![]() ![]() ![]() Take it as one data point but it does seem there is movement in the market so if your serious about selling you might want to make you move now. To test the theory I did the online quote for the one vehicle I was keeping and I got an offer of a little over $60k then end of last week I requested a re-quote and got offered under $55k. On a side note, the dealers that I went to to get local offers (some after providing their quotes and me then relaying the online numbers) all indicated that if I was going to sell, to do so quickly as they anticipated the used car market taking a dive as the new car deliveries pick up in about a months time. I know Vroom ended up selling my truck for $5k over what they bought it for.which coincidentally was pretty close to the KBB estimated trade in value for my truck. Both I received more than I paid for them new (after applicable discounts at the time). I ended up going with Vroom for the Ram and a local Toyota dealer (not a referral) for the Tacoma. Of those 4, consistently the KBB referral was the lowest, then Carvana, then Carmax then Vroom. In my experience the KBB/ Edmunds car values are currently overly optimistic and the KBB instant offer is not all that useful as it's just a referral service.Ībout a month ago I sold two trucks ( DWR and a 17 Tacoma) and did the Vroom, Carvana, in-person Carmax on both of them. I understand Jeeps are unique but again seeing another same year and roughly same mileage Ram being offered locally for almost what I paid 5 1/2 years ago seems to support my belief.Īm I being grossly low balled or is KBB and Edmunds off? Based upon my research this sounds extremely low especially after a friend traded in his 2 year old Jeep for $10k more than he paid for it new. I let them look at my truck and they offered me $15,000. Yesterday I went to another dealer because according to their website they had 3 trucks I would be interested in but of course they didn't have any of them and was told they were in transit. So I have been researching possibly getting a 2500 because I will likely be getting a TT in a couple years and want the towing capacity. Those trade in values seem like they are probably close after I saw a local Ram dealer offering an almost identical truck with 3,000 less miles for $26,900. I have been meticulous with the maintenance and typically give it a full detail once a year. It is in very good shape but it is a daily driver and not a garage queen. I thought that was crazy since I paid only $27,900 in 2016 with 36,000 miles on it. They both have my truck valued at between $20-24k. Since then it spurred my curiosity what my truck was valued at so I looked it up on and KBB. I have loved the truck and wasn't even thinking about getting rid of it yet as it has been the most reliable vehicle I have ever had. I am contemplating trading in my 2014 1500 after ironically getting an alert from Credit Karma saying last month that the value of my truck went up $1600 in the previous month. ![]()
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