Just a vent about trying to sell my car!! ARGH!!

[Stilltheone]

Why is it so hard to sell my car?!??

I have a 2003 Cadillac Escalade, THAT'S WHY!!

My husband and I found *the* perfect van for me. The dealership that has the van won't take my Escalade in on trade...It's in some rinky dink, po-dunk town and there's no market for it.

So, I've been trying to sell this Escalade outright for weeks....I keep getting calls, with offers for $10K. Why is $10K *the* magic #?

There's room in the van to roll some negative equity in it...I have the financing....so, why can't I sell this darn thing??

So frustrated right now....I'm wondering if I should put it up on autotrader or some other site like that....

Thanks for letting me vent!

[twuoo]

Try craigslist too.

[athomas]

What about Carmax? I think that's what it is called. I think they will outright buy cars.

[justbroke]

Just laughs... offering less than 5 figures ($10,000) for a 2003 Escolade, would be a smack in the face. They're at least trying to say it was a five figure offer.

(The vehicle can get offers from $7K to about $17K. $10K seems "in the middle" so, that's why you're seeing that.)

[banca rotta]

Why is it so hard to sell my car?!??



There's room in the van to roll some negative equity in it...I have the financing....so, why can't I sell this darn thing??



Thanks for letting me vent!

Here's the answer as you probably know:

http://www.bkforum.com/showthread.php?t=3090

Sorry you are having trouble I have a 4X4 too and KBB just dropped it's value by a few K$ in the last 6 months. I don't care since I plan on keeping it and running it into the ground and my next car will be used paid for with cash.

Good luck!

[AMISLANDER]

I have a 4Runner SRV (2000), being that I fought hard to keep it during bk (should have let the trustee keep it & get rid of it, as in hindsight)....and it's paid for....changing vehicles at the moment doesn't make sense. I do get 20 mpg/city and about 28 hwy...I'm not giving the b*tch up...I could live in it if I lost my job and the roof over my head...then it would become very very valuable...just like those people who live in parking lots in their vehicles out in CA.....ya never know the way things are today....with a gym membership that has showering facilities...think of the possibilities..

[Stilltheone]

AIMSLANDER--

We also fought hard to keep the Escalade during the bankruptcy. At the time, it was valued at $24K and we actually had to exempt equity. Again, hindsight and all that, we should have just let it go...

BUT, I needed a car. I have kids and I couldn't go without a vehicle, so we ended up keeping it.

Our blank check through Roadloans expires next week Thursday, so if we don't sell it by then, I guess we're done.

My husband put it out in front of his work today for $13,500 so maybe someone will bite. He is also taking it to Carmax after work to see what measly amount they offer. LOL

I put it on Craigslist for the upteenth time today also.

[AMISLANDER]

AIMSLANDER--

We also fought hard to keep the Escalade during the bankruptcy. At the time, it was valued at $24K and we actually had to exempt equity. Again, hindsight and all that, we should have just let it go...

BUT, I needed a car. I have kids and I couldn't go without a vehicle, so we ended up keeping it.

Our blank check through Roadloans expires next week Thursday, so if we don't sell it by then, I guess we're done.

My husband put it out in front of his work today for $13,500 so maybe someone will bite. He is also taking it to Carmax after work to see what measly amount they offer. LOL


Good luck to you
I put it on Craigslist for the upteenth time today also.

Much luck to you! I know how you feel! I had to pay the trustee $3k to keep my suv as I owned it but had a lien on the title that annoyed the hell out of the trustee so we had cut a deal. Did you try anything at the Cadillac dealership?

[Stilltheone]

Much luck to you! I know how you feel! I had to pay the trustee $3k to keep my suv as I owned it but had a lien on the title that annoyed the hell out of the trustee so we had cut a deal. Did you try anything at the Cadillac dealership?

The problem is that the van that I want is at some little po-dunk dealership. I've tried going to other dealerships, but they want me to buy something off THEIR lot....Completely understandable, but they don't have anything that I want. Picky? Absolutely.

I've had many calls today, but not one person to come look at it.

C'MON PEOPLE!! A friggin' Escalade for $13,500! That's a steal! LOL

[Flamingo]

In a better economy you could probably sell it quickly; in this economy, no one wants any kind of gas guzzler and people are not reaching into their pockets to purchase anything unless it is an absolute necessity. The retail, auto and restaurant businesses show the decline well. You just may have to do without your van for a while and wait it all out.

[Stilltheone]

In a better economy you could probably sell it quickly; in this economy, no one wants any kind of gas guzzler and people are not reaching into their pockets to purchase anything unless it is an absolute necessity. The retail, auto and restaurant businesses show the decline well. You just may have to do without your van for a while and wait it all out.

Very true, very true...

BUT, you're still going to have people that will just want an SUV....especiallly living in Wisconsin, during the winter. When I go anywhere, I'm definitely NOT the only SUV on the road.

Another reason I'm so "antsy" to get rid of the Escalade is the mileage. We were told by every dealership we took it to to NOT let the mileage get above 100K. Right now, it's at 97K. They said once it hits over 100K, the value goes down drastically. I guess 100K is the "magic" number for loans and warranties. It's harder to get a loan for a vehicle with over 100K miles.

So, if we're going to get rid of it, we need to do it before the mileage gets any higher. Once it hits past 100K, we're done and we need to keep it.

Well, it's up on Craigslist, Cars.com and in front of a heavily trafficked area....So, I guess we're doing all we can do. We have until next week Thursday, when our Roadloans check expires. We won't be reapplying.

Thanks!

[HRx]

Anything with a V8 is going to be hard to sell, take a long time, and needs to be sold very cheaply. lol

[AngelinaCatHub]

In a better economy you could probably sell it quickly; in this economy, no one wants any kind of gas guzzler and people are not reaching into their pockets to purchase anything unless it is an absolute necessity. The retail, auto and restaurant businesses show the decline well. You just may have to do without your van for a while and wait it all out.

[bcvw]

Stilltheone, I found your craigslist ad. You live fairly close to me.

Part of the problem is that it's a very expensive car even at $13K because of the high mileage. SUVs are not in demand. Think about it, how often have you really used that 4WD around here? I've been through many winters in this area and rarely use mine (and I have two Jeeps!). It's a nice to have option, but for 99% of the time, it's not needed. I could do without it and often wish I had bought something more economical.

There are a lot of more sensible vehicles at that price that you are competing with. That's the hard truth, sorry to say.

[Stilltheone]

Stilltheone, I found your craigslist ad. You live fairly close to me.

Part of the problem is that it's a very expensive car even at $13K because of the high mileage. SUVs are not in demand. Think about it, how often have you really used that 4WD around here? I've been through many winters in this area and rarely use mine (and I have two Jeeps!). It's a nice to have option, but for 99% of the time, it's not needed. I could do without it and often wish I had bought something more economical.

There are a lot of more sensible vehicles at that price that you are competing with. That's the hard truth, sorry to say.

Last winter, the AWD came in very handy. The Escalade is AWD, all the time. I know some SUV's, like Tahoes and Yukons, that have a 4WD button.

As for the price, we researched it before listing it. If someone would truly want an Escalade versus a Tahoe, ours is the cheapest one out there. The only Escalde cheaper than us is a 1999 for $9K. The next step above us is an 02 with 75K miles for $14K.

We've had tons of calls on it, even from guys in Chicago. We have several people that plan on coming out this weekend to take a peek. My husband is also going to Carmax tonight to see what they say.

If there was absolutely NO SUV market, we wouldn't be getting ANY calls on it, but there have been at least 20-30.

At the end of the day, it doesn't HAVE to sell. If it doesn't sell, it doesn't sell. There's not much I can do about it. I'm getting rid of it for purely selfish reasons.