PITTSBURGH,None — Car dealers said they are offering more money for trade-in cars than ever before.
Steve Rayman from a Chevrolet dealership in Pittsburgh said each situation is unique, but dealers are paying unprecedented amounts for certain used vehicles.
Experts said the rise in the used-car market is due to supply and demand. Because many drivers are using their cars for longer, dealers are finding it more difficult to obtain used vehicles that are easily resold.
The best advice to follow, according to experts, is for consumers to negotiate the price of the new vehicle before negotiating the trade-in value of the old car. The experts said you should also use websites like www.kbb.com and www.edmunds.com to see what the vehicle is worth before going to the car dealership.
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