What is the difference between a cars trade-in value and a cars retail value?
GymnasticsBabe asked:
My consumer math assignment says : " Mr. Johnson found on the internet that his car had a 'trade-in value' of $4295 but a 'retail value of $9110. Check the internet and find out what these values mean and why such a difference exists." But I have looked for that and all I can find is the trade in values for specific cars...please help me?
Barbar
My consumer math assignment says : " Mr. Johnson found on the internet that his car had a 'trade-in value' of $4295 but a 'retail value of $9110. Check the internet and find out what these values mean and why such a difference exists." But I have looked for that and all I can find is the trade in values for specific cars...please help me?
Barbar