What is it with trade in's ? - Australian Ford Forums

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What is it with trade in's ?

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08-03-2016, 12:36 AM

#24

barrys123

FF.Com.Au Hardcore

Join Date: Sep 2012

Location: Perth WA

Posts: 845

Re: What is it with trade in's ?

Quote:

Originally Posted by SumoDog68

It is all it is worth to a dealer as a trade in price - try buying one for 2k with that mileage.

Dealers make more money on the resale of good low mileage, late model trade-ins, then they do on a new car sale as most of their profit on a new car comes from servicing and warranty payments from the manufacturer and the profit they make from setting up finance and insurance as there is not a big markup from wholesale price.

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