11-22-2003, 08:50 AM
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#1 (permalink)
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Non Member
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Join Date: Jun 2003
Location: Illinois
Posts: 16
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Truck for sale - questions
Is my truck just not worth that much or what?
01 quad cab long bed 2wd with H.O. & 6 spd. It has 136000 miles and a small dent in the drivers side rear door from where a pony backed in to it. I only need $12,700 to pay it off but the dealer says I am still upside down on it and really low balled me on the trade in price because of the miles and the dent.
Now I have seen similar trucks to mine sell with more body abuse for $15,000 QUICKLY, so what gives, is selling used vehicles that profitable?
I mean if they gave me $12,700 for it, spent $500 to fix the door they could sell it at a sticker of $17,000 and if they sell it for $15,500 they would still make $2300 which is 17.5%! If they got the $17,000 that is $3800 and almost 30%!!!!
What is the deal with dealers? I guess I am just going to have to sell it on my own. Anyone want a truck, CHEAP?
__________________
Dan Beatty, DVM
2001 Ram 2500 with H.O. Cummins
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