I bought an 06 GPW and now has 6500 miles. Things have come up and I'm trying to get something that can fit more people/things & probably a baby seat. I went to a Jeep dealer today and he said that he could only offer me $22k on trade-in (well below what I owe). I told him he's crazy and that trade-in blue book for an excellent 05 is $24.5. He proceeds to tell me that since its the Employee Pricing at Jeep, he has to give me the wholesale trade-in. I tell him I will take $27.5k and make a deal with him. He returns and says that they can get a new S2k for that (about $2.5k less than invoice) which I found hard to believe. Any way I can get into a different car without eating bunch of money? Thanks for the help!

 

Sell your car privately rather than trading it in. Put the $$$ in your pocket, not theirs. I'd imagine you could get $28k pretty easily.

 

yeah I figured that would get the most money, but I don't know how long it would take to sell it. I can't have the extra car payment too long.

 

The dealer can only give you auction/wholesale price for your used car. Sometimes it will seem like he's giving you more if he's getting more profit on the car he's selling you.

If he's giving you a low price for the car you're buying, he can't give you more than wholesale on the car he's buying from you.

It may take the dealer some time to sell the used S2000, and the dealer will have to pay some commission to the salesman and some money to the bank for interest on what he pays you for the used car.

If you can afford to sell it yourself, sell it. If you can't, trade it. If you want to make the BEST financial decision, buy and sell less often. Expect to pay commission and profit almost every time you change vehicles.

Am I missing something?

 

you'll lose 8,000 at most.

 

Been smoking crack again?

 

22


I'll give you 23

 

Go to Carmax and see what they'll give you. I've been constantly surprised and pleased by what they've given me for my car's.

You walk in, they appraise it, if you do the deal they hand you a check and you walk out.

You're going to take a hit no matter what. Just accept it. Hopefully, you can get payoff. I think I could get a new one locally for a bit over 30K and that includes a dealer profit so, 27.5 might be a bit low but, not hugely so.

What's payoff? I'd be shooting to get that at least.

 

Don't forget to wear a , dude.

































That's kinda low. Like others have said, if they're selling you a vehicle at a discount, they're looking for a low value on a trade-in. In the end, they're looking to max their profits.

I'd sell it pivately!.

 

burn it....if you have gap insurance

edit: part out some of it before you burn it