I traded my 01 lightning last summer with 1200 miles on it and it was 2 months old. I traded it even for a 2001 lariat supercrew (green one in my photo album) . My A plan cost on the supercrew was 24000. So i guess i took 24000 for my 01 , 2 months old with 1200 miles on it.

(or you could look at it as getting 32000 for it retail to retail.)

 

When I thought about moving up to an '01 in Sept of '01, the highes offer I got on my perfect '00 which was exactly one year old was about $17,000.

I laughed at him and left.

 

It might take a little more time but try to sell it yourself. Remember that if the interest rates are real low because of the economy, your truck will depreciate alot with the going rate.

 

That would be my suggestion. Retail is always higher than trade in.

 

Yea, but the problem is, most people buying something in this price range have a trade they need to get rid of, or dont know how to go to a bank and get the financing themselves. I have several times tried to sell a new truck that was in the $20-30K range, and everytime i ended up selling it wholesale (or trade in value) back to the dealership that i work at. It may just be the people around here, but most people would rather go to dealership where they can just ask what a payment will be and sign and drive, than figure out how to get it financed themselves.

Heck, ive got my girlfriends 98 contour in the yard for sale for $5500 and people look, ask questions and test drive it, but havent bought it yet. In the meantime, we have sold 3 or 4 contours like it where i work for substantially more money.

 

In my town a used car dealer just sold a 2000 L with 26,000 miles on it for $25,500 then you gotta include 6% tax here in GA Ummmm so I would say their trying to rip you a new one! That's my .02 cents



Eric

 

 

Bob, I tell ya...

 

they'll end up giving you the deal you want. I bought a 99 F150 last year for 13700 and i got 13500 trade in on my 99 F250 Superduty. I only lost 200 plus tax, title, license fee's and i drove it for a year and pulled a trailer and added 12000 miles to it. Not bad huh?

Stand firm, there are tons of dealers out there, and their the one's working for the sale. Tell them to earn their 3 grand one one sale from someone else. You'll let them make a living, by turning a vehicle and see what they say. Give them only so much time, then walk, tell them to call you when they are serious about making a deal. In the mean time, your visiting other dealerships...


BEST OF LUCK

 

Got $25,000 trade for my '99 Black with 16,800 miles and original tires. It was in perfect shape and worth it. Dealer sold it in two hours for $26,900. I drove away in my new True Blue without the hassle of selling it on my own. You need at least 2K more!

adp

 

I would think it is not to bad maybe a grand off on the low side. I look on the web sites and they all list the Lightning way to high trade in values on a 2001 as high as 29k that is just nuts. I got my 02 for less than 29 brand new. I also think you should concider what your states sales taxe is here in NJ it is 6% so 23,500 is really 24,900 because they cant tax you on the trade in value on the new purchase and believe me all dealers acct. for this even though you paid the tax intially your getting a credit on the new truck. So don't shoot me but I think it is close to fair look how many people pay X-plan (like me) if you did you only lost like 5k in 2 yrs not to bad on a performance car IMO

Good Luck
Slick

 

Where I live the lot down the street from my house has a 00 silver L for $29995.
I think it is to much.

 

Most everybody thinks its a rip off but I dont see them knocking down your door to "steal" it........

Something is only worth what someone will pay.Numbers are just that.If you knew of another dealer would give you more you would be there already and not asking questions here right?....

Some of you remind me alot of the basic "consumer"

ACTUAL CASH VALUE doesnt vary except by location and season.Most dealers will give you fair market value because they know what the next guy will give you.

 

The L as are all cars have depreciated a ton since the sept attacks. Last year ford was selling L's at 0% financing. Even now the dealers will not give you as much for your ride because of low rates and abnormally high used car #'s. A person will get more from selling the L himself because many variables could affect sale price in the sellers favor.
GOOD LUCK

 

well, i got $26000 for my '00 L perfect condition with 27000 miles on trade. Bit north of Dallas like Kyle....only diff. being the price of the new one. don't know if what they are offering on that new truck is a variable...but with such a high trade in i had....i paid $32 for my new '02 L...least that's the way the paperwork read....i'm sure they just adjusted all on my trade to make me happy, rather than comin off the sticker of the new one. Either way...i held my ground for what i wanted to put down, how much i wanted my payment to be and how much i wanted for mine....and after some interest adjustments....i got it, so stay tough

funny thing...the lady in finance told me what my payment would be and my apr.....i just told her she was wasting my time., i researched it and checked every scenario. i told her where i wanted my payment....she thought i was nuts when she got within $4 and i still said no....she got it down those $4...amazingly, right after she said she couldn't adjust my apr cuz the banks were closed....she kept on punchin the keys and wow....those rates came down a whole percent....don't listen to the lines they use....research and stick to what you want and think is reasonable