Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community - FT86CLUB - View Single Post - About to put a deposit down, does that guarantee the car is mine?

ashtray · 02-25-2013, 06:40 AM

^^^Banking on a dealer to offer you MORE for your trade than, oh, ANY valuation you come up with is a pipe dream. There's "trade-in" value, private party value, and retail value. Oh, and also auction value (and cost to transport and sell it at auction), and then there's "we got you in our trap" value where you're drooling over the new car so much they'll give you pennies on your trade in and make you feel like they're doing you a favor. ("Actually that offer of $3.52 was really generous of us, bc we're just going to take it to auction - but first the transmission probably needs replacing, all new tires, fix all the scratches, re-upholster the interior, and then add $2k to transport it 100 miles away to the auction and pay a 15% fee to sell it there. Really, at that price, you're the one ripping US off - but Im doing you a favor."

Don't believe me? Wait and see! (Go to CarMax first - they'll make you an offer to buy your car that's good for 7 days or something. And it will be about 80% of trade in value. And after you go talk numbers with the Subaru dealer, that lowball CarMax offer will seem very generous.)

Also expect to be talked into extras - LoJack, extended warranty, etc. it's not a "hard sell", but a passive aggressive soft sell. They will add it in on the sticker "oh, you want that. Everyone gets it. Highly recommend it." and then "it's only $20/month more - for piece of mind, that's the best deal you'll get this week!"

Have fun!

02-25-2013, 06:40 AM	#21
ashtray As Seen On The Internet Join Date: Apr 2011 Drives: 2003 WRX, 2013 BRZ, 442 Location: SoCal Posts: 852 Thanks: 23 Thanked 251 Times in 159 Posts Mentioned: 1 Post(s) Tagged: 2 Thread(s)	^^^Banking on a dealer to offer you MORE for your trade than, oh, ANY valuation you come up with is a pipe dream. There's "trade-in" value, private party value, and retail value. Oh, and also auction value (and cost to transport and sell it at auction), and then there's "we got you in our trap" value where you're drooling over the new car so much they'll give you pennies on your trade in and make you feel like they're doing you a favor. ("Actually that offer of $3.52 was really generous of us, bc we're just going to take it to auction - but first the transmission probably needs replacing, all new tires, fix all the scratches, re-upholster the interior, and then add $2k to transport it 100 miles away to the auction and pay a 15% fee to sell it there. Really, at that price, you're the one ripping US off - but Im doing you a favor." Don't believe me? Wait and see! (Go to CarMax first - they'll make you an offer to buy your car that's good for 7 days or something. And it will be about 80% of trade in value. And after you go talk numbers with the Subaru dealer, that lowball CarMax offer will seem very generous.) Also expect to be talked into extras - LoJack, extended warranty, etc. it's not a "hard sell", but a passive aggressive soft sell. They will add it in on the sticker "oh, you want that. Everyone gets it. Highly recommend it." and then "it's only $20/month more - for piece of mind, that's the best deal you'll get this week!" Have fun!