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Old 01-02-2012, 11:31 AM   #15
Russell James


 
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The time of the year is the killer in the north. Dealer probably doesn't want the car so they shot a lowball offer hoping not to get it. In a couple months dealers will be looking for spring sports cars. I'd keep shopping around or wait about 2 months.

I just traded my '10 with 4K miles. Offers ranged from 24 to 27, I went with the 27.

The biggest trouble I had was low mileage '10s SS's were going through the auctions at 24/25ish. KBB doesn't really account for auction prices which dealers are going to watch closely. 21 is way too low though, keep shopping or wait.
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Old 01-02-2012, 12:03 PM   #16
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check around dealers as well. When I traded in my 10 ram with 15K on it, some places were lowballing at 23K. when I traded in for the camaro, I got a wash pretty much....29K for 29K.
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Old 01-02-2012, 02:26 PM   #17
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If you go onto EBay Motors, you'll find a lot of the 2010's for sale.

Right now is not the best time to be selling. I agree with others that times are not good especially after the holidays and with the rate of unemployment.

If time is not an issue, wait for summer to sell.

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Old 01-02-2012, 02:43 PM   #18
mlee
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Quote:
Originally Posted by Arachnyd View Post
Has anyone ever private partied a car over 15k or so?

Who has 30k cash laying around usually? Most people buying a used 2 year old car are doing it because they can't afford a new one, in which case they are borrowing, in which case you can't buy private party?
Banks give loans no matter who you buy from... I just sold my 2010 for 32,500 and they guy's bank just wired the money to my bank... A little paper signing to ensure title transfer and Done deal.

To the OP... list it on Auto Trader... I've sold a bunch of cars there. Check out what others like yours are going for and low ball them a bit for a quick sale.
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Old 01-02-2012, 02:46 PM   #19
Obzen
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Quote:
Originally Posted by Arachnyd View Post
Has anyone ever private partied a car over 15k or so?

Who has 30k cash laying around usually? Most people buying a used 2 year old car are doing it because they can't afford a new one, in which case they are borrowing, in which case you can't buy private party?
Car loans are basically just a check. They either write it to a dealer or to you. Loans are just as easy to get on a private party cars as a dealer one. Put it up for sale, let the buyer figure out where they get their money. Its that easy.
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Old 01-02-2012, 10:33 PM   #20
Mud
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KBB is just a guide. It's what a dealer will offer. The car is worth what someone is willing to pay for it. The dealer is going to try to get as close to wholesale value as possible.

Dealers have to turn it around and sell at a profit. They will try to sell it for as much profit as possible. The more they give you, the less profit they make.

Many things factor into a trade, how much in demand the car is in that particular area, how many new ones of your particular model they have on the lot, current economic conditions, and many others.

The term "mint condition" is thrown around a lot but very few cars are "mint" condition. If your car even has a couple small paint chips, it's not mint. You may want to look up the value of "very good" or something similar. It would be very difficult to drive a car 30,000 miles and it to remain in mint condition without any recondition.

Kelley defines cars as Excellent, Very Good, Good, Fair, and Poor so I assume you're using "Excellent" condition.

Excellent
3% of all cars we value meet this criteria
  • Looks new and is in excellent mechanical condition
  • Has never had paint or bodywork
  • Interior and body are free of wear and visible defects
  • Does not need reconditioning and is free of rust
  • Clean engine compartment free of fluid leaks
  • Clean title history and will pass safety and smog inspection
  • Complete and verifiable service records
Very Good
23% of all cars we value meet this criteria
  • Minor cosmetic defects but is in excellent mechanical condition
  • Minor or no paint and bodywork
  • Requires minimal reconditioning and is free of rust
  • Clean engine compartment free of fluid leaks
  • Minimal wear or visible defects on body and interior
  • Tires match and have 75% or more of tread
  • Clean title history and will pass safety and smog inspection
  • Most service records are available
Good
54% of all cars we value meet this criteria
  • Free of major mechanical problems but may need some reconditioning
  • Paint and bodywork may require minor touch-ups
  • Engine compartment may have minor leaks
  • Some cosmetic defects that are repairable, but is free of rust
  • Minor body scratches or dings and the minor interior blemishes of normal wear
  • Tires match and have 50% or more of tread
  • Clean title history and will pass safety and smog inspection
  • Some service records are available
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Last edited by Mud; 01-02-2012 at 10:52 PM.
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