i took my 96 nsx (30k miles) to a rover dealer to see what the trade in value would be. they quoted me $35k. does this sound right or are they out of their minds?
Originally posted by WeakestLink:
Based on 2 month old auction information, a 96 should be worth between $42400-$45500 for a T and $40400-$43300 for a coupe.
Originally posted by nsxtasy:
What's the relationship between trade-in price and auction price? Should trade-in be less so that the dealer still makes money if he takes it to auction, or not necessarily?
Originally posted by nsxtasy:
Another factor that may make it a slightly better deal to trade it in is that if you're buying a car from the same dealership where you're trading it in, there are potential sales tax savings in most states. For example, if you get $35K on a trade-in for a new car that costs more than $35K, in a state with 8 percent sales tax, you will save $2,800 in sales tax on the purchase of your new car. So the $35K they are offering would be worth $37,800 to you.
[This message has been edited by nsxtasy (edited 15 April 2002).]