Quote:
Originally Posted by DoubleF
No. It was fine, but it was a 5 seater vehicle. He had visitors this summer and needed a vehicle to seat 8. He decided to see if he could upgrade to a van before renting or borrowing my van for the summer.
Toyota demanded his Corolla to be traded in for the Sienna Hybrid or would refuse to sell it to him and put him on a 14-16 month waiting list instead.
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Essentially he just paid more money to get it now.
The trade in has positive value; the dealership will sell it for profit and therefore giving the car to your cousin is worth more to them than others on the waitlist.
I don't think they're allowed to sell to buyers at above dealership pricing (highest bidder); so this is another way of doing that.