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  1. #1
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    Default Trading in cars- how much to expect?

    I am looking into getting a new car and was wanting to trade in my old one... I've looked online so I know roughly how much they are selling for, but how much should I expect them to offer me for a trade? One guy on the phone asked me how much I am hoping for, or how much I need, but I wasn't really sure what to say.

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    It depends on the car and the dealer - we got a 2001 falcon, that was done up for 12k in 2008, traded it in Dec 2010 and got a new Jeep patriot - and we got 2k for the ford :/

    Sent from my Galaxy Nexus using BubHub

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    Look on redbook.com.au
    A great site that gives you an idea of how much your car is worth, for private sale and for tradein.

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    chameleon  (28-05-2012),Chazrity  (28-05-2012)

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    You get a lot more privately. I was told the dealership where I bought my new car would sell my old car for $4,990 but they offered me $250!!

    Needless to say I sold it to a friend at extra extra mates rates and I still received 4 x what they offered me!

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    A lot less than what it's worth privately!

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    Quote Originally Posted by Bellaxo View Post
    It depends on the car and the dealer - we got a 2001 falcon, that was done up for 12k in 2008, traded it in Dec 2010 and got a new Jeep patriot - and we got 2k for the ford :/
    Ouch!

    Quote Originally Posted by 4underfour View Post
    Look on redbook.com.au
    A great site that gives you an idea of how much your car is worth, for private sale and for tradein.
    Oh thanks! What a great site!

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    Quote Originally Posted by brooke88(mum2b09) View Post
    A lot less than what it's worth privately!
    Quote Originally Posted by Benji View Post
    You get a lot more privately. I was told the dealership where I bought my new car would sell my old car for $4,990 but they offered me $250!!

    Needless to say I sold it to a friend at extra extra mates rates and I still received 4 x what they offered me!
    Hmm maybe I should consider selling it privately. Just seems like a lot of trouble and I've never sold a car before (last one I sold to my sister.) Oh and I'm lazy... but more money is a pretty good incentive. Hmm...

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    Redbook. It is the site the dealers use. Our Rav was selling for $14k we got $9k trade in. Only reason we traded it in was it was the only car we had and it's so much easier to trade in rather than sell yourself.

    ***Sent from my phone***

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    I've sold a car on carsales before - quick and easy!

    I bought my new car, then sold the old one to save any hassles. It probably is a lot easier to trade but the dealers don't give you much because it's often a hassle for them. They usually prefer a quick and easy sale

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    We were offered $20k last week for a car with a market value of around $26k.

    They will offer you wholesale rates, as if you are acting as a supplier to their stock.

    If you can hold off and sell privately it is much more beneficial to you.


 

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