Selling to a car dealer

[Silverhatch]

Anybody ever sell a vehicle outright to a car dealer? Checked what my truck was worth on Autotrader and got back a typical lowball, but for the hell of it had the quote sent out to willing dealerships. Cochran responded. Might take it up there Friday or Saturday to hear what they offer. Anyone have experience or tips? Seems like a really no hassle way to sell a vehicle.

[mustang50lx]

I sold my 01 GT to Cochran outright in 2003 or 2004. They gave me a check and I gave them the car. No hassle at all.

[mr4teth]

What are you selling?

[Silverhatch]

Did you haggle with them for a better selling price?

[Silverhatch]

I have an '06 Z71 97k ext cab. Autotrader said $10500. Being sold on autotrader with more miles for $13-$14k all day. I understand they need a cut too, but $3k??

[stanggt94]

My buddy Mike just sold them his 07 mustang gt. They low balled him bad 13k for a 16 17 k car in my eyes but no one hit on it here nor craigslist so car had to go.

[Silverhatch]

I hear ya'. Its not a necessity to sell it, I rarely drive it anymore and could use it to pay down my '10 Escape, that I never drive............

[PSPstang]

I sold my first 05 f150 to my buddys ford dealership back in jan 08.
I think I got 2k less than blue book but it was paid off which was nice.
shortly thereafter, the values of big trucks tanked due to gas prices, it took my buddy six months to sell the truck!

[mustang50lx]

Did you haggle with them for a better selling price?

I got around 2000 less than blue book too. It kinda sucked, but it was done quick. Selling a 3 year car for book to a private owner seems like it would be tough. Not alot of people have 16 or 17K laying around to buy a car outright. Add that to the fact that the dealers had tons of them with warranties and is was worth it to just sell it to the dealer. When I sold my 4 year old 93 5.0 LX vert outright it took months. I did get my price, but it took forever. Another option may be to consign it to a lot. I sold a Dodge truck on consignment. It also took a long time, but I didn't have to deal with the phone calls, etc.

[blaze00]

I sold a lancer to carmax in Cbus. Also was $2000 below book. Must be the going rate. Took 15 mins and I walked out with a check. Easiest sell I ever had.

[Viper_ed]

I hear ya'. Its not a necessity to sell it, I rarely drive it anymore and could use it to pay down my '10 Escape, that I never drive............

Just make her ass work more for it! :twothumbsup:

[Silverhatch]

Just make her ass work more for it! :twothumbsup:
If it was only that easy. :laughing:

[mr4teth]

Expect a wholesale offer minus reconditioning from a dealer. If your truck is in real good condition they might give for a few hundred more considering they wouldn't have to pay this money getting a "like truck" back from the auction.

[CollinsPC]

I sold my 06 Hemi Ram to a dealer. Transaction is simple, if they want it you will be out in 15 minutes. 2-3 grand less is about right. They had to put tires on mine but otherwise, they just out it on the lot.

[Silverhatch]

Did any of you guys have it all shined up first?

[PaxtonShelby]

I'd think a 4x4 truck would sell in a heartbeat this time of year on craigslist. If the dealer will give you $2k less than KBB, why not list it on CL for $1k under KBB. If you are really pressed for time I can see going the dealer route, but if you have a little time to go the CL route you can end up with more $$ in your pocket, and help to pay off any Xmas bills.

[CollinsPC]

Mine was ready for the lot other than tires. If it isn't all shined up expect to get a lower offer. The used manager took mine for a short drive and bought it.

I had my truck on CL and truck trader for 4000 under blue book and only got people offering even less. That was a year ago, so you might have better luck now.

[Silverhatch]

Well Cochran bought it for $11k. Actually was pleased with that. It was zero hassle, done in about a 1/2 hour. Truck was gonna need tires before the snow flew, had a bad tick that sounded like a lifter, minor chips, bad scrape on the bumper/paint, the pushbutton four wheel drive occasionally didn't work, and it ate wheel bearings every 30k miles. I'm pleased. :)

[Mark Aubele]

Are you guys getting 2-3K below Retail, Private Party, or trade-in value? If I got 2K below Retail I would drive this Cobalt to Cochran tomorrow.

[Silverhatch]

Mine was private party. Trade in was only $9600. Private party was $12.5k

[ccoyle0103]

You will hardly ever get a dealer to buy a vehicle for close to trade in unless they really want the vehicle or know they can make a ton of money on it. Most dealers or (stealerships) buy cars or truck using the auction report. They look at what the "similar" type of vehicle goes for and lowball you at that.....Someone may have touched on this already as I did not read the entire thread....Sell your car outright using between retail and private party....That always works for me!!