TRADES |
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Nov 13 2001, 11:35 AM
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I can't agree more.<br>If someone wants retail
for their car, they ought to do just that: retail it.
If a car's a very good car, I will go to the
friggin' MAT for it to be here as a used car. I am sorry
if the word "jargon" is your euphamism for the word
"candor". It ought not be.
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Nov 13 2001, 12:09 PM
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Sorry if that offended you. You must be one of
the few salespeople out there that don't treat
customers like idiots. My experiences with every car
purchase I've ever made...with the exception of Mercedes
Benz...was a painful experience where I was more informed
about the product than the person doing the selling.
This includes the purchase of my Prius where the
salesperson was unsure of how the hybrid system worked and
guaranteed me that I could have a navigation system
installed later.....
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Nov 13 2001, 12:30 PM
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drringold, not offended, just a tad surprised. I
am sorry your Prius experience wasn't that great,
but perhaps as these cars start entering the market
thru other means, even other brands, the lot lizards
will also be familiar with these fine cars. I have
heard my own sales people downstairs telling folks the
oddest things about these cars!<br><br>While it's very
good to sell your own trade, it is also very
aggravating and a source of total terror for others. I don't
even sell my own cars! I take the trade value and keep
on trucking as I am too busy and candidly, have sold
enough cars to enough people to not have the patience to
deal with private party buyers. (no offense to
anyone)... it sometimes isn't always about money.<br>Dianne
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Nov 13 2001, 01:19 PM
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Clarification! The Prius experience is excellent!
I love the car...more so than any I've ever owned.
But, the sales experience was kinda poor. But, you're
right...the more people know about them, the better they'll
be at selling them. And, I suspect that if I sold
cars, I wouldn't be crazy about selling my own
privately. I just think that, as there are folks
specifically dedicated to servicing them...there should be
folks (i.e. you and other sales folks who know and care
about the product) dedicated to selling them so
everyone gets a first rate buying experience. However,
I've not let my iffy buying experience cloud what
is...and I hope will continue to be...a great experience
that I have no regrets over....<br><br>Hope you sell
tons of these cars!!!!!
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Nov 13 2001, 09:39 PM
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"If someone wants retail for their car, they
ought to do just that: retail it."<br><br>In Dianne's
defense, this is what she told me in person when I asked
for a quote on my car. She suggested that I sell it
if I want more - and didn't have a problem being
honest in that area.<br><br>I will say that dealing with
Dianne isn't like dealing with most sales people - there
is absolutely no pressure to do anything you don't
want to do, which is refreshing in today's
world.<br><br>-Rick
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Nov 13 2001, 09:46 PM
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Agreed - most people take the loss on their
trades simply because there's something wrong they don't
want to fix or because they don't want the hassle of
dealing with private parties. Right now I'm down the
middle. I've detailed the car, and put on some signs, but
I haven't "listed" it in any classified index. If I
get a bite, great. If not, I'll see what happens on
delivery date. If I'm not happy, I'll sell it privately.
If I am, I'll cut my losses w/ a
trade.<br><br>Unfortunately for me, I owe about $4k more than I'd get at
trade on my car, and don't want to eat that much just
to get into a Prius - nor do I really want to wrap
the difference into my new loan (paying sales tax on
the balance, higher payments, etc.). So selling
outright and only eating 1-2k (best case) may be a good
idea in my case. <br><br>It all depends on the
situation and what you want to go through.
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Nov 14 2001, 12:07 PM
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Here's another way that I look at it: Value is
generally relative. An item may easily have more value to
me than to you. Similarly, a used car may have more
value to a retail buyer than to a dealer. (And a used
car from a dealer may have more value to a buyer than
a used car from a private individual).<br><br>In
addition, your used car going as a trade-in may have value
to you beyond the $$:<br><br>1) In some states it
reduces the price you pay sales tax against<br><br>2) It
counts against your downpayment for a loan<br><br>3) It
is hassle free (relatively).<br><br>Burns
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Nov 14 2001, 01:24 PM
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> 3) It is hassle free
(relatively).<br><br>And to me, that was the biggest deciding factor to
trade my car in rather than try to sell it. Of course,
my car was 14 yrs old so the cash difference between
trading-in and selling wasn't as much as someone else's
might be. YMMV<br>-Cindy
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Nov 14 2001, 02:07 PM
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I learned that my current saturn is worth around
$5000 if I sell it, or only HALF if I do a trade in...
with the fact that its our only car and since our
Prius is showing up any day now I am willing to take
the loss on it... but I expect the dealership to work
with me to get almost full blue book trade in value
towards my down payment..
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Nov 14 2001, 04:52 PM
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Oh to be young again...<br><br>If there is a
"location" in your hometown where people park their cars for
sale (i.e. a parking lot, a busy intersection, a
consignment lot, etc), wouldn't it be worth putting that
money in your pocket? Dealers just LOVE it when a
customer trades their vehicle in, cause they get to screw
you twice. <br><br>I sincerely wish you
luck.<br><br>-Michael<br>CA "01 Prius"
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Nov 15 2001, 08:58 AM
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THere are a few locations in town like that but
this is our only car and we couldn't really do much
w/o it-like groceries and such..its just one of those
things that if I made an effort I could probably get the
extra $$ but the question is, how much effort will I
make? Thanks though!<br><br>Crystal
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Nov 15 2001, 11:25 AM
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"Dealers just LOVE it when<br> a customer trades
their vehicle in, cause they get to screw you twice.
"<br><br><br> What an incredibly childish thing to say. You say
you think it would be nice to put that extra money in
your pocket, presumably for the hassle of selling it
yourself. Yet if a dealer buys it, chases the title, likely
spends $100 's on all the things wrong that the owner
"forgot" to mention that can't be caught at an appraisal,
cleans and reconditions it, provides financing, and a
warranty to back it up, well they're "screwing you"
because they want a profit? I suppose the other part of
"twice" you refer to is the profit on the new car? <br>
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Nov 15 2001, 02:02 PM
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Actually that is very true-another reason I don't
want to put the car on the market is because I know it
needs new brakes and although I have kept up its
maintance-if I person took it to a local garage I have no idea
what they might say about possible repairs allowing
that buyer to come back at me and try to lower the
price. As I read on a website to help people purchase
cars is that there is only a 10 to 20% per purchase
for the dealer. I work in an advertising specialty
company and understand the costs of doing business, so I
understand although it may not appear I am getting my
money's worth for my trade in, someone has to pay for its
maintaince or any dings to be fixed before being resold. I
loved my saturn and think its kinda neat that I am
coming back to the same dealership to buy my Prius that
I bought my saturn from.<br><br>Crystal
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Nov 15 2001, 02:05 PM
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Nov 15 2001, 02:17 PM
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Another good point to show is that those items at
wal-mart or target have a 50% mark-up instead of 15%....
and jewerly stores have upto 100% mark-ups.. now
agreed a 50% mark-up on a $10 item vs a 15% mark-up on
an $15000 it a bit of difference, BUT even though I
bought a Saturn i want to point out that they might not
"haggle" but they are making some decent money because of
it. I tried to buy a 1994 used Saturn from the local
dealership and even though the carpet had been warn away and
there were dings and chips here and there the "set"
price was HIGH blue book used-as in "perfect"
condition. There was no way it was in perfect condition and
I saved over $3000 going to local Toyota Dealership
to buy a newer saturn in better shape. <br>Again,
you are right, if a consumer is informed then they
can make a better decision and with the internet and
the zillions of sites I can't see why someone can't
take a lunch hour to check it out. <br><br>So it
really depends on a perspective-you can make a cd of
music for $1.50 but you go into a store to buy it and
its $15.00.. those profits went to paying everyone
inthe business just like all profits do and at this
time is unfortunately when we need more money in the
economy instead of less.
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Nov 15 2001, 02:19 PM
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Let's all agree to disagree on this. Yes, trading
in a car gets ya less $$$$, but saves you hassle. If
it's $$$$ ya want, sell it yourself and hope for the
best.<br><br>I think that, however, when I buy a new car...and a
2002 Prius may be in the works to replace our 99
Mercedes!...I'll opt to buy from one of the very professional
sales folks that frequents this board. I fully suspect
that the folks that we purchasers fear most don't post
here.
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Nov 15 2001, 02:22 PM
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Crystal<br><br>Go to the Kelly Blue Book web
site. They have a chart that allows you to determine
the resale value of your car based on its condition.
Then you can determine the difference between trade in
and private party sell values and decide then whether
trading in vs selling yourself is worth it. Remember...
you would be selling your car as-is, but with full
disclosure to any would be buyer. You could give it a try
for a few weeks to see if you could sell on your own.
You'd be surprised what people are willing to buy. I've
got my car "sold" to a friend of my husband's, even
though he knows there are problems with it. He gets it
when my Prius arrives. You never know unless you
try... and you could end up with more in YOUR pocket
instead of the dealer ending up with more in THEIRS.
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Nov 15 2001, 02:39 PM
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Yea, I know nothing about various profit margins.
My point was that since everyone pays the same
markup, you don't get that sinking feeling that you have
been taken when you buy a CD at Wal-Mart. Same with
the Prius. Even though I payed "sticker" since
everyone paid sticker I do not feel taken in the least.
Now if I paid sticker and found out Dianne was
selling new ones for $18,000, I'd feel
differently.<br><br>Steve
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Nov 15 2001, 02:41 PM
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More often than not getting "screwed" is a state
of mind. If 2 neighbors buy a product one of them
gets it with a rebate or discount of some sort and the
other doesn't because it expired or whatever. The guy
who paid more got screwed? I dont think so. Dealers
marking up over sticker? yes. Dealer deliberately lying?
yes. Dealer won't pay you "blue book" for your trade?
No way. If YOU are entering data about YOUR car onto
a website or whatever that will NOT buy your car
from you, and YOU are accepting that number as the
gospel, then YOU are responsible for your disappointment.
Nobody screwed you. <br> I for one would love to see a 1
price set-up everywhere, but then the same people who
complain about negotiating would be complaining about
price- fixing. <br><br>"Since other businesses are able
to profit without such antics, dealers should not
get on a high-horse about their need to make a profit
as a rationale for why they make it such a confusing
process." <br> (from what Ive seen of the domestic dealer
body there's a lot of truth to this)<br>For me...<br>
If you want those antics to stop- Then pay a profit
and move on. I will if you will!! Also tell that to
the people here right now with one of my guys who
think that I should sell him a car for invoice because
the economy is slow And I'm desperate(?!)<br>Silly
Boy!!
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Nov 15 2001, 02:52 PM
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Golly, Bri!<br><br>Why doncha tell us how you REALLY feel?<br><br>LOL!!!
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