Trade In Value
Trade In Value
I am looking to trade in my 2004 XLT 4x4 for a new 2009. Any idea on trade in value that dealers will give me right now. My truck is in good condition w/ only 55K miles on it. It's the 5.4 engine 4 wheel drive.
Also, is Ford offereing 0% for 60 months on the F150's.
thanks
Also, is Ford offereing 0% for 60 months on the F150's.
thanks
I am looking to trade in my 2004 XLT 4x4 for a new 2009. Any idea on trade in value that dealers will give me right now. My truck is in good condition w/ only 55K miles on it. It's the 5.4 engine 4 wheel drive.
Also, is Ford offereing 0% for 60 months on the F150's.
thanks
Also, is Ford offereing 0% for 60 months on the F150's.
thanks
Dealers use Black Book and auctions to determine the price of used cars. If KBB says $12,975 the dealer will probably hit around $11k.
It's all a number game, they will either give you more for your trade, or take more off the sticker price of the new truck.
For my situation, KBB said $13,300 excellent trade-in value for my 2004 FX4 with 34k miles. My dealer gave me $16,300 on trade-in, but then I only got $6900 off sticker on my new 09 truck. My old truck was in mint condition and didn't even last a week on their lot before it was sold.
Other people report up to $10k off sticker on their new 09 truck, but they only get actual KBB value or less for their trade.
For my situation, KBB said $13,300 excellent trade-in value for my 2004 FX4 with 34k miles. My dealer gave me $16,300 on trade-in, but then I only got $6900 off sticker on my new 09 truck. My old truck was in mint condition and didn't even last a week on their lot before it was sold.
Other people report up to $10k off sticker on their new 09 truck, but they only get actual KBB value or less for their trade.
That's what I'm hearing also. Trade in values have supposedly increased in the last few months.
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I was able to get a total of $11K off the sticker of mine, and that was using a 98 F150 XLT Scab as a trade in. Right now really is the time t deal.
www.edmunds.com and www.kbb.com. Look for dealer trade in values with your equipment and use the fair to good ratings for reasonably accurate value.
Concur...my '05 Lariat 4x4 was $18K via KBB (trade in value) and that's what the dealer gave me...right now used f-150's in good shape seem to be coming in at or very near KBB. Generally, a dealer will try and come in a couple of grand below KBB but times are different now with the economy slow more folks are looking for used vehicles...



