10-15-2012, 09:47 PM | #1 |
Drives: 2013 Red Hot Camaro Join Date: Nov 2011
Location: Georgia
Posts: 254
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Question: If I trade for a newer model, will I take a loss??
I was entertaining the idea of trading my 2012 for a 2013. If I were to do so, would I take a huge loss? For those of you who have traded for a newer model, what was your experience? Was it worth it? Not set on it but wanted some opinions. Thanks in advance.
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10-15-2012, 09:49 PM | #2 |
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Drives: 2010 2SS/RS A6 & 2011 1LT/RS Join Date: Apr 2012
Location: San Diego, CA
Posts: 3,491
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Depends on what you owe on your current ride.
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10-15-2012, 09:49 PM | #3 |
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Why would you do that ?And yes , you will be hit with $ loss
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10-15-2012, 09:50 PM | #4 |
Est.1775
Drives: '15 Challenger Hellcat (sold) Join Date: Sep 2009
Location: SoCal
Posts: 5,502
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10-15-2012, 09:51 PM | #5 |
Drives: 2011 Dodge Charger Join Date: Apr 2009
Location: MN
Posts: 1,070
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Either way it'll be a massive loss. At minimum a 5k swing. Even if he owned the car outright he'll be taking a loss because he's trading it in on a newer model, only way to avoid a loss would be sell his car independently and then buy the same year/options.
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2011 Dodge Charger
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10-15-2012, 09:52 PM | #6 |
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Drives: 2010 2SS/RS A6 & 2011 1LT/RS Join Date: Apr 2012
Location: San Diego, CA
Posts: 3,491
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10-15-2012, 09:52 PM | #7 |
Drives: 2010 Camaro 2LT RS Join Date: Sep 2012
Location: Long Island
Posts: 1,425
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10-15-2012, 09:53 PM | #8 |
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And doing it for what ?
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10-15-2012, 09:57 PM | #9 |
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Drives: Eve - 2011 Camaro 2SS/RS Join Date: Apr 2012
Location: Fairfield, OH
Posts: 11,815
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Buy the '13 rims and mylink...you'll have a 13 camaro. Save 5 grand.
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10-15-2012, 10:01 PM | #10 |
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Drives: nothing Join Date: Nov 2010
Location: a hole
Posts: 17,906
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Question: If I trade for a newer model, will I take a loss??
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10-15-2012, 10:02 PM | #11 |
Drives: 2013 RS Camaro (2 LT) Join Date: Oct 2012
Location: Los Angeles, CA / Nashville, TN
Posts: 136
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Isn't the 6th gen. coming out in 2015? (I think I read that on here?)
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10-15-2012, 10:04 PM | #12 |
Drives: 2013 Red Hot Camaro Join Date: Nov 2011
Location: Georgia
Posts: 254
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Thanks for the responses. Just wondering because I see posts of people who do it all the time on here. Wondered if it was worth it.
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10-15-2012, 10:05 PM | #13 |
Drives: 2013 Red Hot Camaro Join Date: Nov 2011
Location: Georgia
Posts: 254
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Is my link currently available as an add on option to older models?
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10-15-2012, 10:05 PM | #14 |
Account Suspended
Drives: Eve - 2011 Camaro 2SS/RS Join Date: Apr 2012
Location: Fairfield, OH
Posts: 11,815
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