Originally posted by: jagec
I'm pretty sure the answer is yes. Obviously the car that you get will be much crappier than the one you trade in.
You might even be able to make money in the deal...say you're trading in a newer BMW for an old Taurus. But it's almost always to your advantage to sell the old car private party. The exception is if the dealer is offering you more than it's really worth.
Exactly. It's possible to do it, it's even possible to come out with some cash in hand. But you're ALWAYS trading down. You could walk in with a new Mercedes and after 5 or 6 trades you'd wind up with a '97 Hyundai with 200,000 miles.
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