Hey, i was wondering, say you have something that blue book value is $15,000, and you want to trade it in on something smaller, say that blue book value is $10,000..... what will the dealership do? Will they do an even trade, or would they give you even less than what they want for the cheaper car so they will make a profit? I dont think they would pay out and give you the $5000 difference would they??

Reason i want to trade in is because i dont have time to wait for a buyer privately.

Any thoughts on this?

Thanks- Neil

i don't know how the bluse blook works stateside but if it were here then we sell the car we have and take the trade for what it is worth wholesale. in some cases we have written a cheque back to the customer if his trade were worth more then what he was buying from us.

Blue Book value is often not an indication of what a dealer will do. If they feel they can make money on the trade in they'll go for it, dollars and cents is what it's all about. Don't forget to factor into the equation that the dealer has to service and warranty the car, so it will always be valued less than what you think it's worth.

I worked in the service dept of an auto dealership for 4 1/2 years. The dealer always comes out on top. i'll bet they'd give you 8000 for your 15000 trade. They're in the buisness of screwing people, even their own employees. An honest car salesman is a hungry car salesman.

your best bet would be trading in at a use car lot they will give you more than the dealership