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No tools, no waiting..... Posted by Mike Lynch [Email] ![]() ![]() In Reply to: why trade in at all?, Saabissimo, Wed, 6 Aug 2003 12:32:46 Members do not see ads below this line. - Help Keep This Site Online - Signup |
Bingo, you answered half the question, it took you two months of anxiousness to sell your car yourself.
But the other half of the equation, the reason dealers get more money for cars and want to buy them for less at trade in time, is that a dealer offers the tools a buyer needs, financing, trade ins, and perhaps most importantly a convienent location, open nights and weekends, staffed by pros and fueled by a big advertising budget.
Also if you have a payoff on your trade in, it's very inconvientent and virtually impossible to get your bank or credit union to give you the use of your postive equity, or more commonly, hide your negative equity in your next purcase. Dealers float the payoff for consumers.
For some, selling their own car is a cinch as is the rest of life.
For others not having the tools, location, budget, financing, float, or skills, is difficult to overcome and worth the small difference.
posted by 207.158.49...
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