Why the drastic drop in trade-in value?
04-16-2008, 08:22 AM
#31
Join Date: Sep 2007
Posts: 2
RE: Why the drastic drop in trade-in value?
Real simple. Brand new 08's have 3500 Factory Rebate, so when that went into effect yours dumped same amount.
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ORIGINAL: rogan01
Just wondering if there is any reason for the drastic drop in trade-in value on our cars in Kelly Blue Book over the past 3-4 months.
I have a 2006 GT Premium Convertible 5-speed with 4500 miles - completely stock. I checked Kelly Blue Book about 3-4 months ago and the trade-in value was between $23,600 - $24,200 (Good vs Excellent)
I checked yesterday and the values were $20,500 - $21,700 respectively.
Any explanation for this? I also checked my friends, he has a 2007 V6 Vert Premium with Pony package and all factory features and his drop was comparable.
Anyone have ideas on what's going on? Is this just normal?
Thanks.
Just wondering if there is any reason for the drastic drop in trade-in value on our cars in Kelly Blue Book over the past 3-4 months.
I have a 2006 GT Premium Convertible 5-speed with 4500 miles - completely stock. I checked Kelly Blue Book about 3-4 months ago and the trade-in value was between $23,600 - $24,200 (Good vs Excellent)
I checked yesterday and the values were $20,500 - $21,700 respectively.
Any explanation for this? I also checked my friends, he has a 2007 V6 Vert Premium with Pony package and all factory features and his drop was comparable.
Anyone have ideas on what's going on? Is this just normal?
Thanks.
04-16-2008, 08:26 AM
#32
Join Date: Sep 2007
Posts: 2
RE: Why the drastic drop in trade-in value?
You may be totally wrong. Right now you can buy Mustang near Invoice less 3500. so you get a lot more bang
for the buck then with those others.
for the buck then with those others.
ORIGINAL: pascal
Also, as soon as the Maros and Challengers are out, the resale value will drop even more[8D].
And half of the people (almost ) on this board will bail out.
Wich is all fine by me, I rather interact with a Mustang fan. Not with a dude that has a Pony because there's no Camaros out or what ever else.
Also, as soon as the Maros and Challengers are out, the resale value will drop even more[8D].
And half of the people (almost ) on this board will bail out.
Wich is all fine by me, I rather interact with a Mustang fan. Not with a dude that has a Pony because there's no Camaros out or what ever else.
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