KD in CA Posted January 30, 2009 Posted January 30, 2009 I'm about to buy a new car and need to decide on the trade in. It's easy enough to see what my car is worth on the used car market, but my question is, what % of that retail is reasonable for me to get from the dealer? (my new car is a different make). Obviously they have costs to bring it back to market, and there is the value of not having to sell it myself, sales tax benefit, etc., but I've never known what a reasonable mark down is for the dealers. Any thoughts? Thanks
Stussy109 Posted January 30, 2009 Posted January 30, 2009 best way to see the true market for your car is to check out ebay completed auctions, you can do this through the advanced search features. I used it to determine whether to trade or not. If u want the best deal u need to pit 2-3 dealerships against eachother. Hey dealership x offered this for my trade and this for the new car, if u can beat it, i'll give my business to you. Then go back to the other guy and do the same. If they know you're not shopping around, you'll get beat.
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