2010 Trade In Value

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RavensFan79

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My dealer wants to give me $29,500 as a trade on my SHO for a 2012 GT I'm buying at invoice. The SHO is a loaded 402A car with 12,500 miles. Does that seem like a fair value?
 
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dbonds

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A lot depends on local market, etc, but considering I bought a loaded 402B 2010 SHO (with a couple of other options like 20" wheels) and 35k miles for barely more than that, I'd say it sounds fair.
 

Zrolimit

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rsuedin Life

My dealer wants to give me $29,500 as a trade on my SHO for a 2012 GT I'm buying at invoice. The SHO is a loaded 402A car with 12,500 miles. Does that seem like a fair value?

I would look at KBB and see what it's worth. They should be giving you the trade-in value from that, but I've run into a couple of shady "stealer-ships" lately that want to pay far less. Case in point...my 350Z books out at $12,500 and I had a dealership say they would only give me $8500. Other dealerships have went as high as $10500 and there's nothing wrong with the car (in fact, their are some pretty expensive pieces on it that would add even more value).
 

shaker281

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My dealer wants to give me $29,500 as a trade on my SHO for a 2012 GT I'm buying at invoice. The SHO is a loaded 402A car with 12,500 miles. Does that seem like a fair value?

Actually it sounds pretty reasonable, especially considering the invoice price on the GT purchase. On Edmunds or KBB you can price out a used 2010 with options at trade-in value. A fully loaded Ingot Silver 402A car w/ no PP and 12,500 miles prices out around $31K on trade-in. The exhaust, cai and tune are a wash. I would unload the tune and remove the cai and exhaust and sell them.

Don't forget that you will save a load on tax too. So 29,500 is probably closer to 31,500 on a private sale.
 
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way2evil

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I would look at KBB and see what it's worth. They should be giving you the trade-in value from that, but I've run into a couple of shady "stealer-ships" lately that want to pay far less. Case in point...my 350Z books out at $12,500 and I had a dealership say they would only give me $8500. Other dealerships have went as high as $10500 and there's nothing wrong with the car (in fact, their are some pretty expensive pieces on it that would add even more value).

KBB is absolutely useless. Anyone who comes into a dealership with a KBB number gets laughed at and taken advantage of for not knowing what they are doing.

You want the EXACT number the dealer will turn around and wholesale your car for? Go to galves.com.
 

Zrolimit

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KBB is absolutely useless. Anyone who comes into a dealership with a KBB number gets laughed at and taken advantage of for not knowing what they are doing.

You want the EXACT number the dealer will turn around and wholesale your car for? Go to galves.com.

Good to know. Thanks for the info!
 

j1mmyr1chter

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I just dealer purchased a 2010 SHO with 14k miles, and only paid 29k for it, so that trade in sounds pretty rockin to me, but what do I know, I just joined.
 

RonPorter

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KBB is absolutely useless. Anyone who comes into a dealership with a KBB number gets laughed at and taken advantage of for not knowing what they are doing.

You want the EXACT number the dealer will turn around and wholesale your car for? Go to galves.com.

+1

KBB is what you go to when you want to get more $$$ when the insurance company wants to total your car. I have no clue where they get their dreamworld pricing.

FWIW, I usually use NADA pricing. Closer to reality, IMO.
 

RavensFan79

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Actually it sounds pretty reasonable, especially considering the invoice price on the GT purchase. On Edmunds or KBB you can price out a used 2010 with options at trade-in value. A fully loaded Ingot Silver 402A car w/ no PP and 12,500 miles prices out around $31K on trade-in. The exhaust, cai and tune are a wash. I would unload the tune and remove the cai and exhaust and sell them.

Don't forget that you will save a load on tax too. So 29,500 is probably closer to 31,500 on a private sale.

The CAI and exhaust aren't being traded in with the car so maybe I'll get a little something back for them. Still debating the whole deal. I like my SHO but I miss driving a manual.
 

AmherstGuy

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KBB Pricing

When I traded my 2005 Ford 500, I took the KBB trade-in quote to the Ford dealership. When I bought (ordered) the 2011 SHO, the dealer gave me that trade-in price. BTW... I used the X-Plan when I ordered the new vehicle so the dealer didn't get a large markup on the new vehicle. So I was happy and the whole buying process was enjoyable.
 

shaker281

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The CAI and exhaust aren't being traded in with the car so maybe I'll get a little something back for them. Still debating the whole deal. I like my SHO but I miss driving a manual.

Good call, something is better than nothing.

I drive a manual when the temp is above 40 degrees (drag radials), but I welcome the break when I can kick back and just cruise too. Plus, the SHO make me not miss driving the GT500 so much.
 

2k7gtcs

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Driving the SHO makes me want to drive my Mustang that much more. I love the SHO, but I never think of it while I'm driving the Mustang.
 

RavensFan79

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So I traded the SHO in yesterday for a new 2011 GT500 with the SVTPP. I got $30k on my trade for the SHO returned to stock and the GT500 was priced at invoice. I think I made out pretty well. The SHO was a great car for the four months I've owned it but I really missed driving a manual.

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dbonds

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Wow - the intake on that Shelby Cobra looks like it could suck a smart car out of the next lane! :)
 

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