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Prices Paid: Buying & Leasing Experiences Ford F-Series Prices Paid and Buying Experience
433 messages, Last post on Sep 23, 2009 at 3:32 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hi, I'm interested in this truck: http://tiny.cc/qwf8A This dealer is a credit union who keeps the nice vehicles that get returned from a lease. In some cases the vehicles have been leased twice... My question is, what should I offer them for it? Here is my rationale. 1. the truck has likely been paid for once by the guy who was "fleased" by the lease 2. These vehicles will eventually be sold at auction if the credit union does not sell them 3. These trucks have been depreciated... this one by 5 years... So, what should I offer? What would a truck like this fetch at an auction in Michigan? Do I have any leverage with the bank if I ask them to look at the books and see just what they need to get for it to pay off the residual value? I am looking for some help. I need a truck, dont want to buy new, but want some negotiating power wiht the bank who owns it.. Please reply especially those with this kind of experieince either negotitating to buy or on the banking side of the sales business.. THANKS
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Replying to: redwing_al (Aug 29, 2009 1:37 pm) If you are interested in the auction value of the vehicle, post a description in Real-World Trade-In Values regards, kyfdx |
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| The current 2009 f-150 incentives expire on 10/05. Does Ford normally run better incentives on the current model year as the end of the year gets closer? | |
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In short I got a 2009 Lariat Supercrew Shortbed, two tone, captain chairs, navi, sony, running boards, etc... Sticker MSRP=$45300 Edmunds Inv = $39500 Price Paid = $34200 (includes ford -$4500) I think I good deal, but trying to make my buyers remorse feel better. I get the truck on Thursday. I know I will feel better then : )
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Replying to: jguz (Sep 22, 2009 4:15 pm) "If you live for having it all, what you have is never enough; “enough” is like the horizon − always receding. " if you can afford the truck great, but if you can't you'll soon find that keeping up with neighbors and friends will make you broke like they are. Good luck. it's a helluva commitment if you didnt put a lot down...
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Replying to: redwing_al (Sep 22, 2009 5:42 pm) You drive the car, the $40,000 car around the corner, and park it and instantly the thrill goes away. You find it’s a waste of money. And no matter how big your house is, you can only sit your ass in one seat at a time." just trying to help you back out of the deal before you make a mistake, that's all. 
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Replying to: redwing_al (Sep 23, 2009 10:39 am) I have very good well thought out reasons for everything that came on the truck. I am getting $6K for a 2002 dodge ram that is falling apart. It is not a matter of affording it either, but I don't have nice vehicles just because I carelessly throw my money around. Just got 3.69% financing so it just keeps getting better. Thanks for the look outs.
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Replying to: jguz (Sep 23, 2009 11:40 am) The Honda Odyssey board (my wife's car) is very very active, I wish the F150 board was like this. They have 8-10 posts a day with people buying cars. I would say that I've found the TMV on this site to be off at least a few thousand bucks, but I think the invoice pricing is a pretty accurate figure. Congrats and good luck with your truck! Tampa2 |
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