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The most common type of Trade-In Protection (or TIP) occurs at the dealership level, at the vehicle-buying transaction. Dealers either give away the entire TIP protection (up to $5000 in negative equity benefit), or give away a portion while leaving the balance to be purchased by the consumer ($2500 give away, $2500 for sale).
Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...
Trade-in: dealer inventory that is aging or does not meet their market positioning (e.g., an old car that was traded in for a new one at a different brand of franchised dealership). Traded-in cars sometimes have after market modifications that may affect their marketability.
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Learn how to trade in a financed car, ... You can get an estimate of your vehicle's value using free online tools like Kelley Blue Book. ... Car and Driver’s 10 Best Cars through the Decades.
Once you find the best car for your needs and sign the paperwork, show it off. Take a selfie with your new car and post it on Instagram. Let the world know you got a good price on a great vehicle ...
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