How the Mike Murphy Ford Buying Center Works V
Mike Murphy Ford staffs its Buying Center with up to three team members during business hours. There are two ways in. Begin online with the Value Your Trade tool, or contact the store with your questions and book a time to bring your car, truck or SUV to Morton.
The online tool asks about your vehicle step by step and comes back with an offer in minutes. Ford points out that its own online trade-in value is an estimate, since many factors cannot be assessed without a physical inspection. The actual value is set when the vehicle is appraised in person.
- Up to three Buying Center team members during business hours
- Online prompts walk you to an offer
- Contact the store to book a time or ask questions
- Ford calls its online trade-in value an estimate
- Bring the vehicle in to firm up the number
Value Your Trade
If You Still Owe on Your Car V
An open loan adds a step: get the exact payoff from your lender, since the Consumer Financial Protection Bureau notes it may not match your statement. Set that number against your offer from Mike Murphy Ford. If the offer is higher, the CFPB says the net proceeds of a trade can serve as a down payment.
When the payoff tops the offer, the CFPB and the Federal Trade Commission call the gap negative equity, and three cautions follow. Carrying it into new financing raises the cost, a promised payoff should never be tucked into the new loan, and any spoken promise belongs in the written contract.
- Net trade proceeds can count toward a down payment
- Lender payoff figure, not the statement balance
- Carried-over negative equity raises what you finance next
- Promised payoff? Confirm it is not in your new financing
- FTC: keep any new loan as short as you can afford
Contact Our Team
Before You Visit the Buying Center V
Do some homework before visiting Mike Murphy Ford. Kelley Blue Book, Edmunds and NADA Guides are the value guides the FTC names, and checking them first puts any offer in context. Ford says following the maintenance schedule may help increase a vehicle's value when you sell or trade it, so gather your service records and your lender's payoff figure.
Illinois ties license plates to the owner rather than the vehicle, so yours stay with you and can be transferred to another vehicle you own. Selling a Ford? Ford's own checklist calls for a master reset of SYNC and removing the vehicle from the Ford app first. Separately, Ford says your Ford Rewards Points stay in your balance.
- Three FTC-named value guides to check before you come in
- Service records, since upkeep may help resale value
- Keep your Illinois plates; they cannot transfer with the sale
- Ford owners: master reset SYNC, remove the vehicle from the app
- Browse used inventory if a replacement is next
View Used Inventory