Tips on Buying Cars/Paying too much

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Question
Hello,


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.

Ray
 http://www.usedcartips.org/  

Tips on Buying Cars

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Ray 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...

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over 35 years in automotive industry, management, retail, wholesale, appraisals, auctions, vintage

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usedcartips.org

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