Clayton Blog

How Does Manufactured Home Trade-In Work?


Different manufactured and modular home retailers across the country may offer trade-in programs for used mobile homes. These trade-in programs help homeowners like you find the next home of your dreams without having to worry about the home you already own!


Manufactured Home Porch Exterior


The Mobile Home Trade-In Process


If you’re interested in buying a new manufactured or modular there are a couple different opportunities that could be available to you:


Clayton Manufactured Home Center 

  • A home center could take your current manufactured home off your hands at no cost to you. This typically happens with manufactured homes that are not in good condition or do not have trade-in value. While you may not receive any trade in value toward your new home, you won’t have to worry about what to do with your current pre-owned home!


  • A home center could take your current home off your hands and its trade-in value, as determined by the home center, could be applied toward your deposit to reduce the required deposit for the new home you purchase at the home center that is accepting your trade.* Talk to your home center about whether or not additional deposit funds are required on top of the trade-in value.


  • The trade-in value of your current home could be applied to reduce the price of the new home you’re buying.*


Depending on your unique situation, you may also need to speak with your lender. If you have an outstanding loan on the home you’re trading in, you’ll need to consult with your lender to determine your options regarding the loan.



How to Determine Manufactured  Home Trade-In Value


Mobile Home Exterior Trade-In


All manufactured homes (built 1976 or later) have a NADA value, which is similar to the NADA value for pre-owned cars. The NADA value of your current home will give you an idea of what your current home’s value may be and will be one of the factors your local home center considers as they estimate your current home’s trade-in value.


Remember that other factors also affect the trade-in value of your home like the home’s condition, its foundation, the costs for the home center to transport the home and other factors.


To help determine the trade-in value of your current home, a representative from your home center will go with you to your home to perform a site inspection. This inspection provides the home center with additional information that is necessary to evaluate and determine your home’s value.


What Happens to Your Current Home


Many home centers buy manufactured homes from current homeowners with the intention of reselling them as pre-owned manufactured homes. Depending on the condition of the home that the home center receives in the trade, a home center may choose to sell the home for materials and parts instead.


How to Get Your New Home


Once you find the new home you’ve always wanted, your home center consultant will walk with you through the entire home buying process. Just like with any new home purchase, you will select your lender if you are financing your purchase and then, you will work with your home consultant to get personalized features and upgrades you love.


New Manufactured Home Being Transported


Finally, you will find the right home placement location and set up contractors to install your new home. Your home center can provide you with information about your home placement and set up as well as help you find contractors for your home placement process.


Happy Couple New Mobile Homeowners


No matter the condition of your current manufactured home, if you’re looking for a new manufactured or modular home, talk to your home center and give them a chance to evaluate what trade-in package may be available to you! Our friendly home consultants want to help you create the perfect trade-in package so you can have the home of your dreams!



Find Your Perfect Prefab Home!



*Clayton strives to give you the most competitive trade-in value toward new homes purchased at the posted  retail price as long as the used manufactured home has trade-in value as determined by the home center at which the new home is being purchased.  Talk to your local home center to find out whether a trade-in package can be combined with other promotions and incentives that may be offered.  


Topics Manufactured Housing