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In response to
"Is there any rule of thumb for estimating trade-in value of a car in relation to its blue book value? -- nm"
by
prayformojo
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used cars are where new dealers make their most money, we split the difference between blue and dealer prices , fair deal for the buyer and us
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main way they screw you is to lower condition of your trade, man you think we can sell this pos on our lot? hell we'll just wholesale it to some guy on the used car strip, I mean look at this stain, and that scratch.
then they have some minimmum wage guy (probably a self employed guy who comes around) clean it, buff it, steam clean, and
now your car is on the lot for 80% of new car price
they make 5-10K
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