Advice on selling a 4 mo. old vehicle

[Blitz]

I won't get into the details as to why, but I am probably going to be forced into a situation where I have to sell a 2012 Avalanche that I bought just 4 months ago.

I already looked at one one dealership and we asked about trading my wife's Acadia which has equity on it and then asked if they would take a "two for one" trade so the equity in the Acadia can offset the neg. equity on the truck. They were open to doing that, until they found out it was a 2012 with only 4k miles on it. They said they have a hard time selling used cars in the current model year.

I do not know if all dealers would be like this one and I may only have the option for private sale. But even there, I will be competing against dealerships that have it new and can offer financing deals, etc.

Should I try a few more dealers on the two for one trade, or am I pretty much stuck with the Avalanche, meaning the Camaro will most certainly get sold? :(

The end goal is to get back down to a 2 car household, saving about $100 of my wife's car payment and then re-fi the Camaro to knock it down a couple hundred. If we can do that and unload the truck as well, we will be good shape.

[joey0480]

You need to find the right dealer and be purchasing the right car. Time and patience is all I can say. I understand you will take a kick on the avalanche, and this is the last year it is being produced,right?

[Blitz]

Originally Posted by joey0480

You need to find the right dealer and be purchasing the right car. Time and patience is all I can say. I understand you will take a kick on the avalanche, and this is the last year it is being produced,right?

Yep - last year they are making it, and I know I'm going to take a huge hit on it, but the saving on not having that car payment will be make up the loss in about 8 months. Also, if we can trade my wife's car with it, we have equity to offset it and should actually still have a little to put into her new car.