Notices
2005-2014 Mustangs Discussions on the latest S197 model Mustangs from Ford.
Sponsored by:
Sponsored by:

What are dealerships paying these days for trades?

Thread Tools
 
Search this Thread
 
Old 09-10-2012, 10:21 PM
  #11  
acctingman
1st Gear Member
Thread Starter
 
acctingman's Avatar
 
Join Date: Sep 2010
Location: Washington
Posts: 95
Default

What do you all think?

Accept $2000-2500

or sell it on my own?

I have no place to "park" it though.

I'm wondering how long it will sit and I will be in a position to want to sell it fast so I might not even get what I want in a private sale.

I'm wondering if I could get $3500-4000 in a private sale. For $1500+ it might be worth it.

Best thing for me to do is actually go through the process and see what they actually will do instead of speculate :P

Thanks all
acctingman is offline  
Old 09-10-2012, 10:36 PM
  #12  
luckydawg003
4th Gear Member
 
luckydawg003's Avatar
 
Join Date: Oct 2006
Location: Brandon, FL
Posts: 1,214
Default

All you can do is go to the dealer and see what they offer. Just don't take their first offer which will be a low ball offer. I usually go back and forth like 3 or 4 times. Back in 07 I traded my 00 eclipse gt for $5k they offered me 3500 at first. Never hurts to keep asking for more and walk away if the deal sucks. But watch out that they don't charge you MSRP or over if they give you what you want on your car. Dealers are all about making money. Good luck.
luckydawg003 is offline  
Old 09-10-2012, 10:45 PM
  #13  
acctingman
1st Gear Member
Thread Starter
 
acctingman's Avatar
 
Join Date: Sep 2010
Location: Washington
Posts: 95
Default

Thanks Dawg

I know what I will I pay for my Stang. I will NOT budge from that, but I do understand that my trade isn't near as valuable to the dealer and I have to leave some wiggle room.

If a dealer gives me the price on the Stang I want I might loosen my *** cheeks on the price of my trade.

Btw, Nice looking ride there Dawg....those rims are sick!!
acctingman is offline  
Old 09-11-2012, 07:11 PM
  #14  
05gtdriver
5th Gear Member
 
05gtdriver's Avatar
 
Join Date: Aug 2006
Location: Los Angeles Ca
Posts: 2,127
Default

Originally Posted by acctingman
Thanks Dawg

If a dealer gives me the price on the Stang I want I might loosen my *** cheeks on the price of my trade.
LOL
Yes, try to negotiate the best possible deal for the Mustang you want(don't even mention the car you wish to trade in). Make the deal on the Mustang as if you're getting just $1000 for your Cougar(for sake of saving yourself grief with the dealer). You need to go into the deal knowing exactly what you want to pay and don't use your Cougar as a piece of equity on your behalf. Once you get the deal you want, then the Cougar becomes a sweetener to the deal on the backend, makes sense?
05gtdriver is offline  
Old 09-11-2012, 09:26 PM
  #15  
siggyfreud
5th Gear Member
 
siggyfreud's Avatar
 
Join Date: Oct 2009
Location: Oregon
Posts: 2,645
Default

Begin pre selling it on craigslist
. If someone wants it, make your dealership deal on the gt, and have the cougar buyer meet you there to finish the deal.
siggyfreud is offline  
Old 09-12-2012, 02:21 AM
  #16  
JThor
2nd Gear Member
 
JThor's Avatar
 
Join Date: Jul 2011
Location: Colorado
Posts: 289
Default

My experience has been that the dealer will offer about 50% of what the wholesale book value is. I've gotten to the point that I don't even bother with trade ins. My last "trade in" went to my son as a graduation gift. Otherwise, I sell private party. If you have it priced well, they go pretty fast. There's a good market out there for used inexpensive cars in good shape. I think yours would qualify at your price points.
JThor is offline  
Old 09-12-2012, 03:38 AM
  #17  
wcgman
5th Gear Member
 
wcgman's Avatar
 
Join Date: Mar 2006
Location: Colorado
Posts: 2,652
Default

I think you need to stick to your guns. Be ready to walk out. Tell the dealer, Im here to close a deal on a car right now, but if you don't give me the deal I want I walk. That's worked for me every single time except on the 2013 Shelby. In the end, I got a much better deal on an very lightly used 07 Shelby.

Heck...one time they actually gave me the trade back after the deal was inked cuz they didnt even see value wholesaling it! rofl!!!
wcgman is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Roush05
5.0L GT S550 Tech
12
09-10-2015 12:23 PM
Boostaddict
Lethal Performance
2
09-08-2015 09:56 PM
The01Cav
North East
0
09-05-2015 03:39 PM
raleigh05GTO
New Member Area
5
09-04-2015 07:09 AM



Quick Reply: What are dealerships paying these days for trades?



All times are GMT -5. The time now is 11:39 PM.