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Smart Shopper Real-World Trade-In Values
38945 messages, Last post on Dec 07, 2009 at 7:39 AM
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get trade-in, private party, dealer retail values.
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Replying to: cruster (Oct 03, 2008 8:55 am) The whole truck and SUV market is in for some permanent shrinkage. Maybe you can look into refinancing your truck for a longer term. Although a lot of lenders are cracking down on how much they lend on these vehicles. My best advice is to try and find other areas in your life where you can economize. Look hard enough and I bet you can find a couple hundred dollars a month that you can save elsewhere. |
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Replying to: volvomax (Oct 03, 2008 8:58 am)
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A national television news network would like to speak with consumers with good credit who are having trouble getting approved for an auto loan. If you are interested in speaking to a television reporter, please respond to jwahl edmunds.com with your daytime contact information along with a brief summary of your situation by the end of the day on Friday, October 03.
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Replying to: carguy4362 (Oct 03, 2008 9:29 am) Now, KBB has come down a TON on SUV's, because over the past few months SUV have been trading way below KBB's pricepoints. So, it's possible that KBB is more pessemistic than the market right now. Dealers are going to be VERY cautious about trading for SUV's also. This isn't a time to try and get top dollar for a truck or SUV. |
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Location: Traded in Philadelphia west suburbs Year/Make/Model: 1998 Lexus ES 300 Body Style: 4 dr sedan Engine: 6 cyl, auto Driveline: FWD Mileage: 108,000 Color: Gray/gray Major Options: sun roof, 6-disk CD changer, heated leather front seats, heated side mirrors, automatic seats w/ 2 driver memory, full size spare tire, vehicle alarm, safety Condition: Interior in great condition -- some wearing on leather, but mostly near perfect. Exterior has some minor body damage on front bumper and "road rash" on hood. Otherwise in good condition. 4 relatively new - 20% worn Recently passed inspection w/ no issues Only recommended maintenance required at this time is to change transmission fluid Other: Was in one accident that resulted in the replacement of hood, left front quarter panel, and front bumper. I know we got a good price on the vehicle we purchased. The trade in value I was offered initially was $4,000. I got them to come up to $5,000 and then took the offer. They currently have the vehicle listed on their site for $9,999 (which makes me laugh because when I told the sales guy I was sure they could sell it for $7,500 if they cleaned it up, he laughed and said they'd prob just dump it at auction.) Here it is I'm happy with the trade in value. KBB said fair was $3600 and good was $4500. So, should I be happy? Or was I had? |
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Replying to: lizanneh (Oct 03, 2008 11:44 am) |
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Replying to: lizanneh (Oct 03, 2008 11:44 am) Great job getting that trade-in value. What car did you get to replace it? I have the same car exactly as yours, similar color even, at 99,500 miles. Looking at trading it in but a month ago, the radio, which sounds excellent still, suddenly just had its LCD display go blurry. Numbers are garbled and overlap some. This after the check engine light showed up recently. I was so bummed out that getting it fixed might cost so much and not worth doing at all. If I do not get it fixed though, it would significantly reduced its trade-in value. Have you experienced this with your car? Thanks. BM |
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Replying to: carguy4362 (Oct 03, 2008 9:29 am) You can always use the line a Chrysler salesman gave me when I quoted book values some years ago: "Those books don't keep up with used car values. 5 year old Chryslers have been going UP in value lately" If you can keep a straight face this might work. |
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Replying to: newgs (Oct 03, 2008 7:11 pm) Your car is a perfect craigslist candidate and will instantly bring more than any dealer will give you on trade.
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Looking for an up to date wholesale value on the following: 2007 Silverado 1500 2WD Extended Cab WT Standard Bed Options: LS Package, HD Trailering Equipment, Cruise Control, Heavy Duty Suspension 26,000 Miles Location: Southeastern Louisiana Thanks
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