Second time UC evaluation?

Petra Svobodova
I am wondering, how much is the lost for the dealer if he doesnt perform a second-time evaluation after he agreed on price with the owner during the first evaluation. I expect that the owner use the car for some time and then he actually does the real trade-in. Any sources on these topics are higly appreciated.
Megan Barto
Depending on the facts (length of time, mileage, any new damage) - we've been know to lower our appraisals to reflect market conditions.
mark rask
I agree with megan
Petra Svobodova
Thank you, are there any studies on process evaluation and trade in, or formulas which are quantifying the lost in residual value on dealer side during this possible time?
Megan Barto
We've never "kept track" of it. It's not something that happens all that frequently.
Petra Svobodova
Thank you Megan!

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