Trade-in Value - DodgeIntrepid.Net Forums - Dodge Intrepid, Concorde, 300m and Eagle Vision chat
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post #1 of 27 (permalink) Old 04-28-2003, 10:51 AM Thread Starter
 
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Trade-in Value

Alright guys, I might be getting a new car within the next few weeks here, and I'll probably go the easy route and trade my Intrepid in for it. What do you all think I can get for it?

1996 Dodge Intrepid Base Model
--3.5L
--6-passenger
--Foglights
--ES Paneling
--Pioneer deck, 5-1/4's, 6x9's
--110,000 miles
--New suspension components
--New brakes
--Tranny still very strong

I was hoping they'd give me a good $3,000 for it, but I dunno I guess.

EDIT - Selling it with OEM polycast wheels and half-dead tires, not with the beautiful 18's you see below.
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post #2 of 27 (permalink) Old 04-28-2003, 11:08 AM Thread Starter
 
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I just layed around at Kelley Blue Book.
I didn't like what I saw, to say the least...
Below $2500.
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post #3 of 27 (permalink) Old 04-28-2003, 11:15 AM
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just keep in mind a few things

-most dealers arent going to care one bit about things like ES cladding or stereo components

-99.9% of the time you will get a far better price for your car through a private sale, not a trade-in

-if a dealer does offer you a high amount for your car they will keep the new car price high to offset it. your best negotiations are done when you tell them no trade, just get to the best price on thier car and then later tell them you changed your mind and would like your car factored in. they won't be happy but they will do it

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post #4 of 27 (permalink) Old 04-28-2003, 11:22 AM Thread Starter
 
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Good call there, my step-dad's sone that before. Well, the car I'm buying is stickered at $5000, and I really only want to pay for half of that.
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post #5 of 27 (permalink) Old 04-28-2003, 11:34 AM
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Quote:
Originally posted by Knightmare_3.5
Well, the car I'm buying is stickered at $5000, and I really only want to pay for half of that.
I hate to say it but you will have a lot of trouble getting that from a dealer, they are gonna want to make enough profit that they can justify trying to sell your car or sending your car to a wholesaler/auction house

the profit margins on a $5000 car are a lot lower than a $30,000+ car
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post #6 of 27 (permalink) Old 04-28-2003, 12:50 PM
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Quote:
Originally posted by JoeKD


I hate to say it but you will have a lot of trouble getting that from a dealer, they are gonna want to make enough profit that they can justify trying to sell your car or sending your car to a wholesaler/auction house

the profit margins on a $5000 car are a lot lower than a $30,000+ car
I TOTALLY agree with both of JoeKD's posts. NEVER tell the car dealership you have a trade-in. Its always one of the first questions they ask... and for a reason. The salesperson will use a different sales tactic based on whether or not you have a trade-in.

Negotiate for the best price of the car you wan't to buy. Then hit them with a trade-in. They will not be happy... cause that puts them in an inferior position, which is where the salesman wants YOU to be at.

Also.... if the dealer feels he is making enough profit on the car he is selling you... he should have no problem giving you a fair trade-in value and take a hit on that to make a sale. Make sure you bring in the Edmunds "trade in value" sheet with you to the dealer. And when the dealer says "But Edmunds aren't giving you the cash... we are so we can't offer that much for it."... say "ok no sale then" and walk out. Believe me, they will come and get you if they want to make the sale that bad.

The ultimate goal for dealers is to move cars. Even if they are making minimal profit... dealers prefer quantity in sales over quality.

Let us know how it works out and what the salesguy says. What are you looking to buy?

DjPiLL
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post #7 of 27 (permalink) Old 04-28-2003, 03:53 PM Thread Starter
 
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Yeah, I realize now that they won't give me $2500 for my car, so I'll do my best to sell it until the time comes to get the new one.

But yeah, I hear you on that whole tactic deal. Thanks for the info.

By the way, I'm looking to buy a '98 Buick Regal GS. You may all hate me for it, but it's what I'm getting either way .
I realy can't tell why this car is so cheap. It has practically every option, and has 85,000 miles on it.

Last edited by Knightmare; 04-28-2003 at 03:56 PM.
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post #8 of 27 (permalink) Old 04-28-2003, 03:58 PM
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I traded my 96 Base model (3.3L) in Jan and got $3400 (Which is $100 more than what Kelly Blue Book said the trade in value was). I agree with the others, don't tell the dealer you are going to trade it in. Print out the Blue Book "trade in" value and accept no less. You might also have the Blue Book "Trade In" value of the car you are negotiating for printed out too as a "tool" when you are dealing.
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post #9 of 27 (permalink) Old 04-28-2003, 04:15 PM Thread Starter
 
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Good idea usually Steve, but the car I'm hopefully buying is WAY underpriced .
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post #10 of 27 (permalink) Old 04-28-2003, 04:44 PM
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If the car you are buying is WAY underpriced from a dealer, be wary. They know how much they could get from the cars.
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post #11 of 27 (permalink) Old 04-28-2003, 06:12 PM Thread Starter
 
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Oh believe me, I know. I'm going to make sure this thing is 100% clean before I buy it.
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post #12 of 27 (permalink) Old 04-28-2003, 07:48 PM
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I agree with Hartski.... Buyer Beware. I have never seen a dealer "honestly" underprice a car. If it's priced below the "trade-in" value or even below the "private party sale" price, you should be seeing RED FLAGS!
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post #13 of 27 (permalink) Old 04-28-2003, 08:36 PM
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Quote:
Originally posted by Knightmare_3.5

By the way, I'm looking to buy a '98 Buick Regal GS. You may all hate me for it, but it's what I'm getting either way .
I realy can't tell why this car is so cheap. It has practically every option, and has 85,000 miles on it.
Every option...including the supercharger?
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post #14 of 27 (permalink) Old 04-28-2003, 09:02 PM
 
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Quote:
Originally posted by hypnos
Every option...including the supercharger?

derr...GSs only come with a supercharger.
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post #15 of 27 (permalink) Old 04-30-2003, 03:30 PM Thread Starter
 
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Yeah. I wouldn't be getting one if it had no supercharger.
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