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#1
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When is best time to trade in/up?
I'm driving an 02 GC that's getting close to 50,000 miles. I know most
fleets seem to rotate/trade their cars @ 3 years or 50,000 miles (whichever comes first). Is there a good reason for this? Do jeeps resale/tradein values flux much? Thanks |
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#2
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Brian Foster did pass the time by typing:
> I'm driving an 02 GC that's getting close to 50,000 miles. I know most > fleets seem to rotate/trade their cars @ 3 years or 50,000 miles (whichever > comes first). > > Is there a good reason for this? Do jeeps resale/tradein values flux much? For trade-in and re-insurance value your better off below 9 years and 90,000 miles. That's about the cap. It all depends on demand. Personally I drive my vehicles till the body rots off. -- DougW |
#3
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No doubt, lower milage vehicles bring better trade-in value.
To me the biggest factor is whether I have built up enough equity in my vehicle to make the trade feesible. -- JimG 80' CJ-7 258 CID, HEI 4.56 Gears, Lock-Right F&R 35" BFG MT on 15x10 Centerlines D44 Rear, D30 Front. SOA Dana 300 w/4:1 & Currie twin sticks Warn X8000i w/ dual batteries 00' TJ Sport 4.0L, 5sp 4.56 Gears, TrueTrac rear 33" BFG AT on 15x8 Eagle Alloys D35 Rear, D30 Front. 3" Suspension Lift "Brian Foster" wrote in message ... > I'm driving an 02 GC that's getting close to 50,000 miles. I know most > fleets seem to rotate/trade their cars @ 3 years or 50,000 miles > (whichever comes first). > > Is there a good reason for this? Do jeeps resale/tradein values flux much? > > Thanks > |
#4
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Only if you are a giant company leasing their vehicles does it
become cost effective for a tax write off at three years, and that's only to keep the reps happy. God Bless America, ßill O|||||||O http://www.billhughes.com/ Brian Foster wrote: > > I'm driving an 02 GC that's getting close to 50,000 miles. I know most > fleets seem to rotate/trade their cars @ 3 years or 50,000 miles (whichever > comes first). > > Is there a good reason for this? Do jeeps resale/tradein values flux much? > > Thanks |
#5
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i dont think there is _ever_ a good time to trade in. if you walk in the
door with a trade-in youve already lost because theyre going to beat you on both ends (trade in allowance and again on the price of the vehicle youre buying). when we were getting our '01 cherokee appriased for trade in on our '04 cummins 4x4 they were talking the $15,000 range.....right up until they found out i would be using a program that allowed me to purchase the truck at green sheet pricing. when they realized they couldnt hide the true allowance into the balloon mark-up of the truck that $15,000 became a little more than $7000 trade in allowance. sometimes you dont have much choice and ive lost my shirt more than once on a trade. it is for this reason that i will never buy anything less than premium vehicles because its much easier to sell a used premium vehicle than it is a lesser equipped vehicle and when you sell it (instead of trading it) you can walk into the dealership in a much better position than you are if you have to trade. -- Nathan W. Collier http://7SlotGrille.com http://UtilityOffRoad.com. "Brian Foster" > wrote in message ... > I'm driving an 02 GC that's getting close to 50,000 miles. I know most > fleets seem to rotate/trade their cars @ 3 years or 50,000 miles > (whichever comes first). > > Is there a good reason for this? Do jeeps resale/tradein values flux much? > > Thanks > |
#6
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Nathan:
What is "green sheet" pricing, and how does it relate to "factory invoice price?" Tom "Nathan W. Collier" > wrote in message ... right up until > they found out i would be using a program that allowed me to purchase the > truck at green sheet pricing. when they realized they couldnt hide the true > allowance into the balloon mark-up of the truck that $15,000 became a little > more than $7000 trade in allowance. > |
#7
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Brian Foster proclaimed:
> I'm driving an 02 GC that's getting close to 50,000 miles. I know most > fleets seem to rotate/trade their cars @ 3 years or 50,000 miles (whichever > comes first). You should still have plenty of warranty left if that is worrying you--in the event of failure. > > Is there a good reason for this? Do jeeps resale/tradein values flux much? In some areas in some seasons you might pay a bit extra for a used one. If you were to get some sort of rebate on trading for a new one you might make out financially--betting that this year's sales will be worse than next year for the manufacturer. Trading cars every 50K miles is a horrid investment unless you can write them off on taxes...like fleet owners. Otherwise you take a terrible depreciation hit the instant it leaves the dealer lot and haven't really gotten good value out of it with only 50K. However, if a new model turns you on, its your money and your choice. |
#8
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"mabar" > wrote in message
... > What is "green sheet" pricing, and how does it relate to "factory invoice > price?" hi tom green sheet is supposedly the price the dealer actually paid for the vehicle. -- Nathan W. Collier http://7SlotGrille.com http://UtilityOffRoad.com |
#9
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And how much lower is that price compared to the "dealer invoice" price that
you get on kbb.com or edmunds.com? And...How did you get "green sheet" pricing? "Nathan W. Collier" > wrote in message ... > "mabar" > wrote in message > ... > > What is "green sheet" pricing, and how does it relate to "factory invoice > > price?" > > hi tom > green sheet is supposedly the price the dealer actually paid for the > vehicle. > > -- > Nathan W. Collier > http://7SlotGrille.com > http://UtilityOffRoad.com > > |
#10
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Green sheet is not "what the dealer really paid" it is just an incentive for
family members who work for "chrysler" it doesnt even apply to dealership employees "Nathan W. Collier" > wrote in message ... > "mabar" > wrote in message > ... > > And how much lower is that price compared to the "dealer invoice" price > > that > > you get on kbb.com or edmunds.com? > > im not real sure. "green sheet" was a term the sales manager used when he > called chrysler to verify that the program was in affect, and that my > credentials were valid. fwiw i paid $33,280 something for my dodge that > stickered for over $44,000. > > > And...How did you get "green sheet" pricing? > > if you have a relative working for d/c he has an employee number that he can > give out 5 times per year to his relatives to purchase new vehicles. as i > understand it they also have plans for employees of vendors who supply parts > to d/c. > > -- > Nathan W. Collier > http://7SlotGrille.com > http://UtilityOffRoad.com > > |
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