Can you get money back when you trade in a car?

Question

I am about to buy a new car and my question is "If the dealer gives me a trade in value of 7500.00 can i put 5000.00 toward the down payment on the car and get a check for 2500.00 from the dealer?"

Answer 1

You are using that money for the money down.  Hence the reason, why it's a trade in.  Note, they say "value" what are they actually giving you for the car on trade?  You might want to sell your car on your own.

Answer 2

Both those guys are wrong. YES you can apply any portion of your trade allowance towards your purchase. I've done many times before for my customers. If you want all the cash back, you can do that if you want. END OF STORY.

Answer 3

they wont do that they will put all of that trade in value towards the vehicle your trying to get.  the only way you will get money back is if your trade in is worth more than the car that your buying