Trade Ins?

I'm still trying to sell my 98 Ram Quad cab. Dealer trade-in on it was only $2K. Realistic KBB on it was $5K. So I figured I would try to sell it on my own before my truck gets delivered. I have at least 4-6 more weeks before my truck arrives. If I can't sell it, I'll just trade it in.

I think that the best thing to do is look up some comparable cars on craigslist and other used car sites online. You can also get a quote from the dealer to see how much they will give you for it. After that it is simply a matter of deciding which one will be more lucrative.

It might be easier to trade it in than find a buyer.

I am not trading anything in to get the Diesel Ram

Accused said:

So before I place my order for a 1500 Ecodiesel I need to decide what to do with my current rig, a Ranger FX4. My question is how many of you traded something in on your Ecodiesel, did you feel it was worth it?

The only reason I ask is becasue I'm wondering if I could get a better price for my truck on the used market than I would trading it in on something new...

Just looking for opinions/anecdotes...

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I will put my 2010 tundra on craigslist as soon as i pick up my new truck. Im hoping to get $20k for it. The dealer would not pay any more than $15-16k. Trade in is subtracted from the total before tax so it lowers your tax amount which is good. You have to make sure the tax savings compensate for a lower trade in amount. In my case they did not. Dealers are not too eager to give good deals on trade ins knowing what hot commodity these ecodiesels have become.

I have two cars to trade in....2003 Jeep Wrangler and 2001 Audi TT......I have been low balled by the dealer and I told him what I thought of it.......may be going this week to see if they are willing to give more.......I really don't want to go thru the hassle of selling two cars!!

Ramalamadingdong said:

I'm still trying to sell my 98 Ram Quad cab. Dealer trade-in on it was only $2K. Realistic KBB on it was $5K. So I figured I would try to sell it on my own before my truck gets delivered. I have at least 4-6 more weeks before my truck arrives. If I can't sell it, I'll just trade it in.

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that would be the smarter thing to do. dealers will never give you good value for your cars.

From my experience I know they will low ball the heck out of you, understandable though, they do want to make a profit and it's quick cash to you. But i advise anyone who has the patience to sell privately .

tugboat said:

that would be the smarter thing to do. dealers will never give you good value for your cars.

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Especially "older" cars like that. New car dealers don't generally want older cars on the lot, so they sell them to wholesalers immediately. They will only give you a fraction of their worth because of this.

The Wrangler and the TT are both cult cars with strong followings. Advertise in the right places (forums, clubs, etc.) and they should sell farily well...and quickly if you price them right.

well they buy it for really cheap. sell it to the wholesaler and make a bit of money. wholesaler will sell it for a markup ontop of that to someone.

that is alot of middle men

Yeah, it's only fair on their part, they have to make money, can't do all this for free.

That's just more of a reason to skip them and sell the car yourself. I don't think it would be the worst to find a buyer for a Wrangler and an Audi TT. Ultimately it ends up being better for the buyer as well because you can undercut the price that used car lots are selling these vehicles for.

Dealers may have to make a profit, but you can always skip them and make that profit (or at least part of it) yourself.

it helps to get the car detailed nice and clean. take out any maintanence records you have. break down your maintanence schedule with them. if you are upfront it will sell easily. ive sold many cars before

Detailing is a big one, whether paying someone to do it or doing it yourself, it can make you more money in the end. And taking care of any obvious mechanical issues will help

besides tax savings believe ram was doing a $1k trade in credit too. so keep that in mind.

Thats not bad, anything helps really