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Fair trade in value?

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Old Jul 25, 2012 | 08:00 PM
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Fair trade in value?

I got quoted for 48 and I do think it's a bit on the low side. I just broke 5000 miles yesterday, and with all of the options I figured it should be about 50 right?

Sheep
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Old Jul 25, 2012 | 08:12 PM
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What does black book tell you for your area.

Never take a stealer's first cut. Never mention trade until you negotiated on the new one. Always talk cash and never talk payments.

Stealer's always try the sheep approach first.
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Old Jul 25, 2012 | 08:14 PM
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Originally Posted by Sheep
I got quoted for 48 and I do think it's a bit on the low side. I just broke 5000 miles yesterday, and with all of the options I figured it should be about 50 right?

Sheep
Might be worth shopping it around if you can. I have a 2010 (prem, hid, nav, multi) with ~30k miles and was recently offered 40k by one dealer and 44k by another ... both in the DC area.

Good luck.
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Old Jul 25, 2012 | 09:49 PM
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That seems pretty low.

A lot of times dealers will even inflate the value of the trade-in to help offset less of a discount on the sale price. But, if the discount for the new car is substantial, the low offer on trade-in shouldn't sting as much.
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Old Jul 25, 2012 | 10:06 PM
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You should be able to get 50 for it. You have a very unique car, capri blue and all the options. Is this a MB dealer? You can push them more since they will add cpo and probably list it for 57-58.
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Old Jul 25, 2012 | 10:19 PM
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Originally Posted by 315ER
Might be worth shopping it around if you can. I have a 2010 (prem, hid, nav, multi) with ~30k miles and was recently offered 40k by one dealer and 44k by another ... both in the DC area.

Good luck.
48 to 50 would be fair I'd say. Traded my 2010 in with 27K on it (premium pkg, multimedia pkg, Seating pkg) and got 45K for it 3 months ago. Then again it's also close to being another model year older so value maybe dropping a bit!
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Old Jul 25, 2012 | 10:23 PM
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Originally Posted by CZ55
You should be able to get 50 for it. You have a very unique car, capri blue and all the options. Is this a MB dealer? You can push them more since they will add cpo and probably list it for 57-58.
Unique color means unique buyer. I'd think a dealer would be more happy to see a black or white C63.
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Old Jul 25, 2012 | 10:33 PM
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Yeah I am trying to trade up for a GT-R. It's black but I like blue better. But if they can give me a better deal then I might take it.

Sheep
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Old Jul 25, 2012 | 10:39 PM
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Originally Posted by bmoney12
Unique color means unique buyer. I'd think a dealer would be more happy to see a black or white C63.
It's unique in a good way though. Most of the people would like it. It's not a yellow or orange car, not a love it or hate it color.

Originally Posted by Sheep
Yeah I am trying to trade up for a GT-R. It's black but I like blue better. But if they can give me a better deal then I might take it.

Sheep
Good luck.
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Old Jul 25, 2012 | 11:07 PM
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I sold my 2010 one year and two months ago with a little less than 5k miles for $52k. The MSRP of my car was $69.5k. Your car has a much higher MSRP and has the P31 package, so it could have sold for $56-58k last year. Prices seem to have gone up since we are no longer seeling the huge trunk money deals of the past. So I'd say $52-55k to a private buyer may be possible since you have barely driven it.

2009s with a lot more miles (30-50k) and at least $10k less in options are going for low to mid 40s, so I don't see why a private buyer won't pay $10k more for such a heavily optioned and one model year newer car with only 5k miles! P31+LSD cars are not that common, so if you find a buyer looking for that, your car will sell fast.

Another thing that may help a P31 car sell is the fact that the owner may not have tuned or modified it. I know I am not getting an ECU tune on my 2011 P31 like I did on my 2010. You just have to push the P31+LSD combo as much as you can. However, if the buyer doesn't care about those options or wants to mod the car, they may shy away from P31.

None of this applies if you want to trade in your car to save on taxes when you buy a new car. This tax advantage doesn't exist in California, so I decided to sell my car to a private buyer.

Good luck! Are you looking at buying a 2013 GTR?
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Old Jul 26, 2012 | 01:53 AM
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Yes, I am. Found a black BE local and a blue one in VA. I only have 1 car so I will have to do a trade.

Sheep
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Old Jul 26, 2012 | 11:56 AM
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Originally Posted by Sheep
Yes, I am. Found a black BE local and a blue one in VA. I only have 1 car so I will have to do a trade.

Sheep
Good luck sheep, I love the gtr and was also thinking about getting one. The only thing thats holding me back is the repairs. The control arm alone cost $2400 and from what I hear you have to pull the motor out for most repairs, after my 2001 biturbo S4 I can't deal with that anymore. The car is a true supper car and worth every penny if you an afford it.
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