aegeanbluecivic
Senior Member
- Joined
- May 2, 2016
- Threads
- 18
- Messages
- 149
- Reaction score
- 94
- Location
- San Diego
- Vehicle(s)
- 2021 Honda Civic SGP Hatchback Sport
- Thread starter
- #1
Hi, I still have not taken delivery of the 2021 civic hatchback sport sonic gray. They are selling it for MSRP in San Diego however do not have the exact car in stock and said to give them a month. They asked for a $500.00 deposit and I used my credit card for safe measures. In the meantime prior to going to the dealership I received a message from them indicating my car should have about 5 to 6k in equity from my current lease based on the information they have. I have driven it for about 12.7k miles in total and my lease is up in December. Checking the KBB the trade in value is about 21 to 23k for excellent condition for my 2018 civic hatchback sport. The salesman said that they needed to spend 1000 dollars to recondition the car and said that about 17k was fair value to me however this is significantly lower than what I anticipated. They said they would repair it and resell it for about 20k but I’m not sure about that as on their website they are selling them for about 22k based on the average and similar mileage. I asked for 18500 and of course they didn’t budge much and stated 17300 was the best they can do. He asked if I new there were issues with the car but I literally just got it serviced last month and the service center that is a part of the dealership said everything checks out aside from a recall. So either he is lying and wanted to low call me as much as he could or I don’t know maybe I am just over thinking it as I expected higher.
When I gave a 500.00 deposit unfortunately I didn’t get anything in writing aside from a receipt and it doesn’t tell me much. It’s not supposed to be used towards the new car as I wanted to use the equity that I had to pay for the down payment.
should I just shop around and see if I can get a better trade in deal somewhere else? I see that other dealers actually have the car that I want and I didn’t sign anything that legally binds me to the car at that specific dealership. Just
Edit: as of 9/17/2021, I got a counter offer from another dealer, went to original dealership to get back deposit, was given an even better deal than before to win my business since I bought prior cars. I feel I was treated fairly the second time! Got my sport in the original color I wanted back in 2018, and now I get the 21 model with the refresh in addition to the touch screen and push start and VOLUME KNOB! Hallelujah!
When I gave a 500.00 deposit unfortunately I didn’t get anything in writing aside from a receipt and it doesn’t tell me much. It’s not supposed to be used towards the new car as I wanted to use the equity that I had to pay for the down payment.
should I just shop around and see if I can get a better trade in deal somewhere else? I see that other dealers actually have the car that I want and I didn’t sign anything that legally binds me to the car at that specific dealership. Just
Edit: as of 9/17/2021, I got a counter offer from another dealer, went to original dealership to get back deposit, was given an even better deal than before to win my business since I bought prior cars. I feel I was treated fairly the second time! Got my sport in the original color I wanted back in 2018, and now I get the 21 model with the refresh in addition to the touch screen and push start and VOLUME KNOB! Hallelujah!
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