Hopefully you guys can help.....

[Arick]

I been recently trying to sell my 2000 reg cab 4x4 silverado

 

brand new the sticker price was 29,999 and came with every option but leather.  My question is whats a good asking price, i had it at 18,500 would 17,000 be good?????

 

I need to sell  asap and i am just wondering if i am crazy for asking that much or its reasonable and just nobody wants my truck.

 

 

Thanks....

[kennedycpa]

That is probably a good price.  Your problem of selling it may just be the used car market.  With the rebates and very low interest rates (0% in some cases), people are buying new vehicles.  If you went to the bank to borrow the $18,500 to buy a truck that is going on 3 years old, you would probably have to finance for 48 months.  Here are the payments based on zero down and 48 months.

 

7% - 582.28

6% - 549.25

5% - 517.99

 

I just bought my truck (2002 2500HD CC 4X4) for a little less than $600 a month.  That is for 60 months but most people look at the monthly payment rather than the total paid over the life of the loan.

 

I haven't seen any statistics that show that the used car market has weakened, but it seems like it would to me based on the above.

 

Maybe the new cars sales are flooding the used market with trade-in's, which could also make it harder to sell, so many for people to choose from on dealers lots might make it harder for the individual to make a sale.

 

Doubt this will help you sell ??? , Good luck

[CMNTMXR81]

Also market saturation plays a big factor too.  Seeing the surge in popularity over the past few years of trucks and SUV's in particular GM SUV's and trucks, their resale value has fallen a tad due to simple mass quantity of them on the road.  Geographical location makes a big difference.  What one here in Chicago is worth, isn't the same as in Wyoming.

 

Either way, there are three sites I go to to get an average asking price.

 

KBB (www.kbb.com)

Edmunds (www.edmunds.com)

NADA (www.nada.org or www.nadaguides.org)

 

Most dealers you find use the NADA guides because they are printed semi-annually therefore allowing for the most up to date values.  Although I find KBB to have the best "optional" equipment checklists that you can select.  Edmunds and NADA really don't do such.  You can select a few major ones, but I guess they figure you get them in pacakages anyway so chances are, they're on the vehicle.

[MarkD]

That and the fact that it is difficult to private sell a $15k + vehicle.  People have to secure their own financing.  Plus they have no one to "come back to".

[bowtie_pasta]

Have you listed it on the internet too?

[DigUout]

Hard to say what to ask without knowing the miles on it, transmission, color, overall condition, etc.

 

While the current special interest rates have a lot of people shopping for new vehicles, many don't qualify based on their credit history and not everyone can afford brand new.

 

I have a feeling the regular cab may be limiting you.  Most people these days want extended or crew cabs, so you're trying to appeal to a pretty small market.

 

My suggestion would be to ask your local dealer to sell your vehicle on consignment.  Lots of exposure to potential buyers and a crew of salesman to try and sell your truck for you while you focus on your everyday responsibilities.  Plus the dealership can help you determine a likely selling price.

 

Offer a $200 or $300 commision to the salesman who sells it and they'll get it sold....fast!    ;)

 

-Good Luck!

[Arick]

Well i am willing to give anyone 300 bucks for selling it, even over paypal if anyone here could find my a buyer. Details goes as such

 

 

pictures located at http://community.webshots.com/user/arick01

 

the pictures does not have the new tires

 

2000 silverado 1500 ls BLACK

reg short box

4x4 z71

5.3 motor

28,000 miles

automatic

tow/haul package

bench seats 40/20/40 or whatever that is

its got the bigger rear end

bridgestone duller AT's  cause the firestones suck

defrosting mirros

pushbutton 4x4

bed mat

light scracthes in the bed

Body is mint.....

rear defrost

trailer hitch

[CMNTMXR81]

Hey, is this Arick from the MFBA?  I just realized it when I read it was regular cab and black.  I can't link to your site cause Unitrin blocks me.  

 

Anyway, I can give a number of my friend at Elmhurst Chevy.  Maybe you can give him a call and see if he knows anyone who'd be interested.  Of course, if you throw that incentive in, that could only help.  

[Arick]

Yeah its me from the mfba, not sure why the link does not work??????

 

Anyways that would be sweet if you could let him know or get me a number, i need to slee asap...  gotta get back to work

[CMNTMXR81]

Sent ya a PM with the info.  

 

Maybe I need to turn on my mental observance switch in my brain.  

 

Oh, the link works, just that my Nazi employer blocks EVERYTHING that has to do with pictures it seems and when I linked to it, I got a "You can't look at this" message.  BASTARDS!!!