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  #25  
Old 02-20-2013, 11:27 PM
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Re: trade in value

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Originally Posted by Schleprock View Post
I would not lay down for a dealer and accept their bullshit trade-in offer of Manheim wholesale value, not on this vehicle. You might not have an option on a Camaro, normal GC, Mustang, Ford Taurus, etc. But a specialty vehicle like this wouldn't hold as much leverage for their side.

First, they aren't going to wholesale your truck most likely. They are going to try and sell it for $53-56k at first and make a good profit. So there goes their initial negotiating ploy that "this is all we can get in return for your vehicle now if we sell it at auction."

Second, if they wanted to buy a Jeep SRT8 at auction to put on their lot to make a good profit the chance of them being able to go to auction and grabbing one real easy isn't going to be as simple as other cars because of the limited production numbers, and even more limited numbers of used available. So there goes their excuse with Manheim numbers of "well, we can't give you more than this number because if we wanted one on our lot we would just pick one up at next auction cheaper."

IMO, your best trade-in value will/should probably come from a Jeep dealer. They'll salivate knowing they have a slightly used SRT Jeep to offer. It's a great selling chip for them to offer to that person who doesn't quite want to spend the bucks on a new one, or is looking for something slightly more than a new Overland GC. They'll push them towards the used SRT8 where the numbers will look better to the buyer for what they are getting, but will have a nice fat profit intact for the dealer. I know whenever I take the 2010 to my Jeep dealer they salivate over the thing, each time a sales person asks if it is being traded in or if I would like to trade it. The night we showed up to pick up my 2012, I swear there were 3 sales people standing in the showroom like starving Wolves who asked smiling; "you trading that in for the 2012?" It was as if they were all going to sprint to their telephones to call prospective buyers if I said yes.
Pass the dutchie on the left hand side....... Not to be an apologist for dealers, but they need to buy wholesale and try and sell close to retail that is how they keep the lights on. I would bet in most cases after paying auction fees, transport fees and a salesman to sell the truck, they are making $1,000-$2,000 on a 50k investment. Not a huge return. Also you are kidding if you think these trucks are limited supply, I was recently looking for a used 2012 and there were plenty for sle in my area let alone if I wanted to go out of state. Look at autotrader or cars.com and see how any are for sale.
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  #26  
Old 02-21-2013, 05:50 PM
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Re: trade in value

^^^^ you are soo correct!!^^^^ I am a wholesaler of cars for some time now and I would rather have a V8 GC than a SRT8 on my lot all day long. the SRT8, Mcars, amg are for certain group and not the mass of what "NORMAL" people want .. I know of 3 that I can have for less than $50k and between 2-4 k miles
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  #27  
Old 02-21-2013, 05:53 PM
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Re: trade in value

Man am I glad I sold my 2012 SRT back in October when the price was still high! I got almost $53K then still with 10K miles on her. I knew the price would drop 5-10K if I waited. You guys gotta think quick! those of you wanting to sell your 2012's now should have known better than to wait! When the buzz about the 2014's made its way to the public it cost people some money on resale values...
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  #28  
Old 03-03-2013, 10:48 PM
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Re: trade in value

It never ceases to amaze me that people think the sky is falling because they bought something retail and all of a sudden, a year or so later they try and sell it wholesale and are shocked at the price gap. Do you all realize that when the vehicle was NEW the dealer only paid about $55K for it! Why would you expect them to pay YOU any more than $50K for it after you've had it for a year or 2?

Get real people, regardless what you paid for it (and forget the OTD price for this comparison, the adds like tax, tags, title, dealer fee's, etc. CANNOT be used when calculating depreciation) it was worth NO MORE than $55K the moment it became a registered (aka USED) vehicle.

If you can't stomach the dealer telling you it's only worth $45K on trade then sell it yourself. You should be able to get low to mid 50's if you've taken care of it.
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Old 03-03-2013, 11:00 PM
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Re: trade in value

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Originally Posted by mjw930 View Post
It never ceases to amaze me that people think the sky is falling because they bought something retail and all of a sudden, a year or so later they try and sell it wholesale and are shocked at the price gap. Do you all realize that when the vehicle was NEW the dealer only paid about $55K for it! Why would you expect them to pay YOU any more than $50K for it after you've had it for a year or 2?

Get real people, regardless what you paid for it (and forget the OTD price for this comparison, the adds like tax, tags, title, dealer fee's, etc. CANNOT be used when calculating depreciation) it was worth NO MORE than $55K the moment it became a registered (aka USED) vehicle.

If you can't stomach the dealer telling you it's only worth $45K on trade then sell it yourself. You should be able to get low to mid 50's if you've taken care of it.
It ceases to amaze me that they think the moment they drive off the lot with the vehicle,the vehicle price should appreciate just like a house. LOL
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