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Bad trade? 2007 Explorer for 2008 Sebring

Posted 04-12-2008 at 07:19 PM by SecretSeller
This one is so out there that I broke a salesperson rule of selling and asked her "Are you sure?" when she said she wanted to buy the car.

I had this woman who came in with a 2007 loaded up Ford Explorer (Leather, Navi, DVD Player) with only 11,000 miles on it and wanted to trade it in for something with better gas mileage.

So I showed her a couple of vehicles and she finally decided on a 2008 Chrysler Sebring base model.

She said in Sept of 07 she bought the vehicle for $28,000 dollars and we gave her $18,500 for it on trade. She had the title to the Explorer with her, so you figure she had to of paid cash for it. So the Trade and additional $915 she was able to get into the new Sebring.

Now remember, her main motivation was to save gas. By my estimates her decision to save herself on the price of fuel cost her $10,415. That means at say $100 in gas a week it would take her 2 years to make her money back and that's only if she didn't put any fuel in her new Sebring.

Doesn't make sense to me but she's as happy as can be and I guess that's all that matters.
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