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So to put things in perspective, there are 3915 2026 and 1413 2025 Escalades on dealer lots ranging from $90K - $250K….I think people are making much to to about nothing….dealers know how to manage there business through Feast and Famine. I think those who are waiting and expecting some market collapse on C8’s are going to find themselves missing out on some current good deals...
Because I ordered a 26 Eray on 6/6/25 at which time per KBB tradein was $75k. Now it is $60k and my Eray while at status 3000 has no build week so it could be 3-5 months before it arrives at dealer at which time trade could be $50k. ie $25k more plus $2175 more taxes so yes I do worry now.
You would be fortunate to get $50k for any '21 five months from now.
You missed my point which is I am getting a 26 Eray so tradein matters. I have enjoyed my 21 for 5 years and was just suprised it dropped $15k in 2 months
No one is obsessing....
If you don't need your 21 why not sell it now? I doubt it will be worth more several months from now. CarMax and Carvana both pay quick and Carvana will pick it up and give you a check on the spot.
Lop off another 10k from any on line trade in evaluation. MMR in your region is more or less what you'll be offered unless they're screwing you on the new car you want.
That's why you should never bring up a trade until you make the deal. Then use the trade as leverage to leave.
Lop off another 10k from any on line trade in evaluation. MMR in your region is more or less what you'll be offered unless they're screwing you on the new car you want.
That's why you should never bring up a trade until you make the deal. Then use the trade as leverage to leave.
that works on inexperienced sales people, the experienced and those that listened during training are trained to qualify the customer and 100% ask that question prior to negotiating
Massive depreciation, just massive. So massive it has to be the most massively depreciated thing on the planet. Because of this I have some questions that demand an answer. How can something depreciate so massively? I makes me wonder what I would do with all of that money had my C8 not so massively depreciated. Flying private would be nice. Owning a chateau in France might be nice. Maybe a super yacht on the Mediterranean where I could sip champagne and unwind with supermodels tanning on the deck. Do supermodels even exist in todays world?
2025 C8 Stingray of the Year Finalist - Unmodified
St. Jude Donor '12-'13
I am confused about anyone being surprised at a mass produced car losing it's value. What were you expecting it to do? If you take out the foolish purchases of people paying above MSRP, it appears the C8 is depreciating in the same manner all the previous generations have.
They are built to drive and enjoy, not to be investments....
that works on inexperienced sales people, the experienced and those that listened during training are trained to qualify the customer and 100% ask that question prior to negotiating
It has nothing to do with experience or training, neither of which can help detect a skillful lie. They’re gonna lie to you so turn about is fair play. Don’t hesitate. It’s your only sure way to even the odds. All is fair in love, war and car buying, at least on the customer’s side of the deal. Even so, the dealer still has a leg up on you.
that works on inexperienced sales people, the experienced and those that listened during training are trained to qualify the customer and 100% ask that question prior to negotiating
They always ask me about a trade in and I always tell them to ignore a trade-in when we're negotiating a deal. If we establish a final price that we're both good with then I'll ask them what they would give me for my trade in. If I don't like the price then I'll sell it somewhere else. If they wouldn't negotiate without including a trade-in then I'd go somewhere else.
They’re gonna lie to you so turn about is fair play. Don’t hesitate. It’s your only sure way to even the odds. .
Different strokes, for many of us being honest is more important than getting a deal.
If I had to lie to feed my family or something like that I very strongly suspect I would, but not for a deal on a car/toy that no one actually needs.
Different strokes, for many of us being honest is more important than getting a deal.
If I had to lie to feed my family or something like that I very strongly suspect I would, but not for a deal on a car/toy that no one actually needs.
Trying to even the odds by learning exactly how you’re spending your hard earned money is not being dishonest by any stretch. You’re not trying to cheat the dealer unfairly or steal something you’re not entitled to. You’re simply trying to arm yourself with enough knowledge to help make an informed decision, which in most cases is unavailable any other way.
Having said that, I’m sure most dealers wished more folks thought as you suggest!
It has nothing to do with experience or training, neither of which can help detect a skillful lie. They’re gonna lie to you so turn about is fair play. Don’t hesitate. It’s your only sure way to even the odds. All is fair in love, war and car buying, at least on the customer’s side of the deal. Even so, the dealer still has a leg up on you.
Don’t ask me how I know.
and I know too - you play that card and now your trade is at wholesale value - I know the game
They always ask me about a trade in and I always tell them to ignore a trade-in when we're negotiating a deal. If we establish a final price that we're both good with then I'll ask them what they would give me for my trade in. If I don't like the price then I'll sell it somewhere else. If they wouldn't negotiate without including a trade-in then I'd go somewhere else.
and now your trade is getting wholesale value, the ‘trade + discount’ game has been eliminated. So you go to another dealer and play the same game - big deal- they all buy the cars from the manufacturer at the same price
and now your trade is getting wholesale value, the ‘trade + discount’ game has been eliminated. So you go to another dealer and play the same game - big deal- they all buy the cars from the manufacturer at the same price
I apologize, it’s hard for me to tell from your posts. But y'all do realize don’t you that true wholesale ACV is all any dealer puts in a trade, ever. Anything more than that is simply fluff (aka overallowance) that he would have negotiated off the front end of the deal anyway if you’d had no trade.
There’s no need to worry about taking food off the dealer’s table; you’re just hoping to buy him top sirloin rather than filet. Other than maybe misrepresenting a mechanical defect on your trade that only you know about, nobody ever successfully gets over on a dealer so don’t worry. And these days they even have you sign a legal disclosure attesting that you aren’t doing that!
they all buy the cars from the manufacturer at the same price
There's a lot more in play than just the invoice price the dealer has from the manufacturer.
I've purchased 5 cars over the past 3 years, without a trade on any of them. 3 of them I paid cash as well, so no financing spiff for the dealer. The other 2 I financed about 60% of the purchase price.
Timing in the market is critical, as is knowing the details of how the system the dealer is working within, actually works.
The best example I have of this is when I bought my daughter her 1st car about 20 months ago .... a new 2023 Challenger GT. After 2 days of negotiating, we landed at 44% off MSRP due to the amount of inventory they had on their lot, incentives the manufacturer was giving, additional rebates I had available to me, no trade muddying up the numbers, and good 'ole fashioned negotiating, including a willingness to walk away ... which I actually did on day 1 (to the hearbreak of my daughter!). After walking, I reached out to the GM that evening, and he met me the next morning where we were able to come to an agreement on the vehicle.
This was a cash deal, even though the PO states financing ... $39,085 MSRP with an agreed cash price of $22,031
good advice.
