Solved

Which of the Following Statements Is NOT True with Regard

Question 100

Multiple Choice

Which of the following statements is NOT true with regard to trade-ins?


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 trade-in an automobile when purchasing a new one end up paying more than customers who simply buy a new car from a dealer.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions