Who here works for a car dealership?

[Chiefs Pantalones]

I know there is some but I forget. I have a couple questions about trading in my car or selling it privately.

[Buzz]

If you don't know how to play the game, find someone that does and learn from them. Don't take less than KBB and don't pay more than invoice. If you don't walk out and make them call you back, you paid too much.

[Rain Man]

I think hometeam does.

[rico]

I did for a while. I felt like a slime-bucket when I worked there. I was.

Sell it privately. Most car dealerships have something called the "trade devaluation." No joke....a week of training is dedicated to perfecting the "trade devaluation." Essentially we were trained to devalue your shit and spiff up our shit...and make it believable.

Don't trade it in, dude...unless they have some sort of cash for clunkers deal going on. Learn the demographic in which your car sells and display it on a hill in which that demographic generally resides, homeslice.

[crazycoffey]

Originally Posted by rico

I did for a while. I felt like a slime-bucket when I worked there. I was.

Sell it privately. Most car dealerships have something called the "trade devaluation." No joke....a week of training is dedicated to perfecting the "trade devaluation." Essentially we were trained to devalue your shit and spiff up our shit...and make it believable.

Don't trade it in, dude...unless they have some sort of cash for clunkers deal going on. Learn the demographic in which your car sells and display it on a hill in which that demographic generally resides, homeslice.

Do you drink at a bar? alcohol is at least 50% marked up (sometimes 80%) and the staff is trained to try and upsell you on more expensive brands. How is this really different? Business' have to make their money.

If you have the time to sell on your own, do it. Most car dealers will tell you that is the best choice for yourself. But if you want haggle room on your new purchase, get your new(er) car quicker, have some sort of buyer protection you won't get from craigslist, then you use the dealer. No harm in that.

It's like remodeling your bathroom, you can save money doing it yourself, but if you want it done soon and up to code, more often than not; just pay a little extra to someone in the know to do it correctly.

[Jiu Jitsu Jon]

Originally Posted by crazycoffey

It's like remodeling your bathroom, you can save money doing it yourself, but if you want it done soon and up to code, more often than not; just pay a little extra to someone in the know to do it correctly.

I don't know about a code for selling cars, bottom line is if you don't care about how much you receive for your old car, use a dealer. If you do care, maybe you should sell it yourself.

[crazycoffey]

Originally Posted by Jiu Jitsu Jon

I don't know about a code for selling cars, bottom line is if you don't care about how much you receive for your old car, use a dealer. If you do care, maybe you should sell it yourself.

No, bottom line; you can do many things on the cheap yourself, including g selling your car. But it may take two - six months. If you don't want to wait, go to a dealer.

[007]

Originally Posted by Jiu Jitsu Jon

I don't know about a code for selling cars, bottom line is if you don't care about how much you receive for your old car, use a dealer. If you do care, maybe you should sell it yourself.

I care but I don't care enough to want to mess with haggling with strangers.

[Jiu Jitsu Jon]

Originally Posted by crazycoffey

No, bottom line; you can do many things on the cheap yourself, including g selling your car. But it may take two - six months. If you don't want to wait, go to a dealer.

Originally Posted by Guru

I care but I don't care enough to want to mess with haggling with strangers.

I did it myself. Car was worth around 16K according to KBB, and that's what I got. It took a few weeks and talking to a few different people, but I got what I wanted. The buyer got what he wanted, everyone's happy. Then again I was selling a 2005 GTO with only 32,000 miles on it, so there are people out there that want that car. Damn, I miss that car. I don't miss that monthly car payment, however. I have traded in a car before, never again. I speak from experience.

But hey, if your financial situation is such that you can flush money down the toilet and it won't even affect you, go ahead and trade it in.

[LiL stumppy]

Originally Posted by crazycoffey

Do you drink at a bar? alcohol is at least 50% marked up (sometimes 80%) and the staff is trained to try and upsell you on more expensive brands. How is this really different? Business' have to make their money.

If you have the time to sell on your own, do it. Most car dealers will tell you that is the best choice for yourself. But if you want haggle room on your new purchase, get your new(er) car quicker, have some sort of buyer protection you won't get from craigslist, then you use the dealer. No harm in that.

It's like remodeling your bathroom, you can save money doing it yourself, but if you want it done soon and up to code, more often than not; just pay a little extra to someone in the know to do it correctly.

Alcohol is more marked up than 50 to 80 %. It's more around 200 %

[cosmo20002]

Originally Posted by Chiefs Pantalones

I know there is some but I forget. I have a couple questions about trading in my car or selling it privately.

Real trade-ins are usually a bad deal. If you really want to go that route, nail down the price of what you're buying THEN find out what they will give you. Like two separate transactions.

BUT FIRST--If you have a Car Max in your area, take your trade-in there first. They'll give you a price and you'll know what you can expect. If the dealer you're buying from can't meet that, just take it back to Car Max and sell it to them.

[ChiefsOne]

I own a small used car lot.

[MahiMike]

Originally Posted by ChiefsOne

I own a small used car lot.

My dream job. Can I ask how much capital it took to start that?

[ChiefsCountry]

Originally Posted by MahiMike

My dream job. Can I ask how much capital it took to start that?

My buddy started one three years ago. The capital you need is really how much you are going to put into it, I know in Missouri though you have to sell a certain number of cars each year don't know what it is in Florida though. He does pretty well at it, his trouble is the lot situation. I think he finally might have a permanent one that he is buying.

[Prison Bitch]

The problem selling it private is you get douchebags coming by and wasting time. Or they try and haggle you in front of your wife (and theirs). One time after college I sold my Honda to a kid in Juco. He came by to pick it up and I asked if he had a cashiers check which we agreed on. He said "no, bank wouldn't loan me the money, I was just going to make Paynents to you". Lol