mustang02
forum member
- Joined
- Apr 18, 2012
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My Dealership has signs all over the building and in the service area. Take your vehicle in for service and see "Talk to us about our vehicle buy back program".
I have it listed for 22.5k on Craigslist to weed out the tire kickers. When the dealership called they said over the phone thats what theyd give me and they are serious buyers with cash. Rick hendrick chevrolet is the dealership.
While not a scam, remember that any time you sell a car to a dealer or trade it in, you will get less than market value for it. After all they're just going to turn around and re-sell it to net the difference between what they talked you down to and what the true market value of the car is.
I've had people claim to get market or over value on a trade in but you can bet your ass if that's true, the dealer made up the difference overcharging for the new one.
Every car I've ever bought I've had either the local dealer or the dealer I bought it from send me letters about how my model is in short supply and they want to buy it back. Be very careful here.
Exactly! I don't have time to list it, deal with tire kickers, etc.Very true, but when I buy a new car, I'd rather trade my old one in and "pay" the dealer to sell it than dick around with listing the vehicle for sale myself.
I like it when they fake cringe and say.. "well, I have to go ask my manager if they can do that". Lol.. BS.. they know from the minute you ask what their bottom dollar is
That "have to go talk to the manager" means he is going for a smoke break and going to try to make you think they are going to bat for YOU.. Lol..
Very true, but when I buy a new car, I'd rather trade my old one in and "pay" the dealer to sell it than dick around with listing the vehicle for sale myself.
Yeah, that's an individual choice but sometimes the difference between trading and selling yourself can be a thousand $$ or more. I'm too cheap to let that go! I don't find selling a car all that burdensome. The last one I sold ('02 Lexus IS300), I didn't even take out an add, just posted it on an IS forum and ended up with buyers lined up 5 deep. Got $1500 more for it than I would have trading it in.
That was enough to pay for my Brembo brake package!
Something to bear in mind. If you sell your car, you make more $$$, but if you trade it in through the dealer, it cuts down the sales tax on the new car. If the taxable purchase drops from $30K down to $15K, you could save close to $1K in taxes. Just an example. Actual results may vary.