Trade in Value Resources
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Senior User
Joined: Feb 2003
Posts: 420
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From: Ohio
Trade in Value Resources
What's the best way to get an idea of what a trade in value is for my truck.
Thinking of upgrading to new.
I'm sure now that the stealers aren't making anything on their new inventory, they're probably tring to give you an enema with your trade.
Been to edmunds, kelly, nada sites. All within $750 of wach other.
Any other ideas for information?
Thinking of upgrading to new.
I'm sure now that the stealers aren't making anything on their new inventory, they're probably tring to give you an enema with your trade.
Been to edmunds, kelly, nada sites. All within $750 of wach other.
Any other ideas for information?
Posting Guru
Joined: Dec 2004
Posts: 1,713
Likes: 16
With new trucks selling at wholesale prices, the dealer can't inflate the value of your trade and he has to make money on every vehicle he sells to stay in business so he has to give you wholesale for your trade. Now days you actually see what you get for your trade. In the past you probably didn't get much more, it just felt better.
Think about selling your used truck privately. I always did this until we got hung with the GST on top of our provincial tax. Now we pay a whopping 14 % tax on a new vehicle but we only pay it on the difference so now I always trade in and I focus on the difference I pay. Good luck getting the best deal you can. I have stll done the best when I deal at the end of the day and make those Sales Types work OT.
Nobody likes to work late for no extra pay so if you make them hang around, the very least you do is get their best price sooner than it might take earlier in the day.
Think about selling your used truck privately. I always did this until we got hung with the GST on top of our provincial tax. Now we pay a whopping 14 % tax on a new vehicle but we only pay it on the difference so now I always trade in and I focus on the difference I pay. Good luck getting the best deal you can. I have stll done the best when I deal at the end of the day and make those Sales Types work OT.
Nobody likes to work late for no extra pay so if you make them hang around, the very least you do is get their best price sooner than it might take earlier in the day.
Post Fiend
Joined: Apr 2004
Posts: 19,098
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From: Great State of Texas
Wrench is right. Todays truck market seems to be pretty dynamic right now. KBB, NADA, etc are not able to and never did keep up with wholesale values. Especially regionally. For now, fuel / gas prices seem to be driving the big truck resell market.
In most cases the new truck dealer is calling wholesalers on the spot to get a value for you vehicle. Typically sold to a wholesaler before you ink the paper on your new one.
The Black Book values may be the closest you will get to wholesale. Still a guess though.
In most cases the new truck dealer is calling wholesalers on the spot to get a value for you vehicle. Typically sold to a wholesaler before you ink the paper on your new one.
The Black Book values may be the closest you will get to wholesale. Still a guess though.
Postmaster
Joined: Dec 2003
Posts: 3,130
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From: Massachusetts
If you go up to the new car buyer forum and ask around, I read up there that the KBB and Edmunds and running $1000 to high. If you are trading in the truck in your sig., you are going to take a hit.
Senior User
Joined: Sep 2005
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Keep in mind as well that there is no phone number to call at Edmunds or KKB to buy your truck at the price they say it is worth. The truck market has crashed recently on the retail end unless it is diesel because of gas prices. Selling outright is the best way to get more $$$ but can be a hassle. Most dealers are looking at rough book for trade in for full size trucks and SUV's. Sucks, but that is how it is right now. I would hang tight till it closer to winter ( if it snows where you are) 4x4 values should go back up then.
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Senior User
Joined: Feb 2003
Posts: 420
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From: Ohio
Thanks
All great advice. I have the luck of having a good dealer that I have been dealing with for a while.
I'm still undecided... kinda on the fence.
I'll have to see how I feel. I have nothing to lose hanging on to mine (sig), as I do love it. Just itching for something new (immature, I know)
I'm still undecided... kinda on the fence.
I'll have to see how I feel. I have nothing to lose hanging on to mine (sig), as I do love it. Just itching for something new (immature, I know)
