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-   -   THINKING about trading the 370z (http://www.the370z.com/nissan-370z-general-discussions/64690-thinking-about-trading-370z.html)

HappyZmoke 12-21-2012 11:42 AM

THINKING about trading the 370z
 
for an evo.

but how does trade in works?

i still owe $28.400 left on the car. and the evo is about $27.000.

Please help thanks.

Trips 12-21-2012 12:10 PM

The dealer will pay what it feels it could get for the Z and if its worth less than the new car? The difference will added to the new car putting in you in the Negative.

Chteelers 12-21-2012 12:15 PM

You're generally better selling your Z on your own. The dealer will nearly always offer less than what you could get from a private party. People do trade-ins for the convenience, but there is a cost in doing so.

Use autotrader to price your car, then offer for sale. If the going price for your car is higher than what you owe, then you payoff your bank, and pocket the difference. If the going price is lower than what you owe, then you'd need to pay the bank the difference in cash.

1st 12-21-2012 12:21 PM

You ain't die hard. Sell out. :shakes head:

forza370z 12-21-2012 12:23 PM

Trade-in can also cut the sales tax which is lot of money. Sell the z by yourself in this season could be a headache.

Chteelers 12-21-2012 12:23 PM

Also, you may be thinking you're "saving money" because you still owe $28K, and you'd be getting a $27K car. Saves $1K right? But you really have to compare what your Z will actually sell for, not what you owe. If you trade-in or sell you car for any amount LESS than $27K, then this transaction will cost you. You need to sell/tradein for $27K to break even on the Evo, and preferably sell for more to save you money.

Chteelers 12-21-2012 12:24 PM

And where are you finding an Evo for $27K ?

tonybui 12-21-2012 12:34 PM

Simple math just like the guys above mentioned. Does the X has more miles than the Z?

2010ZilverZ 12-21-2012 12:40 PM

:icon14:

:shakes head:


:gtfo2:

JungleZ 12-21-2012 12:58 PM

Learn English before you do that brah

enkei2k 12-21-2012 01:01 PM

Quote:

Originally Posted by HappyZmoke (Post 2071358)
for an evo.

but how does trade in works?

i still owe $28.400 left on the car. and the evo is about $27.000.

Please help thanks.

Damn, I wish I only owe $28.40 on my Z and find an Evo for $27.00

:p

Yes, there's differences between periods and commas.

kenchan 12-21-2012 01:02 PM

Quote:

Originally Posted by HappyZmoke (Post 2071358)
for an evo.

but how does trade in works?

i still owe $28.400 left on the car. and the evo is about $27.000.

Please help thanks.

first have happy smoke.

SPOHN 12-21-2012 01:40 PM

Quote:

Originally Posted by 1st (Post 2071437)
You ain't die hard. Sell out. :shakes head:

+1

ParkStr8 12-21-2012 02:27 PM

Not to be the bearer of bad news...but you need to consider all of these:

1. what is owed on your current car
2. what you will get for your current car
3. difference between the two - plus or minus
4. actual sales price of the new car - not just the sticker
5. new car purchase sales tax, title and license fees locally - usually around 3k+
6. interest rate at time of purchase
7. down payment


Take that check list - put numbers to it...and then you can see the "real" costs involved in changing.

Quote:

Originally Posted by Chteelers (Post 2071444)
Also, you may be thinking you're "saving money" because you still owe $28K, and you'd be getting a $27K car. Saves $1K right? But you really have to compare what your Z will actually sell for, not what you owe. If you trade-in or sell you car for any amount LESS than $27K, then this transaction will cost you. You need to sell/tradein for $27K to break even on the Evo, and preferably sell for more to save you money.


lemon-fresh 12-21-2012 02:32 PM

Did you get schooled by a lightly modded evo?


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