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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2021 X3 M40i
1974 2002tii, Inka, 5 sp manual
BMWCCA # 327475
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