DODGE RAM FORUM banner
21 - 33 of 33 Posts
Discussion starter · #21 ·
@Candy08 - Thanks that is good advice. We are trying to make the trip in 3 days but the military gave us 5 days of travel so there is time in there to get some bargin hunting done :D
 
Go to NADA.com and price it with options. Dealer hold back is another 3% of sticker price. A general rule of thumb I have found is that the "true" dealer cost is about 89% of sticker on a well optioned truck. Of course, they probably don't want to sell at "true" invoice, because they need to make money. But you also have VERY high trade in values working in your favor right now!

If I were you, I would take 89% of sticker, then deduct current incentives, and offer that. (In my region in June, a 44,000 Big Horn had $5,250 in rebates, getting you down to about $33,900 net) On your trade in, take the NADA value of your vehicle in "excellent" condition, if it is anywhere close, an add a couple thousand dollars to that. Then, go to the dealer on the last day of the month and make your offer. They may hit a volume bonus at certain levels, and your vehicle may be the one that gets them there. Ie, they may actually sell it at our near the true cost, and give you more for trade in than you expect. If they don't take it, you can always work up a little from there. However, you may be surprised how cheaply you can buy a vehicle using this technique! Let them know you know what the cost is, you know what your trade is worth, and be firm.
 
Let them know you know what the cost is, you know what your trade is worth, and be firm.
That's it right there! I also bought mine on Christmas Eve...end of year yada yada . Primate I cant tell you the number of dealers we called while in route! I would shoot for 10k at the least, they can do it. Let em know your gonna buy one whether its this guy or the next. Good luck and happy shopping. Keep us posted on how things go. Be safe on your pcs move :)

BTW usaa is showing $9191 off a '11 quadcab laramie 4x4 in my area....
 
I am not sure I agree with your analysis that trade values are very high. If you are trading a fuel effecient newer car, that is definately the case. Used cars have increased in value in the last 6 months. Now there is also a reduction in low mileage used cars that are 2009 and newer, but 2008 and older, pre-economic downturn, they are plentiful, look at production numbers of a given model if you would like hard evidence.
 
Discussion starter · #25 ·
I am trading in a 2005 RAM 1500 SLT with 57000 miles on it. I would expect the trade in to be around 12k - 14k but it was hit by hail damage to the tune of 4k which I am sure they can get dome much cheaper. All repairs can be done by PDR according to the insurance company so if I can get 10K for her I would be very happy. Here are some pics http://imageshack.us/g/268/tjtruck1.jpg/
 
I bought a loaded Sport Crew 4x4 MSRP $49500 in May for $14k under plus ACV for my trade. They had to go 250 miles to get that truck, because of the super exclusive Rambox!
I am about to try and buy my brother-in-law (21 yr old, first vehicle purchase) an Express 4x4 MSRP $31000, shooting for $7-8k under. Won't buy at less than $6k under. This truck they will have to go 180 miles away. Its crazy that is the closest 4x4 Express in any color.
 
Yeah i have 3.55's and my truck hauls A$$!
 
Discussion starter · #29 ·
They are offering me $9500 for my truck and I asked for them to add side steps and rubber floor matts and to reduce the price to $34K. Waiting to see if they are going to accept it or not. Wish me luck :D
 
Yeah i have 3.55's and my truck hauls A$$!
I had a chance to drive a new 2011 for a few day that had the 3.55's. I missed my 3.92's. I didn't think I would see that big of a difference, but I did. The 3.92's are nice.
 
Hi Primate,
To answer your question, I think the price could be better for you. They need to take at least 10k off the sticker price. Yes, 10k! If you are not in a hurry about buying a truck do some shopping around. Vernon TX has really awesome deals. I just purchased a loaded truck that had a sticker price of over $61,000 but I only paid $50,000. I also got pre-qualified for the purchase, and Ally Financial (Ram's finance co) ended up giving me 3.9%. If you would like more input from me feel free to send me email. :smileup:
 
I am not sure I agree with your analysis that trade values are very high. If you are trading a fuel effecient newer car, that is definately the case. Used cars have increased in value in the last 6 months. Now there is also a reduction in low mileage used cars that are 2009 and newer, but 2008 and older, pre-economic downturn, they are plentiful, look at production numbers of a given model if you would like hard evidence.
You are correct about fuel efficient cars, and mid size cars too are up significantly. But I would contend, based on my limited research, that others are up as well if they are clean, and not too old. I recently helped a friend who was going to trade and he had a 2009 or 10 GMC Canyon, loaded out, and in the past year, the trade in value had gone UP by about 20% on NADA! Also, I bought a used 2009 Nissan Murano a couple of years ago. I've put 30,000 miles on it, and the trade in value has dropped less than $2000. Most of my research does involve vehicles newer than 2008 and you pointed out that the newer stuff is bringing good values, while the older stuff may not be. But if you have a relatively new vehicle, take a look at the trade value, current rebates on what you want, and you may be able to upgrade MUCH cheaper than you imagined.
 
21 - 33 of 33 Posts