Thomas
Anderson,#2Consumer Comment
Sat, August 19, 2006
"NADA Retail" values are NOT used for trade-in values. The DEALER is supposed to charge YOU "NADA Retail". OK, so the spread between "NADA Loan" and "NADA Retail" is a given dealer markup. Live with it, or don't 'trade'. Buy your vehicles clean, and sell your old vehicle yourself. Then you may get "NADA Retail". Or maybe not. My reason for thinking that you are looking at "NADA Retail" for your trades: You quoted- Total value of the 2 Toyotas(NADA): $43400 Amount Gene Reed was asking for Toyotas: $44200 A dealer will NEVER sell a used vehicle for "NADA Loan" unless it is a trashed dog. If you are getting your NADA values from the NADA consumer website, those are "NADA Retail" vaules- not "NADA Loan" values. Your library and your bank will have the NADA Orange Books. Go there and look up the appropriate "NADA Loan" and "NADA Wholesale" values.
Thomas
Anderson,#3Consumer Comment
Sat, August 19, 2006
"NADA Retail" values are NOT used for trade-in values. The DEALER is supposed to charge YOU "NADA Retail". OK, so the spread between "NADA Loan" and "NADA Retail" is a given dealer markup. Live with it, or don't 'trade'. Buy your vehicles clean, and sell your old vehicle yourself. Then you may get "NADA Retail". Or maybe not. My reason for thinking that you are looking at "NADA Retail" for your trades: You quoted- Total value of the 2 Toyotas(NADA): $43400 Amount Gene Reed was asking for Toyotas: $44200 A dealer will NEVER sell a used vehicle for "NADA Loan" unless it is a trashed dog. If you are getting your NADA values from the NADA consumer website, those are "NADA Retail" vaules- not "NADA Loan" values. Your library and your bank will have the NADA Orange Books. Go there and look up the appropriate "NADA Loan" and "NADA Wholesale" values.
Thomas
Anderson,#4Consumer Comment
Sat, August 19, 2006
"NADA Retail" values are NOT used for trade-in values. The DEALER is supposed to charge YOU "NADA Retail". OK, so the spread between "NADA Loan" and "NADA Retail" is a given dealer markup. Live with it, or don't 'trade'. Buy your vehicles clean, and sell your old vehicle yourself. Then you may get "NADA Retail". Or maybe not. My reason for thinking that you are looking at "NADA Retail" for your trades: You quoted- Total value of the 2 Toyotas(NADA): $43400 Amount Gene Reed was asking for Toyotas: $44200 A dealer will NEVER sell a used vehicle for "NADA Loan" unless it is a trashed dog. If you are getting your NADA values from the NADA consumer website, those are "NADA Retail" vaules- not "NADA Loan" values. Your library and your bank will have the NADA Orange Books. Go there and look up the appropriate "NADA Loan" and "NADA Wholesale" values.
Thomas
Anderson,#5Consumer Comment
Sat, August 19, 2006
"NADA Retail" values are NOT used for trade-in values. The DEALER is supposed to charge YOU "NADA Retail". OK, so the spread between "NADA Loan" and "NADA Retail" is a given dealer markup. Live with it, or don't 'trade'. Buy your vehicles clean, and sell your old vehicle yourself. Then you may get "NADA Retail". Or maybe not. My reason for thinking that you are looking at "NADA Retail" for your trades: You quoted- Total value of the 2 Toyotas(NADA): $43400 Amount Gene Reed was asking for Toyotas: $44200 A dealer will NEVER sell a used vehicle for "NADA Loan" unless it is a trashed dog. If you are getting your NADA values from the NADA consumer website, those are "NADA Retail" vaules- not "NADA Loan" values. Your library and your bank will have the NADA Orange Books. Go there and look up the appropriate "NADA Loan" and "NADA Wholesale" values.
Mark
Baltimore,#6Consumer Comment
Sat, August 19, 2006
Simple math using your numbers Highlander (NADA) 21200 Tacoma (NADA)22000 Total 43200 minus trade (NADA)20000 Total 23200 Plus owing on truck 9800 Total 33000. Using your numbers, it should be 33k and your truck, they want 39K and your truck. You are putting the truck in twice by saying 39k + 10,200 equity. How much are taxes and tags in SC? In MD that would add another 2500. I do know up here full size 4x4 trucks are very soft on the market right now and it wouldn't bring 20K