Comments on: SC400 Value http://www.lexusautosclub.com/sc400-value Thu, 29 Jul 2010 09:09:16 +0000 hourly 1 http://wordpress.org/?v=3.0 By: admin http://www.lexusautosclub.com/sc400-value/comment-page-1#comment-111 admin Fri, 30 Oct 2009 15:41:00 +0000 http://www.lexusautosclub.com/sc400-value#comment-111 We just traded a 93 SC400 and the retail book value was just under 19k and <br /> wholesale was just under 13K and we had dealers offering 9k to 10k.  I was <br /> shocked!  We had only 70,000 miles and it was mint!  We ended up getting <br /> 10,500 for it, but we felt cheated!  I don't understand why the price is so <br /> low. <br /> <p>"Craig Wagner" <craig_wag...@mindspring.com> wrote in message <br /> <br />news:p7tdhtk9niv05oivtr4oe6t10cdsqdakfp@4ax.com... <br /> </p><p>- Hide quoted text -- Show quoted text -</p>> Has anyone in the US tried selling an SC400 lately? Blue Book on mine is <br /> $21k <br /> > trade-in, $29k retail. I'm finding that dealers are only willing to go <br /> about <br /> > $16k on trade. Apparently there's a glut of them in my area (Portland, OR) <br /> and <br /> > it's driving the prices way down. <br /> > --- <br /> > Craig Wagner | E-mail:  craig_wag...@mindspring.com <br /> > Portland, OR | <br /> > (503) 670-1804 | Excrement Occurs! <br /> <p>> "Don't ban high-performance vehicles, ban low-performance drivers!" <br /> <br /> </p> We just traded a 93 SC400 and the retail book value was just under 19k and
wholesale was just under 13K and we had dealers offering 9k to 10k.  I was
shocked!  We had only 70,000 miles and it was mint!  We ended up getting
10,500 for it, but we felt cheated!  I don’t understand why the price is so
low.

"Craig Wagner" <craig_wag…@mindspring.com> wrote in message

news:p7tdhtk9niv05oivtr4oe6t10cdsqdakfp@4ax.com…

- Hide quoted text — Show quoted text -

> Has anyone in the US tried selling an SC400 lately? Blue Book on mine is
$21k
> trade-in, $29k retail. I’m finding that dealers are only willing to go
about
> $16k on trade. Apparently there’s a glut of them in my area (Portland, OR)
and
> it’s driving the prices way down.
> —
> Craig Wagner | E-mail:  craig_wag…@mindspring.com
> Portland, OR |
> (503) 670-1804 | Excrement Occurs!

> "Don’t ban high-performance vehicles, ban low-performance drivers!"

]]> By: admin http://www.lexusautosclub.com/sc400-value/comment-page-1#comment-110 admin Fri, 30 Oct 2009 15:40:58 +0000 http://www.lexusautosclub.com/sc400-value#comment-110 If you have negotiated a good price on the new car, don't believe anything <br /> about a "glut on the market".  The dealer is just trying to make more profit <br /> on the trade.  The difference is what you care about.  An unethical dealer <br /> may leave the speakerphone on and listen in on what you say to anyone else <br /> inthe room.  Tell your companion something like " if I can't get at least <br /> $xx, then let's leave, and I'll take that offer of joe's.  On a lark, I <br /> tried this, and it was the only time I think I got a good deal. <br /> "Craig Wagner" <craig_wag...@mindspring.com> wrote in message <br /> <br />news:p7tdhtk9niv05oivtr4oe6t10cdsqdakfp@4ax.com... <br /> <p>- Hide quoted text -- Show quoted text -</p>> Has anyone in the US tried selling an SC400 lately? Blue Book on mine is <br /> $21k <br /> > trade-in, $29k retail. I'm finding that dealers are only willing to go <br /> about <br /> > $16k on trade. Apparently there's a glut of them in my area (Portland, OR) <br /> and <br /> > it's driving the prices way down. <br /> > --- <br /> > Craig Wagner | E-mail:  craig_wag...@mindspring.com <br /> > Portland, OR | <br /> > (503) 670-1804 | Excrement Occurs! <br /> <p>> "Don't ban high-performance vehicles, ban low-performance drivers!" <br /> <br /> </p> If you have negotiated a good price on the new car, don’t believe anything
about a "glut on the market".  The dealer is just trying to make more profit
on the trade.  The difference is what you care about.  An unethical dealer
may leave the speakerphone on and listen in on what you say to anyone else
inthe room.  Tell your companion something like " if I can’t get at least
$xx, then let’s leave, and I’ll take that offer of joe’s.  On a lark, I
tried this, and it was the only time I think I got a good deal.
"Craig Wagner" <craig_wag…@mindspring.com> wrote in message

news:p7tdhtk9niv05oivtr4oe6t10cdsqdakfp@4ax.com…

- Hide quoted text — Show quoted text -

> Has anyone in the US tried selling an SC400 lately? Blue Book on mine is
$21k
> trade-in, $29k retail. I’m finding that dealers are only willing to go
about
> $16k on trade. Apparently there’s a glut of them in my area (Portland, OR)
and
> it’s driving the prices way down.
> —
> Craig Wagner | E-mail:  craig_wag…@mindspring.com
> Portland, OR |
> (503) 670-1804 | Excrement Occurs!

> "Don’t ban high-performance vehicles, ban low-performance drivers!"

]]> By: admin http://www.lexusautosclub.com/sc400-value/comment-page-1#comment-109 admin Fri, 30 Oct 2009 15:40:56 +0000 http://www.lexusautosclub.com/sc400-value#comment-109 "Bob Ma2c" <lester11...@home.com> wrote: <br /> <br />[Reply posted to group and cc: to author as a courtesy (if no 'spam guard')] <br /> Please do not reply directly to the e-mail <br /> <p>>When trading in a car, there are three prices in play, your trade in price, <br /> >the new car price and the difference.  I have found that it's a lot easier <br /> >if you only discuss the difference with the dealer. <br /> <br />That's what I've been doing, but between the markup over MSRP that they're <br /> asking for the new car (Honda S2000) and the incredible depreciation on my car, <br /> that difference is a whole lot bigger than I expected when I was doing my <br /> research. <br /> --- <br /> Craig Wagner            | E-mail:  craig_wag...@mindspring.com <br /> Portland, OR            | <br /> (503) 670-1804          | Excrement Occurs! <br /> </p><p>"Don't ban high-performance vehicles, ban low-performance drivers!" <br /> </p> "Bob Ma2c" <lester11…@home.com> wrote:

[Reply posted to group and cc: to author as a courtesy (if no 'spam guard')]
Please do not reply directly to the e-mail

>When trading in a car, there are three prices in play, your trade in price,
>the new car price and the difference.  I have found that it’s a lot easier
>if you only discuss the difference with the dealer.

That’s what I’ve been doing, but between the markup over MSRP that they’re
asking for the new car (Honda S2000) and the incredible depreciation on my car,
that difference is a whole lot bigger than I expected when I was doing my
research.
—
Craig Wagner            | E-mail:  craig_wag…@mindspring.com
Portland, OR            |
(503) 670-1804          | Excrement Occurs!

"Don’t ban high-performance vehicles, ban low-performance drivers!"

]]> By: admin http://www.lexusautosclub.com/sc400-value/comment-page-1#comment-108 admin Fri, 30 Oct 2009 15:40:54 +0000 http://www.lexusautosclub.com/sc400-value#comment-108 When trading in a car, there are three prices in play, your trade in price, <br /> the new car price and the difference.  I have found that it's a lot easier <br /> if you only discuss the difference with the dealer.  That way you avoid <br /> being told their going to lowball your trade-in.  You know what your present <br /> car is worth, but discussing this with the dealer only creates hard <br /> feelings, and the only thing that is important is the difference.  I also <br /> leave the showroom when the salesman says he has to talk to his sales <br /> manager.  I give them my number and tell them to call me.  I usually have my <br /> answer before I get to my car.  Also, get ANY negotiations in writing, such <br /> as repairing rock chips, etc.  There is a big difference in repainting the <br /> front end and retouching rock chips, as I found out when I bought my last <br /> BMW.  Good luck! <br /> "new owner" <wdg@[204.52.135.1]> wrote in message <br /> <br />news:br7fht01ptsfkgerst1dahbibv39vee0hs@4ax.com... <br /> <p>- Hide quoted text -- Show quoted text -</p>> In article <p7tdhtk9niv05oivtr4oe6t10cdsqda...@4ax.com> Craig Wagner <br /> > <craig_wag...@mindspring.com> writes: <br /> <p>> >Has anyone in the US tried selling an SC400 lately? Blue Book on mine is <br /> $21k <br /> > >trade-in, $29k retail. I'm finding that dealers are only willing to go <br /> about <br /> > >$16k on trade. Apparently there's a glut of them in my area (Portland, <br /> OR) and <br /> > >it's driving the prices way down. <br /> </p><p>> Supply and demand certainly has a strong bearing on this. However, when <br /> > putting together an offer, or rather "buy bid" as it's known in the used <br /> > car industry, seldom will the dealer ever make any positive allowances <br /> > over and above the "average condition" offer for the base vehicle with no <br /> > allowance for low miles or extras. Certainly they care what the mileage is <br /> > and whether or not there's a CD player and moonroof, but don't look for <br /> > those goodies to be reflected in the dealer's offer. Arguably your best <br /> > offer will come from a Lexus dealer. And if as you say there's a glut of <br /> > them on the market, you're going to take a very big hit. Just remember <br /> > that in most cases your first loss will be your best loss. If you've <br /> > decided to sell it, then sell it. The only thing that's going to happen by <br /> > you holding on to the car a while longer is the offers are going to go <br /> > down. Remember something else; in general you'll only get stung twice on a <br /> > Lexus, once when you buy your first one and again when you sell your last <br /> > one. <br /> <br /> </p> When trading in a car, there are three prices in play, your trade in price,
the new car price and the difference.  I have found that it’s a lot easier
if you only discuss the difference with the dealer.  That way you avoid
being told their going to lowball your trade-in.  You know what your present
car is worth, but discussing this with the dealer only creates hard
feelings, and the only thing that is important is the difference.  I also
leave the showroom when the salesman says he has to talk to his sales
manager.  I give them my number and tell them to call me.  I usually have my
answer before I get to my car.  Also, get ANY negotiations in writing, such
as repairing rock chips, etc.  There is a big difference in repainting the
front end and retouching rock chips, as I found out when I bought my last
BMW.  Good luck!
"new owner" <wdg@[204.52.135.1]> wrote in message

news:br7fht01ptsfkgerst1dahbibv39vee0hs@4ax.com…

- Hide quoted text — Show quoted text -

> In article <p7tdhtk9niv05oivtr4oe6t10cdsqda…@4ax.com> Craig Wagner
> <craig_wag…@mindspring.com> writes:

> >Has anyone in the US tried selling an SC400 lately? Blue Book on mine is
$21k
> >trade-in, $29k retail. I’m finding that dealers are only willing to go
about
> >$16k on trade. Apparently there’s a glut of them in my area (Portland,
OR) and
> >it’s driving the prices way down.

> Supply and demand certainly has a strong bearing on this. However, when
> putting together an offer, or rather "buy bid" as it’s known in the used
> car industry, seldom will the dealer ever make any positive allowances
> over and above the "average condition" offer for the base vehicle with no
> allowance for low miles or extras. Certainly they care what the mileage is
> and whether or not there’s a CD player and moonroof, but don’t look for
> those goodies to be reflected in the dealer’s offer. Arguably your best
> offer will come from a Lexus dealer. And if as you say there’s a glut of
> them on the market, you’re going to take a very big hit. Just remember
> that in most cases your first loss will be your best loss. If you’ve
> decided to sell it, then sell it. The only thing that’s going to happen by
> you holding on to the car a while longer is the offers are going to go
> down. Remember something else; in general you’ll only get stung twice on a
> Lexus, once when you buy your first one and again when you sell your last
> one.

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