my car has a great amount of trade in vaule as per Kelly blue book......but what does that really mean when I go to get a good used car...I think I want an esclade what will my down payment be..
I'm lost when it comes to trade in vaules blah blah can any one help me....
2007-09-27 11:29:59 · 3 answers · asked by Michelle E 2 in Cars & Transportation ➔ Other - Cars & Transportation
there should be wholesale and retail prices listed
a dealer is going to give you the wholesale value when you trade
he may inflate the asking price so it looks like y9ou are getting a better deal but in truth, he cant afford to pay more because he still has to sell it for a profit.
you are usually better off trying to sell you car even if you dont get as much for it and then making a cash deal. you will get a better discount from a dealer that way.
2007-09-27 11:37:32 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Dealers will normally go with the "Good" level of the Trade value and look to see what the Trade from a Dealer would be too. You can sell it privately for more money.
Good Luck.
2007-09-27 18:37:21 · answer #2 · answered by Nobody_Here 4 · 0⤊ 0⤋
If you used Kelley's then it should be fairly close. They will give you 3 different prices, retail, private sale, and trade-in value. If you use the trade in value then that should be about what you should get.
If possible, try and sell it yourself, you'll be money ahead by cutting out the middle man.
2007-09-27 18:39:59 · answer #3 · answered by Fordman 7 · 0⤊ 0⤋