When should you tell the car salesman that you have a vehicle to trade in?In: Car Buying |
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Answer
Car salesman are notorious for playing with numbers, so your best bet is to wait until the very last minute to tell them that you’ll be trading in a vehicle. Otherwise, they might up the amount they’re giving you for the trade in, but they’ll pad it into the price of the car you’re purchasing.
To get the best deal on your car, negotiate the price of the car you are purchasing before telling the dealer whether or not you’re trading in your car. Since it’s one of the first questions that a dealer is going to ask you, you’re going to want to say that you’re not sure whether or not you’re trading your car in yet. Then, after the price of the car you’re purchasing has been negotiated, let them know that you’ll be trading your vehicle in and that way you know that the price of the car has not been padded due to the price they’re giving you for your trade in.
First answer by ROB. Last edit by ROB. Contributor trust: 180 [recommend contributor]. Question popularity: 25 [recommend question]
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