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opinion on trade value

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Old Oct 2, 2002 | 02:31 PM
  #1  
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Default opinion on trade value

I own a red '01 with oem front and rear spoilers. It has 5500 miles on it and no other mods to speak of. I can trade for a white/red '02 with 200 miles on it. The '02 will have the same spoilers. The trade difference is $4090. I bought the '01 in March and it had 980 miles and had been certified, so I'll get an extra year of bumper to bumper plus the 100k on powertrain. Are the few changes to '02 worth the $4000 plus the fact that it is a new car? Thoughts and opinions will be appreciated!

Thanks,
Scott
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Old Oct 2, 2002 | 02:39 PM
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With the info you have given, I would have to say it is worth it. You get the glass rear window and the better stereo, plus (like you said) it is a new car. Good luck.
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Old Oct 4, 2002 | 08:51 PM
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Try to talk them down to at least 3000-3500. I know you could do it . and if I were you I would do it. Before you trade in your old car, have fun with it just dont break it
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Old Oct 4, 2002 | 10:17 PM
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Write em a check for $3500 and close the deal. SWEET
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Old Oct 5, 2002 | 07:04 AM
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I'd say the biggest reason to trade would be if you prefer the white to the red...

$4K does seem reasonable for a year newer car, less mileage, glass rear window, longer warranty.

Wholesalers usually figuire a 1% reduction in price per 1,000 miles (under invoice) for a new model year car, so that would justify the $4K right there...
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Old Oct 5, 2002 | 09:29 AM
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I would do $3500 for the trade. I have a red '01 with 8200 miles. If you don't do it I will. Don't you have to pay taxes in the new car too?
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Old Oct 5, 2002 | 11:58 AM
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If you prefer the white to red then definatly make the deal.
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