Trade in Value
#1
04-21-2011 | 11:45 AM
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From: orlando,fl
Trade in Value
I have a 2004 black G35 sedan sport suspension, 52,xxx miles no after market parts, the only thing that has been changed is that I upgraded the door speakers and added two amps and 2/audio controlers and subwoofer stock radio. What will be a fair trade in value? No digs and dents runs great.
#2
04-21-2011 | 11:58 AM
Walking The Fine Line...
Joined: Feb 2005
Posts: 19,883
Likes: 128
From: The Lounge
Go online and research trade in value for your specifics. Use KBB or the like.
What you actually get will depend on a lot of things so it's really impossible to say.
What are you trading for? Are you paying sticker or getting a discount? New or used purchase?
Dealer attitude and your ability to negotiate will play a huge part, but you can usually get the basic value from KBB and go up or down 10% or so from there for a starting point.
Take BB, add 15% over, and let them wiggle back over to the left. LOL.. Take clean private seller value or average retail and work from there.
You didn't mention if you were 6MT or 5AT.
What you actually get will depend on a lot of things so it's really impossible to say.
What are you trading for? Are you paying sticker or getting a discount? New or used purchase?
Dealer attitude and your ability to negotiate will play a huge part, but you can usually get the basic value from KBB and go up or down 10% or so from there for a starting point.
Take BB, add 15% over, and let them wiggle back over to the left. LOL.. Take clean private seller value or average retail and work from there.
You didn't mention if you were 6MT or 5AT.
#5
04-21-2011 | 12:41 PM
Walking The Fine Line...
Joined: Feb 2005
Posts: 19,883
Likes: 128
From: The Lounge
I'm 47. I've bought a butt ton of cars over the years. The best way I've found is to drive my trade on the lot of the car I'm looking to buy and see what they offer.
Of course they'll lowball you off the mark, but at least you'll be in the ballpark of what they consider reality.
If he offers you 10K you'll know to run for the door. If he offers you 12K you can probably get him to come up to something you consider reasonable, but make sure you watch the asking price of the new car at the same time.
A salesman will give you $14K for your car to make you feel good and then roll $$ into your new ride. Just watch the numbers on both sides and you should be able to come up with a fair deal.
Also useful to see what they're selling for in your area. I based my $14.5K on my zip code up here in WA state. Looking at the used car ads in your area might give you some steerage too.
Good luck!
Of course they'll lowball you off the mark, but at least you'll be in the ballpark of what they consider reality.
If he offers you 10K you'll know to run for the door. If he offers you 12K you can probably get him to come up to something you consider reasonable, but make sure you watch the asking price of the new car at the same time.
A salesman will give you $14K for your car to make you feel good and then roll $$ into your new ride. Just watch the numbers on both sides and you should be able to come up with a fair deal.
Also useful to see what they're selling for in your area. I based my $14.5K on my zip code up here in WA state. Looking at the used car ads in your area might give you some steerage too.
Good luck!
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