Trade in! - Toyota Yaris Forums

jetaimejsc · 09-26-2007, 07:40 AM

Ok so here is my question:
I bought my liftback yaris at around 7 months ago and like eveything i buy, something new of the same thing comes out, Liftback "S", so i want to ask if i should trade my 07 liftback for an 08 liftback s, or is it not posible due to that i have not had it for a while?, would it be stupid to do that? Reason: I have and automatic and i wanted a manual but needed a car really bad and all they had were in auto and no power windows or locks

slvryaris · 09-26-2007, 07:57 AM

You will probably have a pretty good loss on trade in value compared to what you owe.

thatboyjer · 10-20-2008, 05:38 AM

lol i know the feeling, i thought about doing the very same thing with my car. I have an 07 m/t with no power windows or locks. For about 300 i can fix that and for another 500-1000 i can just buy a nice lip or body kit. Make your own S ;D haha

CTScott · 10-20-2008, 08:53 AM

Quote:

Originally Posted by jetaimejsc

Ok so here is my question:
I bought my liftback yaris at around 7 months ago and like eveything i buy, something new of the same thing comes out, Liftback "S", so i want to ask if i should trade my 07 liftback for an 08 liftback s, or is it not posible due to that i have not had it for a while?, would it be stupid to do that? Reason: I have and automatic and i wanted a manual but needed a car really bad and all they had were in auto and no power windows or locks

Don't trade it in - Sell it on Ebay. The 07's and 08's are selling around here for what people paid for them a year or two ago...

Mikeb Yaris · 10-20-2008, 10:02 AM

Allow me to throw in my 2cents...

ORDINARILY, about the dumbest thing a person could do is trade in a financed new car with less than a year on the note. HOWEVER, remember we are not in ordinary times and you're not driving an ordinary car. Depending on how well you negotiated the original price of your car (back when discounts were actually possible), you may find that your car is now worth MORE than you actually paid for it - particularly if you choose to sell private rather than trade to the dealer. With gas prices as they've been in addition to the relative scarcity of these vehicles closing out the 08 model year, someone might think they're getting the bargain of the century buying your "bare bones" car at $1,000 under the original sticker - well within range (IMO) of trading up so soon without embarassing "I bet you lost your ass on that one" comments from your buddies.

List your car on ebay and just watch the bidding wars begin!! You might even MAKE money on the deal! But get ready to pay full sticker at the dealer for your new one, and be careful he's not being slick and marking up over sticker to boot.

09-26-2007, 07:40 AM	#1
jetaimejsc Drives: Yaris Hatchback Join Date: Apr 2007 Location: Bville, TN Posts: 212	Trade in! Ok so here is my question: I bought my liftback yaris at around 7 months ago and like eveything i buy, something new of the same thing comes out, Liftback "S", so i want to ask if i should trade my 07 liftback for an 08 liftback s, or is it not posible due to that i have not had it for a while?, would it be stupid to do that? Reason: I have and automatic and i wanted a manual but needed a car really bad and all they had were in auto and no power windows or locks

10-20-2008, 05:38 AM	#3
thatboyjer Drives: 5spd 2007 Yaris LB Join Date: Jul 2007 Location: texas Posts: 143	lol i know the feeling, i thought about doing the very same thing with my car. I have an 07 m/t with no power windows or locks. For about 300 i can fix that and for another 500-1000 i can just buy a nice lip or body kit. Make your own S ;D haha __________________ 99.9% of what goes on in my mind at work/school/home [Debadged] [Tanabe DF210] [Limo Tint][17" Fondmetal Wheels] [Pioneer HU] --:: Wishlist, PM me ::-- [SSK (WTB)] [Black Sand Pearl Eyelids (WTB)]

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09-26-2007, 07:57 AM	#2
slvryaris View User's Garage Drives: 2007 Yaris Sedan S Join Date: May 2006 Location: Indiana Posts: 885	You will probably have a pretty good loss on trade in value compared to what you owe.

10-20-2008, 10:02 AM	#5
Mikeb Yaris Drives: 08 Sedan Base Auto/PWR BLK Join Date: Oct 2008 Location: Illinois Posts: 58	Allow me to throw in my 2cents... ORDINARILY, about the dumbest thing a person could do is trade in a financed new car with less than a year on the note. HOWEVER, remember we are not in ordinary times and you're not driving an ordinary car. Depending on how well you negotiated the original price of your car (back when discounts were actually possible), you may find that your car is now worth MORE than you actually paid for it - particularly if you choose to sell private rather than trade to the dealer. With gas prices as they've been in addition to the relative scarcity of these vehicles closing out the 08 model year, someone might think they're getting the bargain of the century buying your "bare bones" car at $1,000 under the original sticker - well within range (IMO) of trading up so soon without embarassing "I bet you lost your ass on that one" comments from your buddies. List your car on ebay and just watch the bidding wars begin!! You might even MAKE money on the deal! But get ready to pay full sticker at the dealer for your new one, and be careful he's not being slick and marking up over sticker to boot.