When is best time to trade in/up?
02-21-2005, 06:42 PM
#11
Guest
Posts: n/a
Re: When is best time to trade in/up?
i dont think there is _ever_ a good time to trade in. if you walk in the
door with a trade-in youve already lost because theyre going to beat you on
both ends (trade in allowance and again on the price of the vehicle youre
buying). when we were getting our '01 cherokee appriased for trade in on
our '04 cummins 4x4 they were talking the $15,000 range.....right up until
they found out i would be using a program that allowed me to purchase the
truck at green sheet pricing. when they realized they couldnt hide the true
allowance into the balloon mark-up of the truck that $15,000 became a little
more than $7000 trade in allowance.
sometimes you dont have much choice and ive lost my shirt more than once on
a trade. it is for this reason that i will never buy anything less than
premium vehicles because its much easier to sell a used premium vehicle than
it is a lesser equipped vehicle and when you sell it (instead of trading it)
you can walk into the dealership in a much better position than you are if
you have to trade.
--
Nathan W. Collier
http://7SlotGrille.com
http://UtilityOffRoad.com.
"Brian Foster" <brianfoster@houston.rr.com> wrote in message
news:RMpSd.28520$Bx5.11803@fe1.texas.rr.com...
> I'm driving an 02 GC that's getting close to 50,000 miles. I know most
> fleets seem to rotate/trade their cars @ 3 years or 50,000 miles
> (whichever comes first).
>
> Is there a good reason for this? Do jeeps resale/tradein values flux much?
>
> Thanks
>
door with a trade-in youve already lost because theyre going to beat you on
both ends (trade in allowance and again on the price of the vehicle youre
buying). when we were getting our '01 cherokee appriased for trade in on
our '04 cummins 4x4 they were talking the $15,000 range.....right up until
they found out i would be using a program that allowed me to purchase the
truck at green sheet pricing. when they realized they couldnt hide the true
allowance into the balloon mark-up of the truck that $15,000 became a little
more than $7000 trade in allowance.
sometimes you dont have much choice and ive lost my shirt more than once on
a trade. it is for this reason that i will never buy anything less than
premium vehicles because its much easier to sell a used premium vehicle than
it is a lesser equipped vehicle and when you sell it (instead of trading it)
you can walk into the dealership in a much better position than you are if
you have to trade.
--
Nathan W. Collier
http://7SlotGrille.com
http://UtilityOffRoad.com.
"Brian Foster" <brianfoster@houston.rr.com> wrote in message
news:RMpSd.28520$Bx5.11803@fe1.texas.rr.com...
> I'm driving an 02 GC that's getting close to 50,000 miles. I know most
> fleets seem to rotate/trade their cars @ 3 years or 50,000 miles
> (whichever comes first).
>
> Is there a good reason for this? Do jeeps resale/tradein values flux much?
>
> Thanks
>
02-21-2005, 06:42 PM
#12
Guest
Posts: n/a
Re: When is best time to trade in/up?
i dont think there is _ever_ a good time to trade in. if you walk in the
door with a trade-in youve already lost because theyre going to beat you on
both ends (trade in allowance and again on the price of the vehicle youre
buying). when we were getting our '01 cherokee appriased for trade in on
our '04 cummins 4x4 they were talking the $15,000 range.....right up until
they found out i would be using a program that allowed me to purchase the
truck at green sheet pricing. when they realized they couldnt hide the true
allowance into the balloon mark-up of the truck that $15,000 became a little
more than $7000 trade in allowance.
sometimes you dont have much choice and ive lost my shirt more than once on
a trade. it is for this reason that i will never buy anything less than
premium vehicles because its much easier to sell a used premium vehicle than
it is a lesser equipped vehicle and when you sell it (instead of trading it)
you can walk into the dealership in a much better position than you are if
you have to trade.
--
Nathan W. Collier
http://7SlotGrille.com
http://UtilityOffRoad.com.
"Brian Foster" <brianfoster@houston.rr.com> wrote in message
news:RMpSd.28520$Bx5.11803@fe1.texas.rr.com...
> I'm driving an 02 GC that's getting close to 50,000 miles. I know most
> fleets seem to rotate/trade their cars @ 3 years or 50,000 miles
> (whichever comes first).
>
> Is there a good reason for this? Do jeeps resale/tradein values flux much?
>
> Thanks
>
door with a trade-in youve already lost because theyre going to beat you on
both ends (trade in allowance and again on the price of the vehicle youre
buying). when we were getting our '01 cherokee appriased for trade in on
our '04 cummins 4x4 they were talking the $15,000 range.....right up until
they found out i would be using a program that allowed me to purchase the
truck at green sheet pricing. when they realized they couldnt hide the true
allowance into the balloon mark-up of the truck that $15,000 became a little
more than $7000 trade in allowance.
sometimes you dont have much choice and ive lost my shirt more than once on
a trade. it is for this reason that i will never buy anything less than
premium vehicles because its much easier to sell a used premium vehicle than
it is a lesser equipped vehicle and when you sell it (instead of trading it)
you can walk into the dealership in a much better position than you are if
you have to trade.
--
Nathan W. Collier
http://7SlotGrille.com
http://UtilityOffRoad.com.
"Brian Foster" <brianfoster@houston.rr.com> wrote in message
news:RMpSd.28520$Bx5.11803@fe1.texas.rr.com...
> I'm driving an 02 GC that's getting close to 50,000 miles. I know most
> fleets seem to rotate/trade their cars @ 3 years or 50,000 miles
> (whichever comes first).
>
> Is there a good reason for this? Do jeeps resale/tradein values flux much?
>
> Thanks
>
02-21-2005, 06:42 PM
#13
Guest
Posts: n/a
Re: When is best time to trade in/up?
i dont think there is _ever_ a good time to trade in. if you walk in the
door with a trade-in youve already lost because theyre going to beat you on
both ends (trade in allowance and again on the price of the vehicle youre
buying). when we were getting our '01 cherokee appriased for trade in on
our '04 cummins 4x4 they were talking the $15,000 range.....right up until
they found out i would be using a program that allowed me to purchase the
truck at green sheet pricing. when they realized they couldnt hide the true
allowance into the balloon mark-up of the truck that $15,000 became a little
more than $7000 trade in allowance.
sometimes you dont have much choice and ive lost my shirt more than once on
a trade. it is for this reason that i will never buy anything less than
premium vehicles because its much easier to sell a used premium vehicle than
it is a lesser equipped vehicle and when you sell it (instead of trading it)
you can walk into the dealership in a much better position than you are if
you have to trade.
--
Nathan W. Collier
http://7SlotGrille.com
http://UtilityOffRoad.com.
"Brian Foster" <brianfoster@houston.rr.com> wrote in message
news:RMpSd.28520$Bx5.11803@fe1.texas.rr.com...
> I'm driving an 02 GC that's getting close to 50,000 miles. I know most
> fleets seem to rotate/trade their cars @ 3 years or 50,000 miles
> (whichever comes first).
>
> Is there a good reason for this? Do jeeps resale/tradein values flux much?
>
> Thanks
>
door with a trade-in youve already lost because theyre going to beat you on
both ends (trade in allowance and again on the price of the vehicle youre
buying). when we were getting our '01 cherokee appriased for trade in on
our '04 cummins 4x4 they were talking the $15,000 range.....right up until
they found out i would be using a program that allowed me to purchase the
truck at green sheet pricing. when they realized they couldnt hide the true
allowance into the balloon mark-up of the truck that $15,000 became a little
more than $7000 trade in allowance.
sometimes you dont have much choice and ive lost my shirt more than once on
a trade. it is for this reason that i will never buy anything less than
premium vehicles because its much easier to sell a used premium vehicle than
it is a lesser equipped vehicle and when you sell it (instead of trading it)
you can walk into the dealership in a much better position than you are if
you have to trade.
--
Nathan W. Collier
http://7SlotGrille.com
http://UtilityOffRoad.com.
"Brian Foster" <brianfoster@houston.rr.com> wrote in message
news:RMpSd.28520$Bx5.11803@fe1.texas.rr.com...
> I'm driving an 02 GC that's getting close to 50,000 miles. I know most
> fleets seem to rotate/trade their cars @ 3 years or 50,000 miles
> (whichever comes first).
>
> Is there a good reason for this? Do jeeps resale/tradein values flux much?
>
> Thanks
>
02-21-2005, 07:43 PM
#14
Guest
Posts: n/a
Re: When is best time to trade in/up?
Nathan:
What is "green sheet" pricing, and how does it relate to "factory invoice
price?"
Tom
"Nathan W. Collier" <MontanaJeeper@aol.com> wrote in message
news:111kseu4j7mcj1e@corp.supernews.com...
right up until
> they found out i would be using a program that allowed me to purchase the
> truck at green sheet pricing. when they realized they couldnt hide the
true
> allowance into the balloon mark-up of the truck that $15,000 became a
little
> more than $7000 trade in allowance.
>
What is "green sheet" pricing, and how does it relate to "factory invoice
price?"
Tom
"Nathan W. Collier" <MontanaJeeper@aol.com> wrote in message
news:111kseu4j7mcj1e@corp.supernews.com...
right up until
> they found out i would be using a program that allowed me to purchase the
> truck at green sheet pricing. when they realized they couldnt hide the
true
> allowance into the balloon mark-up of the truck that $15,000 became a
little
> more than $7000 trade in allowance.
>
02-21-2005, 07:43 PM
#15
Guest
Posts: n/a
Re: When is best time to trade in/up?
Nathan:
What is "green sheet" pricing, and how does it relate to "factory invoice
price?"
Tom
"Nathan W. Collier" <MontanaJeeper@aol.com> wrote in message
news:111kseu4j7mcj1e@corp.supernews.com...
right up until
> they found out i would be using a program that allowed me to purchase the
> truck at green sheet pricing. when they realized they couldnt hide the
true
> allowance into the balloon mark-up of the truck that $15,000 became a
little
> more than $7000 trade in allowance.
>
What is "green sheet" pricing, and how does it relate to "factory invoice
price?"
Tom
"Nathan W. Collier" <MontanaJeeper@aol.com> wrote in message
news:111kseu4j7mcj1e@corp.supernews.com...
right up until
> they found out i would be using a program that allowed me to purchase the
> truck at green sheet pricing. when they realized they couldnt hide the
true
> allowance into the balloon mark-up of the truck that $15,000 became a
little
> more than $7000 trade in allowance.
>
02-21-2005, 07:43 PM
#16
Guest
Posts: n/a
Re: When is best time to trade in/up?
Nathan:
What is "green sheet" pricing, and how does it relate to "factory invoice
price?"
Tom
"Nathan W. Collier" <MontanaJeeper@aol.com> wrote in message
news:111kseu4j7mcj1e@corp.supernews.com...
right up until
> they found out i would be using a program that allowed me to purchase the
> truck at green sheet pricing. when they realized they couldnt hide the
true
> allowance into the balloon mark-up of the truck that $15,000 became a
little
> more than $7000 trade in allowance.
>
What is "green sheet" pricing, and how does it relate to "factory invoice
price?"
Tom
"Nathan W. Collier" <MontanaJeeper@aol.com> wrote in message
news:111kseu4j7mcj1e@corp.supernews.com...
right up until
> they found out i would be using a program that allowed me to purchase the
> truck at green sheet pricing. when they realized they couldnt hide the
true
> allowance into the balloon mark-up of the truck that $15,000 became a
little
> more than $7000 trade in allowance.
>
02-21-2005, 08:48 PM
#17
Guest
Posts: n/a
Re: When is best time to trade in/up?
Brian Foster proclaimed:
> I'm driving an 02 GC that's getting close to 50,000 miles. I know most
> fleets seem to rotate/trade their cars @ 3 years or 50,000 miles (whichever
> comes first).
You should still have plenty of warranty left if that is worrying
you--in the event of failure.
>
> Is there a good reason for this? Do jeeps resale/tradein values flux much?
In some areas in some seasons you might pay a bit extra for a used
one. If you were to get some sort of rebate on trading for a new
one you might make out financially--betting that this year's sales
will be worse than next year for the manufacturer.
Trading cars every 50K miles is a horrid investment unless you can
write them off on taxes...like fleet owners. Otherwise you take a
terrible depreciation hit the instant it leaves the dealer lot and
haven't really gotten good value out of it with only 50K.
However, if a new model turns you on, its your money and your choice.
> I'm driving an 02 GC that's getting close to 50,000 miles. I know most
> fleets seem to rotate/trade their cars @ 3 years or 50,000 miles (whichever
> comes first).
You should still have plenty of warranty left if that is worrying
you--in the event of failure.
>
> Is there a good reason for this? Do jeeps resale/tradein values flux much?
In some areas in some seasons you might pay a bit extra for a used
one. If you were to get some sort of rebate on trading for a new
one you might make out financially--betting that this year's sales
will be worse than next year for the manufacturer.
Trading cars every 50K miles is a horrid investment unless you can
write them off on taxes...like fleet owners. Otherwise you take a
terrible depreciation hit the instant it leaves the dealer lot and
haven't really gotten good value out of it with only 50K.
However, if a new model turns you on, its your money and your choice.
02-21-2005, 08:48 PM
#18
Guest
Posts: n/a
Re: When is best time to trade in/up?
Brian Foster proclaimed:
> I'm driving an 02 GC that's getting close to 50,000 miles. I know most
> fleets seem to rotate/trade their cars @ 3 years or 50,000 miles (whichever
> comes first).
You should still have plenty of warranty left if that is worrying
you--in the event of failure.
>
> Is there a good reason for this? Do jeeps resale/tradein values flux much?
In some areas in some seasons you might pay a bit extra for a used
one. If you were to get some sort of rebate on trading for a new
one you might make out financially--betting that this year's sales
will be worse than next year for the manufacturer.
Trading cars every 50K miles is a horrid investment unless you can
write them off on taxes...like fleet owners. Otherwise you take a
terrible depreciation hit the instant it leaves the dealer lot and
haven't really gotten good value out of it with only 50K.
However, if a new model turns you on, its your money and your choice.
> I'm driving an 02 GC that's getting close to 50,000 miles. I know most
> fleets seem to rotate/trade their cars @ 3 years or 50,000 miles (whichever
> comes first).
You should still have plenty of warranty left if that is worrying
you--in the event of failure.
>
> Is there a good reason for this? Do jeeps resale/tradein values flux much?
In some areas in some seasons you might pay a bit extra for a used
one. If you were to get some sort of rebate on trading for a new
one you might make out financially--betting that this year's sales
will be worse than next year for the manufacturer.
Trading cars every 50K miles is a horrid investment unless you can
write them off on taxes...like fleet owners. Otherwise you take a
terrible depreciation hit the instant it leaves the dealer lot and
haven't really gotten good value out of it with only 50K.
However, if a new model turns you on, its your money and your choice.
02-21-2005, 08:48 PM
#19
Guest
Posts: n/a
Re: When is best time to trade in/up?
Brian Foster proclaimed:
> I'm driving an 02 GC that's getting close to 50,000 miles. I know most
> fleets seem to rotate/trade their cars @ 3 years or 50,000 miles (whichever
> comes first).
You should still have plenty of warranty left if that is worrying
you--in the event of failure.
>
> Is there a good reason for this? Do jeeps resale/tradein values flux much?
In some areas in some seasons you might pay a bit extra for a used
one. If you were to get some sort of rebate on trading for a new
one you might make out financially--betting that this year's sales
will be worse than next year for the manufacturer.
Trading cars every 50K miles is a horrid investment unless you can
write them off on taxes...like fleet owners. Otherwise you take a
terrible depreciation hit the instant it leaves the dealer lot and
haven't really gotten good value out of it with only 50K.
However, if a new model turns you on, its your money and your choice.
> I'm driving an 02 GC that's getting close to 50,000 miles. I know most
> fleets seem to rotate/trade their cars @ 3 years or 50,000 miles (whichever
> comes first).
You should still have plenty of warranty left if that is worrying
you--in the event of failure.
>
> Is there a good reason for this? Do jeeps resale/tradein values flux much?
In some areas in some seasons you might pay a bit extra for a used
one. If you were to get some sort of rebate on trading for a new
one you might make out financially--betting that this year's sales
will be worse than next year for the manufacturer.
Trading cars every 50K miles is a horrid investment unless you can
write them off on taxes...like fleet owners. Otherwise you take a
terrible depreciation hit the instant it leaves the dealer lot and
haven't really gotten good value out of it with only 50K.
However, if a new model turns you on, its your money and your choice.
02-21-2005, 10:04 PM
#20
Guest
Posts: n/a
Re: When is best time to trade in/up?
"mabar" <xyzz4567@HotPop.com> wrote in message
news:421a8078$1_1@newsfeed.slurp.net...
> What is "green sheet" pricing, and how does it relate to "factory invoice
> price?"
hi tom
green sheet is supposedly the price the dealer actually paid for the
vehicle.
--
Nathan W. Collier
http://7SlotGrille.com
http://UtilityOffRoad.com
news:421a8078$1_1@newsfeed.slurp.net...
> What is "green sheet" pricing, and how does it relate to "factory invoice
> price?"
hi tom
green sheet is supposedly the price the dealer actually paid for the
vehicle.
--
Nathan W. Collier
http://7SlotGrille.com
http://UtilityOffRoad.com
