Dealership wants to buy car good price or not..

[Kapy]

Agree with all except the Stingray. That thing is not very much car for 70k IMO. They only run mid-low 12s stock. 15 Z06 however would be a nice upgrade.

Yes to this all day long..... That is unless you can find a 13ZR1 for around 75 ish. But good luck on that cause I have been looking. Lowest new still in dealer inventory has hit about 105k. But plenty of low, low mileage options available.

But yes 15 Z06 is the current ZR1 but better!

 

[Kapy]

Hell O.P. should have just told us from the get go he won 100K. If that was the case if I had 150k plus another 54k there would plenty other cars in my sights other than a 2015 Stingray. Ummmmm, 911 Turbo S? Yes!

Not that it is any better than our GT500's, but a 14 Viper would also be on my list at this point.

Certainly would wait and put down deposit on 15 Z06 as well. But this guy went for a current Stingray???

Might as well put that slot money right down the toilet pal.

 

[Chris!]

My buddy is trying to by a 2012 GT500. It has 5k miles for $41k.

A 2012 with 38k miles? Be lucky to get 35k for it.

That's the real deal

Nada, kbb, Edmunds is all off.

Only thing that's close is
Tradein marketplace

 

[Hungdaknees]

I'm going to go put money down on a 15 z06

 

[GOTSVT?]

Pumping iron!!!

 

[dubbsfaris]

Why do I get this nagging feeling none of this actually happened? Lol

If it did, awesome for OP. all meant to be!

If not, well, most of us here are pretty loyal to Ford, SVT and/or Shelby. I think the new Z06 is a great achievement for GM, but this isn't really the forum to be discussing it.

I personally wouldn't want to be without ANY fun ride for 9 months.

 

[Hungdaknees]

...

 

[ZYBORG]

Wow, what an EPIC thread. So basically, thanks to selling the Shelby OP made 100K. Had he not sold it some other lucky bastard would have collected the money from the casino that day.

Congrats OP.

 

[big_ole_truck]

Can't fault a guy for getting out of something he doesn't like or want. Congrats to the OP for the $100k win. Enjoy the new C7 Z06 when it arrives.

 

[sb03cobra]

Is this the same dealer that put in a new engine for you?

 

[TBCobra]

Is this real life?

 

[cobra2701]

This thread brought the lols

 

[Poppacapp]

Now-a-days man, just being straight forward with you.
Bigger dealerships are going to 3rd party vendors to help with determining values for used vehicle (trade and what to sell them for).
One of the bigger systems (and the one we use) is V-auto.
It does everything we could possibly want it to.
Put it the VIN and miles and it determines, trim, shows carfax and autocheck.
Shows NADA, KBB, MMR and Edmunds (lists all factors- fair, good with trade, retail, private party... etc)

Then it also shows 500 mile radius v-rank (price and value-miles for price, etc) for the exact same vehicle (year, trim)... how long they have had it, how much they are trying to sell it for, miles, certified etc (it searches over 20,000 different websites for these vehicles---- autotrader, cars.com, dealership websites, ebay etc.)
And displays all the info.

Then it lets you plug in your numbers of how much profit you want to make on the vehicle when you go to sell it (front end- all dealers are different, when appaising a vehicle we set ours to $1,700)
PLUS it plugs in. allows you to plug in how much reconditioning to expect (doesn't matter how clean your car is, it will still have to go through dealerships inspection ($200 min) detail (sometimes will skip, but that is like 1 out of every 250 vehicles- $250)
PLUS any packs... all our used get packed $500 (to make sure you are set to make that $1,700 when it first goes online)


It might sound very complicated... and in fact it is... but over 95% of all people buying vehiclels now-a-days go online to shop first... so this allows us to appraise a vehicle in about 10 min doing the kind of research that would take someone 2-3 hours on that ONE vehicle...

Hope that helps...
Using this system also means that the price we put on our used vehicle online, is really not negotiable (since we have already set our parameters to make it a vehicle that someone will come in on--- because with so much online shopping, people wont even look at your vehicle if your not the cheapest or showing the most VALUE... PLUS the online price -and profit- go down every 2 weeks) (and no the price does not go down and stop at what we own it for, absolutely we will loose money and have it listed for far less than what we own it for (in hopes for a trade that we can hold on, or make the money back in finance/ warrantys.... but a no trade, cash buyer who comes in on that vehicle that is online for $2400 below what we own it for... we loose that $2400 on that deal... all about averages


Subsequently, we do actually have a GT500 in our inventory for sale

Neil Huffman Automotive Group - New and Used Acura, Honda, Mazda

I really appreciate the info! Good stuff! I noticed your 2010 is @40,000, which is about what I would expect by what I am seeing. I think 38,000-39,000 would still be a fair price to ask for on my 2012.

 

[BITDIFFERENTSVT]

I really appreciate the info! Good stuff! I noticed your 2010 is @40,000, which is about what I would expect by what I am seeing. I think 38,000-39,000 would still be a fair price to ask for on my 2012.

Perhaps (and honestly I don't know the market for them + that 2010 is not at the dealership I am at- its in the group though)

So based on the numbers discussed earlier, its a safe bet that when he traded in his base, 7k mile vert that HE was given (not what they own it for) $35k-$36.5k (since we have had it for over a month, so the $40k price it is online for was not the FIRST price we put it online for)

Also keep in mind the tax credit info I mentioned earlier in this thread (good info if your not already familiar with it and are trading yours in on something)

So IF your dealer uses modern tech for how they do business.. at your $39k number, they would have to be selling it for $42,500 or so (less profit mark-up, but faster turn)
Does that make sense for a dealer to market your vehicle for this time of year (again, I honestly do not know the market on these, and if yours is stock and are doing business at a Ford dealer, they will be able to certify it= more value)

 

[BrunotheBoxer]

 

[90goldtsiawd]

Wtf is going on in here?

 

[Curz]

Wtf is going on in here?

some jackass sold his car but he's a serious badass so be advised

 

[2001GTTT]

NADA is just a guide! Your trade should be based on auction results! Lots of cars can sell for close to the retail at auction depending on what it is. I'm sure that Chris can help you on this. Note that paint work, Miles, Time of year and condition always comes into play also.

you hit the nail on the head! just for example, we use manheim auto auction, and see what the particular car is bringing at the block, and base our trade value on that.

 

[90goldtsiawd]

vAuto is the shit!

 

[Chris!]

you hit the nail on the head! just for example, we use manheim auto auction, and see what the particular car is bringing at the block, and base our trade value on that.

Manheim is a good starting point. But there is one fundamental flaw.

That tool doesn't take into account the cars that didnt sell. Think about that for a second. Hypothetical- You have Tan cadillac come through- no Tan Cadillacs have been sold in the last 60 days through manheim- but you give that customer MMR average because its the same kind of car. But what you may not know, is that 6 tan Cadillacs went through the auction- and no one bought them, because no one wants or has a need for a tan cadillac.

Now you put the car on the lot, and you price it with all of the black, silver, and blue cars and it sits.

Unless Dottie and Al come back up from Naples florida and they happen to stumble into your showroom, it won't sell.

Just something to keep in mind, that I used to always advise my dealer clients