Comments on: Save Time and Money by Trading in Your Car http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/ Money Management, Small Business, Career Sat, 13 Mar 2010 02:49:46 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: How Not to Buy a Car | Military Finance Network http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/comment-page-1/#comment-13226 How Not to Buy a Car | Military Finance Network Tue, 09 Sep 2008 13:22:05 +0000 http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/#comment-13226 [...] He didn’t have a good credit score so his loan came in at over 19%. He also didn’t have a vehicle to trade in or a down payment to make, which didn’t help him on the final price. On top of that, he had a [...] [...] He didn’t have a good credit score so his loan came in at over 19%. He also didn’t have a vehicle to trade in or a down payment to make, which didn’t help him on the final price. On top of that, he had a [...]

]]> By: Ryan http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/comment-page-1/#comment-2884 Ryan Sun, 02 Dec 2007 15:53:05 +0000 http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/#comment-2884 Hi CFO, I think too many people focus on the final trade-in/sale price of their old car vs. the effective value they receive. I would still do an analysis for each situation, but you may find that the effective value you receive after tax considerations just make it easier to trade the old car in. Hi CFO,

I think too many people focus on the final trade-in/sale price of their old car vs. the effective value they receive.

I would still do an analysis for each situation, but you may find that the effective value you receive after tax considerations just make it easier to trade the old car in.

]]> By: Chief Family Officer http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/comment-page-1/#comment-2881 Chief Family Officer Sun, 02 Dec 2007 04:02:41 +0000 http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/#comment-2881 Thanks, Ryan! You make an excellent point that I hadn't even considered - it makes it that much easier for me to go with the trade-in and not feel bad for not wanting to deal with the hassle of a private sale :D Thanks, Ryan! You make an excellent point that I hadn’t even considered – it makes it that much easier for me to go with the trade-in and not feel bad for not wanting to deal with the hassle of a private sale :D

]]> By: Weekend Roundup - Crazy About Cars Edition | beingfrugal.net http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/comment-page-1/#comment-2541 Weekend Roundup - Crazy About Cars Edition | beingfrugal.net Sat, 17 Nov 2007 12:26:37 +0000 http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/#comment-2541 [...] Money Life - Save Time and Money By Trading in Your Car (Ryan actually wrote a bunch of posts on cars this week, so start here and keep [...] [...] Money Life – Save Time and Money By Trading in Your Car (Ryan actually wrote a bunch of posts on cars this week, so start here and keep [...]

]]> By: Ryan http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/comment-page-1/#comment-2489 Ryan Wed, 14 Nov 2007 11:40:42 +0000 http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/#comment-2489 Eric, I agree, it can be a battle to get fair value on your trade-in, but if you can get good value, then the tax implications and less hassle make it well worth your while. A lot of people don't know about it, but the Kelley Blue Book also has a companion, the Black Book, that only dealers have access to. One of my friends who worked at a dealership let me know exactly what I should ask for my trade-in. The dealership I trade my car in didn't want to give me that much, but finally decided to do it. I'll write about the purchase in an upcoming article. <em>Ryan's last blog post..</em><a href='http://cashmoneylife.com/2007/11/13/carnivals-festivals-and-cars-oh-my/' rel="nofollow">Carnivals, Festivals, and Cars! Oh My!!!</a> Eric, I agree, it can be a battle to get fair value on your trade-in, but if you can get good value, then the tax implications and less hassle make it well worth your while.

A lot of people don’t know about it, but the Kelley Blue Book also has a companion, the Black Book, that only dealers have access to. One of my friends who worked at a dealership let me know exactly what I should ask for my trade-in. The dealership I trade my car in didn’t want to give me that much, but finally decided to do it.

I’ll write about the purchase in an upcoming article.

Ryan’s last blog post..Carnivals, Festivals, and Cars! Oh My!!!

]]> By: Eric http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/comment-page-1/#comment-2468 Eric Wed, 14 Nov 2007 02:26:19 +0000 http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/#comment-2468 We had to fight the dealership to get what we felt was a fair deal on our trade-in. I do believe we could have gotten more if we sold it on our own, but it was easier just to get it taken care of at the dealership. Good point about the tax implications. I hadn't thought about that. Probably best we did trade it in. <em>Eric's last blog post..</em><a href='http://feeds.feedburner.com/~r/APennyCloser/~3/184387326/' rel="nofollow">Public Declaration - Getting Certified</a> We had to fight the dealership to get what we felt was a fair deal on our trade-in. I do believe we could have gotten more if we sold it on our own, but it was easier just to get it taken care of at the dealership.

Good point about the tax implications. I hadn’t thought about that. Probably best we did trade it in.

Eric’s last blog post..Public Declaration – Getting Certified

]]> By: My experience buying a used car with cash. | beingfrugal.net http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/comment-page-1/#comment-2457 My experience buying a used car with cash. | beingfrugal.net Tue, 13 Nov 2007 17:08:00 +0000 http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/#comment-2457 [...] Cash Money Life -  Save Time and Money By Trading in Your Car [...] [...] Cash Money Life -  Save Time and Money By Trading in Your Car [...]

]]> By: 5 Reasons You Should Buy A New Car | Gather Little By Little http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/comment-page-1/#comment-2450 5 Reasons You Should Buy A New Car | Gather Little By Little Tue, 13 Nov 2007 14:02:32 +0000 http://cashmoneylife.com/2007/11/12/save-time-and-money-by-trading-in-your-car/#comment-2450 [...] Cash Money Life -  Save Time and Money By Trading in Your Car [...] [...] Cash Money Life -  Save Time and Money By Trading in Your Car [...]

]]>