Red Line resale value

[Hawflake]

I don't suppose most people here have gone through this, but what kind of numbers are you getting when you talk about a RL for trade-in?
It's not even on Kelly Blue Book, in the dealer's black book, they give it the basic Ion 3 price plus $675 for a so-called "Red Line Package". Which means you get around $10,500 + $675 for an 04 RL.
I didn't think they would depreciate this fast.

[magikal_dragon]

$675 for the "Red Line Package"??

The seats are worth more than that!

[Hawflake]

Originally Posted by magikal_dragon

$675 for the "Red Line Package"??

The seats are worth more than that!

That's what I thought. If you compare the RL with a regular Ion 3, the difference or the cost of "Red Line package" would be around ~$5,000. So that figures for a 90% depreciation for "Red Line package" in one year, insane...

[re1080]

here in ny we use a trade in book called galves its in there for 12750

[rlinbatonrouge]

That's why I bought gap insurance. Thinking about trading the RL in? Well then wrap it around a tree and start right over.

[Hawflake]

Originally Posted by rlinbatonrouge

That's why I bought gap insurance. Thinking about trading the RL in? Well then wrap it around a tree and start right over.

a nifty idea as it may be, that reflects badly on your driving record! It may not be a good deal money wise if you get a hefty raise in the insurance rate.

[rlinbatonrouge]

That's the beauty of living in Louisiana. I go to court for every ticket and get them fixed. That way, I have a clean driving record with no accidents. Of course, I could simply go home to New Orleans and leave the keys in the door after parking it in the Desire projects. That may help as well and keep my record clean.

[Hawflake]

Originally Posted by rlinbatonrouge

Of course, I could simply go home to New Orleans and leave the keys in the door after parking it in the Desire projects. That may help as well and keep my record clean.

Now THAT is a much better idea.

[redline14]

My car has about 3000 miles and edmunds.com says about $12,000. Isn't that ridiculously pathetic.

[cvenom2122]

ill just keep this car and in 5 years work onto a luxury sports sedan a.k.a the G35! Ill turn the RL into a track/week end car i bet ya the cobalt wont depreciate it will be like 18,000 or more freaking bastards! this world really is screwed up