Buy-Back/Trade-Back

kannibul

OK...final explaination

I'd been thinking of selling the Z because I've not been all that happy with it. I've felt for a while now that the 7AT is limiting my options to upgrade the car, and limiting my fun with it. In addition, it's a redundant vehicle for me...I have another vehicle that is just as much fun (if not more so)...the Z is basically a 4-wheeled motorcycle with a cabin and air conditioning. In addition, the Z can't carry anything in it - good luck carrying anything more than..well...nothing.

Truth be told, the motorcycle is more fun on shorter trips. Z is better on longer ones, but, doing longer trips on the bike is still fun...just not for one's rear.

I backed out of the deal for the Vette because the dealer screwed up the paint and a few pieces to the car, and wouldn't take care of all of them. If they called me up right now, and said "we'll fix everything" - I'll go through with it because I like the car.

The price I am paying for the car is $43999, plus $2K for TT&L. plus $2600 for an 84mo warranty, plus what I owe for the Z when compared to the buy-bid.

Had the Z not been "upside down" as much, I'd be out the door at $48599. Had I opted for no warranty and no TT&L...guess what...$43999.

How many here financed their Z and are posting ********? Throw a stone in a glass house....

esfourteen

So a corvette would fix that?

Jeffblue

what?

esfourteen

he was implying that because a lot of us here finance our Z's, we shouldn't talk **** since we too are paying for them monthly. Which of course is not what anyone was ragging on him for, but for the actual deal he was making on the vette (84month financing) and complaining that it would make his budget tight to go with a shorter term.

Modshack

You have an unbelievable ability to rationalize this decision (and the numbers). Face it, they sold you the vette at $3000 more than you could have bought it elsewhere, and gave you $26,500 (wholesale, actual cash value for your Z). Doesn't matter how you play with the numbers, those are the facts. Your upsidedownness is what got you in trouble. Compounding that with another purchase is a fools game........

The dealer's profit on that deal (including the warranty) was around $5,000+, Plus his finance kickbacks, Plus another $3500 if he sells your Z for $30K (about what it's worth retail). In the car Biz, they call that a "Home Run"....right Lou?

In the realm of psychology, there's a word for all this... http://en.wikipedia.org/wiki/Cognitive_dissonance You are a classic example ...

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Steal my car! (SOLD)...Now Porsche Cayman S
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09 370Z Mag Blk, 6MT,Tour, Sprt Pkg, Nav