Local dealer has a raptor, msrp is $41670 and they added a $700 paint protection package. What do you who have bought raptors think would be fair to pay? I have a 04 cobra with almost 19k miles to trade, I owe roughly $20k on it. I realize I'll flip some of the cobra into the raptor loan but my down payment will fix that.
On edit nada has trade in at $19550 for the cobra but kbb has it for $18k
in 3 to 4 months the 5.4 will have killer deals on them, because of the arrival of the 6.2. with a nice car i assume you dont have to buy right now. just something to think about.
trucks make big money at msrp.
trades make bigger money, dont expect anything near 20 or even 18.
40 for the truck + ttl is 44 otd. if you get 18 on the trade, your looking at a 46k note with no down payment.
38 for the truck + ttl is near 42otd. with a probable 15 or 16 from your trade, your looking at 46 or 47 note with no down payment.
your loan on your car is killing you! and it will not get better with a purchase of a new vehicle!
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Michael Munson michaelm@modernhorsepower.com
modernhorsepower.com - For those interested in more power and speed!
in 3 to 4 months the 5.4 will have killer deals on them, because of the arrival of the 6.2. with a nice car i assume you dont have to buy right now. just something to think about.
trucks make big money at msrp.
trades make bigger money, dont expect anything near 20 or even 18.
40 for the truck + ttl is 44 otd. if you get 18 on the trade, your looking at a 46k note with no down payment.
38 for the truck + ttl is near 42otd. with a probable 15 or 16 from your trade, your looking at 46 or 47 note with no down payment.
your loan on your car is killing you! and it will not get better with a purchase of a new vehicle!
Not sure what others are getting, but several dealers in SE Michigan were asking $1,500 over invoice (yes invoice) back in August. The 6.2L might be different for the time being, but I can't see anyone paying over MSRP.
Also, as SID mentioned, don't pay for any "paint protection" hoax. Nothing more then some crap wax.
I wouldn't really call oweing $20k on a 18k mile 04 cobra really too much. Besides, I was asking what to pay for their truck, not what should I get for my cobra (check nada anyway). If you want to factor in the trade as far as price for the truck, what are you a car salesman? Almost everyone knows that's an old trick they pull. You're suppose to work out the deal on the vehicle you want to buy first and then work out the price on your trade. I was just simply asking because I've seen some people post up incredible deals and then other morons paying msrp. The dealer had had this truck since they came out and it actually has near 100 test drive miles on it.
I wouldn't really call oweing $20k on a 18k mile 04 cobra really too much. Besides, I was asking what to pay for their truck, not what should I get for my cobra (check nada anyway). If you want to factor in the trade as far as price for the truck, what are you a car salesman? Almost everyone knows that's an old trick they pull. You're suppose to work out the deal on the vehicle you want to buy first and then work out the price on your trade. I was just simply asking because I've seen some people post up incredible deals and then other morons paying msrp. The dealer had had this truck since they came out and it actually has near 100 test drive miles on it.
you stated you wanted to trade. so yes i put it in the deal. and yes i think you would have trouble selling your car for 20k or more privately. yes you owe 20k on a used 6 year old car! that is way too much!
as you stated above, i worked out a deal on the truck first! thats why the 2 prices are seperate. and for a used 100 mile raptor i would offer 40 or 41 otd!
if you are still trading i would be surprised if you get 16k for your trade. honest opinion.
I wouldn't really call oweing $20k on a 18k mile 04 cobra really too much.
Quote:
Originally Posted by ON D BIT
you stated you wanted to trade. so yes i put it in the deal. and yes i think you would have trouble selling your car for 20k or more privately. yes you owe 20k on a used 6 year old car! that is way too much!
as you stated above, i worked out a deal on the truck first! thats why the 2 prices are seperate. and for a used 100 mile raptor i would offer 40 or 41 otd!
if you are still trading i would be surprised if you get 16k for your trade. honest opinion.
I am sorry I just fail to see your logic in the pricing of the cobra. Nada trade is at $19550 and kbb trade is at $177xx. Retail is at $23k on both sites, private party is 20-22k and my bank will loan up to $24k on it. I asked for your opinion though so no hard feelings. I guess I'll go bust all 93/03/04 cobra owners bubbles and call the dealerships that have them on their lot for $25k. Btw- got offered $21k on trade toward a Subaru, $19k towards a Mitsubishi but I decided that scene is not for me. Oh and just got an email from the raptor dealer $18k possibly more, have to see in person.
The thing about dealership is that they are businesses, they have to make money. If you want full NADA trade in value (high book) you are going to have to pay full retail (sticker price). If you want to buy at wholesale (invoice) you have to trade at wholesale (low-book).
trucks make big money at msrp.
trades make bigger money, dont expect anything near 20 or even 18.
i will say it again, but more specifically.
the dealer will make about 5k on a msrp sold raptor!
typically dealer will make 5 to 7k on a used car sale!
in order to make 7k on a 25k mustang svt the dealer has to purchase it for 18 or less.
used car sales are the big money makers on car lots. thats why trade in values are so low!
Quote:
Originally Posted by rexisme
I guess I'll go bust all 93/03/04 cobra owners bubbles and call the dealerships that have them on their lot for $25k.
back on subject, you can probably find a raptor for 1k over invoice.
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