Trade in vs selling

[m_bisson]

Well, from what I gather, it's more profitable to sell your car privately, but much easier to unload it on the dealer. What kind of price difference is there?

For example, similar cars to mine are selling for $10.5k to $12 on auto trader. How much should the dealer be offering me?
I'm heading to Nissan tomorrow to have it "appraised" so I want to know what's fair.

Also, is it okay for me to try different dealers, Nissan or other, in order to get a better price or do they just look it up online somewhere?

[-ToM-]

http://www.canadianblackbook.com/

That site will give you your answer to how much you should expect from a dealer and if you sold it yourself. Good Luck!

[Jackal]

From what I hear certain dealerships from brands other than Mazda will give you varying offers for trade in. For example, A friend of mine traded her Mazda 2010 GT for more at a Hyundai dealership. So you really have to shop around and see. Most will be based on a book like Canadian black book but will vary depending on how much they need a sale or dealership policy. Happy hunting.

[Cab0oze]

With trade ins it is impossible to know if you're "Getting more for your car" or if you "did a shitty job negotiating and to help close a deal that you didn't get the price down as low as you could have they told you they were going to 'give you more for your car'".

But in the end, it comes down to what makes you FEEL like you're getting a good deal haha

There is no set price difference. Last year I watched someone sell a 1000 dollar car (think it was a sunfire? either way, had like 180,000km) for 8000. Made me cry a bit, since I only got 7,000 for my fully loaded/babied mazda3 gt with half of the kms.

[aris]

From what I hear certain dealerships from brands other than Mazda will give you varying offers for trade in. For example, A friend of mine traded her Mazda 2010 GT for more at a Hyundai dealership. So you really have to shop around and see. Most will be based on a book like Canadian black book but will vary depending on how much they need a sale or dealership policy. Happy hunting.


Most times the more money you get from your trading in means you paid more for your new car.

Best thing to do is negotiate the price on new car and once you've done that then tell them about the car you want to trade in.

[5_Alive]

Most times the more money you get from your trading in means you paid more for your new car.


Best thing to do is negotiate the price on new car and once you've done that then tell them about the car you want to trade in.

The reality is that you'll get within a thousand dollars +/- on your trade at any giving dealership. It doesn't matter at the end of the day if you only settle on the car you think you want because you "got more" at one vs. the other.

Blackbook sucks because is isn't anywhere near what you "should" be getting.
Its usually 3 months behind in value and does not base value on current market value.
A good dealership will be honest and upfront from the get-go.

Build a relationship with the sales person. If they aren't personable or straightforward, its usually a good sign they don't care.

Sincerly,
a previous car salesguy.

[midnightfxgt]

Don't forget the tax savings when trading in at the dealer also. It can often narrow the gap between private vs dealer trade-in.

[RTEnthusiast]

Dealerships that don't sell the brand of car you're trading in typically call a few wholesalers to see how much they can get for your car. They then lowball you to maximize their profit. That's why any dealership will give you pretty much the same price... they're talking to the same wholesalers. If one dealership offers you significantly more for your car, they're screwing you on the purchase price of your new car. It's important to look at these numbers carefully.

Private sale is ALWAYS more advantageous provided you have the time.