Notices
Purchasing, Financing, & Insurance Talk about dealerships, your order status, delivery experience, ordering options, financing/leasing, insurance deals, etc.

Car trade-in as Downpayment and such ?

Thread Tools
 
Rate Thread
 
Old Oct 9, 2003 | 03:59 AM
  #1  
InsomniaDriver's Avatar
Thread Starter
Registered User
 
Joined: Oct 2003
Posts: 4
Likes: 0
From: Jersey
Previous Mazda Car trade-in as downpayment Q's

Aight... check this. I have a Green 2000 Protege (bought new in Dec. 99). It only has 35,000 miles on it even though its almost 4yrs old ! (result of not taking it to College my first year and half).

I already have the College Grad. Option to save $500, regardless...

Anyways.... anyone have any idea on the trade-in spectrum of prices ?? Basically, what am I looking at getting in terms of $$ back. Its in near perfect condition, no Accidents ever; couple of dings to be touched up etc.

To save me time and patience, I am thinking about trading it in, and using the money from that as a nice downpayment for my RX-8.

Advice, Suggestions... Inqueries ???

-up all night

Last edited by InsomniaDriver; Oct 9, 2003 at 04:12 AM.
Reply
Old Oct 9, 2003 | 10:28 AM
  #2  
eccles's Avatar
Prodigal Wankler
 
Joined: Nov 2002
Posts: 1,761
Likes: 2
From: Austin, TX
Here's a couple of sites that will give you an idea of what your car is worth as a trade-in:

Kelley's Blue Book
Edmunds

Run the numbers before you head to the dealership.
Reply
Old Oct 9, 2003 | 07:05 PM
  #3  
mikeb's Avatar
100% Italian
 
Joined: Jul 2003
Posts: 9,422
Likes: 0
From: orange,ca
depending on your situation time wise I would sell it private party to get more cash
dealers never give enough
Reply
Old Oct 9, 2003 | 07:15 PM
  #4  
8_wannabe's Avatar
Go baby!
 
Joined: Jun 2003
Posts: 1,303
Likes: 0
From: La Jolla CA
Originally posted by mikeb
depending on your situation time wise I would sell it private party to get more cash
dealers never give enough
Agreed. Put it in autotrader or your local classifieds. You'll make at least $1000 more. On my Accord a few years back the diff btwn trade-in and private sales was $3500. I sold it myself.
Reply
Old Oct 9, 2003 | 07:21 PM
  #5  
eccles's Avatar
Prodigal Wankler
 
Joined: Nov 2002
Posts: 1,761
Likes: 2
From: Austin, TX
Originally posted by mikeb
depending on your situation time wise I would sell it private party to get more cash
Of course, if you're in a state where you only pay sales tax on the bottom line after your trade-in has been deducted, you'll need to factor that potential tax saving into your decision.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Skyl3r
New Member Forum
148
Dec 2, 2019 04:51 PM
akagc
RX-8's For Sale/Wanted
7
Aug 11, 2015 07:07 PM
Peanutbuttertruffle
New Member Forum
6
Jul 24, 2015 07:49 AM
Bamaham
New Member Forum
2
Jul 23, 2015 08:08 AM
AussieGray
RX-8's For Sale/Wanted
0
Jul 16, 2015 03:58 AM



You have already rated this thread Rating: Thread Rating: 0 votes,  average.


All times are GMT -5. The time now is 11:35 AM.