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GXP Trade in value

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Old Jun 17, 2009 | 03:36 PM
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Default GXP Trade in value

Anyone recently trade in a gp gxp with around 60000 miles on it. Just curious how the value of my car has tanked since I baught it a year ago. Not to mention I put almost 20000 miles on it since I baught it. It just sucks being under water on a loan.
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Old Jun 17, 2009 | 03:50 PM
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It will NOT be pretty, take what you might think it is and subtract a couple grand or so See if you know someone who has access to the dealer auctions nearby, they'll let you know what they're being sold for at auctions which is the most a dealer will give you.
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Old Jun 17, 2009 | 04:11 PM
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Well, I was offered 15.5K on my '08 GXP with 25K miles on it. They told me that that was auction price. I don't think it was too bad but still renders me upside down...bummer.
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Old Jun 17, 2009 | 04:45 PM
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Im getting 13k for my 07 with 32k on it.......
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Old Jun 18, 2009 | 09:18 AM
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Originally Posted by Scarhead
Well, I was offered 15.5K on my '08 GXP with 25K miles on it. They told me that that was auction price. I don't think it was too bad but still renders me upside down...bummer.
Damn and thats for a 08 with half the miles that I have. I think I'll be keeping mine for quite a while.
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Old Jun 18, 2009 | 11:48 AM
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Yep, any thoughts of me moving to a G8 are gone. That and I don't think I could get it optioned near as well as my GXP for the same price.

I have just under 20K on my 06...
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Old Jun 18, 2009 | 12:13 PM
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Originally Posted by Scarhead
Well, I was offered 15.5K on my '08 GXP with 25K miles on it. They told me that that was auction price. I don't think it was too bad but still renders me upside down...bummer.
What?! Damn guess the east coast market must be less saturated, back in the beginning of the year I couldn't get anything better than 12.5k with 30k miles for my 08.
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Old Jun 18, 2009 | 12:38 PM
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Originally Posted by Scarhead
Well, I was offered 15.5K on my '08 GXP with 25K miles on it. They told me that that was auction price. I don't think it was too bad but still renders me upside down...bummer.
Hey, same here i was quote 15kish for my 08 with 26k on it. However that puts me at what i owe on it. I got her pretty cheap.
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Old Jun 18, 2009 | 01:00 PM
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Yeah I want to dump it and get a G8 before the value takes a dump even more and I'm even more upside down on it. Call me crazy but i'd rather be upside down on a G8
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Old Jun 18, 2009 | 01:15 PM
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Yeah same here in central TX...got offered 14 for mine. Good news is I just convinced the wife to trade in the Grand Am for the G8. Bad news is we will be the proud owners of 3 V8s. Luckily we live in a small town and she's a stay at home mom. Not too bad then I suppose. I just want to get my hands on a G8 before they become rare and expensive used cars.
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Old Jun 18, 2009 | 03:29 PM
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Last November I paid $16,200 for my 08 GXP with 9,200 miles on it from a dealership. They had 3 identical GXPs on the lot with less than 10k miles on them and all less than $17K.

It's amazing how fast they dropped in value. The GP GXP is an awesome car. I don't plan on selling mine anytime soon.
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Old Jun 19, 2009 | 08:54 AM
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shouldn't trade in value hold up a little bit know as gm produces less and people are losing the ability to qualify for new cars due to bad credit.
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Old Jun 19, 2009 | 07:56 PM
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When my transmission went I almost traded mine in last year and all they wanted to give me was 9 grand. They did not know the trans had trouble either. I told them to go suck a pork sword and left... lol...

-Mike
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