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Yes correct and I know others like Thom who also had an agreement as to what the trade value would be.  This is why I believe "The Stealership" dangled the carrot of you'll get your money back if we let you order a new C8 and took advantage of him wanting a new car and not fully understanding the market for C8s.  


I do think its good the OP walked away because he should find out total payout, capitalize on his tax credit on trade and receive a premium as the market still commands one where he could make some and his future dealership.


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