With the “Cash for Clunkers” program (is it or is it not still in effect?) hiccuping along, some are getting great deals on their new cars. My advice is to take advantage of “Cash for Clunkers” only if you are planning to buy a new vehicle anyway and only if you can afford to pay cash.
But if you are planning to trade your old car for a newer used car, you can save thousands of dollars by doing it yourself instead of using a dealer. The reason is very simple. Dealers must buy wholesale and sell retail in order to make a living, but you can ask more than wholesale when you sell your vehicle yourself and pay less than retail when you buy your next vehicle from an individual.
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