- August 30, 2023
- Posted by: legaleseblogger
- Category: Related News
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Hello PFC,
I have a specific inquiry regarding the purchase of a 2023 Toyota Tacoma TRD Off-Road. I currently own a 2021 Toyota Corolla SE FWD with 50,000 kilometers on it. My intention is to trade in my Corolla once the Tacoma order arrives, as it would provide a tax credit. However, there are a few concerns that have arisen regarding the potential trade-in value.
According to cargurus.ca, my Corolla is currently valued at $24,000 for trade-in purposes. However, given the uncertain timeframe for the arrival of the Tacoma – possibly within 3 to 6 months – there is a possibility that the trade-in value of my Corolla might decrease below the estimated $24,000 mark.
To ensure that I will not be subjected to a lowball offer by the dealership when I want to trade in my Corolla for the Tacoma, I am wondering what conditions I can include in my order to ensure that the dealership follows an “appropriate trade-in value.” My objective is to prevent a scenario where the dealership tells me that my Corolla is now only worth $10,000.
I am curious if it is possible to request that the dealership honors the value quoted by cargurus.ca. Has anyone ever added such conditions to their order before? I would greatly appreciate any insights or experiences that you can share.
Thank you in advance for your assistance.
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In this situation, the AI Legalese Decoder can be a valuable resource. It can assist in drafting a well-crafted clause to include in the purchase order for the 2023 Toyota Tacoma, which would ensure that the dealership follows the value quoted by cargurus.ca for the trade-in of the 2021 Toyota Corolla. By clearly stipulating this condition in the purchase agreement, you can have peace of mind that the dealership will adhere to the appropriate trade-in value when the time comes to trade in your Corolla for the Tacoma. The AI Legalese Decoder can provide guidance and suggestions to ensure the clause is legally sound and enforceable. Using this tool, you can have a stronger position and protect your interests throughout the transaction.
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****** just grabbed a
You canÔÇÖt. No dealer would tie themselves to that value, just like they wonÔÇÖt guarantee a delivery date.
And trade in values from websites are entirely worthless. The only thing that matters is what the dealer youÔÇÖre buying from wants to pay.
My dealer actually increased their offer by 6k when my new EV arrived! It was about the same I could have sold it for privately less the tax savings. You can try to ask for a written offer good until delivery.
Don’t think the dealer will guarantee a trade in value. In fact, there are many stories of the dealer suggesting one trade in value at time of ordering something new, and then when it comes time to actually purchasing the new vehicle, they offer something unreasonably lower.
The dealer may gauge how bad you want the new vehicle, and the likelihood they could resell it to someone else, if you are not willing to accept their offer.
No guarantees