Mods - Excuse if I post in the wrong forum. But there have been posts in this forum about Ford owners switching to other makes of pickup. I looked at other forums herein but the traffic there was sparse.
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Now my post.
Yesterday my daughter with her 2007, SuperCrew, with all the accessories told me she as sorry she had bought the big pickup as the big pickups are either being denied as trade-ins or the trade in price offer is so low if the vehicle to be purchased is very high in sticker price.

Then on TV last night a news type TV clip from a Dealership was soliciting trade ins if they could find a Dealership to consume the trade in. This Dealership had joined a venture where several Dealerships have a communication system that describes the anticipated trade and is there a Dealership out there that may have a need for such a trade in. - It was not said, but if a Dealership has to go out to other Dealerships then this means the original Dealership does not want the trade-in.

Comments.

 

Sounds like your chasin' a monkey around a barrel to me...

Dealers communicate with other dealers about trade ins, because, that is a tool they use to fulfill a customer need. If they were to have such a need. It has been done like that for years...

As far as trade in values go... http://www.nadaguides.com/

They should ALL go by the book.

 

Sell it yourself. You can, and will always get more that way.

 

Ok, I am feeling the pinch of gas prices also. But, gas is only a buck more than last year when she bought it.

 

for some people, that hurts bud. i really feel the pinch since im moving and using 20 gallons each time, buying premium.

 

You always lose your *** selling a new vehicle, but to sell a new gas guzzling vehicle during a time like this is insanity. Whatever possible money you will save on gas on the next 5 years of ownership will be small in comparison to the amount of cash you will throw out the window trading in a new truck during a time like this. How many miles does she drive to work? Can she carpool with friends? Consolidate errands? Many things can be done to limit the amount of trips and gas used, you just have to look for them

 

I would suggest hanging onto the truck. These gas prices are a bubble and somewhere aound the end of the year expect them to fall to something like $2.40-2.50 range. The REAL price for a barrel of oil is $63.00. Speculators are driving the prices up, not demand. Goldman- Sachs has the largest investments in oil right now and I would dearly love for the price to tumble overnite. It'd put these greedy creeps out of business quick.

 

I don't know where you get your info from, but I hope your right.

Might want to think about buying a cheap ( as in "cash car" ) 4 cyl if she can afford it.
As far as trade in's go, truck or car, you get low balled at any dealership on a newer vehicle no matter the condition or mileage.
Right now, they do not want more trucks on the lot, they are having a hard enough time selling what they have.
Stick a "for sale" sign on it and hope for the best.
I actually have someone (stepson) who wants to buy my truck but I am having a hard time letting it go. His truck (94 Ranger w/ 265k) is dying a li'l more each day and he has offered me a very good price for mine.

 

In my area (Utah) the value of truck hasnt decreased much. I just Bought a Dodge ram for my kid. Looked at lots of trucks before settling for that one and I found for good ones the prices are still very firm. The dealer will tell you they aint worth anything..

 

Hey -- they're in the business to make money. They can't give everyone "top dollar" for their trade-in and then expect to be able to re-sell it at a profit. Even people who are convinced they got "top dollar" on their trade usually ended up getting hosed in some other aspect of the transaction -- they're just too stupid to realize it!

90% of the people who wander onto a dealer lot are financial idiots, paying closer attention to monthly payments, interest rate on a loan, or percieved trade-in value, than in the "total cost of ownership" of the vehicle. The dealerships don't get their fancy facilities because they don't know their way around a financial transaction......

 

Ha, too true... Goldman puts oil price target at $200.. they are so influential on the street that stocks and commodities will often find Goldman's price target, simply because Goldman said so, rather than actual value.. so hold onto your pants, as Goldman screws everyone.. The real price of a barrel is still speculation - where are you getting that info?? I know people have quoted that number as well on CNBC.. but just as influential people have said oil won't drop under $90 again. I think it likely we see both $150 and $100 barrel oil in our future because that is how the market works.. But where it settles for longer than a couple months is anyone's guess..But my bet is not under $80.

 

Guys
I have read a lot of hope, theory, and philosophy in the replies to my initial post. But no one has told me what they were offered for their trade in.

FYI: Oil (44 gal is a barrel) used to be in the low $40.00's when gasoline was $1.60 a gal. Whether it is by commodity trading or hording the shares oil will remain at a high cost at the pump as long as the CEO's who buy raw barrels are stuffing their pocket. If Goldman Sachs steps to the side another commodity trader will step in for the kill and profits. Compassion is not part of the profit, purchase, and sell game.

I should of said the TV news clip advised that when a private party brings in the large pickup for a trade in, the consuming Dealership right then and there will ask other Dealerships if they have a desire to take in the large pickup. If there are no takers, and that's what "asking other Dealerships right now" means, then put your hopes aside and expect the worse.

 

No one is telling their trade in offers, because, we aren't trading. I will be driving my truck till I have to use it as a flower bed in the front yard...

The dealerships are not doing to give a decent offer for a truck now days. As a matter of fact, I can't remember when they have EVER offered a decent trade in price for a vehicle. They are not going to make a deal, and, not make money out of it. They ask another dealer if they are needing the trade in and how much they are willing to pay for it. This also keeps their costs down, by, not having another vehicle sitting around on the lot or have to transport it to an auction. That is how they calculate the offer they give you. IT HAS BEEN THIS WAY FOR YEARS, they are just getting more high tech with it by forming a network that a third party controls for a cost cutter on their own overhead, thats all.

I am speaking for myself, and maybe a few others, but, we may not be happy about how gas prices are going lately. BUT, we are not going to get rid of our trucks: (A) Because we bleed FORD BLUE, (B) LIFE SUCKS WHEN YOU DON'T OWN A TRUCK, (C) We know what our truck is worth to US and will not settle for less.

Adapt and overcome! That is all we can do!

 

this time next year gas in maryland is expected to go up to $7.00 a gallon. everyone knows it's our own people screwing with us. but i don't care just yet because it will eventually go down because oil companies will lose there asses because people will start riding bikes.

 

I only said what I did, because it is a fact that when you buy a new car or truck you literally lose thousands pulling off the lot. Last year my wife bought a new Scion TC (what she wanted, no bashing please). This week she wants to buy a 07 Mitz Eclipse. The original offer for her trade from the same dealer we bought the TC from was 6k less than what we paid. The TC car only has 10k on it/ mint cond. By the way the Dealer I buy from is primarly a large Ford,Toyota and now GM Dealer. Biggest dealer in the area. Anyway, she calls me up, I show up because I have bought alot from them and they added another $$ 2k trade by just having me walk through the door.
I understand dealers have to make their $$$ but there is ALWAYS more for them to give up. Got to push a little and have the dealers compete with each other for our business.