I bought a '11 g37s auto/nav current miles 4400

MSRP'd at 45k

Estimated trade in value: $34000

That sound about right to you guys? Or is that a lowball offer?

 

I've heard as soon as you drive a new car off the lot it drops 10-20%. :P

If you buy used they hold their value well.

 

So from what I understand they are low balling you, but they will when you try to trade in a basicly new car. I had also heard 10% as you drive off the lot.

 

every dealership will rape you if you trade in a vehicle. the lowball the shi* out of you and then sell it at KBB price.

 

Would you recommend selling your "trade" to carmax and then going to the dealership?

 

the G coupes usually depreciate 14% first year...then only about 4% if that the next 4 years

 

34k for your car is the most ridiculous BS I've yet came by! Trade in value sucks, and it's non-comparable with a car's actual value. Next time a dealer tells you something like that, that's the moment you know he's taking you for a fool. 34k is what a 2008 G37 with your miles would cost, not an '11.

 

I'm sure I don't have to tell you trading in that vehicle on anything other than a McLaren F1 or a Veyron would be financially insane.

34 is a lowball offer. Our cars depreciate like Lexus or Acura. First year hit is pretty big, then it slows down a lot like da mayor said. I wouldn't consider trading one in until it's four years old or more though. If you want to keep upgrading your vehicle, go with a lease instead of a purchase. If you keep the car till the wheels fall off or life forces you to get rid of it, a purchase is better than a lease.

 

I think 34K is not bad. You might be able to get a little more.

For those who think that this is a low ball offer, let look at the numbers:

MSRP-45K
Selling price then = 40K? (you should be able to get one for less than 40K now)
Trade in = 34K + 2-3k dealer profit = 36-37K for a car w/ almost 5K miles.

Will you buy this used car w/ 5k miles just to save 2-3K?

 

^ +1 can't get the best of every world everytime. If people paid full price for new cars then the trade ins would be higher. Best trade in time is about 2-3 years into it

 

My parents just sold a journey model.
08 coupe with 18k, they got 28k for it on a trade in.

 

Sell it privately. Carmax is a massive ripoff. I remember 10 years ago they quoted me $7K for my four year old AWD Turbo Eclipse with 14K miles on it. I sold it a week later privately for $14.5K (lowest offer I got was $12.5K).

... Never stepped foot on a Carmax lot again.

 

Trade in number alone doesn't mean much unless you post the whole deal w/ OTD number.

 

They downgraded.
The deal they got is no where near where near op was talking about.
Car they bought was another brand & only 24k, they tried to give them alot less, till i told them a range to take on the trade in. Told them at least 26 k, car only had 18k on the odo.

 

Thank for sharing ^^. a nice day to all

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