trade in value?
08-07-2003, 01:36 PM
#1
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trade in value?
I visited an Audi dealer today to look at the new A4 1.8T. I planned on trading in my 1997 A4 1.8TQMT with 83,000(no leather). The salesman offered me $5,000. This seems a little low and doesn't match the KBB or NADA value? Anyone else have this experience?
08-07-2003, 01:59 PM
#3
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Ouch.. that's probably his way of saying. He doesn't want to buy your car.
I've always been lowballed by dealers anyways on trade in's. I ask just to see, but I never trade it in. I would sell it privately. You'll definetly get more than 5k I would imagine.
jaime
jaime
08-07-2003, 02:01 PM
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Way low. You must name your price and stick to it. Or...
Sell it yourself and get a lot more.
Dealers will often super lowball a trade-in. So, say your car is worth $9,000.00 on the open market. Dealer may offer you $5 or $6k. then turn around and mark it up to $9,000.00. That's where they make a lot of $$$.
Dealers will often super lowball a trade-in. So, say your car is worth $9,000.00 on the open market. Dealer may offer you $5 or $6k. then turn around and mark it up to $9,000.00. That's where they make a lot of $$$.
08-07-2003, 02:20 PM
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Actually thats how it goes....
Never mention that u've got a trade-in b4 u agree on the price of the vehicle u wanna buy.
Then let them know u might trade something in.
The KBB, NADA & Edmund's is a crap while trading in. They will rip u off left and right. KBB somewhat works if u selling to private party but definately not if dealing w/dealerships. You would give them ur Audi for say $5k, they would turn around and sell it for $10K after 15minutes negotiating with the buyer. I guaranDAMNtee u u'll be better off by selling the car for $8-9k on your own plus you will make somebody else very happy. You can sell it fast, trust me - try autotrader.com
Nowadays only banks look @ KBB values etc
Then let them know u might trade something in.
The KBB, NADA & Edmund's is a crap while trading in. They will rip u off left and right. KBB somewhat works if u selling to private party but definately not if dealing w/dealerships. You would give them ur Audi for say $5k, they would turn around and sell it for $10K after 15minutes negotiating with the buyer. I guaranDAMNtee u u'll be better off by selling the car for $8-9k on your own plus you will make somebody else very happy. You can sell it fast, trust me - try autotrader.com
Nowadays only banks look @ KBB values etc
08-07-2003, 04:27 PM
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Actually, found Edmund's to be pretty close recently.
Dealer offered about $1K less than a reasonable trade-in value, I got $500 back easily but wound up selling my A4 to the spouse of a co-worker.
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