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Comments
But imagine the charachters youd get selling that yourself!
Bill
Of course, if his income is as measly as mine, it won't make any difference to his bottom line as he won't have enough income to write it off from.
Thanks to everybody for your time and attention!
It's tough to put a hard number on that car..
The donation route was an idea... who knows, right?
Good luck, and may I make a suggestion...
WHy not try and find a used 2000 or wait for a used 2001 Grand Caravan? That's one of the vehicles where you can save thousands buy buying a 6-mo old one...
Just my 2c...
Bill
Bill, right on about the used GC. When i was shopping for a minivan i tried to get a chrysler dealer to buy me a year old town and country for around 18.5 plus 1000. They're close to 30k new!
Bill, what do you think about that clown who offered me 10.5 for my 95 Z28 and then backed out. Have you seen that happen in any of the stores you've worked at?
Yeah, the only way to buy one of those is to go used. They lose close to 40% Their first year!
Remember, unless there's promotional financing going on, almost all banks give 1-yr old used the same rates as new cars.
So.. maybe for peace of mine ya have to spend $900 or whatever on an ext warranty (Im prolly high there) you should still be at least $5,000 ahead of the game!
That's like a Free Rolex!
As far as the Camaro goes.. Who knows? I've never run into that myself, but it's very possible that what happened was that the UC Manager or GSM/GM decided that he didnt really want it that bad!
What I'd do is to find a store that deals in cars like that... it shouldnt be too hard to sell!
Personally, I have nobody local to you who could use it, (Or anyone I deal with for that matter) but I'd try using eBay to sell it. do it at $11,500 No Reserve no nothing.. but then you do have to deal with retail buyers... Selling wholesale is just sooo much easier!
Bill
This guy just didn't have a clue. He was paying all the money (nada tradein) and his boss ripped him. That's just mickey mouse business. We had a deal! I don't think it's stupid money on a low mile Z this time of year, but, it's the SW man! They love their trucks! I hate that about this place. It's tough to peddle sportscars here. I keep thinking i ought to get it out to the east coast! ebay is an option but since it's been painted i'm hedging. It seems they don't pay good money unless the vehicle is flawless to feed the frenzy
Great advice on the GC again. I sure hope people are paying attention here. WHat you said is what i discovered last year when i was shopping for them. BTW, i decided against the DC vans due to the rampant tranny woes.
Thanks for your help. Good luck with the new job!
I deceided to pass on the 2000s since I felt the upgrades to the 2001 (greatly improved headlights, iicreased horsepower and torque, and stiffer structure) were worth the wait sand extra expense. I haul a bit of weight in my business, and the beffed-up innards will come in very handy. Waiting for a lightly used 2001 is something I must cogittae on thoroughly, but when I buy a new car I want a NEW car, if you catch my drift.
Another thing: since I'm likely to keep this van at least ten years, the massive depreciation becomes much less of an issue, at least in my view. Am I off-base with that?
Plus, I have my doubts about the old bus lasting 6 more months! :-)
:-)
Anyway, a 1 yr old town and country i feel is the best minivan buy if you like DC products. I would have gone that route (1 year old with around 20k miles) for around 20k instead of my silo for 25 but i couldn't convince myself i wouldn't regret it later with the notorious DC van tranny problems. but, otherwise, i think the the t&c is the better buy! Anyway, good luck!
Great service you're providing here. Got one for you. My sister's got a '93 Ford Thunderbird, LX. All options, plus powered moonroof (Dealer installed when she bought it.) 3.8V6. Auto. Trans replaced/rebuilt this year. Mileage is about 95,000. Color is Silver, interior gray leather. Overall very good condition. Drivers seat has some wear. She has service records, all service done at Ford dealer. (Sunset Ford)
What's it worth as a trade and as a private sale? (This is in Huntington Beach, CA)
It's the right color too!
Bill
I'm glad that I can help! However, I'll be out of town for about a week or so, so please post, but it'll be a little while befoire I can get to ya...
Bill
Well forget cars, how about computers?....I dont see HP jumping up to help me buy a new computer...lets see $2500 6 months ago, open market value now is $300. if i find a "sucker" mmmmmmm. even GM diesels and Audi 5000's never depreciated like that.
Rich
-Chris
as far as charitable donations go, i've got an old 84 seville that's about to get donated, and i looked at it a couple ways.
#1) i don't want to deal with the agg of even attempting to sell it.
#2) fortunately, i can use the write-off.
#3) even if i couldn't do #2, giving makes me feel good. even if the charity doesn't get every penny from the sale of the car, they are getting something from it.
as far as worrying about the irs (to whomever brought the irs up), well, feel free to lose sleep over it, but generally speaking, if you don't cheat, you don't have anything to worry about. anyone want to take a guess at the percentage of returns that are audited every year for AGI's less than 250K?
-Chris
As for your question, Chris, I would guess that less than 1% of those making under $250k are ever audited and about 40-50% of those making over $250k get audited.
-Chris
Finally, the service often costs more than the hardware for high end systems, so it is often cheaper to upgrade than to purchase the additional support needed to cover the older (2 years old) hardware.
Now, I work on the service side of the house, but we are concerned with "protecting" your investment. We have systems that have parts that you can move to a larger model. For example, if you buy a 3x00 series machine and later need a larger 6x00 series machine, most of your 3x00 parts will work in the larger machine, so you don't need to purchase all of the parts, basically you just need the larger box and you can put your existing system boards in that new, larger box.
So, there are some of us in the computer biz that are worried about protecting your investement.
Then there is the intel/ms folks...
I can see your point, but I don't think the car/computer comparison is exactly fair. Automotive technology is not advancing at quite the same pace as computer technology. Let's face it, cars are not getting twice as fast, efficient, or safe every 18 months. About every 18 months, the speed and capacity of computing hardware doubles, and often at a lower price point than the hardware it replaces.
Let's see cars double in capability every 18 months and cost less and we have an apples to apples comparison.
Cheers,
TB
That'll TEACH 'EM!
Wouldn't you rather have control over who TRULY benefits?
see??? GOOD things can happen when you get audited... just not very often!
-Chris
-Chris
I'm not saying that any of this applies to your car or your charity, but people need to do their research and gather their documentation up front.
And blackcurrant does paint a rather sad picture of what happens at the bottom end of the market.
I suppose you give to the united way.
Giving CAN be personal, you know!
Don't be jaded by your penance with the sleazebags at the wholesaler - if you are honest about it, everybody wins. You get the write-off, the charity gets their donation, the wholesaler gets their profit, and the eventual buyer gets basic transportation.
That's all i have to say about this. Take care.
Oh yes, I do believe what goes on at your auction. And I'm sure your buddies there have no problem foisting a lemon on some unfortunate soul who can't afford it (caveat emptor, but that's a whole different discussion).
But any car I have that I wouldn't have a problem giving or selling to a friend, I also would have no problem donating to charity. If the car DOESN'T run, it goes to the junkyard.
It sounds like your time at the wholesaler tainted your world view.
Cheers...
if the person donating the car knows the cars problems and is aware that the car will end up eventually on "Lucky's buy here pay here lot" that makes the person making the donation an accossory, as is the charity. not saying the person a crook or thief just an accessory...
Rich
The way that you need to look at it is that it's an older, high mileage vehicle with rust, and with a lot of "toys" that can begin to act up.
I really hate to say it, but the car hits me below where the guides say.. Im pegging it at about $2800-3200.
If you can get close to KBB on a "real" deal, then you're doing quite well. Remember, very high mileage smacks a car a lot harder than the guides generally say.
Bill
Bill
'97 Toyota Tacoma XCab 4X4 SR5
auto
37,590 miles
power pkg.
cruise
am/fm/cass.
premium sound
tachometer
bedliner
alloys
bucket seats
sliding rear window
sunroof
Toyota certified
What I'd like to know is 1)What do you think is the trade-in value for this vehicle (I've already checked KBB, NADA, and Edmund's), 2)How much was this Toyota dealership likely to have paid for it at auction (it is a former leased truck), and 3)How much (if any) does the Toyota certification add to the value of the truck? I've read elsewhere in Edmund's that it costs a dealership about $299 to have a vehicle take part in a manufacturer certification program.
This site is a wonderful service and great help to buyers! Thank you for your consideration.
Glad to help
Bill
34K miles
Good to very good condition
Chicago area
In-dash CD, engine block heat, cloth seats, touring tires
Thanks in advance -- great topic!!
I EMAILED BUT NO RESPONSE FOR THIS ONE.
97 TOYOTA RAV 4, 4DR, 4X4,AUTO, ALL POWER,A/C, CRUISE, TILT, SEQUOIA METALLIC GREEN,ENKEI MAGS, TINTED WINDOWS, HARD COVER ON SPARE TIRE,SPLASHGUARDS,ROOF RACK,ARMREST CONSOLE, REMOTE KEYLESS ENTRY WITH ANTI-THEFT SYSTEM,EXT. POWER MIRRORS,FLOOR MATS, PINSTRIPE,HOOD BUG SHIELD AND WINDOW DEFLECTORS, ALL MAINTENANCE RECORD,NON SMOKER, GARAGE KEPT.
I LIVE IN MELBOURNE BEACH, FLORIDA AREA.
27,000 MILES, EXCELLENT CONDITION. WANT TO TRADE IN ON A 2001 FORD EXPLORER SPORT. PLEASE GIVE TRADE-IN ESTIMATE IN YOUR OPINION.
THANKYOU,
TRONSR
I FORGOT YOU WERE GOING TO ORLANDO. THAT'S 72 MILES FROM MY HOME. HOPE YOU ENJOYED SAME.WILL LOOK FOR YOUR REPLY TO MY INQUIRY #103IN THE NEAR FUTURE. THIS IS A GREAT SUBJECT AND I KNOW IT WILL KEEP YOU BUSY BESIDES SELLING JAGS.
TRONSR
It all depends really! But like I said earlier.. with an idea of what they have in it, you could use that to your advantage I suppose, but dont expect them to do anything like $500 over cost. Bear in mind that dealers generally make a profit on their used cars. Like I mentioned earlier, at 3% Over invoice, the dealer is not really netting a profit on a new car.
But I'd say that at anything under $20K is a very good deal... So if they're at $19,900 now.., anything below that is really very fair!
Bill
I'm baaaaack! And Im getting settled in Orlando, which beats the hell outta St. Louis!
Anyways, I did some checking on this car.. Blackcurrant may be a little low, but unfortunately, Luminas are very very common on the market. The color is neither good nor bad, condition helps, and the mileage is low, but it's still a 97 Lumina LS ant there's thousands of them running throiugh the auctions.
Even so, I still think that the car is worth closer to $8,500 or so real money. That's if it's nice. Again, this is what I can go and buy them for at the sales.
This is also why I always suggest that if you're buying a domestic sedan, that it makes a lot of sense to buy one that's a "program car"!
Bill