- 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
re: Buying a used vehicle and with trade in question
Posted on 12/19/14 at 9:38 am to mglsu21
Posted on 12/19/14 at 9:38 am to mglsu21
My goal is to not finance more than 20k. One truck is listed at 28,9k. So I will walk away happy if I can get them down 1k and get 8k for my trade in or any variable of this. Im certain I will get low balled on my trade in and be offered 5-6k range so I plan to try and negotiate the new vehicle price to as low as possible. Ill be looking at 3 vehicle on 2 different lots withion 15 miles of each other. I hope to try and make this work in my favor. Ive been roped in before and sat on the lot of a dealership 8 hours while they gave me the runaround hoping ill cave. I plan to have my financing in order and copies of my dl to hand over.
Posted on 12/19/14 at 9:47 am to FelicianaTigerfan
When I bought a car recently, the offers I was getting on a trade maxed out at $4k for a 2007 Camry. They told me it would be going to auction and they couldn't go any higher (multiple dealers said this). At that price, it was giving me about a $350 tax savings if I traded.
I sold the car in 2 days for $7600 cash with maybe an hour of time dedicated to the endeavor. Listed on Craigslist and Autotrader. I'm pretty sure I could have gotten $8k out of it, but I was ready to get it done. If you just like wasting money, more power to you. If the dealer offers what you think is a reasonable price for the trade, go for it. My experience tells me they won't come close, and the tax benefit will not be enough to cover the difference.
I sold the car in 2 days for $7600 cash with maybe an hour of time dedicated to the endeavor. Listed on Craigslist and Autotrader. I'm pretty sure I could have gotten $8k out of it, but I was ready to get it done. If you just like wasting money, more power to you. If the dealer offers what you think is a reasonable price for the trade, go for it. My experience tells me they won't come close, and the tax benefit will not be enough to cover the difference.
This post was edited on 12/19/14 at 9:49 am
Popular
Back to top
Follow TigerDroppings for LSU Football News