Trading two cars in against one
Discussion
Can anyone advise on how this works?
Parents have a Fiat 500, 2008, 8000 miles. They are looking to change to a new car. I'm struggling to sell my t-jet and they have mentioned trading theirs and mine in against a new car if a dealer offered a decent price for both.
What happens if the value of the two cars exceeds the value of the new car? Do dealers pay out in these situations or does it prevent any deal from being possible?
Parents have a Fiat 500, 2008, 8000 miles. They are looking to change to a new car. I'm struggling to sell my t-jet and they have mentioned trading theirs and mine in against a new car if a dealer offered a decent price for both.
What happens if the value of the two cars exceeds the value of the new car? Do dealers pay out in these situations or does it prevent any deal from being possible?
POORCARDEALER said:
Something we do frequently....shouldnt be a problem at a decent garage, but dont expect "over allowance" on both cars.....ie you might get an inflated price for one, but a true trade cash figure for the other.
Good Luck
CheersGood Luck
Out of interest, would a FIAT garage be more likely to offer us a better price than say a Volkswagen dealer or Vauxhall etc? Or do they all seem to sing off the same hymn sheet?
Edited by lord-of-creation on Thursday 22 July 15:12
Trade ins very massively depending on how much money they have in the car that you are buying.
I once looked to trade in my bike. I was offered £3700 against one bike... but £3100 against another.
Both bikes were identical, same prices. They just had more money to play with in one than the other.
I once looked to trade in my bike. I was offered £3700 against one bike... but £3100 against another.
Both bikes were identical, same prices. They just had more money to play with in one than the other.
Much depends on the car - seems to me that if they don't want it on their forecourt, they either hawk it round the relevant dealers for the best offer or give you a low price they think it will easily make at the auctions.
None are going to be a rewarding figure but it may mean you can sell it privately at a far lower price than you think it's worth knowing the pittance they'll give you.
It also depends how desperate they are to get rid of the car you want to buy and how much profit they have in it.
None are going to be a rewarding figure but it may mean you can sell it privately at a far lower price than you think it's worth knowing the pittance they'll give you.
It also depends how desperate they are to get rid of the car you want to buy and how much profit they have in it.
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