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Am I crazy, or is the dealer?

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Old 11-10-2015, 02:24 PM
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Originally Posted by thirdchildhood
The mileage is killing the value and you can't roll back odometers anymore. My 2008 F-150 that I bought new only has 50,000 miles.
When KBB says $35K and the dealer offers $20K, something is off. Obviously, they do not want it.

Thanks for the info guys, turned into a good informative thread.
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Old 11-10-2015, 02:24 PM
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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
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Old 11-10-2015, 03:05 PM
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Originally Posted by frickstyle
When KBB says $35K and the dealer offers $20K, something is off. Obviously, they do not want it.

Thanks for the info guys, turned into a good informative thread.
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!
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Old 11-10-2015, 03:39 PM
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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
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Old 11-10-2015, 03:46 PM
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Originally Posted by thirdchildhood
The mileage is killing the value and you can't roll back odometers anymore. My 2008 F-150 that I bought new only has 50,000 miles.
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!
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Old 11-10-2015, 03:52 PM
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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.
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Old 11-10-2015, 04:01 PM
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$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.
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Old 11-10-2015, 04:35 PM
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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
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Old 11-10-2015, 05:42 PM
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Originally Posted by SB
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.
My family is in the car business , it's true, the miles are to high for there lot so they would bring there whole sale scab in to unload it. So they give it away to them because they stole it from you. The only thing I can tell you as a word of advice. Just remember if they give you 20k on trade that's 20 k less of taxable vehicle when you buy the next one. Do the math and see if it works for you. Good luck. As a end note, you got to admit that it's not as bad a a boat.
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Old 11-10-2015, 05:46 PM
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Originally Posted by Jupiter Sunsation
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!
yeah good luck with that,,,you can program the IPC to any mileage you want,but give me 2 minutes with my scanners and I will tell you the actual miles ,,
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