Trade in value when there's such a lead time

[Timewarp]

Just wondering how this works....

If I want to trade in my existing car against the Mustang, how do I know that Ford will give me a fair price for my existing car?

Yes, they can give me a trade in price for what it's worth now, however I wouldn't expect them to honour that in 12 months time when the Mustang is finally built and shipped. So what I'm expecting is to "negotiate" on the price of the Mustang + options now, and then when it comes to paying the remainder of the balance they'll value my trade-in then and take that from the balance. Is this how it works? How do I know this will be fair?

The alternative is that they estimate my current car's value in say a year. However, as they don't know the actual ship date from what I can tell here, can they do this?

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[SteveS]

I doubt they'll give you a trade-in price now and once you're ready to collect the Stang they'll kinda have you over a barrel price-wise. You'd get a better price selling privately close to collection date or punting to a buy-any-car place.
Don't think you'll have much joy on the negotiation of your mustang price however

 

[Timewarp]

I doubt they'll give you a trade-in price now and once you're ready to collect the Stang they'll kinda have you over a barrel price-wise. You'd get a better price selling privately close to collection date or punting to a buy-any-car place.
Don't think you'll have much joy on the negotiation of your mustang price however

Those were my fears. :doh:

 

[avocet]

Got a price on my Amarok a few months ago from my dealer, for that day only, 11,000 miles on a 12 plate, £17000.I nearly fell over, they go by that little black book lol.Even my dealer said sell it privately, which is what I did a few weeks later.They wont do you any favours even if you're buying a new car from them.

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