Trade in values - please post your results

[bparker]

With the V8s coming out I know the I5s are going to take a hit. So if you have traded in your H3 in the past or know someone who has. Please post what they got for thier H3s.

[K9sH3]

I think the hit is going to be bad.

As of 4-18-07 I have had trade in offers as low as $22500 and they said my 3 was in fair to good condition. WTF are they kidding me! 26K miles, Not a single scratch or ding, interior still smells new. I have over 7K in add on's. I know I will lose on that. The highest I have been offered was $25500. With that said if you look on www.autotrader.com in the 32952 area code and select 100 miles for surrounding areas you sill see asking prices from 29K to
35K. I am asking $34K with all the shiat left on and 31K with it all taken off, Except for the Wheel setup and strobes.

I want to sell mine myself and keep that money for me.

The resale value is already bad, even before the mention of V8 Alphas. And it will only get worse towards the end of the year.

Unfortunately adding accessories/mods does very little to improve resale value. But if you enjoy them, then it's worth it.

[Mr Snappy]

I hope you are not looking for optimism here....Dealers are not stupid, especially with sites like this out there.

Let me tell you how I would expect to see this go down. If you trade right now, on a 2007, you will probably do OK. Once the Alpha is out, and you go to trade ANY model in on an Alpha, you will be asked to bend over and smile about it. They will have all the leverage.

[Mr Snappy]

Originally Posted by K9sH3

I think the hit is going to be bad.

As of 4-18-07 I have had trade in offers as low as $22500 and they said my 3 was in fair to good condition. WTF are they kidding me! 26K miles, Not a single scratch or ding, interior still smells new. I have over 7K in add on's. I know I will lose on that. The highest I have been offered was $25500. With that said if you look on www.autotrader.com in the 32952 area code and select 100 miles for surrounding areas you sill see asking prices from 29K to
35K. I am asking $34K with all the shiat left on and 31K with it all taken off, Except for the Wheel setup and strobes.

I want to sell mine myself and keep that money for me.

Good luck with your sale (you are going to need it)

[HoosierH3]

Any dealer will stick you on a one or two year old trade in. Wether it's a Hummer, Chevy, Ford, or Chrysler for what it's worth. Bottom line is you need to sell it outright if you're planning on unloading your Hummer. The dealer will never do you any favors, even if you believe they are. Trade in will always be $5-$7K lower than market value. They need to make a buck on the resale too. If they're giving you what you want on the trade in, they're probably making plenty on the sale of the new vehicle.

I'm not so sure the rollout of the Alpha will drastically effect the value of our I5's. Yes some, but not much. I see the Alpha as sitting in a class of it's own. Unless priced comparably to our I5's, which you know it won't be, it will be in an entirely different pricing market. A lot of people out there want an H3 but cannot afford them new and surely cannot afford a new Alpha, so the used market will still be there for us. Just not a good trade in market.
Hoosier

[Mr Snappy]

I agree that the Alpha by itself will not drastically affect trade-ins for all I-5's, my point is that if you bring your shinny, almost new H3 to the dealer to trade it in on an ALPHA, they are going to take you to the cleaners. Best option is to definately sell it outright yourself.

[HoosierH3]

Originally Posted by Mr Snappy

I agree that the Alpha by itself will not drastically affect trade-ins for all I-5's, my point is that if you bring your shinny, almost new H3 to the dealer to trade it in on an ALPHA, they are going to take you to the cleaners. Best option is to definately sell it outright yourself.

I agree. Damn Straight!
Hoosier

[K9sH3]

Originally Posted by Mr Snappy

Good luck with your sale (you are going to need it)

Yeah I will need it..
I would be ok with the @ $26k trade in, and all three dealers even said take w/e I want off.

[usetosellhummer]

I got 25,500 for my 06 base/auto with 12k on it. it nada booked at 24-26 depending on condition. When your ready to buy let me know I will tell you how to get the most!

[usetosellhummer]

Kelly Blue Book is a come on, means nothing! by the way. true value look up is dealer version of NADA yellow book, (must be for your reigon) or black book but I forgot who put that one out.

Originally Posted by usetosellhummer

I got 25,500 for my 06 base/auto with 12k on it. it nada booked at 24-26 depending on condition. When your ready to buy let me know I will tell you how to get the most!

Wow, and based on actual facts. No doubt trading in nearly new vehicle (1 or 2 years old) is very expensive.

For example, say your 06 H3 is completely paid for and you trade it in for a new H3 Alpha:

Trade-in value $25,000
New H3 Alpha price $45,000
Difference is $20,000 cash or car loan

That's one damn expensive $20,000 upgrade to a V8. Selling it yourself, might net you $5K more for the trade if you're lucky. No thanks, no rush to do that.

[RubHer Yellow Ducky]

What you (anyone) paid for you truck mans nothing......

NUMBER 1 thing to remember list price means NOTHING... in sales list is known as "once upon a time" as in a fairy tale or "this is no chit" as in @#$$^&((*_%$^@#~#%

Aftermarket add ons, well grab the lube tube

What counts is
1. the current dealer invoice on your set up
2. current or recent incentives
3. condition inside as well as outside
4. miles
5. demand for used HUMMERS in your area
6. colour
7. leather or cloth
8. how close to the end of model year is it (makes the used another
year older and who knows what incentives will be on the leftover
NEW older model)

once you have factored in all that info, then allow for a dealer to sell your trade for a decent profit (in his eyes) which is a MUCH HIGHER PROFIT then on a new HUMMER, the person who buys used wants a big enought price difference between new and used to see a big savings. EX: New $38000 USED $34000, the used will never sell...
Now if its priced at $30000 then there is an $8000 saving for the used buyer: bingo a sale is made

Remember many (not all nor most) dealers will have some type of warrenty on a used HUMMER. Will you as a private seller give a warrenty? NOT!!!

Selling off you add ons is logical unless you have a BIG MOUTH BASS close by...

Trade In : LARGE LUBE TUBE

Man that was a lot of blue ink for nothing.

But what the heck, it was fun.

[RubHer Yellow Ducky]

Originally Posted by Steve - SanJose

Man that was a lot of blue ink for nothing.

But what the heck, it was fun.

true

I'm depressed. Went to the VA today and I have a torn ligament in my shoulder so now i can B$% O&^ for 6 weeks...

Originally Posted by RubHer Yellow Ducky

true

I'm depressed. Went to the VA today and I have a torn ligament in my shoulder so now i can B$% O&^ for 6 weeks...

Bummer, sorry to hear about your injury. Was it golf, tennis, basketball, vigourous sex, or something fun I hope?

[RubHer Yellow Ducky]

Originally Posted by Steve - SanJose

Bummer, sorry to hear about your injury. Was it golf, tennis, basketball, vigourous sex, or something fun I hope?

SEX i'm hoping, but i just stressed it too much doing work i shouldn't have been doing...

Originally Posted by RubHer Yellow Ducky

SEX i'm hoping, but i just stressed it too much doing work i shouldn't have been doing...

Follow your doctor's orders, hopefully it can be rehabilitated to like-new. Get well soon.

[K9sH3]

Originally Posted by Steve - SanJose

Bummer, sorry to hear about your injury. Was it golf, tennis, basketball, vigourous sex, or something fun I hope?

Which is why he had the lube... Get well soon...

[BradO]

Traded in my 06 Lux w/ 35in Toyo's, Yakima Roof rack, Manik Brushguard/Taillight guards, Headrest DVD's, and custom pull to the right. Got $29,000 on trade and used GM Supplier diiscount for 07 H3 w/Lux and Locker......