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Courtesy trade on a vehicle
Posted on 5/5/19 at 6:59 pm
Posted on 5/5/19 at 6:59 pm
Purchasing a vehicle via courtesy trade and wondering if they will take my vehicle as a trade in? Never gone this route before and haven’t heard from the dealership yet to ask them.
6
Posted on 5/5/19 at 7:01 pm to La Squared
Car dealerships will take a bag of dog shite if they can make money in it.
Posted on 5/5/19 at 7:03 pm to La Squared
They’ll let you trade it in.
Then they wil set about losing the trade in value in the numbers.
Then they wil set about losing the trade in value in the numbers.
Posted on 5/5/19 at 8:09 pm to La Squared
What is a courtesy trade? How does it differ from a regular trade?
Posted on 5/5/19 at 8:21 pm to Eli Goldfinger
quote:
They’ll let you trade it in.
Then they wil set about losing the trade in value in the numbers.
This.
I'm assuming you want to buy a car that someone you know is about to trade in.
You haven't sold your car yet so now you need the dealer to buy it.
The dealer now has you by the balls.
He has the exact car you want and you have zero leverage.
Posted on 5/5/19 at 9:55 pm to La Squared
courtesy trade happens when the buyer of the new vehicle has a buyer of their trade. The dealership does the paperwork and the buyer of the new vehicle gets the tax break
Posted on 5/5/19 at 9:55 pm to johnnydrama
He has the vehicle I want and the price is already set. I don’t have to trade in my vehicle should I not choose to so my balls are very free at the moment. I was just curious if they allow a trade in on a courtesy trade. I’ll see what they are willing to give (since my fellow OT’ers have advised it is possible) on a trade and then go from there.
Posted on 5/5/19 at 10:00 pm to Ponchy Tiger
Basically someone is purchasing a new vehicle and has someone that wants to purchase their current vehicle. Instead of selling it via a private sale, the dealership accepts it as a trade in on paper and puts the trade in amount towards the sale of the new vehicle which lowers the value taxed on the purchase. The other party then buys the traded in vehicle from the dealership instead of from the original party at the agreed upon price. I may be missing a couple details but that is the gist of it.
Posted on 5/5/19 at 10:30 pm to La Squared
quote:
I don’t have to trade in my vehicle should I not choose to so my balls are very free at the moment.
So you can afford the car free and clear? Why didn't you just buy it from your friend?
Posted on 5/6/19 at 12:46 am to johnnydrama
His friend doesn't have to pay tax on the trade in value of his old car on his new purchase doing it via courtesy trade.
Saves the guy buying the new car a chunk of change and the guy buying the trade can get a better deal as well.
Saves the guy buying the new car a chunk of change and the guy buying the trade can get a better deal as well.
Posted on 5/6/19 at 2:40 am to La Squared
I’ve always heard it called a pass through. I’ve done it several times and the dealer will usually charge a nominal fee for the paperwork. Yes, they will give you wholesale value for your trade.
Posted on 5/6/19 at 3:35 am to La Squared
quote:
He has the vehicle I want and the price is already set. I don’t have to trade in my vehicle should I not choose to so my balls are very free at the moment. I was just curious if they allow a trade in on a courtesy trade
Basically you're asking them to buy your car.
Sure, they'll buy it but only at numbers that benefit them. Selling it privately is typically the best way to go.
Posted on 5/6/19 at 4:28 am to RedMustang
It's also been known as an in and out. I have done it a few times and saved a good bit of $$
Posted on 5/6/19 at 7:03 am to #1TigerFan
quote:
It's also been known as an in and out.
That's what they called it when I bought a friend's leased car at the end of his lease term. The lease gave him the option to purchase at a price that turned out to be excellent. I bought it, and the dealer charged $100 to do the paperwork.
Posted on 5/6/19 at 7:21 am to La Squared
John Clay Wolfe is the correct answer. givemethevin.com
Sell your trade in to him.
Sell your trade in to him.
Posted on 5/6/19 at 7:22 am to Twenty 49
Generally called a paper trade in WI. I didn't know what the hell the OP was talking about in the headline.
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