Recent Trade Value Feedback?

[Smoke king]

I was offered 87k for my 23 with 12k miles today I told them to come up between 92k-95k and we can talk I payed 111k for mine last May

 

[Smoke king]

You may want to hang onto it for a bit as I think the current prices are just a representation of the current interest rates and supply. Once these things stop being made the demand will increase. I sold my 21 Level 2 with 15k miles for $89k back in late June of 22 to GMTV. I then sold my 22 Level 2 with 6k miles to Texas Auto for $104k but that was at the height of the great used car extravaganza lol.

All about the timing

 

[JumpSquadAuto]

I was offered 87k for my 23 with 12k miles today I told them to come up between 92k-95k and we can talk I payed 111k for mine last May

What are you looking to get in exchange for the TRX? Curious minds wanna know lol. Love you Havoc build. DON'T DO IT!! haha

 

[Eighty]

I was offered 87k for my 23 with 12k miles today I told them to come up between 92k-95k and we can talk I payed 111k for mine last May

Don't get rid of the Bang Bus!

 

[Smoke king]

What are you looking to get in exchange for the TRX? Curious minds wanna know lol. Love you Havoc build. DON'T DO IT!! haha

I was actually just going to trade up to a 24 with a lower APR rate as the rate I got was during the hight of the APR boom

 

[Smoke king]

Don't get rid of the Bang Bus!

I'm working on just up grading to the final edition and keep that one

 

[jekor]

Vehicle prices have come down insanely over the last 6-8 months. Across the board. Dealers are also afraid to take in trades and are low balling everything. Carrying costs are through the roof for dealers and they are losing money on a lot of their inventory that hasn't moved in 30-60 days because the market has continued to come down leaving them bag holders on their inventory.

The kbb and nada numbers are ok for an idea but through a friend have been able to see wholesale dealer auction data. 102k sticker for 82k is a little low but not that far off. The retail on that car is low 90s so they want to make ~13% or so profit off the turn around.....realistically dealers have liked to make 7-10% but if they don't move your car right away.....that 13% window can drop quickly with interest and market correction.....and most dealers planning for 10% have been left with negative % if they hold it too long and the market continues to drop.

With that said I track TRX auction pricing aggressively. I haven't done a video on it like I have with the C8 Corvettes... been busy with work and not sure it would get a lot of views but this is the first month in probably 9 months where the avg selling price of the TRXs at auction has not gone down. Actually ticked up.....Assuming because production has ended so saw a similar trend reversal with the trackhawks and durango hellcats (first time) they went out of production. If the reversal holds next month...I'd say this may be the TRX bottom in the overall market drop and from here on out its normal value drop as miles and years age the vehicle.

OP, I can get a whole sale estimate number if you have a vin and region.

That would be great I'm going to shoot you a PM.

Kbb cash offer came out to 85k. Anyone pursue that before? I feel like it's a ploy to get you into a dealership so they can low-ball you after the fact.

 

[2026TRX]

Don't get rid of the Bang Bus!

 

[2026TRX]

That would be great I'm going to shoot you a PM.

Kbb cash offer came out to 85k. Anyone pursue that before? I feel like it's a ploy to get you into a dealership so they can low-ball you after the fact.

I have a terrible Toyota example for that on my 21 Tundra pro and 18 4Runner pro. I would sell it privately if you are not in a hurry imo.

 

[JumpSquadAuto]

That would be great I'm going to shoot you a PM.

Kbb cash offer came out to 85k. Anyone pursue that before? I feel like it's a ploy to get you into a dealership so they can low-ball you after the fact.

I have and all but once the number became lower when I got there. They just use data to come up with a number and have a list of local dealers who buy cars through their program. I was able to negotiate them back to the original offer pretty easily tho.

 

[bmwman3241]

I am in the LA area dealing with a total loss on a 21 Level 2 with 52k miles, and insurance is valuing it at $75k.
Was thinking I would get in the high 80's but no-go there. They asked for comps and I sent them some trucks locally in the 90's, but they said they don't look at private party and also don't care to differentiate between Level 1 and 2.

 

[Eighty]

I am in the LA area dealing with a total loss on a 21 Level 2 with 52k miles, and insurance is valuing it at $75k.
Was thinking I would get in the high 80's but no-go there. They asked for comps and I sent them some trucks locally in the 90's, but they said they don't look at private party and also don't care to differentiate between Level 1 and 2.

$75k for a 2021 with 52k miles is a damn good valuation. I would take the money and run with it before they change their minds.

 

[TRX5280]

I am in the LA area dealing with a total loss on a 21 Level 2 with 52k miles, and insurance is valuing it at $75k.
Was thinking I would get in the high 80's but no-go there. They asked for comps and I sent them some trucks locally in the 90's, but they said they don't look at private party and also don't care to differentiate between Level 1 and 2.

Just bought a 22 Level 2 with 39k miles for $73k. That’s the used TRX market now amigo. They are sitting on lots for months due to consumer sentiment being low due to inflation and the macro economical environment. The TRX is a “luxury” level vehicle. When the economy turns they typically (specifically on the used side) take the biggest hit as inventory increases. This has been slowly occurring for months now.

 

[bmwman3241]

$75k for a 2021 with 52k miles is a damn good valuation. I would take the money and run with it before they change their minds.

I have the check sitting on my desk but being greedy. Kept the totaled truck for $40k and uncashed check for $35k in hand.
In all seriousness my 2024 replacement is costing me double to get into. I was at the point in my 2021 where I was coming out of warranty and was looking to do some high horsepower build.
Going to daily the 24 and decide what to do with the 21.

 

[Trxnd]

After a few weeks not checking, I'm seeing the same trx trucks sitting on dealer lots. No mark up. So yes the car market is stabilizing

 

[Icecobra]

Just look at it from the dealers and buyers perspective. First the dealer it's a lot of money to tie up on one used car. They have to pay to borrow money just like we do and it's not free. The internet is full of folks beating the hell out of them. Dealers don't want vehicles that the warranty is declined because the truck was beat to death. Buyers don't want a truck the previous owner beat the crap out of either. Not a lot of people can afford over 70k for a daily driver. These are just a few of the things dealers have to deal with when buying these trucks. You can also do a stated value insurance policy. It's usually only a few dollars more and saves the hassle of the valuation process.. Just saying...

 

[Blackbear]

Local dealer offered me 85 for a 2023 lev1 with 9600 miles. I’m sure I could make them pay me at least 88

 

[Blackbear]

I was checking out their grand Wagoneer

 

[shapiroeric]

You also have to remember the dealer knows you want the new car more than they want the trade.....

 

[OKC_RS7]

I was checking out their grand Wagoneer

Stay away from the 6.4L. Go for V6 only and make sure production is in 2024 only. SOOOO MANY ISSSSUEEEESSSS!!! Dont look at the first two years' depreciation on the Wagoneer either.. The 22" RIMS bend VERY EASY and was the reason i did not refresh my 2022 with a 2023!