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-   -   Trading in a car towards a car of lower value at a dealership. (https://www.revscene.net/forums/659686-trading-car-towards-car-lower-value-dealership.html)

Acura604 12-16-2011 05:21 PM

Trading in a car towards a car of lower value at a dealership.
 
So yah it's simple

Thinking of trading in my car towards a car that is priced lower at a dealership. Does this simply mean the dealership would cut me a cheque based on the negotiated difference in value? My car trade in value could range from $22k to $25k. The Car I want is advertised at $18k. Best way to negotiate on a sale like this?

double0seven 12-16-2011 05:25 PM

I think you should just sell your car privately, so you don't get lowballed by the dealership. That way you could sell it for more + more cash at the end of the day after you purchase that 18k car.

donjalapeno 12-16-2011 05:37 PM

yeah but selling privately take alot of time and patience. Out of 10 people that come see the car 8 are probably tire kickers but in this case i think its best to just sell privately if your not in a rush

KayCaz 12-16-2011 06:01 PM

They will lowball you. Probably try to make you still pay cash on your end.

lukejian 12-17-2011 02:00 AM

they will definitely lowball you the price... if you have time, try sell it privately

Nssan 12-17-2011 07:45 AM

best is just try... and see what they offer you .. you obviously know what you want.

falcon 12-17-2011 08:47 AM

They will lowball you a bit, but you get the plus of not paying any tax, and they will give you a cheque for the difference. I've taken in lots of motorcycles before that were worth more than the new one.

punkwax 12-17-2011 09:01 AM

Yes they will cut you a chk. I got $6500 from Honda when I traded my IS in.

You get the tax benefit and it's way less hassle and worth losing a bit of cash IMO.

Go to several dealers and see who will give you most for your car and negotiate freebies to make up for the lost cash.

gwh0803 12-22-2011 03:37 PM

try to sell on your own if you have a relatively new, low mileage car. they tend to lowball you quite a bit with all sorts of odd excuses, but there are always exceptions.


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