Thursday, March 15, 2012

automobile auction | Why do dealers will offer you complete sale ...

automobile auction | Why do dealers will offer you complete sale ? auction value for a trade in? | STL Sell Saint Louis Buying and Selling

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Russell I. Avery
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He enjoyed hunting, car auctions and attending the Detroit Auto Show. He was a loving father and grandfather who will be truly missed. He is survived by his children, Phillip Avery of Sturgis, Cheryl (Tom) Rose of Augusta and Brian (Laura) Avery of ?
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car auction Information and Advice

Why do dealers will offer whole sale ? auction value for a trade in?
I tried to trade in my 2005 RX 8 with 15 000 miles on it and they offered me whole sale/auction sale although the car is in a great condition. What can I do to contradict their argument ?we can get this at an auction? but the transaction is a trade-in. Please help !

Best answers:

Answer by Rob B
Sell it privately.

You won?t be able to convince the dealer to pay more than the amount they can buy a similar car for at an auction ? they are not in the business of paying out extra money for no reason.

A private buyer will be willing to pay closer to the retail value of the car, so you?ll get a better amount for your car, and at the same time they?re paying less for it than they would have to pay at a dealer.

asked by: Bebe

Can you get a 2000 mercedes s430 or s500 at a dealer auction for 7-8k?
Provided that a dealer is willing and able to purchase the car for you at an auction and sell it to you that that price.

Of course, prices vary because it is an ?auction? meaning ?highest bidder wins? but generally speaking??
Best answers:

Answer by xx_satanic_mechanic_xx
According to the latest market report from Manheim Auto Auctions (one of the largest in the country):

2000 MBZ S430 ? Low $ 6390, Avg $ 8203, High $ 10,106
2000 MBZ S500 ? Low $ 6006, Avg $ 8748, High $ 11,490

Avg miles 107,310

asked by: bittersweet.

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