Go Back  DVD Talk Forum > General Discussions > Other Talk
Reload this Page >

YACT: Trading in a vehicle

Other Talk "Otterville" plus Religion/Politics

YACT: Trading in a vehicle

Old 04-28-08, 10:58 AM
  #1  
DVD Talk Gold Edition
Thread Starter
 
Join Date: Nov 2005
Location: Galt's Gulch
Posts: 2,626
Likes: 0
Received 0 Likes on 0 Posts
YACT: Trading in a vehicle

In the past I have always sold my vehicles privately to buy a new one but don't want to deal with the hassle this time. What I am wanting to do is trade in my truck and get 2 other vehicles, one that gets good gas mileage to use as a daily driver, and a second 4wd truck to use for hunting/fishing trips and during inclement weather. The problem is that neither of these vehicles will be worth more than the value of my truck and I would more than likely get the 2nd truck through a private party, so I was wondering what a dealership does when the vehicle they are trading for is worth more than the one that they are selling. Will they pretty much tell me to fuck off and buy a vehicle of equal or greater value, or would they write me a check for the difference which I could then use to buy my second vehicle? Anyone have any experience with this?
Old 04-28-08, 11:23 AM
  #2  
DVD Talk Hero
 
Join Date: Aug 2001
Location: in da cloud
Posts: 26,196
Likes: 0
Received 0 Likes on 0 Posts
probably depends on the dealership and what they think is customer demand
Old 04-28-08, 11:34 AM
  #3  
DVD Talk Legend
 
AGuyNamedMike's Avatar
 
Join Date: Jul 2000
Location: (formerly known as Inglenook Hampendick) Fairbanks, Alaska!
Posts: 15,277
Likes: 0
Received 1 Like on 1 Post
Hassle notwithstanding, you will get much more $$$ from a private sale compared to trade-in.
Old 04-28-08, 11:47 AM
  #4  
DVD Talk Hero
 
Join Date: Aug 2001
Location: in da cloud
Posts: 26,196
Likes: 0
Received 0 Likes on 0 Posts
in a lot of states with a dealer trade in you get a huge sales tax break which evens things out
Old 04-28-08, 12:18 PM
  #5  
DVD Talk Gold Edition
Thread Starter
 
Join Date: Nov 2005
Location: Galt's Gulch
Posts: 2,626
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by AGuyNamedMike
Hassle notwithstanding, you will get much more $$$ from a private sale compared to trade-in.
Yeah, I just dont know how much demand there would be for a $25,000 vehicle that gets 13mpg.
Old 04-28-08, 01:58 PM
  #6  
mbs
DVD Talk Platinum Edition
 
mbs's Avatar
 
Join Date: Feb 2005
Posts: 3,519
Likes: 0
Received 0 Likes on 0 Posts
I assume you are not buying both new vehicles at the same dealership? That would likely make the transaction easy, since the trade-in wouldn't be worth more than both vehicles.
Old 04-28-08, 02:01 PM
  #7  
mbs
DVD Talk Platinum Edition
 
mbs's Avatar
 
Join Date: Feb 2005
Posts: 3,519
Likes: 0
Received 0 Likes on 0 Posts
How does insurance work on a 2nd vehicle? Is it much cheaper? I'm considering getting a SUV in the near future for snow/hauling/off-road sporatic driving. So, John Galt, have you looked into insurance for a 2nd rarely used vehicle?
Old 04-28-08, 02:05 PM
  #8  
DVD Talk Gold Edition
Thread Starter
 
Join Date: Nov 2005
Location: Galt's Gulch
Posts: 2,626
Likes: 0
Received 0 Likes on 0 Posts
Yeah, I actually used to have an old Wrangler for awhile to go along with my daily driver. Insurance was discounted, I believe it was about an additional $20-30/month for that vehicle.

And what I'm looking to do is get a daily driver car in about the 10-15k range and then just get an old truck for about 3-5k. Not too many dealerships keep 10-15 year old pickups on the lot, so I am pretty sure I will be getting that through a private seller.
Old 04-28-08, 02:50 PM
  #9  
DVD Talk Legend
 
Join Date: Jan 2000
Posts: 16,173
Likes: 0
Received 0 Likes on 0 Posts
You should take your trade in to Car Max and just see what they are willing to give you for it. I have been surprised by what some people around here have gotten.

Other than that, trying to trade a more expensive vehicle in for a less expensive vehicle at the same dealer just screams rape me to that dealer. I would be cautious.

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Thread Tools
Search this Thread

Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information

Copyright 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.