What does cash/trade mean when buying a vehicle?
I'm looking at buying my first vehicle from ford. When I go on the website for Airdrie Ford in albera, I found the truck I like. It gives me how much it will cost a month. Then it says. Cash/trade=$2599. What does this mean, Is that the down payment. I'm not sure of it. And would really appreciate some help
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$75 off $150: Y6DFGMBP that ad is telling buyers that they can use their old vehicle as a trade in, IF the dealer will allow that amount for the old vehicle and if not, then the buyer will need to have 2500 in cash - either one would be for the down payment That's the price of the junky car. For only $2500, it's junky, believe me. Yes, it means you need that much in cash or trade, plus tax title & fees. Or your payments will be higher. Cash/trade means you have to put up $2599 like a downpayment, it can either be cash or a trade in. It has nothing to do with how much you can sell it for.
That ad is telling buyers that they can use their old vehicle as a trade in, IF the dealer will allow that amount for the old vehicle and if not, then the buyer will need to have 2500 in cash - either one would be for the down payment
That's the price of the junky car. For only $2500, it's junky, believe me.
Yes, it means you need that much in cash or trade, plus tax title & fees. Or your payments will be higher.
Cash/trade means you have to put up $2599 like a downpayment, it can either be cash or a trade in. It has nothing to do with how much you can sell it for.
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