ANyone ave any luck with those special Trade-In offers?

[protegeV]

You know when you see the ads for "Guaranteed 125% Blue Book for your trade"
Anyone ever try that and see if you actually get a good deal. I need to sell my car toget something cheaper($5Kish) but Ive had it listed in autotrader online and the mag for almost two months and Ive only talked to maybe 7 people about it and none of them were very serious. Im thinking about trading it in towards a cheap used car, but that last time I tried to trade it in(around February), the same dealer I bought my P5 and other cars from only wanted to give me $10K for it.

 

[the orracle]

They will give you 125% and then you will pay 150% for that used car. Never had any luck myself. Lower the price and sell it on your own or just keep it, pay it off and hang on to it for as long as you can after it is paid for. My $.02 worth

 

[crispixoo7]

i have yet to hear of a story where someone went to a dealer with a trade-in and won....

i know there are a few stories...out of the tens of millions of people who buy cars....


but i agree, keep the car...or sell it on the streets. (ugh)

 

[CommieSpeed]

All bulls*** evil dealership sales tactics. Pay no attention to it. Consider most "SALES" of any kind at a dealership to be BS. Most places put out "Sale" signs on a daily basis.

 

[jersey_emt]

They'll give you 125% for your trade, but their best offer for the new car is going to be 25% higher than if you didn't have a trade-in.

 

[JBreed]

You know when you see the ads for "Guaranteed 125% Blue Book for your trade"
Anyone ever try that and see if you actually get a good deal. I need to sell my car toget something cheaper($5Kish) but Ive had it listed in autotrader online and the mag for almost two months and Ive only talked to maybe 7 people about it and none of them were very serious. Im thinking about trading it in towards a cheap used car, but that last time I tried to trade it in(around February), the same dealer I bought my P5 and other cars from only wanted to give me $10K for it.

I have not heard of this 125% trade-in...I am interested if you have details

 

[protegeV]

They'll give you 125% for your trade, but their best offer for the new car is going to be 25% higher than if you didn't have a trade-in.

thats fine, cuz it means Im getting 100% for the car instead of 70%

What I do is not mention the trade till after I make a deal on a car. Its what I did when I got my MSP and they ended up giving me $1000 more than my payoff(it was above KBB as well) for my P5 plus they took $1000 off the price of the MSP.

Keeping the MSP is not an option at ALL. Those are orders straight from the fiancee...and I agree too, I cant afford it at all. I wanted to sell it for what I owe and buy an old honda for $1500, but it doesnt seem anyone will buy my car, so I might have to resort to not getting such a great deal on a used car but getting my payment down to about $100 and significantly lowering my insurance(liability only on a NON-spots car will help)

 

[protegeV]

They'll give you 125% for your trade, but their best offer for the new car is going to be 25% higher than if you didn't have a trade-in.

not a new car, used car. thats the problem with the trade-in too. The last time I tried to trade my MSP in, it was going to be for a MZ6, and after they spat on me with the $10K offer I said okay, I'll roll my negative equity into a USED car, cuz the whole point is to get a bigger, older, cheaper car. They said FU, you cant roll over into a used car...