Trade In Value= Lousy
10-24-2010, 05:36 PM
#1
Member
Thread Starter
Join Date: May 2007
Location: ATL from BOS
Posts: 214
Trade In Value= Lousy
Looked at a 2011 Maxima SV yesterday at local Nissan dealer. They offered me $13,000. real money for the 07 with 66K miles. They would take $5,000. off the $40K sticker of the new car. They also wanted $999 phoney prep fee and $599 for phoney documentation fee.
I thanked them and left.
Looks like we will drive the 07 until the wheels fall off or it hits 150K miles.
I thanked them and left.
Looks like we will drive the 07 until the wheels fall off or it hits 150K miles.
10-24-2010, 05:58 PM
#2
Senior Member
Join Date: Nov 2007
Location: New Brunswick, Canada
Posts: 497
Yeah, cars have no value anymore. It also doesn't help that the manufactures are giving cars/trucks away with 0% interest for 60-80 months. In my neck of the woods the only car that continues to hold value is Subaru.
10-25-2010, 12:33 PM
#7
who ever said a car was a good investment? everyone tells you it's one of the worst financial investments.
If no costly problems occur, how come no one ever plans on keeping a car beyond paying it off? why buy?
I shopped for a long time until a car offered all the features I wanted, looked appealing to me, and reasonably in my budget. No way I'm making over $500/month for 5 years just to get rid of it.
If no costly problems occur, how come no one ever plans on keeping a car beyond paying it off? why buy?
I shopped for a long time until a car offered all the features I wanted, looked appealing to me, and reasonably in my budget. No way I'm making over $500/month for 5 years just to get rid of it.
10-26-2010, 08:06 PM
#10
When I traded my 06 in for my 09, I got like 13k on the trade, seems typical, the dealer takes the risk of selling and making or losing on the car, my 06 took 6 months for the guy who bought it to actually sell it.
Im just sticking with paying off my 09, my only mistake was leasing the 06, otherwise that would be paid off and I would have an extra 600 every month
Im just sticking with paying off my 09, my only mistake was leasing the 06, otherwise that would be paid off and I would have an extra 600 every month
10-29-2010, 06:01 PM
#11
Thread
Thread Starter
Forum
Replies
Last Post
MR2 T'd
5th Generation Classifieds (2000-2003)
6
07-09-2021 05:06 AM
My Coffee
New Member Introductions
15
06-06-2017 02:01 PM