Trade up to a cobra
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Beantown Stang
Joined: Dec 2005
Posts: 1,375
From: Boston, MA
Trade up to a cobra
hey guys, im thinking about trading up to a cobra 04 preferably.. what you guys think i can get for my GT 2002 with 32k miles and mods in sig? i still owe around 10 grand on the note... so how much you think the dealership would give me for it if i wanted to trade upto a cobra?
jjtgiants
Joined: Jan 2005
Posts: 4,177
From: Dublin, CA
I traded in my 03 GT Vert last year and I think they gave me like $16,800 for it and it was in perfect shape.....It's hard to say how much you'd get for it....but since you don't have a ton of miles on it will help you.
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Beantown Stang
Joined: Dec 2005
Posts: 1,375
From: Boston, MA
haha ya its under my dads name and I pay for it but then again his isnt even that great lol.. but since i owe 10g on it how does that work? do they give me a price say 16k and deduct 10k from it?
Super Moderator
Joined: May 2005
Posts: 9,684
From: Carthage, Missouri
I'd say they will offer you around $13,000 maybe less.Yes it has low miles and is in great condition but they go by Nada and Kelly Blue book values.
I looked it up on NADA and they say that Avg. trade in value with your miles is $13,025 with a retail value of $15,375.The dealer won't care what mod's have been done to it and would probally rather have it stock.
I looked it up on NADA and they say that Avg. trade in value with your miles is $13,025 with a retail value of $15,375.The dealer won't care what mod's have been done to it and would probally rather have it stock.
Super Moderator
Joined: May 2005
Posts: 9,684
From: Carthage, Missouri
Also whenever you trade in a car you are alway's getting screwed one way or the other.I will never trade a car in ever again.
When I sold my GT I went $2000 under the retail value so I knew I could sell it.I was right between the trade in value and the retail value.I left all my Mod's on the car and took a loss for all the time and money spent on it but was able to sell it fast like I wanted.
When I sold my GT I went $2000 under the retail value so I knew I could sell it.I was right between the trade in value and the retail value.I left all my Mod's on the car and took a loss for all the time and money spent on it but was able to sell it fast like I wanted.
Always Detailin'
Joined: Oct 2005
Posts: 3,556
From: Dayton, OH
do the trade in value with KBB. that's what a ton of dealer's go by, at least here in the Dayton area. Whatever that figure comes out to be, is about what they'll give you.
I say 14.5K if you're really lucky. Mines an 01 GT w/ 58K miles and I'll only get 10.3K for it. They care more about the year than mileage, to a certain point.
If mine only had 31K miles on it, I would still only get 11K. Since yours in an 04, that'll help some.
I say 14.5K if you're really lucky. Mines an 01 GT w/ 58K miles and I'll only get 10.3K for it. They care more about the year than mileage, to a certain point.
If mine only had 31K miles on it, I would still only get 11K. Since yours in an 04, that'll help some.
Senior Member
Joined: Jul 2005
Posts: 5,796
From: Downingtown/West Chester, PA
shouldve sold the gt and not the cobra..haha
Senior Member
Joined: Apr 2005
Posts: 395
Typical Car Dealer?
Senior Member
Joined: Sep 2004
Posts: 1,095
From: Ft Wayne, IN
The dealer is no doubt shady and rude but if you are easily ripped off any dealer will take advantage, maybe not to that extent but still.
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