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SUVs GMC Envoy GMC Envoy: Prices Paid & Buying Experience
129 messages, Last post on Jun 07, 2008 at 12:04 PM
You are in the GMC Envoy Forum. Your Hosts are steve_ & tidester
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Replying to: gmchater2 (Aug 04, 2005 10:25 am) I understand that you're disappointed in the drop in value of your Envoy; however, you will find that with all vehicles, if you trade in within the first two years (if you've financed longer than 36 months), you're going to be heavily upside-down on debt-to-current-value ratio. This is not exclusive to the Envoy, although the vehicle did diminish rather rapidly in value. If you want to get a realistic assessment of what your Envoy is worth as a trade-in or private sale, drop by our Real-World Trade-In Values discussion and post details about the vehicle. kirstie_h Roving Host Host, Future Vehicles & Smart Shopper discussions |
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what he said....HA -KAG |
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Replying to: gmchater2 (Aug 04, 2005 10:25 am) |
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I've found that the blue books that the dealers use, and show to unsuspecting customers, generally depict a number far less than what you would find if you run the KBB Trade-in value directly from Kelly. Try going to their web site and putting in your own vehicle and see what it comes up with. Then print it out and bring it to the dealer and see what they say. My guess is that a 1 year old, $30K Envoy would sell at the dealer for $22K, or to a private party for $20K, and should have a trade-in value of ~$18K. Of course- I don't know your vehicle. And did you pay MSRP for it to begin with? Put in the numbers at kbb.com and let us know how much the dealer lied to you.  True, the Envoy triplets don't hold their value as well as some vehicles, but that's generally pitted againts MSRP rather than selling price. Consequently the Envoy is one of the best priced used cars. Plus- in order to get them off the lot, the dealers have been taking part of the hit up front. The fact that people are walking out the door with $41K Envoy Denali's for low $30's is pretty incredible. What else out there would compare for even close to the same price??? |
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I am sorry to hear that you don't have a good GMC dealer but isn't that your own fault? If you wanted to get $16,500 then you should have told them you were not going to deal unless you got an extra $500 somewhere. ALSO why tell others to not buy an Envoy just because you had a bad experience at your dealer? Where my wife and I bought her Envoy Denali just a few months ago they were very polite and gave us a great deal and fair trade in. If you think GM dealers are bad, try buying at a Honda Dealer  ! Just my thoughts -KAG
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Replying to: kagz71 (Aug 08, 2005 8:18 am) |
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That would be my fault, looked at the wrong title and name at the same time, please except my apology. -KAG |
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Were you motivated to go car- or truck-shopping because of the employee discount deals? If so, a reporter wants to talk with you. Please respond to jfallon  edmunds.com no later than Tuesday, August 9, 2005 with your daytime contact info and a few words about your experience.
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Envoy SLE, 34k list, 26500 after rebates and discount. It has 150 miles on it. Trouble is the knocked my 02' Montana LX which lists as trade in at Kelly's and NADA for $12500-$14000 range the offered 10k and the car is mint with all the leather options. Local supply must be tighter on this vehicle than I thought. |
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Replying to: gmchater2 (Aug 04, 2005 10:25 am) I am actually trading tomorrow for a toyota Sienna and we ended up only getting 11,500 on a trade in from them, still more than what we owe thank goodness. One Toyota dealership told us they would not give us more than 10,000 for the Envoy because they cannot sell used GMC vehicles for very much if at all right now, laughed in their face and walked out. I could have gotten 1,500 more at our friends GM dealership but I am not going back with one right now because of their low trade in value, space issue and gas prices. My Envoy has been great, however, keeping good trade in value is a big issue for us because we trade very often. This will be the first time we have not had an SUV in six years, quite a change! By the way , I did all of the research on the trade in value on this car for the year and 50,000 miles and it came up each time 13,500 so we are not that far off, just glad to get a more family friendly car but I have to say we loved our Envoy!
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