vAuto is the shit!
Great tool, isn't it?
Live market data is what cars should be bought and sold with. Not the SWAG method
vAuto is the shit!
I didn't buy the car for a investment. Bought it to drive. And to your shithead remark go **** your self
Great tool, isn't it?
Live market data is what cars should be bought and sold with. Not the SWAG method
Is this the same dealer that put in a new engine for you?
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
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
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
Are they still using E-Pulse Track? (not sure if Huffman used that)
I used to work at Bill Collins Ford and Star Ford right down the street from you, Back in the early 2000's when I went to U of L.
Well, went up to the dealer today. As I expected, they came in with an off the wall lowball offer. They offered me $33,000 trade for my car. The used car manager showed me a list of local 2012's for sale retail. 1 of them curiously happened to be for sale for $37000.00. The rest were low-mid 40's. (Imagine that! )Which is what he based my trade value on. :lol1: I told them I wouldn't take any less than what I mentioned to them earlier($39,000).
I had printouts of all the local(within 300miles) 2012's for sale. The one for sale @ 37000, I asked him to go print the ad off for me.. I wanted to see it. He went back to the "desk", and came back without the ad, and mentioned the dealername that was selling it. I started search on my phone to get the phone number to call the dealer. Used car manager happens to then mention that the car sold 2 days ago. :bored: So the rest of the cars on his list were in the price range I already knew they would be in. I think he tried throwing a fake figure at me.
I got up and put my coat on.. told them I was in ZERO hurry to sell the car, and would put it in the trader for $40,000 and sell it pretty quick. Little back and forth reasoning from the manager etc etc etc. Bottom line, I stuck to my guns and he gave in and gave me exactly what I wanted for the trade.
Got this to replace it... slightly better fuel mileage(got 34mpg on the way home)
Well, went up to the dealer today. As I expected, they came in with an off the wall lowball offer. They offered me $33,000 trade for my car. The used car manager showed me a list of local 2012's for sale retail. 1 of them curiously happened to be for sale for $37000.00. The rest were low-mid 40's. (Imagine that! )Which is what he based my trade value on. :lol1: I told them I wouldn't take any less than what I mentioned to them earlier($39,000).
I had printouts of all the local(within 300miles) 2012's for sale. The one for sale @ 37000, I asked him to go print the ad off for me.. I wanted to see it. He went back to the "desk", and came back without the ad, and mentioned the dealername that was selling it. I started search on my phone to get the phone number to call the dealer. Used car manager happens to then mention that the car sold 2 days ago. :bored: So the rest of the cars on his list were in the price range I already knew they would be in. I think he tried throwing a fake figure at me.
I got up and put my coat on.. told them I was in ZERO hurry to sell the car, and would put it in the trader for $40,000 and sell it pretty quick. Little back and forth reasoning from the manager etc etc etc. Bottom line, I stuck to my guns and he gave in and gave me exactly what I wanted for the trade.
Got this to replace it... slightly better fuel mileage(got 34mpg on the way home)
They might have given you what you "wanted" for your trade but i guarantee they got you on your purchase. The play with figures to get what they want ultimately.
Cant believe you traded your shelby for that white turd. Damn, i thought i did a bad trade for hoping into my white turd.... Lol
I got one of them too...and they aren't turds! But I don't think I could ever replace a Shelby with it!
Good for you (and yes the system will still show a vehicle that may in fact of sold- find out when you click it- but still could have showed the market report on them)
Not a fan of whatever the hell that thing is your posted
They might have given you what you "wanted" for your trade but i guarantee they got you on your purchase. The play with figures to get what they want ultimately.
Cant believe you traded your shelby for that white turd. Damn, i thought i did a bad trade for hoping into my white turd.... Lol
:-/ that for a Shelby? No way for me but it also depends on your life style and situation. Hope your new one works out for the best!