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I’m curious if dealerships give avg or above avg value for trade ins when dealing with C8 customers. Obviously it’s going to vary but in general have any of you seen a trend one way or another?
For context I’ll be trading in a 2022 ZL1 manual with under 1000 miles
A dealer must make room for profit... you are probably better selling it privately, although this is a PIA... try sites such as Caravan, etc, shop around... you have a car that will sell quickly for a nice premium over MSRP. I'd guess retail on this car is between $90-100K...
I’m curious if dealerships give avg or above avg value for trade ins when dealing with C8 customers. Obviously it’s going to vary but in general have any of you seen a trend one way or another?
For context I’ll be trading in a 2022 ZL1 manual with under 1000 miles
I think right now most cars are bringing above normal trade value. I don’t think it matters if you are trading to a c8 or not
I’m curious if dealerships give avg or above avg value for trade ins when dealing with C8 customers. Obviously it’s going to vary but in general have any of you seen a trend one way or another?
For context I’ll be trading in a 2022 ZL1 manual with under 1000 miles
I sold my 2020 ZL1 to CarMax for $5k more than I paid for it before I picked up my C8…Caravana was $500 higher but I didn’t like the way they picked up the car than paid you later.
I sold my 2020 ZL1 to CarMax for $5k more than I paid for it before I picked up my C8…Caravana was $500 higher but I didn’t like the way they picked up the car than paid you later.
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Originally Posted by Big Lebowski
I sold my 2020 ZL1 to CarMax for $5k more than I paid for it before I picked up my C8…Caravana was $500 higher but I didn’t like the way they picked up the car than paid you later.
I thought Carvava paid you on the spot and it was Vroom that sent you payment around three days later. Anyway, $5K over what you paid is not a bad deal.
Traded in a 2005 SLK350 for $15k. KBB says trade in value is $12k. Dealer listed my SLK at $18k and sold at $16k so they made money on my trade-in but a lot of money on my no-wait-list premium priced C8.
I thought Carvava paid you on the spot and it was Vroom that sent you payment around three days later. Anyway, $5K over what you paid is not a bad deal.
Ahhhh….you might be right, lol…then it was vroom that had the $500 higher offer.
Sold my 2020 ZL1 to Carmax for $65k and change Dec 21. Car had approximately 4500 miles, A10, NAV, PDR.
Vroom offered more but Carmax wrote me a check on the spot.
Vroom was a PITA to try to deal with. They never returned a email or phone call.
My advice is, contact EVERY online car buyer (Carvana, Carmax, Vroom, AND others) and get the best offer.
THEN take THAT offer to your C8 dealer and see if they can beat it.
And also list it privately. I just sold our ‘16 Jeep Wrangler last month for $5k over the dealer offer and as much as $12k over the online buyers. Had it sold for full asking price within an hour of posting it online. The difference above the dealer’s offer more than made up the sales tax break I would’ve received trading in.
It all depends on where you live, in AZ you get a sales tax credit for the value of your trade. I pre-traded my Taycan on a GT3 that will be allocated sometime this year and it saved me around 9k in sales tax. In the end I got to drive the Taycan for 9 months for free as I got what I paid for it and the Porsche dealer made a few grand on the car. They were more than willing to pre-trade the car now as they are so light on used cars and keep the money on the books until my GT3 shows up. If I decide not to take the GT3 they will cut me a check that day for the money on the books.
OP. Don’t know where you are located but I have a dealer friend in Savanna Georgia, who is a car guy. He’ll do the research auctions and the like and give you a fair offer. Not a big deal to ship the car. He’s hungry for cars.
Easy to deal with. I just sold him a car, and it’s as easy as it gets.
So far I’ve gotten a 65k offer from Give Me The Vin
64k from my dealership but I’d also save 3k on taxes so 67k all in
carmax wants to see it first before offering, but they gave me 20k over for my CT5 Blackwing 4 months ago so I’m definitely curious what they would offer.
carvana, and vroom are waaaayyy off in the mid 50k area
The ones I see on auto trader are going for 70ish
only problem with my dealership is that he went from you’ll have it by April! To- I think we can get you a march allocation….probably. Lol
So far I’ve gotten a 65k offer from Give Me The Vin
64k from my dealership but I’d also save 3k on taxes so 67k all in
carmax wants to see it first before offering, but they gave me 20k over for my CT5 Blackwing 4 months ago so I’m definitely curious what they would offer.
carvana, and vroom are waaaayyy off in the mid 50k area
The ones I see on auto trader are going for 70ish
only problem with my dealership is that he went from you’ll have it by April! To- I think we can get you a march allocation….probably. Lol
CarMax in person appraisal is worth the time...otherwise your Dealer offer is best with trade in credit as you noted. A chevy store wants more chevy's to sell in this market.