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Trade-In Evaluation from local dealer, help?
Hey guys,
I found a dealer with a 2016 Halo Scion FR-S in manual transmission and I offered my 2013 10-series Scion FR-S automatic transmission as trade-in. They started at $13,000 for the offer but did what all car sales do and called me back with better and better offers like 3 times. So now where we stand is actually somewhat appealing in my mind, but I wanted to see what some of you thought about it. Here's the current evaluation of trade-in and my vehicle specs and details for reference.
I told the dealer the following about my car:
10-Series Scion FR-S [AT]
38,130 Miles
2nd owner vehicle
chip in front windshield
door dent in driver side door
2/32" on stock tires
car is fully stock and well maintained.
Side note:
I owe $15,996 on the current car and I paid $4000 down, drove for 1.5 years and put about 17k miles on the car.
Here was their offer:
They will pay off the car (i.e give me $16,000 in trade-in evaluation), 2016 scion frs is $25,779 price tag.
Final price after tax & dock fees: $26,855
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I feel vulnerable talking to car salesman because I feel like they just have so many different ways to get their money out of you in the transaction. Does all of this seem legit? Also, what does everyone think about that trade-in evaluation on the car?
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