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babyaustin725
member
Had anyone traded in a vehicle lately? Experience?
babyaustin725
member
What kind of trade-in value did you get for your car? Was it close to KBB? We are considering trading in James's car for a truck. The internet price on the truck is awesome. The blue book for "fair" value of his car is around $14k, we owe about $7500 on it. Anyone think we can get $10-$13k for trade in? Does anyone have recent experience?
Edit to add: His car is in good condition, but does have some minor body damage. Also, he has done a lot of modifications to it to make it much faster. We don't know if this will benefit or hinder the trade-in value at all.
T-man (07/27/05, 2:52pm, 10 lbs, 2 oz, 22")
My Blog
TTC #2 for a million years: SA normal, CD 23 bloodwork shows nothing amiss, ovulation detected. Next step: ? maybe CD3 bloodwork to check eggs? All out of pocket, so limited IF tests/treatments.
TTC #2 for a million years: SA normal, CD 23 bloodwork shows nothing amiss, ovulation detected. Next step: ? maybe CD3 bloodwork to check eggs? All out of pocket, so limited IF tests/treatments.
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Re: Had anyone traded in a vehicle lately? Experience?
I believe this is the site DH used when we looked at trade in values for our truck a few months ago. We got pretty close to blue book for ours I believe. GL!
We traded in our 2002 Mitsubishi Lancer in June for a 2005 Dodge Grand Caravan. We were able to get $1,000 knocked off the selling price of the van but we got crap for our Lancer compared to KBB. It really isn't considered accurate anymore and few dealerships use it now. We went upside down by about $1,000 between the trade and new car but we got a fabulous rate and had a good experience with the dealership we used.
Car shopping and trading cars is always a tough and exhausting process but you just need to stick to your guns, do some research, and be ready to go elsewhere if need be. We were quoted previously at just $1,000 for our Lancer which is way less than it should be. We came to realize the dealer we were talking with at that time was a prick. Go to a place with good recommendations from friends and family and tell the dealer "My friend bought their whatchya ma jiggy vehicle from here and said (insert good comment here) so I figured I would give you guys a try."
most dealers use https://www.nadaguides.com/ for used car priceing. they will also use current auction prices and availability to see if they will pay a higher price for your trade. If there are lots of that car available and in as good or better condition and miles you will get a lower price.
You can do your research first just buy looking CL for cars by dealer to see the amount on the market. Its best to do your homework before going in and also go to a few different places.
Its the end of the year and they will all be wanting to boost sales before the new year and quarter. Your likely to get a good deal.
Shoot. I was going to recommend CarMax, (I just sold them 2 vehicles back on the east coast) but it looks like they don't have them out here. Are there other huge used car places around here? Sometimes they can give a better deal since they move more inventory, and keep/sell the cars themselves, rather than taking them to auction.
Also, I would definitely second the end of the month thing. Every time I have bought or sold/traded a car I do it on the LAST day of them month, and have always gotten a great deal, like 6-8k off sticker. Ask to see the invoice price, if you push hard, most dealerships will let you take the car for $500 over invoice.
Good luck and let us know how it goes!!!