Last post on Oct 27, 2013 at 2:09 AM
You are in the Chevrolet Suburban & Tahoe
What is this discussion about?
Chevrolet Tahoe, SUV
#2921 of 6471 mikes1 - For reference, I am soon selling my 2002 Tahoe
Oct 01, 2002 (3:47 am)
LS with third seat and fender flares as the only options (2WD), and I have a Phoenix dealer suggesting $27-$28K on a trade in for a 2003 Tahoe (have not actually got the exact trade in value confirmation yet). So, the dealer would be selling this 2002 for $29K +(my guess). My 2002 only has about 2400 miles on the odometer. I would have to get $29.6-30K in a private sale to equal the $28K the dealer might offer (to offset AZ sales tax). We have two Chevy dealers in my town - one is sold out of 2002 Tahoes, the other has about 20 2002 Tahoes left. However, most of the Tahoes on dealer lots have a lot of options, but with $2500 rebate, you may still get a good deal. I agree with other posters above that you should stay away from that 2001 near warranty expiration 2001 for $28K. I don't know what kind of options you need/want, but I changed from a loaded 2001 Yukon to a unloaded 2002 Tahoe as described above and much prefer the Tahoe. The extra $$ for the luxury options are not worth the price, and they depreciate rapidly, IMHO.
It may be that the dealer is offering you above market on your Jeep - you might want to check out what it is really worth in your area (Edmunds TMV, Kelly Blue Book, Black Book, etc.)
Good Luck, and let us know what you decide.
#2922 of 6471 $27 - $28 for trade-in
Oct 01, 2002 (6:35 am)
is HIGH. If they indeed give you that I wouldn't expect any discount on the 2003. No Dealers around here (TX) are giving anywhere near any of the "Books" for trade. About $1500 below what Edmunds lists as trade-in seems to be what they are offering here.
#2923 of 6471 mikesl saga
Oct 01, 2002 (7:33 am)
Thanks to all for your good advice. The dealer is saying he's actually selling the 2001 LS Tahoe w/ 34k miles 4x4 for "well below the sticker price" of 28k b/c of the trade-in value he's giving me on my Jeep Cherokee Laredo. He's offered $9500 for it ('96, 67k miles, leather, good condition), which is a bit higher than kelley's or edmunds' tmv, but not a lot. He's saying he's selling it for about $26k when that's factored in.
My reaction: UGHHHHH!!!!! no wonder I've always bought my cars from individuals.
Please keep the advice coming. It's helping out a lot.
#2926 of 6471 txyank1 - $27-$28 does seem high, which is why I am
Oct 01, 2002 (3:51 pm)
ingtrigued by the salesman's guesstimate BUT - did you notice that I said a 2002, not 2001 Tahoe?
Edmunds does not yet list used 2002 Tahoe prices. Kelly Blue Book trade in value for my vehicle is $29,540 - so take off the $1500 "Texas discount" you mention and this is $28K. My trade has less than 3,000 miles (I only drive it back and forth to work) so I think it might bring a premium in its perfect condition. But, who knows, I might have to peddle it myself like I have done with all of my other vehicles.
Oct 01, 2002 (7:15 pm)
I live in Texas. Texas is Tahoe (SUV in general) country and the dealers move tons of them. It's likely they sell them on volumn (more cars at less profit per unit). They're still advertsing 02's in the Sunday paper, and aggressively advertising '03 LS's (probably lightly optioned) just over $29k.
There are pros and cons to selling your trade privately, but buying without a trade eliminates all confusion. Do yourself a favor and sell the Jeep yourself. A no-trade customer sits in the "driver's seat", so to speak.
Oct 01, 2002 (9:09 pm)
Does the 5.3 Flex Fuel engine have any drawbacks when it comes to pulling a trailer?
#2929 of 6471 Texas dealers?
Oct 03, 2002 (5:48 am)
Thanks dardson1. I'm coming to that same conclusion quickly of selling my Jeep myself. Appreciate your insight. I get to Texas periodically. Any dealers you would recommend talking to that are advertising good deals?
#2930 of 6471 finding 2002 Tahoes
Oct 03, 2002 (11:27 am)
I have been looking for a 02 Tahoe and all dealers are also telling me there are none available ( 0% financing for 60 mon). Funny, as soon as they get you in, they try and sell you on an 03 (3.95 interest and much more money). I'm feeling like it is a scam. How can everyone be out of 02's already?