selling my car, help with value
Whatever a dealer offers you as a trade-in value means nothing, the numbers can be manipulated to make the trade-in "value" be whatever they think you'll go for...
There are three kinds of car buyers, listed below in descending order of their desirability to salesmen:
1. The "monthly payment" buyer--doesn't care about anything except the payment. The dealer can sell the car for full retail, add in all sorts of crap and finance it for 6 years--"ka-ching!"
2. The "trade-in value" buyer--is only concerned about how much their trade is worth. Almost most as good as the payment guy, once again the numbers can be worked to make the buyer happy, charge MSRP (or more) for the car and "give" the buyer $2k to $5k more than the trade is worth--on paper...
3. The "bottom-line" buyer, and worse the "bottom-line cash" buyer--these guys just want to know how much, bottom-line, out-the-door; and are willing to walk if they don't like the price. A car salesman's worst nightmare.
They are the educated buyers that know what the car they are trading and looking to buy are really worth, and are not looking for a "fair" deal--but instead looking to get as much car as they can for as little money as they can, I.e. they are the antithesis of the salesman.
There are three kinds of car buyers, listed below in descending order of their desirability to salesmen:
1. The "monthly payment" buyer--doesn't care about anything except the payment. The dealer can sell the car for full retail, add in all sorts of crap and finance it for 6 years--"ka-ching!"
2. The "trade-in value" buyer--is only concerned about how much their trade is worth. Almost most as good as the payment guy, once again the numbers can be worked to make the buyer happy, charge MSRP (or more) for the car and "give" the buyer $2k to $5k more than the trade is worth--on paper...
3. The "bottom-line" buyer, and worse the "bottom-line cash" buyer--these guys just want to know how much, bottom-line, out-the-door; and are willing to walk if they don't like the price. A car salesman's worst nightmare.
They are the educated buyers that know what the car they are trading and looking to buy are really worth, and are not looking for a "fair" deal--but instead looking to get as much car as they can for as little money as they can, I.e. they are the antithesis of the salesman.
Whatever a dealer offers you as a trade-in value means nothing, the numbers can be manipulated to make the trade-in "value" be whatever they think you'll go for...
There are three kinds of car buyers, listed below in descending order of their desirability to salesmen:
1. The "monthly payment" buyer--doesn't care about anything except the payment. The dealer can sell the car for full retail, add in all sorts of crap and finance it for 6 years--"ka-ching!"
2. The "trade-in value" buyer--is only concerned about how much their trade is worth. Almost most as good as the payment guy, once again the numbers can be worked to make the buyer happy, charge MSRP (or more) for the car and "give" the buyer $2k to $5k more than the trade is worth--on paper...
3. The "bottom-line" buyer, and worse the "bottom-line cash" buyer--these guys just want to know how much, bottom-line, out-the-door; and are willing to walk if they don't like the price. A car salesman's worst nightmare.
They are the educated buyers that know what the car they are trading and looking to buy are really worth, and are not looking for a "fair" deal--but instead looking to get as much car as they can for as little money as they can, I.e. they are the antithesis of the salesman.
There are three kinds of car buyers, listed below in descending order of their desirability to salesmen:
1. The "monthly payment" buyer--doesn't care about anything except the payment. The dealer can sell the car for full retail, add in all sorts of crap and finance it for 6 years--"ka-ching!"
2. The "trade-in value" buyer--is only concerned about how much their trade is worth. Almost most as good as the payment guy, once again the numbers can be worked to make the buyer happy, charge MSRP (or more) for the car and "give" the buyer $2k to $5k more than the trade is worth--on paper...
3. The "bottom-line" buyer, and worse the "bottom-line cash" buyer--these guys just want to know how much, bottom-line, out-the-door; and are willing to walk if they don't like the price. A car salesman's worst nightmare.
They are the educated buyers that know what the car they are trading and looking to buy are really worth, and are not looking for a "fair" deal--but instead looking to get as much car as they can for as little money as they can, I.e. they are the antithesis of the salesman.
Thread
Thread Starter
Forum
Replies
Last Post
92 5.0stang
5.0L (1979-1995) Mustang
4
Aug 13, 2015 06:46 AM
Milan Dragway
Members Rides and Car Show Section
0
Aug 12, 2015 03:43 PM
MustangForums Editor
Mustang News, Concepts, Rumors & Discussion
0
Aug 10, 2015 01:44 PM



