Who here works for a car dealership?
 

I know there is some but I forget. I have a couple questions about trading in my car or selling it privately.

If you don't know how to play the game, find someone that does and learn from them. Don't take less than KBB and don't pay more than invoice. If you don't walk out and make them call you back, you paid too much.

I think hometeam does.

I did for a while. I felt like a slime-bucket when I worked there. I was.

Sell it privately. Most car dealerships have something called the "trade devaluation." No joke....a week of training is dedicated to perfecting the "trade devaluation." Essentially we were trained to devalue your shit and spiff up our shit...and make it believable.

Don't trade it in, dude...unless they have some sort of cash for clunkers deal going on. Learn the demographic in which your car sells and display it on a hill in which that demographic generally resides, homeslice.

Real trade-ins are usually a bad deal. If you really want to go that route, nail down the price of what you're buying THEN find out what they will give you. Like two separate transactions.

BUT FIRST--If you have a Car Max in your area, take your trade-in there first. They'll give you a price and you'll know what you can expect. If the dealer you're buying from can't meet that, just take it back to Car Max and sell it to them.

I own a small used car lot.

The problem selling it private is you get douchebags coming by and wasting time. Or they try and haggle you in front of your wife (and theirs). One time after college I sold my Honda to a kid in Juco. He came by to pick it up and I asked if he had a cashiers check which we agreed on. He said "no, bank wouldn't loan me the money, I was just going to make Paynents to you". Lol

Agree with the above, sell it yourself. I sold a car on cars.com myself and got KBB value for it, something I would have never have received from a dealer. I set the price right to where both myself and the buyer were getting something out of it. There was no haggling involved, he paid my lien off and gave me cash for the difference. You just have to have a little patience.

Just never EVER tell them what you can afford. figure out what your car is worth then determine what car you want and figure out what it is worth. Don't take a dime less and don't spend a dime more. Make them chase you. Believe it or not they will come down to your numbers if your are steadfast in your resolve.

I owe $10k on my current car (bought it brand new, 2010 4Runner, bad ass condition, 14,756 miles). Two years away from paying it all off. I'm looking at trading it in for a 2014 4Runner. KBB says I could get like $28-$30k for it. Curious how it would go down lol.

I saw people and dealers on autotrader.com selling theirs for as much as 32 as well with a crap load more miles on theirs. No dealer is gonna F me over. Or privately.

Best deals are at the end of the month.

Do you drink at a bar? alcohol is at least 50% marked up (sometimes 80%) and the staff is trained to try and upsell you on more expensive brands. How is this really different? Business' have to make their money.

If you have the time to sell on your own, do it. Most car dealers will tell you that is the best choice for yourself. But if you want haggle room on your new purchase, get your new(er) car quicker, have some sort of buyer protection you won't get from craigslist, then you use the dealer. No harm in that.

It's like remodeling your bathroom, you can save money doing it yourself, but if you want it done soon and up to code, more often than not; just pay a little extra to someone in the know to do it correctly.

Oh, for those that may want the extended warranty. Thats negotiable as well. was very surprised to learn that.

I'll give you 10k cash and pick up the note......