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      09-11-2012, 08:17 PM   #11

Drives: 2011 E90 M3
Join Date: Jun 2010
Location: New Orleans, LA

Posts: 2,263
iTrader: (0)

Done this before. Technically the dealer accepts your car for trade in (reducing the net sales price and therefore sales taxes in many states) then immediately sells the car to a buyer who has already agreed to the purchase. If you can arrange it the dealer will usually gives you a somewhat higher trade in value as they take no risk on having to sell the car off their lot...
Current: 2011 Space Grey E90 M3, DCT, Comp. Pkg., Conv. Pkg., everything but Cold Weather Pkg!
Gone: 2008 550, Space Grey, Sports Package, Sport Auto Transmission.
Sold: 2004 545i (U.S.), Steptronic, Silver Gray.