Trade in advice please
Can you give me advice. I wanted to trade in my mazda cx3 awd gx 2016 with 50K mileage to a honda crv 2018 EX.
The dealer will buy my car and give me the lien price which is $13,000 and i will pay monthly the crv for $460 monthly for 84 months.
If i calculate, the 460 for 7 yrs is $38,640. I know price of the honda crv model ex ranges from $35,000 to $36,000 for a new vehicle with $220-250 biweekly from auto trader
Is this a good deal? Can i trade in my car for a higher price than the lien price to other dealer?