TRADE IN VALUE OF THE 04 IS CRAP!!

My car has 3100 miles and is in mint condition. With my options Kelly Blue Books says it is worth $17500.

Now considering the sticker says +/- $33000 that just costed me $5 a mile to drive it!

SHEESH! I am EXTREMELY UPSET BY THIS

I went to KBB and input the known info on your car, zip code 78727 it has a private party value $20,300.00, trade in $16,825.00.

Yeah...that sucks.

THATS WHAT YOU GET JIZZZ!!!!! I tried to trade my 04 gt off and was in the same boat,,,,,the
'S.S. SCREWED' Its those damn rebates that kill the resale, why buy your car when someone can get a brand new one for the same price!!!!!

I will not sell this car for at least 7 years, however when its paid i am buying a used grand prix to race in autocross.....

That sucks guys. I bought my 97 GTP for $10,000 and it dropped to $6000 in two years. I know it's not as much as you guys are talking about, but when it's that low, it makes a bigger difference. I totalled the damn thing and got a check for $6,200. So much for the $5,000 I put into it....

How is a smaller amount more?

HAHA! It's funny that you compared it to $5 a mile. I know a car for sale that is only 1 dollar a mile for the first 40,000 miles. Its a Porshe and thats straight from Car and Driver Magazine!!

I meant it in the sense that if you lose $4k on a $20k car, it's one thing. But if you lose $4k on a $10k car, it's more of a hit. Think of it in percentages....

I hear ya,,,,,,,But originally your 10000 car may have been a 20000 dollar car and you lut some bum take the loss of depreciation, like me or jizz......

BTW i tried to trade my car the other day, they gave me a can of Mt Dew, that was it,,,,

Trade in value of almost all domestic cars is crap, always has been.

From everything i have seen trade in value of any car is crap. Some just crap more, some crap less.........

I guess I am used to trucks now.... they seem to hold pretty good Resale Value....My Avalanche had a great resale value.

Yeah trucks do hold. My cousin bought a 02 2500HD all opts with 50 thousand miles and paid 23 for it new was like 36000 i think but if you had a 02 car with 50000 miles on it that cost that much it wouldnt be worth a dog turd by now.

I agree, trucks are the exception, especially if it's 4WD. GM's seem to be the best for holding their value.