- Joined
- August 4, 2003
- Messages
- 883
- Reaction score
- 2
- City, State
- SW Florida
- Year, Model & Trim Level
- 1999 Expedition XLT 4x4
I just find it very difficult to believe your claim as to what you paid for your EX and what you say they gave you for trade in value.....depreciation on your EX alone would be much higher than that no matter how few miles would be on it....and then there are taxes etc that also come in to play....dealers aren't in the business of losing money just to get rid of their 2011 inventory.....
What do you suppose that they intend to sell your used EX for? Who would buy a used EX for only a couple thousand less than a new one??? I've got some swamp land in Florida for sale for that same person....
Oringinally posted by HughesCares
Fyi.....sales tax on vehicles in SC is a minimum of 6%....(tax would be applicaple to the net difference between the trade in and the vehicle being purchased)
Hard to imagine that there are any dealerships left in SC if they all make the money losing trades you seem to be able to pull off.....
Remember...the dealership still has to sell your trade in.....they need to make money on it as well....not just the vehicle you purchased.....
Enjoy your new 300....with any luck it will be worth more than you paid when you go to trade it in on your next vehicle!!!
Excuse me HughCares, but the OP made a statement of his transaction, and he is happy with it, that is all that matters. It is not your place to debate it with him, leave it alone, and leave it be. And why do you care what the dealership paid for or is going to sale for on his trade. He got a good deal as he sees it, and the dealership sold a vehicle. Most trade-ins are resold on lot, but then again they go on the auction block. The dealer usually makes their money back inside the small fine print.
But again, why do you care to debate it? Leave it be as it was said before.