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General Moto | Off-Topic Posts
My Experience at the Car Dealership
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[QUOTE="robwbright, post: 1125922, member: 60515"] You think the Camry is a little car. . .? Ever rode in an escort? ;) Having sold cars some time ago, the things I would add to the story: 1: KBB was rarely used by our dealership (and was never used to actually assign a value to a trade in) - except when it showed a price which was to the dealership's advantage. KBB is very inconsistent - $1000 high on one vehicle and $1000 low on another. NADA and the Black book were exclusively used for actual, real world values. 2: At our dealer the typical markup on a used vehicle (more than $10,000 retail) was $4000-5000. But then again, we're in a small town and since I left they moved it up a $1000 or 2. 3: They are ONLY going to give you what the NADA says your car is worth (trade-in). There was almost never a situation where they went above that. They tell you they are, but really they're just cutting into their markup. 4: It's almost always better to sell your vehicle (if you can), rather than trading it in. That said, it sounds like you got a really good deal, GETMETOCA. If I read it right, they gave you $3000.00 and came down $5500? Here's a couple links to (IMO) the best way to buy a car. . . It's longish - skip to the 2nd half if you're interested but in a hurry. [url]http://www.lewrockwell.com/north/north124.html[/url] [/QUOTE]
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MX, SX & Off-Road Discussions
General Moto | Off-Topic Posts
My Experience at the Car Dealership
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