Jump to content

Welcome to Autoworld Forum !

Sign In or Register to gain full access to our forums. By registering with us, you'll be able to discuss, share and private message with other members of our community.

Close
Photo

What is overtrade?


  • Please log in to reply

#1
StormZ

Posted 26 September 2006 - 01:44 PM

StormZ

    Taxi Driver

  • Members
  • PipPip
  • 269 posts
Hi, I have a question on overtrade.

1) Does anyone have a good explanation of the whole overtrade process?

2) Does my selves on the losing part when it comes to overtrade?

Thanks!

#2
sinister

Posted 27 September 2006 - 05:45 PM

sinister

    Hot Rod

  • Members
  • PipPipPipPip
  • 14,055 posts
Overtrade means dat the company ur selling ur car will buy d car at a
higher rate den d market will give.. so effectively subsidising d cost of d
new car..

#3
StormZ

Posted 27 September 2006 - 07:45 PM

StormZ

    Taxi Driver

  • Members
  • PipPip
  • 269 posts
Sorry i`m too naive about overtrade.

1) Is there any hidden cost/things behind overtrade? What should i
becareful of?

2) Are all dealers offering overtrade? Should we as consumer ask for
overtrade?

#4
WhiteGhost

Posted 30 September 2006 - 07:27 AM

WhiteGhost

    Fast & Furious

  • Members
  • PipPipPip
  • 1,698 posts
Overtrade is a good thing.... just make sure you get a few quotes from
dealers on the value of your part exchange.

The best bet is still to sell privately as you are more than likely going
to get a better price for your car, the only problem selling private is
all the hastle that goes with it.