Announcement

Collapse
No announcement yet.

2004 Silver Tbird traded in with 40k miles at Carmax in Wichita

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • 2004 Silver Tbird traded in with 40k miles at Carmax in Wichita

    It went to our wholesale lot since it's too old. Looks in great shape. What do you think they gave the owner for it? What would be a fair price? I was really surprised they offered this much.

  • #2
    Is it an over/under guessing game? Did they buy it outright or take it in on trade and give him allowance toward another car with a good margin in it. If you were surprised by the amount and it's the latter I would guess around $13K

    Comment


    • #3
      Carmax doesn't play those games of giving a higher trade in for a car with high margin that I know of. They offer a set price and that's that. If they offered 13k do you think there would be any room for someone to buy it and resell it?

      Comment


      • #4
        The set price is true, the game comes with the trade, if there is one, they all do it, even CM. Re: could someone make money if they bought it for $13K. I suppose they could to a buyer that had to have it and didn't do a lot of research. Just another example of how mileage is the driver on these cars. At 70K miles that a $9K car but to a lot of people the higher the mileage the better. This link has retros in it all with mileage in the 30's and 40's and all under a starting price between $12 and $15K
        https://www.carstory.com/cars/make-f...ileage=0-49000

        Comment


        • #5
          I would guess it at around $8000, so they could take it to another location and resell it for $12-13,000.
          sigpic

          Comment


          • #6
            Try something in the 11k range. It will need tires too. If it was in the 8 range I would have probably bought it. Not enough margin.

            Comment


            • #7
              It finally sold to a salesman. The shop did a mandatory inspection so I saw it underneath. It has some Magnaflow mufflers welded in place (nice low tone) and orginal tires with 3-4/32 tread with 40k on them!!! Only bad item was the front bumper had a crack on the bottom.

              Comment

              Working...
              X