jmrhodes212
Active Member
- Joined
- May 28, 2022
- Messages
- 122
- Reaction score
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- Points
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- Age
- 50
That is a unique situation. Trading a truck for one that has to be ordered. I can understand their dilemma with the future value.I got a cash offer through carmax and carvana, both were around $21k. The appraisal from the dealer 3 days ago was $21,500 and told me I could probably get $22k if I really pushed. Dealer today told me cars value was $19k and estimated by the time my truck came in, it would be worth $16k.
I don't see a good option for that. I don't think you'll find any dealer to give you a firm price today for "tomorrow's" value without it being lower. All bets point toward the market continuing to decline. In your situation, you have to find a dealer you trust the most and go with them, hoping they don't screw you when your truck arrives. It is a risk for them, to give you a value now that could be less later. If you could get them to say that would honor a KBB or Carmax purchase price in the future, that might be the best you get.
You could look at it like this though and make you feel better. Assume you were going to finance the truck. Start taking the monthly payment and put them in the bank. If it is 3 months, then you will have $3000 or so saved up to offset the trade value.