Wouldn't go much by the trade in or retail value as the make / model you are trading it in for has an impact on what the dealer is prepared to pay. Most dealers will just dump your car into an auction and lose some of the money they paid you, while making it up on the vehicle you are buying and or the interest if you are financing the vehicle. The dealer gets a whack load of incentives on a new vehicle so he ain't going to be losing anything...don't worry about that.
When I traded my car (2010 R171 350 AMG package) the dealer gave me just above what I was expecting so I was relatively happy. The Sales Manager put my car on the forecourt the next day $5,000 more than what he gave me :surprise: He said that he was impressed with the condition of the car and while normally he would have sent it to auction, as it was more than 3 years old,(apparently here in the GTA the MB group won't finance cars older than 3 years), he decided to put it on the forecourt because summer was around the corner, which of course generally increases the profit on a convertible.
While I might have got a slightly better deal privately, its just too much hassle with government paperwork plus the fact I would have probably missed out on the car I have now.
A car is only worth what people are willing to pay for it, sometimes you win, more often or not you lose, unless you have a drop dead classic that everyone wants................as they will with mine (and others on the forum) as it will be one of the last NA hand built AMG V8 engines for an SLK:x....that's my theory anyway>
When I traded my car (2010 R171 350 AMG package) the dealer gave me just above what I was expecting so I was relatively happy. The Sales Manager put my car on the forecourt the next day $5,000 more than what he gave me :surprise: He said that he was impressed with the condition of the car and while normally he would have sent it to auction, as it was more than 3 years old,(apparently here in the GTA the MB group won't finance cars older than 3 years), he decided to put it on the forecourt because summer was around the corner, which of course generally increases the profit on a convertible.
While I might have got a slightly better deal privately, its just too much hassle with government paperwork plus the fact I would have probably missed out on the car I have now.
A car is only worth what people are willing to pay for it, sometimes you win, more often or not you lose, unless you have a drop dead classic that everyone wants................as they will with mine (and others on the forum) as it will be one of the last NA hand built AMG V8 engines for an SLK:x....that's my theory anyway>