Am I crazy, or is the dealer?
#21
Registered
Thread Starter
Thanks for the info guys, turned into a good informative thread.
#22
Registered
Join Date: Oct 2011
Location: Boston
Posts: 56
Likes: 0
Received 0 Likes
on
0 Posts
went to local chevy dealer and just paid $20,800 for 2012 2500 hd work truck no extras power widows, locks and stereo that's about it for options and with 111k on it so 20k for yours is crazy
#23
Registered
It would appear that the dealership is trying to start out with a potential 45% margin if you were to jump on their off at 20K when they go to move it onto another owner... or they already had another buyer in mind - seen that too B4!
#24
Registered
American dealers are buying as many Canadian trucks as they can get due to the exchange rate, I just sold a Hemi Ram for $5000 more than I could get in Canada.
This may have something to do with it
This may have something to do with it
#25
Actually odometer rollback is done easier now than ever. Laptop plugged in under the dash and just type in the mileage you want to see!
#26
20K is insane on that truck..... Do you have a Carmax in your area? They will put a number on it whether you buy from them or not, then you can use that as leverage in your trade negotiations elsewhere.
I went to Carmax Sunday with a 2010 F150 Lariat Crew/2WD and they hit the truck at 21K (58K miles). I bought the truck brand new as a leftover for 30,900 at a fixed price/no haggle Ford dealer (MSRP was 40,525, truck was new but sat on the lot for almost a year).
Traded the truck for a new Honda Accord Coupe for my kid. I just brought the trade and $909 for the new car! I was thrilled! Honda dealer also hit the trade at 21K also but I got $1260 sales tax credit by trading it to them. So my trip to Carmax was an hour waste of time (this time) since the Honda store paid the same without even knowing about the Carmax offer.
I went to Carmax Sunday with a 2010 F150 Lariat Crew/2WD and they hit the truck at 21K (58K miles). I bought the truck brand new as a leftover for 30,900 at a fixed price/no haggle Ford dealer (MSRP was 40,525, truck was new but sat on the lot for almost a year).
Traded the truck for a new Honda Accord Coupe for my kid. I just brought the trade and $909 for the new car! I was thrilled! Honda dealer also hit the trade at 21K also but I got $1260 sales tax credit by trading it to them. So my trip to Carmax was an hour waste of time (this time) since the Honda store paid the same without even knowing about the Carmax offer.
#27
Registered
$20k is crazy low! Just for the hell of it, I just did the Kelley Blue Book on my 2008 2500HD Duramax Southern Comfort Conversion with 33K miles (conversion wasn't an option to choose so I just selected options as close as possible). The high trade number came back at $41,635 and private party sale is $42,603. Doesn't seem right that there is only a $1k spread.
#28
VIP Member
VIP Member
Join Date: Aug 2010
Location: Stockton, CA
Posts: 153
Likes: 0
Received 0 Likes
on
0 Posts
One thing that hurts trade in Value to dealers is the ability for them to re-sell the vehicle if it wont qualify for factory certification.
Given that GM certified programs are for vehicles under 5 years or 50,000 miles, once they pass that mark the resale in the Dealer network become more competitive and harder to sell .
Most dealers now wholesale vehicles over 100k because they are getting hard to finance and harder to offer extended warranties on them. Dealers also figure reconditioning of those trucks at 3k due to common needs.
Yes your mileage gets a double knock .. But that is still the most popular HD truck being sold right now so pursue another (larger) GM dealer . You should be able to grab another 8k-10k
Given that GM certified programs are for vehicles under 5 years or 50,000 miles, once they pass that mark the resale in the Dealer network become more competitive and harder to sell .
Most dealers now wholesale vehicles over 100k because they are getting hard to finance and harder to offer extended warranties on them. Dealers also figure reconditioning of those trucks at 3k due to common needs.
Yes your mileage gets a double knock .. But that is still the most popular HD truck being sold right now so pursue another (larger) GM dealer . You should be able to grab another 8k-10k
#29
Registered
Many, not all, new car dealers put a limit on what sort of mileage they will sell a used vehicle at retail.So, if it's not retail for them, they have to deal with wholesalers, which puts a big hit on the 'trade in' price with them.
Or, it's simply not something they are interested in, for what ever reason.
Or, they are smoking crack....hah.
Shop around
BTW: Is your truck 2wd or 4wd ? Reason for asking, I'd make an offer better than that dealer...LOL.
Or, it's simply not something they are interested in, for what ever reason.
Or, they are smoking crack....hah.
Shop around
BTW: Is your truck 2wd or 4wd ? Reason for asking, I'd make an offer better than that dealer...LOL.