Inside Secrets about Trading-In Your Car Savannah GA

Inside Secrets About Trading-In Your Car

By Michael Royce
Consumer advocate, former car salesman

You're buying a new car or truck! But what are you going to do with the vehicle you currently own? If you're like many folks, you probably think that the best option is to simply trade it in to the dealership. If so, you may want to think again. Here's the inside truth of what happens when you trade-in a vehicle:

First, the dealership's Used Car Manager will appraise your car. And he'll probably appraise it at a value that will be hundreds, maybe even thousands, of dollars below the actual market value. But you may not ever see that appraisal amount. That's because the amount that the car salesman will tell you may be even lower than that.

If you accept his super-low offer, then the dealership has made a hefty profit -- and the salesman has made a nice commission since your car is worth a whole lot more. Car salesmen call this "stealing from the trade" and it's a common ploy.

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