Question on Trade in

fibbi

When I check the blackbook value site, it gives me a price range for my car. Say 20-23K. Just wondering, when I sell to the dealership, would I more likely get 20K or the upper end 23K, or lower than 20? Assuming my car is in very good condition, no accident/no claim.

Thanks!

siumaibb

don't sell to dealer, do private sale

dealer ALWAYS rip you off, 佢地都要賺架

Hyde

原帖由 siumaibb 於 2008-3-4 11:48 發表
don't sell to dealer, do private sale

dealer ALWAYS rip you off, 佢地都要賺架

but when u trade in, u pay tax on only the difference, the amount of tax u save can easily cover up the extra amount u make from private sales plus you dont have to deal with the hassle

if her car is worth 23k on the book.  she cant get more then 26k retail.

fibbi

Thanks for the input. Yeah I don't really want to go over the trouble of private sales, unless the price from dealership is really bad.

And how come buying from the US is so much cheaper... 37700 VS 43390!!!!  

Hyde

37700 vs 43390 is only 6k difference.  by the time u imported it up, it will cost even more then u buy in Canada.  and u sure all the options and standard equipment are the same?  cuz on Canadian spec cars, they usually come with more standard equipment.

BMW and Infiniti on the other hand have 12k difference on most cars...

FeiB

Selling car privately is an art all on its own... If you want to sell at a high price, you might have to go through a lot of trouble... Not everyone are easy to deal with.. but of course the extra 3 to 4k is a good incentive to sell your car privately...

Selling to dealership is fast and easy if you are buying a new car... you might be able to bargain to the point that it is similar to selling the car privately (of cuz you will have to include that tax that you save on your new car)  However, always remember... don't let them know that you are trading in your car up front.. cuz they will corner you to think that you strike a deal by offering you a bit more on the trade in value... remember... buying a car and trading in a car are two separate transaction... find the car that you want... bargain to a price that is acceptable.. and then tell them that you are trading in your car... there are a lot of information on how to bargain at a car dealership on the internet...

btw.. you might want to check out a site that lists out how much the car dealership will earn on your new car.. so you know the bottom line that you can bargain to... I forgot the website.... but maybe fellow LYK can input on that...

ashtaron14

Also remember that a dealer will not call you and tell you that they want their $ back after you sold your car to them.

GATSE

the black book price is just a reference... the real price is really depends on the demand of the car at that moment... eg. if u have a American car, they are always below the rough book price.
so, even the book says ur car is 20k-23k. doesn't mean that u will get that range..... if the dealer or broker really need that car (usually they have another buyer already), they will even pay u more $$ for ur car... but some of the car is really no 2nd hand market, then they might worth less that the book price....