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![locked post](https://www.tigerdroppings.com/images/layout/lock.gif)
Used Car Advice
Posted on 12/21/10 at 7:26 pm
Posted on 12/21/10 at 7:26 pm
I'm looking at a truck that has an asking price of $20,000. I currently have $15,000 cash that I want to use as a down payment and a trade-in worth approximately $4000-4500. Any chance they would cut me a deal and do an even swap to include TTL?
ETA: I'm starting med school soon and I don't want to have a monthly payment as I will not have an income
ETA: I'm starting med school soon and I don't want to have a monthly payment as I will not have an income
This post was edited on 12/21/10 at 7:28 pm
Posted on 12/21/10 at 7:50 pm to strikingoutsince87
I would expect a nice discount to pay in full upfront.
Posted on 12/21/10 at 8:23 pm to strikingoutsince87
Yes. You should have some cash in pocket when you walk away.
Or, buy a cheaper truck and have cash in pocket.
Do not finance anything in your situation.
Or, buy a cheaper truck and have cash in pocket.
Do not finance anything in your situation.
Posted on 12/21/10 at 8:50 pm to strikingoutsince87
quote:
a trade-in worth approximately $4000-4500
Sell your trade-in outright, get them to do an in/out (They do the paperwork just like a trade-in). Some will charge, I sold a Toyota truck and a CR-V, done an in/out, got my Mom a new CR-V for around $350.
Posted on 12/22/10 at 9:23 am to strikingoutsince87
Don't deal w/ a car dealer! you can probably find the same quality truck for the cash you have in hand on craigslist. also easy to sell your vehicle on craigslist. and you walk away w/ $4000 in pocket. I recently bought a nissan frontier off craigslist for $16000 and the same used truck at most dealerships was listed for $20-21K. dealers love for you to come in w/ potential trade-in, that's where they can really make some dough.
Posted on 12/22/10 at 10:05 am to lynxcat
quote:
I would expect a nice discount to pay in full upfront.
why, a check is a check whether it be from a bank or individual.
Posted on 12/22/10 at 10:12 am to strikingoutsince87
You have a trade in that's worth $4000 AND you have $15000 cash AND you are starting med school? DRIVE THE VEHICLE YOU HAVE!
This post was edited on 12/22/10 at 10:16 am
Posted on 12/22/10 at 10:18 am to coloradoBengal
yea, i would wait till you see the finish line before you get a new vehicle.
Posted on 12/22/10 at 11:14 am to coloradoBengal
quote:
You have a trade in that's worth $4000 AND you have $15000 cash AND you are starting med school? DRIVE THE VEHICLE YOU HAVE!
It's a 2001 Tacoma with 190,000 miles on it. I would be moving to Ohio with a truck that doesn't even have a working defrost. Tacomas retain their value well and this truck has other problems so I wouldn't be comfortable selling it to someone outright. It's not going to last 8 more years. So frankly while I would love to keep it, it's just not an option at this point.
Posted on 12/22/10 at 11:30 am to strikingoutsince87
You think a dealer is gonna give you $4K for a 2001 vehicle w/ 190K miles?!!!
Sorry, I had to get that off my chest![](https://images.tigerdroppings.com/Images/Icons/Iconcheers.gif)
![](https://images.tigerdroppings.com/Images/Icons/Iconrotflmao.gif)
Sorry, I had to get that off my chest
![](https://images.tigerdroppings.com/Images/Icons/Iconcheers.gif)
Posted on 12/22/10 at 12:06 pm to rtbtiger
Actually the dealer I saw two days ago was going to give me $4500
Posted on 12/22/10 at 12:14 pm to strikingoutsince87
quote:
Actually the dealer I saw two days ago was going to give me $4500
On a new one?
Posted on 12/22/10 at 12:26 pm to strikingoutsince87
quote:
Actually the dealer I saw two days ago was going to give me $4500
That's my entire point. That dealer knows that's not worth $4500 so they will shift cost around to make you think you are getting a good deal. They know what the bottom line is and can add or subtract price on either vehicle depending on your main priority. God help someone who goes in with a vehicle that is underwater!
Posted on 12/22/10 at 12:34 pm to strikingoutsince87
There is a reason that car dealers rank at the top of the untrustworthy list every year. If you are not in a hurry then look for a private sell vehicle.
buy private vehicle + private sell your vehicle
>>>>>>>>> (money in your pocket)
dealer sell you vehicle + dealer buy your vehicle
buy private vehicle + private sell your vehicle
>>>>>>>>> (money in your pocket)
dealer sell you vehicle + dealer buy your vehicle
Posted on 12/22/10 at 2:45 pm to strikingoutsince87
FWIW I got $5500 on my 1999 Tacoma 140k miles a few months ago. Sell it on craigslist. Very easy. I sold it the same day...cash.
Posted on 12/22/10 at 3:09 pm to strikingoutsince87
You can buy my truck for $15,500 this afternoon if you'd like. Its blue booked at $16,500.
This post was edited on 12/22/10 at 3:10 pm
Posted on 12/22/10 at 7:36 pm to Golfer
I would sell the tacoma- take that money and add about 5-7k of your cash buy another used truck. You can get a solid used truck for the 12k range. Have some nice cash saved up when you are in school. Assuming you are on loans, all the money you spend is going to have 6.8 percent interest on top.
Posted on 12/22/10 at 7:44 pm to saderade
quote:
You can get a solid used truck for the 12k range.
I've got a solid 2006 tundra for sale for $15,500.
![](https://images.tigerdroppings.com/Images/Icons/Iconcheers.gif)
Posted on 12/22/10 at 9:26 pm to Golfer
You can buy a brand new thick for 15k. Stripped down but new.
Posted on 12/22/10 at 9:29 pm to Martini
quote:
You can buy a brand new thick for 15k
Yea, not a crew cab...
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