How Do Trade-Ins Work When Buying a Used Vehicle in Ontario?
If you've never traded in a vehicle before, the whole idea can feel a little mysterious. How does the dealer figure out what your car is worth? What happens if you still owe money on it? And why do people keep saying you'll pay less tax if you trade in? Those are fair questions, and the answers are simpler than you might expect. Here's a plain-language walkthrough of how trade-ins work in...