Quote:
Originally Posted by M3th_add1ct
Dealer trade in and auction values are two very different from what people think usually cars that are at auction are surplus from bmwnf, dealer overstock , bank repossesions , and very rare private seller. So they go for a different price than a trade in. One these auctions are for used car dealer so no open to publically anyone 2 prices are sometimes in a range a car dealer can make a profit on it. So for trade in values at any dealer the car is subject to miles conditions and customer supply and demand. Dealer will make u an offer then turn around and mark up the car for retail
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Not completely true. Dealers in my area often value trade in at auction value. That way if they aren't able to unload on the lot they can dump at the auction at no loss. This is also why trade in value is negotiable.