I have a 2020 F250 with only 4700 miles on it. The NADA site says $10k over what anyone else offered me. Weird. Needs further research.I got a kbb instant cash offer on my truck after this thread and it’s $3500 more than I paid for it over 2 years ago. Insane. I’m now very seriously considering selling it to kbb or Carvana. Waiting on the Carvana quote.
What would that be?Interesting examples from 2016 and 2018. Need more data.
MrLemonade's Toyota was a fanboy/customizer sale
Interesting examples from 2016 and 2018. Need more data.
MrLemonade's Toyota was a fanboy/customizer sale
I can't really look at the sales taxes paid as lost money, although it was about 2.5k to tax and tag it initially. If i can get my lofty price for the truck i will be get that money back. Taxes and tags on an 80k truck might run over 6,000, so in the event my truck sells and i replace it with something nice it will be expensive.Other pros and cons of selling to buy later include:
* Saving money by not insuring, licensing, registering, an idle vehicle
* Losing money sunk in the initial cost of ownership, including the taxes (e.g. if you paid 10% in various taxes and transfer fees initially on a $50,000 then you sunk $5000 into it, which is never recovered).
* Losing money when you re-purchase another vehicle by again having to sink money into the transfer of ownership.
* Selling a known good vehicle only to have to gamble on buying a unknown vehicle later is a risk.
* Losing a lot of money sunk into proper maintenance of a good vehicle.
Was that shrewd bargaining, or insight that the market is turning the corner due to gas prices rising?A guy recently bought a ZR2 Bison with 39,000 miles on it for $43k. I paid that for one with 2,167 miles. CPO.
They made money on @buster's trade.Was that shrewd bargaining, or insight that the market is turning the corner due to gas prices rising?