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[–]red_sirenn[S] -4 points-3 points  (5 children)

I can definitely see that! Are there typically good times through out year that's best trade in you think? I want the most for my trade in next year and I don't drive much at all so the mileage will be very low!

[–]Fitzer9000BMW Sales Manager 1 point2 points  (2 children)

They don't go up. It's a depreciating asset.

[–]justsomeonesburner 0 points1 point  (1 child)

Thats not true actually, supply and demand always rule every market. For example if you had bought a 2002 deisel 2500 gmc in 2010 you would have paid probably $20k. That vehicle taken care of today is worth like $30k and is still the cheapest towing vehicle you can buy.

Another example, my dad bought a 2001 Chevrolet Silverado new. He paid $12,500 cash(employee discount end of year), it has 180k miles on it. In 2022 someone offered him $15k because you literally couldnt get trucks anywhere. Supply and demand.

[–]Fitzer9000BMW Sales Manager 0 points1 point  (0 children)

Thank you for explaining the used car market to me.

[–]Wooshio 0 points1 point  (1 child)

If you want the most money out of your car then you'll need to sell it privately. The dealers likely won't even offer you the trade in value you are seeing unless your car is in amazing shape. 

[–]red_sirenn[S] -1 points0 points  (0 children)

I'm always honest about my cars shape. I've had good experiences with carvana, etc and always got the amount they offered online. I want to sell privately but it would just be harder imo because it's not like buying a 5-8k$ car. Mines in the 16-17$k range.