Resale value, what happened???

[ero 5.0]

Its like people have never bought a brand new car before...

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[JessV]

Wow, I was just shocked as well to discover that my V6 was now valued (traded into dealer) according to KBB for $18,900 with only 13k miles. Sheesh.

 

[Sasuketr]

That can't be right! Go to cars.com and see what your car is worth. Don't trust KBB! Who would trade in or sell a 44 grand 10,000 miles loaded gtpp for 32 grand! No way! I would say 35 grand minimum!

 

[Moddiction]

You can buy brand new fully loaded 16 for 37k out the door though. 32k trade in is most I'd think you'd ever get.

 

[Mike00]

This thread is entertaining. No car holds value even close to what people seem to think in this thread. IT's almost like people haven't seen what has happened in the car market the last 6-8 years.

 

[Falconetti]

This thread is entertaining. No car holds value even close to what people seem to think in this thread. IT's almost like people haven't seen what has happened in the car market the last 6-8 years.

:amen:

 

[Kbreese]

You can buy brand new fully loaded 16 for 37k out the door though. 32k trade in is most I'd think you'd ever get.

Fully loaded GT premium for 37k out the door?? Where are you getting that number from?

 

[Moddiction]

Dealership in MD. Apple ford Lincoln. Not 100% fully loaded but GT premium with nav, PP 401 and ruby red paint and parking sensors. Msrp about 43k out the door for 37k. Listed price is 34,900. Brand new. They had another same options for 34,400 but must have just sold.

 

[Kbreese]

Dealership in MD. Apple ford Lincoln. Not 100% fully loaded but GT premium with nav, PP 401 and ruby red paint and parking sensors. Msrp about 43k out the door for 37k. Listed price is 34,900. Brand new. They had another same options for 34,400 but must have just sold.

Wow, that's crazy they are selling them so cheaply. I wonder why. Definitely don't think that's the norm, and that sounds like it would even be under their cost. :shrug:

 

[Mike00]

Wow, that's crazy they are selling them so cheaply. I wonder why. Definitely don't think that's the norm, and that sounds like it would even be under their cost. :shrug:

Sounds about right. I get $35,895 on that same car via Truecar buying service through penfed. And I know I could negotiate lower than the initial price they give.

The stangs are going well below MSRP.

 

[Kbreese]

I just checked out that Apple Ford in MD website, and they have a lot of 2016 GT's, and yeah most of them are going for $6500 - $6800 below MSRP. Wow, when did this happen? I always remember being *slightly better then X-plan as being the best people could do. These advertised prices are quite a bit better than X-plan without even haggling.

At these prices, these cars are a great deal, no doubt.

 

[MaskedRacerX]

I just checked out that Apple Ford in MD website, and they have a lot of 2016 GT's, and yeah most of them are going for $6500 - $6800 below MSRP. Wow, when did this happen? I always remember being *slightly better then X-plan as being the best people could do. These advertised prices are quite a bit better than X-plan without even haggling.

At these prices, these cars are a great deal, no doubt.

That's where I scored mine. $7K off sticker, and another $1000 in rebates, and even though I did have to spend $$$ to ship it, I still came out way better than trying to haggle locally - plus it was the EXACT car I wanted and I couldn't find another like it anywhere within 500 miles.

 

[Rypkr937]

This thread is entertaining. No car holds value even close to what people seem to think in this thread. IT's almost like people haven't seen what has happened in the car market the last 6-8 years.

It's really not. I posted earlier in this thread that I had a $36,xxx msrp 2013 RAM with 33k miles on it that got totaled back in February and the insurance gave me $29,xxx for it.

A 7 grand drop in 2 years with 33,000 miles is more commonplace.

My mustang msrp was $45,xxx and is valued at $32-33k.

A 12k drop in 6 months with 5000 miles is above the norm. That's all people are getting riled up about.

 

[Moddiction]

I almost drove up there but on a base GT with PP that I was looking for I found one locally for only $500 more. Their really good deals are on the loaded ones!

 

[Moddiction]

It's not a 12k drop. More like 5 as almost all loaded ones you can get at least 5k under msrp unless you bought them in initial rush at msrp.

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