True or False: You may receive a better deal on your old vehicle if you trade it in rather than selling it privately.

The assertion that you may receive a better deal on your old vehicle if you trade it in rather than selling it privately is not universally true, which is reflected in the correct answer. When trading in a vehicle, dealerships generally offer a convenience factor, allowing a quicker and simpler transaction; however, the trade-in value is often lower than what you could potentially receive from selling the vehicle privately.

Selling a car privately can yield a higher price because it allows the seller to set the price based on the vehicle's condition, demand, and market value, rather than the wholesale price that a dealer would offer. Therefore, while trading in can be more convenient, it doesn't necessarily provide the best financial return compared to private sales.

The option that suggests the validity of the statement is misleading since circumstances like the specific car type, condition, and market trends can significantly influence the price. Hence, trading in does not guarantee a better deal in all situations, making the statement false.