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Old 04-19-2012, 10:53 PM   #1
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Do dealers buy used cars for cash?

Looking to sell my 2010 SES Coupe 5-Speed because I'm getting out of the military and I wanna get rid of one of my car payments. I've listed on craigslist,FF and Facebook but in the event nobody buys can I take my car to the local ford dealer and get a cash offer? Do they do trade ins for lower value cars? I would trade my 2010 in for a older car if they gave me the difference in cash so I could pay off my loan.

My KBB is telling me 15,078 for "excellent" condition which I think my car is. It only has 7,900 miles and has been garage kept mostly and I clean the interior quite a bit. I'm currently advertising for 13,995 does this sound like a reasonable price to you?

last question I have a professionally installed after market sub installed, would that hurt or help my trade in value at a dealership?

Thanks in advance for any replies.


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Old 04-19-2012, 11:04 PM   #2
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They might, but if they do it will be for less than a trade on a new car. Do you have a Carmax near you? They will buy a car outright from you for the same price they'll give you if you were trading it in. It probably won't be KBB for a trade but it might be worth it to get out of it. I think your price is reasonable though. My 2011 SES sedan w/ 27k on it was a little more than that, and it was already marked down before the dealer gave me a really good deal on my trade.
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Old 04-19-2012, 11:23 PM   #3
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Nearest carmax is roughly 3 hours away all interstate though. I haven't considered them but possibly would. I wish they would give a ROUGH idea of what will be offered on there site. I'm not gonna sell it for like 12k, I'd rather just keep it at that point.
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Old 04-20-2012, 06:24 AM   #4
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When Carmax gives you an offer, it is good for a week. So you could drive there, and get the quote anytime. Then you would have a week to arrange a ride home and then sell your car to them.
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Old 04-20-2012, 07:01 AM   #5
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My buddy just returned his Volvo. I think he lost 5k in the deal
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Old 04-20-2012, 07:27 AM   #6
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Dealers definitely will buy used cars from you. Sold my Dad's Corolla (years ago) to a Chevy dealer, after listing it different places and not getting any bites. Just make sure you get what you're looking for out of the deal. Carmax is a good option also, but there is no dickering with them...
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