The Car Buying Guide for Extreme Savers Detailed Instructions
Step 3. Get the Most for Your Trade-In  Most new car buyers have
a used car they need to get rid of. You generally have two
options - you can either trade it in at a dealer, or sell it
yourself to a private party. I recommend selling to a private
party if you want to maximize savings. Yes, there are some
hassles, but it's usually worth the extra savings.  Dealerships
make more money selling used cars than they do new cars. Just
look at the difference between retail and wholesale prices in
any popular pricing guide and you'll see it's huge. Consumers
are so caught up with "haggling" over the new car price, they
get blindsided by the trade-in. It's amazing how many people
consider the trade-in an afterthought, leaving thousands of
dollars on the table.  If you're thinking about trading-in, you
need to seperate that transaction from the purchase of the new
car. If you combine them, the dealer has a lot of room to play
around with the numbers. They ma