Good trade-in?
Thread Starter
Burning Brakes
Joined: Jan 2001
Posts: 777
Likes: 120
From: CT
Good trade-in?
I was offered $55,000 for my 2015 Z51 2LT A8 Laguna blue/Kalahari with front Xpel. 5800 miles and pristine condition. For this purpose, assume I can get best pricing on a new Z06, and it's not going to be offset.
What think the folks here?
Thanks.
What think the folks here?
Thanks.
Safety Car
Joined: Oct 2014
Posts: 3,543
Likes: 854
Corvette sales are down, as well as most car manufacturers sales are down.
Trucks and SUV's are the hot item.
I am sure you will find someone to deal. Be sure to take the trade ASAP before the deal fades away or the dealer changes his tune.
Trucks and SUV's are the hot item.
I am sure you will find someone to deal. Be sure to take the trade ASAP before the deal fades away or the dealer changes his tune.
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Race Director
Joined: May 2006
Posts: 16,854
Likes: 535
Give us the price on the Z06 then we can determine what kind of deal you got. The trade figure alone means little.
Burning Brakes
Joined: Aug 2013
Posts: 998
Likes: 122
you need to talk to dealers. on cars.com i see one dealer in miami offering 11 percent off a 2016 z06, but nearly 20 percent off a base lt1 automatic. he shows a $2000 loyalty discount for the base car available until june 30th, but not available on the z06, so there seems to be some details you'll have to research. can you sell your current car outright and still get loyalty discount if it's available when you buy the z06? is the 55,000 offer based on a trade in or is it outright sale? in your state, can you roll the sales tax difference into your new car purchase if you don't trade it in or not? lots of details we can't give you.
Race Director
Joined: Oct 2011
Posts: 15,061
Likes: 1,613
From: Holly Springs NC
St. Jude Donor '16-'17,'22,'24
Hate to say it, but this is correct. It's not what they offer on the trade, it's the difference you'll pay for the new Z06. That's where the rubber hits the road. However, you are off to a good start.
Team Owner
Joined: Mar 2012
Posts: 49,388
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From: Best Island in the U.S.
St. Jude Donor '12 thru '17
Pro
Joined: Jun 2004
Posts: 515
Likes: 42
From: Littleton CO
The OP said "assume I can get the best price on a new Z06". Maybe he gets GM Employee pricing, so the cost of his new car is the same at any GM dealer. Thus his only variable is the trade in value. Maybe his only decision now is trade in or sell privately. (I've been in that situation). Of course if someone is in fact negotiating on both sides, then the net is all that matters, as many folks have said.
Melting Slicks
Joined: Apr 2016
Posts: 3,109
Likes: 697
From: CA
They aren't going to pay more for a 300 mile car than a 3000, it just doesn't matter to 99% of buyers and they are already selling 14's and 15's in the low 50's
Last edited by Pacembellum; Jun 3, 2016 at 09:29 AM.
Thread Starter
Burning Brakes
Joined: Jan 2001
Posts: 777
Likes: 120
From: CT
The OP said "assume I can get the best price on a new Z06". Maybe he gets GM Employee pricing, so the cost of his new car is the same at any GM dealer. Thus his only variable is the trade in value. Maybe his only decision now is trade in or sell privately. (I've been in that situation). Of course if someone is in fact negotiating on both sides, then the net is all that matters, as many folks have said.
Racer
Joined: Jun 2011
Posts: 339
Likes: 47
From: Universal City, TX (San Antonio)
Syber
Intermediate
Joined: Oct 2010
Posts: 42
Likes: 9
I got $55500 for my 2015 Z51 2LT Red with Blk @6000 miles on it. Sold my carbon fiber roof for $2000 separately. I paid @$64000 new with my discount.
Last edited by hrbreeze; Jun 3, 2016 at 11:36 AM.