Why might a trade in allowance, particularly in the case of a car, be unrealistic Why would a dealer give more trade in allowance on a used car than it is worth ...

The tradein allowance may be higher or lower than t ...

Why might a trade-in allowance, particularly in the case of a car, be unrealistic? Why would a

Question:

Why might a trade-in allowance, particularly in the case of a car, be unrealistic? Why would a give more trade-in allowance on a used car than it is worth?
Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...