A dealership called me about a truck I'm selling

[Skidmark]

yea that doesn't help but on the other hand extended cab fullsize trucks are disarable in Texas

Skid is really relying on KBB and NADA book values! Sometimes it doesn't work that way unless your a dealer even with private party values.

My asking price is about the average of the auction price and retail price. One would think the private party value would be some where in between that.

C'mon. What do you drive? Give me details.

[scootro]

Does their shitty trade in value have anything to do with gas prices being so high? I remember some of the crazy good deals Five Star had on used fullsize trucks and SUV's when gas was over $3.00 last time.

yea that doesn't help but on the other hand extended cab fullsize trucks are disarable in Texas

Skid is really relying on KBB and NADA book values! Sometimes it doesn't work that way unless your a dealer even with private party values.

[Skidmark]

Idiot!? Nope your just too blind to see it! Face it your not ready to sell the truck. You owe too much!

Even if the truck was paid off, why would I be selling it at an auction price?

Why would I be selling it far under private party blue book?

What do you drive? Year, make, model, options.

Lets crunch some numbers here.

[Skidmark]

Does their shitty trade in value have anything to do with gas prices being so high? I remember some of the crazy good deals Five Star had on used fullsize trucks and SUV's when gas was over $3.00 last time.

Carmax? The person who looked at the truck told me that their offerings are from within the last month's auction prices for vehicles that have sold. He said it can be broken down up to the color of the vehicle.

He said that currently V8 trucks aren't in such demand due to the higher gas prices and uncertainty of gas prices going further up.

[scootro]

If I owed 11500 and sold it for 10000, which is about 5000 under private party blue book, then i'd probably be an idiot.

Are you an idiot?

Carmax offered less than fair price on KBB and less than average trade in on NADA.

Why would I take less money than it is worth?

You're not too bright are you?

I took the truck to Carmax to get an idea on what the auction price was, since Kyle said he thought it would be 7500-8000.

Idiot!? Nope your just too blind to see it! Face it your not ready to sell the truck. You owe too much!

[jdgregory84]

If I owed 11500 and sold it for 10000, which is about 5000 under private party blue book, then i'd probably be an idiot.

Are you an idiot?

Carmax offered less than fair price on KBB and less than average trade in on NADA.

Why would I take less money than it is worth?

You're not too bright are you?

I took the truck to Carmax to get an idea on what the auction price was, since Kyle said he thought it would be 7500-8000.

Does their shitty trade in value have anything to do with gas prices being so high? I remember some of the crazy good deals Five Star had on used fullsize trucks and SUV's when gas was over $3.00 last time.

[Skidmark]

FOR EXAMPLE.......
if you owe $11.5k but could only sell it for $10k then that is what upside down means!

Carmax offered you a good price but you didn't take that deal, WHY?

If I owed 11500 and sold it for 10000, which is about 5000 under private party blue book, then i'd probably be an idiot.

Are you an idiot?

Carmax offered less than fair price on KBB and less than average trade in on NADA.

Why would I take less money than it is worth?

You're not too bright are you?

I took the truck to Carmax to get an idea on what the auction price was, since Kyle said he thought it would be 7500-8000.

[scootro]

I'm not sure why you're so curious as to what I owe?

Is this information that you think a seller would throw out there?

Even if I did owe 11500 like you said, how is that upside down?

Since Carmax offered 11500, that is auction price. You think owing auction price on a vehicle is upside down?

You're not too bright are you?

FOR EXAMPLE.......
if you owe $12k but could only sell it for 11.5k then that is what upside down means!

Carmax offered you a good price but you didn't take that deal, WHY?

[Skidmark]

come on you know your upside down on the truck! lets say you owe $11.5k

I'm not sure why you're so curious as to what I owe?

Is this information that you think a seller would throw out there?

Even if I did owe 11500 like you said, how is that upside down?

Since Carmax offered 11500, that is auction price. You think owing auction price on a vehicle is upside down?

You're not too bright are you?

[scootro]

i'm just saying your not ready to sell this truck

1. keep it another year or two and make some more payments and then sell it and maybe you'll make a small profit for your next vehicle you are wanting

2. sell it now and take a loss but hey you're financially free for your next car

[scootro]

What does what I owe matter? That is pretty irrelevant to my price. My price is based off NADA and KBB.

come on you know your upside down on the truck! lets say you owe $11.5k

[Skidmark]

How much do you still owe on the truck?

What does what I owe matter? That is pretty irrelevant to my price. My price is based off NADA and KBB.

[scootro]

and the upgrades have been removed, other than the alarm and remote start.

Carmax - Auction price - 11500
KBB - Private Party - Excellent 15550, Good 14700, Fair 13350
NADA - Private Party - Retail 16725, Clean trade 13500, Average trade 12350

Still not sure where my price is too high?

How much do you still owe on the truck?

[Skidmark]

Everyone told you just because you have upgrades doesn't necessary increase the value of the truck! How much do you still owe on the truck?

Sorry to bust your balls but its good to hear other peoples opinions. Because selling a vehicle is frustrating just like owning a business! Sometimes you get ahead$$$ other times you get your throat cut. Live an learn...

and the upgrades have been removed, other than the alarm and remote start.

Carmax - Auction price - 11500
KBB - Private Party - Excellent 15550, Good 14700, Fair 13350
NADA - Private Party - Retail 16725, Clean trade 13500, Average trade 12350

Still not sure where my price is too high?

[scootro]

The reason the truck has been listed so long is that I had the aftermarket stereo in at a different price and there wasn't much interest. Decided to remove the stereo and part it out, then sell the truck.

I'm not where near upside down on this truck. I don't make idiotic financial moves.

Everyone told you just because you have upgrades doesn't necessary increase the value of the truck! How much do you still owe on the truck?

Sorry to bust your balls but its good to hear other peoples opinions. Because selling a vehicle is frustrating just like owning a business! Sometimes you get ahead$$$ other times you get your throat cut. Live an learn...