Question:
Does anyone know if this is even legal? Would a dealership even consider it? Two used cars for one new one?
Answers:
Can someone please run a Carfax for me?
Keep in mind that some states require a dealer license if you own more than 5 cars.
Rule of thumb for paying below sticker price?
I dout they will take it.What do you think of the Infiniti G35 coupe?
YES, YES, AND YESDealership is in business to make a profit. If the two cars are worth enough to make a big enough profit to do it, odds are they would.
Well, sure it would be legal. It would be up to the discretion of the dealership, however.
They will take 3 cars, they will take just about anything.
Do you think bmw are better than mercedes?
I bet they would be willing to work smothing out i mean i wouldHow can i talk car dealers into bring down car prices?
I have done that. I got less than book value for the second though which did not matter since I got it free. Ask and find out.It is up to the dealer... most places probably would unless they are just complete junkers... that gives them 2 cars to resale or take to auction. Your best bet is to call around and ask...
Planning to buy a hatchback, choice between Indica Xeta and the recently launched palio 1100 cc.?
Remember too, they are only going to give you the trade in value based on condition for the 2 used cars, which may not equal the value of the new car, in that case, they will simply put the value of the other 2 cars against the loan on the new one. probably as a down payment!
How much will i get for a P reg 1996 corsa, 83000 miles ok condition?
They will do it, and yes it is legal. But the question should be, why would you want to do that? You will not receive fair market value, and the numbers will just be juggled on the contract, you will not come out ahead. You are much better off, selling the cars privately, then approaching a dealer with a cash down.How hard is it to lease a vehicle when you are trading in a vehicle that you are upside down in?
I have spent many years selling cars. Nearly any dealer will take multiple trades against a single car. Make sure that you ask to see the Actual cash value of each trade, not just a total trade allowance.Should i buy a 2002 z28 camaro ?
It is perfectly legal, and is done regularly. Like the poster above me stated, make sure you see actual cash values of the trades. Actual Cash Value, or ACV, is the true price they are giving you for your trades. Example:Example one is an allowance based transaction:
Price: 20,000
Allowance: 10,000
-===============
Difference: 10,000
What is the best way to a work a trade-in on a car deal sight unseen?
Example two is a ACV type transaction
What is a good value 150cc Scooter for $1,000 to 1500?
Price: 20,000
Discount: -2,000
Sale Price: 18.000
ACV of trade 1. 2,000
ACV of trade 2. 6,000
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Difference: 10,000
Is 5K a good price for a 2004 Ford Freestar with 70,000 Miles.?
In the end, you will still have the same difference, but it will allow you to negotiate on what they are actually giving you for the two trade ins. Ask to see this type of pricing. IF you ask for ACV, they will think automatically that you know what you are talking about. Good luck, hope you come out ahead.
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