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Trade in values

Posted: Mon Nov 05, 2007 3:35 am
by Sputnik
Does anyone know how closely dealers stick to the blue book (or black book) values for trade ins? Thinking of trading Sputnik (sniffle sniffle) and the Canadian Black Book estimated the value between 9 and 11K for it. I thought that was kind of high... along the same lines, what Canadians have traded theirs in and how much did you get for it?

Re: Trade in values (Sputnik)

Posted: Mon Nov 05, 2007 3:39 am
by GrayFox
I don't know about Canadians but I thought dealers mostly used the Black Book Value. I would imagine they would steer closer to $9k I priced mine a few time a while back and the blue book listed mine at around $10k - $11k (I think). I have a few miles on her tho

Posted: Mon Nov 05, 2007 3:45 am
by northvibe
you deff. get more money selling it privately than to a dealer. they need to buy them cheap so they can mark them up and sell them...

Re: (northvibe)

Posted: Mon Nov 05, 2007 4:22 am
by engineertwin2
Quote, originally posted by northvibe »you deff. get more money selling it privately than to a dealer. they need to buy them cheap so they can mark them up and sell them...But selling through the dealer provides the convenience of selling it at the time you need the down payment. It depends on if you are willing to wait until you've sold your car first.As for selling Sputnik, *tear* what would you think of replacing her with?

Re: (engineertwin2)

Posted: Mon Nov 05, 2007 4:25 am
by Sputnik
2008 Vue. Or wait for a 2009 Vibe... but that requires waiting and I'm getting an itch... I've got $1500 GM points I want to use - so it will be a GM (and yes the GM points work on Saturn - at least in Canada they do).

Re: (engineertwin2)

Posted: Mon Nov 05, 2007 4:31 am
by northvibe
Quote, originally posted by engineertwin2 »But selling through the dealer provides the convenience of selling it at the time you need the down payment. It depends on if you are willing to wait until you've sold your car first.As for selling Sputnik, *tear* what would you think of replacing her with?yes but is convenience worth the 1-2 grand hit? depends on who you are and what you want......

Re: (northvibe)

Posted: Mon Nov 05, 2007 4:35 am
by Sputnik
Quote, originally posted by northvibe »yes but is convenience worth the 1-2 grand hit? depends on who you are and what you want......I thought about selling it privately, but after the hassles I've seen my friends go through - people coming back to them and complaining about this or that and trying to get money back, I'm not sure its worth it. Unless the dealer is really screwing me over, its likely I will trade it in.

Posted: Mon Nov 05, 2007 4:44 am
by northvibe
what the...people come back for a used car sale? hellz no. we sold our old windstar on carsoup.com it was smooth and got it sold fairly quick. if you sell it just state its as is, its the buyers responsibility to bring it to a mechanic to verify its mechanically sound...i wouldnt take crap from buyers...they have the choice

Re: (Sputnik)

Posted: Mon Nov 05, 2007 4:58 am
by engineertwin2
Quote, originally posted by Sputnik »people coming back to them and complaining about this or that and trying to get money back, I'm not sure its worth it. Unless the dealer is really screwing me over, its likely I will trade it in.When I sold my Volvo privately, I drafted a bill of sales contract for a car sale - available widely on the internet, just google it - and one of the provisos included in it was that there is no warranty with the car, explicit or implied, beyond any detailed aftermarket warranty included with the vehicle.I did provide them the option of adding an additional $100 to cover the extended warranty coverage transferred into their name. The car had 92k miles when I sold it and the extended warranty covered up to 100k miles. Still, at about 101k miles, they tried bothering me regarding a cooling line that had slipped off the radiator. They threatened to sue me, I offered them to attempt to and never heard anything again.A lawyer here at work reviewed the paper work I had drafted and stated I wouldn't be liable for any warranty work thanks to that bill of sale language. If you change your mind and decide to sell it privately, seek out some of this language. I probably still have the contract on my computer at home if you want.

Re: (engineertwin2)

Posted: Mon Nov 05, 2007 4:59 am
by northvibe
Quote, originally posted by engineertwin2 »When I sold my Volvo privately, I drafted a bill of sales contract for a car sale - available widely on the internet, just google it - and one of the provisos included in it was that there is no warranty with the car, explicit or implied, beyond any detailed aftermarket warranty included with the vehicle.I did provide them the option of adding an additional $100 to cover the extended warranty coverage transferred into their name. The car had 92k miles when I sold it and the extended warranty covered up to 100k miles. Still, at about 101k miles, they tried bothering me regarding a cooling line that had slipped off the radiator. They threatened to sue me, I offered them to attempt to and never heard anything again.A lawyer here at work reviewed the paper work I had drafted and stated I wouldn't be liable for any warranty work thanks to that bill of sale language. If you change your mind and decide to sell it privately, seek out some of this language. I probably still have the contract on my computer at home if you want.That is a fantastic idea and way to sell...I shall remember this and tell my parents so if we sell a used car again, we can use this same method. Awesome! thanks for sharing that.

Posted: Mon Nov 05, 2007 5:16 am
by ramenboy...
sorry to see the vibe go...if you do buy soon...i saw the new vue and they're really pretty nice now! was never a fan, but i do like the new design.good luck!

Re: (ramenboy...)

Posted: Mon Nov 05, 2007 5:18 am
by kevera
Wait till just after the new year for the new Vibe.

Re: (Sputnik)

Posted: Mon Nov 05, 2007 5:19 am
by engineertwin2
Quote, originally posted by Sputnik »2008 Vue.Hybrid? That's the hybrid I want is the Vue...It'll never happen though. The fiancee wants the Escape hybrid. I'd probably push for the Mariner hybrid because of the number of included options for a "slightly" higher price (more bang for the buck, even if it is more buck).

Re: (engineertwin2)

Posted: Mon Nov 05, 2007 5:30 am
by Sputnik
Yes leaning towards the Hybrid. The hubby wants a hybrid - me, I don't care so much, although I suppose I should since I now use a vehicle to commute (and never did before June of this year).Honestly, I'm not sure I can wait for a new Vibe. I have $750 coupons from GM to use by Jan 2nd if I want to use them (and you get a $200 Visa giftcard if you do use them)...

Re: (northvibe)

Posted: Mon Nov 05, 2007 5:33 am
by kunkstyle
Quote, originally posted by northvibe »That is a fantastic idea and way to sell...I shall remember this and tell my parents so if we sell a used car again, we can use this same method. Awesome! thanks for sharing that. In Alberta/Saskatchewan (and I assume other parts of Canada) you can get those bill of sales directly from the Registry.

Posted: Mon Nov 05, 2007 11:42 pm
by sk8r78
Just a little snipit that my solve your hybrid choice The new Matrix has been set up to accept a hybrid system so that May transfer over to the Vibe as well as Pontiac does not have a Hybrid in thier stable. Then you could have all the Vibe has to offer plus Hybrid drive. I've sold every vehicle I've owned, out right and really never had any hassles doing it, well worth the extra 1000 - 2000 you get from private party sale. Don't be in a hurry to sell it. Just be set on what you want for it and what you'll take for it.