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Can you get ripped off when you 'trade down' and the vehicle you are trading off is worth more than the one you are getting?
Wiki User
∙ 8y ago
You can always get ripped off anytime you trade. Also you will not receive nearly as much as the car is worth and will pay more in the long run. Sell your car to a private party at somewhere between wholesale and retail. Find the value at www.nada.com By eliminating the trade you are in a much better position to purchase a vehicle at the lowest price possible. Dealers will not give you near what the car is worth. Usually less than wholesale. If at this time you are upside down on the loan, I would suggest you keep what you have or find someone to take over the payments.
Wiki User
∙ 8y ago
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How much can you get for xbox 360 for trade in?
you should get at least $100 or more if not you're getting ripped off.
What is the definition of NADA trade value?
NADA is an acronym for the National Automobile Dealership Association. NADA trade value is defined as the value of a vehicle that dealerships will offer when trading them in towards the purchase of a new or used vehicle on their lot.
Will you get more if your trade-in is to a dealership selling that model?
You will almost always get more money if you sell the vehicle yourself versus trading it in.
What is the journal entry for trading a vehicle for another vehicle?
Debit new assetdebit loss (if any)debit accumulated depreciationCredit cash / bankcredit profit (if any)credit old car trade-in
Can you trade a use car in for a new car?
It depends upon the dealership, but generally speaking yes. Make sure if you are buying a new vehicle not to mention your trade until you have set and agreed on a price on your next car. If they ask before that if you have a trade just say no. That way you won't get lost in what your getting off the new vehicle and what your trade is worth. Also when trading in use sites like KBB, Edmunds and NADA to find out a rough value of your car when trading into a dealer to make your not getting a very low trade in price. If the trade price they give you is extremely low, I always say don't walk away from a deal and let them come back and counter offer with you. Some cars due to economic conditions and the area, and even condition your selling them in will vary and it might go on the dealers lot to be sold or go to a car auction.
Is there a way people can trade in cars for used pick up trucks?
Generally, when you go to a local dealership to purchase a new or used vehicle, they ask you whether or not you will be trading in another car. When you are asked that, let them know that you are wanting to trade a vehiclae in and they will give you a certain amount of money for your trade-in to add towards the vehicle you are wanting to buy.
Why does it say when you make a trade trade not successful?
Lost Trading
What was ancient Rome trade like?
Their trade was about trading stuff.
Can someone show me where to find current trade-in values?
The best website to check out trade in values is www.kbb.com ,which is Kelly Blue Book. This is one of the websites many dealers use. They will give you a quote based on the current condition of your vehicle and whether you will be trading in the vehicle or selling to a private party.
Where do you get a Glaceon on Pokemon Silver?
In soul silver? I'm sure you have to trade from platnium.I'm sorry, but there's only one way of getting it is by trading for it.
Will trading in a car not yet paid for a newer car cause you to pay more money?
Yes, of course. Because the loan on that first vehicle still needs to be paid off. The best thing to do is not trade it in, but try to sell it on your own. Then use part of that money to pay off the loan and the rest as a down payment on the new car. You're never getting as much as you think you're getting when you trade in a car. Remember: The dealer has to detail, repair, etc. that trade in before they can sell it and they intend to sell it for a PROFIT. If it seems like you're getting a good price for the car, you're probably paying a lot for the new car you're trading in for.
What is trade sector?
it is a catergrey of trading
