2006-12-31 03:07:18 · 7 answers · asked by jrgdeadman 1 in Cars & Transportation ➔ Buying & Selling
it is designed to screw you out of some big bucks---- if you can sell your car and then go with the cash to buy a new car that's the best way to go.......
2006-12-31 03:10:34 · answer #1 · answered by XTX 7 · 0⤊ 0⤋
Depends on your new car cycle. The trade-in idea is a money loser, sure, but it's simple and straightforward. If you are getting a new car every 3 years a dealership may give you an OK deal. Some people feel at risk trying to sell their car. You will have complete strangers coming by the house to test drive what you are selling, etc.
If your car is over 5 years old, then the dealership really doesn't want it and you will get a terrible offer. It all comes down to their ability to turn the trade-in quickly.
2006-12-31 03:21:58 · answer #2 · answered by Blu 3 · 0⤊ 0⤋
If this is your first time you are in for quite a ride. most dealers will try to give you nothing for your car. look on line and find out what the Kelly Blue Book value is on your car. be honest with your self as far as the condition of the car and go from there they will not give you that but it si a starting point. the best thing to do is sell it your self and take the cash in as a down payment. there are "push, pull, drag programs out there that will offer lots of money for your car but most of the time the price of the car is raised to compensate for the high trade in. be careufl and dont be afrade to walk away. let me know if there is anythign else you need. Mike
2006-12-31 03:18:24 · answer #3 · answered by Mike M 1 · 0⤊ 0⤋
Trades are for people who do not have the time to sell their car. You are always better off going to local dealer without a trade in. They will not give you $$ OFF invoice and top retail for your car.
2006-12-31 03:18:07 · answer #4 · answered by - 5 · 0⤊ 0⤋
Just traded my car in Tuesday. It was worth 9,000, they gave me 5,000. Their job is to make money on the trade and the sale, basically screwing you out of a couple thousand. My advise, is if you have the time and patience, is sell out right through your local paper. You'll get closer to the amount you want.
2006-12-31 04:55:44 · answer #5 · answered by KTMai 2 · 0⤊ 0⤋
They make it sound like you are getting a great deal, but you know salesmen. If you own the car, it's better if you can just sell it on your own, and then use that money for your new one.
2006-12-31 03:12:43 · answer #6 · answered by Anonymous · 0⤊ 0⤋
It sucks. Just dont let them get the better half of you. If you know what your vehicle is worth dont go to far from that value.
2006-12-31 03:12:21 · answer #7 · answered by wildchild12many 1 · 0⤊ 0⤋