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-   -   Dealer Trade In (https://www.revscene.net/forums/642020-dealer-trade.html)

rageguy 04-04-2011 09:55 PM

Dealer Trade In
 
When you trade in your old car to a dealership, they will usually try to sell it by posting ads on their website and maybe even Craigslist. But what if no one buys it? Where does it go?

I traded in an old car of mine and I'm somewhat curious:
1. How much they are asking for it
2. Where the car is right now

lol 04-04-2011 09:58 PM

The car could be on a diff lot or else gone to an auction.

Jgresch 04-04-2011 09:59 PM

It goes to car heaven.

Jgresch 04-04-2011 10:01 PM

But seriously, depends what dealership it is, a lot will not keep trades unless they are newer, they will just wholesale them to the used lots, or sell them to employees or whatever.

If they do decide to attempt to sell it themselves, it will go to whoever buys it, whether it be a customer, a dealership off the lot, or a dealership through the auction.

Just look for your car on craigslist/buysell with similar kms. Which dealership is, I can probably tell you who they wholesale to.

rageguy 04-04-2011 10:07 PM

Quote:

Originally Posted by Jgresch (Post 7375808)
Just look for your car on craigslist/buysell with similar kms. Which dealership is, I can probably tell you who they wholesale to.

I've been searching on those places with no luck. I traded my car to OpenRoad Hyundai.

Jgresch 04-04-2011 10:11 PM

How long ago did you trade it in and was it a newer vehicle? And why do you want to find it?

RevRav 04-04-2011 10:11 PM

^ What car was it?

rageguy 04-04-2011 10:14 PM

Feb 14, and it's a 2003 Nissan SE-R. I'm simply curious how much it got sold for and if they treated the car nicely. :)

TOPEC 04-04-2011 10:16 PM

it probably got auctioned off for book value already.
or at a junkyard being scraped for parts lol.

Jgresch 04-04-2011 10:19 PM

Quote:

Originally Posted by rageguy (Post 7375839)
Feb 14, and it's a 2003 Nissan SE-R. I'm simply curious how much it got sold for and if they treated the car nicely. :)

I doubt they would sell that off their lot and I'm not sure who they use as a wholesaler. They wouldn't have auctioned it off, it's more cost effective to give it to their wholesaler. Chances are the dealership who ended up selling it won't tell you what it sold for but they might give you an idea of who it sold to.

Quote:

Originally Posted by TOPEC (Post 7375846)
it probably got auctioned off for book value already.
or at a junkyard being scraped for parts lol.

mmm probably not lol

Energy 04-04-2011 10:21 PM

Yup, in my experience if they can't sell it (too old, too many accidents, oddball car) then it'll go to auction.

Ineedmoney 04-04-2011 10:51 PM

A new car dealership will determine whether they will sell your trade in on their lot depending mostly on mileage and condition. When I worked at Toyota the highest mileage car I've seen on the used lot was 230,xxxkm, the car was a 97 QX4.

EDIT* I should add that the pos cars that get traded in are sold in groups to small used car dealerships such as BC Dealers Trade In Center.

FerrariEnzo 04-04-2011 10:54 PM

Dealers like to make it seem like they move cars fast.. i was told after 3-4 months if they can sell the used car themselves, they wholesale it to shady dealers... thats why there are sooo many shady dealers popping up..

smoothie. 04-04-2011 11:03 PM

Quote:

Originally Posted by rageguy (Post 7375839)
Feb 14, and it's a 2003 Nissan SE-R. I'm simply curious how much it got sold for and if they treated the car nicely. :)

is it black?

rageguy 04-04-2011 11:27 PM

Quote:

Originally Posted by smoothie. (Post 7375911)
is it black?

Nope, it's blue.

http://img64.imageshack.us/img64/2926/img5765i.jpg

haulin oats 04-05-2011 09:17 AM

They would have sold it to a wholesaler. It may have passed through one, or many wholesalers before landing at a used car lot, or directly to a retail customer. A lot of the time it's not worth it financially to sell older cars at the auction.

oldsnail 04-05-2011 11:19 AM

when i traded my accord to a Jimmy Pattison dealership. they took it in for 7k.. and the next week, i saw it on the lot for 14k.

i asked them why the markup and they did not fix the stuff that they deducted from me.. they said it cost money to park it. i gave them the rolled eyes and left

Roach 04-05-2011 01:02 PM

Your car was wholesaled out. I can't say for how much.

How are you liking your Gen Coupe?

Kev

rageguy 04-05-2011 01:18 PM

Quote:

Originally Posted by Roach (Post 7376581)
Your car was wholesaled out. I can't say for how much.

How are you liking your Gen Coupe?

Kev

No problem, I understand that. Are you able to say where it went to? If a specific name cannot be mentioned, can you give me a rough location?

The Genesis is awesome. :) The sales, Valentino and the business manager, Tina, both were great.

- kT 04-05-2011 01:34 PM

man you could've just messaged me and i could've told you that your car was gone from the back parking lot the day after you dropped it off! would've saved you a lot of hunting on the openroad site and stuff. i drove it about 10m from the back to the front :fullofwin:

also, yeah, valentino's an awesome guy :D

Edison_Chen 04-05-2011 06:18 PM

Quote:

Originally Posted by rageguy (Post 7376606)
No problem, I understand that. Are you able to say where it went to? If a specific name cannot be mentioned, can you give me a rough location?

The Genesis is awesome. :) The sales, Valentino and the business manager, Tina, both were great.

Which Tina did you meet? The younger one or the older one?

rageguy 04-05-2011 06:47 PM

Quote:

Originally Posted by Edison_Chen (Post 7377020)
Which Tina did you meet? The younger one or the older one?

The younger, Asian one. You know her?

Edison_Chen 04-05-2011 07:11 PM

Not personally, but I used to work at Hub Insurance across the street and I used to talk to her once in a while when I was doing insurance at the dealerships.


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