Quote:
Originally Posted by topazsparrow
I was more than a little surprised to hear that my 2013 FR-S with a 6spd is valued at around 16 - 18k CAD for trade in.
I still owe 18k on it... 
The Dealers all said that they're having a hard time moving the cars and they don't want it sitting on the lot over the winter.
I don't really know what to do now because I need something that's safer on the mountain highways during the winter. Not to mention I can't bring myself to pulverize the poor girl with sand/gravel. |
Whatever you bring to a dealer they're going to tell you they'll have a hard time moving it The truth is that cars they don't want to retail themselves just go straight to wholesale auction. Just understand that regardless of how the dealer spins the numbers, the very most to expect for the trade in real dollars is wholesale.
KBB (which tends to run a bit high) puts wholesale in very good condition with average miles at $18k so you should be okay from an equity standpoint. You might need to fight a little for the full $18k but they'll find it if they want to sell you another car badly enough.
A winter beater might make more sense and it'll allow you to both pay down the loan a bit and unload the FRS in the spring.