What is dealer trade in estimate Mean

Asked by Oct 12, 2014 at 08:04 PM about the 2015 Chevrolet Suburban LT 1500

Question type: Car Selling & Trading In

3 Answers

241,535

An estimate on how much your current car is worth when you trade it in when buying a new car.

34,165

So be straight with your description. In no way is the dealer obligated to the "estimate."

14,265

There are several prices of a vehicle. What the dealer will price it for on the lot to sell. What his bottom line is for him to sell it. What an estimated value of the vehicle is for retail sale on the lot. What a dealer will give you for trade in. He has expenses to clean up the vehicle and make sure it meets all rules to sell a save car, so that will be taken away from what he is willing to offer to take it in on trade in. He has a profit margin also to meet. Then there is what you'd ask for it selling to a private party vs. what that person is willing to pay for it. An estimate is just that. If you have a well maintained vehicle, all the records of repairs, never been in a repair shop or wrecked, the estimated price will be higher that for a well loved but abused beater vehicle. Once the dealer looks over the car, he will give you the correct price he is willing to take it off your hands for. Dealers prices are low, but you can normally get more from selling it to a private party. There are other variables, but not enough room here.

Your Answer

Add photo

Related Questions

Suburban

Looking for a Used Suburban in your area?

CarGurus has 19,514 nationwide Suburban listings starting at $1,800.

ZIP:
Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

Search Chevrolet Suburban Questions

Chevrolet Suburban Experts

#1 Andrew Olsen
Andrew Olsen
Reputation 990
#2 Eric Fritz
Eric Fritz
Reputation 890
#3 Neal Turner
Neal Turner
Reputation 850
View All

Related Models For Sale

Used GMC Yukon XL
209 Great Deals out of 12,378 listings starting at $2,999
Used Chevrolet Tahoe
558 Great Deals out of 31,371 listings starting at $1,500
Used GMC Yukon
381 Great Deals out of 19,299 listings starting at $2,000
Used Ford Expedition
438 Great Deals out of 24,829 listings starting at $1,150
Used Cadillac Escalade ESV
111 Great Deals out of 5,435 listings starting at $1,995
Used Cadillac Escalade
194 Great Deals out of 10,972 listings starting at $3,200
Used Chevrolet Silverado 1500
1,765 Great Deals out of 181,201 listings starting at $250
Used Chevrolet Silverado 2500HD
300 Great Deals out of 28,182 listings starting at $2,495
Used Toyota Sequoia
137 Great Deals out of 5,469 listings starting at $1,500
Used Lincoln Navigator
102 Great Deals out of 5,837 listings starting at $1,900
Used Ford F-150
2,059 Great Deals out of 207,339 listings starting at $1,499
Used Nissan Armada
136 Great Deals out of 8,391 listings starting at $2,985
Used Ford Explorer
931 Great Deals out of 70,253 listings starting at $997
Used Dodge Durango
268 Great Deals out of 21,293 listings starting at $1,499

Used Cars For Sale

2017 Chevrolet Suburban LT 1500 For Sale
1,369 listings starting at $41,888
2016 Chevrolet Suburban LT 1500 For Sale
262 listings starting at $37,995
2015 Chevrolet Suburban LT 1500 For Sale
161 listings starting at $22,749
2014 Chevrolet Suburban LT 1500 For Sale
3 Great Deals out of 86 listings starting at $17,500
2013 Chevrolet Suburban LT 1500 For Sale
3 Great Deals out of 88 listings starting at $12,995

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.