Trade-in value?!
#1
Trade-in value?!
Ok, I bought my 2001 last week, and I knew before I bought the 2001 that I would want to trade it in for a 2002, so I only got the basic warranty (3 year.) So my question is, how much do you guys think I will get for the trade-in? I'm expecting within the next 5 months I will have aprox. 3-4,000 miles. I bought the truck cash up front, so I'm guessing that will help with dealership trade-in. give me some feedback guys!! Think I'll be paying more then $1-2k for the 2002 after the trade-in? Or would I be better off just selling it in the classifieds?!
#4
StrikesTwice-
I recently traded in my 2000 L for a 2001 L. The dealer gave me $25k for the 2000 and I got the 2001 for $32,640 (MSRP) + sales tax, etc.... That is not the worst of it, I had about $5k in upgrades on the 2000. The bottom line...... it ended up costing me about $15k. You would be better off selling it in the classifieds -and- try to get the x-plan for the 2001.
Dave
I recently traded in my 2000 L for a 2001 L. The dealer gave me $25k for the 2000 and I got the 2001 for $32,640 (MSRP) + sales tax, etc.... That is not the worst of it, I had about $5k in upgrades on the 2000. The bottom line...... it ended up costing me about $15k. You would be better off selling it in the classifieds -and- try to get the x-plan for the 2001.
Dave
#6
#7
Trending Topics
#8
I traded my 2000L with 21,700+ miles and my dealer gave me $25,000. He said he could use it cause there aren't that many used Lightnings on dealer used car lots.
He then turned around and sold me my 2001L for $30,000 minus my $400.00 college rebate. I don't know about other States but in Florida you ONLY pay tax on the trade in difference. So I only paid 6% on $5,000.
I think I came out OK. I did leave the Muffler and HiFlow cats on my 2000L. But I got to keep my Pro-M and my Chips.
2001 Silver Lightning
1994 Indy Pace Car COBRA
1993 Teal COBRA
He then turned around and sold me my 2001L for $30,000 minus my $400.00 college rebate. I don't know about other States but in Florida you ONLY pay tax on the trade in difference. So I only paid 6% on $5,000.
I think I came out OK. I did leave the Muffler and HiFlow cats on my 2000L. But I got to keep my Pro-M and my Chips.
2001 Silver Lightning
1994 Indy Pace Car COBRA
1993 Teal COBRA
Last edited by poweredbySVT; 09-12-2001 at 04:08 PM.
#9
#10
trading in a 27K vehicle will save you allot of Tax money!
probably about 2grand and more.
I would trade it in, but make sure you go into another dealership and get a good price first, then tell them you got a trad in.
either way a dealership is going to rape you if they want to. thats if you want the truck bad enough. My dad has owned allot of dealerships so I'm used to the games and I love it! he's funny to go buy a car with. the one time I went with my mother to go buy a new sebring JXI, car was perfect and loaded. sticker was like 29K on it and the guy sayd we can sell it for 28K and thats it. My Mom just looked at this guy and basically told him where to get off. Her favorite line is "my ex husband owned allot of car dealership buddy I know how this works, so don't make me go to another dealer with your price an get the car cheaper.
HAHAHA the guy just looks at her, HAHAHA
thats what we always do, just pick out 3 dealers and go back and forth all day getting cheaper prices on the back of that buisness card. Remember to alwasy snag a few cards so you can write down a different number to play with also. you know that guys got room to play, so juct cut a little more out and get to the end of the chase faster!
probably about 2grand and more.
I would trade it in, but make sure you go into another dealership and get a good price first, then tell them you got a trad in.
either way a dealership is going to rape you if they want to. thats if you want the truck bad enough. My dad has owned allot of dealerships so I'm used to the games and I love it! he's funny to go buy a car with. the one time I went with my mother to go buy a new sebring JXI, car was perfect and loaded. sticker was like 29K on it and the guy sayd we can sell it for 28K and thats it. My Mom just looked at this guy and basically told him where to get off. Her favorite line is "my ex husband owned allot of car dealership buddy I know how this works, so don't make me go to another dealer with your price an get the car cheaper.
HAHAHA the guy just looks at her, HAHAHA
thats what we always do, just pick out 3 dealers and go back and forth all day getting cheaper prices on the back of that buisness card. Remember to alwasy snag a few cards so you can write down a different number to play with also. you know that guys got room to play, so juct cut a little more out and get to the end of the chase faster!
#11
#13
#14