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Old 12-29-2003, 03:48   #1 (permalink)
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Lightbulb help! trade-in woes...

Hi all, i need help i have a 1998 el, white auto tow-pack 160,000 kms, i want a ba xr6 ute, what do you reckon the el is worth trad-in?

im in regional vic, is it worth shopping locally or down melb??
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Old 12-29-2003, 04:10   #2 (permalink)
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Re: help! trade-in woes...

If you're trading into a dealer they will give you absolutely fudge all. expect not much more than 6 grand. I only got offered $7500 for my 96 el xr6 manual with a few mods. You're better of trying to sell privaely. I know I cant talk i never sold mine privately but then again i didnt have to trade into a dealer becasue im not getting a new car. Good luck mate. I know its alot of fcuking around!
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Old 12-29-2003, 05:40   #3 (permalink)
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Re: help! trade-in woes...

Have you been to any car yards and talked about a deal? See what they have to say. I suspect Cobra is right but you just have to see for yourself.

As for me, any thoughts I had are gone. I've had dealers tell me they just don't want my car at all. Other estimates have been 12 to 14K trade-in. To sell privately is a total ball ache with all these nuffys who waste your time. I'd be lucky to get 16 to 17K, hardly worthwhile.

My AU XR6 is a keeper by default and you'd be better off keeping your EL. It's not like it's a shitheap or on it's last legs, it's still a fine set of wheels.

Good luck with whatever you decide.
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Old 12-29-2003, 05:44   #4 (permalink)
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Re: help! trade-in woes...

last El we traded at work with 160+k's on the clock with no log book history was around the 4500 mark, unfortunatly falcons and commos are all too common, i mean we trade VR-VS's for 3-4k its just the way it is mate, btw i work in brissy for a HONDA dealership im a new car sales con******t for KIA&HONDA, and i am just going by what we trade cars in at our dealership, seems to be ballpark with everyone else.

sell privately you will get more, purely because of the way the market works:) cheers
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Old 12-29-2003, 18:38   #5 (permalink)
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Re: help! trade-in woes...

Nah mate, you'd be lucky to get $5-6k for a trade-in.

Dealer's are the best at getting the most out of their customers for new cars while trying to shaft customers on trade-ins. If your trade-in is in good condition, you would notice your car in the dealers second hand lot for 20-30% more the next week.

The best shot would be to sell privately, which can be time and $ consuming because of road-worthy, newspaper/internet adds, and then go to the dealer with a 'clean-slate' and negotiate them down to a good price.

As a guide, with dealers that discount, you should be able to get them down 8-12%. As a rule of thumb, I wouldn't expect anything less than 10%, and if they do offer less, just "walk" (and go to another dealer).
You have to be firm and serious to them, else they will treat you like an idiot.
Also, dont show your enthusiasm about Fords too much, else they think they've "got you", and wont budge. If anything, go a test drive a Holden ute and make sure you walk into the Ford dealer with your brochures (and better price).
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Old 12-29-2003, 19:47   #6 (permalink)
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Re: help! trade-in woes...

when i traded my 1st car in for my falcon i got 4000 and it was a 95 excel with 194,000 kms on the clock, my falcon was 16990 so i thought i didnt do too bad, My old man considered buying a new toyota camry ( i dunno why) he has a 97 EL Xr6 5 speed manual with all the extras bah sunroof and it only has just clicked 28,000 ks and they would only give him 14-16 thousand for a car worth 34 grand i think so dad laughed at him in hes face and walked out. The car market for resale on anycar now days is plain old S h i t .

Cheers
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Old 12-29-2003, 20:12   #7 (permalink)
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Re: help! trade-in woes...

Quote:
Originally Posted by Dempo
My old man considered buying a new toyota camry ( i dunno why)
With that sought of trade-in value, do you blame him for laughing in the dealers face and thinking about a Camry ?

Has your old-man tried any other Ford dealers ?
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Old 12-29-2003, 20:36   #8 (permalink)
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Re: help! trade-in woes...

lol nah he hasnt hes over it now i think, hes just gonna hold on too it i mean its got 28000 on the clock so its gonna last ages and it is a good car
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Old 12-29-2003, 22:01   #9 (permalink)
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Re: help! trade-in woes...

i traded my rough looking el gli6 wagon 220 000 on it... got $6k
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Old 12-29-2003, 22:08   #10 (permalink)
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Re: help! trade-in woes...

Quote:
Originally Posted by Dempo
My old man has a 97 EL Xr6 5 speed manual with all the extras bah sunroof and it only has just clicked 28,000 ks and they would only give him 14-16 thousand
Cheers
14k for a 6 year old car is good... forget teh miles..its 6 years old
i mean they selling 2 year old cars for mid 20s. 4 year old cars under 20.
dont forget a dealer aint a charity. he has to pay rent, wages, insurance, advertising etc etc outa the difference between the trade in and what he sells it for, and somehow make a profit (thats why they in business).

hmm 28k in 6 years thats 4.5 p.a shoot i do that nearly every MONTH!
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