Been talking to the local Honda dealer. I'm real dissapointed in the trade-in value of my RX8. I offered them 4% over envoice on the Honda and wanted only the average trade-in value per NADA, which is $23,200 for a 6 speed RX8 w/sport package in this area. They countered with $21K and 4% and wouldn't budge. They claim this is what the car will get at "the market". Since when do dealers take near new cars to market? My old 1970 240Z I could understand auctioning off, but an 04 RX8?!?!?!?

It really comes down to the difference between what I'll give for theirs and what they'll give for mine. Was 4% to high? Should I have countered with 2% and $21K?

I'm still driving the '8.

 

Have you tried to sell your car privately. Also you might want to consider buying s2000 from a private owner. Than you have a idea on how the car was taking care of. Good Luck finding one. I bought mine from the auto trader.

 

I think 4% is probably about right for this time of the year. I think the sticking point is the trade-in: you'll generally get worse trade-in value when you go to a dealership that won't sell the car themselves. If you were trading in a used Honda, you'd get a better deal.

 

Got more for my Prelude and Integra from selling private party than going to the dealer.

Got a decent deal on my '02 S2K buying from a private party as well.

 

If you don't want to sell your car privately, start going around to other Honda dealerships. With that said, I'd try selling the 8 privately, its a fairly new car so demaind should be hig (hopefully).

 

sell it private party and buy my 2003 Silverstone S2000

 

Thanks all for the advice. But, I had to pass on the car. It wasn't due to lack of trying on my part. I called when they didn't call back, I visited and I called again. They wouldn't budge on their low-ball number on the '8. I think they confused my enthusiasm for a fool and where counting on me making an emotional decision versus a smart one. Not gonna happen.

I'm not done with my quest for an S2000. I'm working with a few other dealers. Something will come around.

 

Tried carmax?

 

they probably won't sell the RX8 at that dealer, so they take it to auction, where it will probably fetch the low-end of the trade-in value.

dealers do not take a trade in as a public service. they have to buy the car from you, hold it and sell it....or dump it at auction. Many Honda dealers like selling used Hondas; they probably don't want your '8.

I think NEW 8's with sport can be had for $25K or even less. 92% the price of a new car is way too much to ask. $21K was probably fair.

 

Sell it private, i got $3k more for my used car when i sold it a year ago, but that's because the s14 became very popular in the 'drifting' scene and mine was in excellent condition. Good luck.