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#76
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#77
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i confessed - now DIE THREAD, DIE!
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Alan 1987 928 S4 (Black) SOLD! 1997 SVX LSi (Ebony) SOLD! 2005 Legacy GT (Silver) [Cobb Stg 2+] SOLD! 1987 928 S4 (Black) SOLD! 2005 Forester XT Premium (Crystal Gray Metallic) SOLD! 2008 Lancer Evolution X MR (Apex Silver) [Cobb Stg 1+] 2015 Outlander Sport 2.4GT AWD (Mercury Gray) 2013 G37xS (Obsidian Black) |
#78
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#79
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Alan 1987 928 S4 (Black) SOLD! 1997 SVX LSi (Ebony) SOLD! 2005 Legacy GT (Silver) [Cobb Stg 2+] SOLD! 1987 928 S4 (Black) SOLD! 2005 Forester XT Premium (Crystal Gray Metallic) SOLD! 2008 Lancer Evolution X MR (Apex Silver) [Cobb Stg 1+] 2015 Outlander Sport 2.4GT AWD (Mercury Gray) 2013 G37xS (Obsidian Black) |
#80
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~G |
#81
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Examples (percentage in parenthesis is depreciation): 2003 Cadillac Seville STS w/15k sticker price $42,067 current resale (carpoint.com) $31,200-$35,800 (26%-15%) current resale (kbb.com) $32,505 (27%) 2003 Cadillac Deville DTS w/15k sticker Price $46,162 current resale (carpoint.com) $30,500 - $38,300 (33%-17%) current resale (KBB.com) $37,560 (19%) 2003 Cadillac Escalade w/15k sticker price $66,800 current resale (KBB.com) $45,250 (32%) *carpoint.com had no data on 2003 resale value Note: I also checked out the 2003 CTS but that seemed to be some sort of exception, on both carpoint and KBB it was seeing less than 10% depreciation in one year's time. I figured that was an unfair example so I left it out. So as you can see by my examples, most of these cars are selling for way better than "average" resale prices, at worst, they are getting average numbers. |
#82
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nevAr say nevAr.
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Alan 1987 928 S4 (Black) SOLD! 1997 SVX LSi (Ebony) SOLD! 2005 Legacy GT (Silver) [Cobb Stg 2+] SOLD! 1987 928 S4 (Black) SOLD! 2005 Forester XT Premium (Crystal Gray Metallic) SOLD! 2008 Lancer Evolution X MR (Apex Silver) [Cobb Stg 1+] 2015 Outlander Sport 2.4GT AWD (Mercury Gray) 2013 G37xS (Obsidian Black) |
#83
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#84
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-Steve Member #895(the member formerly known as BurgundyBeast) 01' MSM Lexus IS300 |
#85
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Second, don't come after me about this thread going on and on, I gave up on it quite some time ago, but as at least one other member has said, some people always just have to have the last word. As far as i'm concerned this thread is over. Unless someone decides to make some smart-ass comment that they know is going to make me mad and draw me back into it. Landshark - thanks for another compelling discussion, I look forward to our next one. Last edited by Shadow248; 03-09-2004 at 03:19 PM. |
#86
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i don't remember exactly what the dealer cost was, but i remember the average price paid for stripped down 5-speeds on NASIOC was $24.5-$25k. i got mine for $24k - loaded (carbon fiber interior trim, upgraded sound system, powered sub, armrest extension, factory boost gauge, etc.) the auto was also a $1000 option. wife WANTED auto, but i'm glad i got it. it has the more advanced AWD system, and can hold a lot more power than the 5-speed if i should decide to mod it. its still very fast. after the $4k trade-in, it was $20k, brand new. from what i remember they made a few hundred bucks over dealer cost.
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Alan 1987 928 S4 (Black) SOLD! 1997 SVX LSi (Ebony) SOLD! 2005 Legacy GT (Silver) [Cobb Stg 2+] SOLD! 1987 928 S4 (Black) SOLD! 2005 Forester XT Premium (Crystal Gray Metallic) SOLD! 2008 Lancer Evolution X MR (Apex Silver) [Cobb Stg 1+] 2015 Outlander Sport 2.4GT AWD (Mercury Gray) 2013 G37xS (Obsidian Black) |
#87
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Now let's look at this logically. I checked the Blue Book to try to get an estimate of what your two trades are worth, it gave me $650 for the Buick and $1000 for the Cavi. Now since you for whatever reason had the idea they were worth much more, and I know you are not a moron, AND i don't know how long ago this deal took place, i'm going to roll with that and call them both at $1000 a piece. Maybe they were really low mileage or something. Anyway that's an EXTREMELY liberal estimate for what a dealer might give you for those cars. So we'll just say that somehow the dealer thought they could get $2000 for those cars at auction or whatever, but they gave you $4000. Where did that extra $2000 come from? Had to come from somewhere. IT CAME FROM THE NEW CAR'S MARKUP. How else would they give you that kind of money? They sure as **** are not going in on a deal in which they are going to LOSE money. How would they survive? No matter what a dealer tells you, no matter what "invoice" they show you that says they are making no money, they are. Anyone who thinks otherwise needs mental help. I can't tell you how many people came into the dealers that I worked at demanding to see the invoice. We, of course, showed them the "invoice" and negotiated a price based on said sheet of paper. They thought they ripped us off, we made good money. Everyone was happy (except me, who couldn't sleep at night and had no money to show for it anyway). Again, i'm not trying to make you look or feel stupid. This is what everyone has to deal with when buying a new car. Like I said i'm sure you did as good as you could have done given the circumstances. But you have to understand what i'm talking about here, don't you? Last edited by Shadow248; 03-09-2004 at 11:33 PM. |
#88
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i understand dealers are in the business to make money, they don't sell cars out of the kindness of their heart. i knew the dealer cost of the WRX, and by my estimates they made a few hundred dollars on it. they also made money on the extended warranty. i think they wanted to move it, because all the kids coming in wanted a 5-speed. also, there was a slightly used 5000 mile silver auto WRX at another dealer that i kept telling my wife during negotiations "we don't need a new one, let's just get the other one...." the kid needed to make a sale, even if he didn't net the big score.
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Alan 1987 928 S4 (Black) SOLD! 1997 SVX LSi (Ebony) SOLD! 2005 Legacy GT (Silver) [Cobb Stg 2+] SOLD! 1987 928 S4 (Black) SOLD! 2005 Forester XT Premium (Crystal Gray Metallic) SOLD! 2008 Lancer Evolution X MR (Apex Silver) [Cobb Stg 1+] 2015 Outlander Sport 2.4GT AWD (Mercury Gray) 2013 G37xS (Obsidian Black) |
#89
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Well then this argument is settled.
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