General Car Question - Buy Back Programs
#1
General Car Question - Buy Back Programs
Hi - Not sure where to ask this but figured you guys would know the answer. We're interested in selling our 2003 Saturn L200. I just received a notice from the car dealership that they have interest in buying back this specific car. They will either buy-back right out or you can get a $5,000 credit as a trade-in. I want to get rid of it so just do the buy-back.
What does this mean? What are the pros and cons of doing this? What does the dealership get out of this (i.e. parts for cars)?
I've always seen these but never really looked into them. Any info is greatly appreciated.
Thanks,
Paul
What does this mean? What are the pros and cons of doing this? What does the dealership get out of this (i.e. parts for cars)?
I've always seen these but never really looked into them. Any info is greatly appreciated.
Thanks,
Paul
The following 3 users liked this post by richardyc:
#3
^agreed. its a ruse or ploy to get you into the door of their dealerships, so that they can "flip you or "slam" you.
meaning, get you in another vehicle from their lot, putting money into the salesman's pocket
meaning, get you in another vehicle from their lot, putting money into the salesman's pocket
The following users liked this post:
phoward_15 (05-22-2012)
#6
I remember that ree years after I got my RDX I got a letter saying that there was a strong demand for my specific model (whiteout mentioning what it was) car...like the other said, just a marketing strategy to get you in the door
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