Trade in ?
Thread Starter
Safety Car
Joined: Jun 2006
Posts: 3,605
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From: Latrobe PA
Trade in ?
I found a new 2008 1lt coupe for 41,350. I am wondering if 35K is a good number for a trade? That is the figure I come up with from NADA. Mine is an 05 coupe 2lt, mn6 with 8000 miles in perfect condition with Corsa Extremes. Should I try to get them down a little on their asking price or take this deal if they accept it?
Thanks for all of your help.
Thanks for all of your help.
Team Owner
Joined: Aug 2002
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Tech Contributor
Cruise-In 11 Veteran
NCM Ambassador
St. Jude Donor '05-'06-'07-'10
I found a new 2008 1lt coupe for 41,350. I am wondering if 35K is a good number for a trade? That is the figure I come up with from NADA. Mine is an 05 coupe 2lt, mn6 with 8000 miles in perfect condition with Corsa Extremes. Should I try to get them down a little on their asking price or take this deal if they accept it?
Thanks for all of your help.
Thanks for all of your help.
Very fair price for your car in my opinion. If the '08 is what you want, take the deal. You could likely do a little better on the '08 depending on options but it will likely affect your trade.
Last edited by talon90; Nov 18, 2007 at 08:39 PM.
Racer
Joined: Mar 2007
Posts: 295
Likes: 2
From: Carroll County MD
I found a new 2008 1lt coupe for 41,350. I am wondering if 35K is a good number for a trade? That is the figure I come up with from NADA. Mine is an 05 coupe 2lt, mn6 with 8000 miles in perfect condition with Corsa Extremes. Should I try to get them down a little on their asking price or take this deal if they accept it?
Thanks for all of your help.
Thanks for all of your help.
Le Mans Master
Joined: Aug 2000
Posts: 6,486
Likes: 1,659
From: Las Vegas NV
I found a new 2008 1lt coupe for 41,350. I am wondering if 35K is a good number for a trade? That is the figure I come up with from NADA. Mine is an 05 coupe 2lt, mn6 with 8000 miles in perfect condition with Corsa Extremes. Should I try to get them down a little on their asking price or take this deal if they accept it?
Thanks for all of your help.
Thanks for all of your help.
$35k on trade for a 05 coupe? Take it, run, dont look back. I would *guess* they will offer closer to 28k-30k for your trade. The online sources are almost always high on trade in prices... at least in my experience.
Keep us posted...
Advanced
Joined: Sep 2004
Posts: 92
Likes: 2
From: VA
Tough Trade
Unfortunately, I don't expect you'll get $35K for your '05. Basically, one can buy an '08 like the one you're interested in for, like you, $41K+. Last week, the Manheim car auction prices for 06-07 vettes were $34k-$35K. Also, I was interested in trading up to an '08 so I investigated a trade as well. I was offered $34K on my '06 C6A6 w/12K miles on trade by 2 different C
hevy dealers. I think private sale won't be but $2K-$3K more, if lucky. Ironically, a Porsche dealer offered me $36.2K for my Vette if I bought a Carrrera. I'm still driving my '06. Good luck.
hevy dealers. I think private sale won't be but $2K-$3K more, if lucky. Ironically, a Porsche dealer offered me $36.2K for my Vette if I bought a Carrrera. I'm still driving my '06. Good luck.
Le Mans Master
Joined: Jul 2004
Posts: 5,043
Likes: 941
From: Bonney Lake Washington
Mine was alittle different
I traded in an '05 2LT (1SA?) on a new '07, not '08 which the dealer had at 45,900 (after discounts and rebates) and I took 33,900 for mine (6 sp manual, glass roof and grey wheels).....am very happy with loaded '07 (all options except NAV)
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From: N Carolina 08 Z51 Coupe
Advanced
Joined: Oct 2007
Posts: 90
Likes: 0
From: St. James NY
I just traded in a 05 coupe z51 with 14k miles on it for $34k. That was a good deal because 2 other dealers offered me 31k-33k. The mercedes dealer offered me 36.5K though. I would take the deal. Good luck
Team Owner
Joined: Jun 2005
Posts: 46,295
Likes: 2,596
From: Northern, VA
St. Jude Donor '15
"In honor of jpee"
If they can shave a bit on the 1LT and give you 35 for yours, yes, it's good. Even if they do nothing other than what your "book" sez, I'd say do it.
Melting Slicks
Joined: Oct 2006
Posts: 2,672
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From: Made in USA Show Me State
I'd do it for 6k. How you fiqure the trade or they come down on the new one, and then drive it off the lot like you stole it!
Supporting Vendor
Joined: Sep 2007
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From: Pensacola Florida GO GATORS!!! www.rlsebring.com www.c6c7vette.com
St. Jude Donor '17
I do hope you get 35K we need the values to stay as high as possible.
Melting Slicks
Joined: Jun 2001
Posts: 2,670
Likes: 9
From: Rochelle Illinois
C6 of Year Finalist (stock) 2019
You may get a trade in allowance of $35K,but in reality they are probably ony allowing $30k for your car and deducting $5k of MSRP of theirs.I traded my 05 in on my 08 in Sept and got $38.5K on trade in but the dealer came right out and told me my car was only worth $33.5K and the other $5K was coming off sticker.Then I followed the car when they sold it to a wholesaler for $33,500 and he took it to auction and got $35,000 for it to another dealer which I believe was getting it for himself as his lot only has sub $10k cars on it.Have not talked to him yet.
Last edited by BOB'S C6; Nov 19, 2007 at 02:18 AM.
