- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Trade in Value on a used car
Posted on 2/23/15 at 9:55 am
Posted on 2/23/15 at 9:55 am
What software do dealerships use to calculate trade in value? Thanks.
14
Posted on 2/23/15 at 9:55 am to Janky
Whatever number is used in all the consumer books minus 15% at least 
Posted on 2/23/15 at 9:56 am to Janky
i think they use kelly blue book for that
Posted on 2/23/15 at 9:56 am to Janky
I don't know, but on my last trade-in (Sept. 2014), the seller actually gave me $100 more than what I asked for on my old car.
Posted on 2/23/15 at 9:57 am to TigerPanzer
check kellys. It was pretty dead on for my truck trade in last year.
Posted on 2/23/15 at 9:58 am to Janky
Some numbnuts walks around the car shaking his head with a scowl on his face.
Then he says:
"Nobody ain't really buying (whatever you are trading) then he offers loan value- 10%.
Good luck!
Then he says:
"Nobody ain't really buying (whatever you are trading) then he offers loan value- 10%.
Good luck!
Posted on 2/23/15 at 9:58 am to TigerPanzer
they got you back somewhere else
Posted on 2/23/15 at 9:58 am to Janky
It used to be NADA book value among other things, but it may have changed.
Posted on 2/23/15 at 10:00 am to Janky
A number of factors.
Books are considered. Nada and Black Book mainly. Check KBB to see what our customers are looking at.
Manheim auction values to see what true wholesale values are.
Also a live market look. I have software that allows me to see what vehicles like the one I'm appraising are selling for online.
Looking at all of those puts all the pieces to the puzzle together.
Books are considered. Nada and Black Book mainly. Check KBB to see what our customers are looking at.
Manheim auction values to see what true wholesale values are.
Also a live market look. I have software that allows me to see what vehicles like the one I'm appraising are selling for online.
Looking at all of those puts all the pieces to the puzzle together.
Posted on 2/23/15 at 10:01 am to Janky
OP, what are you trading?
Posted on 2/23/15 at 10:01 am to Janky
You're better off totaling it.
Posted on 2/23/15 at 10:03 am to KosmoCramer
There's a "black book" value if it's an older car (auction sale prices). It is not available to consumers.
Generally, check all the sites for reference. KBB, NADA, etc. if you negotiate well, you can get that value (actually between dealer trade-in and private party). I've actually had a dealer pull out these printouts. Which was good, because they did not include the correct packages when evaluating.
Generally, check all the sites for reference. KBB, NADA, etc. if you negotiate well, you can get that value (actually between dealer trade-in and private party). I've actually had a dealer pull out these printouts. Which was good, because they did not include the correct packages when evaluating.
Posted on 2/23/15 at 10:09 am to VetteGuy
2011 Tahoe LT 4X4
This post was edited on 2/23/15 at 10:10 am
Posted on 2/23/15 at 10:10 am to Janky
Most of them use a service that give them various book values as well as auction values.
Posted on 2/23/15 at 10:11 am to Janky
whatever one you told them you used, they will tell you they use the other one.
Posted on 2/23/15 at 10:17 am to Geauxld Finger
quote:
whatever one you told them you used, they will tell you they use the other one.
What's even better is they link you to what they supposedly use, and then still come in 15% under the number their program spits out.
Price Leblanc did that to me. Their program gave me a lower number than anywhere else, and then sales guy tried to go way under that. I was like bullshite, you told me you use this, that's the number I'm getting now.
Posted on 2/23/15 at 10:17 am to Janky
NADA or Black Book....not KBB...
Posted on 2/23/15 at 10:22 am to LNCHBOX
quote:
What's even better is they link you to what they supposedly use, and then still come in 15% under the number their program spits out. Price Leblanc did that to me. Their program gave me a lower number than anywhere else, and then sales guy tried to go way under that. I was like bullshite, you told me you use this, that's the number I'm getting now.
This is why I am asking. Dude told me to use NADA and I did. It gave me a number and he proceeds to offer me $3000 less than what his program told me its worth for trade in.
Posted on 2/23/15 at 10:26 am to Janky
That's the game. Then you have to negotiate hard just to get to the supposed value. You feel like you got a good deal, and they make you work for the value.
They bet on the fact that not everyone will fight to get the book value.
They bet on the fact that not everyone will fight to get the book value.
Posted on 2/23/15 at 10:28 am to LNCHBOX
I didn't fight, I walked.
Page 1 of 2
Back to top
Follow TigerDroppings for LSU Football News