Trade in value

Guns22

TRX Fiend
Founding Member
Joined
Sep 12, 2020
Messages
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Location
Long Island NY
Current Ride
2016 power wagon
Hello everyone, just joined up and loving the content on site . Closed the deal this past thursday 9/11 . I was wondering what people were getting on there trade ins . I traded my 16 power wagon and have been ripping my hair out hoping I got enough for it or if I should list it private before the new ride arrives whenever that might be . The dealer offered 30,000 . Any thoughts ? I don’t want my first post to be a mile long but I know people want to know specifics . It’s a 2016 power wagon
Color Black
Leather
Heated seats and st.wheel
Dual alternator
Spray liner
Navigation
Bed and backup cam
Aluminum roll cover
Cat back flomaster exhaust
New 35” Goodyear wranglers
LED lighting package
Remote start
Truck has 75,000 miles and body paint and interior is flawless , what does everyone think ?
 
I was wondering the same about mine. NADA says between 12500-13800. It' a 2014 RC SWB 4x4 loaded with 284000 miles. I entered 300,000 miles to get a guestimate on a potential deal time 3-4 months. I guess that's not too bad if the dealership would offer that.
 
They offered me 30k for my 18 blacked out Big Horn.
 
I was wondering the same about mine. NADA says between 12500-13800. It' a 2014 RC SWB 4x4 loaded with 284000 miles. I entered 300,000 miles to get a guestimate on a potential deal time 3-4 months. I guess that's not too bad if the dealership would offer that.
I have like the identical truck as you, saw your post in the other thread, except its a 16 with 50k. 284k, wow, what have you had to repair or replace on it if anything? You must drive highway a lot? Thanks.
 
If you get within the KBB trade in range hopefully toward the upper part than you are getting a fair deal
 
Hello everyone, just joined up and loving the content on site . Closed the deal this past thursday 9/11 . I was wondering what people were getting on there trade ins . I traded my 16 power wagon and have been ripping my hair out hoping I got enough for it or if I should list it private before the new ride arrives whenever that might be . The dealer offered 30,000 . Any thoughts ? I don’t want my first post to be a mile long but I know people want to know specifics . It’s a 2016 power wagon
Color Black
Leather
Heated seats and st.wheel
Dual alternator
Spray liner
Navigation
Bed and backup cam
Aluminum roll cover
Cat back flomaster exhaust
New 35” Goodyear wranglers
LED lighting package
Remote start
Truck has 75,000 miles and body paint and interior is flawless , what does everyone think ?
Welcome to the forum...
 
I have like the identical truck as you, saw your post in the other thread, except its a 16 with 50k. 284k, wow, what have you had to repair or replace on it if anything? You must drive highway a lot? Thanks.
Only thing replaced were water pump, evaporator core and 1 upper arm on the rear end. other than that, nothing other normal wear & tear parts such as brakes, plug, etc. I'm a superintendent with a general contractor. So depending on the location of the job I'm on, I commute between 35k-50k per year. 90% highway miles. Motor & transmission, no issues.

Thanks.
 
You guys are crazy to trade. It cost me 800 buck to drive a '12 PW for 1.5 years because I bought right and sold right. Purchasing out of state is key. Just pay 100 bucks for a detail, price it on the low side of private party (which will be thousands more than trade) and spend another 20 bucks to post it nationally. If you price it right it will sell fast. Why give the dealer another opportunity to make profit from you. This TRX is the first time I said hell with it and just paid regardless but I don't plan on selling this one.
 
In many states, including where I live, you only pay sales tax on the difference when you trade in....which can easily be $1 - $2K tax savings compared to buying outright. Granted, ALL dealers know this so they are known to use it as a defense of a low-ball trade value. If you get an honest dealer, the tax savings can't be ignored. Easiest thing to do is look on Autotrader, Cars.com, etc. for vehicles of same year, make, model and mileage for sale and take 10-15% off retail pricing to get an approximate trade-in value. Anything over 75K miles, most dealers are going to wholesale out to another dealer so, unless it is a popular model in cherry condition, in that case, you are likely better off selling it yourself.
 
Got $49,220 including the tax benefit trading in a 19 Wrangler Rubi with 20k miles. I paid $53k for it 20 months ago so I was really happy with that!
 
In many states, including where I live, you only pay sales tax on the difference when you trade in....which can easily be $1 - $2K tax savings compared to buying outright. Granted, ALL dealers know this so they are known to use it as a defense of a low-ball trade value. If you get an honest dealer, the tax savings can't be ignored. Easiest thing to do is look on Autotrader, Cars.com, etc. for vehicles of same year, make, model and mileage for sale and take 10-15% off retail pricing to get an approximate trade-in value. Anything over 75K miles, most dealers are going to wholesale out to another dealer so, unless it is a popular model in cherry condition, in that case, you are likely better off selling it yourself.
In NJ the sales tax is over 6% which means if you are trading a 50K vehicle you just saved $3300.
 
In NJ the sales tax is over 6% which means if you are trading a 50K vehicle you just saved $3300.
Trade Values are strong, right now, so I suggest folks do their research. I recently traded my wife's 2019 VW Atlas for a used Tacoma (she and my son have gotten into kayaking and wanted a small truck). I expected a trade value in the $25 - $26K range but the dealer gave $30K. If selling myself, I would have had to have gotten more than $31,500 to make-up for the tax savings in the trade.....not a chance. Now, in full disclosure, this particular dealer is a large, "One Price" used lot and they price pretty close to the Carmax model and rather than negotiate the selling price, they are known to offer better trade value. Even so, I was very surprised at how much they offered for my trade.
 
Exactly. Would not have gotten that much selling privately

In NJ the sales tax is over 6% which means if you are trading a 50K vehicle you just saved $3300.
 
Thanks for all the responses. I paid 55,000 out the door in 2016 bought the truck upstate NY and saved almost 10 grand under what was being offered on Long Island that being said unfortunately that same dealer has no allocation so could not order for me until possibly December so I went local . As far as NADA it’s listed for 34,000 in poor condition and 37,500 in excellent, which I consider my truck to be . That also took into account my current mileage and options even though I have some that were not even listed. I should probably just list it anyway and see what happens I get the 30 plus tax savings no matter what anyway. I just don’t want to short myself .I’m sure like me we all work hard for our money and want to do the best I can while still giving someone a decent deal . Just don’t see enough power wagons for sale to get a real world gauge of what I should ask for it privately.
 
I apologize. LIving in Montana, I have never had to take sales tax into consideration even when buying out of state. With some of those rates it makes alot more sense to trade in that scenario. Also, the truck market is insane up here. 4 years ago I bought my 12 PW for 31k. About 16 months later I sold it for 30,200. Around the same time my father wanted a truck so I found him a '13 2500 laramie. Bought it for 32k with 60ish thousand miles and at around 78k miles now, was offered 32k the other day from a random guy. Dealership even said they would give over 30k. The truck market is solid in the NW so I always recommend selling nationally as opposed to trading in but this has just been my experience I thought I would share.
 
Was thinking about trading in my '16 1500 Sport, and taking advantage of the sales tax break. But, I can likely net $1500-$2000 more by selling it privately. That's if and only if I sell it at top dollar, with considerably more work on my end. Hmm. I've only ever purchased a brand new vehicle once, in my life, and it was disheartening to know that I was upside down the moment I drove off the lot. It's going to feel really good knowing that won't be the case with the TRX.
 
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