Just traded my T for a F150
#1
Just traded my T for a F150
The end of the line for me and my T. Just traded it in on a new F150. I hope when/if the rest of you T owners trade/sell your T that you have better luck than I did. Mine was a 2010 base model with 56300 miles. What I would call average shape for 5 years old. Their original offer was 18,000 when it KBB/NADA'd at around 23000. I started to get up and leave. They said to relax. that they had to start somewhere and that they had no clue what to give for it as it's very rare, and they've never even seen one. They called other dealers and did some homework. They called me back the next morning and offered 21000. We settled on 22000 after I took it to CarMax for an appraisal and was offered 22000. From what the Cadillac dealer(former hummer dealer) and the Ford dealer told me that their sources were saying...Banks aren't financing Hummers anymore due to not being made and parts becoming unavailable. Therefore any buyers need to have full cash in hand to purchase. That sealed the deal for me. How long was it going to retain value, and how hard would it be to get rid of in the future due to banks not financing them? I enjoyed it while I had it, but now it's the dealers problem to find a buyer and not mine to worry about!!! I'm not recommending anyone get rid of theirs by any means, just offering something to think about. If anyone is out there that is interested in one. Mine is currently at Fox Valley Ford in North Aurora, Illinois. Aurora, IL 2010 HUMMER H3T | Serving Yorkville, IL & St. Charles, IL | T8708A | 5GNRNGEE4A8121638
#3
What a load of crap. They gave you a fair price for a base 3.7. The rest is just typical used sales fluff.
Banks do not care about who makes the vehicle, they care about what it is worth and how much they will make off you as a customer. I imagine the sales department had a great time making money off you.
Banks do not care about who makes the vehicle, they care about what it is worth and how much they will make off you as a customer. I imagine the sales department had a great time making money off you.
#4
The end of the line for me and my T. Just traded it in on a new F150. I hope when/if the rest of you T owners trade/sell your T that you have better luck than I did. Mine was a 2010 base model with 56300 miles. What I would call average shape for 5 years old. Their original offer was 18,000 when it KBB/NADA'd at around 23000. I started to get up and leave. They said to relax. that they had to start somewhere and that they had no clue what to give for it as it's very rare, and they've never even seen one. They called other dealers and did some homework. They called me back the next morning and offered 21000. We settled on 22000 after I took it to CarMax for an appraisal and was offered 22000. From what the Cadillac dealer(former hummer dealer) and the Ford dealer told me that their sources were saying...Banks aren't financing Hummers anymore due to not being made and parts becoming unavailable. Therefore any buyers need to have full cash in hand to purchase. That sealed the deal for me. How long was it going to retain value, and how hard would it be to get rid of in the future due to banks not financing them? I enjoyed it while I had it, but now it's the dealers problem to find a buyer and not mine to worry about!!! I'm not recommending anyone get rid of theirs by any means, just offering something to think about. If anyone is out there that is interested in one. Mine is currently at Fox Valley Ford in North Aurora, Illinois. Aurora, IL 2010 HUMMER H3T | Serving Yorkville, IL & St. Charles, IL | T8708A | 5GNRNGEE4A8121638
Enjoy your truck
Last edited by H3Ray; 08-30-2015 at 08:21 PM.
#6
When banks finance something they look at the credit worthiness of the borrower and sources of repayment. The asset being financed is the last thing they look at because they don't want it, they want to be paid. If you have good credit you will get your loan. They don't make 67 Corvettes of 430 Ferraris anymore both you can get a loan to buy them most anywhere. You got sold a line of crap to pressure you to make a deal. Hopefully you are happy with your new truck but it will be worth less than your T in a year or so and the T will hold its value from here on out.
As usual troll Ray is cheerleading the wrong direction.
As usual troll Ray is cheerleading the wrong direction.
#8
BS or not. I didn't want to find out the hard way. I needed something with more interior room that doesn't send the front seat into the dashboard the second I added a child seat to the backseat. Which left me with going full size. I wasn't all that happy with the 3.7. It was underpowered and couldn't get out of it's own way. In the 5 years I had it, I put 3 batteries in it. GM couldn't find anything wrong with it. Original tires were gone at 35000. I felt 22k was pretty fair. They won't do a deal unless they make money off of a trade anyway. I'm happy with the 150. More room, more power, more cargo space, and you can get accessories without hunting online, ordering them, to get an email back saying it's been discontinued.
#9
When banks finance something they look at the credit worthiness of the borrower and sources of repayment. The asset being financed is the last thing they look at because they don't want it, they want to be paid. If you have good credit you will get your loan. They don't make 67 Corvettes of 430 Ferraris anymore both you can get a loan to buy them most anywhere. You got sold a line of crap to pressure you to make a deal. Hopefully you are happy with your new truck but it will be worth less than your T in a year or so and the T will hold its value from here on out.
As usual troll Ray is cheerleading the wrong direction.
As usual troll Ray is cheerleading the wrong direction.