I'm afraid to ask, trade in on my 06 GTO? - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

IConnection · 03-12-2010, 11:47 PM

Wonder what they'll give me on a 30K 2006 GTO on trade + 2000 down on a 2010 Camaro....Here's the tricky part---->I owe 16,000 on my GTO

wbt · 03-12-2010, 11:52 PM

You will likely take a 2K hit on trade so putting 2K down will offset and negate anything against the price of the Camaro.

If you sell private party you will break even on the GTO and then have the 2K to put towards the new ride.

Riderover40 · 03-13-2010, 12:10 AM

Quote:

Originally Posted by InjectionConnection

Wonder what they'll give me on a 30K 2006 GTO on trade + 2000 down on a 2010 Camaro....Here's the tricky part---->I own 16,000 on my GTO

Well, firstly the chally did not hold value lately...second, the camaro is holding value close to MSRP, thirdly, you need a magician, a wizard, or a financer with a trick up their sleeve !! lol

IConnection · 03-14-2010, 03:17 AM

I'm waiting on the Z,by then my GTO will almost be paid in full
Then I'll sell it outright and by the Z....

HeldonSS · 03-16-2010, 06:53 PM

I'm waiting on the Z,by then my GTO will almost be paid in full

by then.....you might be able to have an SS paid for also....
just a thought......

2010 SSRS · 03-16-2010, 06:57 PM

sell it first, they never give even close to what the cars are worth.

Jiu Jitsu Jon · 03-17-2010, 04:11 AM

Sell it yourself. They will probably only give you 12K if you trade it in, leaving you to eat the difference owed. Oh and Blue Book is a joke - it's what they want to buy it from you for. Then they'll turn around and sell it to someone else for 18K.

IConnection · 03-17-2010, 09:47 PM

If I jump ship I will sell it privately

BlownSS · 03-17-2010, 09:51 PM

just something to consider, If you trade it in, you may get a tax break if your state only charges sales tax on the "after trade" amount. This may make the difference between selling it yourself and trading it a negligable cost.

Zeroto60 · 03-18-2010, 02:18 PM

I got 17K for my really nice Spice Red '06 GTO w/29,767 miles trade-in 3 weeks ago. Paid $2133, less than MSRP for my Camaro.

Dealer sat my GTO on the lot with a $19,995 price tag. I figure they will get 18.5K.

01pewterz28 · 03-18-2010, 02:22 PM

I figure 15k-17k for the GTO in good to excellent condition.

Sean

BackinBlackSS/RS · 03-18-2010, 02:25 PM

Quote:

Originally Posted by Jiu Jitsu Jon

Oh and Blue Book is a joke - it's what they want to buy it from you for. Then they'll turn around and sell it to someone else for 18K.

It's only a joke if you allow them to do that. I use NADA/KBB to get my trade in values. If the dealer is not giving me that price or close then it's no deal. It's as simple as that.

*The_Blur* · 03-18-2010, 02:31 PM

I know a guy that can run the Black Book value for you if you send me the VIN. That's usually what dealers use to price cars. Honestly, you're going to get more for it privately, but you're also going to take longer to sell it. How much is your time worth?

IConnection · 03-18-2010, 11:48 PM

I honestly think they would give me 16K which is what I owe
Then I would get 1280 tax break which is like getting 17200 for the car

Still I think I'm waiting on the Z
Only way I would jump ship now is 0 for 60 months

03-12-2010, 11:47 PM	#1
IConnection Drives: 2010 Camaro SS Join Date: Oct 2009 Location: Horsham,Pa. Posts: 221	I'm afraid to ask, trade in on my 06 GTO? Wonder what they'll give me on a 30K 2006 GTO on trade + 2000 down on a 2010 Camaro....Here's the tricky part---->I owe 16,000 on my GTO Last edited by IConnection; 03-14-2010 at 03:18 AM.

03-16-2010, 06:53 PM	#5
HeldonSS #15519 Drives: GM all the way! Join Date: Jul 2008 Location: Chaffee, MO Posts: 247	I'm waiting on the Z,by then my GTO will almost be paid in full by then.....you might be able to have an SS paid for also.... just a thought...... __________________ 2012 Camaro 45th ann. SS conv. 6spd 2010 Camaro SS-LS3 #15519-SOLD 2002 Camaro 35th ann. SS-6spd 1997 Camaro 30th ann. Z conv. 1968 Camaro RS/SS 396/375 HP Super Chevy R/u 1967 Camaro RS conv. 5.7 Vortec 1967 Chevy II Super Chevy Winner 1970 GMC Sierra Grande 1 Prior owner 1972 C-10 454, 2-4's Super Chevy Winner-SOLD 1990 454 SS 26,000 miles Super Chevy Winner 1991 GMC Syclone #170 of 2998 2003 Silverado SS-SOLD 2015 Chevy Suburban 2009 Silverado 2500 HD 2008 Corvette conv.

03-16-2010, 06:57 PM	#6
2010 SSRS Drives: 3 V8 Camaros Join Date: May 2009 Location: The Ocean State Posts: 111,187 View My Garage	sell it first, they never give even close to what the cars are worth. __________________ Jannetty Racing JRE Street Package

03-17-2010, 04:11 AM	#7
Jiu Jitsu Jon East bound and down Drives: 2005 Cyclone Grey GTO (M6) Join Date: Apr 2008 Location: Springfield, MO Posts: 406	Sell it yourself. They will probably only give you 12K if you trade it in, leaving you to eat the difference owed. Oh and Blue Book is a joke - it's what they want to buy it from you for. Then they'll turn around and sell it to someone else for 18K. __________________ BITCHIN' CAMARO, BITCHIN' CAMARO!

03-17-2010, 09:51 PM	#9
BlownSS Drives: 2010 Camaro SS/RS Join Date: Oct 2009 Location: Lincoln Nebraska Posts: 1,754	just something to consider, If you trade it in, you may get a tax break if your state only charges sales tax on the "after trade" amount. This may make the difference between selling it yourself and trading it a negligable cost. __________________ 2010 IOM SS/RS LS3, Hennessey HPE550 Polished Magnuson TVS2300 Supercharger. 3.4 Pulley. Kooks long tube headers / high flow cats. GHL Full exhaust. ZL1 Fuel Pump/ADM FPCM. MSW Bap. JRE ZL1 Race cam with new springs/pushrods/Trunion Upgrade. FIC 850cc injectors. ZR1 Map sensor. CAI Induction. JRE Tune.

03-12-2010, 11:52 PM	#2
wbt Account Suspended Drives: 2010 Challenger R/T;2011 Mustang GT Join Date: Jan 2010 Location: Texas Posts: 2,105	You will likely take a 2K hit on trade so putting 2K down will offset and negate anything against the price of the Camaro. If you sell private party you will break even on the GTO and then have the 2K to put towards the new ride.

03-14-2010, 03:17 AM	#4
IConnection Drives: 2010 Camaro SS Join Date: Oct 2009 Location: Horsham,Pa. Posts: 221	I'm waiting on the Z,by then my GTO will almost be paid in full Then I'll sell it outright and by the Z....

03-17-2010, 09:47 PM	#8
IConnection Drives: 2010 Camaro SS Join Date: Oct 2009 Location: Horsham,Pa. Posts: 221	If I jump ship I will sell it privately

03-18-2010, 02:18 PM	#10
Zeroto60 Drives: 2010 RJT SS/RS M6 Join Date: Feb 2010 Location: Austin, Texas Posts: 113 View My Garage	I got 17K for my really nice Spice Red '06 GTO w/29,767 miles trade-in 3 weeks ago. Paid $2133, less than MSRP for my Camaro. Dealer sat my GTO on the lot with a $19,995 price tag. I figure they will get 18.5K. __________________ ’10 SS/RS - RJT M6 - Ceramic Tint, Billet Bow ties, AAC Int/Trunk LEDs, SLP Blackwing, Corsa, Hawk HPS, Cags! '65 Malibu SS

03-18-2010, 02:22 PM	#11
01pewterz28 #TeamBeckyD Drives: 2017 HBM 2SS Convertible A8 Join Date: Aug 2008 Location: Apopka, FL Posts: 10,496 View My Garage	I figure 15k-17k for the GTO in good to excellent condition. Sean __________________ #TeamBeckyD FIFTY HBM 2SS VERT

03-18-2010, 02:31 PM	#13
The_Blur Moderator Drives: 2018 Harley-Davidson Street Bob Join Date: Nov 2007 Location: San Diego Posts: 14,769	I know a guy that can run the Black Book value for you if you send me the VIN. That's usually what dealers use to price cars. Honestly, you're going to get more for it privately, but you're also going to take longer to sell it. How much is your time worth? __________________ RDP Motorsport//GEN5DIY//Cultrag Performance//JPSS//Rodgets Chevrolet// Operation Demon//Buy at Invoice//RACECARWEAR RESPECT ALL CARS. LOVE YOUR OWN. warn 145:159 ban

03-18-2010, 11:48 PM	#14
IConnection Drives: 2010 Camaro SS Join Date: Oct 2009 Location: Horsham,Pa. Posts: 221	I honestly think they would give me 16K which is what I owe Then I would get 1280 tax break which is like getting 17200 for the car Still I think I'm waiting on the Z Only way I would jump ship now is 0 for 60 months

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