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Badfish 07-17-2007 11:51 PM

Cash back on a trade in?
 
I haven't bought many cars from dealerships and I've always wondered..If I were to trade in a vehicle (no I'm not trading my WRX), and the vehicle I was trading FOR had a value less than the vehicle I was trading, do dealerships give cash back? For example; If I were trading a $13,000 car for a $12,000 car, would I get a $1000 check? How does that work?

thanks in advance

Shambles 07-18-2007 12:29 AM


Originally Posted by Badfish (Post 277760)
I haven't bought many cars from dealerships and I've always wondered..If I were to trade in a vehicle (no I'm not trading my WRX), and the vehicle I was trading FOR had a value less than the vehicle I was trading, do dealerships give cash back? For example; If I were trading a $13,000 car for a $12,000 car, would I get a $1000 check? How does that work?

thanks in advance

Yeah, thats about right. Although with only a grand difference that money would go into Taxes, Tags, and Title, and leave you with very little leftover.

03DSG 07-18-2007 05:21 AM

shambles is right, its your car and it has value which is also yours. so of course you get the money.

MattJ 07-18-2007 06:48 AM

they would find some way to screw you over so you get nothing back.

We had some rich old guy at work trade an srt10 viper with 6000m for a base model c6 vert. Considering the gap was so big, we did end up giving him some money back. Its rare that it happens though

B-rett 07-18-2007 10:35 AM

still trying to get rid of truck?

Badfish 07-18-2007 10:49 AM


Originally Posted by B-rett (Post 277825)
still trying to get rid of truck?

yep. no one wants to buy the damn thing. So i figured I trade it in for an equal or lesser value car, with an extremely high resale value.

StreetRacer 07-18-2007 12:07 PM

it will never happen...no dealer will ever allow cash back by the time they are done screwin you over...they'll buy your car for 4 grand and you'll see it for sale on their lot in a week for 12 grand


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