When's a good time to trade in?
Thread Starter
Senior Member
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Joined: Oct 2011
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From: La Grange Park, IL, United States
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
Thanks
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.
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.
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.
^^^^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
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Thread Starter
Senior Member
iTrader: (3)
Joined: Oct 2011
Posts: 725
Likes: 54
From: La Grange Park, IL, United States











