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Good time for a trade?

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Old Jun 17, 2008 | 11:04 AM
  #1  
jpog's Avatar
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Default Good time for a trade?

Alright. Since the world is going bat feces against the HUMMER in the market, I figured it might be a good time to look into an upgrade. I can definitely get a good price on an 08 Alpha. Problem is I just bought my 07 in December, and I am worried that I will take a bath in trading it off. Anyone with real-world current trade prices from a stealership on trading away their H3? I would hope that a HUMMER dealership would be most giving, but you never know. Thanks in advance!

Greg
 
Old Jun 17, 2008 | 11:53 AM
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Default RE: Good time for a trade?

I think location would have a lot to do with it...certain markets are killing Hummer resale values and certain ones are not. I know in NJ the market values have not dipped all that much.
 
Old Jun 17, 2008 | 12:24 PM
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I am in Huntsville, AL. When I look up kbb.com values though, I am shocked to see the trade in figures. Less than $20K for a 07 Adventure with less than 10K miles!
 
Old Jun 17, 2008 | 12:35 PM
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Default RE: Good time for a trade?

yea, trade in values have sucked for some time...I agree with ya there! I'm hoping it will help me out when the lease on my 06 is up though!! Should give me lots of room to negotiate a lower buy out price
 
Old Jun 20, 2008 | 01:52 AM
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Default RE: Good time for a trade?

Good time to buy a new or used Hummer as prices are dropping. Which basically means its a bad time to try to sell or trade-in. Regardless of what the KBB value is, many people just aren't interested in buying SUV's and big trucks right now.
 
Old Jun 20, 2008 | 01:56 AM
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Default RE: Good time for a trade?

Shop all the dealers in the area. One will want to make a deal.
 
Old Jun 20, 2008 | 06:09 AM
  #7  
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Default RE: Good time for a trade?

Although good deals on trading your H3 are slim I would think the best opportunity would be with a Hummer dealer.
 
Old Jun 20, 2008 | 03:05 PM
  #8  
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Default RE: Good time for a trade?

i tried in dallas on a 06 to get an 08 and the value on a trade put me negative by 5000 and i got a fully loaded h3 06.....this was before the announcement about discontinue h3's
 
Old Jun 20, 2008 | 04:52 PM
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Default RE: Good time for a trade?

I got $24.5K for my lux 2006 last November, market in the upper Midwest had alot of used 07s already, that was the best price I could get
 
Old Jun 20, 2008 | 06:45 PM
  #10  
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Default RE: Good time for a trade?

Let us know what you do and how it turns out.
 



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