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Real-World Trade-In Values

38942 messages,  Last post on Dec 02, 2009 at 6:53 PM

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What is this discussion about? Car Buying

Appraise your car get trade-in, private party, dealer retail values.

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#38768 of 38942 Re: I found my Protege. What price should I pay for it? [steine13] by houstonrice Oct 25, 2009 (7:55 pm)
Replying to: steine13 (Oct 25, 2009 5:16 am) You're absolutely right. I did put a " (sorry) " there in my other posting on cartalk, I missed it here.   And well, I'm absolutely fresh off the boat; but you do understand the situation being made; I was just being honest about what happened.   Cheers,
#38769 of 38942 Re: General question on trades [longislander1] by dtownfb Oct 26, 2009 (7:00 am)
Replying to: longislander1 (Oct 25, 2009 10:05 am) Salesmen make their money off of commission. Basically, if they accept a car that is equal or greater value, they are pushing papers for no commission. Not unless it is a "hot" car that you are trading in that they can sell quickly and make a decent profit, it simply is not worth their time and effort. Replies to this message: lrguy44 (Oct 26, 2009 7:22 am) british_rover (Oct 26, 2009 9:02 am) volvomax (Oct 26, 2009 2:37 pm) dtownfb (Oct 27, 2009 10:36 am)
#38770 of 38942 Re: General question on trades [dtownfb] by lrguy44 Oct 26, 2009 (7:22 am)
Replying to: dtownfb (Oct 26, 2009 7:00 am) That is not true. Many times customers will trade down. The selling price of the "new " car will reflect a profit. If the trade value is greater than the selling price the customer gets a check and the salesman makes a commision.
#38771 of 38942 Re: Trade In Value - 2004 Chevy Silverado LS (2wd Crew Cab) [ejones] by ejones Oct 26, 2009 (7:54 am)
Replying to: ejones (Oct 22, 2009 5:28 pm) Final Update:   Carmax offered $9,000.   I ended up getting $11,200 from the dealer.
#38772 of 38942 Re: General question on trades [dtownfb] by british_rover Oct 26, 2009 (9:02 am)
Replying to: dtownfb (Oct 26, 2009 7:00 am) I have done plenty of deals where the trade was worth more then the new car.   In fact I just did a deal a couple of months ago where the car traded in was worth nearly double the value of the car they bought.   After a job change the customer had to downsize and just couldn't justify a nearly 900 dollar payment anymore. He traded in for a CPO Volvo and got his payment down into the mid 300 range.
#38773 of 38942 Re: 2006 Miata Value [phx1021] by ateixeira Oct 26, 2009 (12:13 pm)
Replying to: phx1021 (Oct 23, 2009 8:07 pm) Keep in mind that Miata prices are VERY seasonal.   I shopped a lot for these last summer, fall, winter, and spring, and saw prices drop in winter and then go down and then back up about $3000 for the same car.   That 06, last year mind you, would have been a $17k car in the summer 2008, but by mid-winter was a $15k car at best, maybe even $13.5k when incentives on new ones peaked in March/April ($5000 rebate on left over 2008s).   When the 08s were gone the prices went back up again, though, and then even higher when the weather got nice. I stopped looking because I decided to buy a new one.   I'll guess that car is priced at around $15k or so given the high-ish miles.   If you wait until the dead of winter, though, maybe January-February, I bet you find a clean one for $14k or less.
#38774 of 38942 Re: 2006 Miata Value [phx1021] by volvomax Oct 26, 2009 (2:31 pm)
Replying to: phx1021 (Oct 23, 2009 8:07 pm) Wholesale is probably $11,000 Should be able to pick it up $14,000
#38775 of 38942 Re: 2003 Nissan Murano SL AWD [mdan1] by volvomax Oct 26, 2009 (2:32 pm)
Replying to: mdan1 (Oct 24, 2009 5:50 am) $7-8,000 on trade.
#38776 of 38942 Re: General question on trades [longislander1] by volvomax Oct 26, 2009 (2:36 pm)
Replying to: longislander1 (Oct 25, 2009 10:05 am) The only question here that matters is how do you KNOW that your car is worth what their car is?   Please don't say because Edmunds says so.   What is probably happening is that dealers know your car isn't worth what you think it is and don't want to deal with that issue. Replies to this message: longislander1 (Oct 27, 2009 1:28 pm) gooddeal2 (Oct 27, 2009 1:51 pm) longislander1 (Oct 27, 2009 2:37 pm) and 7 more... volvomax (Oct 28, 2009 1:21 pm) jayrider (Oct 28, 2009 1:32 pm) and 19 more...
#38777 of 38942 Re: General question on trades [dtownfb] by volvomax Oct 26, 2009 (2:37 pm)
Replying to: dtownfb (Oct 26, 2009 7:00 am) Salesmen make their money off of commission. Basically, if they accept a car that is equal or greater value, they are pushing papers for no commission. Not unless it is a "hot" car that you are trading in that they can sell quickly and make a decent profit, it simply is not worth their time and effort.   100% not true. We aren't talking about wholesaling cars here. Dealer is going to make money selling their car. The issue is whether or not the trade is really worth what the OP thinks it is. Replies to this message: dtownfb (Oct 27, 2009 10:36 am)

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