selling the p5...

I only got $8000 for my P5 with 50k miles on it. Although it had been in 3 accidents totalling $11,000 worth of damages. Everything was fixed and looked fine but I couldnt find a buyer so I was forced to trade it in.
 
Captain KRM P5 said:
most dealers will play this game with you; you ask them how much your car is worth, they'll ask you what kind of car you are looking to trade in for. they'll give you a higher value for a more expensive trade and vice versa.

Interesting. The other day I was at the dealership for my free oil change and I casually asked how much they'd give for a trade (out of curiosity) - 03' auto, no moonroof, no abs, no 6cd, 8K miles (I work on site) and they said 10k if i traded up for a Mazda3. By the way, they should start a dealer forum for you on here (burn)
 
Captain KRM P5 said:
most dealers will play this game with you; you ask them how much your car is worth, they'll ask you what kind of car you are looking to trade in for. they'll give you a higher value for a more expensive trade and vice versa.

One place I've found that doesn't do this is Carmax. Roll in there and they'll make you an offer for it, whether you buy a car from them or not.

Unfortunately, in my experience, they offer you about $500, regardless of what car you bring in! Asshats.
 
Carmax wouldn't give me anything for my 91 Plymouth Sundance.. lol
 
Foolish said:
One place I've found that doesn't do this is Carmax. Roll in there and they'll make you an offer for it, whether you buy a car from them or not.

Unfortunately, in my experience, they offer you about $500, regardless of what car you bring in! Asshats.

yeah, carmax is really hit or miss. they pay thier salesmen pretty poorly from my understanding and although they tout thier no haggle sticker prices, those sticker prices are usually pretty high in comparison to what you could negotiate down to. somone here got a good deal i think from them on his p5, they bought it outright for 11k but that was almost two years ago.
 
Lisa, Since your just thinking about it right now, shoot for the moon. List the car in several places for private sale. Just look up what dealers are charging for them and charge a little less, it should be around $11K. THis way if you get a solid offer, you'll get several thousand more then you will from a dealer and your not likely to take a bad deal (like a trade in) as your in no rush.
 
romecandleboy said:
Interesting. The other day I was at the dealership for my free oil change and I casually asked how much they'd give for a trade (out of curiosity) - 03' auto, no moonroof, no abs, no 6cd, 8K miles (I work on site) and they said 10k if i traded up for a Mazda3. By the way, they should start a dealer forum for you on here (burn)

should have told them you were going to buy a loaded rx8. then they'd offer you 11500 for the p5, sticker it on the lot for 13995 and sell it on the lot for 12000 and make up the rest on an outrageous interest rate on the new car as well as the markup they'd sack you with :D

dealer forum? nah, i dont know how long i'm going to be doing this and i think Topher is a better salesman than me.
 
Lisakay said:
hey.. that car was clean and had not one bit of rust!

lol chrysler mini k-cars pwn. if it was a dodge shadow (sister car) with a turbo or a "duster" model i might have given you a few bucks, cranked up the boost and gone out on the drag strip for one final glory pass :D

i joke, i am sure you took very nice care of it
 
Lisakay said:
Carmax wouldn't give me anything for my 91 Plymouth Sundance.. lol

my sisters first car was a 91 Plymouth Sundance.......185,000 miles with no major problems.....tranny was fried towards the end. would not like to stay in 3'rd gear but 2'nd gear could go up to 85'ish from what i can remember....sometimes would not want to shift to second and would randomly jump to 1'st not when going fast though.....
 
thats a game i learned. go in there looking at the top model, ask them to price your car, and then work your way down. for example, test drive an rx-8, ask what the value of the p5 is, then say "oh, i was hoping to get more than that, let me drive a 3" :D then there kinda stuck with the higher price on the trade.
 
Protege52003 said:
my sisters first car was a 91 Plymouth Sundance.......185,000 miles with no major problems.....tranny was fried towards the end. would not like to stay in 3'rd gear but 2'nd gear could go up to 85'ish from what i can remember....sometimes would not want to shift to second and would randomly jump to 1'st not when going fast though.....

thats a chrysler tranny for you...
 
Lisa, I bought my P5 last november for $10,800 with 28,000. 5spd, cloth, sunroof, chrome stockies, in dash changer, NO ABS. The rear bumper has a small crunch in the corner and a key mark down one side but other than that it's perfect. Most dealers were around the $13,000 mark when I was looking...and I looked quite alot. I have since removed the in dash changer so if you want it, you can have it for $50. It works perfectly and looks perfect. I'm in northern virginia (Leesburg).
 
You guys are funny. I have over 100000km's (60k miles) on mine, it's paid for and there is no way in hell I am getting rid of mine...love it to much. (weakest)
 
smittypig24 said:
Lisa, I bought my P5 last november for $10,800 with 28,000. 5spd, cloth, sunroof, chrome stockies, in dash changer, NO ABS. The rear bumper has a small crunch in the corner and a key mark down one side but other than that it's perfect. Most dealers were around the $13,000 mark when I was looking...and I looked quite alot. I have since removed the in dash changer so if you want it, you can have it for $50. It works perfectly and looks perfect. I'm in northern virginia (Leesburg).
if you are free.. there is a lot of stuff planned with MEC over the weekend. :)
 
I work at Carmax. Honestly, they offer a fair value on the cars. They use Black Book and a huge database of cars that they have bought and sold in the past. They are not trying to rip you off on your trade-in. I do agree that if you have some negociation skills, that you could probably haggle another dealer down below the sticker price at Carmax, but there are lots of people (myself included) that just hate that game, and would rather not play it. But since this topic is about trade-in value, they do offer a fair value.

The reason that some of you were offered $0 dollars is because they most likely could not sell your car on the lot and would have to auction it off. The value they would get at auction would be less than the cost of selling the car at auction. Hence the $0...
 
garretts77 said:
The reason that some of you were offered $0 dollars is because they most likely could not sell your car on the lot and would have to auction it off. The value they would get at auction would be less than the cost of selling the car at auction. Hence the $0...
honestly, the reason they didn't want my Sundance is because the mile thing only turned on special occasions... :D
 

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