Trade-in value at dealerships?

[pwp type-s]

Anybody have experience with a trade-in value that is worth more than the car to be purchased? The car that i want to trade in is worth about $5000 to $10000 more than the car I want, thanks.

[falcon]

Yes. You get a cheque. That is if they want to take the car in. I've done it before (I sell...). We just give the cust a cheque of the difference.

[fliptuner]

Or sell your car privately, then buy the car you want.

Dealers aren't going to pay the retail value of your car.

[TomBox_N]

^ agree. Dealers love to lowball traders
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[spoon.ek9]

i used to work at a dealership, the mark up on used cars is usually 3x the price they paid the customer who traded it in

[hotong]

sell it privately, dealers will rip you off