Will a dealership make an even trade?
Thread Starter
TECH Apprentice
iTrader: (2)
Joined: Jun 2005
Posts: 370
Likes: 0
From: San Marcos, Texas
Will a dealership make an even trade? Hey guys,
I looking to trade my 03 Mazda 6 for a 03-05 Silverado 1500. The trade in value on the car (stated in NADA) is $10,925. It's in great condition and well maintained. I would like to trade it in for a truck of the same value, I have been looking on Autotrader and found some decent trucks at dealers for around 11K-12K. Will dealerships do this? If not what is the lowest difference they will take for a trade in?
I Have never purchased from a dealer so I have no clue, always been intimidated by them, and would like to get some advice before I go so I don't get raped.
Thanks,
Nick
I looking to trade my 03 Mazda 6 for a 03-05 Silverado 1500. The trade in value on the car (stated in NADA) is $10,925. It's in great condition and well maintained. I would like to trade it in for a truck of the same value, I have been looking on Autotrader and found some decent trucks at dealers for around 11K-12K. Will dealerships do this? If not what is the lowest difference they will take for a trade in?
I Have never purchased from a dealer so I have no clue, always been intimidated by them, and would like to get some advice before I go so I don't get raped.
Thanks,
Nick
Not really, I deal with this stuff everyday. I'm not sure how much lower they usually go but I can guarantee you that you will NEVER recieve Blue or Blackbook values. Your best bet value wise usually is to sell it outright or to sell it at a place like carmax.
A dealer will do a trade...they will even pay you money if your car is worth more than theirs. However, there's no way they'll give you NADA trade-in value. Most of them want to offer you wholesale.
Trending Topics
Most dealership book cars out at either rough or avg book. Unless your car has no miles on it, was trailered in with all the factory wrappings still on it with the window sticker in the window will you get clean book.
LS1 Tech Stories
The Best V8 Stories One Small Block at Time
6 Common C5 Corvette Failures and What's Involved In Repairing Them
Pouria Savadkouei
Retro Modern Bandit Pontiac Trans AM Comes With Burt Reynolds' Autograph
Verdad Gallardo
Top 10 Greatest Cadillac V Series Performance Models Ever, Ranked
Pouria Savadkouei
Top 10 Most Powerful Chevy Trucks Ever Made!
Hennessey's New Supercharged Silverado ZR2 Has 700 HP
Verdad Gallardo
Coachbuilt N2A Anteros Is an LS2-Powered C6 Corvette In Italian Clothes
Verdad Gallardo
Awesome K5 Blazer Restomod Comes With C7 Corvette Power
Verdad Gallardo
10 Camaros You Should Never Buy
10 LS Engine Myths That Refuse to Die
Verdad Gallardo lemme show ya
Black Book Dec 31 edition (for a 2001 Camaro)
Rough book is $5075, Avg is $6725
add 100 for chrome wheels, $150 for T-tops, $400 for SS pkg, -$350 for 6spd, and add $400 for the 60K miles if its booked under AVG and add nothing if under rough. Most dealers will book under rough. Now remember this is for a 2001!! on the DEC 31 edition, value drops each week cause this book comes out weekly!!!
Black Book Dec 31 edition (for a 2001 Camaro)
Rough book is $5075, Avg is $6725
add 100 for chrome wheels, $150 for T-tops, $400 for SS pkg, -$350 for 6spd, and add $400 for the 60K miles if its booked under AVG and add nothing if under rough. Most dealers will book under rough. Now remember this is for a 2001!! on the DEC 31 edition, value drops each week cause this book comes out weekly!!!
Last edited by Ravenous T\A; Feb 27, 2008 at 03:42 PM.
Thread Starter
TECH Apprentice
iTrader: (2)
Joined: Jun 2005
Posts: 370
Likes: 0
From: San Marcos, Texas
I understand that they won't give me NADA price, really I just wanted to know if they would make an even trade.
I should have worded my question like this...
Say I had a car that they say they will give me $10,000 for trade in
Then I pick out a truck on there lot priced at 10,000.. Will they make a even trade?
I should have worded my question like this...
Say I had a car that they say they will give me $10,000 for trade in
Then I pick out a truck on there lot priced at 10,000.. Will they make a even trade?
Thread Starter
TECH Apprentice
iTrader: (2)
Joined: Jun 2005
Posts: 370
Likes: 0
From: San Marcos, Texas
I understand that they won't give me NADA price, really I just wanted to know if they would make an even trade.
I should have worded my question like this...
Say I had a car that they say they will give me $10,000 for trade in
Then I pick out a truck on there lot priced at 10,000.. Will they make a even trade?
I should have worded my question like this...
Say I had a car that they say they will give me $10,000 for trade in
Then I pick out a truck on there lot priced at 10,000.. Will they make a even trade?
yes, but remember you have to do TT&L but if it is with TT&L the price is 10K then yes, trade in yours and walk out with theirs.
Teching In
Joined: Jun 2007
Posts: 10
Likes: 0
From: Katy, TX
I pretty much made a straight trade in December and had no problem getting top dollar for my trade. Book was 17.5K I got 18K but I also had plenty of offers in the 13-14K range including CARMAX
The trick is to let them know what others are offering and they will try to beat it. It may take 10+ appraisals and some people calling you a liar but it works.
And hell my dad just traded 2 cars got full book and bought one and they mailed him a check last month... I think it all depends on the dealer
One more thing the tax savings on 10K trade is $625 so consider that when valueing an offer vs. selling out right.
The trick is to let them know what others are offering and they will try to beat it. It may take 10+ appraisals and some people calling you a liar but it works.
And hell my dad just traded 2 cars got full book and bought one and they mailed him a check last month... I think it all depends on the dealer
One more thing the tax savings on 10K trade is $625 so consider that when valueing an offer vs. selling out right.
Either they took the profit off the sale price and added it to your trade or there gonna leave the sale price alone and add 10K to the trade which will equal a discount of 10K. Its kinda like a sliding ruler, its gotta come from somewhere. if your car is worh $500 and you want $5k for it you think a dealer would actually give you the $5K from the goodness of there heart? They will either take it from the profit of the vehicle or just add it to mark up the vehicle and show you they gave you $5k. I think I explained that right
It happens. 
Money wise, they will make and "even trade" if they know they can turn a profit on the sale of the vehicle which was traded in.
This is simple math, people.
