: 04 to 07 trade.
04-17-2007, 09:14 PM
So i get an advertisement in the mail today from my dealer say they want my focus. Brief description: they say since gas prices are high they want more used foci in there lot and want me to trade in and buy a new one. In either case if I were to trade in my 04 for an 07 (trade in would be probablly 14k), could i just be able to do an even exchange for an 07 in the same range and keep paying what I have left to pay for my 04 or would it cost me more.
04-17-2007, 09:53 PM
I heard dealerships are having problems moving their new cars cuz everyone would rather save a lil money and get a used car. IDk what i heard. Their gain ur gain kinda thing lol. sounds good.
04-17-2007, 09:55 PM
14k for a trade-in?
04-17-2007, 09:55 PM
i doubt the trade in would be 14K seeing as most of the focus were only like 13-15K brand new.
04-17-2007, 09:59 PM
idk exact estimate just a guess. Although I may have guessed high
04-17-2007, 10:00 PM
04-17-2007, 10:17 PM
meh id say from 6-7k youll get for trade in and they will sell it for about 9-10k
04-17-2007, 10:28 PM
I only got $5,500 for my focus when I traded it in.
04-17-2007, 10:31 PM
It's just a marketing gimmick to get you to come in and buy a new car.
04-17-2007, 10:32 PM
That's a classic come on. Basically the dealer's have a marketing company who gets your demographic info from either the service department or the DMV. Those letters mean nothing, I used to get them all the time when I had my 02.
It's a confidence trick. Five bucks says the letter came with a "bulk mail" postmark. If the sales manager called you up after you offered your car to the dealer however ...
Considering the fact that in 04, even the bottom feeder zx3 retailed for $13k before rebates, it's highly doubtful that, three years later you'll see even 60% of the original purchase price. Expect a trade in offer of $5-6k tops. The dealers need to make that money, and since Ford's hurting in sales - the dealer is likely seeing a hit in sales as well.
04-18-2007, 01:40 AM
yeah i went to try and get a truck and they said for my foci 06 zx3 se tint all the way carbon dash dvd player rims muffler they were only going to give me 10k when they told me that i walked out funny thing was they had the same year used with more miles than mine and no power package for 19k i told them it was bull shit
04-18-2007, 01:40 AM
if you could get that deal for 14k id take it
04-18-2007, 05:04 PM
they will take ure car and u will end up paying alittle more,,but its probably a good deal if ure focus is paid for,,watch for all the hidden shit.,,,they got me good,,went from 11k on sticker to 16500 out the door,,,,,
04-19-2007, 12:06 AM
haha when i got my car estimated they told me 10K... i laughed in their faces. I bought the car for almost 19K brand new in 2006 (february of 06) and have added intake, exhaust, rims, minor things here and there... over 3K into the car.... haha and in a year im getting quoted 10K... gimme a break.
04-19-2007, 02:11 AM
When the Honda Fit first came out I went to the dealer and they told me they would give me $7K for my car as that's what he could get one for at auction. This was when the car was barely a year old (2005 SE) with about 9K miles on it.
04-19-2007, 02:20 AM
Well .. we all knew about the low resale value for Ford vehicles before we bought our Foci's, no? Best bet is to drive your car for as long as you can and not trade in.
04-19-2007, 03:00 AM
The hard truth is as soon as you drive off the lot with temporary tags and the title is on its way to the bank, the car's value drops by about $3,000. You could literally buy a brand new car with cash and drive it to a dealership one mile down the road and they'd probably offer you $3,000-4,000 less than you just paid for it an hour ago.
04-19-2007, 12:02 PM
I bought my car last year. After rebates and incentives it cost $12,263. (Tax and title not included).
I did a bluebook search on it. The results? 10k trade-in value, $12,900 dealer price.
So my car is worth more than it was when I bought it, but not as a trade-in.
When dealers take trade-ins they try to make a profit. What they offer you for it will be a few thousand less than they will sell it for.
Where you live can also effect your trade-in value. Certain vehicles are in higher demand in different regions of the country.