Quote:
Originally Posted by Zembonez
NOTHING could be further from the truth. It is true that dealers are not going to buy a vehicle (which is what they are doing when they take your trade) that they don't expect to make money on. Why should they? They are in business to make money.
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Interesting discussion. When I traded my 2001 Corolla in on a new one the Canadian Red Book value for ir was $5000 retail and $4000 wholesale. However the dealer told me that he would have to spend at least $750 cleaning it up for sale so he offered me only $3250 - $750 off the wholesale price. Is that a valid way to look at tradein value, or did I get screwed?
