I'm in CT, 06810 and I'd like to sell my Pontiac Bonneville, but at a dealer I got a half the car is worth....

Question

The car drives smooth, power everything+remote key&trunk+ alarm and the inspection is due at the end of May 2007 !
It was Inspected in PA(so I think you know that the PA State Inspection is very severe!!!) it has NO RUST!!! It has even less than 70K, around 69 800, but I put 70K as I'll still drive it before sell it as I'm confident to drive it anywhere! It's a SE which is way better on gas than SSE or SSEI and also has plenty of power !! Retail price on Kelly Blue Book is over $4000 and on Nada it goes up to $5200 and you can go on the following link: http://www.nadaguides.com/default.aspx?LI=7923-21-1-5014-660-634-50306&l=7923&w=21&p=1&f=5014&m=1143&d=912&y=1995&c=16&mi=69900&vi=12973&da=-1&nx=1)
I went to a dealer in here, Danbury CT, but I got not even a half what the car is wort; now, I know that I won't get the price from KBB or Nada, but not also what that dealer said, for a car in such a good condition, inspected and with only 70K!!!
Any idea?
Thanks

Answer 1

I see this a lot. How are the tires, paint, body, glass, etc.? The dealer is looking at the things that he will have to repair / replace in order to make the vehicle saleable, as well as the current market conditions. As another poster commented, in order to stay in business the dealer needs to make a profit on your trade, and some of the costs involved include any necessary repairs and offering a warranty.

The main problem here may not even be your trade, it may be the new margins for a new car have shrunk in the last year, and trades aren't worth as much as they once were. We used to be able to show you more in the deal because there was some margin to work with - it is now gone, for the most part. And we're hurting people's feelings every day in showing what their car is really worth, Kelly and NADA guides notwithstanding.

Answer 2

Depends upon the price you looked at on kbb or nada..

Most look at the retail price of a dealer or individual selling it outright or if you sold it private party... Look at the trade in value as KBB for that car in excellent shape only value it at $1600 and that's all the dealer is gonna want to give you for it.

To get the $4500-$5000 you are gonna have to clean it up and private sell it. Also some lenders are weary of loaning money on any car over 7 years old or 75,000 miles due to possible breakdowns

Also a dealer in conneticut won't know the inspection statues in PA. like you don't know what it takes to pass in Louisiana or Mississippi (which isn't much)

sorry for the bad news

Answer 3

And if you sold it you would drive by a used car lot and see it again for the price you wanted to get or more. Mark up thirty day warranty used car lot return policy all add costs to reseller. I made up ten photos wrote text and was ready to put ad. on E-Bay and someone came up and bought the1997 Pontiac GTP car. Pontiac Dealer offered $2,100 trade I got $4,700. Selling the car your self Keep it away from your house meet the buyer in a well lit area. Lots of bad people do bad things unless you have there keys and car do not allow others to drive your car with out you.

Answer 4

Try advertising it in the classified adds