When you take your car in for a trade in and they offer you a pathetic price,how much do they then mark up the car and put it on the floor foor or advertise it for?eg offer you 100k and you accept.So they will add what approx %?
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Car trade in's?
- Thread starter saflyfish
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rietrot
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You'll be able to calculate that by comparing the prices simular models are selling at in classifieds and other dealer.
Archer
Honorary Master
In my experience the markup is somewhere around 40%
It depends on the car brand and dealer that buys in the vehicle.
Best you look at auto trader for comparing selling value.
Some dealers do offer trade-in, but is actually just a mediator for accepting the vehicle and passes it on to dealer Y.
On the other hand they can also sell the car (not so popular brands) with minimal mark-up just to keep the floor revolving.
Best you look at auto trader for comparing selling value.
Some dealers do offer trade-in, but is actually just a mediator for accepting the vehicle and passes it on to dealer Y.
On the other hand they can also sell the car (not so popular brands) with minimal mark-up just to keep the floor revolving.