No. of Recommendations: 3
Dealerships don't want your trade-in, it costs them money to get your old car re-sold

Absolutely not true, at least not if you have a nice trade-in. Nice, well-maintained, lower mileage cars are very desirable, and difficult to obtain other than by trading for them. Used car departments are generally quite a bit more profitable than new-car departments, and the most profitable used cars are the three to eight year old local trades with good ownership and service history. A nice, clean one-owner 99 model car with 45,000-60,000 miles is typically sold very quickly by a dealership.

Now if you're talking about a 94 Cavalier with 115,000 miles, that is a different story.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.