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stupid question on trade ins

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Old Jun 4, 2006 | 06:50 AM
  #21  
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private sale definetly has a lot of hassle... too many ppl just browsing for the car. i don't blame them though.

but if i posted my tC for sale, they can look at the car all they want, but i don't think i'll let them test drive it until they are fully serious about purchasing my car. and when the test drive expierience is just like driving one off the showroom floor like i told them, then we can make the deal
Old Jun 4, 2006 | 07:00 AM
  #22  
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you can always ask for "prequalified" buyers and ask to see a letter from their bank....but in reality you will get alot of tire kickers unfortunatly.
I would see what the dealer is willing to give you and go from there....
Old Jun 4, 2006 | 02:16 PM
  #23  
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I sold a car privately (2002 WRX). It was a really long process, took like 2 months, tons of people never showing after I left work early to meet them, etc..

In the end, I made 2K more than I would get on trade, but it took over 2 months to sell (so I was paying for it). Really was a wash.

And, when you trade the car in, you save the tax money on the new purchase. So factor that in to your trade value.

Paul G.
Old Jun 4, 2006 | 03:08 PM
  #24  
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I'll just shop around at dealers and see what I can get.
Old Jun 4, 2006 | 07:53 PM
  #25  
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Scion dealer offered me 12k today lol. Appearantly what looks excellent to my friends and I isnt that great to them, plus the 22k miles didnt help. Oh well you guys prepared me for that. I perhaps could have negotiated higher but f*** it its not that serious. Just for yucks I went to Suby dealer cause my friend was with me and he has an 06 WRX (love that thing). The guy is like 'well your year with 9k miles is worth 13700 (he shows me his little book), but we need to deduct for your miles so I'd say like 11900'. Im like thanks and proceed to leave then hes like how much did you want, I just threw out 13k. As I get in my car he runs out and says if I can do 13k will you be interested, we all laugh I'm like call me. Damn shoulda said I wanted 15 then let him beat me down. Oh well......
Old Jun 4, 2006 | 09:08 PM
  #26  
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i would tell him 14500 and see what they say, at this point you will have to negotiate the sale, but get outside fincancing.......as stated then they are sort of locked for that price, but dont tell them you do until you have a locked trade price for your car in writing.......
too bad im not there i would negotiate that sale to benift you, i have purhcased 11 cars in the last 4 years and never been jacked.
Old Jun 5, 2006 | 02:07 AM
  #27  
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If he tells you he can give you 15K, you'll just pay the 2K markup on the Subaru instead of invoice.

The actually numbers dont matter. What matters is the "difference" between the purchase price and the trade value. No what that number has to be, and deal that way.

Trading in a newer car with high mileage will never really pay off to be honest. You have 1.5 yrs with of mileage on your car, and typically new car depreciate about 5K in the first year.

Hold onto it for a year more or so and things will level out. Toyotas hold their value well (as do Subarus). You just need to use them up, and then sell them when they are 3-4 yrs old with typical mileage.

My last car was a 2001 Subaru Impreza. I purchased it when it was 3 yrs old, it only had 9300 miles on it. I paid $11K for it.

I put 50K miles on it over 2 yrs I owned it. It was 5 yrs old, and I got $6800 for it when I traded it in on the Scion. So it cost me less than $4K to drive that car for 2 yrs and put 50K miles on it.

I saw it for sale on autotrader for $11K, with the mileage I put on it. It was off the website in like 3 days.

Paul G.
Old Jun 5, 2006 | 03:10 AM
  #28  
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tha makes alot of sense paul thanks.
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