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What is OverTrade?


Dualie
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Is it correct to say over trade is to take whatever loan that is remaining from current car and add this to the purchasing price of the car you getting?

Can those in the know show some example?

 

 

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actually there's a lot of variaty of overtrade. one of it is that the agent will declare a higher resale value of the trade in car, then add the over-declared amt to the purchase price of the car..

 

 

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