|
A friend had a 2012 Civic. The air conditioning went out. She traded it in for a new Toyota and accepted $4,500 for the trade. Kelley says it was worth $6,500 as a trade-in and $9,200 private party. I do not have any idea what was wrong with the air conditioning, perhaps recharging the refrigerant would have been enough for a while.
I do not know if she is normal or if I ever ever met a normal person, but every year millions of people trade in cars for less they could have received on their own.
I cannot find the video now, but someone explained that some dealerships have a trick to raise the sale price of a new car to cover the trade-in, so that you effectively give away your car for free.
|