Definition of overtrade

[Wind30]

People,

 

what is the commonly accepted way of calculating overtrade?

 

Let say my 9year old car Parf = $10k

Most Japanese dealers will take it in at $15k.

Mercedes will take it in at 25k. 

 

Is the overtrade given by Merdeces considered $15k or $10k? Is overtrade the amount over the car market value (which is a bit ambigious) or its Parf? 

 

I am trying to see how much wiggle room I have for negotiation based on previous posts of $15k overtrade. 

Edited January 11, 2017 by Wind30

[therock]

Bro

Please refer to our Merc owners thread, I have written extensively about this there.

So I guess you have gone from city to Altis to Merc eh..

[Wind30]

thanks. Reminded me of the search function :)

 

found a previous thread on this kenna locked by Radx....

 

I would lock this thread if I can ....

[Tianmo]

http://www.mycarforum.com/topic/1718974-overtrade/?hl=overtrade

 

http://www.mycarforum.com/topic/2699813-term-of-over-trade-in-buying-new-cars/?hl=overtrade

 

http://www.mycarforum.com/topic/2636674-overtrade-mystery/?hl=overtrade

 

 

Please lah.

[Wind30]

Bro

Please refer to our Merc owners thread, I have written extensively about this there.

So I guess you have gone from city to Altis to Merc eh..

 

thanks. That thread is exactly what I am looking for.

 

All the old overtrade threads is about something else leh