Comments on: OK, I’ve Done My Part… http://etrmcommunity.com/site/modules/wordpress/2008/05/28/ok-ive-done-my-part/ A blog about energy trading and risk management Fri, 03 Sep 2010 05:24:24 +0000 http://wordpress.org/?v=2.0.1 by: Patrick Reames http://etrmcommunity.com/site/modules/wordpress/2008/05/28/ok-ive-done-my-part/#comment-5599 Thu, 29 May 2008 19:01:05 +0000 http://etrmcommunity.com/site/modules/wordpress/2008/05/28/ok-ive-done-my-part/#comment-5599 I was warned going in that it was going to be a bad experience to trade the truck. I had heard that trucks and suvs were being immediately discounted $2000 off the blue book value, and I got hit worse than that. I could have shopped it around to different dealers or tried to sell it privately and most likely recieved a better return, but I truely hate the whole car buying experience. In this case I was just wanting it done and over with. However, if I had tried to construct a different deal by trying to squeeze more for the truck, the financial equation may have shifted more in my favor, but it would have had to go a long way to make the whole experience financially positive. I was warned going in that it was going to be a bad experience to trade the truck. I had heard that trucks and suvs were being immediately discounted $2000 off the blue book value, and I got hit worse than that.

I could have shopped it around to different dealers or tried to sell it privately and most likely recieved a better return, but I truely hate the whole car buying experience. In this case I was just wanting it done and over with. However, if I had tried to construct a different deal by trying to squeeze more for the truck, the financial equation may have shifted more in my favor, but it would have had to go a long way to make the whole experience financially positive.

]]> by: steunenber http://etrmcommunity.com/site/modules/wordpress/2008/05/28/ok-ive-done-my-part/#comment-5598 Thu, 29 May 2008 17:03:16 +0000 http://etrmcommunity.com/site/modules/wordpress/2008/05/28/ok-ive-done-my-part/#comment-5598 I guess it is a cold comfort, but <a href="http://calculatedrisk.blogspot.com/2008/05/severely-underwater-vehicles.html" rel="nofollow">you are not alone.</a> I guess it is hard to say whether it is a correct deal 'purely from a financial perspective'. Maybe we talk about this in 3 years time. I guess it is a cold comfort, but you are not alone.

I guess it is hard to say whether it is a correct deal ‘purely from a financial perspective’. Maybe we talk about this in 3 years time.

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