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Trading In Your Car

#1 User is offline   kooky 

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Posted 23 June 2008 - 06:22 AM

My dad wants to trade in his 2004 Honda Pilot for a new Sedan (Honda or Toyota). He doesn’t speak English or know anything about anything so I have to handle it and I haven’t the slightest clue where to start or how to get the best deal. Kelly Blue Book says the car’s value is around $10,000. How do I negotiate a good deal at the dealership?

Thanks!!
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#2 User is offline   jphase 

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Posted 23 June 2008 - 06:01 PM

i would try to avoid trading it in cuz the dealerships tend to rip u off. so i'd try to sell it privately if possible

if you are gonna trade it in, then DO NOT mention the trade until after you have come to a price that works for you. After the price is set (car, ttl, fees) then tell the dealer you want to trade the car in.

thats all i really know..

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#3 User is offline   aznfishyfart 

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Posted 23 June 2008 - 06:05 PM

also u will get a lower trade in value than u normally would due to the lower demand of SUVs
u should try selling it private party....
anyways good luck!!
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#4 User is offline   j.k 

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Posted 23 June 2008 - 06:06 PM

^in respect to this answer.... its good advice. the sales person will continually bug you about trading in your old vehicle - just tell him you're thinking about selling it privately. and then like jphase said, only after you set the price of the new car, mention trading in the old car.
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#5 User is offline   Laxntiga 

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Posted 23 June 2008 - 07:10 PM

What jphase said. Only after you set a price for the vehicle you want, should you say you have a trade in vehicle. In anycase, the dealership rips you off for your trade in.

You could try to sell it through a private party first, then take the cash with you to the dealership.
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#6 User is offline   dct. 

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Posted 23 June 2008 - 08:28 PM

dealers always rip you off, its their job. Private sale is the way to go if you want your moneys worth but igt can be a hassle trying to sell your car privately, whereas a trade in would be easier way, its just you may have to pay a bit more, but its more convenient.


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#7 User is offline   slimjim 

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Posted 23 June 2008 - 08:59 PM

get a quote from carmax and this way you know the min. then go haggling.
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