From: void@nowhere.lan   
      
   In article ,   
   DwightSchrute@DunderMifflin.com says...   
   > On Fri, 30 May 2008 11:18:08 -0600, "DanG"  wrote:   
   >   
   > >If it's at all possible, NEVER trade in. Sell the old one outright and go   
   > >buy the new one.   
   >   
   > Right on...  But remember, there's really nothing evil about the fact   
   > that dealers need to buy at wholesale and sell at retail.  Dealerships   
   > are businesses, but we don't have to accept a wholesale price.   
   >   
   > Accept it, sell your car yourself, and save money.   
   >   
   > Another take:  I deal with a credit union.  I buy my new car, they   
   > finance 100%.  I then sell the old one, and the CU rewrites the loan   
   > for the difference after I pay down the loan with the proceeds from   
   > the sale. .  I probably pay $20-30 in additional interest, due to the   
   > higher 100% finance interest rate for a month or two, and it's all   
   > very stress-free.   
      
   Another view - I trade more than sell my used because it takes time to   
   sell a used car, paper work needs done, always have to worry about   
   scammers driving your used car for a test (even with you in it), etc...   
   All that costs money in real terms - as my time is money to me.   
      
   Normally I get Blue Book or higher when I trade, and I always tell them   
   I'm keeping my used car until we get the final price on the new one....   
      
   So, as long as they give you a good price on the used one it's not a bad   
   way to go if you value your time.   
      
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