Hwy. Robbery
Thread Starter
Racer
Joined: Aug 2003
Posts: 488
Likes: 0
From: TARPON SPRINGS FL
Hwy. Robbery
After test driving a c6 z06 [2007]fully loaded, atomic orange i had my taste buds opened for a new ride,but the dealer won:t budge ,75999 for a used 07 z with 2100 mi.I called kerbec in NJ.,new 08 z06s will be cheaper ,left over 07 list at 77,220, they discount 5000 .For my 06 c6 a6 3lt i was offord 32000 , what a smack in the face .Ill drive my vette into the gulf of mexico before i give it to him ,kelly blue book is 42700 wholesale and 47500 for sug. retail but the payment will be a mear 1650 per month for 84 months ,not.
Le Mans Master
Joined: Mar 2007
Posts: 6,666
Likes: 14
From: Mission Viejo CA
You will almost always get more for your car by selling it yourself. The economics of a trade-in...the dealer has to sell your car at a markup to make profit or break even. The dealer has fixed and variable costs associated with turning a trade-in.
Good luck on getting the Z, that would be a hoot.
Good luck on getting the Z, that would be a hoot.
Melting Slicks
Joined: Nov 2003
Posts: 2,312
Likes: 82
From: Ridgeland MS
St. Jude Donor '06-'07-'08-'09-'10-'11
Jack, don't drive you car into the gulf. That is way too easy in Tarpon Springs. Sell it yourself.
With cash in hand, then contact the dealers. I have seen offers of $7K off of sticker on some loaded '07 Z06s. Also consider a base Z51 car since some of the recent dyno runs posted here have them within spitting distance of the Z.
All else failing, just drive it for a while and enjoy the ride - You are in total control
With cash in hand, then contact the dealers. I have seen offers of $7K off of sticker on some loaded '07 Z06s. Also consider a base Z51 car since some of the recent dyno runs posted here have them within spitting distance of the Z.
All else failing, just drive it for a while and enjoy the ride - You are in total control
Team Owner
Joined: Aug 2003
Posts: 38,314
Likes: 35
Just find another dealer.The thing of it is, someone is likely to pay that dealer's asking price for that car. No need to get mad at him and no need for him to get mad at you, just move on.
A lot of the prices discussed in this forum are "unrealistic" in the sense that this forum is an "isolated" community. I like to call these "internet prices". Some of the deals we have seen discussed here, would be quite rare were one shopping locally depending upon where you live.
The average person shopping for a Z06 who is not a member of this forum, is probably going to expect to pay that kind of money for that car. And if he has it, will possibly pay it and think he got a great deal.
Team Owner
Joined: Jan 2007
Posts: 26,202
Likes: 29
From: northern california
Just find another dealer.The thing of it is, someone is likely to pay that dealer's asking price for that car. No need to get mad at him and no need for him to get mad at you, just move on.
A lot of the prices discussed in this forum are "unrealistic" in the sense that this forum is an "isolated" community. I like to call these "internet prices". Some of the deals we have seen discussed here, would be quite rare were one shopping locally depending upon where you live.
The average person shopping for a Z06 who is not a member of this forum, is probably going to expect to pay that kind of money for that car. And if he has it, will possibly pay it and think he got a great deal.
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Racer
Joined: Jun 2007
Posts: 308
Likes: 0
After test driving a c6 z06 [2007]fully loaded, atomic orange i had my taste buds opened for a new ride,but the dealer won:t budge ,75999 for a used 07 z with 2100 mi.I called kerbec in NJ.,new 08 z06s will be cheaper ,left over 07 list at 77,220, they discount 5000 .For my 06 c6 a6 3lt i was offord 32000 , what a smack in the face .Ill drive my vette into the gulf of mexico before i give it to him ,kelly blue book is 42700 wholesale and 47500 for sug. retail but the payment will be a mear 1650 per month for 84 months ,not.
From what I've seen on this forum is that Kerbeck is aggressive to sell new product but not strong on the trade value.
They probably feel that your '06 would compete with any remaining '07 that they are trying to blow out. They could resell yours but it would have to be cheap compared to a new or used '07 which I'd guess they have.
I don't think they are too interested in selling the used unless it'a a special, high demand model.
It's their choice.
Heel & Toe
Joined: Jul 2007
Posts: 21
Likes: 0
From: Sacramento California
Selling private party can usually yield a higher selling price. However selling to a dealer can be easier. Blue Book is NOT i repeat NOT a basis for the trade in price of the car. Not wholesale, OR retail. It is a LENDING guide for banks! If you want MORE for your trade from a dealer you have a couple options. Grind on them for more. Or find out what people are trading them in for in your area and then tell them where you could have seen more for your trade and they will take it from you. I sell cars for a living I know how all this works. If the first figure he gave you was 32k hes under allowing you. You most likely have an easy 2-5k bump in there dont fall for their acting! If you want some tips let me know.
Safety Car
Joined: Feb 2007
Posts: 4,939
Likes: 448
From: CHOCOWINITY NC
I think you're sadly mistaken if you think your car is worth that. Maybe to you, sure, but to a dealer it's a piece of meat. I think '06's can be had, at retail, for that wholesale number or less....
Advanced
Joined: Jul 2007
Posts: 92
Likes: 0
From: Lilburn Georgia
Try Ron Sanders .... Internet Sales, Tom Jumper Chevrolet in Atlanta and see if he'll deal on this black 2007 (if that's your color). I just bought a Machine Silver 2007 Coup from him at GMSP .... I think this car is going to be around $69 or $70K if he'll do that but can't say for sure he'll deal on a Z06. Good guy, straight shooter .... he'll give you his best price ON THE PHONE and probably get it to you some how in Tarpon Springs.
1G1YY26E875140359
http://www.tomjumperchevy.com/
1G1YY26E875140359
http://www.tomjumperchevy.com/
Safety Car
Joined: Jun 2004
Posts: 3,563
Likes: 2
From: Dallas Tx
Are you using KBB.com trade in value, good condition. I get mid 30's on a loaded 06 off that site. They may be lowballing a little bit at 32, but 42 is pie in the sky. The other big consideration is auction prices. If they can buy used C6's at auction in the low 30's, no way in heck would they give in the 40's for one off the street.
I think your best approach is look up KBB average private party sale price. Use good condition as a realistic number and try to sell it yourself for that price or a little less.
I think your best approach is look up KBB average private party sale price. Use good condition as a realistic number and try to sell it yourself for that price or a little less.
Heel & Toe
Joined: Jul 2007
Posts: 21
Likes: 0
From: Sacramento California
Are you using KBB.com trade in value, good condition. I get mid 30's on a loaded 06 off that site. They may be lowballing a little bit at 32, but 42 is pie in the sky. The other big consideration is auction prices. If they can buy used C6's at auction in the low 30's, no way in heck would they give in the 40's for one off the street.
I think your best approach is look up KBB average private party sale price. Use good condition as a realistic number and try to sell it yourself for that price or a little less.
I think your best approach is look up KBB average private party sale price. Use good condition as a realistic number and try to sell it yourself for that price or a little less.
Even using good condition private party is STILL not a good gauge of how much a dealer should pay for your trade! When they bring it in it has to be smoged ( if you have that in your state, mine does ) Safety, and reconded BEFORE IT CAN BE SOLD! This is usually a $2K+ venture on a NORMAL car. Seeing as how many dealer like to charge MORE for highline cars it could average much higher.
Here is an example. If private party is 40k in your area. Dealer takes in at 32k. Assuming that safety and recon are low at 3k that puts the dealer at OWNING the car for 35k. They must then mark the car up 3+k Sometimes more because people will come in and negotiate price so they have to make a profit somewheres...
Dealers dont lowball your trade just so they can make more profit. They do it because they have to go spend thousands of dollars to sell the car legally.
CF Senior Member
Joined: Feb 2006
Posts: 23,313
Likes: 25
From: Tucson Arizona
I'm not near as experienced as many others on the forum in selling or trading-in cars but I found used car prices reflected on Kelly Blue Book or Edmunds did not come close to what local dealers will willing to pay.
You're always better off to sell your car privately. A trade-in or financing a car purchase merely gives the dealer more tools to use to make a profit on. I don't fault the dealership, that's their business. IMO you only trade-in a car for convenience.
If you really have your heart set on a Z06 sell your car privately, then with cash in-hand, search for the right deal. Be willing to go out of state to find it.
Good luck!
You're always better off to sell your car privately. A trade-in or financing a car purchase merely gives the dealer more tools to use to make a profit on. I don't fault the dealership, that's their business. IMO you only trade-in a car for convenience.
If you really have your heart set on a Z06 sell your car privately, then with cash in-hand, search for the right deal. Be willing to go out of state to find it.
Good luck!
Drifting
Joined: May 2007
Posts: 1,407
Likes: 0
From: Canton/Detroit Michigan
I'm not near as experienced as many others on the forum in selling or trading-in cars but I found used car prices reflected on Kelly Blue Book or Edmunds did not come close to what local dealers will willing to pay.
You're always better off to sell your car privately. A trade-in or financing a car purchase merely gives the dealer more tools to use to make a profit on. I don't fault the dealership, that's their business. IMO you only trade-in a car for convenience.
If you really have your heart set on a Z06 sell your car privately, then with cash in-hand, search for the right deal. Be willing to go out of state to find it.
Good luck!
You're always better off to sell your car privately. A trade-in or financing a car purchase merely gives the dealer more tools to use to make a profit on. I don't fault the dealership, that's their business. IMO you only trade-in a car for convenience.
If you really have your heart set on a Z06 sell your car privately, then with cash in-hand, search for the right deal. Be willing to go out of state to find it.
Good luck!
It made me getting the 07 vette just that much easier. I also got one of the GMID discounts and had the dealer also subtract the price of the A6 as I wanted a manual. 42K out the door for 1Lt, auto, vy only options. That figure included the tax, dest, all charges but did not include my trade in. Seemed like a descent deal back in March.
Former Vendor
Joined: Oct 2004
Posts: 8,127
Likes: 1,656
From: Atlantic City NJ
First, let's be clear...he didn't get the trade offer from Kerbeck!!!!
I just read the post and even to me it sounded like we offered him $5,000 off MSRP and then the trade number. We are giving $5,000 off our remaining 2007 Z06s, but we didn't give him a number for his trade...that was the other dealer who wouldn't budge from the price of his used Z!
As far as Kelly and Edmunds, they're good guides, but they are usually behind the trends by a few weeks. Sometimes their high, sometimes, their low.
Most dealer go by weekly auction results. They track what a car has done at the auction over the past few weeks. Not only does this give a value, but it also shows if a particular model is trending up or down.
Dealer get these results from all over the country every day. It usually take a few weeks for the online sites to catch up with a trend.
Right now, Corvettes are trending down a bit. Probably the announcement of the new motor has caused a lot of trade ins so the supply is up. Also, with 0% on NEW 2006s and huge discounts on NEW 2007s, dealers at the auction are not willing to spend as much on the cars to put on their lots when it's so attractive to buy a new one.
I just read the post and even to me it sounded like we offered him $5,000 off MSRP and then the trade number. We are giving $5,000 off our remaining 2007 Z06s, but we didn't give him a number for his trade...that was the other dealer who wouldn't budge from the price of his used Z!
As far as Kelly and Edmunds, they're good guides, but they are usually behind the trends by a few weeks. Sometimes their high, sometimes, their low.
Most dealer go by weekly auction results. They track what a car has done at the auction over the past few weeks. Not only does this give a value, but it also shows if a particular model is trending up or down.
Dealer get these results from all over the country every day. It usually take a few weeks for the online sites to catch up with a trend.
Right now, Corvettes are trending down a bit. Probably the announcement of the new motor has caused a lot of trade ins so the supply is up. Also, with 0% on NEW 2006s and huge discounts on NEW 2007s, dealers at the auction are not willing to spend as much on the cars to put on their lots when it's so attractive to buy a new one.
Pro
Joined: Mar 2007
Posts: 534
Likes: 8
From: Worcester MA
St. Jude Donor '07-'08
First, let's be clear...he didn't get the trade offer from Kerbeck!!!!
I just read the post and even to me it sounded like we offered him $5,000 off MSRP and then the trade number. We are giving $5,000 off our remaining 2007 Z06s, but we didn't give him a number for his trade...that was the other dealer who wouldn't budge from the price of his used Z!
As far as Kelly and Edmunds, they're good guides, but they are usually behind the trends by a few weeks. Sometimes their high, sometimes, their low.
Most dealer go by weekly auction results. They track what a car has done at the auction over the past few weeks. Not only does this give a value, but it also shows if a particular model is trending up or down.
Dealer get these results from all over the country every day. It usually take a few weeks for the online sites to catch up with a trend.
Right now, Corvettes are trending down a bit. Probably the announcement of the new motor has caused a lot of trade ins so the supply is up. Also, with 0% on NEW 2006s and huge discounts on NEW 2007s, dealers at the auction are not willing to spend as much on the cars to put on their lots when it's so attractive to buy a new one.
I just read the post and even to me it sounded like we offered him $5,000 off MSRP and then the trade number. We are giving $5,000 off our remaining 2007 Z06s, but we didn't give him a number for his trade...that was the other dealer who wouldn't budge from the price of his used Z!
As far as Kelly and Edmunds, they're good guides, but they are usually behind the trends by a few weeks. Sometimes their high, sometimes, their low.
Most dealer go by weekly auction results. They track what a car has done at the auction over the past few weeks. Not only does this give a value, but it also shows if a particular model is trending up or down.
Dealer get these results from all over the country every day. It usually take a few weeks for the online sites to catch up with a trend.
Right now, Corvettes are trending down a bit. Probably the announcement of the new motor has caused a lot of trade ins so the supply is up. Also, with 0% on NEW 2006s and huge discounts on NEW 2007s, dealers at the auction are not willing to spend as much on the cars to put on their lots when it's so attractive to buy a new one.
Very well put. There is no way a dealer is going to pay much more on a trade than they can buy it for elsewhere. They are in business to make money not lose money.
Melting Slicks
Joined: Jul 2004
Posts: 3,495
Likes: 125
From: Kissimme now from LI,NY
I gotta ask WHY are so many with C6's looking to get into an '08.. I personally dont' see anything that would make me make the switch.. I'm coming from a '99 but only took the dive because my trade in was great or else I'd still be driving that..
/joe
/joe