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Decisions, HELP!!!

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Old Jan 3, 2009 | 12:48 PM
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Cool Decisions, HELP!!!

I went to the Ford dealer to look at getting an 08 KR, or a new 09 FX4 since my 08 Lariat engine blew up on me, and they replaced it, but it had leaks and other issues. The Ford dealer offered me ELEVEN THOUSAND DOLLARS for my 2008 LOADED Lariat, which is paid off. I asked the guy in the booth if he was serious, or was trying to “bargain”. He told me that was the best they could do. I told him to “urinate” off, and left.


On the way home, I passed by a Nissan dealer just to look since I haven't seen a Titan up close. I looked at a loaded Pro 4X, in “Smoke” with 317hp, and 385lb/ft of torque. It also has DVD, NAV, Leather, Bedliner, Tow Mirrors, and all the other stuff that an 09 FX4 has. It was 42k, but after dealer incentives, it is 39k. They also offer 1.9% financing if I go that route.


The kicker is, they offered me THIRTY THOUSAND DOLLARS for my truck. I haven't pulled the trigger yet, but I may be leaving soon and joining the “Shift” nation.


WTH is Ford thinking with their interest rates? Better yet, WTH is the dealership thinking? I can own that Nissan for $9,000.00! Hell, I was going to give Ford my truck, and figured I'd spend 10-15k for the 09. I'd owe 30k plus if I go that route.


I'm thinking. What do you guys think? Is the Titan any good? It seems pretty damn quick, and rides pretty good.
 
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Old Jan 3, 2009 | 12:58 PM
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go with the deal that seems best

The Titan/Armada is ranked by JD Powers as the least reliable truck from the 05-08 models (so every yr model since introduction)...haven't looked at the 09 reviews yet. Also, they look funny to me unless lifted with big tires


On a positive side, one of the major car magazines (Motor Trend I think) did some HP testing, and the Titan is the only consistent truck of them all on the dyno pulls.




IMO, the Nissan dealership has their truck way overpriced if they're willing to give you $30k for your truck. They won't be able to sell your 08 for over $20,000 most likely...so something is up.


I personally will never own an Import Brand again. Personal preference. They just keep giving me issues, and the quality everybody talks about doesn't exist. I'd rather own a domestic brand.




Still think your best option is to keep the current truck and let them fix the exhaust leak. You've got a brand new motor, and what 8,000 miles? Just enjoy the ride. Wait until the 2010/2011 Raptor with 6.2 comes out and then hop trucks (that's my plan)
 
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Old Jan 3, 2009 | 01:00 PM
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My brother had a titan and liked it.
 
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Old Jan 3, 2009 | 01:04 PM
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Originally Posted by tylus
go with the deal that seems best

The Titan/Armada is ranked by JD Powers as the least reliable truck from the 05-08 models (so every yr model since introduction)...haven't looked at the 09 reviews yet. Also, they look funny to me unless lifted with big tires


On a positive side, one of the major car magazines (Motor Trend I think) did some HP testing, and the Titan is the only consistent truck of them all on the dyno pulls.




IMO, the Nissan dealership has their truck way overpriced if they're willing to give you $30k for your truck. They won't be able to sell your 08 for over $20,000 most likely...so something is up.


I personally will never own an Import Brand again. Personal preference. They just keep giving me issues, and the quality everybody talks about doesn't exist. I'd rather own a domestic brand.




Still think your best option is to keep the current truck and let them fix the exhaust leak. You've got a brand new motor, and what 8,000 miles? Just enjoy the ride. Wait until the 2010/2011 Raptor with 6.2 comes out and then hop trucks (that's my plan)
Dammit. Here comes Tylus using LOGIC of all things...(sarcasm) I'm a very impulsive buyer, and it kills me somethimes, but I get what I want. I used to love my Lariat, but now it seems extremely used since they replaced the engine, and gave me an older one with 2-piece plugs that break off from time to time.

My truck was pristine, except for the scratches in my bedliner from hauling stuff. (I use it) It kills me that the engine blew.

I had no idea the Nissan didn;t rank well. Should have read up on it I guess.
 
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Old Jan 3, 2009 | 01:09 PM
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Originally Posted by ChargersFanInCO
Dammit. Here comes Tylus using LOGIC of all things...(sarcasm)
I've been listening to self-help tapes
 
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Old Jan 3, 2009 | 01:20 PM
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I read the reviews on the Titan, and it's not as nice as the F150. The one I looked at was NIIIIICE though. I wish I could drive it around for a day 2-300 miles, instead of around the block. Decisions, Decisions...
 
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Old Jan 3, 2009 | 01:31 PM
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have you tried another dealer?

didn't think about it, but that dealer knows your truck story. another dealer may not pull an OASIS report

then your trade-in might be in the $20,000 range where it belongs (according to KBB)
 
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Old Jan 3, 2009 | 02:59 PM
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Originally Posted by tylus
have you tried another dealer?

didn't think about it, but that dealer knows your truck story. another dealer may not pull an OASIS report

then your trade-in might be in the $20,000 range where it belongs (according to KBB)
I didn't go to another dealer, no. Why would the dealer gyp me when THEY were the ones who replaced the engine with a BRAND NEW one, using THEIR "World-Class, Ford Certified" mechanics? Everything was supposed to have been fixed. (Up here in Colorado they don't use KBB. They use NADA)

I just got back from the Nissan dealer. They called, so I went and talked. I can get that Titan Pro-4X for my truck, and $8300.00 cash. They've simply been wanting to sell it. They ordered one loaded out one and it hasn't generated as much interest as the other models/packages they've been selling. Lots of lookers, but no buyers. They feel if it gets out on the street and more people see it, that might generate more interest in it. (Note: I don't see many Titan's up here, PERIOD. Just lots of F150's, Tundras and Dodge's)

I just don't get it.
 
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Old Jan 3, 2009 | 03:37 PM
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Keep in mind that since you don't see many nissans...when it comes time to get rid of that one, you'll have a much harder time selling it. I think its time to visit a new dealership, i was just offered 22,000 for my loaded lariat which is an 07 with 36,000 miles from a local dealership on trade.....your dealer is taking you for a ride....


But on the otherside, i think you're making a bad decision about getting rid of it anyhow....it is a new motor, not even a rebuild, and I see no reason why you'd need to get rid of it, would you buy a new house if the furnace went out?? would you have a knee replacement if you spained it???? Ford techs (and most other brands techs) are generally very good, and its what they do for a living, i'd be peachy happy that they replaced it rather than rebuilt it....I see no reason for replacing the whole truck.....
 
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Old Jan 3, 2009 | 03:37 PM
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Originally Posted by ChargersFanInCO
I didn't go to another dealer, no. Why would the dealer gyp me

I just got back from the Nissan dealer. They called, so I went and talked. I can get that Titan Pro-4X for my truck, and $8300.00 cash. They've simply been wanting to sell it.
that's the way the world goes 'round, and how the Stealership almost always wins


btw, I got bored and built a 09 Titan 4x loaded. Sticker price was $41,000 roughly


still sounds like you would be taking a huge loss IMO. for a truck that has been sitting on the lot forever, $38,000 is alot of money...and they'll still have to ditch your truck.


if a deal sounds too good, it usually is.

You paid what for you 08 F-150? about $35,000? sounds like you paid cash...and now they'll "give you" $30,000 + another $8,300...so you're going to lose out roughly $13,000 dollars to swap trucks. I've seen worse deals here, but man, that's alot of money thrown away
 
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Old Jan 3, 2009 | 04:13 PM
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I paid 36 cash with a 42 MSRP for the Lariat. GOD that dealership has me torqued!! I have bought so many cars from them over the years.
 
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Old Jan 3, 2009 | 06:36 PM
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Keep the Ford, not bashing the Titan but I looked long and hard at it several times and the horse power was the only plus it had. Titan is also thirsty. Your money but just does not seem worth the cost IMHO
 
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Old Jan 4, 2009 | 12:23 PM
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Maybe I am off-base here, but any new vehicle sales transaction really needs to be broken down into roughly four distinct AND SEPARATE negotiations.
  1. Purchase price of the new vehicle - In my opinion, the starting point for any new vehicle should be the invoice price...not the window sticker (MSRP). No exceptions. If you ask for it, most dealerships will give you a copy of the worksheet that shows the vehicle's MSRP & invoice prices, as they will still make a profit off of a vehicle sold at invoice price. The most important thing in this step is to stay on track. Only discuss the actual purchase price of the new vehicle. Do NOT include trade-in valuation. Do NOT include any manufacturer's rebates or incentives, as these incentives are guaranteed by the vehicle manufacturer. Dealer's often create confusion by swarming you with numbers that make the deal more attractive than it really is.
  2. Trade-in value - If you are trading a vehicle in for the new vehicle, the trade-in vehicle's value is every bit as negotiable as the new vehicle's price. Do your research. Check Kelly Blue Book & NADA values for your vehicle, and be honest about mileage, options, and condition.
  3. Dealer installed options - Items like remote start, tonneau covers, running boards, undercoating, bed liners (removable & spray-in), and other dealer installedoptions are all subject to some bartering. Some of these include labor costs which the dealership could in all actuality not pass on to you. They are, after all, already employing the person(s) that will install many of those products.
  4. Extended warranty & service/maintenance plans - Most dealerships like to act like the pricing for these plans are set in stone, but that is definitely not the case. Proof in point: by the time that I had purchased a maintenance plan for my '06 F-250 (w/6.0L Powerstroke), the negotiated plan price was less thanI could have bought just the filters & fluids for, if I were doing the maintenance myself. However, the initial plan quote was about twice what the fluids & filters would have costed.
Your "preferred" Ford dealership may have only offered you $11K for trade-in, but there is no indication that you had started working a deal with them. That dealership may have offered you invoice price on the new vehicle without any arguing, and then come up considerably on the trade-in value. There really is no telling how flexible they are until you start those discussions.

Conversely, a trip to Nissan's website shows that Crew Cab Titans are eligible for a cash back bonus $5,000 for 2009s or $5,500 for 2008s AND 0% interest financing ("for well-qualified buyers"). Going from a sticker price (MSRP) of about $42,000, that would put the purchase price down around $37,000....which is already lower than the $39,000 offer they started with.

But, this is looking at MSRP which is a major violation of step #1 up above. In building & pricing one over on Edmunds website, a roughly $42,000 Titan has an invoice of about $37,000. If we pull the $5,000 (cash rebate for 2009 model) from that, we are down around $32,000 for a more realistic purchase price on that Titan.

That being the case, the deal takes on a different light. If the Nissan dealership sells you the Titan for $39,000 and gives you $30,000 for your trade-in, they are simply playing a number shuffling game. Rather than sell the new vehicle for invoice minus incentives, they are sticking you with the much higher sticker price (a.k.a. MSRP) minus incentives. The extra money that they are offering for the trade-in is offset by the overly high purchase price for the Titan.

I strongly suspect that if you started working them over on the purchase price for the Titan that they would lower it, but they would quickly retract their $30,000 offer for your trade-in.



I cannot fault dealerships for their tactics. They are, after all, a business. Their number one goal is to run in the proverbial black. But, I do hate to play the game of see-saw....raise one value while lowering the other OR vice versa.


Regardless of how it works out, I hope you get a deal that you are happy with.
 
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Old Jan 4, 2009 | 12:35 PM
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Originally Posted by Deluxe05
Your "preferred" Ford dealership may have only offered you $11K for trade-in, but there is no indication that you had started working a deal with them. That dealership may have offered you invoice price on the new vehicle without any arguing, and then come up considerably on the trade-in value. There really is no telling how flexible they are until you start those discussions.

Conversely, a trip to Nissan's website shows that Crew Cab Titans are eligible for a cash back bonus $5,000 for 2009s or $5,500 for 2008s AND 0% interest financing ("for well-qualified buyers"). Going from a sticker price (MSRP) of about $42,000, that would put the purchase price down around $37,000....which is already lower than the $39,000 offer they started with.

But, this is looking at MSRP which is a major violation of step #1 up above. In building & pricing one over on Edmunds website, a roughly $42,000 Titan has an invoice of about $37,000. If we pull the $5,000 (cash rebate for 2009 model) from that, we are down around $32,000 for a more realistic purchase price on that Titan.

Yes, I know the numbers. I also know that 30k - 11k = 19k which is a LOT different than the 5k above invoice they may have been charging after rebates. I could have walked out of there with that Titan for 8300 bucks.

The dealership said 11k was as high as they could go on my truck. Period. When I asked the booth jockey if he was serious, he said yes.

By NADA my truck is worth 24,850, and can retail for $28,300. NADA is the only book Colorado is authourized to use when appraising vehicles. Don't ask me why, but I know it to be true. No KBB here. Big difference between 24850 and 11000.

Rough
Trade-In Average
Trade-In Clean
Trade-In Clean
Retail
Base Price $20,000 $21,675 $23,050 $26,400
Mileage - 8,800 miles $1,125 $1,125 $1,125 $1,125
Options

Leather Seats $ 0 $ 0 $ 0 $ 0
Aluminum/Alloy Wheels $ 0 $ 0 $ 0 $ 0
Fixed Running Boards $150 $150 $150 $175
Bed Liner $100 $100 $100 $125
Audiophile Stereo System $425 $425 $425 $475
TOTAL PRICE $21,800 $23,475 $24,850 $28,300
 
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Old Jan 4, 2009 | 01:20 PM
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Originally Posted by ChargersFanInCO
The dealership said 11k was as high as they could go on my truck. Period. When I asked the booth jockey if he was serious, he said yes.
that is because they know the history of the truck...and will have to disclose it. even though it's a new motor, they'll lose money since it's been replaced.


try a different dealership.
Originally Posted by Deluxe05
I strongly suspect that if you started working them over on the purchase price for the Titan that they would lower it, but they would quickly retract their $30,000 offer for your trade-in.



I cannot fault dealerships for their tactics. They are, after all, a business. Their number one goal is to run in the proverbial black. But, I do hate to play the game of see-saw....raise one value while lowering the other OR vice versa.


Regardless of how it works out, I hope you get a deal that you are happy with.
thanks for putting to words what I was trying to. I couldn't articulate it
 
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