Wednesday, May 10, 2017

Dealer Trade-in appraisals often add odds with online quotes for comsumers

Dealer trade-in appraisal often at odds with consumers' online quotes

CARY, N.C. — Generally speaking, consumers and dealers often don’t seem to see eye-to-eye when it comes to trade-in appraisal, says Black Book senior vice president of sales Jared Kalfus.

Black Book’s latest online survey, which examined car shoppers' sentiment on trade-in appraisal when purchasing a vehicle, found that 47 percent of those polled desire a dealer’s offer to be within $501 to $1,000 of their researched quote for it to be satisfactory.



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