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Quick question about trade-ins..

Discussion in 'General Automotive' started by TRDSport2006, Nov 4, 2009.

  1. Nov 4, 2009 at 6:23 PM
    #1
    TRDSport2006

    TRDSport2006 [OP] Well-Known Member

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    I'll use an example for starts..

    If you decide to buy two Tacomas from the same dealership, is it possible that they would let you use the trade-in value for one car on both of the trucks? Maybe they would cut the value in half to use on each of the trucks? I don't know if what I'm saying makes sense, but hopefully someone will catch my drift.

    I'm on my dad's ass about trading in his 2008 Volvo S80 for another Tacoma. We had an 06 Tacoma (avatar), and he sold it early January to help make payments for the Volvo. I want to ride his ass to get another Tacoma, if not two so we can both have some fun ;). I crashed my Chrysler so now I have nothing to drive :(.

    Anyway back on topic, just wondering if a trade-in can be split in half to use on both trucks. We'd probably go back to an 06-07.

    Sorry if I don't make sense. :)
     
  2. Nov 4, 2009 at 6:34 PM
    #2
    SNWMN209

    SNWMN209 "Welp...see ya in the shit.."

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    id say if you are willing to buy two trucks at the same time you should have them eating out of your hand. when i bought my 06 i just played the ol not that interested card. after looking at other trucks they had i picked mine. told them what i wanted to pay and what i wanted my payments to be and if they couldnt do it then no big deal, i would just go somewhere else. 30min later i was driving it off the lot. :)

    ps if you buy a used one, make sure its certified and pay a little more for the 100,000 mile warrenty. i did and it has more than paid for itself
     
  3. Nov 4, 2009 at 6:36 PM
    #3
    Porsche917k

    Porsche917k Active Member

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    A dealership should have no problem splitting the trade in between two transactions as long as the car is paid off. If there is a payoff then that complicates things a bit but it can still be done.
     
  4. Nov 4, 2009 at 6:38 PM
    #4
    TRDSport2006

    TRDSport2006 [OP] Well-Known Member

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    Well financing is the main issue, if I could beat the price, or just go a little higher than his current payments on the Volvo then it's a safe bet that he'd go for it.
    KBB says it's worth about 22,000$, but you know dealerships will give you the least value.
     
  5. Nov 4, 2009 at 6:41 PM
    #5
    TRDSport2006

    TRDSport2006 [OP] Well-Known Member

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    Oi, maybe I should have mentioned it's a lease. :(
     
  6. Nov 4, 2009 at 6:45 PM
    #6
    Porsche917k

    Porsche917k Active Member

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    It can still be done but a lot of dealers will still probably say they can't or don't know how to structure the deal.
     
  7. Nov 4, 2009 at 6:48 PM
    #7
    Brunes

    Brunes abides.

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    Yeah....I'd be worried you are putting to many moving parts into that deal and you might end up making a mistake with your money.
     
  8. Nov 4, 2009 at 7:01 PM
    #8
    Porsche917k

    Porsche917k Active Member

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    Shouldn't be too complex. The only things you have to keep track of are:

    Price of car #1
    Price of car #2
    Trade In Value
    Interest rate or money factor
    Term of loan or lease
     
  9. Nov 4, 2009 at 7:17 PM
    #9
    Simon's Mom

    Simon's Mom Wag More Bark Less

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    Its free to ask, do your homework before going in like knowing the lease terms of the Volvo your trading/whats it worth/what you owe to buy out & fill in the lines that Porsche gave you.

    Best of luck getting back into two tacomas!
     
  10. Nov 5, 2009 at 11:12 AM
    #10
    jonny

    jonny Betty White Edition Heep ZJ

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    you're gross :p
     
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