Who's got a trade-in?

[pitter_patter]

Depends on how old your trade-in is.

In most cases if your trade is over about 5 years old the dealership is only taking it on trade to wholesale it, they won't be keeping it on their lot to sell. The dealership isn't coming up with the trade-in value, they are putting it out to bid to wholesalers. So if a wholesaler says they will take that 7 year old Lexus for a max of $XX that is what the dealer will offer - regardless of what KBB says about trade-in value. In these cases the dealer is only being a middle man between you and a wholesaler.

At reputable dealers, on newer vehicles that the dealership will keep on their lot, KKB is going to be pretty accurate, and you shouldn't have a problem negotiating to the KKB listed trade-in value, and be able to see exactly how much more you could make by selling it yourself, and if the hassle of selling it yourself is worth it to you.

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[djp]

What did you use to sell? Craigslist? Facebook Market?

Craigslist+ Facebook Marketplace. Buyers came always from Craigslist though.

Secret is high quality pictures in the sun, in a nice neighborhood
Example of the pictures I took...with my iphone 7 and used for my Craigslist Postings
Here is the full set i posted for my Jeep Grand Cherokee.
https://photos.app.goo.gl/o4LsD8iPvC5dEn7n9

Damn I've sold a lot of cars for my family members in last 2-3 years...

Also make sure you have a good write up.... like mine below:
(this is the one dealership offered 18,000 and i sold in 3 days for 27,500)

2017 Jeep Grand Cherokee Laredo 4x4 Altitude edition

24,016 miles
Asking $27,900 obo

6500lbs GVWR
Thus is approved for IRS Section 179 for $25,000 deduction and 100% depreciation for year-2020

Original Owner
Selling as we are turning into a single car family + harley of course.

Always garaged and meticulously maintained
Zero dents or dings and no accidents
Full synthetic oil
Tires rotated every 5,000
My Jeep is Flawless and I take very good of our things.

Billet silver Metallic color
Black Interior - Leather
3.6 Liter V6 24-Valve VVT Engine with ESS
8-Speed Paddle-Shift Automatic Transmission
4x4 - Quatra-Trac 4WD system
Tow Package - 7,200lb Tow Capacity
Altitude Package
Power Lift Gate
Heated Seats
Keyless Entry/Proximity Key
Remote Start
Ready Alert Breaking
Uconnect 5.0 Infotainment touch-screen system

Extras:
Tinted Windows
Rear Jeep Cargo Liner
Husky Weathertech floor liners

Jeep Altitude IV Package:
20" Gloss Black Aluminum Wheels
Black Leather Seats with Suede Insert
Jeep Black Badges
8.4" touchscreen display
Anodized Gun Metal Interior Accents
Heated Seats
Heated Steering Wheel
Power 8-way + 4-way lumbar seat
Remote Start SystemSecurity Alarm
SirrusXM

5-year / 60k Warranty


Email with any questions.
Also can send better photos as craigslist seemed to lower the quality.

 

[Bronco4lyfe85]

Nope Granger already told us they’ll give our market value from Car Max or whatever it is and we can check it 6-8 weeks ahead of delivery and make a decision.

 

[IDyeti]

Attempting a private sale a few months before delivery, seems like my Xterra is gaining value as of late. Dealership will short me anyway due to mods.

 

[Roger123]

I'll bring my old car to Carmax and get a quote, then see how it compares to their offer, no big deal either way, doesn't matter to me who gets it. Selling privately can be a hassle (tire kickers who don't show up, low ball offers, cashing their check, etc.) but is often the best financial move from a pure price perspective. I've only sold Hondas privately and they've always gone super quick when you price them right.

 

[Desert_6G]

If anything you have the advantage. Sine dealers are strongly encouraged to have reservation holders follow through with their orders. You have leverage when it comes to having your dealership buy your trade-in. I've always felt you are selling your vehicle not that the dealership is buying it. So if they don't want to buy your vehicle for what your willing to sell it to them; then tough luck. And I've always got what I wanted by sticking to it. Even if the dealer has to have your Bronco sit on their lot; they aren't allowed to sell it unless you back out.

 

[WuNgUn]

Depends on how old your trade-in is.

In most cases if your trade is over about 5 years old the dealership is only taking it on trade to wholesale it, they won't be keeping it on their lot to sell. The dealership isn't coming up with the trade-in value, they are putting it out to bid to wholesalers. So if a wholesaler says they will take that 7 year old Lexus for a max of $XX that is what the dealer will offer - regardless of what KBB says about trade-in value. In these cases the dealer is only being a middle man between you and a wholesaler.

At reputable dealers, on newer vehicles that the dealership will keep on their lot, KKB is going to be pretty accurate, and you shouldn't have a problem negotiating to the KKB listed trade-in value, and be able to see exactly how much more you could make by selling it yourself, and if the hassle of selling it yourself is worth it to you.

It's a 2019 Escape Titanium loaded with platinum tri-coat. Last year, they sent me a letter wondering if I would trade it in on a new car and they'd give me a few % points OVER Blue-book value. Hopefully that can play into my advantage.

 

[abe]

I sold mine 3 weeks ago private party because used truck prices are ridiculously high right now. Paid it off, bought a cheap SUV to drive til bronco, and I think i'll still come out way ahead of where I would be if I waited to trade it in.

 

[MyATV]

In most cases if your trade is over about 5 years old the dealership is only taking it on trade to wholesale it, they won't be keeping it on their lot to sell.

At reputable dealers, on newer vehicles that the dealership will keep on their lot, KKB is going to be pretty accurate, and you shouldn't have a problem negotiating to the KKB listed trade-in value, and be able to see exactly how much more you could make by selling it yourself, and if the hassle of selling it yourself is worth it to you.

I wonder if the Ford dealership will keep a used Jeep on their lot to resell.

 

[ElBronc]

I'll be trading in my Bronco Sport FE.

 

[Techun]

It's a 2019 Escape Titanium loaded with platinum tri-coat. Last year, they sent me a letter wondering if I would trade it in on a new car and they'd give me a few % points OVER Blue-book value. Hopefully that can play into my advantage.

They send those letters to everyone btw, it doesn't matter what your vehicle is.

 

[Balthezor]

Craigslist+ Facebook Marketplace. Buyers came always from Craigslist though.

Secret is high quality pictures in the sun, in a nice neighborhood
Example of the pictures I took...with my iphone 7 and used for my Craigslist Postings
Here is the full set i posted for my Jeep Grand Cherokee.
https://photos.app.goo.gl/o4LsD8iPvC5dEn7n9

Damn I've sold a lot of cars for my family members in last 2-3 years...

Also make sure you have a good write up.... like mine below:
(this is the one dealership offered 18,000 and i sold in 3 days for 27,500)

Wow, thank you sir. Good ideas. I've never sold a vehicle privately.

 

[AK SNO RIDER]

8 months gives me lots of time to get my RS sold privately

 

[Wanted33]

I understand it would be impossible to give me a price on my trade when I order. So, I've got to trust my dealer won't try to screw me when we're a few weeks out from the Bronco arriving. I have no idea what I would do if that would happen.

 

[Wanted33]

I wonder if the Ford dealership will keep a used Jeep on their lot to resell.

The local Ford dealer I buy from does. Luckily the Ford dealer that I'm buying my Bronco from owns the Jeep dealership right beside his Ford dealership. So, I've got that going for me.

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