What did you pay for your CX-5?

[Earthshine]

I have an offer looking for feedback
2025 CX5 preferred blue
2k dealer doscount
2k rebate
About 2k extra on trade in - so effectively dealer discount is about 4K
30k otd

Can I do better?

 

[zx10guy]

Might be market dependent. But I got $2800 off for a dealer discount on a 2025 Select trim.

I would never consider any trade in as a dealer discount. To me working out the price your dealer is willing to pay for your trade is a totally transaction than buying a new car from their lot. I would have worked out the price of the new car first and then discuss the trade in. Also, to make sure you have an idea what you can possibly get for your trade, I would look up the value on a site such as KBB or get values from places such as CarMax.

 

[namiboy]

Might be market dependent. But I got $2800 off for a dealer discount on a 2025 Select trim.

I would never consider any trade in as a dealer discount. To me working out the price your dealer is willing to pay for your trade is a totally transaction than buying a new car from their lot. I would have worked out the price of the new car first and then discuss the trade in. Also, to make sure you have an idea what you can possibly get for your trade, I would look up the value on a site such as KBB or get values from places such as CarMax.

Agreed. We usually sell our old cars at CarMax or such, but if I were to trade, I would totally make the deal on the OTD of the car first. Even if they then lowball you on the offer for your trade you can get a price from CarMax which I believe is good for seven days which gives you time to take it to other places also if you like.

 

[paris1]

What ever happened to selling your own car? Why buy retail and sell wholesale? In over 60 years of car ownership I have never traded a car in. What's the point of going to all that trouble negotiating for new if you then turn around and settle for whatever the wholesaler offers you? Especially if you do it as frequently as some here do!

 

[Papa D]

Personally I’m scared of meeting a stranger and what their nefarious intentions are. It’s not like 60 years ago. I have sold cars and a boat some 20 years ago. Would not even consider it now.

 

[Sig cx-5]

What ever happened to selling your own car? Why buy retail and sell wholesale? In over 60 years of car ownership I have never traded a car in. What's the point of going to all that trouble negotiating for new if you then turn around and settle for whatever the wholesaler offers you? Especially if you do it as frequently as some here do!

Not sure about your area, but here in IL we only pay tax on the difference. Also, with places like Carvana, CarMax, KBB and others, there's really no point in going through the hassle of dealing with strangers. We sold our CX-5 to a KBB dealer for what we would have received from a stranger. We didn't trade it in this time, because it was Tesla. They lowball trades so it made more sense to sell it outright first.

 

[paris1]

Not sure about your area, but here in IL we only pay tax on the difference. Also, with places like Carvana, CarMax, KBB and others, there's really no point in going through the hassle of dealing with strangers. We sold our CX-5 to a KBB dealer for what we would have received from a stranger. We didn't trade it in this time, because it was Tesla. They lowball trades so it made more sense to sell it outright first.

So let me see if I've got this straight. Carvana, Carmax, KBB and others will give you the same amount as a "stranger" and then they're going to make their 20% profit selling it to ___________?

 

[Sig cx-5]

So let me see if I've got this straight. Carvana, Carmax, KBB and others will give you the same amount as a "stranger" and then they're going to make their 20% profit selling it to ___________?

Yep! Because they get them with their "warranty". And it was only about 5% markup on our old CX-5.