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Trade-in Value Question

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Old Jan 9, 2004 | 08:57 PM
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positron
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Trade-in Value Question

I am buying a 2004 F-150 and offloading a 2000 Ford Ranger XLT.
when I ordered it I tryed to get the best trade-in price,since it only has 30000 miles on it. I thought I went there armed. I had the Kelly Blue Book numbers and the NADA numbers and the edmunds numbers for my truck.
the dealer gave me about 2,000 dollars less and said he goes off the Gaines blue book.

long story short , I had to order the truck, so he tells me I have to initial the option to re-evaluate the trade-in when the truck comes in.

So I am wondering does anyone know where I can find this "Gaines" blue book and purchase it .
 
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Old Jan 9, 2004 | 09:32 PM
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03f150man
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using Google search engine,no returns on "gaines blue book" or "gaines automobile". I'd tell the guy to show me the so called gaines book(not the numbers but to at least show the book to verify its existence) , or better yet go to another dealer. Maybe the so-called "gaines book " is another term for the salesman's "gain". The Best defense is go to another dealer.
 
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Old Jan 9, 2004 | 11:01 PM
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Don't let this salesperson take you for a ride.

There's plenty of other dealers out there. I'd be backing up from ths deal real quickly.
 
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Old Jan 10, 2004 | 08:49 AM
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1956MarkII
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Re: Trade-in Value Question

Originally posted by positron
...So I am wondering does anyone know where I can find this "Gaines" blue book and purchase it...
Your salesman is probably mis-pronouncing the "GALVES" price guide, which is definitely the "book of choice" for dealers when it comes to trade-ins. They will consistently have the LOWEST values, especially if the vehicle has higher-than-average miles.

Regardless of which book a dealer uses, you have to remember that your trade-in value at any one dealership is based on their OPINION of your truck. 5 different dealers can look at your truck and come up with 5 vastly different values. One dealer may have nothing like yours in stock, with several customers looking for your very truck. That dealers' valuation is certainly going to be different from one that already has 10 just like yours on his lot, and can't sell the ones he has. You can always try to sell yours outright, and if you do, you'll want to re-negotiate the price of the new truck if your trade-in is based against the sticker price of the new one.
 
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Old Jan 11, 2004 | 06:21 AM
  #5  
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thanks guys. I am going to get the galves book and start from there .
 
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