went to trade Hilux on a Prado - low trade-in

Ain't that the truth LOLOLOL

Dealer won't like the kms on it either.

Good advice shadow.

Not to mention cost of advertising it.

Took me 6 weeks and about $600 advertising to sell a Gen III Berlina Wagon that was a really nice looking car. I thought it would sell easily but I was wrong. Take the advertising costs off as well when you are doing these sort of calcs. The price of classified ads now is criminal.

Going throught this exercise at the moment for my sisters 96 Barina (Retailed about $14000 for it from memory - got it for less with employee discount though).

Dealer A $1500-2000 trade in on new Barina at $14,700 on road. 12,700 to 13,200 change over (Melb dealer)
Dealer B approx $3000 trade in on same new Barina at $13,690 on road. $10,690 change over. (Shep dealer)

Bloke offering the better trade in here also has the cheaper on road cost. Go figure. Rarely happens that way in my experience.

90% depreciation in 10 years. Bit sad really. The used car market is buggered these days. Maybe it's a reflection of the useful (expected) life span of new vehicles these days.

Dave

It's a reflection of 3 or4 years of record new car sales so the trade-ins are clogging up the used car yards.

Cheers

..........and dont forget about the stamp duty. Go with the lowest purchase price (all other things being equal), as that is what they base the stamp duty on.

If they offer you free extras (mats, protectors, fabric protection, etc), say nothing about them untill you are at the desk and tell them "no thanks, can you now take that cost (usually about $250) off the cost of the vehicle" and start the negotiations again. P**ses them off no end as that is a part of their "cream".

The dealers know all the tricks but I'II try selling private and then push them had on the sell price. I recon they have a fair bit of margin on the sell price that they can work with ... I just need to play them at their own game to get the best price possible - cheers Anthony

I'II give it a go selling private, a lot of the stuff is near new, the turbo, H/D clutch, H/D radiator but a but hard to sell seperate without creating other problems.

I wasn't expecting much for a trade but I was hoping for at least $10K.

I wasn't expecting to get heaps for an old hilux but I thought $10K would be fair, considering what it has in the way of add-ons. The turbo, H/D clutch, radiator are less then 18mths old.

I said that I would sign the paper for $40K change over, which is the top end of what was expecting to fork out. The best they did was $43K c/o. It don't sound much writing about it here but it's more than I had to play with. Cheers Anthony

Sorry to say this Anthony, but the clutch and radiator replacement are normal wear and tear items. They will add zero value to the trade-in.

The 18month old non-factory turbo will make many dealers hesitate to take the car on at all, and it will also not increase the value of the vehicle because they just look at the redbook or glass's value for the model and they can't look up a price with a turbo because it doesn't exist.

You haven't mentioned the length of rego left or how bald your tyres are, but if those items have little life left you will also be pushing to sell privately for the money you think it's worth.

It seems, as I said above, that you already have a pretty good price for it.

Try another dealer and see if you can get $41500 c/o to "split the difference" and save yourself from having the car pinched while a private buyer is test driving it.