Quote:
Originally Posted by vettett15
Good point, I should have mentioned that I had already some research for the trade in on my car.
KBB 10600
Edmunds 8740
NADA 9800
Average 9700
I was under the impression that since I am selling my car to purchase a more expensive car on their end, that the dealer wouldn't worry about making so much on the trade in because they will be making money on the 370z.
Looking at classifieds it doesn't seem out of the question for a dealer to re-sell the car at 11-12k.
That being said, assuming 10k that would put me at:
32k otd for a base + sport manual
35k otd for a touring + sport manual.
|
They make more money on the trade than the new car - guaranteed. When my Mom traded in her 300 for a Maxima, they had $800 in profit on the Maxima and $2200 on the Chrysler. She paid invoice on the Maxima and got just over KBB dealer trade in on the 300. And they sold the 300 the day after she traded it in. No floor plan, no carrying costs. That's why dealers love (good) trade ins.
You probably want to be at invoice minus the $10,000, so your numbers sound a little high depending on options.