I worked at a Saturn dealer this past summer as a sales consultant and they are pretty good about giving fair value for your trade-in. Heck they will even just buy your car off you so you dont have to trade it in as long as it is something they are looking for or sell regularily.
The way they figure your trade value is a combination of KBB which they say is a very high estimate and is usually worth a lot less than that, and what current models like it on the lots are going for as well as what they are going for at the auctions.
However I did work at a chevrolet dealer a few years ago in 2001 and that is when my 98 SE V6 with 30K on it was traded in and the dealer only gave them $4500 for a car that was still under factory warrenty! And so I picked it up for $5500!
It is much better to sell it out right if you can but the economy is so poor for the used car market that it is hard to get any money from a trade in or a out right sale. And that is why I am driving my tour into the ground!
Just some info for ya all!
