Should I Trade My H2
Thread Starter
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Junior Member
Joined: Mar 2012
Posts: 18
From: Central Florida
Should I Trade My H2
So I am seriously considering finally parting with my H2 after 12 years; however, I am torn between trading it in or trying to sell it outright. I’m hoping for a little advice from my you guys as I really don’t want to deal with lots of tire kickers who don’t appreciate the H2. It’s a 2005 with 119,800 miles on it. I have taken very good care of it through the years and have numerous upgrades on it and just put brand new shocks and tires on. Right now, the trade offer on it is pretty low, but I know someone that appreciates an H2 would love to have it. It just seems there are less and less of them. So, any advice would be appreciated.
2005 Hummer H2, AirRaid Cold air intake, Magnaflow exhaust, Fabtech uniball UCA, Fabtech HD tie rods, Fox Shocks, AMP electric steps, Mickey Thompson ATZ P3 35/12.50R20, 20” Procomp aluminum wheels, LED headlights
2005 Hummer H2, AirRaid Cold air intake, Magnaflow exhaust, Fabtech uniball UCA, Fabtech HD tie rods, Fox Shocks, AMP electric steps, Mickey Thompson ATZ P3 35/12.50R20, 20” Procomp aluminum wheels, LED headlights
Senior Member
Joined: Feb 2008
Posts: 2,302
From: Kansas
It's much easier to trade it in, but you will most likely get a few thousand less than a private sell. All the mods you made will not help your trade in value and can even hurt it. If you find a buyer that likes what you have changed, then it's more apt to bring you a better price. Post an ad for a few G's more than the dealer offered on FB marketplace and see if you get much interest.
Thread Starter
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Junior Member
Joined: Mar 2012
Posts: 18
From: Central Florida
It's much easier to trade it in, but you will most likely get a few thousand less than a private sell. All the mods you made will not help your trade in value and can even hurt it. If you find a buyer that likes what you have changed, then it's more apt to bring you a better price. Post an ad for a few G's more than the dealer offered on FB marketplace and see if you get much interest.
Senior Member
Joined: Mar 2014
Posts: 495
From: Viera, FL
Sell it outright. My dealer that I've purchased 10 or 12 vehicles from and even got my H2 from offered me $9500 for mine. He showed my the auction prices (florida) and that was higher than average but still a risk.
I had mine up on marketplace for $16,900. I had (2) $14,000 offeres but don't need to sell it so I still have it. My truck is extremely nice but almost 180,000 miles.
Tim
I had mine up on marketplace for $16,900. I had (2) $14,000 offeres but don't need to sell it so I still have it. My truck is extremely nice but almost 180,000 miles.
Tim
Senior Member
Joined: Apr 2019
Posts: 3,192
From: BX NY North East
you can try selling it on something like cargurus or one of the many others out there
https://www.cargurus.com/Cars/invent...edEntity=c7984
https://www.cargurus.com/Cars/invent...edEntity=c7984
Thread Starter
|
Junior Member
Joined: Mar 2012
Posts: 18
From: Central Florida
Sell it outright. My dealer that I've purchased 10 or 12 vehicles from and even got my H2 from offered me $9500 for mine. He showed my the auction prices (florida) and that was higher than average but still a risk.
I had mine up on marketplace for $16,900. I had (2) $14,000 offeres but don't need to sell it so I still have it. My truck is extremely nice but almost 180,000 miles.
Tim
I had mine up on marketplace for $16,900. I had (2) $14,000 offeres but don't need to sell it so I still have it. My truck is extremely nice but almost 180,000 miles.
Tim
Senior Member
Joined: Jul 2012
Posts: 8,999
From: C-Town
Always Negotiate Your Trade-in Separately
Dealers typically make more money on used cars than they do on new ones.They know most car shoppers are mainly focused on the new car and don't do much research on the car they're trading-in. This is a HUGE mistake!The main tactic dealers use is to bundle the trade-in with the price of the new car. They will give you a great price on the trade-in (over the Blue Book value), and you think you're getting a great deal. What you don't realize is the dealer just jacked up the price on the new car.
By the time the deal is done, you're left confused with all the numbers and think you got a great deal, when in fact, you got ripped off. The way to prevent this is to separate your trade-in negotiation from the new car purchase.
Always shop your trade-in and negotiate its price with multiple dealers before negotiating the price of your new car. This way, you'll have a much better idea as to its real worth, rather than relying on the offer from one dealer.
Thread Starter
|
Junior Member
Joined: Mar 2012
Posts: 18
From: Central Florida
Always Negotiate Your Trade-in Separately
Dealers typically make more money on used cars than they do on new ones.They know most car shoppers are mainly focused on the new car and don't do much research on the car they're trading-in. This is a HUGE mistake!The main tactic dealers use is to bundle the trade-in with the price of the new car. They will give you a great price on the trade-in (over the Blue Book value), and you think you're getting a great deal. What you don't realize is the dealer just jacked up the price on the new car.
By the time the deal is done, you're left confused with all the numbers and think you got a great deal, when in fact, you got ripped off. The way to prevent this is to separate your trade-in negotiation from the new car purchase.
Always shop your trade-in and negotiate its price with multiple dealers before negotiating the price of your new car. This way, you'll have a much better idea as to its real worth, rather than relying on the offer from one dealer.
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