The dealer is cheating??
Originally Posted by DONAIMIAN
Take it to carmax and see what they say. I have a good friend thats a Mercedes salesman and hes told me many times that car max most of the time will out bid anyone on buying back used cars.
+1! ....
Originally Posted by 1320FEVER
I'm just going on what I've heard. I've never actually bought a car there. But I've had several people tell me thats the best place to go if you want to unload a car. Lonestar chevrolet offered my $8700 for my Acura when kbb says its worth $12,000 trade in. And it still looks and drives like brand new except for a couple of door dings. I always sell my cars private party....
I have bought 7 cars in the last 2.5 years, 4 of them from dealers. I traded in the first one on the second one, but only because they gave me what I wanted for each vehicle. I have my financing (when financed) taken care of outside of the lot beforehand, so I shop for price.
The other 3 dealer purchases, I gave them the opportunity to give me what I wanted in trade, but we didn't get there, so I sold it outright within a few weeks and went on my way.
I couldn't afford to go through cars like I do if I shopped for payments and took it in the *** on every deal. I'm not necessarily making money, but I'm not losing more than the taxes and fees and a small amount.
Originally Posted by 1320FEVER
Well duh? Did you expect them to offer you retail? 
I'm just saying that if you insist on trading in your car, carmax is not a bad option for people who aren't that savvy about buying/trading cars. I personally wouldn't go there because as I mentioned before, I sell my cars pp and can get GM employee prices + rebates on new cars. No haggling. I bought my wife a 2004 Envoy for only 24k (sticker was 31k) and didn't even have to haggle.
I'm just saying that if you insist on trading in your car, carmax is not a bad option for people who aren't that savvy about buying/trading cars. I personally wouldn't go there because as I mentioned before, I sell my cars pp and can get GM employee prices + rebates on new cars. No haggling. I bought my wife a 2004 Envoy for only 24k (sticker was 31k) and didn't even have to haggle.
Of course I didn't expect to get retail. I didn't expect anything, its a damn car lot.
Originally Posted by SilverSierra
Wholesale isn't top dollar as you indicated in your first post. Wholesale is what your car is expected to bring at auction. I would consider NADA trade in top dollar and KBB/Edmunds trade in a fair deal.
Of course I didn't expect to get retail. I didn't expect anything, its a damn car lot.
Of course I didn't expect to get retail. I didn't expect anything, its a damn car lot.
Originally Posted by 1320FEVER
If your buying used I'd try to stick with carmax. The deals are no haggle and they offer top trade-in on your car.
Why do people honestly think that a car dealership is going to offer you anywhere CLOSE to retail for your trade in? Thats obserd. Every dealership I've seen, including car-max, will start from a loan value, and work its way up. You think theyre going to dish out Retail, and then automaticlly take a loss for it on the lot? Your nuts.
Originally Posted by K.T.
Why do people honestly think that a car dealership is going to offer you anywhere CLOSE to retail for your trade in? Thats obserd. Every dealership I've seen, including car-max, will start from a loan value, and work its way up. You think theyre going to dish out Retail, and then automaticlly take a loss for it on the lot? Your nuts.
My point is Trade Vs. Selling it out right. It's not about holding your title. It's about how much you will get for you car.
So would you trade it just because you have the title?
Staging Lane
Joined: Apr 2002
Posts: 56
Likes: 0
From: Houston
When I bought my new (in 04) GMC, the sale was made in less than 10 mins, I **** you not. I told them I wouldnt pay over "invoice" and still wanted the $4k in rebates & a bed liner. THey agreed, because theyre still keeping holdback. I started to walk out during financing. I told them I had my own CU financing and the Fi guy added all kinds of BS and played with the sales price. For ex, Fi guy took sticker, added TT&L, BS "dealer pkgs/paint sealeant/etc, and even charged for the free liner, then subtracted rebates.
After a couple of rounds of this, I told him that I was going to walk out if the next order didnt show agreed inv-$4k rebates-my GM card rebates. OF course it didnt, he told me it was the LAW to add TT&L to sticker price then subtract rebates. ME & my g/f got up to walk out as the sale person walked in with some Cokes and asked if everything was ok. She ended up chewing the Fi guys *** in fornt of us (prolly pat of the game once they realized I wasnt ingnorant) and everything was done correctly.
BUT I think the Fi guy may have been new, because he NEVER faxed the PO to my CU. <shrug>
In short, its not always the sales dept that sux.....watch out for Finacing as bad chicken said, they will play the #'s and rape you....
After a couple of rounds of this, I told him that I was going to walk out if the next order didnt show agreed inv-$4k rebates-my GM card rebates. OF course it didnt, he told me it was the LAW to add TT&L to sticker price then subtract rebates. ME & my g/f got up to walk out as the sale person walked in with some Cokes and asked if everything was ok. She ended up chewing the Fi guys *** in fornt of us (prolly pat of the game once they realized I wasnt ingnorant) and everything was done correctly.
BUT I think the Fi guy may have been new, because he NEVER faxed the PO to my CU. <shrug>
In short, its not always the sales dept that sux.....watch out for Finacing as bad chicken said, they will play the #'s and rape you....
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