- First Name
- Mike
- Joined
- Sep 1, 2021
- Threads
- 6
- Messages
- 336
- Reaction score
- 889
- Location
- Charlotte, NC
- Vehicle(s)
- Honda Accord, Ford Maverick
- Engine
- 2.5L Hybrid
- Thread starter
- #136
It's getting pretty clear I should have brought up the matter here before going into the lion's den. These are all things I'd learned years ago, but after a twenty something year dry spell between new cars, the lessons had left me. Plus, though I'd like to blame my wife for pushing me to just get the deal done, so she could drive her new truck home....truth is I kind of felt the same way.Great review, thanks!
Regarding the poor trade in: whatever amount you got under the dealer trade-in value you see in online calculators (plus considering the great market for used cars which should bump that up if they haven't made adjustments lately) that is the amount to add to the sale price to see what they actually got for it.
What would have been interesting is if you told them you got an offer on your car and thus will sell it that way, using the take from the sale toward your purchase at the price they've offered. In theory the price they offered should not depend on trade in. If you had a written offer that should (I think?) lock them into the sale price they offered regardless of the trade in. In this scenario, the objective is that they offer you the "convenience" of just doing it all right then and there, and thus offer you more for the trade in.
When I but I always tell them I'm unsure about trading in (I used to only sell privately, which is a hassle and complicated to coordinate with the new purchase) and work on a price presuming a loan. But alas, that's all water under the Maverick now... Congrats!
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