This whole thing is nonsense and it starts with the idea he’s out $12k. No dealer is going to give him the same amount he paid as a trade in, even if it’s only a month later. At least half of that amount is the cost of flipping that vehicle. The dealer buying it has costs and profit to consider. At best, he’s out $6k due to the diminished value and that’s being generous IMO.
TwinTurbo
10
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