The used car trade-in decision

Jul 19 2010

Having decided to go in for a new car, you are faced with the decision of what to do with the current one. You can decide to find a buyer for it and have some price in mind if you are the one who has taken the effort to understand car valuation. If not, like many others, you may have to trade it in against the new car and hope that the dealer gives you a fair price.
Either ways, it is essential to understand the closest valuation of your car and to do that you can visit some of the good used car pricing sites, look at the classifieds in the print media as well on the internet to see how sellers have priced cars that are similar to yours. This should give you a fair idea of what to expect from the dealer.
However, be rest assured that when you are at the showroom, you would be in for a surprise. The dealer would invariably quote a much lower value and considering they are professionals at this game, you need to be firm and not give up so easily. Insist on the car value you have in mind and settle for something as close to it as possible.

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