[Shotimes] Re: What is a '99 with 51,754 miles worth?

[alfitz@alfitz.com]

I think you may have it all wrong. Dealers pay VERY LITTLE for a trade in.
On paper, it may appear that way, but in reality they usually get them for
nothing or close to it.

Example:

Let's say I'm a dealer and I have a car that I bought at the wholesale
auction. 1992 Cadillac Eldarado with 129K on the odometer. I paid $2,885 for
the car and it books (NADA) for $7,200. I put it on my lot for $7,200 and
you come in with your average condition 1992 SHO and want to trade for the
Caddy. I tell you that I'll give you $3,500 for the average SHO in trade.
You pay me $3,700 and your SHO as a trade. I made $815 and got your car for
FREE.

Al Fitz
http://www.alfitz.com
NEW & USED SHO PARTS
.
SHO PARTS REQUEST FORM:
http://www.alfitz.com/sho/parts-form.htm


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----- Original Message -----
From: <SHOLANDO@aol.com>
To: <ronporter@prodigy.net>; <sho@paul-fisher.com>;
<shotimes@autox.team.net>; <v8sho@v8sho.com>
Sent: Friday, August 22, 2003 3:42 PM
Subject: [Shotimes] Re: What is a '99 with 51,754 miles worth?


> The car is at a Dealership.  They usually spend some money detailing and
> fixing some of the small things that most private or ebay sellers may not
fix.
> Dealers usually have a lot invested in used cars, since they received them
on
> trade-in.
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