DragonRider

On Fri, 23 Jan 2004 07:41:59 GMT, "Nathan Collier"
<JeepMail@7SlotGrille.com> wrote:

>i paid just over $30k for mine fully dressed (dual tops, a/c, automatic
>tranny, cruise, 7 speaker, the works) about 8 or 9 months ago and tried
>selling it for $23,800. best i could do was around $21,000 so i decided to
>just keep it. they dont seem to hold their value like i had hoped, i just
>dont believe a vehicle loses $33% of its value in less than a year. 20%
>maybe, but not 33%.

On most vehicles after 9/11 that's pretty much in the ballpark. Why?
0% programs! The same ones you love to get are the ones that are
destroying your used car market values. Reason: Payments! You can't
get a 0% interest rate on a used car. The best rates out there are
3.5% (if you are the top-tier in credit you may get this) and the
average on a 1 year old used car is around 5.5-6.5%. That means that
a person would have to be sure that buying a new car wasn't cheaper
than buying a used car. Frequently it is!

To sell a used vehicle you must make sure that the price of that used
vehicle is typically less than that of a new vehicle. It must be low
enough that the average used car payment is far enough less than a new
car payment to warrant consideration. If you save up to $4,500-6,500
on interest alone (not hard to do with average interest rates on a
$25,000 vehicle) then you have to take that off of the lowest price
for that kind of vehicle. From there, you have to discount it further
since taking that $4,500-6,500 would only have you match the payments
on a new one. Then you take into consideration that the vehicle is
used, pre-titled, etc. That means it's worth less than a comparable
new vehicle. To wit, yes, the values can easily drop 33% in the first
year.

If you REALLY want a tax write-off try most any of the current Ford
'fleeters'. Focus, Taurus, Explorer (god help those who are nuts
enough to buy a 2-door Explorer Sport) and the Sport Trac. Those
things can lose as much as 65% as soon as you sign on the title and
drive off the lot. For instance, MSRP on a Taurus SES? $26k. Drive
off the lot and you are in an $8,500-9k car. Tops. The fleets made
damned sure of that.

Oh, and god help those in old-body style Blazers after the new
trailblazer came out. They are generally buried in them around $7,500
or more.

Daniel Bibbens

DragonRider <DragonRider1@comcast.net> writes:

> On Fri, 23 Jan 2004 01:03:17 -0500, "JW" <jw1@wanghome.com> wrote:
>
> Not sure about Chryslers marketting program but with most
> manufacturers you get EITHER the rebate OR the 0%, not both. Edmunds
> is horrible about trying to tell everyone they get both. The dealers
> can't offer what they can't get themselves. As stated above, I'm not
> sure about Chrysler's programs.

I just bought an '04 Sport and got both 0% and $2K rebate. I was also
upsidedown on a '99 Land Rover Disco.

--
-db-

Daniel Bibbens

DragonRider <DragonRider1@comcast.net> writes:

> On Fri, 23 Jan 2004 01:03:17 -0500, "JW" <jw1@wanghome.com> wrote:
>
> Not sure about Chryslers marketting program but with most
> manufacturers you get EITHER the rebate OR the 0%, not both. Edmunds
> is horrible about trying to tell everyone they get both. The dealers
> can't offer what they can't get themselves. As stated above, I'm not
> sure about Chrysler's programs.

I just bought an '04 Sport and got both 0% and $2K rebate. I was also
upsidedown on a '99 Land Rover Disco.

--
-db-

Daniel Bibbens

DragonRider <DragonRider1@comcast.net> writes:

> On Fri, 23 Jan 2004 01:03:17 -0500, "JW" <jw1@wanghome.com> wrote:
>
> Not sure about Chryslers marketting program but with most
> manufacturers you get EITHER the rebate OR the 0%, not both. Edmunds
> is horrible about trying to tell everyone they get both. The dealers
> can't offer what they can't get themselves. As stated above, I'm not
> sure about Chrysler's programs.

I just bought an '04 Sport and got both 0% and $2K rebate. I was also
upsidedown on a '99 Land Rover Disco.

--
-db-

Brian

Current offer on Jeeps, including Wrangler, is 2K AND 0%. Of course,
incentive programs are subject to fluctuation, but that's what I heard
from my local dealer (metro DC).

B

In article <tge310p8bgtrmm892bl31ai2gpmav773kp@4ax.com>,
DragonRider <DragonRider1@comcast.net> wrote:

>
> Not sure about Chryslers marketting program but with most
> manufacturers you get EITHER the rebate OR the 0%, not both. Edmunds
> is horrible about trying to tell everyone they get both. The dealers
> can't offer what they can't get themselves. As stated above, I'm not
> sure about Chrysler's programs.

--
Brian Heller

It is easier to tame wild beasts
than to conquer the human mind.

Brian

Current offer on Jeeps, including Wrangler, is 2K AND 0%. Of course,
incentive programs are subject to fluctuation, but that's what I heard
from my local dealer (metro DC).

B

In article <tge310p8bgtrmm892bl31ai2gpmav773kp@4ax.com>,
DragonRider <DragonRider1@comcast.net> wrote:

>
> Not sure about Chryslers marketting program but with most
> manufacturers you get EITHER the rebate OR the 0%, not both. Edmunds
> is horrible about trying to tell everyone they get both. The dealers
> can't offer what they can't get themselves. As stated above, I'm not
> sure about Chrysler's programs.

--
Brian Heller

It is easier to tame wild beasts
than to conquer the human mind.

Brian

Current offer on Jeeps, including Wrangler, is 2K AND 0%. Of course,
incentive programs are subject to fluctuation, but that's what I heard
from my local dealer (metro DC).

B

In article <tge310p8bgtrmm892bl31ai2gpmav773kp@4ax.com>,
DragonRider <DragonRider1@comcast.net> wrote:

>
> Not sure about Chryslers marketting program but with most
> manufacturers you get EITHER the rebate OR the 0%, not both. Edmunds
> is horrible about trying to tell everyone they get both. The dealers
> can't offer what they can't get themselves. As stated above, I'm not
> sure about Chrysler's programs.

--
Brian Heller

It is easier to tame wild beasts
than to conquer the human mind.

DragonRider

On Sun, 25 Jan 2004 02:17:29 GMT, Brian <bsheller@comcast.net> wrote:

>Current offer on Jeeps, including Wrangler, is 2K AND 0%. Of course,
>incentive programs are subject to fluctuation, but that's what I heard
>from my local dealer (metro DC).

It's good to hear they are able to do that.. but unfortunately it
means that they believe they HAVE to do that to get the sale. The
economy is turning around, but car sales are the last things to get
speed. (sigh)

DragonRider

On Sun, 25 Jan 2004 02:17:29 GMT, Brian <bsheller@comcast.net> wrote:

>Current offer on Jeeps, including Wrangler, is 2K AND 0%. Of course,
>incentive programs are subject to fluctuation, but that's what I heard
>from my local dealer (metro DC).

It's good to hear they are able to do that.. but unfortunately it
means that they believe they HAVE to do that to get the sale. The
economy is turning around, but car sales are the last things to get
speed. (sigh)

DragonRider

On Sun, 25 Jan 2004 02:17:29 GMT, Brian <bsheller@comcast.net> wrote:

>Current offer on Jeeps, including Wrangler, is 2K AND 0%. Of course,
>incentive programs are subject to fluctuation, but that's what I heard
>from my local dealer (metro DC).

It's good to hear they are able to do that.. but unfortunately it
means that they believe they HAVE to do that to get the sale. The
economy is turning around, but car sales are the last things to get
speed. (sigh)