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Buying New vs. Used Vehicles
121 messages, Last post on Apr 01, 2009 at 6:26 AM
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Replying to: isellhondas (Jan 05, 2008 1:18 pm) |
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Replying to: jeffparker (Jan 05, 2008 11:59 pm) I would be surprised (indeed, shocked) if actual trade value of an 80K '99 Passat exceeded 5K. You might try posting it over on the Real World Trade-in Value thread.
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Replying to: cccompson (Jan 06, 2008 7:46 am)
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Replying to: jeffparker (Jan 06, 2008 8:58 am)
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Replying to: jeffparker (Jan 05, 2008 11:59 pm) KBB numbers are usually high and any reconditioning needs have to be deducted from whatever those numbers are. People tend to be afraid of Volkswagens that are getting up there on miles and for good reason. |
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2 VWs I took on a trade this week, not exactly what you have but should give you the general trade range: 1. 2002 VW Passat GLS with 68k (decent shape, needs a windshield) $5500 2. 2000 VW Jetta GLX with 56k miles (very clean) $3500 Both were well behind KBB trade-in and if I were the customer I would have sold them privately.
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Replying to: greenmax (Jan 06, 2008 6:19 pm) Remember, for the new car or used car dealership, there is more profit per unit in selling a used car, than a new one. And, the salespersons love it too, as there is a higher sales commission on a used car than a new one. Bottom line . . . don't trade it in, sell it yourself. It's not that difficult, especially with all of the online venues today.
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Replying to: colloquor (Jan 07, 2008 7:16 am) There is risk involved in selling your own used cars. Some people feel uncomfortable having strangers come to their door. Also in states that allow a sales tax credit on the value of the trade in, it just might not be worth the time and trouble. |
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Replying to: colloquor (Jan 07, 2008 7:16 am) BTW, I have already sold a car this way in the past - about 2 years ago - sold a used Corolla to a very nice young couple. Went about as smoothly as you could imagine.
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Replying to: exb0 (Jan 06, 2008 9:57 am) Quite honestly, the POS is a nice looking car and looks pretty sporty for a 1999 sedan.
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