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Smart Shopper Real-World Trade-In Values
38947 messages, Last post on Dec 08, 2009 at 12:48 PM
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get trade-in, private party, dealer retail values.
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Replying to: dtownfb (Oct 26, 2009 7:00 am) |
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Replying to: ejones (Oct 22, 2009 5:28 pm) Carmax offered $9,000. I ended up getting $11,200 from the dealer. |
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Replying to: dtownfb (Oct 26, 2009 7:00 am) 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. |
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Replying to: phx1021 (Oct 23, 2009 8:07 pm) 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. |
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Replying to: phx1021 (Oct 23, 2009 8:07 pm)  $11,000 Should be able to pick it up $14,000
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Replying to: mdan1 (Oct 24, 2009 5:50 am) |
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Replying to: longislander1 (Oct 25, 2009 10:05 am) 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.
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Replying to: dtownfb (Oct 26, 2009 7:00 am) 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.
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Boston, MA 2008 Honda Civic LX 4 Door Automatic Gray 17,000 miles Excellent Condition (no dings, scratches, tires have most tread) All dealer maintenance performed
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We bought a 2009 Pontiac Vibe in Aug. 2008 for just under $20,000. Dec. 26, 2008, it was smashed by another driver who hit it when it was in my mother's driveway. The repair bill was just under $10,000, right at half the purchase price of the new car. We'd driven it 4 months and had 9,000 miles on it. We're trying to get the other driver's insurance to give us a diminished value claim. Is it true, a wrecked car with that much damage can never be a "certified pre-owned vehicle" on the lot of a reputable dealer? Is it true CarMax won't have a repainted car on the lot or at least not one with as extensive damage as our car suffered? We hired a Diminished Value service to estimate our loss, and it was $3,884; but the most the insurance company has offered us is offered us is $1500.
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