Question for those in the know. When trading in a vehicle towards a new one, does the dealer go by auction price of vehicle being traded in or by NADA/KBB? Reason I ask is I had a buyer for my truck, ...
It can also depend upon what vehicles the dealer already has on his lot. If he has a bunch of slow moving pickups and that's what you are trading, he figures that he will probably have to auction yours and that value is significantly below "trade in" value.