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Automotive / Buying and Maintaining a Car

URL:  http://boards.fool.com/unfortunately-you-are-probably-out-of-luck-if-you-17760373.aspx

Subject:  Re: Selling a Car Date:  8/29/2002  11:15 PM
Author:  Dewdaroo Number:  21299 of 71119

Unfortunately, you are probably out of luck if you expect to sell your vehicle for more than wholesale. I worked at several Ford/Lincoln/Mercury dealership service depts for several years and our sales staff would take them in trade because the customer couldn't find ANYONE to buy it outright. We would give wholesale for them and living here in Austin, most get cleaned up and sent to Mexico. With as many used cars on the market today, one with over 100K is very hard to sell for much. Unless it is a Honda or a Toyota. They bring a decent price up to 200K. But, over 100K, people are just too leary and conservative with their money. Hope I have been of help. I have 124K on my 97 Ranger and payments expire in 3 mos.. I have had it since 11/98 @32K. I can get wholesale but that is it.
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