AeroSpeedMarine

Hey Thought I Would Ask Im Trading In My Wifes 2007 Hummer H2 Sut This Up Coming Week And Thought I Would Ask If Anyone Is Looking Or In The Market For One Although I Dont Have The Time For Tire Kickers We Purchased It Last December Its A Sut Luxury Package Has 13 Thousand Miles And Has Sunroof Tv's In The Head Rest Fully Loaded Besides A Navigation System Oh Yeah Its Slate Blue Metallic With Black Leather Interior.

Thanks Mike

THE DEALER SO FAR IS GIVING ME 42000 THEY SAID THERE GOING TO MAKE SOME CALLS TO GET ANOTHER 500 TO 1000 FOR IT ...AND IT JUST KILLS ME I PUT 5000 DOWN NO TRADE AND FINANCED 60135 WITH TAX SO THATS A 20K HIT IN ONE YEAR.....

puder

price?

AeroSpeedMarine

Puder I Would Like To Get More Then What The Dealer Is Giving Me Ofcourse But I Cant See How I Couldnt Get Mid To Upper 40's The Truck Is Spotless The Only Thing It Needs Is A Windshield And I Ordered That Thursday Should Be In By Tuesday.

long duck dong

I own a wholesale car business and thought I would chime in here....

The dealer is offering you good money at $42k but it also depends on the deal your getting on whatever your buying. Just make sure you getting the absolute best deal on whatever your buying before commiting to do the deal.

I took a second to run your Hummer SUT on the MMR, or Manheim Market Report. The MMR shows me what any vehicle is bringing at Manheim Dealer Only auto auctions anywhere in the nation.

Your SUT would bring at a Manheim dealer auction anywhere from $33k to $36k right now... Unfortunatley the bottom fell out of Hummers within the last 4 to 6 months, especially with gas over the $3 a gallon mark now...... Even the stupid (filthy) rich people dont want them anymore.... I was at the auction last week (Wednesday in Birmingham, AL & Thurs in Atlanta, GA) and it seems like they were literally giving away V8 SUV's.....seriously.

FYI....I always advise people that when shopping at a new car store to always negotiate the best cash deal for the vehicle you intend on buying. Dont alert the salesman that you have a trade in until after the best possible cash price has been offered to you. Once your comfortable that you have negotiated for the best price, then tell them you will be trading in your Hummer.

New car stores will put more money $42k into your Hummer which sounds like a good deal, but they are not putting $40k of real money in the truck. They would never stay in business giving you $40k for a truck they can buy at auction for $33k. They can make up the $9k difference in profit on the car your buying, factory to dealer incentives, and so on....

If you take my advise and get your cash price first, when you offer the trade the dealer wont even be close to $42k for the Hummer....At least you'll be dealing with "real money" and not inflated figures to get you to buy at a huge profit for the dealer while you take a $20k beating on your Hummer...

enticer

AeroSpeedMarine
You know as well as the dealer. Right now SUV's are not getting nothing for them..UNFORTUNATELY. The wife just went from a Denali XL to a Navigator and they beotch slapped her on both ends. But that's what she wanted.
It all depends on what the auction is getting....they pull out the little SECRET book

Donzilla

Keep it the 20,000 beating will pay for gas. I payed mine off early and yes it is 80 bucks a week or 10 miles to the gallon but a nice ride. Oh ya I can drag it behind my motorhome and get 14 MPG.

GO4BROKE

iTrader: (1)

I agree, keep it.

Jupiter Sunsation

Did you pay sticker for it? They are starting at 56-62K (MSRP) for 08 with zero percent financing. If you get 42K plus another 1k you are taking a 17K hit in 11 months but you should get to reuse the sales tax when you are trading it in (another $2580 so your hit is about 14.4K real money) Seems a $1310 a month in depreciation is about right for a Hummer.

AeroSpeedMarine

i appriciate your info but i am a used car dealer as well manhiem report shows 6 sold ranging from 38700 to 41600 with most of them lease vehicules ranging from 18k to 28 thousand miles and lease vehicules normally are not lux models i didnt buy it for sticker i know the dealer and purchased it for 500 over invoice i purchased the ext warranty for 2160 and i also added 4500 in extras tv,s and chrome.
i am also not buying a vehicule from the dealer giving me 42 i am wholesaling it to him maybe he has a buyer for it i dont know i hope know one thinks im bieng sarcastic just answerng all questions i was in the car buisness from 1995 to 2006 my father was in the buisness from 78 to 01 ending as a owner of 6 dealerships so i eat sleep and lived in the car buisness so i understand what you were saying thanks for the replys guys...

long duck dong

Sell that baby for $42 or keep it and drive it...lol.....Your probobly right the 6 that sold in that $$$ range on MMR were lease returns which ALWAYS fetch more than trade in's or repo's. I tend to think the vehicle that bring that much more are also Bling'ed out with TV's, big chrome aftermarket wheels and so on...I searched by region too....not a national search....

I recently took a beating on a 06 H3 that my wife HAD TO HAVE....bought it at the Adesa Auction here in B'ham, she drove it for 2 months.....and back to the auction the H3 went...I got off lucky and took a $1500 beating which is still less than 2 months of car paymnents....lol