Question

If you are considering trading in a used car when you purchase your new one, it is best to:

A) tell the dealer right away so that your trade-in credit can be calculated against the purchase of
your new car.
B) not trade the car in, but rather sell it yourself to someone else.
C) make the trade-in deal a separate transaction from the new car deal.
D) not be too concerned about the value given, since dealers are required to give you at least blue
book value.

Answer 1

When trading in a used car, it is best to make the trade-in deal a separate transaction from the new car deal to negotiate and understand the value of the trade-in independently. The correct option is C.

Step-by-step explanation:

When considering trading in a used car when purchasing a new one, it is best to make the trade-in deal a separate transaction from the new car deal. This allows you to negotiate and understand the value of your trade-in separately and avoid any confusion or manipulation by the dealer.

By separating the transactions, you can also explore other options such as selling the car yourself to get a better price rather than relying on the dealer's appraisal.

Hence, Option C is correct.