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Car dealers - trade ins - advice please

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  • 09-11-2006 1:32pm
    #1
    Just The One
    Closed Accounts Posts: 595 ✭✭✭


    I was in a garage this morning looking at cars. The sales guy told me that he would allow me 2k on my own car if I was buying a 05 car.

    I was a little shocked as another garage offer me 4k on a new car. When I told him this he said that he can allow me 4k on a new car but only 2k on a second hand car.

    Why is this? Either my car is worth 4k or it is not.


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    #2
    Beruthiel
    Moderators, Social & Fun Moderators Posts: 42,362 Mod ✭✭✭✭Beruthiel


    It's nothing to do with the price of your car, I'm guessing it's got to do with the profit margin between selling you a new car or a second hand one.


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    #3
    andyeire
    Registered Users Posts: 467 ✭✭andyeire


    You would probably be able to get a discount on the list price of either car if you did not have a trade in .So in reality your trade in is worth less than the 2k or 4k you are offered.Selling it privately would make more sense money wise .


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