If you do decide to trade in
your car at the dealership, discuss its value after you have negotiated
the best price for your new car. Keeping the process separate means that
you know exactly what you paid for your new car.
A dealer tip:
rade the car before your
odometer turns the next ten thousand mile increment.
What you see is what you get
Don't bother with things you
can't easily see. You won't get any more money from an appraiser for
things he can't see.
:: Trade In ::
Trading and buying
After you've negotiated a
price for a new car, you can decide which dealer to buy from by seeing
how much they'll give you for the trade-in.
Do no pay more!
Finance a car for 48 months or
less. With a 60-month loan, the value of the car declines much faster
than the loan balance. So for much of the five-year period, you owe more
than the vehicle is worth.