I need some logic!

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rico387

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I have a beautiful scratch& bug free ‘16 2wd Tahoe LT w/Lux pkg & nav,dvd, sunroof pkg. 24k miles. 8 months left on the 3/36. I owe 42k.
Today, I was offered a ‘15 Denali 6.2 4x4, hvy tow, dvd, power boards. Every single option. 2 local owners. 40k miles. Good carfax. No warranty. First year production. 48k$

Am I making a mistake going back to the first year of the new body?

I appreciate the input good/bad because car lots make rational people crazy.
 

JayceeP

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Well, my rational answer is that I would hang on to your ride another year or 2 to soften your depreciation curve/total cost of ownership. It seems like these things really drop after year 1 and 2 relative to original MRSP and then flatten out a bit. You also still have lots of powertrain warranty as well.
 

Blueinterceptor

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I like a new car every 3-4 years or so. The only thing “wrong” with your car is that it’s not 4wd. That’s not wrong. I just like and need the option. I would ask the following of the trade, why 2 owners on a car with 40k miles. Personally if I did not need the 4wd I’d keep the devil I know vs the one I don’t. Carfax is only as reliable as the info put into it. I think going backwards is a mistake.
 

Rdr854

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Unless there are features that you need or really want, I recommend that you keep what you have.

Your truck is a known quantity to you, the other is not, and three sales in as many years (you being the third if you buy it) could be a red flag for an underlying problem.
 

iamdub

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Too many red flags compared to your current ride:

-Technically unknown history
-Multiple owners in 40K miles
-No warranty
-Potential for first year problems
-Higher mileage
-Higher price

I second everyone's replies. Those extra bells and whistles won't mean crap to you if it has any of the first-year issues.
 

Rocket Man

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You say you owe 42k on yours but you don't mention what you can sell it for. Are you talking a 6k difference or is it more?
 
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rico387

rico387

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You say you owe 42k on yours but you don't mention what you can sell it for. Are you talking a 6k difference or is it more?

They came up to 42500 on my ‘16. That’s a pretty fair trade value. It would have been a trade difference of 7890.00. Then ad tax, title, the b/s dealer fees and it would’ve been 52,692.00 out the door.
I need the 4x4, but I just want the rear buckets, and the 6.2 liter, but cooler heads prevail. I’m not going back a model year and going up 100$ a month for some nice frills.
 

15YUKON

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I agree lots of red flags..... “SHOW ME THE CARFAX!” Sorry I had to.... If it was an executive vehicle for a dealer or something then that many owners may be logical but otherwise that shouldn’t be. I’d stick with yours unless you can dig up the info and find out why there were three owners.
 

Rocket Man

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Yeah definitely not for
They came up to 42500 on my ‘16. That’s a pretty fair trade value. It would have been a trade difference of 7890.00. Then ad tax, title, the b/s dealer fees and it would’ve been 52,692.00 out the door.
I need the 4x4, but I just want the rear buckets, and the 6.2 liter, but cooler heads prevail. I’m not going back a model year and going up 100$ a month for some nice frills.
Yeah definitely not for over 10k plus the other flags like others have said.Good that you came to your senses.
 
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rico387

rico387

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Yeah definitely not for

Yeah definitely not for over 10k plus the other flags like others have said.Good that you came to your senses.
I appreciate all the input. I've seen very level headed people lose their minds on car lots. And it's kinda like Vegas- the house always wins.
 

Blueinterceptor

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With all of the end of year close outs, what are the chances of finding a 17 left over and doing your trade. If you’d be out clean, try to find a 17 left over 0% financing or so. (Next month or January )
At least a rate better than you have now. Push for 10% or better off sticker
 
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ajs800

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^^Agree. Unless you know the person and or dealer, I would not recommend buying any of these trucks used with multiple owners over a short period, nonetheless a 2015. off lease with minimal service records, maybe, but otherwise I'd steer clear. ...just my 2 Cents.
 

bayviewnick

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I like a new car every 3-4 years or so. The only thing “wrong” with your car is that it’s not 4wd. That’s not wrong. I just like and need the option. I would ask the following of the trade, why 2 owners on a car with 40k miles. Personally if I did not need the 4wd I’d keep the devil I know vs the one I don’t. Carfax is only as reliable as the info put into it. I think going backwards is a mistake.


Regarding CARFAX. I fully agree, Carfax is only as reliable as the info put into it. You only see what is reported. Reports are not mandatory and can only be made by repair shops and dealers.

I know this for a fact as I once looked at a car for my daughter. I crawled under it and found abnormalities in the seams of the trunk to side panel seams on the driver's side. When I discovered this, I had the shop manager put the car on a lift. Once there, the used car sales, repair shop and body shop managers all viewed what I found. The body shop manager confirmed that car was impacted on the left rear corner requiring much repair, replacing the left rear quarter but they 'straightened' the floor pan to which he added, 'that should have been replaced also'.

The general manager REFUSED to report it to car fax stating it was the responsibility of the repairing shop to do so not him! (A lie, ANY shop can report damage found but it isn't in thier best interest to do so.)

That car disappeared from the lot that night!

I called CARFAX myself the next day to report what was found and had confirmed. I had pics to prove it. They told me ONLY SHOPS could report damage to vehicles not consumers! I asked they contact the dealer to confirm what I was attempting to report. They refused, citing the dealer will not confirm it if they weren't going to report it as I requested (I reluctantly understand and have to agree with this).

My point? NO dealer is going to devalue a vehicle they want to sell by reporting damage, it lessens the value. Unless forced to do so, no one will report damage to CARFAX. It isn't in their best interest.

In M.H.O., a Carfax report is worthless.

Put the vehicle on a lift and compare all seams, paint, undercoating, and PARTS for age related weathering and wear. Even if you know nothing about auto mechanics, anyone can see new parts, new paint, new undercoating and areas that were replaced or worked. They can't do a factory quality build on a repair in the field especially if they only replace some parts. Accident damage will be located in areas of the vehicle and not encompass the complete vehicle or undercarriage. They have to start and stop somewhere and you can find it, if it exists, if you just look.

It seems 'let the buyer be ware' fits this industry.

Sorry that my answer is so long but I distain dishonesty. I don't wish to generalize but I am talking about the used car industry after all. I apologize in advance to any used car sales personnel that don't fit this mold but I have yet to find anyone that was completely honest and up front so this is what fuels my rant. Thanks for letting me vent. lol
 

Doubeleive

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MY THOUGHT IS THE 15 IS A FIRST YEAR MODEL CHANGE, I MADE THAT MISTAKE BEFORE......... NEVER AGAIN
 

08HoeCD

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OP, vehicles come and go all the time, but don’t do this trade.
 

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