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Old 08-14-2017, 10:29 PM   #1
Tim202
 
Drives: 2018 ZL1 1LE
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Dealer Offer

I'm looking to trade in. Chevy dealer is offering $36K for my 1LE. About 3,700 miles, ceramic coat, summit white.

Is this good deal, for a trade in that is?
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Old 08-14-2017, 10:41 PM   #2
LODuncan
 
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Looks pretty go is you ask me
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Old 08-14-2017, 11:06 PM   #3
soloknight6
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for a trade yea, they will get 40k out of it.
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Old 08-15-2017, 08:38 AM   #4
nancygrl
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yep. not bad for a quick turn around for trade in
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Old 08-15-2017, 10:40 AM   #5
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Quote:
Originally Posted by Tim202 View Post
I'm looking to trade in. Chevy dealer is offering $36K for my 1LE. About 3,700 miles, ceramic coat, summit white.

Is this good deal, for a trade in that is?
It depends- are you buying a vehicle from the same dealer and using this offer to make the purchase? If so, how much is the dealer discounting the MSRP? On its own, 36K seems reasonable, but if they aren't budging on price for the new vehicle, then they are making extra money from your transaction. Just my thougths.

Any chance you can share what you are getting next to replace the 1LE? Just curious.
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Old 08-15-2017, 11:05 AM   #6
Bad Anvil Garage
 
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Originally Posted by JK001 View Post
Any chance you can share what you are getting next to replace the 1LE? Just curious.
x2
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Old 08-15-2017, 01:46 PM   #7
drew.87
 
Drives: 2017 Camaro 1LE
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I think that is a good price. If I was selling my 1le I would take that price
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Old 08-15-2017, 09:23 PM   #8
Tim202
 
Drives: 2018 ZL1 1LE
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Quote:
Originally Posted by JK001 View Post
Any chance you can share what you are getting next to replace the 1LE? Just curious.
ZL1 1LE
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Old 08-16-2017, 08:12 AM   #9
Bad Anvil Garage
 
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ZL1 1LE
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Old 08-16-2017, 08:25 AM   #10
rootus
 
Drives: 2018 HBM SS 1LE
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Given what you can get a brand new 2018 SS 1LE for ... I'd say that's a great price.

Assuming it's not wrapped up in a trade-in deal that is obfuscating the numbers, of course.
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Old 08-16-2017, 12:33 PM   #11
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As a point of reference, I just traded in my '16 2ss, 4000 miles, for 34,500 on a zl1. My car was pretty optioned out/clean. I think it was a good deal, especially considering I paid 36000 new about 8 months ago.
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Old 08-16-2017, 01:47 PM   #12
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Drives: 2017 1SS 1LE Camaro
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Quote:
Originally Posted by Tim202 View Post
I'm looking to trade in. Chevy dealer is offering $36K for my 1LE. About 3,700 miles, ceramic coat, summit white.

Is this good deal, for a trade in that is?
the other thing to consider is how much you owe on the car.

if the ZL1 is 70k, and you owe nothing on your car you are trading in.
70k-36k = 34K, you're paying roughly 3.4K in taxes. total price owed is 34k+3.4k=37.4k

lets say you sell the car yourself for 39k.
70k + 7k taxes = 77k - 39k from the sale= 38k

in this example you'd save 600 bones by trading it in. Obviously if you owe a lot on the car you're trading in, this "tax savings" goes away.
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