Any tips you can offer to increase the amount that you receive when trading in a vehicle at a dealership?
Thanks!
2007-03-13 07:52:07 · 9 answers · asked by yoopergoddess 2 in Cars & Transportation ➔ Buying & Selling
I would suggest doing your homework. Go to Kelley Blue Book.com (KBB.com) and load the necessary information to get the trade in value on your vehicle whether it be in fair, good, or excellent condition. The biggest thing we look for when we take in a trade, is whether or not the windshield and tires need to be replaced or not. I would also suggest not wasting a lot of money on cleaning because it will show more scratches. I hope this helps and good luck. Oh... you might consider selling it on your own, because you'll always get more than trading it.
2007-03-13 08:08:52 · answer #1 · answered by Rhettski 4 · 0⤊ 0⤋
The first thing you need to do is check the blue book value of your car. Take the average, not the mint condition specifications. That way you'll be a lot closer to the true value. If your talking about a couple of hundred or thousand, for your trade, consider the tax advantage of the trade, not just the amount that they will offer you. For example...say your state has a 6% tax. Your car is valued at $5,000. The dealership will give you $4800 for it. You then buy a car for $15000. The tax on a car without a trade in would be: $900. But the tax on a car with a $4800 trade would be: $720. You'd save $180, so in effect your trade would be $4980. Just don't go with just the amount they tell you. Wait till near the end of the month when they are looking to make their quota for the month. They are more likely to make a deal.
Once you have that done, then clean the car, wash it, put tire cleaner on it, do the once over and make sure everything works. Then you'll be making a wiser purchase.
2007-03-13 09:04:18 · answer #2 · answered by auditor4u2007 5 · 1⤊ 0⤋
Heres a good tip: Never trade your car to a dealer. You will always get more money for your car if you sell it privately.
Also you have to consider when dealing with a dealership everything you negotiate is on paper. What I mean by this is a dealer may say "Okay I will give you a $5,000 trade in for your car." But I garuntee you if you told the dealer "Okay I want $5,000 dollars right now cash or cheque in my hand for my car" it would be a totally different story and the salesman wouldn't go for it. They're very good a twisting things around and making it seem like your getting a good deal.
My father knows a man who works for a large well known car dealer and he's told him all the litte tricks and catches they do to scam people. Please be careful, theres a reason car salesman have a slimey sterotype.
Sell your car privately through autotrader or something, you *will* get more for it.
2007-03-13 09:35:13 · answer #3 · answered by CSF 6 · 0⤊ 1⤋
DON'T TRADE! Go buy your car and sell the old one yourself. You will always get burned by trading a car to the dealer. Go on line and price of the model you want and the price it should be. If you can, fiance through your own bank and forget what the dealer has to offer unless its a very low interest rate. If you get the price from the Internet let the dealer know that you know what the price should be, and don't be bullied. If you're buying a used car be sure to get a car-fax before you buy the car.
2007-03-13 08:05:37 · answer #4 · answered by Mountain Man 4 · 1⤊ 0⤋
Having traded a couple vehicles I will tell you my experience.
The dealer could give a rat's *** how the car looks. They determine how much you will get by offering you the wholesale value of the car. Looks may scale a couple hundred bucks. More than likely, your traded car will be on a trailer, headed to auction.
Take it to the car wash but, don't spend more than $25 on it... it won't make a bit of difference.
2007-03-13 08:06:23 · answer #5 · answered by KrautRocket 4 · 2⤊ 0⤋
No matter what you do, they will not give you more than wholesale (less than KBB trade-in). Once they offered $500 on an 8 year old car of mine.... which I sold privately for $2000. So you'll always get more selling privately..... unless your car is on its last legs (like the engine is about to go....). But don't tell the dealer that.
2007-03-13 08:04:13 · answer #6 · answered by Anonymous · 1⤊ 1⤋
Clean it up is a good answer...but I will go a bit further.
It not just a good wash and wax job that does it. You need to detail it...SUPER Clean it all over and don't forget the tires and wheels.
Change the oil, top off all fluids and clean the engine.
2007-03-13 08:00:50 · answer #7 · answered by dVille 4 · 0⤊ 2⤋
Keep and present regular service and oil change records.
Clean it up.
2007-03-13 07:55:27 · answer #8 · answered by wizjp 7 · 0⤊ 2⤋
phenomenal,.,.wanna,..
2007-03-13 08:01:32 · answer #9 · answered by Anonymous · 0⤊ 2⤋