All of the Following Statements Regarding Trade-Ins Are True EXCEPT

Multiple Choice

All of the following statements regarding trade-ins are true EXCEPT:

A) Flexible pricing and trade-ins often go hand-in-hand.
B) If a trade-in is involved, the consumer must negotiate two prices, one for the new product and one for the existing product.
C) Research found that trade-in customers tend to care more about the trade-in value they receive than the price they pay for the new product.
D) About 95 percent of all new car sales involve a trade-in.
E) On average, customers who traded-in an automobile when purchasing a new one end up paying more than customers who simply buy a new car from a dealer.