Is there any benefits or discounts for buying a new car without a trade in?
Never done it and looking for advice
I do not have a trade in
Thank you
Is there any benefits or discounts for buying a new car without a trade in?
Never done it and looking for advice
I do not have a trade in
Thank you
Correct most of the time.
But OP should put it to the test…cost nothing to ask
Dont know why OP is asking us.
We are not the dealer.
Having a trade-in is just smoke and mirrors for manipulating values. In most cases the dealer just wholesales your vehicle and you take a loss compared to a private sale for that convenience/service.
In regards to your actual question, there are too many variables to give a definitive answer.
You'd make an excellent politician.
I'd say he gave as much correct information without adding stuff that could be wrong in the OPs case. I reckon, it's a very fair answer…. Usually, in my mind, being compared to a politician can be a bit of slag. (I'm not saying you did)
Yes. Selling your car privately will get you a higher sale price.
Depends how much rwc will cost
The difference between a trade in and private sale can be massive. When I leased my new car they asked me if I wanted to trade in my 2010 Golf wagon (with 120k on the clock) offering me $1200 for it. I said nah and sold it privately in one weekend for $7,500.
fahk!
$14k trade in offer for Skoda
Sold privately for $22.5k
Much more effort but not $8.5k of effort
Put it this way, there is no point snaffling a second hand car to trade it in now.
Unless you negotiated a killer deal that covers all the layers of extra paper work and fees (all fees) and your time.
Once you settle on the car you want, play dealers off each other till you get the best overall deal you can. Factor in the dealership reputation and location if you intend to service the new car there.Personally free basic accessorises isn't a deal breaker for me the lowest price/best deal is the aim. If you are crafty you can still get the free mats and protection bling if you hold out until you secure the deal.
Had to drive out one hour to get the best price.
But this was using a broker.
Broker isn't bad idea ( esp if you haven't got trade in.)
Some union memberships offer the services of some, at reduced prices (or used to)
They did a trade in using a used car seller
Was better than dealer. Price. As well.
Yes there is benefits , haggle for a good price on a vehicle of your choosing. Be prepared to do some travel as the first offer is usually not the one you'll end up purchasing 💯
i did once a trade in, found the price was way lower than was on the market, so i have never done trade ins since, sell my car after i bought new one.
i got Trade-In Estimate from Tesla june 25
Trade-In Vehicle
2025 Tesla Model Y
Model Y Rear-Wheel Drive
Odometer
12,000 km
Trade-In Estimate
$47,000.
I paid on Dec 2024
MDLY Model Y 40,900.00
MTY32 Model Y Rear-Wheel Drive 15,000.00
Delivery Fee 1,400.00
REFRL Referrals (1,400.00)
SALINS Sales Incentive (3,000.00)
Stamp Duty: 1,765.00
Motor Vehicle Registration: 582.00
CTP: 449.57
License Plate Fee: 154.50
Drive Away Price 56,251.07
$10k in 6 months seems about right to me.
I think Tesla might now have a whole other category re depreciation, thanks to the man child.
Do not buy any brand new car. Do not buy a brand new car. Waste of money. Car is not investment. Do not buy brand new car
Do not trade in your car, either. Trade in something like mother in law.
Depends on what brand you're buying and how long you plan on keeping the car for.
I got my 2015 Honda HRV brand new 2 weeks upon it arriving in Australia. Paid 27K drive away, 10 years later it's worth about 18K now. Total peace of mind knowing it was driven with care, never crashed and repaired, serviced by my own hands with Penrite 0W-20 every time, CVT fluid changed every 50,000KM, still on original brake pads at 112,000km.
Some people go second handed, checked by mechanic, and still get stung by it being a lemon.
The unknown factor of a second hand purchase is real.
Private sale will almost always give you more than a trade in.
Will the dealer negotiate a better deal on the new car? No.
Even as when viewed as a package, you're very unlikely to be better off vs selling private and buying new.
Why do people do it? Convenience.
If they have a current novated lease with a balloon and the trade in covers that cost… drop the keys off when picking up the new one. Done.
Even without a lease, not having to deal with people or additional paperwork has its attractions and typically the trade values aren't quite as extreme as some of the examples.
It doesn't hurt to ask, but bottom line, check what people are listing for on carsales etc and compare that to your trade offer and decide if $x is worth your time/effort/stress.
Trade-ins are smoke and mirrors and can make it hard if you end up with a good deal or not. Most of the times, it’s the latter. Depends also if you have the time to sell privately, waiting around, dealing with tyre kickers etc. What’s left on your rego can be a deciding factor too - but that works both ways, dealer/private sale.
As someone mentioned, ask them for a quote. Check wastebook out and see what people are asking for a similar of cars and Redbook for a guide.
2025 Geely EX5 has bonus 2k trade-in. This could work well for a very old car. For a newer car I would sell privately
If you have trade in the price does down but usually the dealer will give you less for that old car. They will make it seem like you are getting the best deal on new car.
Selling privately is best.