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Do car dealers take multiple trade ins?
Car dealers are open to all kinds of negotiations when it comes to selling vehicles, including two-car trades. To get the maximum trade-in value, research what your cars are worth prior to going to the dealership and entering negotiations.
Will dealers take two cars trade?
If you’re stuck with two clunkers that you’d like to trade in for a new — or slightly newer — car, you can generally do so as long as the car dealership doesn’t have a policy prohibiting such a practice.
Can you trade in 2 cars with negative equity?
You have positive equity. When trading in a car with negative equity, you’ll have to pay the difference between the loan balance and the trade-in value. You can pay it with cash, another loan or — and this isn’t recommended — rolling what you owe into a new car loan.
How do you trade in a car that is not running?
Wondering what to do with a car that doesn’t run? You could trade it in to the dealership and buy a different car. If you trade in a car that doesn’t run, the dealership will lowball the value. They need to account for the cost to repair the car, whatever that might be.
What do car dealers do with trade ins?
When you trade in your car, the dealership has a couple of choices. It can either pay to re-condition your car and put it up for sale on its own lot, or it can put it up for auction, where it will be bought by another dealership.
Will dealers take any trade in?
A car dealership will accept any car in any condition. They don’t care about dents, dings, rust, rips or stains in the upholstery. Even if the car doesn’t run, you can have it towed in as a trade. You obviously won’t get top dollar for the car, but you will rid yourself of the vehicle and all of its headaches.
Do dealerships prefer trade-ins?
Dealers will almost always bid for your trade-in, even if they know they will have to auction it off. Making a couple of hundred dollars is better than nothing, but they will try to give you a very low-ball offer for your vehicle.