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re: Questions re: "in and out" vehicle purchase
Posted on 1/25/16 at 10:52 pm to CoachRobertson
Posted on 1/25/16 at 10:52 pm to CoachRobertson
@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.
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.
1
Posted on 1/26/16 at 6:06 am to Croacka
You can sell your car for however much you want, so for $18,500.00. That's the benefit of the in and out- you get to pick your sales price of your trade in plus you get the tax credit which increases as you increase the sales price of your trade.
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