Ok here is my terrible story! I need to sell my S2000 b/c I never get any use
out of it and I need something more useful. So I was thinking that
I could trade my car in for a fairly new but used Avalanche? So Im looking for an
Avalanche and I happened to find one close by on autotrader and
I sent him tons of pics of the car and told him all of the stuff I have done
to it and he called me back in a couple of hours after talking to his boss
and told me he could only give me around 18,000 for it!!! I know my car
has 30,000 miles on it but is that all its worth?? I know it would prob. be better
to part out the car and just sell it myself, but seriously 18,000?? I hope it is
worth more than that or Im goin to be screwed! Please tell me what you think

Thanks AEW

 

Hmmmm I would want to sell it privately if your only going to get 18k from the dealer. Good luck and do some more searching around. 18k to me seems a little low but then again your car is a 2000. Are there any paint chips from stones etc on the front as that can decrease price allot.

 

do you still owe money on your S?? if not, then just sell it privately. even if you sell it yourself for $21K, that's still $3K more. if you really want to know the trade-in value as well as private party value of your vehicle, go to www.kbb.com , type in whatever info they ask for, and you'll get a general idea of what your car is worth...

 

go on edmunds.com and type in all your information and see what it says. They are usually pretty accurate unlike kelly blue book, which is very extreme on both ends... trade in and retail.

 

Yeah, but $18k + A $7000 REBATE = $25k!

Go for it. Obviously, I'm being sarcastic. Like others have stated, selling it yourself is going to be the best avenue. Best of luck with the Avalanche.

 

There is a GIVEN for trade ins, after all the playing with numbers, CAR dealers will NEVER give more than wholesale for a used car. It is just how they do business.

 

Is it modified? Some people wouldn't touch a modified car. I am one of them.

 

The fact that you are buying an Avalanche is very disconcerting.

 

Well, I am not going to debate your chouce of car (although the 2003 avalance without all that ugly plasic would be a MUCH better choice, or of course a Silverado, like mine. ) (OK, mabey I will debate it a little.)

Keep in mind that if you trade-in your car then the price they give you for it is subtracted from the cost of the new car before they calculate sales tax. Here is a demo:

Figure a tax rate of 7.5% (sales tax here.)
Let's say the 'lanche is $25,000, and we will use the dealer's $18K for the S, and guess you owe about $15,500 on the car still.

$25,000-$18,000=$7,000+7.5%=$7525 Then you add in what you still owe on your S ($15,500) That puts you at about $23,000 OTD

Now lets say you do a private sale and get $21K for your S.
$25,000+7.5%=$26,875. Then subtract your profit from your S sale. $5,500 and you are at $21,375 OTD.

Well, the numbers work out a little differently than I expected when I started this. The point is that you need to get more than tax cost back in order for you to make out. In this example it would be the $1875. (Tax on the new car.) So if the dealer is offering you $18,000 you need to get more than $19,875 in order to break even and get a better deal.

One more money in the wrench, you might consider a new car and take the 0% financing.

 

that's why I have both a 4 door 4x4 SUV and the S2000.... best of both worlds.. one I can take into the snow, off road, carry the family and the other for.. well you know what the S2000 is for...