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re: Car Guys: Keep, Sell, or Trade

Posted on 10/25/13 at 9:24 pm to
Posted by silstang23
Bossier City, LA
Member since Oct 2007
4957 posts
Posted on 10/25/13 at 9:24 pm to
quote:

Bought it for $26500 Note: ~$375 @ 3%


Did you finance it for more than 5 years?
Posted by Sternocleidomastoid
La Northshore
Member since Apr 2010
214 posts
Posted on 10/25/13 at 10:46 pm to
I keep it until it dies and, post payoff, invest my note until its last breath.

I like $ more than cars.
Posted by LNCHBOX
70448
Member since Jun 2009
84075 posts
Posted on 10/26/13 at 8:54 am to
quote:

We use NADA at the dealership. Reason I said go off of it. Banktec pretty much sets the tone


And do you ever actually give the NADA value to someone? I'm guessing no, unless you keep them at sticker on whatever they're buying.

If you do, what kind of cars do you sell?
Posted by Coach Guidry
Member since Nov 2007
2333 posts
Posted on 10/26/13 at 10:44 am to
Take rough trade in, and take off 1500.00. You have your value.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72613 posts
Posted on 10/26/13 at 1:10 pm to
quote:

Dude spends his entire day arguing about cars, apple products, and used books.


you forgot LSU football and coach miles.
Posted by geauxkw
bayou self
Member since Aug 2008
949 posts
Posted on 10/27/13 at 2:11 am to
We try to stay pretty close. With newer cars thrre isnt a lit of "wiggle" room. We move volume to get get kick backs from manufacturer
Posted by nhassl1
Baton Rouge
Member since Jun 2008
1932 posts
Posted on 10/27/13 at 7:07 am to
No
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