texasfishingforum.com logo
Main Menu
Advertisement
Affiliates
Advertisement
Newest Members
RTFishal, H1 ranger, T-RigLunkers, Indignant Angler, NatalieHW
119175 Registered Users
Top Posters(All Time)
hopalong 120,924
TexDawg 119,725
Bigbob_FTW 95,243
John175☮ 85,917
Pilothawk 83,272
Bob Davis 82,104
Mark Perry 72,435
Derek 🐝 68,318
JDavis7873 67,416
Forum Statistics
Forums59
Topics1,038,671
Posts13,950,555
Members144,175
Most Online39,925
Dec 30th, 2023
Print Thread
Used Car Trade-in Prices #14250578 01/16/22 01:54 AM
Joined: May 2008
Posts: 10,246
R
Rayzor Offline OP
TFF Guru
OP Offline
TFF Guru
R
Joined: May 2008
Posts: 10,246
For quite some time I have been hearing that you will never get more for your trade-in than nowadays. Well, I took my vehicle to CarMax today to see what I could get for it. I have to be upfront and confess that my car has a lot of miles on it. To cut to the chase, they didn't offer me squat. The cars they are selling are at least 25% more expensive than they have been, but the trade-in pricing is the same. Typical.


Be safe,
Rayzor
[Linked Image]
2001 Triton Tx-21/225 Mercury EFI
Re: Used Car Trade-in Prices [Re: Rayzor] #14250592 01/16/22 02:07 AM
Joined: Nov 2014
Posts: 23,327
S
SteezMacQueen Online Happy
TFF Guru
Online Happy
TFF Guru
S
Joined: Nov 2014
Posts: 23,327
There is still a finite number of useable miles before a car is considered worthless on a retail market. What did you expect? Hell, there’s a 2008 19 foot Skeeter for sale for $32k on the for sale section. It ain’t ever gonna sell at that price, but the owner can wish and hope.

I think the outta wack market is gonna come back down to reality this year.


Eat. Sleep. Fish.
Re: Used Car Trade-in Prices [Re: Rayzor] #14250593 01/16/22 02:08 AM
Joined: Apr 2017
Posts: 12,092
tmd11111 Online Content
TFF Guru
Online Content
TFF Guru
Joined: Apr 2017
Posts: 12,092
High mileage limits lenders, especially for the credit challenged. I've been thinking of a new ride and checked with them the other day on my '20 F250 with 30k miles. They offered me MSRP, thats almost $8k more than I paid for it.

Re: Used Car Trade-in Prices [Re: Rayzor] #14250629 01/16/22 02:50 AM
Joined: Jun 2002
Posts: 4,308
J
Jman Offline
TFF Team Angler
Offline
TFF Team Angler
J
Joined: Jun 2002
Posts: 4,308
Originally Posted by Rayzor
For quite some time I have been hearing that you will never get more for your trade-in than nowadays. Well, I took my vehicle to CarMax today to see what I could get for it. I have to be upfront and confess that my car has a lot of miles on it. To cut to the chase, they didn't offer me squat. The cars they are selling are at least 25% more expensive than they have been, but the trade-in pricing is the same. Typical.


I found the same thing when I went to trade on of my work trucks last. And I was pissed because I had bought 5 vehicles from him previously. I told my salesman to tell his used car manager to go screw himself and went and bought my new vehicle somewhere else.


Jim Featherston
Mortgage Loan Officer - NMLS 2509901
Red Diamond Home Loans
PH 972-890-3114
Apply at: RDHLoans.com/Jim
Licensed to Serve Clients in Texas and Florida
Re: Used Car Trade-in Prices [Re: Rayzor] #14250920 01/16/22 03:23 PM
Joined: Apr 2011
Posts: 520
Costa Plente Offline
Pro Angler
Offline
Pro Angler
Joined: Apr 2011
Posts: 520
I think I got a pretty good deal on my 2017 Tundra that I traded for a new 2022. They gave me 10,000 less than what I paid for it in 2017 and it is 5 years old, but, it has less than 100,000 miles on it. I thank it was a fair price.

Re: Used Car Trade-in Prices [Re: Rayzor] #14251006 01/16/22 04:27 PM
Joined: Dec 2008
Posts: 16,133
G
grout-scout Online Sleepy
TFF Guru
Online Sleepy
TFF Guru
G
Joined: Dec 2008
Posts: 16,133
Seems like the crazy used trade in prices are for certain models: suburbans, Tahoes, 3/4 & 1 ton trucks. The new prices are stupid on most models.

Re: Used Car Trade-in Prices [Re: Rayzor] #14251476 01/16/22 11:25 PM
Joined: Apr 2011
Posts: 520
Costa Plente Offline
Pro Angler
Offline
Pro Angler
Joined: Apr 2011
Posts: 520
The 2022 Tundra that I got was only 10,000 more than what I paid for the 2017 and it offered a lot more options and improvement than what my old one had. It has more safety items and they improved on luxury items on the interior. New body stile and a new engine that is supposed to get better milage.

Re: Used Car Trade-in Prices [Re: SteezMacQueen] #14251886 01/17/22 01:38 AM
Joined: May 2008
Posts: 10,246
R
Rayzor Offline OP
TFF Guru
OP Offline
TFF Guru
R
Joined: May 2008
Posts: 10,246
Originally Posted by SteezMacQueen
There is still a finite number of useable miles before a car is considered worthless on a retail market. What did you expect? Hell, there’s a 2008 19 foot Skeeter for sale for $32k on the for sale section. It ain’t ever gonna sell at that price, but the owner can wish and hope.

I think the outta wack market is gonna come back down to reality this year.


Probably so. I bought my 2015 with 60,000 miles on it in 2018 for $25,998. That same car with comparable mileage is going for $30,998.


Be safe,
Rayzor
[Linked Image]
2001 Triton Tx-21/225 Mercury EFI
Re: Used Car Trade-in Prices [Re: grout-scout] #14252205 01/17/22 11:42 AM
Joined: Mar 2004
Posts: 1,558
H
HookaToad Offline
Extreme Angler
Offline
Extreme Angler
H
Joined: Mar 2004
Posts: 1,558
Originally Posted by grout-scout
Seems like the crazy used trade in prices are for certain models: suburbans, Tahoes, 3/4 & 1 ton trucks. The new prices are stupid on most models.

I have a 2015 Tahoe and get at least two emails and phone calls every day from dealerships wanting to buy it. So great I could get a good price, but then trying to buy a new car they don't have it, or they can't get it, or it costs way way too much.

Rayzor..take it somewhere else besides carmax


Good Fishing and God Bless

“I’d rather be a failure at something I enjoy than to be a success at something I hate”


Re: Used Car Trade-in Prices [Re: Rayzor] #14272477 02/03/22 01:53 AM
Joined: Feb 2002
Posts: 150
E
El_Tortuga Offline
Outdoorsman
Offline
Outdoorsman
E
Joined: Feb 2002
Posts: 150
Its crazy. Checked values on my 2.5 yr old / 27K mile truck. +15-20% over what I paid for it. But its exactly what I wanted, nearly perfect, and a replacement would be plus 40% what I paid.

Re: Used Car Trade-in Prices [Re: Rayzor] #14273913 02/04/22 01:06 AM
Joined: Apr 2010
Posts: 26,120
P
patriot07 Offline
TFF Guru
Offline
TFF Guru
P
Joined: Apr 2010
Posts: 26,120
Originally Posted by Rayzor
For quite some time I have been hearing that you will never get more for your trade-in than nowadays. Well, I took my vehicle to CarMax today to see what I could get for it. I have to be upfront and confess that my car has a lot of miles on it. To cut to the chase, they didn't offer me squat. The cars they are selling are at least 25% more expensive than they have been, but the trade-in pricing is the same. Typical.

The market is high right now for high-end stuff, not so much for low-end stuff. They're giving away loans and money like candy, but nobody wants to spend money on an old clunker. The stuff that's gone up in value is the stuff in high demand, which isn't old higher mileage stuff.

I've had offers to buy my 2019 Silverado 2500 Duramax for 25% more than I paid a year ago. But if you were responsible and kept driving an older car, you missed out on the value growth. Is what it is...


Life can only be understood backwards; but it must be lived forwards.
- Soren Kierkegaard
Re: Used Car Trade-in Prices [Re: Rayzor] #14275863 02/05/22 06:57 PM
Joined: Apr 2004
Posts: 14,053
S
Stump jumper Offline
TFF Guru
Offline
TFF Guru
S
Joined: Apr 2004
Posts: 14,053
I had a real nice Bronco with average miles for the model year. I don't remember exactly how many but well less then 100k. I wanted to trade it in on a new F150. Dealership said it was pretty much worthless and offered $5k. I told them to stick it. I have never stepped foot in that dealership since. I sold it myself within a week for $8k. I have traded a few and I never settle for first or second offers.


2200 Bay Champ/200 Mercury Optimax
2017 Tundra TSS 4x4 Crewmax 5.7L
Previous Thread
Index
Next Thread

© 1998-2022 OUTDOOR SITES NETWORK all rights reserved USA and Worldwide
Powered by UBB.threads™ PHP Forum Software 7.7.3