Notices
Buying/Leasing 350Z/370Z Purchasing Info

Trade-In, last bit of advice...b4 I get it

Thread Tools
 
Search this Thread
 
Old 07-26-2007, 06:26 PM
  #1  
igwtwalnut
Registered User
Thread Starter
 
igwtwalnut's Avatar
 
Join Date: Aug 2006
Location: Walnut, California
Posts: 17
Likes: 0
Received 0 Likes on 0 Posts
Default Trade-In, last bit of advice...b4 I get it

So I've been pretty close to buying the '07 Z, only thing is they didn't have a PPW enthusiast model anywhere. Anyways, I currently OWN a 2001.5 Audi A4, 1.8t (non-quattro), base model. It has about 96k miles on it. I searched KBB.com and got a trade-in value of $8000-$10000 or something around that. The best price I got quoted from a trade in at a dealership was $6000. I told them "Why so little, at KBB.com I got quoted $8000-$10000". It's also in GREAT condition. If washed looks practically brand new still. Dealership told me that it costs around $1000-$1500 or so to fix it and do whatever they do.

Now the question is, go for the trade in? Are they screwing me up or is it around the price it should be at? Or just sell privately where I can guarantee $8000 or more for it?
Old 07-26-2007, 07:05 PM
  #2  
davidv
Registered User
iTrader: (2)
 
davidv's Avatar
 
Join Date: Jun 2004
Location: Tucson, AZ
Posts: 42,754
Likes: 0
Received 10 Likes on 10 Posts
Default

KBB numbers are derived from sales. KBB does not dictate sales prices. You will see vehicles selling for KBB less 20 percent, and those selling for KBB plus 20 percent. So KBB is an average.

If the car is worth only $6,000 to you, then trade it. If the car is worth more to you, then sell it privately.
Old 07-27-2007, 12:42 AM
  #3  
JDMFairladyZ33
New Member
iTrader: (37)
 
JDMFairladyZ33's Avatar
 
Join Date: Nov 2006
Location: Dallas, TX
Posts: 6,482
Likes: 0
Received 0 Likes on 0 Posts
Default

Maybe my thread will help you out:

https://my350z.com/forum/buying-leasing/246183-how-the-dealership-determines-the-value-of-your-car.html


Basically if it's a large dealership your Audi is a cash car that's going to get picked up by smaller wholesalers.
Old 07-27-2007, 09:06 AM
  #4  
M_parallel
Registered User
 
M_parallel's Avatar
 
Join Date: May 2007
Location: Bellevue, WA
Posts: 273
Likes: 0
Received 0 Likes on 0 Posts
Default

That's actually a very strong buy bid on that particular car, which I would advise you to take and run. I agree that this car is a wholesale piece.

Audis are "back-of-book" cars. This means that their auction/retail transaction prices are subtantially lower than the KBB guide. Your particular car is actually fetching a *lot* less than $6,000 at auction this week.

Good news: You will likely not run into this scenario with your new 350Z.
Old 07-27-2007, 10:21 AM
  #5  
bailey bill
Registered User
 
bailey bill's Avatar
 
Join Date: May 2006
Location: sims, nc
Posts: 1,100
Likes: 0
Received 2 Likes on 2 Posts
Default

Originally Posted by igwtwalnut
So I've been pretty close to buying the '07 Z, only thing is they didn't have a PPW enthusiast model anywhere. Anyways, I currently OWN a 2001.5 Audi A4, 1.8t (non-quattro), base model. It has about 96k miles on it. I searched KBB.com and got a trade-in value of $8000-$10000 or something around that. The best price I got quoted from a trade in at a dealership was $6000. I told them "Why so little, at KBB.com I got quoted $8000-$10000". It's also in GREAT condition. If washed looks practically brand new still. Dealership told me that it costs around $1000-$1500 or so to fix it and do whatever they do.

Now the question is, go for the trade in? Are they screwing me up or is it around the price it should be at? Or just sell privately where I can guarantee $8000 or more for it?
You don't have to "trade it in" (sell it to the dealership) you know?

If you can sell it to someone else for more, then go ahead. I always get at least 2 dealers to give me an outright offer before I "trade-in" a vehicle.

bill
Old 07-28-2007, 08:33 AM
  #6  
i8acobra
New Member
iTrader: (6)
 
i8acobra's Avatar
 
Join Date: Jul 2006
Location: Henderson, NV
Posts: 7,665
Received 1,267 Likes on 1,015 Posts
Default

The most you'll ever get for a trade-in is KBB trade-in value in "fair" condition. Doesn't matter if your car is brand new. You'll never get more than "fair" value for it.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
lapham3
Maintenance & Repair
8
10-07-2022 03:15 PM
Lt_Ballzacki
Brakes & Suspension
39
08-06-2021 06:19 AM
apex locator
Autocross/Road
10
07-23-2021 02:27 AM
MicVelo
NorCal Marketplace
9
10-04-2015 07:55 PM



Quick Reply: Trade-In, last bit of advice...b4 I get it



All times are GMT -8. The time now is 04:54 PM.