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View Full Version : Dealer people - Used car/trade in prices


davidrab
05-31-2011, 12:32 PM
So I wasn't really enthused with the WRX and decided for the heck of it to take it CarMax
and see what they'd give me for it. It actually wasn't half bad. I then took it over to the
dealer that I bought it from and it was even better.

Is there really that bad a shortage of used cars or is the WRX a rare case? I started to
look at used car prices (for what I might be interested in) and they don't seem all that
out of line so I'm wondering how trade in prices (or in this case an out right buy) could
be so good. Any thoughts?

Dave
SSLEVO
05-31-2011, 12:47 PM
I traded in my 09 civic si for 17k with 30k miles on it. You can buy a new one for 21k, so you could imagine my jaw dropped when they offered 17k. I think it has to do with the car itself, if it is car in demand they will pay the money to get it on their lot i guess.
Red97GTP
05-31-2011, 12:54 PM
Sporty/sports cars are in season right now too.
88Nightmare
05-31-2011, 12:54 PM
There is a shortage in general for used cars. most people are hanging onto cars for longer then they used to
Karps TA
05-31-2011, 01:03 PM
Depends entirely on dealerships and how quickly they think they can get rid of the car, or bury the money on it. Holz gave me $2K more for my Trailblazer then the 4-5 other dealerships I tried working a deal with.
Al
05-31-2011, 01:17 PM
One thing I find interesting about the used car market is how cars are holding their resale value better.

In 2003, I bought a 1992 Acura Integra (11 years old) for $2,700.
Today, an 11 year old RSX will cost about three times that.
SSLEVO
05-31-2011, 01:32 PM
One thing I find interesting about the used car market is how cars are holding their resale value better.

In 2003, I bought a 1992 Acura Integra (11 years old) for $2,700.
Today, an 11 year old RSX will cost about three times that.

You have to take inflation into the equation though, i highly doubt a 92 integra was more than 20k like an RSX was.
jamestown478
05-31-2011, 04:01 PM
they must be in a bad shortage because they offered me 6k for my 01 pt cruiser on a new hyundai
BoosTT
05-31-2011, 04:15 PM
they must be in a bad shortage because they offered me 6k for my 01 pt cruiser on a new hyundai

WTF.

Carmax offered me $1400 for an 03 PT Crusier touring edition with 130k miles in mint condition. This was in December 2010. I sold the car private party for $3100.
jamestown478
05-31-2011, 06:27 PM
WTF.

Carmax offered me $1400 for an 03 PT Crusier touring edition with 130k miles in mint condition. This was in December 2010. I sold the car private party for $3100.

lol I have a 2001 limited with 34k on it