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Variation between trade in price and retail price?

  • 26-01-2022 7:27pm
    Registered Users Posts: 173 ✭✭ TheRover

    I'm looking to trade in my vehicle (a reasonably recent city SUV/4x4) on the purchase of a similar, more recent one.

    At the moment the stand is offering 15k for mine on a trade in. Similar vehicles in Carzone (same model & year) sell for 29k-31k.

    I was expecting the trade in value to be around 70-80% of the prices in Carzone. 50% just seems a bit too low. The stand could potentially make 15k profit on my car alone...

    Am I being very optimistic here?