I bought my 2019 Equinox last year and paid $19,000 for it. I got a notice last week that my trade-in value is now $22,000. The price of used cars is escalating.
I would ignore those trade-in value notices. The dealer is offering you more money today than you paid for the car last year because they’re going to apply that trade as a credit for a new 2022 vehicle that is: (1) absurdly overpriced, and (2) won’t even be delivered to the dealership until August at the earliest.