AboutRay Paulsen Expertise confused buying new or used...buy with confidence from dealer or private...consumer fears...paying to much...getting a lemon...accident car...fair value for trade...negotiation process...etc...you simply want a fair deal...
Experience over 30 years in automotive industry, management, retail, wholesale, appraisals, auctions, vintage
I have question. I was going over my contract and it says:
Gross trade in 6900
less pay off made by seller 10000
equal net trade in (Minus) -3100
Why is it the net trade in minus and positive? It seems trading in my car added to the price.
Thank you,
Elena
Answer Hi Elena
The way I read it, you were allowed $6,900 for trade but owed $10,000 which leaves a negative $3,100 which has been added to the purchase price.
If this is not the answer you been looking for then send me a copy of your bill of sale, and make sure you check the " make private box " when sending
PS... If you dont want to disclose your name and address and vehicle details simply dont copy the top portion.
