Today's the day...

[jm1681]

Originally Posted by dori.

I doubt very seriously that any dealer is going to give you a trade in value comparable to what they list on sites like KBB. Usually it's going to be about 20 to 25% less...

Originally Posted by encity5

Yea i always assumed KBB trade in values are more optimistic...

See, that just bugs me though. It might be how these things work, and I get that, but then, WHY HAVE THE RESOURCE IN THE FIRST PLACE?! (Not screaming at either of you, screaming in general )

We checked four different sites and they all came up with the same numbers (Within $50). At that point, to not honor the amount is just slimey.

Originally Posted by dori.

edit: though if they gave you a $60 higher monthly payment than what was quoted, fuck them.

Exackle.

[norm24]

Now I understand. It's the monthly payment that's $60 more. And yes, I agree with you, $60 is quite a lot. That's ~$3600 over a 5 year loan.

Since I put my deposit back in April, I've been on Canadian Black Book (Canadian version of KBB) daily (literally) watching the trade in value of my car go down... over 3 months, the value dropped a little less than $1000. That pissed me off, but accepted that car value depreciates. Then when my order came in, I was ready to accept the "LOW" value from CBB, then the dealer offered 3K less than the LOW value. I asked for my keys back and left right away.

Try calling around dealerships a bit farther from you and make them commit to at least the LOW KBB trade in value. I did this and got the MID trade in value for my car, which is 3.5K more than what 3 other dealership is offering (not after they tried to low ball me when I was already there, but I told them I have an email from their sales rep saying I'll get between low to mid trade-in value subject to test drive).

[helloimgil]

This is why I would never trade-in a car. I actually sold my 09 Lexus IS 250 on a Wednesday private party and went in to pick up my BRZ the following Sat. I got about 4-6k more than what several stealerships were appraising for. This may change though depending on the market demand for your car. If you see them selling decently on craigslist I would give that a shot, just make sure you take great high quality photos. It took less than a week with several potential buyers calling the moment I put up real real good photos.

[whitefrs]

Originally Posted by jinrawke

This is why I would never trade-in a car. I actually sold my 09 Lexus IS 250 on a Wednesday private party and went in to pick up my BRZ the following Sat. I got about 4-6k more than what several stealerships were appraising for. This may change though depending on the market demand for your car. If you see them selling decently on craigslist I would give that a shot, just make sure you take great high quality photos. It took less than a week with several potential buyers calling the moment I put up real real good photos.

Thats the best route to go but hey some people are not lucky.
I tried selling mu tC for 3 months and not even a single call or email and the price was perfect for all the mods
2008 tC with 50k miles with mods for 11.5 k

[jm1681]

Originally Posted by norm24

...Try calling around dealerships a bit farther from you and make them commit to at least the LOW KBB trade in value...

Here's the thing though, did they have a car on the lot for you? Best I can tell, if you don't order a car, you don't get one. So really, I'd have to go through everything I just went through, to possibly end up in the same exact spot ten weeks from now

Originally Posted by whitefrs

Thats the best route to go but hey some people are not lucky...

Exactly I keep thinking about this as an option, but the car could sit for MONTHS and not move

EDIT: I might as well note, I DID speak to the sales manager who gave me my initial quote in August. He's presently waiting to hear back from a bank concerning... something (<-Said like Clarkson while referring to the Gallardo's Corsa button). I'm really not sure what he's doing, or if it will even do me any good, but he knows my bottom line, and if he can hit it, they sell a car. I waited ten weeks, I suppose I can wait another few hours to hear from him

[terrypm]

Originally Posted by jm1681

I'm so close, and I know when I see it at the dealer, all logic is going to go out the window XD

Still, I know what my current car blue books at, and I really can't stand to not get what I deserve on it

You really need to sell your car yourself with a private party transaction. If it is in good shape and you can provide a paper trail of all maintenance receipts you will find a willing buyer.
Now with schools/colleges starting back is a prime used car market time.

Also a cash buyer vs a trade-in buyer will always come out ahead buying a new car. There are many extra variables when a new car buyer has a trade.

[GNS]

While I agree and understand this fact, this just wasn't the case. I got bad information all-around, most likely because they believed that once I saw the car, I wouldn't be able to say no.

In June, I was told I could lease the car, and yesterday, I was told I didn't have enough equity in my trade to do a lease. I'll bet if I got book value on the car I would, but that's neither here nor there. If I was negative in equity, why was I allowed to get this far? I would NEVER have bothered placing an order, and waiting 10 weeks to be disappointed like this.

Sounds like dishonesty to me. They strung you along hoping you'd make an impulse decision when you see the car. Bait and switch...

[GNS]

Also, trading in a vehicle is one of the biggest money makers for stealerships - they will absolutely rape you on the trade in value. Do yourself a favor, sell your old car privately. Get the FR-S for a fair price first, if you can, so that you're not left without a car.

[terrypm]

I would suggest you sell your car privately first, at your asking price, before you buy your new FR-S. If you do it in reverse order you might be tempted to take some low balled price just to keep from having two car payments, insurance and license plate registrations.

[jm1681]

Originally Posted by GNS

Sounds like dishonesty to me. They strung you along hoping you'd make an impulse decision when you see the car. Bait and switch...

My thoughts exactly.

Originally Posted by GNS

Also, trading in a vehicle is one of the biggest money makers for stealerships - they will absolutely rape you on the trade in value. Do yourself a favor, sell your old car privately. Get the FR-S for a fair price first, if you can, so that you're not left without a car.

That sounds great, but ultimately, I can be stuck with my current car for a LONG time before anyone decides to buy it

Originally Posted by terrypm

I would suggest you sell your car privately first, at your asking price, before you buy your new FR-S. If you do it in reverse order you might be tempted to take some low balled price just to keep from having two car payments, insurance and license plate registrations.

See, this is the problem; I'm just... bad at all the red tape. I like going through dealers because I don't want to get stuck in a bad place, and going through a dealer sort of avoids that. Yes, they rail you when it comes to value, but at least you're clear of legal red tape.

[dori.]

You should just try to sell it though. It isn't going to hurt you. If it sells, you can step easily into the new FRS. If it doesn't you can keep trying or just trade it.

[jm1681]

Actually, tonight, the stars aligned

They did it. I don't know how, but they did it

The car... is home ^_^

[MVJ1975]

Congrats!

[jm1681]

Thanks man ^_^ It just doesn't feel real yet.

I've been following this car for so long. Before I bought my last car, I was following the FR-S. When it was just a twinkle in Toyota's eye, I was following this thing.

Now that I've got it, I feel like it's all downhill from here XD