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JK Talk General discussion forum regarding thoughts, opinions and rumors about the Jeep JK Wrangler or related subjects that don't quite fit in the Modified, Stock or Electronics forums.

Trade In Allowances

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Old Oct 1, 2008 | 02:07 PM
  #1  
rakcmei's Avatar
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JK Newbie
 
Joined: Apr 2008
Posts: 41
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From: Crofton, MD
Default Trade In Allowances

Anyone seen trade-in allowances for 08s yet? Edmunds and KBB only show the GC and KJ.
Thanks.
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Old Oct 1, 2008 | 02:55 PM
  #2  
xblazerman's Avatar
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15 Year Member
 
Joined: Mar 2008
Posts: 153
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From: Laurel Highlands,Pa.
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I paid $ 24,000 for my X last October. It has 16,000 miles and my dealer offered me $19,800 on a trade last week.I didn't trade,I just wanted to see what kind of deal I could get.
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Old Oct 1, 2008 | 03:31 PM
  #3  
JK Enthusiast
 
Joined: May 2007
Posts: 157
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From: Colorado
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One thing you should know is that trade in allowance is not the actual value your car is worth. Dealers can take mark up from the car your purchasing and add it to the trade in value. They can make trade in allowance whatever as long as they stay within the profit margin they want to be. ACV or Actual Car Value is what you should be worried about. That will be the actual dollar amount the dealer will buy your trade from you. The used car manager puts that figure in your trade in based on blue book value, costs to recondition your car, and what the car may be worth at car auctions. Anyways, I hope this helps.
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