Lost Job - Fair Sale Price for '11 G37s ?
03-21-2011, 09:38 PM
#17
Registered User
03-21-2011, 09:44 PM
#18
Registered User
Join Date: Dec 2009
Location: PA
Posts: 345
Likes: 0
Received 0 Likes
on
0 Posts
03-21-2011, 09:53 PM
#19
Registered User
Theres a saying when you price out a car, you can always lower the cost, but when you try to raise the cars price that's when you get into trouble. Start high then negotiate.
03-21-2011, 10:03 PM
#20
Registered User
Join Date: Dec 2009
Location: PA
Posts: 345
Likes: 0
Received 0 Likes
on
0 Posts
Selling at $34k would be too low, I would at least try for $38k if not more. Either way you view it there is going to be an immediate loss on selling a car as soon as it leaves the dealership the car automatically loses value.
Theres a saying when you price out a car, you can always lower the cost, but when you try to raise the cars price that's when you get into trouble. Start high then negotiate.
Theres a saying when you price out a car, you can always lower the cost, but when you try to raise the cars price that's when you get into trouble. Start high then negotiate.
38K at a private party is possible but I don't think it's going to be easy to find a person w/ 40K shopping on craigslist or ebay. Plus, they can get this car new for about 39K.
BTW, there's a guy here who is trying to get rid of his 4 months old 2010 coupe w/ $45,700 MSRP, the best trade in offer for him is 32K.
03-22-2011, 01:17 PM
#21
Registered User
Join Date: May 2010
Posts: 30
Likes: 0
Received 0 Likes
on
0 Posts
Cars lose a crazy amount of value the minute they leave the lot.
I bought a Pontiac g6 in 2006. after a month I didn't really like it. The MSRP on the car was $24k. I think I financed 17k.
After one month, a dealership offered me $16k in trade.
Cars depreciate like a sinking ship.
I'd try and hold onto the car until you get a new job if you can. See if you can make a deal with the financing company about making partial payments at least for a month or two. They probably won't go for it, but no harm in trying.
I bought a Pontiac g6 in 2006. after a month I didn't really like it. The MSRP on the car was $24k. I think I financed 17k.
After one month, a dealership offered me $16k in trade.
Cars depreciate like a sinking ship.
I'd try and hold onto the car until you get a new job if you can. See if you can make a deal with the financing company about making partial payments at least for a month or two. They probably won't go for it, but no harm in trying.
03-22-2011, 01:48 PM
#25
irock, the OP has a serious problem, and you replied with the silliest (Can't type what I really think because I'm warned) and useless post of the day. I'm sure your input can be more useful if you try just a little harder.
03-23-2011, 10:24 PM
#26
Registered User
Thread Starter
Join Date: Jun 2005
Posts: 9
Likes: 0
Received 0 Likes
on
0 Posts
I appreciate everyone input, the problem being that I paid 42.5 , Dealer said MSRP was 45 so I thought It was a good deal. Did not anticipate layoffs at work.
Numbers i'm hearing are 34k to 38k for a fairly new car (400miles) and about a month old. I'll talk to the dealer, wont hold my breath.
Numbers i'm hearing are 34k to 38k for a fairly new car (400miles) and about a month old. I'll talk to the dealer, wont hold my breath.
03-24-2011, 10:42 PM
#28
Registered User
Join Date: Mar 2011
Posts: 5
Likes: 0
Received 0 Likes
on
0 Posts
If I were to purchase his car, anyone know of a method to buy the car without paying by check? Is there another payment method or payment source (finance company) that would allow me to make monthly payments? (other than banks)
03-25-2011, 11:39 PM
#29
AVOID AVOID AVOID!
03-26-2011, 06:21 PM
#30
Registered User
Join Date: Mar 2011
Posts: 5
Likes: 0
Received 0 Likes
on
0 Posts
WTF? How am I a scammer? I was looking for an alternative source of payment. A third party source that mediates the transaction and at the same time have all responsibilities transferred over to me. I'm just wondering if anyone knew any other sources besides bank loans. Is it wrong to ask for new information these days?