Why is our trade in value so $#!TTY
#11
Great Value
I just ran my 06 2LT with auto trans and abs thru Edmunds and NADA rather than Kelly Blue and am rather impressed. Part of what you may be feeling is that the dealers are not going to give you retail for your car only wholesale. The difference there is 1500-2000 unfortunately. Used cars are where the dealers are making their money as they can buy cheap and sell higher. So what I paid for my car last year versus what the dealer is selling them for this year is what I go by.
They are an inexpensive car that is fun to drive and can carry a lot of different things, but like others have posted the lower end vehicles seem to depreciate alot faster in the first year.
They are an inexpensive car that is fun to drive and can carry a lot of different things, but like others have posted the lower end vehicles seem to depreciate alot faster in the first year.
#12
I've seen a lot of HHRs on used car lots and they don't last long. Based on the number of people on this site who have purchased used ones, I think we're incorrect to assume they're not selling well. Probably the worst problem is that there are still brand new '06s available. These have to be drastically reduced so dealers can't offer more for a used '06 as a trade in. However, if Chevy would consider advertising the HHR a little more, they might sell out. Too bad all they're advertising is the latest models of their gas hogs!
#13
Also don't forget to factor in that the HHR is a HUGE rental item....what I mean is that rental car companies flood the used car market with Impalas, HHR's, Focuses etc when they turn over their inventory
Goose
Goose
#14
By the time you drive it off the lot it drops immediately. Cars are a long term investment which you never get out what you have in them unless it's a classic and you bought it new and have only had to do regular maintance(ie: no restoration). I just don't understand people who trade in cars and have negative equity and think they got a good deal on their replacement. they are paying for the old car they don't have anymore and the new car they just got. Then if they trade again real quickly it compounds even more.
#15
This subject just keeps going around here. Did you buy your HHR as a short term investment?
If so you have made a mistake.
If you bought it because you like it and it fits your needs while getting decent gas mileage, it is fun to drive and doesn't look like every other japanese econobox on the road you made a great decision.
Car's are terrible investments!
If so you have made a mistake.
If you bought it because you like it and it fits your needs while getting decent gas mileage, it is fun to drive and doesn't look like every other japanese econobox on the road you made a great decision.
Car's are terrible investments!
Delivery by weeks end of an 07 Silver/Grey interior.
#17
NEVER use Kelly Blue Book for trade value if you can avoid it. When offering to trade your car in, tell them you'll trade retail-to-retail, that is, retail book value for your trade and MSRP for the new one. BUT, always insist on NADA retail for your car, NOT Kelly, Edmunds, or Black Book. They are dealers, and the book value you're demanding with NADA is National Auto Dealers Association, so it makes it harder for them to shoot it down. They will try, but stick to your guns and walk away if they balk. They'll be in touch with "new numbers" the next day or thereafter. If they aren't, they don't want your business bad enough-- go somewhere else.
#18
I was initially offered 8300 for my 05 Matrix...KBB value. Actually that was a little more than KBB...I wanted 10k and they almost not quite laughed me out but close too it...ok bye bye....couple days later I get an email from the salesman asking if we had a deal...my turn to laugh........10k and we have a deal. He came back with 8700 absolute best..to make the story shorter he came back with 9K and 9300 as absolute final offers...when he said ok I got you your 10K we had a deal. Took only a couple of hours but I was able to save 1700 I would have had to pay out if I just said ok...which a lot will do just to get out of their current car. Crafty gave me some great tips to help me stick to my guns
If they want to sell a car bad enough they will find a way
Goose
If they want to sell a car bad enough they will find a way
Goose
#20
Goose and others are right on the rental fleet, Here in central FL. with all the major rental cars, the auctions have a lot of HHR going through the lines. There are HHR's {all x rentals} in alot of lots here in greater orlando.