process is designed for convenience, offering potential tax advantages and discounts when buying new cars. We use live market data, condition assessments, and current demand for used cars and vehicles to ensure our offers are competitive and fair. Once you accept, we handle everything quickly, legally, and professionally. If time matters to you, the difference is night and day. One route has you waiting, vetting strangers, and chasing payment. The other has you walking away with a check and a weight off your shoulders, all in a single afternoon.
Safety Shouldn’t Be a Gamble When Selling Privately
Is it better to trade in or sell privately? Ask yourself this: how safe is it to meet a stranger from the internet and let them test-drive your car? Private sales often involve sharing personal contact information, arranging meet-ups, and handing over your keys to private buyers or a prospective buyer interested in your used car. Even with good instincts, the risk is real. Scams, lowballers, no-shows, and even unsafe situations happen more often than most sellers expect. Trade-ins vs. private sales eliminate those risks entirely. When you bring your car to Aschenbach Ford, you deal only with trained professionals. Your payment is guaranteed, we do the paperwork, and you leave with peace of mind, not just a signed bill of sale.
The Numbers Aren’t Always What They Seem
There’s a common assumption that private sales vs. trade-ins always bring in more money, but that’s not always true. While you might be able to get a slightly higher price from an individual buyer, it rarely works out that cleanly. With a trade-in, there’s more than just the offer to consider. You can save significantly on sales tax when you apply your vehicle’s trade-in value to your next purchase. That means hundreds, or even thousands, of dollars saved up front, which often closes the gap or tips the scale in favor of the dealership offer. Add in the savings on time, advertising, vehicle prep, and possible repairs to make your car more marketable, and the math usually favors the trade-in.
Skip the Paperwork and Stress To Sell Your Car
One of the most overlooked advantages of trading in your car is this: you don’t have to deal with the paperwork. Private sales vs. trading in means you’re responsible for the title transfer, bill of sale, odometer reading disclosures, and more. A mistake here doesn’t just delay the sale, as it can leave you liable if the buyer fails to register the vehicle or racks up violations in your name. At Aschenbach Ford, we take care of everything for you. We handle the title, notify the DMV, and process the trade legally and correctly. You get a receipt, a fair value, and a clean slate—without chasing documents or figuring out forms.
The Smart Way to Sell: Should I Sell My Car to a Dealership?
So, what’s the verdict when comparing trade-ins vs. private sales? When you take the full picture into account, considering the time, safety, convenience, value, and support it takes to complete a sale, the smarter choice becomes clear. A private sale may look like a win at first glance, but it often brings more hassle than it’s worth, especially when cars are involved and you need to navigate the broader market. When you trade in and buy at the same dealership, you benefit from tax savings, convenience, and a streamlined process that makes handling both transactions much easier. As compared to selling privately, trading in your vehicle at Aschenbach Ford means no games or guesswork—just a straightforward, fair, and fast transaction that lets you confidently move on. Whether you’re upgrading to something new or just ready to turn your vehicle into cash, we’re here to make it easy. Visit us today in Wytheville, VA!
Selling Your Vehicle Made Easy: How To Sell A Used Car In Virginia
Learning how to sell your car in Virginia might feel like a big task, but with the right guidance, it doesn’t have to be complicated. At Aschenbach Ford, we’ve helped thousands of Virginians navigate the car ownership cycle, from buying and maintaining to letting go of a vehicle. If you’re ready to sell your car in the Commonwealth, it’s essential to understand the legal steps, all the paperwork, and tax responsibilities that come with the process. Whether you’re planning to upgrade, downsize, or simply no longer need a second car, this guide will explain exactly how to sell your car in Virginia. Visit us today in Wytheville, VA!
How Do I Sell My Car Privately in Virginia?
The first step in selling your car in Virginia is deciding how to sell it. Private sales are an often appealing approach to how to sell your car in Virginia because they typically offer more value to the seller than a trade-in might. However, a private sale comes with more responsibility. You’ll need to ensure the car is in good condition, determine a fair market value, and be ready to manage communications with potential buyers. Remember that Virginia law requires the seller to provide the buyer with certain documents and report the sale to the Department of Motor Vehicles. Virginia has specific regulations and requirements for selling a car, including the need for a valid emission inspection and a vehicle title. You can find more information on Virginia’s regulations and requirements on the DMV website or by contacting your local DMV office.
What Paperwork Do I Need to Sell My Car in Virginia?
Vehicle Title
The certificate of title is the main document needed when figuring out how to sell your car in Virginia. It must be signed and dated, with the odometer reading, sale price, and buyer information included. It is crucial to resolve any outstanding balance on the vehicle before transferring the title to ensure a clean title and avoid potential complications during the sale process. Without this, the buyer cannot legally take ownership of the vehicle, and you could remain liable for it. In Virginia, the title serves as proof of ownership, and transferring it is the seller’s responsibility. You’ll sign the title to the buyer if you have a clean title, meaning there’s no lien on the vehicle. Look for the “Assignment of Title by Owner” section on the back of your Virginia Certificate of Title, and fill in the buyer’s name and address, the sale price, and the odometer reading at the time of sale. Both you and the buyer must sign and date it.
Lien Release Letter (if applicable)
If the title lists a lienholder, you’ll need a separate document showing that the lien has been paid off and released.
Bill of Sale
Though the Virginia DMV does not require a document for private sales, it’s highly recommended that one be created for the benefit of both parties involved. This document outlines the transaction details and serves as proof of purchase for the buyer.
Vehicle History Report
Providing a vehicle history report is optional, but it can boost buyer confidence and potentially help you get your asking price.
Emissions and Safety Inspection Certificates (if current)
While not mandatory for the sale itself, these documents are useful for buyers looking to register the vehicle right away.
What About Taxes?
Understanding the tax implications is essential if you’re learning how to sell your car in Virginia. Fortunately, the seller is not responsible for paying sales tax on a private vehicle sale, but the buyer is. However, as the seller, you still need to be honest and accurate about the sale price on the title and bill of sale. Undervaluing the sale can result in penalties for the buyer if the DMV suspects tax fraud. Transparency is key.
It is also crucial to notify your insurance company about the sale of the vehicle to update your policy details and avoid potential penalties from the DMV for lapses in coverage. Additionally, if your vehicle has personalized plates you plan to keep, remember to remove them before the buyer takes possession. You’ll also want to cancel your vehicle insurance once the sale is finalized and you’ve notified the DMV.
Tips for a Smooth Transaction
When learning how to sell your car in Virginia, you should prioritize safety, presentation, and negotiation. Clean your vehicle thoroughly, address minor repairs, and gather maintenance records to show prospective buyers. Remove your license plates once payment is received and the title is signed over, as the buyer is responsible for obtaining new plates and registration. Then, file a notice of vehicle sale through the Virginia DMV website or by calling their customer service line, which will finalize the end of the transaction and remove you from any legal or financial responsibility for the vehicle.
Consider Selling to or Through a Dealership
While private sales can net a higher price, they’re also more time-consuming when it comes to the methods of how to sell your car in Virginia. If you’re pressed for time or want a hassle-free experience, consider bringing your car to Aschenbach Ford. We offer competitive trade-in values and may purchase vehicles outright, even if you’re not buying another one from us.
As a licensed dealership in Virginia, we handle all title transfers, lien payoffs, and tax paperwork for you. Selling to a dealership can be especially beneficial if you’re unsure how to sell your car in Virginia or don’t want to worry about the risks involved in private sales. The dealership can handle all the paperwork, making the process much simpler for you.
Ready To Sell Your Vehicle?
Figuring out how to sell your car in Virginia may seem overwhelming at first, especially when navigating the legal and logistical steps required by the state. You can confidently complete a sale with a clear understanding of what’s involved, including title transfers, taxes, and necessary documents. At Aschenbach Ford, we’re proud to help Virginians with every aspect of vehicle ownership, including selling. We invite you to visit us if you’d like a professional appraisal or help with the sale process. Our team will walk you through your options and help you decide the best way to move forward. Visit us today in Wytheville, VA!
How Long Does It Take To Sell A Car? What To Expect
Looking To Sell Your Car Quickly?
Selling a car can feel like a huge undertaking, especially if you’ve never done it before. Whether you’re upgrading to a newer model, trying to get out from under a loan, or simply looking to downsize, you’re probably wondering, “How long does it take to sell a car?” The answer isn’t one size fits all, as it depends on how you plan to sell it, what kind of car you have, and how prepared you are going into the process. We’ve helped thousands of drivers sell or trade their vehicles, and at Aschenbach Ford, we understand that time matters. Whether you need a quick sale or want to get the best possible value, understanding what impacts the timeline is key. In this article, we will break down the average time to sell a car, what affects that timeline, and how to make the process as smooth and fast as possible. Visit us today in Wytheville, VA!
The Average Time It Takes To Sell A Car
On average, it takes about 30 to 40 days to sell a used car in a private sale. This timeline for how long it takes to sell a car can vary widely based on your location, the make and model of the vehicle, and how competitively it’s priced. You may find a buyer sooner if you’re selling a well-maintained, in-demand vehicle like a Ford F-150 or Ford Escape. If the car needs repairs or is priced above market value, it could sit for weeks. The good news is that selling to a dealership like Aschenbach Ford is significantly faster. We can often complete an appraisal and offer on the same day, allowing you to walk out with the check or apply your trade-in value toward another vehicle. So if you’re asking yourself how fast you can sell a car, the fastest way is nearly always through a reputable dealership.
What Affects How Long It Takes To Sell A Used Car?
Method of Sale
The method you choose is one of the biggest influences on how long to sell a car. Selling privately often takes the longest. You’ll need to create listings, take high-quality photos, field messages from prospective buyers, arrange test drives, and manage paperwork yourself. Additionally, you must write effective ads to attract potential buyers. It’s a more time-consuming route, but it can yield a higher sale price if you’re willing to do the work.
In contrast, selling your car at a dealership like Aschenbach Ford or trading them in when purchasing a new vehicle is much faster. You won’t have to worry about creating ads, meeting strangers, or negotiating back and forth. Our process is straightforward, transparent, and quick. If your main concern is how to sell quickly and your time is valuable, you’ll appreciate the speed and convenience that we can offer.
Vehicle Condition
A car that’s clean, recently serviced, and free of major cosmetic damage is more appealing to buyers and tends to sell faster. On the other hand, a car with mechanical issues or high mileage might sit longer in a private sale or receive lower offers. Fortunately, dealerships like Aschenbach Ford evaluate vehicles for both retail and wholesale value, meaning we can still make an offer even if your car isn’t in perfect shape.
Make and Model
Some cars are among the fastest-selling and will attract buyers faster. Popular models like trucks, SUVs, and fuel-efficient sedans are usually quicker to move than specialty vehicles or less-known brands. When customers ask us, “How long does it take to sell a car?,” we always consider these market factors. Vehicles that are in high demand can sell quickly, leading to a smoother sales process for the seller.
Vehicle Price
If your asking price is too high, it may stay on the market longer, especially in a private sale. Buyers can access pricing tools and listings at their fingertips and will often skip over listings that don’t seem competitive. At Aschenbach Ford, we use real-time market data to ensure our offers are fair and based on local demand.
Time of Year
Spring and early summer are usually the best times to sell a car, as more people are in the market for buying. The end of the year tends to slow things down, as buyers focus on holiday spending or wait for New Year promotions.
It’s All About Your Priorities
So, how long does it take to sell a car? If you sell privately and hold out for top dollar, you may wait several weeks. If you’re looking for speed, convenience, and a guaranteed offer, a dealership like Aschenbach Ford can help you sell your car in as little as one day. We understand that every seller’s situation is different, and as some people are upgrading to a newer vehicle, others need to offload an extra car quickly. No matter your reason, we’re here to make the process smooth, fair, and fast. Visit us today in Wytheville, VA!
How To Trade In A Car With Negative Equity
Can You Trade In A Car With Negative Equity?
For many drivers, the idea of upgrading their vehicle is complicated by one frustrating reality: they owe more on their car than it’s worth. This is known as negative equity, and it can make any trade-in feel daunting. At Aschenbach Ford, we believe that trading in your current vehicle should feel like a fresh start and not a financial roadblock. In this article, we’ll walk you through everything you need to know about a negative equity trade-in, from understanding what it is to determining your best options for getting into your next vehicle. Visit us today in Wytheville, VA!
What Is Negative Equity?
Negative equity is also known as being “upside down” or “under water” on a loan and occurs when your car’s current market value is less than the remaining balance on your auto loan. New cars can lose over 20% of their value within the first year, contributing to negative equity. For example, if you owe $18,000 on your loan, but your car is only worth $15,000, you have $3,000 in negative equity. Going “upside down” can happen for a variety of reasons: depreciation happens quickly with new cars, long loan terms can stretch out payments, and high interest rates can slow the pace of paying down principal. Regardless of the cause, trading a car with negative equity means you’re trying to get out of a loan situation where you owe more than the car is worth.
How to Trade In A Car With Negative Equity
Before taking any steps to complete a negative equity trade-in, it’s important to know exactly where you stand. At Aschenbach Ford, we recommend starting with an accurate trade-in appraisal of your current vehicle. Our experienced team can give you a market-based trade-in estimate that reflects your car’s actual value based on its condition, mileage, and local demand.
At the same time, you’ll want to check the current payoff amount from your lender. This number includes your remaining loan balance plus any fees required to pay off the loan early. Determining the estimated value of your car is crucial for understanding your financial situation. Subtracting your vehicle’s appraised value from the payoff amount tells you how much negative equity you’re carrying. From here, we can determine how to approach a negative equity trade in the most cost-effective way.
Options for Trading In a Car With Negative Equity
Borrowers facing negative equity have several strategies to consider. Doing a negative equity trade-in depends on your finances, your goals, and your willingness to extend your loan term or increase your monthly payments.
One common route is to have the negative equity rolled into the loan on your next vehicle. In this case, the amount you still owe on your old car is added to the loan for your new car. While this can increase the monthly payment, it also allows you to move forward with a new vehicle without having to pay the negative equity in cash. Another option is to make a down payment to cover some or all of the negative equity out of your own pocket. For example, if you’re $2,000 upside down, putting $2,000 down on the new car can help you start your new loan without carrying that debt forward.
How much negative equity can be rolled over depends on several factors, including your credit profile and how much of the previous loan has been paid. In most cases, lenders allow customers with solid credit to rollover several thousand dollars in negative equity, provided the new car’s value justifies the combined loan amount.
Choosing the Right Vehicle Matters
Not all vehicles are equal when it comes to offsetting a negative equity trade-in. Choosing the right model with strong resale value, competitive pricing, and available incentives can help reduce or even cancel out the financial impact of carrying negative equity into your next loan. Opting for a less expensive or used vehicle can help you achieve positive equity more quickly. At Aschenbach Ford, we’re proud to offer vehicles like the Ford Escape, Explorer, and F-150 that offer solid value, great reliability, and strong trade-in projections down the line. Choosing the right car plays a major role in how successful your trade-in transaction will be. Our sales professionals are here to guide you through our inventory and identify the vehicles that give you the most financial leverage.
Timing Your Trade-In
If you’re wondering how to do a negative equity trade-in the smart way, timing plays a role. Waiting a few extra months can sometimes shift your loan balance and vehicle value closer together, especially if you’re making extra payments or if the used car market is appreciating. However, if your current vehicle needs costly repairs, lacks reliability, or no longer suits your lifestyle, waiting might not be the best choice. In these situations, getting into a dependable vehicle with a manageable payment, even if it means rolling over some negative equity, may be the better long-term decision.
Ready To Explore Your Options?
If you’re dealing with negative equity and thinking about trading in your vehicle, Aschenbach Ford is ready to help. From clear trade-in appraisals to customized financing plans, we’ll help you find the best way to trade in a car with negative equity based on your budget, your needs, and your financial goals. We’ve helped hundreds of drivers throughout our community navigate the complexities of negative equity trade-ins, and we can help you, too. Visit us today in Wytheville, VA!
How To Prepare For A Car Trade-In: Documents & Tips
What Do I Need To Trade In My Car At A Dealership?
Trading in a vehicle marks the end of one story and the beginning of another. You choose what comes next when you hand over the vehicle that has driven you through work commutes, late-night snack runs, and weekend road trips. Yet, if you don’t show up to the dealership with the right paperwork, this excitement can easily be dulled, especially if you don’t know what to bring when trading in a car. At Ashenbach Ford, we strive to make trading in your vehicle quick, transparent, and rewarding, but a smooth experience begins long before you pull into our appraisal lane. Understanding what to bring when trading in a car can unlock thousands of dollars in value and save you hours of back and forth. By the time you finish reading this article, you should better understand which documents are needed to trade in your car so that you can show up to your appointment well prepared and ready to go. Visit us today in Wytheville, VA!
Preparation Pays Off
Arriving organized signals that you respect our time, and your own, often encouraging appraisers to move faster and sometimes even lean more generously when numbers are close. More importantly, it is important to have clear documentation to prevent title issues, payoff delays, and last-minute surprises that could shrink the offer. Additionally, ensure that your proof of insurance is active and up to date, and that your vehicle registration is current to ensure a smooth trade-in process. Understanding what to bring when trading in a car eliminates guesswork so that you can focus on choosing your new Ford, not scouring desk drawers for missing forms.
What Paperwork Do I Need To Trade In My Car?
While requirements vary by state, four essentials appear on every checklist for what to bring when trading in a car. Having access to your vehicle’s service records can assist during negotiations, as it allows dealers to evaluate the maintenance history, potentially enhancing the value of the trade-in. Other necessary documents include proof of ownership, lien information if you still owe, maintenance history, and personal identification. A valid driver’s license is crucial as it serves as proof of identity and ownership, streamlining the transaction process.
Proof of Ownership
Your title confirms that you have the legal right to transfer the vehicle, and it is an important factor in what to bring when trading in a car. If the title is misplaced, apply early for a duplicate from the state DMV, as processing may take a while. For example, missing documentation, such as a misplaced title, can delay the trade-in process significantly. Double-check that all names on the title will be present at signing, as this can delay the process even further if a cosigner is not available to sign off on it. The name on your title must match the name on your driver’s license or government-issued ID to prove that you are the true owner.
Loan Payoff Letter or Lien Release
Still making payments? Include a payoff statement that lists the exact balance, lender contact info, and per diem interest among the items of what to bring when trading in a car. This tells us precisely how much we must pay your bank before crediting the remainder to your new purchase. Obtain a lien release letter if the loan is already satisfied, but a lien remains on the title. Including that letter in your folder of what to bring when trading a car prevents deal-stopping surprises and speeds your path to the showroom.
Maintenance and Repair Records
A thick file of oil change receipts, tire rotations, and warranty repairs demonstrates for appraisers and the next owner that you took the best possible care of the car. While service records are not technically required, adding them to your list of what to bring when trading in a car can nudge your offer upward because it quantifies value we might otherwise estimate conservatively. It is crucial to evaluate the vehicle’s maintenance history to ensure you are getting the best possible trade-in value.
Keys, Accessories, and Disclosure
Bring every key fob, remote start device, cargo cover, or specialized wheel lock that came with the vehicle. Missing items lower the resale value and therefore reduce your offer. If you installed aftermarket equipment, including roof racks, bed liners, and upgraded audio, be prepared to explain whether those extras stay or you plan to remove them. Transparency is a quiet but powerful part of what to bring when trading in a car because it lets us give credit where it’s due.
Full disclosure also applies to the vehicle’s condition. Be honest about any accidents, flood exposure, or persistent warning lights. We’ll uncover issues during the inspection, so volunteering information up front demonstrates integrity and speeds the acceptance of appraisal numbers.
Clean Car, Clean Mind
A spotless interior won’t hide dents, yet presentation still matters. Before you head to the dealership, ensure your vehicle is well prepared. A quick wash, a vacuum, and crystal clear windows show respect and show off your vehicle’s best side. Remove all personal items from the glove box and trunk to avoid accidentally trading in a favorite pair of sunglasses and so that our team can focus on the car, not the clutter.
Research Your Ride’s Market Value
Preparation isn’t just physical, but mental. Trade-in values are based on specific criteria such as the vehicle’s make, model, condition, and regional demand. Check trusted price guides, local listings, and recent auction data for vehicles with mileage and trim similar to yours. Request trade-in quotes from multiple dealerships to take advantage of trade incentives, especially during times of high demand for used vehicles. Understanding the realistic trade-in range arms you for constructive negotiation. If our initial number differs from the research, ask you to walk us through our valuation tool. We believe informed customers are satisfied customers and will gladly explain how condition, mileage, and regional demand shape our figures.
Driving Forward with Confidence
With a bit of preparation and gathering of what to bring when trading in a car, tidying the cabin, and researching values, you’ll be ready to start the appraisal process and sign off on your vehicle’s trade. We match that effort with transparent pricing, same-day payoffs, and a fleet of new and Ford Blue Advantage Fords ready for your next chapter. Bring us your well-documented car along with everything on the list of what to bring, and we’ll send you home in something built for the miles ahead. Visit us today in Wytheville, VA!
How Does Positive Equity Work?
When it comes to car ownership, understanding the equity in your car is just as important as focusing on the monthly payment, interest rate, or loan term. Yet, positive equity on a car is what makes a huge difference when you’re preparing to upgrade your vehicle. At Aschenbach Ford, we have guided numerous drivers through the complexities of auto financing, and we’re dedicated to simplifying the process for you. In this article, we’ll define what positive equity on a car is and how to make the most of it when it’s time to move on from your current ride. Visit us today in Wytheville, VA!
What Is Positive Equity On A Car Loan?
In simple terms, positive equity on a car is what makes your car worth more than what you still owe on your loan. Car equity refers to the value you have in your vehicle, calculated by subtracting the remaining loan balance from the car’s current market value. For example, if your car’s current value is $22,000 and you owe $16,000 on it, you’ve got $6,000 in positive equity. The difference that remains is all yours – it can be applied to the down payment on your next car, used to reduce your monthly payments, or pocketed if you choose to sell the car outright.
While it’s often used interchangeably, there’s a subtle distinction when we talk about what positive equity on a car loan is. Positive equity on your car loan simply refers to the financial position you’re in when the balance of your loan is lower than the value of your vehicle. Positive equity means your car’s market value exceeds the loan balance, while negative equity means the loan balance surpasses the car’s market value. It’s a sign that you’ve either made solid progress toward paying down your loan, your car has held its value well, or both. Understanding your car’s current market value is crucial for determining whether you have positive or negative equity.
How Do You Know If You Have Positive Equity On A Car?
Step 1: Determine The Current Market Value of Your Vehicle
You can use online appraisal tools, check trade-in values with us here at Aschenbach Ford, or browse listings for similar models in your area. Kelley Blue Book is a trusted source for assessing your vehicle’s market value, taking into account factors such as its make, model, year, condition, and mileage.
Step 2: Find Out Your Loan Payoff Amount
This is the full amount required to pay off your loan today, not just the remaining balance listed on your last statement. You can get this by contacting your lender directly.
Step 3: Subtract Your Payoff Amount From Your Vehicle’s Current Value
If the number is positive, you have what is called positive equity on a car. If it’s negative, you’re still upside down on the loan.
How To Get Positive Equity on a Car
Building equity doesn’t happen overnight, but there are smart strategies you can use to get there faster. Improving your financial situation by making extra payments or choosing a shorter loan term can assist you on the journey to building equity faster.
Make A Larger Down Payment
The more you put down when you first buy the car, the less you’ll owe – and the sooner your loan balance will dip below your vehicle’s value. A larger down payment reduces how much you would need to finance with a new car loan, making it easier to build equity.
Choose A Shorter Loan Term
Longer loans may seem appealing due to lower monthly payments, but shorter terms help you build equity quicker because you pay down the principal faster. Opting for a shorter auto loan term can accelerate the repayment process and enable you to build equity at a faster pace.
Avoid Overpaying For A Vehicle
Start off strong by getting a fair price. Ensuring you don’t overpay for your current vehicle can help you avoid negative equity from the start. Our team at Aschenbach Ford can help ensure you’re not upside down from the moment you drive off the lot.
Keep Your Car In Great Condition
Maintaining your vehicle well helps preserve its value and is what positive equity on a car is established significantly by, giving you a better chance at positive equity when it’s time to trade or sell. Regularly checking and recording your car’s current mileage can also help you keep track of its value.
Make Extra Payments When You Can
Any time you pay more than your scheduled monthly amount, that money goes directly toward the principal, helping you reduce the loan balance faster. Making extra payments can reduce the total interest paid over the life of the loan.
Why Positive Equity Matters When Trading In
Positive equity on a car is what gives you more freedom. When you have equity in your vehicle, trading it in or selling becomes a straightforward process. Selling your car to a private party can often come with a higher price than trading it in, maximizing your equity. You can apply that value directly to your next purchase which may result in a lower monthly payment on your new vehicle, a larger down payment without coming out of pocket, and the ability to qualify to access better loan terms.
Let’s See Where You Stand
Understanding what positive equity on a car is helps you to make smart, informed decisions about how you decide to sell or trade your vehicle. Knowing your car’s equity status allows you to make informed choices that can improve your financial situation. Whether you’re planning to upgrade soon or just want to monitor your loan’s progress, positive equity can be a powerful tool in your corner. If you have more questions about what positive equity on a car is, stop by Aschenbach Ford. We’re here to help you make the most of your trade in and your next chapter on the road. Visit us today in Wytheville, VA!
Lease A Ford F-150 in Wytheville, VA
Leasing Pure American Power
When it comes to trucks, nothing beats the Ford F-150. Whether you need a rugged workhorse for the job site or a dependable daily ride with plenty of power, the Ford F-150 delivers. At Aschenbach Ford, we’re ready to help you get behind the wheel with Ford F-150 leasing, letting you forgo full ownership commitment and giving you flexible access to the latest models on the market.
Why Choose To Lease A Ford F-150?
Leasing a Ford F-150 is a smart move that gives you all the benefits of a new truck without the long-term financial commitment of buying. Beyond the advantages of leasing itself, the Ford F-150 is a truck that stands out for its power, technology, and stability.
Legendary Performance & Capability
The Ford F-150 is built for any kind of work, from tough jobs sites to towing heavy loads with ease. Depending on the trim and configuration, you’ll get access to a choice of multiple powerful engines, a military-grade aluminum alloy body, best-in-class towing and payload capacity, and selectable drive modes for any terrain situation. With these features, leasing a Ford F-150 allows you to be ready for anything.
Lower Monthly Payments
Your Ford F-150 monthly payments will generally be lower than financing a purchase, helping you manage your budget more effectively.
Access to the Latest Features
Ford is constantly innovating, and leasing allows you to upgrade to a new model every few years, ensuring you always have the best technology and performance.
Warranty Coverage
Most leases last as long as the factory warranty, meaning you won’t have to worry about unexpected repair costs.
No Resale Hassles
When your Ford F-150 lease term ends, simply return the truck and choose your next ride.
If you’re leasing for business, our Ford F-150 business lease options offer flexible terms and potential tax advantages, making them a great solution for fleet owners and contractors.
How Much To Lease A Ford F-150?
Lease pricing isn’t a fixed number. The total cost for your Ford F-150 lease will depend on a variety of factors, including trim level, lease length, how many miles you plan to drive, and the current deals available at Aschenbach Ford.
Trim Level & Features
The Ford F-150 XL and XLT trims are the most budget-friendly, offering all the essentials of a full-size truck without the premium price tag. If you’re looking for something more high-end, options like the Lariat®, King Ranch®, Platinum®, or Raptor® come with luxury interiors, advanced technology, and upgraded performance. However, the higher the trim you choose, the higher your Ford F-150 lease price will be.
Lease Term
Most leases run between 24 and 48 months, and the Ford F-150 lease length you choose affects your monthly payments. Shorter leases, between 24 and 30 months, come with higher monthly payments but offer the ability to upgrade sooner. On the other hand, longer leases, between 36 and 48 months, offer lower monthly payments but a longer commitment to the truck.
Mileage Allowance
A standard lease typically includes 10,000 to 12,000 miles per year, but if you drive a lot, whether for work or road trips, you can opt for higher mileage options. Be sure to choose the right mileage plan up front to avoid overage fees at the end of your lease.
Down Payment & Monthly Payments
Some drivers prefer to lower their monthly payments by putting more money down at signing, while others opt for zero-down Ford F-150 lease options to keep upfront costs as low as possible. Your lease payment will also depend on your credit score, as better credit often leads to better interest rates.
Ford F-150 Lease Deals & Incentives
Special promotions and discounts can make a huge difference in your lease price. At Aschenbach Ford, we frequently have lease deals that include cash incentives, loyalty offers, and reduced interest rates to help you save money.
Affordable Leasing with Aschenbach Ford
Leasing a Ford F-150 is a great way to enjoy America’s favorite truck’s strength, technology, and versatility without the long-term financial commitment of buying. At Aschenbach Ford, we make the leasing process simple and stress-free. Our team is here to help walk you through your options, help you find the best possible Ford F-150 lease, and get you behind the wheel of the perfect truck with payments that work for you. Whether you need a rugged off-road adventurer or a high-powered truck for work, we have a Ford F-150 that fits your budget and lifestyle. Visit us today in Wytheville, VA!
Lease A Ford F-250 in Wytheville, VA
Powerful Pickup Leasing
The Ford F-250 is an incredibly robust truck, designed to excel in towing, hauling, and managing virtually any task you present to it. Leasing can be a smart way to get behind the wheel of a Ford F-250 without committing to a long-term loan or worrying about resale value down the line. At Aschenbach Ford, we are here to help you get on the road in the next powerful pickup from Ford and are here to help you every step of the way through the process of leasing a Ford F-250. Visit us today in Wytheville, VA!
Why Lease A Ford F-250 Instead Of Buying?
Leasing a Ford F-250 keeps your monthly payments lower than financing a purchase. Since you’re only paying for the depreciation over a few years rather than the full price of the truck, you can often afford a higher trim level with better features. Leasing also means you’re driving a new truck every few years, which is great if you like having the latest tech, towing upgrades, and safety features. Plus, most Ford F-250 leases coincide with the factory warranty, so most major repairs won’t come out of your pocket.
For business owners, leasing can be even more appealing. Lease payments qualify as a tax-deductible expense, and leasing multiple trucks for fleet is often easier on cash flow than purchasing outright. When the lease is up, you can swap for a new truck without the hassle of selling or trading in. Lease payments may include additional charges such as tax, title, and license fees.
However, if you drive a lot, plan to customize your truck, or want to keep it for the long haul, leasing may cost more in fees or prevent any alterations. Mileage limits can be restrictive, and modifying a leased truck is usually off the table.
How Much Does It Cost To Lease a Ford F-250?
The cost of leasing a Ford F-250 depends on a few factors, including the trim level, lease term, mileage allowance, and credit score. Lower terms will have more affordable Ford F-250 lease payments, and higher-end models with premium features will come at a higher price. Your down payment and annual mileage limit will also play a role. Making a larger down payment can help lower your Ford F-250’s monthly payments. Additionally, opting for a lease with a higher mileage allowance from the outset can prevent unexpected extra charges at the end of your lease term.
As Ford F-250 lease prices fluctuate based on manufacturer incentives and dealership offers, the best way to get an accurate estimate is to visit our dealership in Wytheville, VA.
Finding Our Best Ford F-250 Lease Deals
Our dealership regularly offers lease incentives, but the best deals come and go throughout the year. You’re more likely to find lease offers at the end of a model year when inventory is being refreshed for the next model year. Some dealerships offer low or no down payment options, while others discount the monthly payment on specific trims. Business owners may be able to get better pricing on Ford F-250 leases, especially if they’re leasing multiple trucks.
Ford F-250 Business Lease
Leasing could be a smart financial move if you’re using your Ford F-250 for work. Many businesses prefer leasing because it keeps monthly costs predictable and frees up cash that would otherwise be tied up in vehicle ownership. A commercial lease can offer several tax benefits. For instance, lease payments are often eligible for deduction as a business expense. Additionally, commercial leases for Ford F-250s usually come with more flexible mileage limits. If your business requires multiple trucks, favorable leasing programs can offer competitive pricing and extra benefits.
Is Leasing A Ford F-250 Worth It?
With flexible Ford F-250 lease options, competitive pricing, and Ford’s commitment to building some of the toughest trucks on the road, there’s never been a better time to consider starting a lease. Accurate information is provided to help customers make informed decisions. Whether you need a dependable work truck or a heavy-duty daily driver, leasing lets you enjoy all the power and performance of a Ford F-250 without the long-term financial commitment of buying. The availability of vehicles may vary and can be confirmed upon request. Visit us today in Wytheville, VA, to explore available lease deals and find the perfect Ford F-250 lease for your needs!
