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      09-11-2012, 09:17 PM   #11
kscarrol
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Drives: 2011 E90 M3
Join Date: Jun 2010
Location: New Orleans, LA

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...
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2011 Space Grey E90 M3, DCT, Comp. Pkg.
1997 Z3 2.8, Artic Silver, Tanin Red interior, MT
1974 2002tii, Inka, MT