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Trade in Questions
So I need some help here. First of all, this is probably the noobiest question ever but oh well. So I'm looking at a couple of leftover 2013 Firestorm FR-S that are marked down by a couple grand (mid $23,000 new).
I was really hoping to trade in my truck, but theres only one obstacle in my way and thats the fact that my mom holds the title on my truck and need her there to trade it in. Problem is she won't even consider going to the dealer to try and get a deal done because she's worried about losing the equity in the truck. So getting down to the real question here, do you think there is a way where we can get a deal done with the dealer where my mom won't lose all the equity on the truck payments? Sorry if this is a stupid ass question just never made a big purchase like this before. |
There is a very simple way. Have the dealer bump up the selling price on the FRS and artificially bump up the trade in price of the truck. Kind of stupid but it would work, unless she already knows what the FRS selling price should be.
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Sell the truck outright, let your mom keep her "equity", then go buy your FRS. Pretty simple.
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