| Vancouver Auto Chat 2016 VAC Community Head Moderator: Raid3n |
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12-16-2011, 05:21 PM
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#1
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RS has made me the bitter person i am today!
Join Date: Apr 2001
Location: Vancouver
Posts: 4,824
Thanked 3,020 Times in 789 Posts
Failed 373 Times in 99 Posts
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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?
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12-16-2011, 05:25 PM
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#2
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Where's my RS Christmas Lobster?!
Join Date: Jan 2010
Location: RichCity
Posts: 896
Thanked 383 Times in 140 Posts
Failed 37 Times in 17 Posts
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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.
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12-16-2011, 05:37 PM
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#3
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RS has made me the bitter person i am today!
Join Date: Apr 2010
Location: Guadalajara
Posts: 4,762
Thanked 5,613 Times in 1,255 Posts
Failed 1,578 Times in 359 Posts
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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
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12-16-2011, 06:01 PM
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#4
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I Will not Admit my Addiction to RS
Join Date: Apr 2006
Location: RS
Posts: 584
Thanked 173 Times in 46 Posts
Failed 79 Times in 16 Posts
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They will lowball you. Probably try to make you still pay cash on your end.
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12-17-2011, 02:00 AM
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#5
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NEWBIE ACCOUNT!
Join Date: Dec 2011
Location: Richmond
Posts: 15
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
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they will definitely lowball you the price... if you have time, try sell it privately
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12-17-2011, 07:45 AM
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#6
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I bringith the lowerballerith
Join Date: Dec 2003
Location: Vancouver
Posts: 1,118
Thanked 28 Times in 12 Posts
Failed 9 Times in 6 Posts
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best is just try... and see what they offer you .. you obviously know what you want.
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12-17-2011, 08:47 AM
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#7
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My homepage has been set to RS
Join Date: Jun 2006
Location: Deutschland
Posts: 2,402
Thanked 900 Times in 387 Posts
Failed 395 Times in 107 Posts
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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.
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12-17-2011, 09:01 AM
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#8
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Waxin’ Punks
Join Date: Jun 2006
Location: South Surrey
Posts: 7,332
Thanked 6,212 Times in 2,162 Posts
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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.
__________________
If you drive like an asshole, you probably are one.
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Quote:
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What do your farts sound like then?
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12-22-2011, 03:37 PM
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#9
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Wunder? Wonder?? Wander???
Join Date: Dec 2010
Location: Richmond
Posts: 247
Thanked 188 Times in 36 Posts
Failed 2 Times in 2 Posts
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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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