Curiosity: Trading in a modded LS1 vehicle.
#1
Curiosity: Trading in a modded LS1 vehicle.
I was just wondering if anyone out there has ever traded in their "modded" car into a dealership? It's not something I plan to do but was just curious.
Another question: If a dealership was willing to give you what you were asking for your car, assuming you were selling it, would you trade it in? Or would you rather sell it to someone who knows what kind of car their buying. (ex. LS1tech members)
Another question: If a dealership was willing to give you what you were asking for your car, assuming you were selling it, would you trade it in? Or would you rather sell it to someone who knows what kind of car their buying. (ex. LS1tech members)
#2
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One of the guys in my club traded in a H/C '99 SS for a brand new GTO back in '04. The dealer took his car even with all the mods.
This is not the route I would go though. You'll pretty much always get more money selling it yourself, whether it's stock OR modded.
This is not the route I would go though. You'll pretty much always get more money selling it yourself, whether it's stock OR modded.
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#7
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As a former auto sales person and manager, do NOT take a car in w/ modifications. Maybe in some areas it might work, but if they were brought on our lot, they were traded for a ridiculously low amount or not traded in. There were a few I would have loved to purchased personally, just didn't have the time. When I purchased my first car I traded in a 94 Toy p/u and the guy told me to take out the head unit I put in and replace it with the original and he would give $5k cash for it. A lot of customers that see a used car like that automatically think it was raced, abused, possibly crashed.
The problem is they might sell quick if someone is looking for that particular kind of car, but if they are not, it sits on the lot wasting space. As far as I know, if I'm looking for a souped up car, short of something like a Roush Mustang or something, it won't be at a dealership. It either gets sold to another dealership, sent to another dealership in the same corporation or goes to auction. It would sell for jack squat at auction.
The problem is they might sell quick if someone is looking for that particular kind of car, but if they are not, it sits on the lot wasting space. As far as I know, if I'm looking for a souped up car, short of something like a Roush Mustang or something, it won't be at a dealership. It either gets sold to another dealership, sent to another dealership in the same corporation or goes to auction. It would sell for jack squat at auction.
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#8
I also work at a Dealership but in the Service department. But I still have seen some ridiculous **** and I will tell anyone right now, DONT TRADE YOUR LSX INTO A DEALERSHIP!!!! They will rip you off with the trade in value.
But on the other hand, I got my car at my dealership because it was traded in with 71k miles on it and I got it at dealer employee price for $2950, so it worked out in my favor. But I do feel kinda sorry for the guy who traded it in lol. His mistake, my lucky day.
But on the other hand, I got my car at my dealership because it was traded in with 71k miles on it and I got it at dealer employee price for $2950, so it worked out in my favor. But I do feel kinda sorry for the guy who traded it in lol. His mistake, my lucky day.
#9
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trading in a modded LS1 is blasphemy! i vote
j/k, you won't get anywhere near the money that was put into it for a trade in though. most dealerships i've had experience with will give you blue book at best
j/k, you won't get anywhere near the money that was put into it for a trade in though. most dealerships i've had experience with will give you blue book at best
#10
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I traded in my old 2007 Mustang that I had work done on for my 02 Z28, and they asked me how much I spent on my mods, and based on that valued my car...then two weeks later, they had my car advertised as "2007 Mustang Deluxe" or something like that...