It seems like everyone with a V8 has been trading in. If in the lot you've got 8 or 10 on the lot already, the value may not be as high as they'd hope. |
It's definitely moving the market to bring people to come and buy a vehicle, maybe before they're ready to because of the limited time frame. The deal is so good on a new car, the down side is that the trade-in is affected because everyone compares how new to used is. |
The trade-in value is lower because of how cheap a new one is, but the used car customer can get a newer vehicle for less money than they're familiar with. The interesting thing is that manufacturers will do whatever it takes to sell vehicles, and this is just one more piece of the puzzle. |