Forum Discussion
10forty2
Jan 09, 2015Explorer
A lot goes into a trade value versus the actual selling value of a vehicle. In many cases, the salesman will offer you MORE than what you expect for your vehicle making you THINK you are getting a real deal and that they're your buddy. When in actuality, they are simply applying the amount that they're willing to discount off the original sticker price of the vehicle you are wanting to purchase, to the value of your trade-in. In other words, if the sticker price was $100K for the one you wanted they would either offer you a $10K discount on a cash sale OR you'd likely get about $10K more on your trade in but you'd still be trading on $100K instead of $90K. Get it? You're always best to negotiate a cash-sale price first and then entertain a trade with the salesperson. At least then, you know about how much they are willing to come off of sticker price.
But definitely do what you can to find out what the value of your vehicle is too!
But definitely do what you can to find out what the value of your vehicle is too!
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