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Nov 15, 2024
2:16
:50
pm
Refugee
All-American
Rebuilts seem to come in at about 25% lower…
Banks will usually only loan about 67% of value.
Still a great value if you’ve got enough down to cover the 8% difference and you plan on keeping it long-term.
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Refugee
Previous username
SoutheastIdaCoug
Bio page
Refugee
Joined
Sep 6, 2016
Last login
Nov 15, 2024
Total posts
7,320 (120 FO)
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Messages
Author
Time
How low could you hypothetically talk a dealership down on a used car?
Icelandic Cougar
11:24am
Typically depends on how long they have had the car. Otherwise, the only negotiating power I have ever felt like I had
RootieBoy
11:27am
I would love to get it down to $20k… but I’m not confident in that happening.
Icelandic Cougar
11:27am
I don’t see from $26k to $20k happening. At that price point and if it has only been there a few days, a Telluride will
RootieBoy
11:32am
Sounds like a question for the dealership
BYUnerd
11:27am
$41 and a bucket of KFC
Abe Froman
11:27am
Just ask for it and be willing to walk away. Won't know until you try.
CSoul
11:29am
30% below blue book value
BYUMizzou
11:32am
I frequently buy salvage vehicles from insurance auctions. This is not true.
Atmospheric_Cougar
1:11pm
I would probably go for 26k out the door with everything.
Ycrazy
11:34am
I feel like if I can get a 10% reduction from the listing price, I did well
El Paso Coug
11:46am
That's called "relative negotiation" and it's a way to lose
BYUMizzou
11:49am
You didn't post the trim level... but average price for a used 2021 Telluride w/50k miles should be $27k.. BUT!!
TheLost
11:47am
LOL, no way! Where are you seeing rebuilt cars sell for 40% below book value?
Atmospheric_Cougar
1:12pm
Rebuilts seem to come in at about 25% lower…
Refugee
2:16pm
I have two rebuilt titles, AFCU and DFCU both covered way more than 67% of value
Atmospheric_Cougar
3:52pm
I've had better success buying rebuilt titles in CA than Utah. Discount is much
Cougarite
11:48am
A few threads I’ve come across say to start a backwards bidding war.
Frolfy
11:50am
just tell them what the highest you'd be willing to pay is and see. Also helps
4mack
11:51am
Took a negotiating class at UChicago
reddead
11:51am
This is the way. Walking away is a loss for the salesman. Its solid leverage.
Atmospheric_Cougar
1:14pm
Seems like a pretty good price. But I agree it depends on how long they've
GSwarriorcoug
11:52am
Also, this was my first rebuilt title. My brother has bought several
GSwarriorcoug
12:06pm
I've heard too many horror stories about rebuilt title cars that make me ignore all the positive reviews.
TheLost
12:14pm
I agree with all of this. How much do you even trust the body shop put airbags
Cougarite
12:51pm
This is not even close. Don't buy a vehicle with deployed airbags & frame damage
Atmospheric_Cougar
1:18pm
I'm not recommending it, but I'm not discouraging it. Just sharing
GSwarriorcoug
1:42pm
True true
Atmospheric_Cougar
3:54pm
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