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Need a wholesale price for a 1998 Yukon

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Old 02-14-2003, 11:36 AM
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Default Need a wholesale price for a 1998 Yukon

1998 Yukon SLE
cloth interior, 4 wheel drive, 69000 miles, very clean, dual a/c, cd/tape,fm/am stock stero, buckets in front (power driver side), luggage rack, Auto trans, color RED, power everything, child locks, tinted glass.

The bank says the pay-off is 20,900 but they will sell it to me
20,900 (-) 2500. that price is still way to high. I saw a few from 11-12 thousand, same as mine. Any help would be great.

I want to present a price to the bank (bank of america) and see what they will do.

Please help me decide

Rick
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Old 02-14-2003, 12:11 PM
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Try going to www.kbb.com or www.edmunds.com to get a trade-in value for your car....Trade in value seems to be fairly close to what you could sell the car for on the open market.. I haven't shopped for Yukons, but $20k sounds a little high to me...
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Old 02-14-2003, 12:13 PM
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Default 20.900?

I have a 98 tahoe, recently offered 10.000 on a trade in (ouch)
Have it for sale for 15,900. Sharp truck, 2dr. blk. leather 4wd.
Hope this helps.
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Old 02-14-2003, 12:20 PM
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Mines a 4 door.
I heard the banks use a wholesale book ( wholesale kelly BB) to find the trade in. You have to price out every option.
edmunds will just give a ball park.
I want to referance the same book they(bank) use when i submit my offer
A lot of time they (bank) have a hard time getting wholesale prices due to the fact that the market out here is so flooded with SUV's
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Old 02-14-2003, 12:26 PM
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Default Kelly is on line

I went to kelly, mine was 10 something trade in value, 12 something retail. You can get both numbers from them.
Just type in kelly blue book. good luck John
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Old 02-14-2003, 12:33 PM
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Is this what the banks use to find the price?
If I tell them that kelly blue book on line gave me this price will they say thats not what we use? our price is,(whatever!)
IS trade-in HIGHER or LOWER than wholesale?
Any wholesalers out there to help?

Thanks,
Rick
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Old 02-14-2003, 12:37 PM
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Way too high, I bought my 99 4dr yukon SLT Jan 2001
for 22,900 that only had 34000 miles loaded included leather
dual air black/silver two tone, dark glass, 3.73 posi
towing package, power everything, heated seats/mirrors, dual airbags, cd stereo. remotes and alarm.
I added a viper car start and finned trans pan, 3" body lift
17/70/285s & weld Razor alloys miles is 46K now

Id be lucky to get 17-18k the way the market is now

whole sale 13-15k auction 11-13k
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Old 02-14-2003, 06:15 PM
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TTT
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Old 02-14-2003, 07:03 PM
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10-12K sounds about right to me.
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Old 02-14-2003, 09:37 PM
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Default scarabrick

I have a NADA dealers book and what it tells me is this:


$12,800.00 Loan Value


$14,150.00 Trade-in Value


$16,650.00 Retail Value


The only add-ons in this book were: SLT Trim-$500
Alum Wheels-$150
CD Player-$75
Leather-$300
Rear Air-$225

I added on for rear air, CD, and Alum wheels.


I hope that this helps you.
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