Trade In
04-05-2007, 03:24 PM
#1
Trade In
I thought I would ask you guys first what your opinion is
I have a 2000 Nissan Maxima GLE 120,000 miles no mods except for intake, i was at a dealership here in florida and the salesman says that he was interested in my car, now i wasn't looking for a car but my friend was so thats why i was there, he said he would give 9,000 on trade in with the car...so i look around and found two cars i like a 2005 Nissan Maxima 30,000 miles 6sp elite package, 20K for it and then i found a 2000 Mercedes Benz C43 AMG the only reason why i take interest in this car is how rare and fast it is, only 1,500 were brought to the usa, it has 60,000 miles and he wants 14K for it...
I feel like I should keep my maxima, cause I am the original owner and I love this car so what do you think i should do? I can't make this decision cause i feel it would be so hard to part with my 2000 maxima, even for the 2005 max plus its just a little more then i can spend, but the only reason i'm intrigued is what the guy will give me for trade in on it...its a good offer
I have a 2000 Nissan Maxima GLE 120,000 miles no mods except for intake, i was at a dealership here in florida and the salesman says that he was interested in my car, now i wasn't looking for a car but my friend was so thats why i was there, he said he would give 9,000 on trade in with the car...so i look around and found two cars i like a 2005 Nissan Maxima 30,000 miles 6sp elite package, 20K for it and then i found a 2000 Mercedes Benz C43 AMG the only reason why i take interest in this car is how rare and fast it is, only 1,500 were brought to the usa, it has 60,000 miles and he wants 14K for it...
I feel like I should keep my maxima, cause I am the original owner and I love this car so what do you think i should do? I can't make this decision cause i feel it would be so hard to part with my 2000 maxima, even for the 2005 max plus its just a little more then i can spend, but the only reason i'm intrigued is what the guy will give me for trade in on it...its a good offer
04-05-2007, 04:22 PM
#4
Don't you know who I am?
Join Date: Feb 2006
Location: East Granby, Connecticut
Posts: 945
Regardless of how rare, I have qualms about a 7 year old mercedes... Seems like about time that thing started falling expensively apart. Although 9k for the 2000 is a good deal... I'd jump on it!
04-05-2007, 04:52 PM
#5
A paid off car is worth a lot these days. What's a loan payment on either of those cars?
Try saving that for 3 months and if you can do that with increased insurance, then go for it! I would rather have a paid for car than the latest and greatest. (I say that now that I have an 05).
Try saving that for 3 months and if you can do that with increased insurance, then go for it! I would rather have a paid for car than the latest and greatest. (I say that now that I have an 05).
04-05-2007, 05:36 PM
#6
Senior Member
Join Date: Mar 2006
Posts: 345
How old are you? reason i ask is if youre under 25 then your insurance is going to be sky high on both..but especially on the mercedes. even though it is a few years old! Check first, and then save a few extra bucks for repairs on the benz..never know. Good luck with your decision.
04-05-2007, 06:44 PM
#7
Senior Member
Join Date: Mar 2003
Posts: 996
Sounds like a sales tactic to me. It has to be a "trade allowance" ACV (actual cash value) on your car should be 6-7k at best. Keep in mind dealers buy and sell cars all day every day, they rarely overpay for a car. Fact is if your trading your car for his, he can play with the numbers to make your cars trade value look better. Example if you'll buy this 05 Maxima (I stole from another customer for $20k) for $30k I'll give you 10k for your current whatever. Now how much did your get for your car???? 10k right, not really you got $0 for your car and I made $0 on my car but when I wholesale your POS for $5k, I made $5k.
04-05-2007, 07:33 PM
#8
Originally Posted by z32drifter
Sounds like a sales tactic to me. It has to be a "trade allowance" ACV (actual cash value) on your car should be 6-7k at best. Keep in mind dealers buy and sell cars all day every day, they rarely overpay for a car. Fact is if your trading your car for his, he can play with the numbers to make your cars trade value look better. Example if you'll buy this 05 Maxima (I stole from another customer for $20k) for $30k I'll give you 10k for your current whatever. Now how much did your get for your car???? 10k right, not really you got $0 for your car and I made $0 on my car but when I wholesale your POS for $5k, I made $5k.
04-05-2007, 09:02 PM
#9
Originally Posted by z32drifter
Sounds like a sales tactic to me. It has to be a "trade allowance" ACV (actual cash value) on your car should be 6-7k at best. Keep in mind dealers buy and sell cars all day every day, they rarely overpay for a car. Fact is if your trading your car for his, he can play with the numbers to make your cars trade value look better. Example if you'll buy this 05 Maxima (I stole from another customer for $20k) for $30k I'll give you 10k for your current whatever. Now how much did your get for your car???? 10k right, not really you got $0 for your car and I made $0 on my car but when I wholesale your POS for $5k, I made $5k.
If it sounds too good to be true...
04-05-2007, 09:46 PM
#10
yea thats what i was thinking to myself about it sounds to good to be true...also with the mercedes about 10 years ago mercedes decided cut the budget for quality in there cars, so thats what worries me, the maxima is out of my price range right now but in 4 months if all i do is save then i could maybe do it...as for the insurance i already looked into it, 2005 maxima would be the same except about a 1 dollar cheaper, so you know what i'm gonna probably keep my maxima and finish out my project on it, all new suspension in the fall...thank you all for the opinions
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