Why Trading in a Car Sucks.

It’s important to understand a couple of things when preparing to dispose of one vehicle and move on to a new one:

The “trade-in” scenario is actually two separate transactions bundled into one, which is designed to be confusing.  Gimmicks like “Guaranteed $X,XXX over Blue Book!” are rarely what they seem:  Every dealer will first arrive at an “ACV” or “Actual Cash Value” as an internal value for your car. Generally speaking, “ACV” + New car discount = “Trade-in Value”. This is how such offers are made: you get a discount on the new car, or you get a premium for your trade-in, but you don’t get both.

The dealer that happens to be the best seller for the car you want, can sometimes be the worst buyer for the car you have.

So at RollSale, we’ve designed a simple, free interface that helps you quickly and easily find a local dealer that actually wants your car and will pay you fairly for it. Because the “Actual Cash Value” of cash isn’t confusing at all.

01. May 2012 by Mike Nichols
Categories: Auto Biz, Consumer RollSale | Leave a comment

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