Nada,Edmund, KBB

Reply Subscribe

Thread Tools

Search this Thread

Jan 30, 2008 | 03:43 AM

#16

dbotkin5

Evolving Member

iTrader: (4)

Joined: Feb 2007

Posts: 338

Likes: 10

From: Raleigh, NC

Quote:

Originally Posted by thuan

Took it to the dealer today, My salesman printed up a list for me in my area for pass auction, Its was so messed up, its crazy how they range from low as 8k to 20k on 03
There was 2 that was about the same mileage as me, one sold for 14,500 and other sold for 13,900, Used car sale guy offer me 10k tops for trade in. But that did not stop me from going home with The new EVO-X, I think im just going to sell my car local on carsoup or something in the spring time.
But you guys are right, they lowball you like crazy. Buy your car at 20% less then KBB trade in value, but then sell it back at Nada retail value
Buy for 10k. Sell for 17k GG..

So you went ahead and bought the X before you've sold your IX? If I'm reading that correctly then you should really be careful man. You can never count on selling your car/house/etc in a certain time frame because the market is too undpredictable. Hope you can swing both payments for a while.

Jan 30, 2008 | 05:33 AM

#17

thuan

Thread Starter

Evolving Member

iTrader: (1)

Joined: Apr 2003

Posts: 281

Likes: 2

From: Las Vegas

Quote:

Originally Posted by dbotkin5

No no, I have 2003 EVO-8 Its Payed for 2 years ago,I dont need the trade in for my new EVO-X. I just wanted to trade it for some tax break, plus then i dont have to deal with selling it myself.

Jan 30, 2008 | 05:39 AM

#18

Robevo RS

Evolved Member

iTrader: (16)

Joined: Jan 2007

Posts: 10,535

Likes: 60

From: Park Ridge N.J.

sell it privat. you can get easy 13-15k for it.

Jan 30, 2008 | 03:51 PM

#19

bbenavitz

Evolving Member

iTrader: (1)

Joined: Sep 2004

Posts: 126

Likes: 0

If what you are saying is true (other 03's with the same mileage are selling at auction for $14k) then the dealer will take this figure and put in a little room in their offer to you (they don't want to get stuck with an auction value they have seen and then get hosed for less on yours at the auction) and should come to you with an offer on your trade for about 10% less than the auctions or around $12,500. Unless your evo is not in good shape (dents, wear, mods) then there is no reason that you should have been not be offered around $12,500. What's up bud?

Jan 30, 2008 | 04:01 PM

#20

bbenavitz

Evolving Member

iTrader: (1)

Joined: Sep 2004

Posts: 126

Likes: 0

Interesting, KBB has your car with your stated mileage at $13,500 in excellent condition or $12,500 in good condition (this is where most cars fall). Fair condition is $10,500 (this would include a modded car or chips, dents and dings, worn tires, etc).