Thomas Rogers
Well-Known Member
That was a great deal, Mud.
TJR
TJR
OT: Another Possible ST Trade-In
- Thread starter Thomas Rogers
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Josh Langel
Well-Known Member
TJR,
did you look at the VW Touareg? GMC Acadia? Both nice vehicles.
did you look at the VW Touareg? GMC Acadia? Both nice vehicles.
Thomas Rogers
Well-Known Member
I looked at the GMC Acadia...very nice. Almost sold on it. The problem with it right now is the financing. Since it is new, and hot, the finance rates SUCK.
Same with VW...and like all VWs they seem very, very overpriced.
Sure, it ain't the same car, but we can get all the same amenities (AWD, leather, DVD, 6 passenger, 2nd row captains chairs, heated seats...etc), with the Pacifica for at least 10K less, and with 0% financing.
TJR
Same with VW...and like all VWs they seem very, very overpriced.
Sure, it ain't the same car, but we can get all the same amenities (AWD, leather, DVD, 6 passenger, 2nd row captains chairs, heated seats...etc), with the Pacifica for at least 10K less, and with 0% financing.
TJR
Josh Langel
Well-Known Member
True.
I priced a VW V6, leather, 4x4 $35,500 OTD... not bad at all.
I priced a VW V6, leather, 4x4 $35,500 OTD... not bad at all.
Thomas Rogers
Well-Known Member
Mud you must be getting FL prices our something. I can't match any of your prices here in PA.
TJR
TJR
Josh Langel
Well-Known Member
BTW, I priced an Acadia, AWD, Wallnut (sp?) Leather, everything but Nav and Sound package for $38,000 OTD...
Too hot right now... so deals suck.
Too hot right now... so deals suck.
Josh Langel
Well-Known Member
Yeah... Florida prices.
Jeffksf B
Well-Known Member
Saturn Outlook is the Acadia clone, possibly another option, good luck
Thomas Rogers
Well-Known Member
I'm already starting to cry a little...
We put down a deposit on a 2007 Pacifica Touring AWD, loaded (less nav, backup assist and XM but everything else so it seems).
I'm trading in the Sport Trac for her. The ST has just under 32K miles and is an '04 XLT Premium in clean/outstanding condition. They gave me $16K on the trade. That alone saved us $960 in taxes so it's a good deal. Oh, we got the Pacifica for $100 over invoice and 0% financing for 60 months, so we have that going for us.
I loved the ST, but my family has outgrown it...the 6 passenger of the Pacifica is nice. Also, this is part of a double move. My wife has a Mountaineer that is coming off lease in 2 months, and when that happens I am looking for a new or used econo-box that gets good gas mileage. Put simply, we can't justify being a two SUV family anymore.
So I will be searching for an econbox over the next two months.
Here is what I am looking for:
- MSRP around 15K
- 24 MPG city (minimum)
- 4 door, 5 passenger
- Automatic, AC, CD
- Good safety rating
- 0% financing for 60 months a plus (I love other people's money)
Anyone want to help me pick my next commuter car?
P.S. I'll stick around here to keep Caymen in line, at least as long as you guys and gals will have me.
P.S.S. The ST was the most fun vehicle I have ever had. It truly was a toy for me, but my families needs and financial situation has changed, and we are all trying to cut back a little.
TJR
We put down a deposit on a 2007 Pacifica Touring AWD, loaded (less nav, backup assist and XM but everything else so it seems).
I'm trading in the Sport Trac for her. The ST has just under 32K miles and is an '04 XLT Premium in clean/outstanding condition. They gave me $16K on the trade. That alone saved us $960 in taxes so it's a good deal. Oh, we got the Pacifica for $100 over invoice and 0% financing for 60 months, so we have that going for us.
I loved the ST, but my family has outgrown it...the 6 passenger of the Pacifica is nice. Also, this is part of a double move. My wife has a Mountaineer that is coming off lease in 2 months, and when that happens I am looking for a new or used econo-box that gets good gas mileage. Put simply, we can't justify being a two SUV family anymore.
So I will be searching for an econbox over the next two months.
Here is what I am looking for:
- MSRP around 15K
- 24 MPG city (minimum)
- 4 door, 5 passenger
- Automatic, AC, CD
- Good safety rating
- 0% financing for 60 months a plus (I love other people's money)
Anyone want to help me pick my next commuter car?
P.S. I'll stick around here to keep Caymen in line, at least as long as you guys and gals will have me.
P.S.S. The ST was the most fun vehicle I have ever had. It truly was a toy for me, but my families needs and financial situation has changed, and we are all trying to cut back a little.
TJR
TJR,
Seriously, check out a Focus...if you can get past the looks. I am unable to, thats why I drive an 11 year old Escort GT and will continue to drive an old car until Ford pulls their heads out of their @$$es.
Another thought is the Mazda3. A sister car of the Focus, but better looking.
Tom
Seriously, check out a Focus...if you can get past the looks. I am unable to, thats why I drive an 11 year old Escort GT and will continue to drive an old car until Ford pulls their heads out of their @$$es.
Another thought is the Mazda3. A sister car of the Focus, but better looking.
Tom
Thomas Rogers
Well-Known Member
Caymen,
I have looked at the Focus, it's in the running.
The four-door sedan is in my price range...maybe even the 4 door hatchback if I could get a deal on her.
I had an 81 Escort that I beat the ever-living crap out of in college. It was a sweet little ride.
TJR
I have looked at the Focus, it's in the running.
The four-door sedan is in my price range...maybe even the 4 door hatchback if I could get a deal on her.
I had an 81 Escort that I beat the ever-living crap out of in college. It was a sweet little ride.
TJR
Another to look at, believe it or not, is a 2.3L Fusion. With X-Plan, you can get one pretty cheap.
If I were in the market for a small car, it would be a 1991 to 1996 Escort or a new Fusion.
Tom
If I were in the market for a small car, it would be a 1991 to 1996 Escort or a new Fusion.
Tom
TJR,
You need to look at the tax difference for your trade-in vs selling and having no trade-in.
Most states only tax you on the price of the purchased vehicle, minus the trade-in value. So if you get $15K for your ST on a trade-in on a new $34K you actual state sales tax will be based on the remaining $19K balance. It all depends upon the tax rate in your state.
While it may appeat that selling you vehicle may net more profit, you must consider that you will have to pay taxes on the full $34K Volvo price. Also, you may not get anyone to buy your ST at $17.5K or it may take a long time and a lot of advertising cost to sell it.
I had a similar situation where the dealer was not giving me what I thought was a good price for my trade=in. After I placed an add in the paper for 2 weeks, at a price that I thought was a fair price for my Camaro, I never got as much as a call. When I finally realized the that the tax difference for the trade-in vs selling the Camaro, was only going to net me $300 and I probably would have burned that up in advertising for a few months, taking a lot of time showing the car and having people test drive it, etc...In the end it was not worth it. I contacted the dealer and took his offer, which was a pretty good deal afterall.
The ideal position to be in when buying a new vehicle is not to have a trade-in, since they dealer can only make a profit on one vehicle and to do that he has to offer or accept a competive price. That's why dealers like to write up a deal that includes the new vehicle with the trade-in combined. That helps hide the price of the new vehicle and what they are giving you for your trade-in.
...Rich
You need to look at the tax difference for your trade-in vs selling and having no trade-in.
Most states only tax you on the price of the purchased vehicle, minus the trade-in value. So if you get $15K for your ST on a trade-in on a new $34K you actual state sales tax will be based on the remaining $19K balance. It all depends upon the tax rate in your state.
While it may appeat that selling you vehicle may net more profit, you must consider that you will have to pay taxes on the full $34K Volvo price. Also, you may not get anyone to buy your ST at $17.5K or it may take a long time and a lot of advertising cost to sell it.
I had a similar situation where the dealer was not giving me what I thought was a good price for my trade=in. After I placed an add in the paper for 2 weeks, at a price that I thought was a fair price for my Camaro, I never got as much as a call. When I finally realized the that the tax difference for the trade-in vs selling the Camaro, was only going to net me $300 and I probably would have burned that up in advertising for a few months, taking a lot of time showing the car and having people test drive it, etc...In the end it was not worth it. I contacted the dealer and took his offer, which was a pretty good deal afterall.
The ideal position to be in when buying a new vehicle is not to have a trade-in, since they dealer can only make a profit on one vehicle and to do that he has to offer or accept a competive price. That's why dealers like to write up a deal that includes the new vehicle with the trade-in combined. That helps hide the price of the new vehicle and what they are giving you for your trade-in.
...Rich
Thomas Rogers
Well-Known Member
RichardL,
Actually 16K is an excellent trade-in price for my ST. And, it avoids me $960 in sales tax if I didn't trade anything in.
PA has 6% sales tax and the trade-in amount is deducted, in full, from the purchase price of the new vehicle and you only pay tax on the difference.
So that 16K is really like 16,960 private sale, and the BEST I could hope for private sale is what KBB quotes (and they are high, IMHO) for private sale and that's $17,510.
So, $550 to not have to deal with a bunch of tire kickers is a sweet deal to me.
I agree with you that most dealers like to make trade-in deals because it allows them to move monies around playing one end off the other, but that doesn't mean "no trade-in" deals are the best. It just means you have to be more savvy and know what the best price for both the trade-in and the new vehicle purchase are, and sites like edmunds.com make that pretty easy.
Besides, what constitutes "best" for one may not be best for another. A BETTER deal would be that the dealer gave me $17,510 for the trade-in, but that's not going to happen. A better deal might be a third-party sale for $17,510, but that MIGHT not happen.
No, for me, right now, the BEST deal (of those I could broker) is the one I took, because it gets me and my family into the territory of having more options and two new vehicles, back under warranty, using lesser fuel and at the same overall monthly car payment amount as before (so is our goal). I still need to get that econobox.
Caymen has piqued my interest in the Fusion...
TJR
Actually 16K is an excellent trade-in price for my ST. And, it avoids me $960 in sales tax if I didn't trade anything in.
PA has 6% sales tax and the trade-in amount is deducted, in full, from the purchase price of the new vehicle and you only pay tax on the difference.
So that 16K is really like 16,960 private sale, and the BEST I could hope for private sale is what KBB quotes (and they are high, IMHO) for private sale and that's $17,510.
So, $550 to not have to deal with a bunch of tire kickers is a sweet deal to me.
I agree with you that most dealers like to make trade-in deals because it allows them to move monies around playing one end off the other, but that doesn't mean "no trade-in" deals are the best. It just means you have to be more savvy and know what the best price for both the trade-in and the new vehicle purchase are, and sites like edmunds.com make that pretty easy.
Besides, what constitutes "best" for one may not be best for another. A BETTER deal would be that the dealer gave me $17,510 for the trade-in, but that's not going to happen. A better deal might be a third-party sale for $17,510, but that MIGHT not happen.
No, for me, right now, the BEST deal (of those I could broker) is the one I took, because it gets me and my family into the territory of having more options and two new vehicles, back under warranty, using lesser fuel and at the same overall monthly car payment amount as before (so is our goal). I still need to get that econobox.
Caymen has piqued my interest in the Fusion...
TJR
Thomas Rogers
Well-Known Member
RichardL,
Also, thanks for the advice.
I have looked at this deal so many different ways.
Ultimately what made me tip the scales on the trade was the overall cost of owning the ST, and the fact that it is 4K miles from going off warranty. I looked at tradeing in, then replacing the ST with a econo-sedan in my price range. I projected TOTAL cost of each scenario (projected 5 years out...the life of the new car). When looking at car payments only, I get out about $700 cheaper over 5 years to trade now and get the econo-box. Fuel-savings wise, I save about another $6K over that 5 year period...(about $100/month).
And that's if gas continues to average $2.75/gal, which I would be happy if over the next five years that is ALL it averaged.
So, getting a car back under warranty, lowering my monthly car payment, lowering my monthly fuel payment, all reasons to dump the ST, and with the savings, get my wife into a nicer car (the Pacifica), too.
TJR
Also, thanks for the advice.
I have looked at this deal so many different ways.
Ultimately what made me tip the scales on the trade was the overall cost of owning the ST, and the fact that it is 4K miles from going off warranty. I looked at tradeing in, then replacing the ST with a econo-sedan in my price range. I projected TOTAL cost of each scenario (projected 5 years out...the life of the new car). When looking at car payments only, I get out about $700 cheaper over 5 years to trade now and get the econo-box. Fuel-savings wise, I save about another $6K over that 5 year period...(about $100/month).
And that's if gas continues to average $2.75/gal, which I would be happy if over the next five years that is ALL it averaged.
So, getting a car back under warranty, lowering my monthly car payment, lowering my monthly fuel payment, all reasons to dump the ST, and with the savings, get my wife into a nicer car (the Pacifica), too.
TJR
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I could not afford to buy a new vehicle.
No car payment with no repairs because I drive a Ford is a win-win for me. If I do happen to have a repair, it will be a far cry from a car payment and I am talented enough to do 99% of them myself.
As for a Fusion. A base model FWD 2.3L I4 with ABS has an MSRP of 18,500. Figure another $1,500, or so, off for X-Plan and you are talking about $17,000 for a 4 door vehicle that you don't need a shoe horn to get into. Plus it looks good and you wouldn't feel like a dork trying to justify a goofy looking car.
Tom
No car payment with no repairs because I drive a Ford is a win-win for me. If I do happen to have a repair, it will be a far cry from a car payment and I am talented enough to do 99% of them myself.
As for a Fusion. A base model FWD 2.3L I4 with ABS has an MSRP of 18,500. Figure another $1,500, or so, off for X-Plan and you are talking about $17,000 for a 4 door vehicle that you don't need a shoe horn to get into. Plus it looks good and you wouldn't feel like a dork trying to justify a goofy looking car.
Tom
WXMotorSports DecalsPartsAccs
Well-Known Member
I really like the Fusion. I wish they would make their V6 in a stick. There is a dealer down the street from my shop that is putting on nice set of wheels and suspension kits on he Fusions. Really improves the appearance of an already good looking ride.
Josh Langel
Well-Known Member
If I had to buy a car... AWD.
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