RE: Good time for a trade?

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RE: Good time for a trade? - 6/21/2008 8:17:29 PM   
White08H3


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Values are pretty good in CT. I know a couple dealers who are offering decent numbers on trades. A lot are also offering good customer loyalty as well as other discounts that you can get. It really depends on who is still having good profits and those who are still slow.

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RE: Good time for a trade? - 6/21/2008 10:28:53 PM   
josh1899


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I went to carmax by my house to get an appraisal, just to see where I stand (08 Alpha w/ 4800 miles), and they came back with $22,000!! They didn''t even drive it. Said the market for V8 SUV''s is affected by current market conditions. They got an e-mail from their corporate offices that they showed me that said they may have to stop taking in large SUV''s for now. Pissed, I went to the Jeep dealership, and acted like I was interested in a , and told them to appraise my trade, and they came back with 26,500. Tough market right now. Oh well, good thing I LOVE my truck!

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2008 Hummer H3 Alpha. Graphite Metallic/Light Cashmere. Power Sunroof, Draw-tite Hitch, Window Tint, Weathertech mats, All Royal Purple fluids, Underbody Protection, 33" Firestone Destination MT's, Cognitos, Rocky Road Sliders.

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RE: Good time for a trade? - 6/22/2008 12:02:01 AM   
alphadogg

 

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Just for kicks and giggles I went to several dealers to check out vehicles and to see what my 08’ Alpha (w/5000 miles) was worth. First stop was the Dodge dealer because they had the $2.99/gal. gas for 3 years offer. I looked at a $40k pickup and the best they could do was $20k for my Alpha. I actually told them they were crazy and left.

Next stop was a Chevy dealer where I looked at a Silverado pickup that listed for $41k and they offered my $25k for the Alpha. But with the GMS discount and cash incentives the cost of the truck was down to $32k. That’s a $9000 discount.
 
The Hummer dealer is offering an 08’ Alpha for $42,495 but after GMS discount it’s down to $38,141 plus a $5k cash incentive lowers it to $33,141. That’s a discount of $9354.00. That''s pretty hard to pass up!  I didn’t bother to get a price on my Alpha because it’s an 08’ and that’s just about what I paid. Besides I couldn’t trade my Alpha even if I wanted to because when you purchase a vehicle through the GM Friends & Family Program you are required to keep the vehicle at least 6 months and I’ve not yet had my H3 that long.

I think the trade-in value of your H3 (or H2) depends on the area in which you live.

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RE: Good time for a trade? - 6/27/2008 9:46:53 PM   
jpog


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I checked on trading my ''07 3.7 Adventure (described in first post) for a Solar Flare Alpha this week. They offered me $21K for mine with $10K off theirs. I told them today if they would give me $23K I will do it. We shall see...

For the record, I looked at a YukonXL at $50K, they offered me $15,000 for mine vs. $40K for theirs. I politely told them to honk bobo.

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RE: Good time for a trade? - 6/27/2008 11:34:46 PM   
HummBob



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Great BUYERS MARKET, not so great for sellers............

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RE: Good time for a trade? - 6/27/2008 11:44:41 PM   
3hummers

 

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Anybody that trades or buys let us know what type of deal you get.

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RE: Good time for a trade? - 6/28/2008 1:13:00 AM   
HummBob



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Buys.............

Trades..........

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RE: Good time for a trade? - 6/28/2008 4:12:12 AM   
alphadogg

 

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quote:

ORIGINAL: HummBob

Buys.............

Trades..........


Right now you can get a good deal on just about any SUV or pickup but you won’t do nearly as good on your trade-in. As I said in my earlier post, the best offer I could get for my 08’ Alpha was $25k. Fergitabotit!

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RE: Good time for a trade? - 6/28/2008 5:55:04 AM   
josh1899


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it may get better once the 08''s hit the books. I think dealers are looking at 07 values, and estimating after that. I keep checking KBB and NADA guides, and it says N/A for 08 models.

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RE: Good time for a trade? - 6/28/2008 10:32:38 AM   
KS Trekker


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quote:

ORIGINAL: DILLIGAF08H3

Anything you might lose on the trade could be made up in rebates on the new one, currently $5K. I bought my 08 about 2 months ago, only 3k in rebates.


Good point. Someone in car sales once told me, don''t worry about what you are getting on your trade, just focus on the bottom line of what you are paying for the new vehicle. Car dealers can be pretty creative with the math if they want to move their stock.

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RE: Good time for a trade? - 6/28/2008 3:00:59 PM   
RealJeep


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Y''all stop your worrying! 
  1. It''ll cost you more to trade than it will to buy gas for a year.
  2. Gas it artificially HIGH right now and the speculators need to be thrown out of the market.  Congress is looking at just that.
  3. When gas comes back down all of the over reactors will be stuck with an econobox and we will still have our trucks.

I saw this happen in the 70''s.  It ended then, it will end again. 

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RE: Good time for a trade? - 6/28/2008 5:32:16 PM   
3hummers

 

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Agreed. I wouldn''t be in a hurry to get screwed.

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RE: Good time for a trade? - 6/28/2008 6:50:16 PM   
OUTLAW


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Was thinking of trading my H3 in on a ''09, might just buy another and wait for the upswing

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RE: Good time for a trade? - 6/28/2008 11:11:23 PM   
3hummers

 

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If you can buy without a trade in this is a great time to buy. None of mine are going anywhere so if I get another it is a straight buy deal.

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2006 H1 Alpha wagon
2000 H1 Slantback
1997 H1 wagon
2008 H3 Alpha

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RE: Good time for a trade? - 6/29/2008 9:37:37 AM   
D VADER



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From what I''ve read the price should drop back but don''t expect it to drop below $3.00.

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