My SUV is Eddie Bauer Limited edition and has about 130,000 miles on it.
2006-12-29 03:58:17 · 4 answers · asked by klo 1 in Cars & Transportation ➔ Buying & Selling
Just an FYI, some dealerships charge more for the car you are buying if you have a trade in. The last used car I bought had a sticker price of $15k, after I started talking to the guy and said I didn't have a trade in, the price automatically dropped $1900.
I agree with not telling them you have a trade in until they give you a solid price.
2006-12-29 04:15:54 · answer #1 · answered by Ron Porkmore 4 · 0⤊ 0⤋
The dealer of your choice will examine the vehicle and check with either http://www.nada.com or http://www.kbb.com for trade-in value. Then they will try to make you an offer below that amount... much better for you if you know what type of price your truck will bring them..ie know trade-in and retail values.
That amount, minus any money you owe on the truck gets credited towards the purchase of the new SUV
1999 Exped. they offer $10000
minus pay off of $4000
==========================
gives you trade-in credit of $6000
New SUV costs $46000 you need to come up with $40000
---Hint first work on the price of the new truck you want.. .don't take any crap and start from a price you never think they will accept like say $40000.. and you are not going to trade a vehicle in !!!
Ask them for 24 hours to decide.. return the next day with your truck and tell them you decided to trade it in.. .now you already know what your truck is worth (about) since you clicked on the links I posted above. deduct average trade-in from $40000, say it is $10000 and you owe $4000... so you tell them.. I will give you my truck, you all pay it off and sell me the new truck for $34000.. $40000 they agreed to, plus the $6000 left over from old truck after payoff..
If you roll on the lot with your old truck and tell them you want to trade it in... well expect to get screwed around with numbers until you are dizzy and pay way too much for the new one.
2006-12-29 04:06:31 · answer #2 · answered by shovelkicker 5 · 0⤊ 0⤋
Say your suv is worth 20,000, you go to the dealership, they knock off 15,000 from the vehicle you buy and you walk away a loser, its better to sell your vehicle private.
2006-12-29 04:00:59 · answer #3 · answered by xeraphile 3 · 0⤊ 0⤋
You'de do better selling it outright and using the money for a downpayment
2006-12-29 04:04:36 · answer #4 · answered by Larry m 6 · 0⤊ 0⤋