Car Trade Allowance Explained

I have customers every day tell me that their trade in is worth $2000 more across the street. Let me tell you why it is worth more there. It is called trade allowance, what is allowed on your trade. When a car is appraised it is given an (ACV) Actual Cash Value. The ACV is going to be pretty much the same wherever you have your car appraised. Now say you are buying a $29000 used SUV that is marked up $4000. I can show you that your car is worth $2000 more, take $2000 from profit, and still make $2000. You can juggle the numbers any way you want, but always look at the bottom line.