Telly on the way! Question about financing/timing of trade-in

[mieldog]

Hi folks,

Our Telluride showed up on Failcat today, dealer told us it should ship out on 8/26 and arrive in WA to the dealership on 9/24. So my questions...
We'll be trading in our 2017 Subaru Outback. I'm looking into Carmax and Vroom- if they offer a higher amount, even after taking into account the tax savings of trading into the dealership, then we'll likely go that route.
Should I tell the dealership what they're offering and ask them to match it?
If they are unwilling to, how would you suggest timing a trade-in via, say, Carmax so that we're not left without our primary car for long (we could do a few days but would rather not go more)?
If we don't have cash from the trade-in when we go to the dealership to pick up the Telluride, is it easy to apply that big chunk of change to the Telluride payoff after the initial financing? Any difference or things to consider if financing is through Kia or through our local credit union?

Thanks for any tips in advance!

 

[Mdsmooth]

We talked to a few credit unions here in CA and were told they could not finance new cars purchased out of state. So we will have to most likely finance through Kia. The credit unions did say we could re-finance through them however.

 

[mieldog]

We talked to a few credit unions here in CA and were told they could not finance new cars purchased out of state. So we will have to most likely finance through Kia. The credit unions did say we could re-finance through them however.

Ours would be an in-state purchase, but thanks for the heads up!

 

[ronniebell]

Hi folks,

Our Telluride showed up on Failcat today, dealer told us it should ship out on 8/26 and arrive in WA to the dealership on 9/24. So my questions...
We'll be trading in our 2017 Subaru Outback. I'm looking into Carmax and Vroom- if they offer a higher amount, even after taking into account the tax savings of trading into the dealership, then we'll likely go that route.
Should I tell the dealership what they're offering and ask them to match it?
If they are unwilling to, how would you suggest timing a trade-in via, say, Carmax so that we're not left without our primary car for long (we could do a few days but would rather not go more)?
If we don't have cash from the trade-in when we go to the dealership to pick up the Telluride, is it easy to apply that big chunk of change to the Telluride payoff after the initial financing? Any difference or things to consider if financing is through Kia or through our local credit union?

Thanks for any tips in advance!

I showed my Carmax offer to the dealership (in Missouri) and he pretty much matched it. Be sure to have the current offer from Carmax or any of those services on hand when you visit the dealer.

______________________________

 

[sprengBoard]

Hi folks,

Our Telluride showed up on Failcat today, dealer told us it should ship out on 8/26 and arrive in WA to the dealership on 9/24. So my questions...
We'll be trading in our 2017 Subaru Outback. I'm looking into Carmax and Vroom- if they offer a higher amount, even after taking into account the tax savings of trading into the dealership, then we'll likely go that route.
Should I tell the dealership what they're offering and ask them to match it?
If they are unwilling to, how would you suggest timing a trade-in via, say, Carmax so that we're not left without our primary car for long (we could do a few days but would rather not go more)?
If we don't have cash from the trade-in when we go to the dealership to pick up the Telluride, is it easy to apply that big chunk of change to the Telluride payoff after the initial financing? Any difference or things to consider if financing is through Kia or through our local credit union?

Thanks for any tips in advance!

Some dealerships will use the tax advantage of trading in to their advantage and offer that much less than your other offers (just something to watch out for).

I sold a car to Shift just a few months ago and the process was very easy, and I had the positive equity deposited in my account only a week after the sale.