Trade Value equal cost new, gotta love it.
Trade Value equal cost new, gotta love it.
The spouse was interested in a new Fusion or Five Hundred to drive. She has an 2003 EB 4x4 loaded to the max Expedition with 34,000 miles. So I thought what the heck, I'll trade my 05 XLT Screw with 8,000 miles on the new purchase and I'll take the Expedition (it is a sweet ride).I have access to Plan pricing on the new vehicle so price is not part of the trade equation. So I had my Screw bid by a wholesaler and the offer was $19,000. Didn't think that was too bad of an offer since I paid less than that for the truck new. Guess these trucks will hold their value, the secret is getting into it in the first place at the right figure.
Originally Posted by roushlimited
Your a better man than me..... I'd be trading in the Expy if I was in your shoes
No way I could trade in my truck, unless I was upgrading which I just did on Sunday.
No way I could trade in my truck, unless I was upgrading which I just did on Sunday.
OH, I still have my real truck. An 03 F-450 4x4 crew cab Lariat Powerstroke Diesel with ranch style bed. The f-150 was purchased as a second toy for the then cheaper MPG, gas was a whole lot less than diesel at that time. Now things have reversed on the fuel front. The miles per gallon are about the same on the 4.6 compared to the Powerstroke.
Yeah, I would say that to get more in trade for your 1-year-old truck than what you actually paid for it is pretty good! You usually have to hold onto a vehicle and keep it in pristine condition for 25+ years in order for that to happen....
That's craziness!!!
I'm finally caught up with my trade in value after 2 years.
Or pretty close, anyway.
I bought my truck 2 months before the family plan pricing, so I kind of ot screwed...
How do you go about selling through a wholesaler?
I'm finally caught up with my trade in value after 2 years.
Or pretty close, anyway.
I bought my truck 2 months before the family plan pricing, so I kind of ot screwed...
How do you go about selling through a wholesaler?
How could you get it for that price to begin with when new (under $19k)? I don't know what options you have or if 4x2/4x4, but the sticker price on a base model XLT 4x2 Screw is approx. $31k.
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Nice loaded XLT 2WD sticker just a hair over $32K. Was a price leader in a newspaper ad on a Saturday. It was a new 2005 and I purchased it at the end of the year (05). With all the rebates, finance rebate thru Ford Motor Credit the ad sale price was $18,988 plus tax.
Like I said I got into it better than right.
Like I said I got into it better than right.
X-plan ( about 75 bucks under invoice) for an '06 XLT 2wd Screw I was looking at was 28k during family plan, less 4k in rebates. The dealer gave me the invoices. In fact, I just pulled those out of my drawer, and am looking right at them. A/Z plan was 27k less rebates. I'm not calling BS, but I dunno how you saved THAT much.
Nate,
At the time the dealer was advertising the units behind his true cost, including rebates, holdback, as well as special incentives on this exact model edition Screw. It was a Texas/Oklahoma Edition, so it already had discounts on the sticker, then go behind invoice, behind A-Plan, back out dealer commisions including holdback and figure in $7K worth of rebates. Again some of these rebates are never shown to the public out right.
Many times the advertised prices in the paper are going to be better than you could ever walk in off the street and buy for. The dealer prices 1 vehicle at way back of invoice as a price leader to bring in a mass of potential buyers, but only offers 1 truck at that price. The dealer then tries to sell all the other potential buyers a more profitable vehicle. Not an old time bait and switch which has been declared illegal, but one price leader, which must be avalible for sale. It's a great way to buy at a fantastic price. I can get D-Plan price but I can save more by the purchsase of ad units.
At the time the dealer was advertising the units behind his true cost, including rebates, holdback, as well as special incentives on this exact model edition Screw. It was a Texas/Oklahoma Edition, so it already had discounts on the sticker, then go behind invoice, behind A-Plan, back out dealer commisions including holdback and figure in $7K worth of rebates. Again some of these rebates are never shown to the public out right.
Many times the advertised prices in the paper are going to be better than you could ever walk in off the street and buy for. The dealer prices 1 vehicle at way back of invoice as a price leader to bring in a mass of potential buyers, but only offers 1 truck at that price. The dealer then tries to sell all the other potential buyers a more profitable vehicle. Not an old time bait and switch which has been declared illegal, but one price leader, which must be avalible for sale. It's a great way to buy at a fantastic price. I can get D-Plan price but I can save more by the purchsase of ad units.
Originally Posted by jonrjen
Nate,
At the time the dealer was advertising the units behind his true cost, including rebates, holdback, as well as special incentives on this exact model edition Screw. It was a Texas/Oklahoma Edition, so it already had discounts on the sticker, then go behind invoice, behind A-Plan, back out dealer commisions including holdback and figure in $7K worth of rebates. Again some of these rebates are never shown to the public out right. .....
At the time the dealer was advertising the units behind his true cost, including rebates, holdback, as well as special incentives on this exact model edition Screw. It was a Texas/Oklahoma Edition, so it already had discounts on the sticker, then go behind invoice, behind A-Plan, back out dealer commisions including holdback and figure in $7K worth of rebates. Again some of these rebates are never shown to the public out right. .....

Except I had to throw about 5k of negative equity back on it... still about 5k under sticker for the F-150 though, so I'm aight...


