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Old 06-11-2009, 08:42 PM   #1 (permalink)
niterydr
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Join Date: Apr 2009
Location: Indiana
Posts: 24
Drives: 05 350Z Yellow M6
Rep Power: 16
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Default Unbelievable... very disappointed and angry.

I have been working for two weeks to get all my stuff straight to close the deal on my new Yellow 370z.

1. Got the VPP pricing voucher. (Thanks Robert)
2. Dealer found the car I wanted and made a deal to get it here tomorrow.
3. Got the loan through PenFed for 3.99%
4. Blind appraised my car at around $14,000. (2005, yellow, base coupe, 6sp, 31000 miles)
Edumunds says it should be trade-in for $14838.
KBB says $15000.

Drove an hour and half up to the dealer to close the deal. I was so excited! We were doing some paper work and he was gonna take the deposit to get my new ride here. In walks one of the managers...

Manager: "Ummm excuse me. How much did you want out of your trade-in?"
Me: $14000 we agreed on why?
Manager: "Says here it's only worth $7000 - $10000 max..."
Me:
Manager: "I called several different lots and auction houses and they said it's only worth around $7000..."
Me: ..... Wait are you serious?

Did I miss something? Did the value of 350z's magically drop over night? I looked at Edmunds, KBB, Auto trader and even Ebay. All cars similar to mine are going for $15000 - $20000. Even if they would have said ok how about 12k or 13k I would have done it... but $7000!? That's just insulting!

What do you guys think?
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