Anonymous
06/10/2019 10:43
Subject: Trading in car with known issue?
Anonymous wrote:I can’t believe OP’s question isn’t being answered correctly, just a bunch of ignorant people replying for no reason.
OP, here is the real answer: no you are not stuck with it. You can and should trade it in. You should not tell the dealer what you know is wrong with it. The dealer is in the car business and is considered an expert, as such they should be able to figure out what is wrong before offering you a trade in value. If you sell to a private individual, then you should disclose to them what’s wrong with the vehicle since they are not experts. The person that buys the car from the dealer would be expected to do their due diligence. They’re buying used, they should have it looked at by an independent auto mechanic prior to buying and base their purchase price on that. You are not stuck with the car and need not worry what some hypothetical future owner may do with the car. It’s kind of you to consider them but goes well beyond the scope of what anyone else would do when trading into a dealer (again, this does not apply to a private buyer).
I don't think that an independent auto mechanic could say whether or not a particular Equinox suffered from this issue during an inspection. My understanding is that the oil consumption is minimal (but regular) such that without a 500 mile test drive, you would not really notice the issue.
Anonymous
06/09/2019 22:32
Subject: Trading in car with known issue?
Carmax buys. You don’t need to trade in.
Anonymous
06/07/2019 23:22
Subject: Trading in car with known issue?
Or you can donate it to a charity that could use the contribution and you can get a lovely tax write off.
Anonymous
06/07/2019 08:45
Subject: Trading in car with known issue?
Anonymous wrote:I can’t believe OP’s question isn’t being answered correctly, just a bunch of ignorant people replying for no reason.
OP, here is the real answer: no you are not stuck with it. You can and should trade it in. You should not tell the dealer what you know is wrong with it. The dealer is in the car business and is considered an expert, as such they should be able to figure out what is wrong before offering you a trade in value. If you sell to a private individual, then you should disclose to them what’s wrong with the vehicle since they are not experts. The person that buys the car from the dealer would be expected to do their due diligence. They’re buying used, they should have it looked at by an independent auto mechanic prior to buying and base their purchase price on that. You are not stuck with the car and need not worry what some hypothetical future owner may do with the car. It’s kind of you to consider them but goes well beyond the scope of what anyone else would do when trading into a dealer (again, this does not apply to a private buyer).
This. You don't need to disclose anything about the trade-in. Negotiate your best deal, and when they ask if you'll be trading in the Chevy, you say yes, and hand them the keys. That's it.
And you don't need to trade it in at a Chevy dealership or a dealership that sells both Chevy and Toyota. Any dealer will take most cars on trade. If it's more than a couple of years old, they aren't putting it on their used car lot anyway; they're sending it straight to auction.
Anonymous
06/07/2019 08:01
Subject: Trading in car with known issue?
How old is the car lemon law says you can get a full refund of sale price