2007-02-02 08:54:53 · 6 answers · asked by Aaron A 3 in Cars & Transportation ➔ Other - Cars & Transportation
If you trade your car in... the dealershipo doesn't do CRAP. They just use your car as an excuse to lower the price of the new car.
You are ALWAYS better off if you can sell your car by yourself!
1. If you still owe money on your car at the bank, the "payoff" price is added to the cost of the new car loan.
2. If your car is nice, and it can be resold later, the dealership will actually give you $ x dollars for it. But they will tell you to your face that they are giving you $3x for it. Now you are happy.
3. If you had NO TRADE IN at all, you could probably negotiate your way to a discount of a thousand dollars anyway. Then, go home and sell your old car yourself.
4. When you use the dealership to finance your car, they will try to raise the price on you with "longer terms", "extended warranty", "buy our insurance", "rust-proofing".
The short answer to your question is, "Welcome to our dealership, Mr. PROFIT FOR ME". The dealership will always make a profit on the new car, immediately, without considering the profit LATER made on your trade-in. That will just be extra profit for another salesman, later.
THUS... try to get the best total price WITHOUT a trade in. Then surprise them at the end with your trade-in. THEY HATE THAT!
The next owner of your car will learn nothing of its history. NO warranty, "sold as is", unless HE pays for an extended warranty.
2007-02-02 08:57:52 · answer #1 · answered by GOMEZ LOPEZ 4 · 1⤊ 1⤋
2
2016-08-30 09:29:40 · answer #2 · answered by ? 3 · 0⤊ 0⤋
If they are going to retail it they will. They probably won't do this at the time you go to trade it. May be a car fax at the most to see if you have a salvage title. To get the best deal go to the dealer at the end of the month. There are looking to make there sales projection numbers and you will get the best deal.
2007-02-02 09:06:52 · answer #3 · answered by Boston Mark 5 · 1⤊ 0⤋
The last time I traded a car in they didn't even bother to look at it, as it was it was parked quite away from the firm, no test drive or anything. Just as well, the gearbox was "shot" And they gave me the price I wanted. Buyers market I reakon.
2007-02-02 09:06:34 · answer #4 · answered by Anonymous · 2⤊ 0⤋
It depends where you trade your car.
Big dealerships don't even get into them. All they want is for you to buy a car from them. They didn't mine. All they want is their money from a big car purchase.
2007-02-02 08:59:44 · answer #5 · answered by *?* Q&A Girl *?* 2 · 0⤊ 0⤋
Yes. they must.
2007-02-02 08:57:49 · answer #6 · answered by MOM KNOWS EVERYTHING 7 · 0⤊ 4⤋