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Trading in a car need advice

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.hacked

Member
I am going car shopping next week, and I would be trading in the car I am currently driving. I have the title but it is in my mothers name (she original purchased the car then gave it to me when she stop driving). My question is does she need to be present if I trade in the car?

Last week I donated another car that the titled was not in my name (again it was my mother's old car) and they didn't seem to care as long as I gave them the original title.

Thanks.
 
Well I used to sell cars, so I might be able to help.

First thing, don't count getting much. If you owe anything, at least et what you owe. Negative equity is a BITCH.

Don't go by Blue Book value... you won't get it. They go by a Black Book.

As for the title situation I'm a bit hazy on this, I think you have to have the title signed over to you and notarized. After that you should be fine.

Good luck, and don't believe the shit when they tell you they have to go talk to their managers. It's just a tactic to get more money out of you. Go in with a hard number and don't back down.

If you feel the urge to walk from it, don't hesitate. They will strong arm you at any oppotunity.
 

.hacked

Member
Car is paid off. I am not looking for much at all (Blue Book is only 1.5k), just really want to get rid of it. I would just donate it like I did the other car but I need something to drive for the next few days.

Another question is cash really king? I need 2 vehicles, paying cash, looking at two Cadillac's (STS and Escalade EXT) at around 60k MSRP on each. How much of a deal should I hold out for?
 
Dealerships HATE cash deals. As they get a percentage back from the finance companies and it helps with their bonuses.

But on the other hand a deal will get done quicker with cash. No muss, no fuss.

Like I said with the title, just go to your local DMV or BMV and get it transferrred over to you. It only costs a couple dollars and prevents your mom from having to go.
 

Tazznum1

Member
They don't really care with cash deals. I don't think you get a better deal. I put down $10,000 cash on my car and they were a bit pissy that they had to get a couple of people to come over to count it out in front of. They only like it when you have an iffy credit rating and won't have to go through the trouble of doing all the "selling" and having you turned down at the deal table.
 

Tarazet

Member
All of this is good advice. If you try to pay cash, they'll try to convince you to finance the car. Or, they will try to offer less for your trade.

Which trim level of STS and Escalade are you looking at? Do you know the invoice pricing?
 

.hacked

Member
STS
2005 STS 4.6L V8
CORAL CADILLAC, INC.
5101 N FEDERAL HWY
POMPANO BEACH, FL 33064


4.6L NORTHSTAR V8 VVT 320 HP
5-SPEED AUTO W/DRV SHIFT CONTRL
EXTERIOR COLOR: WHITE DIAMOND PREMIUM PAINT
INTERIOR COLOR: CASHMERE
VIN: 1G6DC67A850185547 Request a Quote

Print Window Sticker





MANUFACTURER'S SUGGESTED RETAIL PRICE
STANDARD VEHICLE PRICE $ 47,025.00


OPTIONS INSTALLED BY MANUFACTURER

SPECIAL PAINT
1SF LUXURY PERFORMANCE PACKAGE
MULTI-DRIVER MEMORY SETTINGS
POWER ADJUSTABLE LUMBAR
HEATED/VENTILATED FRONT SEATS
HEATED REAR OUTBOARD SEATS
HEATED, WOOD STEERING WHEEL
EUCALYPTUS WOOD TRIM ON CENTER
STACK, CONSOLE, IP, SHIFT
KNOB, DOOR TRIM AND STRG WHEEL
BOSE 5.1 STUDIO SURROUND SOUND
WITH IN DASH 6 DISC DVD
CHANGER AND ADVANCED DVD
NAVIGATION
XM SATELLITE RADIO - OVER 130
CHNLS OF DIGITAL ENTERTAINMENT
SERVICE FEE EXTRA 1ST 3MO. INC
RAINSENSE WIPERS
HOMELINK GARAGE DOOR OPENER
AUTO DIMMING ISRV MIRROR
(REPLACES STD ISRV MIRROR)
HIGH INTENSITY DISCHARGE (HID)
HEADLAMPS
INTELLIBEAM AUTO HIGH BEAM
CONTROL
HEADLAMP WASHERS
17" POLISHED ALUMINUM WHEELS
MICHELIN P235/50R17 FRONT
P255/45R17 REAR V-RATED TIRES
TIRE PRESSURE MONITOR
MAGNETIC RIDE CONTROL
EXPRESS OPEN/CLOSE SUNROOF
REAR SPOILER
TRUNK CONVENIENCE NET
PERFORMANCE FEATURES:
LIMITED SLIP DIFFERENTIAL
(N/A WITH ALL WHEEL DRIVE)
4-WHL. PERFORMANCE DISC BRAKES
WITH ABS
PERFORMANCE COOLING PACKAGE




TOTAL OPTIONS $ 12,060.00


TOTAL VEHICLE & OPTIONS $ 59,085.00


DESTINATION CHARGE $ 695.00


TOTAL VEHICLE PRICE* $ 59,780.00


STANDARD EQUIPMENT

Items Featured Below are included at NO EXTRA CHARGE in the Standard Vehicle Price Shown at Right

***PERFORMANCE***
• 4.6L NORTHSTAR V8 VVT ENGINE
• 5-SPEED AUTOMATIC WITH DRIVER SHIFT CONTROL
• INDEP SUSP W/AUTO REAR LEVEL
• STABILITRAK/SPEED SENS STRG
• ALL SPEED TRACTION CONTROL
• 4-WHL. DISC BRAKES WITH ABS
• PANIC BRAKE ASSIST
• 17" ALUMINUM WHEELS
• MICHELIN P235/50R17 TIRES **LUXURY/COMFORT/CONVENIENCE**
• NUANCE LEATHER SEAT SURFACES
• 8-WAY POWER SEATS
• PREMIUM ALUMINUM TRIM
• DUAL ZONE CLIMATE CONTROL
• POWER TILT/TELESCOPE STRG WHL
• CRUISE CONTROL
• ADAPTIVE REMOTE START
• 8 SPEAKER BOSE SYSTEM WITH CD
• PWR WINDOWS EXPRESS UP/DOWN
• KEYLESS ACCESS WITH PUSH BUTTON START

***SAFETY***
• DRIVER/FRONT PASSENGER FRONT & SIDE IMPACT AIR BAGS
• HEAD CURTAIN SIDE IMPACT AIR BAGS
• ONSTAR SYSTEM INCLUDES 1YR DIRECTIONS & CONNECTIONS
• ULTRASONIC REAR PARK ASSIST
• THEFT DETERRENT SYSTEM
• POWER PROGRAMMABLE DOOR LOCKS
• AUTO DIMMING ISRV MIRROR W/COMPASS
• ELECTROCHROMIC OSRV DRV MIRROR
• DAYTIME RUNNING & FOG LAMPS
• TUNGSTEN HALOGEN HEADLAMPS
• 4 YEAR/50,000 MILE LIMITED WARRANTY SEE DLR FOR DETAILS
• 4 YEAR/50,000 MILE LIMITED WARRANTY SEE DLR FOR DETAILS


EXT
2005 ESCALADE EXT AWD
CORAL CADILLAC, INC.
5101 N FEDERAL HWY
POMPANO BEACH, FL 33064


VORTEC 6.0L V8 345 HP
4-SPD AUTOMATIC TRANSMISSION
EXTERIOR COLOR: BLACK RAVEN
INTERIOR COLOR: PEWTER LEATHER
VIN: 3GYEK62N95G148737 Request a Quote

Print Window Sticker





MANUFACTURER'S SUGGESTED RETAIL PRICE
STANDARD VEHICLE PRICE $ 53,045.00


OPTIONS INSTALLED BY MANUFACTURER

SECOND ROW BENCH SEAT
(REPLACES BUCKET SEATS)
SELECT EDITION PACKAGE
INCLUDES:
EXPRESS OPEN SUNROOF
CHROME WHEELS
INTEGRATED NAVIGATION RADIO
(REPLACES STD/OPT PKG RADIO)
SELECT EDITION DISCOUNT
REAR SEAT DVD ENTERTAINMENT




TOTAL OPTIONS $ 4,785.00


TOTAL VEHICLE & OPTIONS $ 57,830.00


DESTINATION CHARGE $ 850.00


TOTAL VEHICLE PRICE* $ 58,680.00


STANDARD EQUIPMENT

Items Featured Below are included at NO EXTRA CHARGE in the Standard Vehicle Price Shown at Right

WORLD'S MOST POWERFUL


FULL SIZE SPORT UTILITY
• VORTEC 6.0L ENGINE 345 HP

LUXURY/COMFORT/CONVENIENCE:


UTILITY ENHANCEMENT SYSTEM:
• CONVERT-A-CAB (TM) W/MIDGATE PANEL, CARGO BED 5'3" - 8'1"
• REMOVABLE REAR GLASS
• LOCKABLE AND LIGHTED TOP BOX &CARGO BED, 3 PC RIGID CARGO COVER, ASSIST HANDLES
• NUANCE LEATHER SEAT SURFACES
• 14-WAY POWER FRONT SEATS W/ HEATED CUSHIONS & BACKRESTS
• 2ND ROW SPLIT-FOLD SEATS
• HID HEADLAMPS
• POWER ADJUSTABLE PEDALS
• DUAL ZONE AUTO CLIMATE CNTRL
• BOSE PREMIUM AUDIO SYSTEM W/ CASSETTE & IN DASH 6-DISC CD
• STEERING WHEEL RADIO CONTROLS
• PWR FOLD MIRRORS W/HEAT, LMPS MEMORY, CURB VIEW & SIGNALS
• REAR SEAT AUDIO
• BULGARI-INSPIRED ANALOG CLOCK
• ONSTAR SYSTEM INCLUDES 1 YEAR DIRECTIONS & CONNECTIONS

PERFORMANCE:
• ALL WHEEL DRIVE
• HEAVY DUTY 4-SPEED AUTOMATIC
• STABILITRAK STABILITY SYSTEM
• ROAD SENSING SUSPENSION
• AUTOMATIC REAR LEVELING CNTRL
• TRACTION CONTROL SYSTEM
• 4-WHEEL ANTI-LOCK DISC BRAKES
• ALL WEATHER 17" RADIAL TIRES

SAFETY:
• DRIVER & FRT PASSENGER FRONTAL AND SIDE IMPACT AIR BAGS INCL PASSENGER SENSING SYSTEM AND DUAL LEVEL FRONTAL AIR BAG
• TIRE PRESSURE MONITORING
 

Tarazet

Member
Aright, so that's a STS V-8 without AWD and an EXT.

The invoice price for the STS is $43,498. With that group of options, I would be satisfied if I was paying under $54,000 before destination & tax, however since this is a brand-new model you may not be able to come close to that. It never hurts to try, though.

The invoice price for the EXT AWD is $48,802. With the options you chose, I think it would be a good tactic to ask if they will sell the car to you, options and everything, for MSRP.
 
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