Was I lowballed? - Page 3 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

ThatMaro · 03-06-2018, 04:27 PM

Quote:

Originally Posted by qcman

If that's all you can get I would keep it for sure. Just curious what you payed for the car used and how much difference from that amount to the trade in value offered now if that's okay to ask? 6k seems insanely low to me & I expect it would be a costly loss from when you bought the car?

Bought the car from Chevy dealership and they were trying to sell it for $19,356. I got them to bring it down to $18,030...So if they say my car is only worth 6k that means my car has lost over 12k in value in under 2 years. I’m pretty sure a Nissan Versa is worth more than 6k...

redcoats1976 · 03-06-2018, 05:41 PM

you would do a lot better to sell it to the next owner directly,especially if you have all the service records.

Silver14 · 03-06-2018, 05:50 PM

Quote:

Originally Posted by ThatMaro

Bought the car from Chevy dealership and they were trying to sell it for $19,356. I got them to bring it down to $18,030...So if they say my car is only worth 6k that means my car has lost over 12k in value in under 2 years. I’m pretty sure a Nissan Versa is worth more than 6k...

What should they have given you in trade, then what should they resell it for?

Dealers can pay you whatever you want for your trade and make it up on what they sell you. You need to look at the whole deal, not just what they'll give you on trade.

Terryfied · 03-06-2018, 08:50 PM

Either keep it or sell it yourself. Have it detailed nicely and ask $9k quick sale. With 100k + miles you're not gonna get much more.

Grey2ss · 03-06-2018, 11:54 PM

Dealerships don't look at KBB or NADA they just run the numbers for profit. Half the time they just get sent to auction. Even nice cars they will send to auction depending what is on the lot.

Myself I negotiate price first without talking trade in. Then talk trade in and always low ball me. I sell it myself for easily 5 to 7k more. Not even worth getting mad about.

I find it to be a funny game to not get mad. In your circumstances I would have said why the hell should I buy another Camaro from you if they hold value less then a Gremlin!

ThatMaro · 03-07-2018, 08:08 AM

Quote:

Originally Posted by Terryfied

Either keep it or sell it yourself. Have it detailed nicely and ask $9k quick sale. With 100k + miles you're not gonna get much more.

I don’t know if your thinking that my car has above 100k but it doesn’t it’s has about 65k on it now.

You also could have been implying that when the car gets over 100k that I wouldn’t get much more.

qcman · 03-07-2018, 09:11 AM

Quote:

Originally Posted by ThatMaro

I don’t know if your thinking that my car has above 100k but it doesn’t it’s has about 65k on it now.

You also could have been implying that when the car gets over 100k that I wouldn’t get much more.

I think you confused him with this line I know I added them together at first too...

"I got my car with about 40k on the odometer...a year and a half later I’ve put 65k on it"

qcman · 03-07-2018, 09:13 AM

Quote:

Originally Posted by ThatMaro

Bought the car from Chevy dealership and they were trying to sell it for $19,356. I got them to bring it down to $18,030...So if they say my car is only worth 6k that means my car has lost over 12k in value in under 2 years. I’m pretty sure a Nissan Versa is worth more than 6k...

Ouch that is crazy. So much for avoiding buying new to avoid the initial depreciation hit. I would look around your area and see what they are going for & try to sell the car privately around that range.

That or keep driving it til the doors fall off

Cenafan85 · 03-07-2018, 09:54 AM

Quote:

Originally Posted by ThatMaro

Bought the car from Chevy dealership and they were trying to sell it for $19,356. I got them to bring it down to $18,030...So if they say my car is only worth 6k that means my car has lost over 12k in value in under 2 years. I’m pretty sure a Nissan Versa is worth more than 6k...

I paid 17000 for my 2014 2LS with 4000 miles on it. Sounds like they kinda ripped you off (1830$ with 40000 miles on it)

WoodBoss · 03-07-2018, 11:12 AM

Don't sell to a dealership or trade in. It's a little harder but selling privately you will get so much more. That dealer wants to buy it from you at $6K and put it on the lot for $12k within a couple days. They are there to make money and let you take the "Hit" or loss. I wouldn't buy from a dealer either, but that is just me.

tstodii · 03-07-2018, 02:48 PM

You weren't just low balled... you were on the Bend Over Rover Train. I just did a quick search on Carvana. com and found that a 2014 LS with no added option on the site with 65k miles is worth $11,334 as long as they don't find any issues on the test drive. This value was for my location so it could be slightly different for you. I sold Carvana my 2013 MB E-350 for a few thousand more than I paid a local dealer. That's mainly b/c I bought it on Dec 23rd and they had the car for almost 90 days. End of month/year plus a sitting car = awesome deal if you play your cards right.

So I'd say go to Carvana online and get an offer. The best part is they come directly to your house with a Flat Bed truck, test drive, bust out pre-filled paper work, have you sign it, stroke you a check for agreed price(minus any balance you might owe), load the car, give you the plate and drive off into the sunset. It took me roughly 30mins to complete the sale with them.

ThatMaro · 03-07-2018, 03:15 PM

Quote:

Originally Posted by tstodii

You weren't just low balled... you were on the Bend Over Rover Train. I just did a quick search on Carvana. com and found that a 2014 LS with no added option on the site with 65k miles is worth $11,334 as long as they don't find any issues on the test drive. This value was for my location so it could be slightly different for you. I sold Carvana my 2013 MB E-350 for a few thousand more than I paid a local dealer. That's mainly b/c I bought it on Dec 23rd and they had the car for almost 90 days. End of month/year plus a sitting car = awesome deal if you play your cards right.

So I'd say go to Carvana online and get an offer. The best part is they come directly to your house with a Flat Bed truck, test drive, bust out pre-filled paper work, have you sign it, stroke you a check for agreed price(minus any balance you might owe), load the car, give you the plate and drive off into the sunset. It took me roughly 30mins to complete the sale with them.

I was looking for roughly 9-10k but they couldn’t even come close to that....Maybe I’ll try carvana thanks for the suggestion.

Silver14 · 03-07-2018, 03:26 PM

What was the deal on the 18?

ThatMaro · 03-07-2018, 05:54 PM

Quote:

Originally Posted by Silver14

What was the deal on the 18?

The original MSRP for the 18 was: $41,931. They were going to let me get it for $34,999.

03-06-2018, 05:41 PM	#30
redcoats1976 Drives: LT W/2LT,blue metallic Join Date: Jul 2016 Location: central florida Posts: 4,915	you would do a lot better to sell it to the next owner directly,especially if you have all the service records.

03-06-2018, 08:50 PM	#32
Terryfied Drives: 2010 2SS L99 Join Date: Jan 2016 Location: Enumclaw, WA. Posts: 202 View My Garage	Either keep it or sell it yourself. Have it detailed nicely and ask $9k quick sale. With 100k + miles you're not gonna get much more.

03-06-2018, 11:54 PM	#33
Grey2ss Drives: 2015 Camaro 2ss Join Date: Apr 2017 Location: Phoenix Posts: 105	Dealerships don't look at KBB or NADA they just run the numbers for profit. Half the time they just get sent to auction. Even nice cars they will send to auction depending what is on the lot. Myself I negotiate price first without talking trade in. Then talk trade in and always low ball me. I sell it myself for easily 5 to 7k more. Not even worth getting mad about. I find it to be a funny game to not get mad. In your circumstances I would have said why the hell should I buy another Camaro from you if they hold value less then a Gremlin!

03-07-2018, 11:12 AM	#38
WoodBoss "Old School" Drives: 2010 2SS L99 Join Date: Apr 2015 Location: Sherrills Ford, NC Posts: 1,295	Don't sell to a dealership or trade in. It's a little harder but selling privately you will get so much more. That dealer wants to buy it from you at $6K and put it on the lot for $12k within a couple days. They are there to make money and let you take the "Hit" or loss. I wouldn't buy from a dealer either, but that is just me.

03-07-2018, 02:48 PM	#39
tstodii Drives: White 2015 Z/28 Join Date: Jul 2017 Location: Charleston SC Posts: 208	You weren't just low balled... you were on the Bend Over Rover Train. I just did a quick search on Carvana. com and found that a 2014 LS with no added option on the site with 65k miles is worth $11,334 as long as they don't find any issues on the test drive. This value was for my location so it could be slightly different for you. I sold Carvana my 2013 MB E-350 for a few thousand more than I paid a local dealer. That's mainly b/c I bought it on Dec 23rd and they had the car for almost 90 days. End of month/year plus a sitting car = awesome deal if you play your cards right. So I'd say go to Carvana online and get an offer. The best part is they come directly to your house with a Flat Bed truck, test drive, bust out pre-filled paper work, have you sign it, stroke you a check for agreed price(minus any balance you might owe), load the car, give you the plate and drive off into the sunset. It took me roughly 30mins to complete the sale with them.

03-07-2018, 03:26 PM	#41
Silver14 Drives: 2014 SIM 2SS Join Date: Sep 2015 Location: Charlotte, NC Posts: 925	What was the deal on the 18?