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PRICING
Trade-In
A car you sell to the dealer as part of a new-car deal. Negotiate separately.
// Why it matters
A trade-in is a vehicle you sell to the dealer as part of a new-car purchase. Dealers often "undervalue" the trade to subsidize a "great" deal on the new car — total profit unchanged, just shifted between the two transactions. Always negotiate the new-car price separately from the trade. Get a written Carmax/Carvana/Vroom offer first as your floor; if the dealer can't beat it, sell to Carmax instead.
// Related terms
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