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Car Forum / Dodge / Dodge Cars / May 2007trade in value on a 2001 GC
I am trying to trade my 2001 GC in on a Toyota Sienna. The dealers will give me a decent discount without a trade in, but will only give me $3000 for my GC. The guides say it is worth $5,000 to $6,000. I am calling it fair condition because it has some scuffs etc. Any explanation for this? I don't want to beat my head against the wall if it is only worth $3000 > I am trying to trade my 2001 GC in on a Toyota Sienna. > The dealers will give me a decent discount without a trade in, but will only [quoted text clipped - 4 lines] > Any explanation for this? > I don't want to beat my head against the wall if it is only worth $3000 The dealer is trying to screw you, plain and simple. Play hard ball with 'em, or go to the next town and conduct your business there.  Signature"Ubuntu" -- an African word, meaning "Slackware is too hard for me". >> I am trying to trade my 2001 GC in on a Toyota Sienna. >> The dealers will give me a decent discount without a trade in, but will only [quoted text clipped - 7 lines] >The dealer is trying to screw you, plain and simple. Play hard ball with >'em, or go to the next town and conduct your business there. They don't want your trade. It's that simple. Take the discount and give someone a good deal on your van privately and come out ahead. There are too many used GCs on the market - the lots are full of them, and the auctions too. (at least up here) SignaturePosted via a free Usenet account from http://www.teranews.com >>> I am trying to trade my 2001 GC in on a Toyota Sienna. >>> The dealers will give me a decent discount without a trade in, but will only [quoted text clipped - 11 lines] > There are too many used GCs on the market - the lots are full of them, > and the auctions too. (at least up here) You could also try Carmax (if there is one in your area). > I am trying to trade my 2001 GC in on a Toyota Sienna. > The dealers will give me a decent discount without a trade in, but will only [quoted text clipped - 4 lines] > Any explanation for this? > I don't want to beat my head against the wall if it is only worth $3000 Your trade isn't what they want to sit on their used car lot. That means they would send it to the wholesale auction. They can probably buy a vehicle like yours at auction for little more than the $3000 offered. Trading in a vehicle is almost always a losing deal. People do so for convenience and take the loss. Sell it yourself. In some states trade ins will save on taxes. In AZ for instance taxes are paid on the difference between the new cars price and the trade in amount. On an expensive trade in the savings might make up for the lower trade in amount. >> I am trying to trade my 2001 GC in on a Toyota Sienna. >> The dealers will give me a decent discount without a trade in, but [quoted text clipped - 16 lines] > amount. On an expensive trade in the savings might make up for the > lower trade in amount. Not in Maryland. Taxes are owed on the full retail listed price (even if you negotiated a lower price, you pay taxes on the sticker price!) Bum deal that it is! > Not in Maryland. Taxes are owed on the full retail listed price (even > if you negotiated a lower price, you pay taxes on the sticker price!) > Bum deal that it is! The logic in AZ is that sales taxes were already paid on the car being traded and the car will be taxed again when it is sold. Chryslers generally have lousie resale value >Chryslers generally have lousie resale value 'Till they are over 30 years old. SignaturePosted via a free Usenet account from http://www.teranews.com >> Chryslers generally have lousie resale value > > 'Till they are over 30 years old. So my mother-in-law just needs to keep her 1987 Dodge Aries another 10 years and she'll be sitting with some cash? It still runs great. Maybe it will last! They don't have lousy resale value, they have no value at all. Recycled into anchors works pretty good though........ Dale >>> Chryslers generally have lousie resale value >> [quoted text clipped - 3 lines] > years and she'll be sitting with some cash? It still runs great. Maybe > it will last! >>>> Chryslers generally have lousie resale value >>> 'Till they are over 30 years old. [quoted text clipped - 7 lines] > into anchors works pretty good though........ > Dale Since it still runs good and has never been a problem for her, she plans on keeping it a while longer... No point in making it into a boat anchor just yet. |
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