For trade in, you must do your homework accordingly as dealers have a fairly big trade in value range. Once you establish your car's worth, either by Cdn black book reference or other sources, you should visit a bunch of dealers to see who will give you the highest trade in value, then you know your trade in is not being low balled.
As for the new car, this transaction can be viewed as independant to your trade in. If you insist of asking about 7% discount, then you should stick with that target. Do watch out for those bogus dealer's fees & charges when negotiating.
Ideally, you would deal with dealer who can meet your trade in value + your desired discount on the new car.
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Originally Posted by Dgrohl
Question about the discounts given. I know it's usually 4.7- 5% as a minimum amount. I've gotten this by just asking.
But do they apply this discount after taking your trade-in for consideration or before considering your trade-in?
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