How to cheat when trading in
Useful tips for motorists

How to cheat when trading in

Selling your car is a serious test for the nerves of a car enthusiast. Therefore, in such a situation, people sometimes trust more not a private buyer, but an organization, albeit a commercial one. And done in vain.

The trade-in scheme has been used in the car market of our country for almost 20 years. It is familiar, worked out and therefore perceived as completely safe for the car owner. However, this is not always the case. Yes, everyone knows that selling by trade-in means a certain loss in the value of the car. But the main question here is: how much less than the average market price will the car dealer pay you in the end? Before the conclusion of the contract, the car owner will be asked to inspect the car at the car dealer's service center. Most likely not free. Get ready that about 10 rubles will be “knocked off” from the future redemption price of the car. The inspection will be aimed at identifying any malfunctions: both existing and imaginary.

The author of these lines once tried to sell his four-year-old car in a trade-in - a week after the scheduled maintenance at an authorized dealer, which revealed absolutely no “jambs” in technical condition. And during pre-sale diagnostics in the repair zone of the same official dealer of the brand, it suddenly turned out that the car requires immediate investments of at least 96 rubles. It is clear that in a week it is very possible to smash the chassis and steering systems to smithereens. But only not in the case when the car has stood idle all this week near the entrance ... Further, taking into account the results of such a “diagnostics”, the car dealership manager will set the final price for buying the car. Of course, I’ll throw off” about 000 more rubles under the pretext: “we also have to earn at least something!”

How to cheat when trading in

In other words, already at the stage of evaluating a car, you can lose almost half of its market price, especially when it comes to budget models. But that's not all. Many car owners, even realizing that they are openly "undressed", are forced to accept such onerous conditions. However, even after leaving the salon on a brand new car, you should not relax. Especially if you didn’t really look closely at the documents that you signed when handing over your car to a car dealership. It may very well be that after some time you will receive a notice demanding to pay tax on an old car that seemed to have been sold a long time ago! The fact is that the car dealership will try to minimize its costs - by saving also on the transport tax.

To do this, they do not conclude an agreement on the sale of his car with a car owner who rents a car in a “trade-in”, but receives a power of attorney in one form or another for the subsequent sale of the car. That is, from the point of view of the tax service, a car given in trade-in continues to be registered with the car owner, and not with a car dealership. The sadness here is that the gullible car owner will still have to pay the tax in such a situation. In this regard, one must be very critical in assessing the financial benefits offered by a car dealer through a trade-in program. Most likely, an independent sale of a vehicle to a private trader will be a more profitable undertaking. Although it will take more time. If, nevertheless, the choice fell on the "trade-in", then when drawing up documents, you need to carefully read the "fine print" of all the papers that are slipped to you for signature.

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