Just a quick question..... has anyone ever traded in a car and bought a lower value car.
I have a 05 Jeep which I need to sell as I want to trade down to a 03 Passat. As the jeep is worth about 20k more than the car would any garge take my jeep as a trade in and give me 20k along with the 03 car.
Would be interested to hear if anyone has ever done this??
I did it in the UK - can't remember the figures now but we got a cheque from the dealer. Maybe selling privately would be more profitable but it's more hassle and you could be without a car for a while.
Sell it privately. Dealer would only fleece you both ways.... i.e. he'd give you less than 20k cash for your jeep, and wouldn't give you any discount on the Passat.
If you walk into the garage with cash, he could easily knock 1k off the Passat, so bear in mind if you need to sell your jeep quickly, it may be worth letting it go for a little less than you'd like.