Trade in Questions

[Rome]

We purchased our used car from a family member a few years ago and neglected to get a Car Proof report on it just blindly trusting our relative words that there were no accidents on the car. We find out that there was actually an accident reported on the car. Now we want to get a new car. Just wondering if there are any experts on this thread that can let me know how a car dealership will look at our car? Will they even accept our car as a trade in or would they just low ball us....
Any advice would be appreciated...
Thanks!

[oeketer]

We purchased our used car from a family member a few years ago and neglected to get a Car Proof report on it just blindly trusting our relative words that there were no accidents on the car. We find out that there was actually an accident reported on the car. Now we want to get a new car. Just wondering if there are any experts on this thread that can let me know how a car dealership will look at our car? Will they even accept our car as a trade in or would they just low ball us....
Any advice would be appreciated...
Thanks!

Depends on what kind of accident claim is reporting on the report. It will affect your trade in value in one way or another. How much depends on whats on the report. The dealer will most likely try to use the claim to give you a lowball however. What kind of car is it with how many km?

[Buci]

If the accident claim is more than $3000 it will affect your trade in value.

[Pete_Coach]

We purchased our used car from a family member a few years ago and neglected to get a Car Proof report on it just blindly trusting our relative words that there were no accidents on the car. We find out that there was actually an accident reported on the car. Now we want to get a new car. Just wondering if there are any experts on this thread that can let me know how a car dealership will look at our car? Will they even accept our car as a trade in or would they just low ball us....
Any advice would be appreciated...
Thanks!

The dealership will lowball your trade in. That just is a matter of course. They generally do not want used cars form customers. they buy them form auctions or off lease from the lease holders.
You fail to mention the type, year or mileage of the car you wish to trade in. No disrespect but, it may not be worth much. It will certainly be worth less if it has been in an accident. Just imagine if you were to buy a car (as a dealer is doing with your trade in) and you found out it was in an accident? What would you say to the seller?
Lastly, they may not accept the car and one of the ways of doing this is to offer you little for the vehicle. A trade in is not an asset to the dealer but a liability. they may have to do a lot of work to get the car up to safety standards to be able o even sell the car. That plus the administration, ownership changes and commissions that have to pat sales staff may make your car just plain not worth it for them unless you basically give it to them. Then they would most likely send it to the auction so some fly by night used car dealer or some curbsider will buy it and sell it to another RFDer.
Don't be insulted by their offer and don't take it personally, it is a pure business decision and business has no friends.

[Rome]

Thanks for all the quick replies...gives us a better perspective on our car.
It is a 2005 Acura TSX with 95,000 KM
And on the report it doesn't say the damage amount. Which could mean it was minor or the insurance claim was denied.

[macnut]

We purchased our used car from a family member ........ just blindly trusting our relative's words that there were no accidents on the car. We find out that there was actually an accident reported on the car.

What's the world coming to when even Italian family are not truthful with each other?

And we thought car dealers were bad!

The TSX is the sort of car best sold privately - many non-Acura dealers are not even aware of its virtues.
Just a relatively small number of informed people who appreciate it, and who don't want cookie-cutter Japanese styling.
If the accident claim really was minor, you will find a qualified and committed private buyer - but it may take patience.

[Pete_Coach]

What's the world coming to when even Italian family are not truthful with each other?

And we thought car dealers were bad!
........

Just too funny! LOL :lol::lol: