: Getting screwed on my trade-in!



GTS21
12-03-05, 08:30 PM
I'm trying to negotiate a deal on a 2006 Merc S65 AMG, and I'm trading my 2004 V with 15,000 miles. They offered 28 grand!! What the H*ll? Blue book is like 39! I realize that's too high, but what's a reasonable trade-in for this car? Thanks

DarkKnight
12-03-05, 08:34 PM
That is to low. I got offered 41K for my 05 (fully loaded) with less than 4000 miles, the KBB trade in price was 46K for mine.

ndogg ct
12-03-05, 08:43 PM
yea you should be getting at least 34k

feline
12-03-05, 08:58 PM
GTS21, I think that they could Show you more than that!! They were giving/showing me $36,000 towards a 2005 VETTE. I am just going to sell it outright.
Good Luck,
Ginnie

1fstkde
12-03-05, 09:02 PM
tell the dealer, thxs, im going somewhere else to buy my benz...then see what happends...its always the same old shit with them, back and forth...

Dave's V
12-03-05, 10:43 PM
I wouldn't expect much more than 28 for an 04. I had the same mileage on my 05 and almost received 38 for it.

One advantage in some states for trading in a vehicle is that you only pay tax on the difference between the new and old vehicle prices.

We are screwed because they sold brand new 05s for around 47 a few months ago and even cheaper now ($41K).

Closer_2001
12-03-05, 10:55 PM
I'm trying to negotiate a deal on a 2006 Merc S65 AMG, and I'm trading my 2004 V with 15,000 miles. They offered 28 grand!! What the H*ll? Blue book is like 39! I realize that's too high, but what's a reasonable trade-in for this car? Thanks


Where are you located ? Where are you buying the Benz?

Please email/post the miles, tire condition, previous paintwrk history, etc.

erictornwall@gmail.com

Staxxin
12-04-05, 12:06 AM
It's scary to hear how low the offers are on the V's... I'm hoping it gets better.

Dreamin
12-04-05, 12:52 AM
I think Whitelightning traded his '04 w/15k miles AND CCW wheels for $28.5K.

http://www.cadillacforums.com/forums/showthread.php?t=57296

Jon
12-04-05, 01:50 AM
I think Whitelightning traded his '04 w/15k miles AND CCW wheels for $28.5K.

http://www.cadillacforums.com/forums/showthread.php?t=57296
He sold it to a wholesaler. I was going to buy that car, but he wanted it gone before I could make it to NYC.

10secvette
12-04-05, 05:15 AM
04's are going through the auction 30K.

keeksv
12-04-05, 09:31 AM
I gave up trading cars in a long time ago.

Too many last minute changes by the dealers to the deal, etc...

If you want it to move, put it up for sale at or near the current auction price--that's probably the most you'll get from a dealer outright for a used car. If they offer you more than that for it, they're basically subtracting from the amount they're willing to deal with on the price of the new (or other used) car. Hit the dealer right at the end of the month/year, too.

ew

GTS21
12-04-05, 09:32 AM
Okay, a little progress. They've upped the trade-in offer to 30,500 from 28,000. Still disappointing, but a little better. :banghead:

keeksv
12-04-05, 10:05 AM
Now offer them less for the Mercedes, a lot less, and see what they do.

Figure out where you want to end up ultimately with the price of the new car, and offer less, so you can ultimately get to the price you want. Do it by phone....

SBONES
12-04-05, 10:14 AM
do not go back...buy else where...smoke'em on your way out...28k...:histeric:

CVP33
12-04-05, 03:11 PM
I think we'll all be faced with this come trade-in time. $28-$30K for '04's and $33-35K for '05's. BOHICA

Playdrv4me
12-04-05, 03:29 PM
Thats about as good as your going to do. You might get lucky and be able to offload it on someone here for 34... but then you are almost back in the same boat because you will lose your trade-in tax benefits. Its six to one half dozen of the other.

GNSCOTT
12-04-05, 04:55 PM
I'd take 30,500 and run. They are going for less than that on Ebay. Black book around here is 28-30K for mine with 23k miles. Kelly Blue book's site should just be scrapped its so wrong. Just look on Ebay.

GTS21
12-04-05, 06:13 PM
Thanks for the advice fellas, I accepted the deal with the 30,500 offer. Should have the S65 by the end of December. 604HP and 738 lb/ft of torque!!

Skiddles
12-06-05, 10:27 PM
Trade-in should never be mentioned until after you settle on new car price.

Good Luck

Dreamin
12-06-05, 11:38 PM
The depreciation on these cars... un-f-ing-believable... :(

arr0gant
12-07-05, 10:12 AM
Thats about as good as your going to do. You might get lucky and be able to offload it on someone here for 34... but then you are almost back in the same boat because you will lose your trade-in tax benefits. Its six to one half dozen of the other.

In my state you have 6 months to sell the car after you have purchased a new one to offset taxes. I buy a 30k car and pay my taxes, in 6 months I sell I finally sell my old 30K car. The state of Missouri then sends me back all the tax I payed. All I have to do is download a form and send in copies of what I sold. Most states have similar rules (no lower than 3 months to sell). Most just don't know it.

arr0gant
12-07-05, 11:55 AM
Thanks for the advice fellas, I accepted the deal with the 30,500 offer. Should have the S65 by the end of December. 604HP and 738 lb/ft of torque!!

God man, that is a NICE step-up!!! CONGRATS, you win the lottery? :) Send us pics of your new car!!!!!!!!!!!!!!!!!

Mat347
12-07-05, 02:00 PM
Trade-in should never be mentioned until after you settle on new car price.

Good Luck

My thoughts exactly! Get your price...don't mention a trade in till you get a rock bottom price. THEN say you want to trade your car in. Watch them..they may try to jack the price of the car up. They want to sell you a car for the highest price, you want it for the lowest. Unfortunately they have the advantage of doing this every day.