Trade-In Value?

[nychot]

Originally Posted by Dani

Anyone have any ideas on what the approx. trade in values people are getting from trading in an '06 on a newer model? I went to a non Hummer dealer today and they said $21k but the hummer dealership is telling me that that is too low.

The non hummer dealership also told me that there has been a lot of used H3's around for sale- and that's why they will only offer $21k.

don't buy, lease. no hassles, more car for less monthly payments. who needs the hassle of owning something that loses half its value when you drive off the lot. i have a two year lease on a fully loaded 07 lux. will turn it in a year from this december for a brand new one and drive out same as cash. car ownership belongs back in the mid-50s.

[RubHer Yellow Ducky]

Originally Posted by nychot

don't buy, lease. no hassles, more car for less monthly payments. who needs the hassle of owning something that loses half its value when you drive off the lot. i have a two year lease on a fully loaded 07 lux. will turn it in a year from this december for a brand new one and drive out same as cash. car ownership belongs back in the mid-50s.

I never know how many miles i will put on a truck in a given year... it could be 12000 or 24000 or something else...?

Also I have heard horror stories about "NIT PICK" condition on turn in, never heard a good story, they complain about this scratch, that dent, the sidewall of the tire being worn, etc etc...how do you handle that???

SERIOUS, what are the secrets, ins and outs of the lease return...

[Steve #1]

If you have a CarMax in your area take it there and get it appraised. This is the best way to determine your vehicles value in your area.

Next best is to look it up in the NADA book, this is what the insurance co. use and dealers to a lesser extent.

KBB prices are based on California prices. Yes, even though they ask your zip code.

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Secrets to a lease return? Fix anything that you broke and spend $250 for a detail before you take it to turn it in.

[scooch33]

I dont post here much. But I do Own a H3. I just took a beating on a sale today on my Toyota Tacoma. and I sold it off of craigslist. That is because I traded in and had a buch of Negitive Equity!!!!
You will evetually have to pay that. I will never trade agian.
you will aways get hosed!!!!
just my thoughts

[Lezam]

Guys, try to list your ride on www.craigslist.com I personally sold 3 cars there, and got a much better price then what the dealer wanted to give.