Somebody please, please help me!

1315 Views 8 Replies 5 Participants Last post by JDRedline, Mar 25, 2005

urbanmonkeygod04

Discussion Starter · Mar 23, 2005 (Edited)

Okay, I posted this in the "Buy/Sell Cars" section, but I need to sell my Vibe, ASAP! By ASAP I mean, within the next 8 days. Anywho, I figured it might get more views in this section.

Why, you ask? Because the only way I can afford my Redline is if I get the good lease offers they've got going on right now, which are over on March 31. With that said, here are the specs on my Vibe:

2004 Base Vibe, Salsa (dark red), 36,xxx miles
Automatic transmission
17" wheels
Sport Appearance Package (2 rear spoilers, ground effects)
ABS
Side Air Bags
Alarm
Power windows, mirrors, doors
Moonroof
200-watt premium audio system with 6 speakers

The only reason it has more than 36,000 miles is because it has been basically my all-over-the-damn-state-of-Michigan car. I've driven it easily and gently for all of those miles, and I use it to commute to & from school (40 miles away) and work (15 miles away).

I REALLY NEED TO SELL IT, SOON!

I've got an offer on it for $14,000 but he can't get the money for a month or two, and I need to sell it to get the R/L, as I stated before. I'd like 14k (we owe $15k but are willing to take the hit), and it's definitely worth the money. If anybody can help, I would appreciate it!

Thank you all.

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unknownsuperhero

· #2 · Mar 23, 2005 (Edited)

Man i wish I could help you . . . if you have a good dealership they might be able to help you out. I do not know if you have tried but talk to a sales rep and give them all your information. Depending on what the trade in is for it . . . Kelly Blue Book has it listed for $11,350.00 Although that is without the bodk kit and alarm etc. Generally the dealer adheres to kbb as far as upgrades, but you never know. Maybe you can kick it up to about $12,000 with the mods. Now you take their redline, the 0% you are interested in right? Instead of having them mark down their car, have them give you the payoff ammount for your car, or if you are willing the $14,000 that you had the offer for. This also aleviates alot of headache as far as title transferes and all that other jaz. Just a thought it might work out for you. But like i said before. Break it all down for the sales person and have him talk to the finance manager and see what you can do. You would be suprised to see what you can get.
Insert Vehicle Information

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urbanmonkeygod04

Discussion Starter · #3 · Mar 23, 2005

unknown superhero - first off, thanks for the kbb numbers and concern; I'll equip myself with those. Secondly, the body kit and the alarm are all factory - the body kit & spoilers were installed at the dealership. The alarm came with the "protection package" that we ordered with the Vibe, which included the side air bags & said alarm.

As far as what the Saturn dealer told me regarding Vibe trade in, I got the number $10,500 out of them. Yes, it's obscene. The worst part? Because my dad is part of their company car program and because he's married, we are FORCED by GM to have a car no fewer than 2 model years old in our driveway; i.e. if we have an '03, and it's December 2004, within a month we need an '05. But even though they make us purchase a new car every 2 years, when it's time to get the new car, GMAC won't allow us to get what we owe on the car. If it sounds unfair & unjust, that's because it is.

If I can't sell the Vibe by the 31st, I'm going to go and do some battling with the dealer, which will suck because I think the guy at the Saturn dealer up here is a nice guy. But basically, i'm going to tell him that if he wants his commission on this car, he's going to have to do some sweet talking. Basically, that $10.5k that he gave me, in my opinion, doesn't reflect the trim of the car, i.e., they're not taking into account the body kit. So I'm going to tell him, 12 grand for the Vibe, and then $2500 in extra discounts to make up for the $2500 of leftover Vibe financing we'll have to roll into the Saturn. I think it may work, because if my dad drove the Redline as a company car and put 6000+ miles on it for 3 months, we'd get that 2500, but he doesn't get his commission on the car because we do it directly through GM corporate.

Sorry about the long, ranting post.

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Chazb

· #4 · Mar 24, 2005 (Edited)

urbanmonkeygod04 said:
unknown superhero - first off, thanks for the kbb numbers and concern; I'll equip myself with those. Secondly, the body kit and the alarm are all factory - the body kit & spoilers were installed at the dealership. The alarm came with the "protection package" that we ordered with the Vibe, which included the side air bags & said alarm.

As far as what the Saturn dealer told me regarding Vibe trade in, I got the number $10,500 out of them. Yes, it's obscene. The worst part? Because my dad is part of their company car program and because he's married, we are FORCED by GM to have a car no fewer than 2 model years old in our driveway; i.e. if we have an '03, and it's December 2004, within a month we need an '05. But even though they make us purchase a new car every 2 years, when it's time to get the new car, GMAC won't allow us to get what we owe on the car. If it sounds unfair & unjust, that's because it is.

If I can't sell the Vibe by the 31st, I'm going to go and do some battling with the dealer, which will suck because I think the guy at the Saturn dealer up here is a nice guy. But basically, i'm going to tell him that if he wants his commission on this car, he's going to have to do some sweet talking. Basically, that $10.5k that he gave me, in my opinion, doesn't reflect the trim of the car, i.e., they're not taking into account the body kit. So I'm going to tell him, 12 grand for the Vibe, and then $2500 in extra discounts to make up for the $2500 of leftover Vibe financing we'll have to roll into the Saturn. I think it may work, because if my dad drove the Redline as a company car and put 6000+ miles on it for 3 months, we'd get that 2500, but he doesn't get his commission on the car because we do it directly through GM corporate.

Sorry about the long, ranting post.

I hate to say it but I traded in my 03 vibe which had almost all the things yours had minus a spoiler.It was super clean with 36000 miles and the book on it was 9400 trade in value I owed 9300.Whether they add this or that or take off the price of the redline you are still only going to get trade in value my old vibe has been sitting on the lot for 1199 for a month.Be honest with your self 14,000 for a used vibe vrs a new one for what they are selling them for now is not worth it to buy a used one.Used vibe $14000 new redline or whatever for $21000 and 0% interest you do the math.A new vibe can be had for around 18000 or lower so why buy a used one.I am not trying to be a jerk but it is hard to get retail on a used car.Good luck to you though.

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unknownsuperhero

· #5 · Mar 24, 2005

Kelly blue book only has certain things you can select for aditions. When you go to the what does the vehicle have page, that is it. I had the same prob with my wifes car, we had a body kit and lojac, alarm, protectoin and a bunch of othre crap from the dealer, but they would not honor it because it was not listed on KBB. The price I quoted you earlier is what I got when i inputed trade in value and the things you had (keep in mind, only what they allow you to select) It is also for southern california so it may be more.
Your "12 grand for the Vibe, and then $2500 in extra discounts to make up for the $2500 of leftover Vibe financing" Is ecactally what i mean. Just get enough out of them to pay off your vibe.

It is a damn shame that GM wont take care of their own like that

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CarNut

· #6 · Mar 24, 2005

urbanmonkeygod04 said:
But even though they make us purchase a new car every 2 years, when it's time to get the new car, GMAC won't allow us to get what we owe on the car. If it sounds unfair & unjust, that's because it is.

Doesn't sound unfair to me. No one can expect to buy a car on 5 or 6 year financing and bail out early with high mileage for what they owe. If it was leased you'd be 24K mi over ($3600 overage charge @ 15 cents/mile). And even though its only a year old, it's out of warranty. Not much incentive for someone to chose your's over new.

If you need to refresh vehicles every two years you should be leasing. If you can't afford the 2 year lease payment, you can't afford the car. In my experience buying seldom comes out cheaper than leasing if you trade in less than 5 years. You should consider yourself lucky if you can drive a new, $20K vehicle for less than 25 cents/mile.

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urbanmonkeygod04

Discussion Starter · #7 · Mar 24, 2005

It's unfair that they FORCE us to buy the car, no matter what the conditions of it are, and then won't give us what it's worth when they're FORCING us to buy a new car; basically GM is making us eat money on these cars. Not "making" like they're not being nice about it, but giving us no option. It's ridiculous, in my opinion.

As far as the buying-vs-leasing thing, I will NEVER finance to buy another car ever again when I can lease for less money.

I am calling Steve at Saturn tomorrow to talk about the take-money-off-redline-to-make-up-for-Vibe-difference tomorrow, among other things.

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unknownsuperhero

· #8 · Mar 25, 2005

Well how did it go???

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JDRedline

· #9 · Mar 25, 2005

urbanmonkeygod04 said:
...As far as the buying-vs-leasing thing, I will NEVER finance to buy another car ever again when I can lease for less money...

Wait until the end of your lease when you learn that you'll either have to lease for life or pay a whole lot of money to get out it.

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Somebody please, please help me!

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