Topic Sponsor
2009 - 2014 Ford F150 General discussion on 2009 - 2014 Ford F150 truck.
Sponsored by:
Sponsored by:

When's a good time to trade in?

Thread Tools
 
Search this Thread
 
Old Sep 28, 2014 | 01:30 PM
  #1  
Andrade's Avatar
Thread Starter
Senior Member
iTrader: (3)
 
Joined: Oct 2011
Posts: 725
Likes: 54
From: La Grange Park, IL, United States
Default When's a good time to trade in?

Hey fellas, what's a good month to trade my truck in for a left over 13 or if I get a good deal on a 14? With two kids and two big baby seats, my Scab gets cramped fast! I hate having to move my seat all the way forward just to clear the babies seat behind me. Also, what is a good dollar to get out of mine? I'm at 49k miles and everything is in flawless shape minus two small door dings. No nav or moon roof, Blackbook claims between 21-26k, Does that sound right?

Thanks
Reply
Old Sep 28, 2014 | 02:03 PM
  #2  
NASSTY's Avatar
Senior Member
15 Year Member
 
Joined: May 2011
Posts: 12,075
Likes: 4,002
From: ME
Default

That sounds about right. The Black Book price on my 2011 FX4 Eco Scab,cloth seats with 26k miles is $20,155 - $25,910. They gave me $25,500 for it yesterday. Its not too bad, but a little disappointing considering Blue Book price is just under $28k.
Reply
Old Sep 28, 2014 | 02:23 PM
  #3  
Andrade's Avatar
Thread Starter
Senior Member
iTrader: (3)
 
Joined: Oct 2011
Posts: 725
Likes: 54
From: La Grange Park, IL, United States
Default

Those are some low milage numbers! very nice! I'll be happy if I get 26K for it, what did you end up getting if you don't mind me asking?
Reply
Old Sep 28, 2014 | 03:02 PM
  #4  
Ricktwuhk's Avatar
Senior Member
Liked
Loved
Community Favorite
Top Answer: 10
 
Joined: Dec 2013
Posts: 14,975
Likes: 6,035
From: SE Michigan
Default

Trade values are tremendously impacted by auction prices and dealer inventory of used vehicles. If they need your vehicle, you'll get more. If they don't, you get less.

Keep in mind that you always want to negotiate the new price before you mention a trade. Otherwise, they can make your trade price look good but you're losing on the new vehicle, or vice-versa.

The exception to that is when your purchase price is fixed, i.e. X plan, so the only thing that matters is your trade value.

I sell 1/2 the time privately, trade 1/2 the time. Depends on the issues with the vehicle, and whether I want to have to disclose things which I would have to in a private sale but don't have to to a dealer unless they ask.

It also matters in areas where they net your sales tax (or partially do like in Michigan). $40k purchase minus $20k trade = taxes on $20k value (for some states), which could be $1,000 or more in savings.
Reply
Old Sep 28, 2014 | 03:06 PM
  #5  
djfllmn's Avatar
Administrator
Supporting Member

10 Year Member
Community Influencer
Community Favorite
Top Answer: 5
iTrader: (1)
 
Joined: Jun 2012
Posts: 23,892
Likes: 5,969
From: Amish Country
Default

Originally Posted by Ricktwuhk
Trade values are tremendously impacted by auction prices and dealer inventory of used vehicles. If they need your vehicle, you'll get more. If they don't, you get less.
^^^^this...i got 16k for my 7 year old F150 with 38k miles for trade...if a dealer wants it bad enough they will give you a good price...and i also work at a ford dealer so the inventory and auction is 100% true too
Reply
Old Sep 28, 2014 | 04:15 PM
  #6  
NASSTY's Avatar
Senior Member
15 Year Member
 
Joined: May 2011
Posts: 12,075
Likes: 4,002
From: ME
Default

Originally Posted by Andrade
Those are some low milage numbers! very nice! I'll be happy if I get 26K for it, what did you end up getting if you don't mind me asking?
I got a 2014 FX4 Tremor.
Attached Thumbnails When's a good time to trade in?-sam_0172.jpg  
Reply
Old Sep 28, 2014 | 11:35 PM
  #7  
Damn Dirty Ape's Avatar
SS..DD
10 Year Member
Liked
Loved
Community Favorite
iTrader: (1)
 
Joined: Jun 2011
Posts: 2,751
Likes: 102
From: S.W. Illinois
Default

Originally Posted by NASSTY
I got a 2014 FX4 Tremor.
Very nice. Congrats!!!
Reply
Old Sep 29, 2014 | 10:13 AM
  #8  
brn2ski00's Avatar
Senior Member
 
Joined: Oct 2010
Posts: 125
Likes: 7
Default

FWIW - I just got $31,800 for my 2011 Lariat (Ecoboost/6.5'/loaded w/ no nav)
Reply
Old Sep 29, 2014 | 10:59 AM
  #9  
GUS.975's Avatar
Senior Member
 
Joined: Jan 2013
Posts: 143
Likes: 22
From: London, Ontario, Canada
Default

Originally Posted by NASSTY
I got a 2014 FX4 Tremor.
OMG, please do it up very close to how your 2011 was. Loved that truck. Haven't seen any "leveled with big tires" tremors yet.
Reply
Old Sep 29, 2014 | 11:57 AM
  #10  
Andrade's Avatar
Thread Starter
Senior Member
iTrader: (3)
 
Joined: Oct 2011
Posts: 725
Likes: 54
From: La Grange Park, IL, United States
Default

Originally Posted by brn2ski00
FWIW - I just got $31,800 for my 2011 Lariat (Ecoboost/6.5'/loaded w/ no nav)
that's a good deal! What was your milage? I know that plays a big part in appraisal.
Reply



All times are GMT -4. The time now is 02:04 PM.