some used Bolts finally below $20k |
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some used Bolts finally below $20k |
Sep 16 2019, 01:22 PM
Létrehozva:
#1
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Advanced Member Csoport: Members Hozzászólások: 258 Csatlakozott: 22-August 19 Azonosító: 1,099 |
I see browsing on cargurus.com that the asking price on a small number of used Bolts is finally slightly below $20k. This seems somewhat logical to me - the new price has recently been discounted steeply and for a high mileage used 2017 Bolt, it could not be priced in the same neighborhood as the new Bolt, as buyers would take the new Bolt every time.
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Sep 16 2019, 01:23 PM
Létrehozva:
#2
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Advanced Member Csoport: Members Hozzászólások: 82 Csatlakozott: 22-August 19 Azonosító: 1,100 |
I see browsing on cargurus.com that the asking price on a small number of used Bolts is finally slightly below $20k. This seems somewhat logical to me - the new price has recently been discounted steeply and for a high mileage used 2017 Bolt, it could not be priced in the same neighborhood as the new Bolt, as buyers would take the new Bolt every time.
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Sep 16 2019, 01:23 PM
Létrehozva:
#3
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Advanced Member Csoport: Members Hozzászólások: 85 Csatlakozott: 22-August 19 Azonosító: 1,101 |
Thanks, good one. If we extend it back a few years we can see that throughout 2018 the used 2017 Bolts seem to have held their level (about the same level in November 2018 as in December 2017), but then around December 2018 finally started to trend downward. Maybe not great news for those who bought, but good news for those of us who have been tracking the market for used decent longer-range BEVs with good value left in them and their batteries. There aren't that many models that qualify, and the prices still do not seem to have dropped as steeply on used Model S's.
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Sep 16 2019, 01:23 PM
Létrehozva:
#4
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Advanced Member Csoport: Members Hozzászólások: 94 Csatlakozott: 23-August 19 Azonosító: 1,103 |
I took in to get my loaded Bolt premier ($43.5k MSRP) with 42k miles (with 1 ding on the CarFax for an at-fault insurance claim (Thanks wifey) for an appraisal last time I was at my dealer for service, and I got offered $20k as trade-in value by my dealer. If what the used car sales manager said was true, he said that they would price my Bolt at $23-24k if it was on their lot. So a base LT with around 36k miles being under $20k now makes sense.
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Sep 16 2019, 01:23 PM
Létrehozva:
#5
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Advanced Member Csoport: Members Hozzászólások: 82 Csatlakozott: 23-August 19 Azonosító: 1,105 |
I took in to get my loaded Bolt premier ($43.5k MSRP) with 42k miles (with 1 ding on the CarFax for an at-fault insurance claim (Thanks wifey) for an appraisal last time I was at my dealer for service, and I got offered $20k as trade-in value by my dealer. If what the used car sales manager said was true, he said that they would price my Bolt at $23-24k if it was on their lot. So a base LT with around 36k miles being under $20k now makes sense.
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Sep 16 2019, 01:23 PM
Létrehozva:
#6
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Advanced Member Csoport: Members Hozzászólások: 72 Csatlakozott: 23-August 19 Azonosító: 1,104 |
I still find it inexplicable lease-return Bolts have a residual value way above the KBB. Then, when the lessee can't see buying at the high residual, the lessor sends the car through auction to be sold at wholesale for much less than they were asking for the residual and then the car comes on the internet at resale at sometimes 20% less than the residual.
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Sep 18 2019, 08:07 PM
Létrehozva:
#7
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Advanced Member Csoport: Members Hozzászólások: 480 Csatlakozott: 8-September 18 Azonosító: 761 |
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Szöveges verzió | A pontos idő: 8th November 2024 - 04:12 PM |