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Trading in two cars

  • 12-11-2016 2:49pm
    #1
    Registered Users, Registered Users 2 Posts: 2,543 ✭✭✭


    Hi all,

    Just wondering will most or any dealers take two cars as a trade in to buy one?

    We are looking to change our two cars for one newer and to buy a cheap van for cash.


Comments

  • Registered Users, Registered Users 2 Posts: 4,634 ✭✭✭Aint Eazy Being Cheezy


    All depends on what cars you're trading in, whether they agree or not. If they're desirable models, in good nick, then possibly. Either way, you'll get a poorer deal than if you just sold them privately yourself because a dealer has to either pass them to another dealer as a trade sale cheaply, or sell them with a warranty plus his profit.


  • Registered Users, Registered Users 2 Posts: 73,528 ✭✭✭✭colm_mcm


    As above really.
    The way it usually works is that the car you're buying has a certain amount of discount built into the asking price. Say it's advertised for €15k, and if you are buying straight and push the dealer, they might sell it for €13.5k.
    You have car A and B to trade in. For arguments sake they could be sold on to the trade for €5k each.
    Trade either of these in and you could buy the new car for €15k minus €6.5k, or in real terms €13.5k minus €5k.
    Introduce both cars into the equation and you're talking €13.5k minus €5k minus €5k.

    Often the cheapest way to go about it is buy the new car for €13.5k, then sell the two cars privately for anything over €5k each. This means you have to go through the work of selling both cars, and by the time you do that, the car you're after could be gone.


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