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Illinois 2017 Avalanche Gray GT350 (new price) $46k

thill444

Well-Known Member
Joined
Jan 16, 2018
Threads
5
Messages
994
Reaction score
837
Location
New England
Vehicle(s)
20 SS1LE (sold 18 GT350)
moab361 said:
This seems a bit dramatic. Please show me where to get a 2018 with 3000 miles for $40k.
Click to expand...
I am referring to trade-in value. Private sale would be more (maybe $2K more). And I am talking about someone motivated to sell their car, there are tons of mid $46-50K 2017-2018 GT350's listed and how many of them are actually selling at that price? In the current economic environment supply and demand will drive pricing and there is a lot of GT350's out there. There's the perception that the cars are not reliable (engine/oil issues) and the perception the 16-18 cars are less reliable than the 19-20 cars. Right or wrong this is the reality and I think the market reflects this.

The OP's car is a very nice, but I can tell you that back in November a forum poster here was willing to sell me his 2017 with electronics package, over the top stripe, Recaro seats, paint protection, and still had some warranty left for $42,000 even. Car had 9000 miles and he wanted it gone after having it listed for many, many, months. Clean title, well maintained, new tires, and title in hand. It was the wrong color for me or I would have jumped.

This was in November.

The reality is that all these cars you see online for x dollars are usually $2-5K+ too high and you can negotiate. The used 2018 I bought was immaculate and had 1400 miles and over the course of 4 weeks the dealer came down $6K. Online price is just a starting point.

Nobody should feel like they should have to give their car away, but the reality of the current environment is this is probably the worst time to sell a car like the GT350 and your likely chasing a declining market for the near to mid future. I believe the values will keep dropping and nobody knows what the bottom is.
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