We sold a truck to a customer today with an awesome, totally suped upped Jeep trade in. He was haggling, and expected us to give him all the money he was in it for. With all the adds it was over retail book! It was a really nice Jeep, but a car dealer cannot pay retail for a vehicle, and expect to sell it and make money. Don't forget they are running a business and need to profit on sales. You just don't want them to profit too much from you!
I guess the point of this post is to let you know you will never get your money invested in a vehicle back when you trade in. If you have a $100 car with a rebuilt engine that you just paid $1200 to rebuild, your car is not worth $1300 to a car dealership. It's simply a well running $100 car.
If you have a custom vehicle, or one you feel is worth more than a dealership is offering, then prepare to either take a hit at the dealership or sell it on your own. That way you cut out the middle man (the car dealership) and you get to keep the middle mans profit. If you do want to go the route of selling yourself, I've found Cars.com to be the fastest and easiest way to sell a car yourself. Click here to sell your car quickly for a great price at Cars.com
In the mean time...
Take care and beware
J the Car Guy
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