Had my T/A appraised today...
#21
Teching In
Join Date: Sep 2009
Location: Pearland, TX
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They are just hoping you get so emotionally attached to the G8 that you give them the T/A, not to mention they'll make even more off you with whatever financing they give you. They'll probably turn around and try to sell it for $7500 or so to somebody who test drives it and gets emotionally attached to it. Car dealers are psychologists, they make money on people who fall in love with a particular car. Even though I know how it works I still overpaid for my car to a dealer, but I can't complain too much, I love the car and it hasn't given me any issues.
#23
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Its standard operating procedure to offer about half of what your car is actually worth. That way they can sale it for a 50% profit.
Also, the G8 GT was NOT $25k new. It started around $31k. However, they are asking too much for it but that is what negotiation is for.
Also, the G8 GT was NOT $25k new. It started around $31k. However, they are asking too much for it but that is what negotiation is for.
#24
On The Tree
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what your car is worth to them and what your car is worth to enthusiasts are totally different things. while we know the intrinsic value of your car, they see it as just that...a car. not only that, but its a dealership, so they always lowball on trade ins. i didnt catch the mileage but your car is prob worth more in the 6-8 range if i had to guess...its funny though, because my car was valued at over 4 and its an old beat up lt1 lol
#27
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KBB is a crock of crap, Dealers look at what aucton prices are not KBB, next time U go into a dealer with a KBB sheet showing what KBB shows what your value is worth and they dont take it, call KBB and have them buy your car...see how that works out
KBB doesnt buy cars
KBB doesnt buy cars
#28
TECH Senior Member
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A seller can't expect a buyer to pay for emotional attachment or intrinsic value. Try and find a bank that will loan $8K on a 10 year old car. Not gonna happen.
G8s were introduced at $31K and some dealerships were marking them up to around $35K. Then the bottom fell out of the market and they were being sold for $25K.
G8s were introduced at $31K and some dealerships were marking them up to around $35K. Then the bottom fell out of the market and they were being sold for $25K.
#29
A seller can't expect a buyer to pay for emotional attachment or intrinsic value. Try and find a bank that will loan $8K on a 10 year old car. Not gonna happen.
G8s were introduced at $31K and some dealerships were marking them up to around $35K. Then the bottom fell out of the market and they were being sold for $25K.
G8s were introduced at $31K and some dealerships were marking them up to around $35K. Then the bottom fell out of the market and they were being sold for $25K.
#31
Speaking of which I took a tour of the service dept. as a field trip type thing at school, I can't believe they told us all the **** they did to rack up the bill, but that is how they make money. Some real ******** back there too. We were looking at the computer and a damn socket comes soaring by..
#32
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KBB is a crock of crap, Dealers look at what aucton prices are not KBB, next time U go into a dealer with a KBB sheet showing what KBB shows what your value is worth and they dont take it, call KBB and have them buy your car...see how that works out
KBB doesnt buy cars
KBB doesnt buy cars
you can just use KBB to get a general feel for what the car is worth, but you should always use your own negotiation skills to REALLY get what you want for it, and if you don't.....walk away.