Why is my trade in value so high?
I have a 2002 Flagstaff 228 popup that I bought in 2007 from the original owner for $4500.00. I was quoted in writing a trade in value of $5000.00 when I was looking.at used class c motorhomes at ...
Forum Discussion
Many years ago when I was selling industrial, farm, and yard equipment for a living, we had a 10% floor discount limit on most deals. That meant I could come down up to 10% for any reason without managerial approval. That gave me some flexibility on trade-ins too. If a customer picked out $10,000 worth of yard tractor and accessories for instance from our standard price sheet, and then mentioned he had this old riding mower to trade in that was worth little more than junk price, I could offer him $500 for it to close the deal, and still be $500 ahead on my floor limit.
