Dont ever buy a new american car especially a GM - GM Forum - Buick, Cadillac, Chev, Olds, GMC & Pontiac chat


Lounge For casual talk about things unrelated to General Motors. In other words, off-topic stuff. And anything else that does not fit Section Description.

Reply
 
 
 
Thread Tools Search this Thread
Old 05-31-2006, 07:27 PM   #1
Senior Member
True Car Nut
Thread Starter
 
Join Date: Feb 2006
Location: Delaware & Long Island NY
Posts: 3,239
Thanks: 0
Thanked 0 Times in 0 Posts
Shadow is on a distinguished road
Default Dont ever buy a new american car especially a GM

2005 Bonneville GXP sticker price $38,000 Purchase Price $32,000

Trade in value a year later.......$17,000


Thats what the benz dealer offered me. kbb.com states less than that for trade in.

I will never buy a new GM again.!!!
Shadow is offline   Reply With Quote
Old 05-31-2006, 07:28 PM   #2
Senior Member
True Car Nut
 
Join Date: Feb 2006
Location: Melrose
Posts: 4,596
Thanks: 0
Thanked 0 Times in 0 Posts
BLACK94SSEi is on a distinguished road
Default

Is it only GM that you loose so much value? What about other cars/trucks?
BLACK94SSEi is offline   Reply With Quote
Old 05-31-2006, 07:28 PM   #3
Junior Member
 
Join Date: Sep 2002
Posts: 0
Thanks: 0
Thanked 0 Times in 0 Posts
jwakamud is on a distinguished road
Default

not a problem with GM, its a sign from God to keep your bonne.
jwakamud is offline   Reply With Quote
Old 05-31-2006, 07:32 PM   #4
Junior Member
 
Join Date: Apr 2006
Location: Purgatory
Posts: 0
Thanks: 0
Thanked 0 Times in 0 Posts
Bonneville92V688 is on a distinguished road
Default

Kia used to be terrible, but not anymore. Suzuki cars are probably the worse on resale. Verona - 21k new
Trade in with 10k miles - 14k

This is an example at what they are worth after 10k miles.
Bonneville92V688 is offline   Reply With Quote
Old 05-31-2006, 07:37 PM   #5
Senior Member
True Car Nut
 
Join Date: Feb 2003
Posts: 3,684
Thanks: 0
Thanked 0 Times in 0 Posts
smellbird is on a distinguished road
Default Re: Dont ever buy a new american car especially a GM

Quote:
Originally Posted by Shadow
2005 Bonneville GXP sticker price $38,000 Purchase Price $32,000

Trade in value a year later.......$17,000
Not that they would tell you but you should have asked how much they would try to sell it for. My guess would be $25k+. The dealer wants to make money on the transaction.
The first few years of a new car are the most depreciative.
smellbird is offline   Reply With Quote
Old 05-31-2006, 07:46 PM   #6
Senior Member
True Car Nut
Thread Starter
 
Join Date: Feb 2006
Location: Delaware & Long Island NY
Posts: 3,239
Thanks: 0
Thanked 0 Times in 0 Posts
Shadow is on a distinguished road
Default

Quote:
Originally Posted by BLACK94SSEi
Is it only GM that you loose so much value? What about other cars/trucks?
Nope my ford truck sticked for $42,000 and I paid $32,000 and the dealer appraiser offered $27,000 sight unseen.
Shadow is offline   Reply With Quote
Old 05-31-2006, 08:00 PM   #7
Senior Member
True Car Nut
 
Join Date: Feb 2006
Location: Melrose
Posts: 4,596
Thanks: 0
Thanked 0 Times in 0 Posts
BLACK94SSEi is on a distinguished road
Default

Try Accura as well. I think they drop pretty significantly too.
BLACK94SSEi is offline   Reply With Quote
Old 05-31-2006, 08:03 PM   #8
Senior Member
True Car Nut
Thread Starter
 
Join Date: Feb 2006
Location: Delaware & Long Island NY
Posts: 3,239
Thanks: 0
Thanked 0 Times in 0 Posts
Shadow is on a distinguished road
Default

Quote:
Originally Posted by BLACK94SSEi
Try Accura as well. I think they drop pretty significantly too.
yeah only the new style Acura RL holds its value
Shadow is offline   Reply With Quote
Old 05-31-2006, 08:03 PM   #9
Senior Member
Posts like a Camaro
 
Join Date: Dec 2002
Location: Northeast MS
Posts: 1,079
Thanks: 0
Thanked 1 Time in 1 Post
94SSEgold is on a distinguished road
Default

i kinda work somewhat in the car industry and the Infinity resale is horrible. although made by Nissan, they get horrible resale while the nissan does pretty good
94SSEgold is offline   Reply With Quote
Old 05-31-2006, 08:19 PM   #10
Senior Member
Posts like a Corvette
 
Join Date: Mar 2006
Posts: 1,356
Thanks: 0
Thanked 0 Times in 0 Posts
erics95se is on a distinguished road
Default

So, KBB Can be highly inaccurate.

Did you try out NADA.com ?
erics95se is offline   Reply With Quote
 
 
Reply

Related Topics
Thread Thread Starter Forum Replies Last Post
Buy, Buy American Pie Purplehazeir Lounge 7 02-08-2010 01:14 AM
New poem - dont read if you dont care. jwakamud Lounge 3 03-27-2007 02:17 AM
to all SE (green ones especially) 93-97 w/ SLE package..... mista_sse Lounge 7 11-12-2003 12:55 AM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -4. The time now is 06:42 AM.


We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.