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re: Questions re: "in and out" vehicle purchase

Posted on 1/25/16 at 10:30 pm to
Posted by CoachRobertson
Denham Springs
Member since Dec 2014
364 posts
Posted on 1/25/16 at 10:30 pm to
At my dealership, everyone knows what an 'in & out sale' is. We charge a small fee, but its not a time consuming process and not usually a problem. And yes, whatever the amount the vehicle was traded in for, that is what the 'buyer' pays for vehicle, regardless of value. GL
Posted by Golfer2012
New Orleans
Member since Jun 2010
54 posts
Posted on 1/25/16 at 10:43 pm to
Thanks for the info
Posted by Croacka
Denham Springs
Member since Dec 2008
61447 posts
Posted on 1/25/16 at 10:52 pm to
@coach


If a dealer offered me 17K for a trade in, but I found someone to pay let's say 18.5K for it, would the dealer do that, or do they set the maximum transaction price?


I guess there only risk is a paperwork mistake which may lead to them owning the used car when they paid more than they normally would for it.
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