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let me know if im getting screwed

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Old 08-14-2008, 02:32 PM
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I have the jeep its a 4dr wrangler x base model with 7,000 miles but im not too happy with it I need more power I owe almost $28,000 on it and I put $2,000 woth of wheels on it I brought it to the dodge place today looking at a 08 slt quad cab and they said they would give me $20,000 trade in plus $2,000 for the wheels so 22 for it the truck I want is $32,630 but it has $9,000 rebate so its $23,630 but the out the door price is $30,822 does that sound like a good deal or am I getting screwed?
Old 08-14-2008, 02:50 PM
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Of course you're getting screwed...they give youa truck, more payments, take your jeep!!! What's next, they kick you in the nads tooo????????
J/K it is the price of the truck you need to focus on. Your credit and and financees will dictate your total cost.
Old 08-14-2008, 02:55 PM
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As a general rule I avoid trade-ins at ALL costs. You can usually do better selling privately. Although $22K for yours sounds reasonable at least, unless you have power options, mygig, hardtop etc.
Old 08-14-2008, 03:01 PM
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When you fill up at the gas station, you're getting screwed. When you trade-in a nearly new vehicle, you take a big hit for depreciation, and that's just an accepted fact. So yes, you ARE getting screwed, but it's to be expected in this situation. What truck are you looking at, BTW?
Old 08-14-2008, 03:58 PM
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Originally Posted by horne2527
I have the jeep its a 4dr wrangler x base model with 7,000 miles but im not too happy with it I need more power I owe almost $28,000 on it and I put $2,000 woth of wheels on it I brought it to the dodge place today looking at a 08 slt quad cab and they said they would give me $20,000 trade in plus $2,000 for the wheels so 22 for it the truck I want is $32,630 but it has $9,000 rebate so its $23,630 but the out the door price is $30,822 does that sound like a good deal or am I getting screwed?
Maybe my math is off, but the way I figure it is:
$22,000 (your Jeep's value) - $28,000 (What you owe) = -$6,000 (in the hole)

$32,630 (price of truck) - $9,000 (rebate) = $24,630 (actual price)

$24,630 + $6,000 = $30,630

I'm not sure where the difference came from or even if that was a fair price for the truck...use Edmonds.com to figure out a fair price for both your Jeep and the truck before you decide. Good luck.
Old 08-14-2008, 05:11 PM
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The last I looked JK's were 2nd in resale maybe you should try to sell it yourself. And trucks? Dealers can't hardly give them away and you should be able to find a pretty good buy. Boy I am sure glad I got rid of my V10 when I did. Just in the nick of time.
What ever you do good luck to you, GRIZZ
Old 08-15-2008, 02:52 PM
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allrighty well its a done deal they worked it out and gave me what I paid for my jk and now I owe a little less then I did before so so long



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