04-13-2013, 09:37 AM | #1 |
Car Lover By Nature
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What's a typical hit to a man's wallet when he buys a new car then trades 500 miles
Okay, just throwing this out. I bought a CRT ZL1 a few weeks ago for roughly $58K. Now my heart has me wanting another rally yellow car. I found a few yellow ZL1 cars in my area.
Dare I ask how much of a hit this will cost? Obviously my CRT ZL1 is in brand new condition but is already technically used. What do you guys and gals think?
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04-13-2013, 09:41 AM | #2 |
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On paper a "good" dealer/salesman should be able to make you think it's barely costing you anything. In reality, probably several grand.
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04-13-2013, 10:19 AM | #3 |
LFX is not the average V6
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prepare to lost several grand in the trade. trading a car after less than a year is never pretty, but the sooner it is, the worse money/time depreciation tends to be.
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04-13-2013, 10:27 AM | #4 |
Forever Pontiac
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As stated its going to be a few grand. Not really a smart move but if you want it and the loss doesn't bother you, why not?
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04-13-2013, 10:29 AM | #5 |
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going to loose several grand on the car, plus whatever you paid for taxes, title, tags, etc.
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04-13-2013, 10:31 AM | #6 |
ZLT!!! COTW (8/5/13)
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Why you don't paint your yellow?
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04-13-2013, 10:34 AM | #7 |
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If the ZL1 was new when you bought it, it will now have to be sold as "used" since it was titled. This alone will bring the value down by a few thousand. I'm sure the dealership would love to do a deal though, as they will be making thousands off you on both sides of the deal.
Seems like a mistake. |
04-13-2013, 10:50 AM | #8 |
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the sooner you trade the better deal you'll get, it's easier for a dealership to sale a $58k car with 500 miles and say the first owner changed minds on the color, that's believable, once a car gets 10k miles on it, people tend to not believe those stories and think it might be a lemon car. although I like the red,its a good color.
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04-13-2013, 10:56 AM | #9 |
Guest
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The day you drove it off the lot I would hazard to guess you lost closer to $5k on a $58k vehicle. Pull up NADA or KBB and enter in your info and look at clean trade-in, if you are lucky you will pull that amount. If looking at NADA I would guess you would get between average and clean trade-in. JMO.
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04-13-2013, 11:07 AM | #10 |
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04-13-2013, 11:13 AM | #11 |
Chu no guat a hasa is?
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Wow, not a fan of the the yellow. Be prepared to bend over for thr dealer. Couple of grand youll be losing, why not just paint if its a color issue. Everthing else is the same.
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04-13-2013, 11:18 AM | #12 |
Car Lover By Nature
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It looks like I'd take a pretty good beating if I do the deal. Guess I will miss having a yellow car.
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04-13-2013, 11:25 AM | #13 |
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I traded my 10 for an 11 after a year and with the $1,500 from GM I only lost $1,000.
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04-13-2013, 11:32 AM | #14 |
It probably would cost less to just have it painted, and you would most likely end up with better paint job that way.
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