I want a new car. I have a couple of very nice used cars. Is it possible to make a trade with a car dealer where it is an even swap? I understand that I will be responsible for the Tax, Title and License.
I also understand that a new car dealer is their to make money, but the two used cars I have are NICE cars and they will probably make more money on the sale of these two used cars than from the sale of on new car.
If you are wondering why I just don't sell the used cars and use the money to buy a new car - it is because I don't have the clout that a new car dealer does. I don't have a hundred customers a day walking past my car with the intention of buying a car. Just makes more sense to me.
Again, is it possible to make an even swap at a new car dealership with a couple of used cars???
2007-02-28 01:59:37 · 8 answers · asked by Business Owner 2 in Cars & Transportation ➔ Buying & Selling
You can trade even, or you can even get cash back, depending on the value of your cars and the price of the new car. I would suggest that you get the values of your cars at nada.com and kbb.com. Then price your new car at the same sites. Go to the dealership armed with this information and you can make a good deal. Don't let them push you around; you hold all the cards. If one dealer doesn't give you the deal you want, go to another. Good luck!
2007-02-28 02:07:09 · answer #1 · answered by J.R. 6 · 0⤊ 0⤋
Your right dealers have to make money. It will depend on what the value of the used cars are and the value of the new car . Deals like this are hard to come out on because the dealer buys your car as close to wholesale as he can get it and sells the used cars as close to full retail as he can.
With out a doubt selling your car yourself is the best outcome. You would get close to used retail for you car and have more money to purchase the two cars. Remember that when it comes to selling your car that it only takes one buyer to make it work. There are many places to advertise your car, the Internet, the paper, a sign in the rear/front window etc. Also be realistic about pricing. Ask a used car dealer how much it is worth. Look at used blue book on the Internet. you can do it!
2007-03-02 14:32:22 · answer #2 · answered by Lawrence K 2 · 0⤊ 0⤋
Sadly your conundrum is vehicle depreciation and dealer whole sale prices that keep you from trading in two used for one new. Even the day the new car is sold it depreciates. That's an inescapable issue of life. So like the millions of other lost souls with used cars do.. Place your add and or grin and bear it at the trade in. And take it in the ____ like the rest of us automobile owners do.
2007-02-28 02:13:17 · answer #3 · answered by Kill_Me_Now! 5 · 0⤊ 0⤋
depends totally on the value of your cars. it can be done, but it is not the most common way to buy a car. you are always better off to sell yours on your own, as a dealer is only gonna give you wholesale value for the trades. also the nada and kbb is to be used only as a suggestion, as if you notice, there is no 'print check' option on those web pages. they will typically be a thousand or two high on the values, so don't look at those pages as gospel, just as a guideline!
2007-02-28 02:49:05 · answer #4 · answered by michael_oxgood 4 · 0⤊ 0⤋
Sure you can make an even swap. It's even possible to get money back. Simply a matter of the value of your cars, vs the price of the new one.
2007-02-28 02:26:36 · answer #5 · answered by mantle two 4 · 0⤊ 0⤋
My brother successfully traded in his 1 year old VW on a new Honda and got the 3000.00 difference back in cash, 1/2 of which he used to place a larger down payment, the balance of which He used on other things. His real savings advantage was in the insurance premium, the Honda cost about 1/4 as much as the hot-rod VW.
2007-02-28 02:23:28 · answer #6 · answered by Ben H 5 · 0⤊ 0⤋
I would just sell the two cars in eBay. Each car listed there gets seen thousands of times.
2007-02-28 02:18:42 · answer #7 · answered by Leonardo S 2 · 0⤊ 0⤋
Here's a link on ebay Map-it where you can find them in your home town
2007-02-28 09:30:55 · answer #8 · answered by mike m 4 · 0⤊ 0⤋