This is going to hurt- trade in values.
11-19-2008, 03:00 PM
#31
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11-19-2008, 04:20 PM
#32
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funny if it wasn't so pathetically true. You know the party will really come to a halt when you see the Credit Card companies up in front of Congress begging for their handouts too. 
11-19-2008, 04:41 PM
#33
11-19-2008, 04:57 PM
#34
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Another problem is so many people are upside down in their auto loans.
I have a client who wants to trade in her 07 R 500 on a Q7 - she hates the R 500.
When we worked out a deal, it turns out the most we can give her for her car is $30k and she owes $38k.
Makes it hard to come up w/an attractive monthly payment.
I have a client who wants to trade in her 07 R 500 on a Q7 - she hates the R 500.
When we worked out a deal, it turns out the most we can give her for her car is $30k and she owes $38k.
Makes it hard to come up w/an attractive monthly payment.
11-19-2008, 05:09 PM
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i find that a bit odd. BMW CPO sales are actually up for september (and i believe october) as well as YTD. BMW's increased CPO sales are actually mitigating its huge drop in new car sales. so, at least with BMW, it looked like people were staying away from new cars and focusing on used.
if trade in values are that low, it means that dealers are still making good margins or people are buying CPO's for very good prices.
if trade in values are that low, it means that dealers are still making good margins or people are buying CPO's for very good prices.
11-19-2008, 05:14 PM
#36
Another problem is so many people are upside down in their auto loans.
I have a client who wants to trade in her 07 R 500 on a Q7 - she hates the R 500.
When we worked out a deal, it turns out the most we can give her for her car is $30k and she owes $38k.
Makes it hard to come up w/an attractive monthly payment.
I have a client who wants to trade in her 07 R 500 on a Q7 - she hates the R 500.
When we worked out a deal, it turns out the most we can give her for her car is $30k and she owes $38k.
Makes it hard to come up w/an attractive monthly payment.
11-19-2008, 05:46 PM
#37
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This happens a lot. But I suspect the 'switch' buyers are going to get smacked around for the next few months.
or not. LOL
Another problem is so many people are upside down in their auto loans.
I have a client who wants to trade in her 07 R 500 on a Q7 - she hates the R 500.
When we worked out a deal, it turns out the most we can give her for her car is $30k and she owes $38k.
Makes it hard to come up w/an attractive monthly payment.
I have a client who wants to trade in her 07 R 500 on a Q7 - she hates the R 500.
When we worked out a deal, it turns out the most we can give her for her car is $30k and she owes $38k.
Makes it hard to come up w/an attractive monthly payment.
We just bought an 06 R500 with 39k on it OFF auction for $19k!!!!
*keep in mind values are REGION specific.
i find that a bit odd. BMW CPO sales are actually up for september (and i believe october) as well as YTD. BMW's increased CPO sales are actually mitigating its huge drop in new car sales. so, at least with BMW, it looked like people were staying away from new cars and focusing on used.
if trade in values are that low, it means that dealers are still making good margins or people are buying CPO's for very good prices.
if trade in values are that low, it means that dealers are still making good margins or people are buying CPO's for very good prices.
We NOW have fear about the used car market. So those numbers you're seeing are reflective for inventor that's over 60 days old. I suspect you'll see November numbers really down for November.
Get rid of it NOW.
11-19-2008, 05:56 PM
#39
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Stoppie, I soft deleted your ad. You know the rules, comercial ads are for site sponsors only.
Regards,
Regards,
11-19-2008, 06:08 PM
#40
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I we're giving her top dollar for it. And selling the Q7 for next to nothing.
It's funny, she thinks it's more valuable because they quit making them.
Um, the reason they quit making them is no one wanted them.
11-19-2008, 07:07 PM
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11-19-2008, 07:11 PM
#44
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Please call her and say that. She was pretty upset when we told her.
I we're giving her top dollar for it. And selling the Q7 for next to nothing.
It's funny, she thinks it's more valuable because they quit making them.
Um, the reason they quit making them is no one wanted them.
I we're giving her top dollar for it. And selling the Q7 for next to nothing.
It's funny, she thinks it's more valuable because they quit making them.
Um, the reason they quit making them is no one wanted them.
Sadly, the new 09 R class is brilliant. It's what the 06 should have been. But they will, eventually, kill the R Class all together.
MB has not ceased production of the R Class yet FYI.
*nice jab tho! bastard! lolBut DRASTICALLY scaled down production.
Follow up with her and make sure you help her along the process. (And she's probably going to shop you on the Q-it's not like AUDI can give those pigs away either! LOL
)
11-19-2008, 08:26 PM
#45