Any tips for getting the most of your trade in at the dealership?

Question

I hate trying to sell it privately even though I know you get more $$.

Answer 1

have the car professionally detailed before taking in into the dealer for their appraisal, this makes the car more appealing to them. also, do your homework online (www.kbb.com) and know what your vehicle should be worth. No dealer will give you trade in value, but you have a good starting point. Finally, if buying a new car, go to edmunds.com to get the "True Market Value" of the car you want to buy. If buying used, go to kbb.com again for the "retail value" - hint - also look up trade in value for the used car you want to buy...the dealer will own it for about this much. Ask to see either the invoice for a new car or the wholesale report on the used. Do not pay a cent over these values. The dealer will still make money...but you'll save TONS.

Answer 2

the first element you want to do is examine the blue e book value of your automobile. Take the conventional, no longer the mint condition specs. That way you'd be lots in the route of the authentic value. in case your speaking about some hundred or thousand, on your commerce, evaluate the tax income of the commerce, no longer merely the quantity that they are going to provide you. as an party...say your state has a 6% tax. Your automobile is worth $5,000. The dealership provide you with $4800 for it. then you definitely purchase a automobile for $15000. The tax on a automobile devoid of a commerce in should be: $900. notwithstanding the tax on a automobile with a $4800 commerce should be: $720. you would shop $100 and eighty, so in result your commerce should be $4980. do exactly not bypass with merely the quantity they allow you to already know. Wait until eventually eventually close to the proper of the month even as they're searching to make their quota for the month. they're extra likely to make a deal. upon getting that finished, then sparkling the automobile, wash it, positioned tire cleanser on it, do the once over and make constructive each and every thing works. then you fairly will be making a much better purchase.

Answer 3

well..if you don't like to sell it privately. Your pretty much out of luck. The Dealer will not pay you what it's worth. Face it..they are there to make a profit. Unless it's a push pull or drag sale...then they just up the price of the car your buying by 2 or 3 grand (or how ever much they say they'll give you) then tell the lender that you have that much as a down payment and mark up the total cost of the vehicle. The best bet for you to do is to get the KELLY BLUE BOOK value of the car. Then try to get a loan on your own. don't go to the dealers. They mark up your loan interest rate. That's how they make money on NEW cars. Get as low of an interest rate as you can on your own. Then when you go to the dealer. Have them try to sell you a car..and see what interest rate they give you...then smack it to them with yours..and see how fast there tone changes. Learn how to control your money better go to the website below..and listen to the radio.

Answer 4

Aside from negotiating the trade price, which will affect the overall retail price of the new car you are getting, try a few dealers, have them price match eachother by getting quotes.. adding a few accessories to the car if you can buy them at cost or less, can help... They don't need to know what you paid for whats dressing your car up... OVERALL.. don't trade it in lookin like crap, have it detailed.. fix stone chips... scratches... see if you can get a hold of ALL of the history... this saves the Dealer time and money.. thus saving you money... You will always generally get more for your car privately.. try to negotiate the retail of the new car down to compensate for the lower price of your trade. OF course this is all relevant if your car is somewhat new as well... most new car dealers wont take anything to old unless it is of special interest... OH!!! Print the highest priced quotes of vehicles in your age and mileage range... that helps.
Take it from someone who works at a dealer.. and buys from other ones!!!

Answer 5

What I did was I found someone to buy the vehicle privately, but I had the exchanged done at the dealer.
This way I got the price I wanted and was able to save the tax (as the dealer treated as a trade in on the new vehicle).
The only thing they charged was $50 for the paperwork.

Answer 6

try to make it a close to sale able as possible. the less the dealer has to do the more he can allow you on a trade in.
before you go shopping go to kbb on line, and find out what the real value is.

Answer 7

Here's an interesting article that should help you in more ways than just getting best trade in. It is quite lengthy , but it describes what is happening from the moment you walk on a lot until you drive off. http://www.edmunds.com/advice/buying/articles/42962/article.html

Answer 8

Go at the end of the very last business day of the month as they are trying to make sales quota! Works even better if you go the last business day of the year! *wink* That's what I do every time!

Answer 9

WASH AND WAX!
Vacuum the inside out

Answer 10

ya, don't trade it in .. buy your new vehicle and sell your old one outright.