Trade in values
Tuned
Joined: Jul 2003
Posts: 259
Likes: 148
Are you guys getting KBB trade values when you trade though? I checked on trading my 2015 with a couple dealers and they were both about 8-9 thousand under the KBB trade value of 48,000 on a nice clean trade.
One of them car buying websites offered 41k
One of them car buying websites offered 41k
Mountain Pass
Joined: Aug 2021
Posts: 178
Likes: 94
Thats the thing! No matter what KBB says, your truck is only worth what a dealership will give you for it and they’re in the business to make money, not give it away.
Lead Driver
Joined: Dec 2020
Posts: 8,639
Likes: 2,433
Seeing what the dealers are pricing these used trucks at right now it makes the high trade values not too unbelievable. A low mile truck in great condition takes very little investment on the dealers part to get it sold. The dealers are also competing for used inventory with the used car places like, Vroom, Carvana, Carmax. They too are reselling at crazy high prices and in some cases paying good to aquire inventory.
Laughing Gas
Joined: May 2016
Posts: 997
Likes: 262
From: Central New York
From what I have found, KBB is high on the estimates. It helps when negotiating with the dealer but probably optimistic. What trade number is an acceptable amount of profit when you can see what they are charging for very similar trucks on their lot. 5k....10k.
What do you think.
What do you think.
Post Fiend
Joined: Nov 2001
Posts: 6,748
Likes: 118
From: Tallassee, ALabama
I sold my 2015 via Kelly Blue Book to a local dealer. I did the Varoom and Cavana but they low balled the truck and didn't give me any opportunity to add the options the truck had or was added.
I think Varoom was $31K ad KBB was $38.5k. KBB allowed me to select the additional options that came on the truck and the few I added.
I think Varoom was $31K ad KBB was $38.5k. KBB allowed me to select the additional options that came on the truck and the few I added.
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