Is this a good deal..04 cobra

[imported_JacobK]

Well guys i found a guy looking to sell or trade is 04 cobra couple.. It his redfire with gray interior. It has 5200 miles 2.8 pulley, Stieg ported blower, throttle body and plenum, UPR catted x-pipe, Borla stinger Catback, Steeda Cold air, SCT chip with custom tune, 315 nittos out back, and some billet interior pieces, never been wrecked or anything..I have talked to the guy and he said he would take my 99 Camaro SS, plus $17,500 for it. What do you guys think, is this a good deal or no?
I have bolt ons, and a $4000 rebuilt trans, but my car has 113K miles..so i figure with the trans it is probably worth $10,000. However i owe i believe $8995 or around there on it. So does anyone know what i would do at the bank? do i tell them what im doing and see if they can add the loan onto my payments or what?
here are some pics of the cobra

Click to read more...

 

[Juggernaut]

That sucks bro, so your gonna eat 24k + TRADE car to him, idk man... go to a dealer!

 

[Juggernaut]

i dont know man.... id look to a dealer first

 

[Wiked03]

Looks like that snake will end up costing you 26500. Not a HORRIBLE price, but not that great either.

Basically, you need the guy to buy out your Camaro loan. Then you will need to get another loan for the 26500 (or whatever you negotiate.)

Or you can just try and get a loan for 26500, and see if they will let you split it up (9k to pay off Camaro, 17500 for the snake)... not likely though.


Good luck either way.

 

[imported_JacobK]

the only bad thing about a dealer is that im gonna lose alot on my car with it having 113K miles..

 

[Juggernaut]

I lost a little on my Camaro with the trade on my L and form my L to the cobra.... if you want the car bad enough , a little here a little there wont hurt you... and youll enjoy your drive when ever like i do :biggthump, in a nutshell... it the camaros payment and get the cobra

 

[imported_JacobK]

so what do u think i should ask then?

 

[Flyn]

Take your car to Carmax and get a free quote on what they will give you for it. That will give you some idea what it's worth as a trade in. You can also go to KBB.com [Kelly Blue book] and look up the wholesale/retail prices.

 

[Boost12]

I duno but that car is sooo SeXy! I wish I had those chrome wheels on mine..! :headbang:

 

[CobraSusie]

the only bad thing about a dealer is that im gonna lose alot on my car with it having 113K miles..

Big Time, I think you would be good doing this trade, (I was lucky I went to my dealer sponsor for the new car)
some dealerships won't even take a car with that high of milage

My Explorer was 2 yrs old, and Eddie Bauer, immaculate, but had 129,000 miles,
no one would pay off the $11,700 I owed, and half the dealerships said IF they would it would go to auction

Selling the car outright it will be hard enough to get the loan paid off, so...
Guess it is all up to you, I would really consider it
See if you can work the price down a little

Good Luck !

 

[hj16]

No. Id laugh in his face if he wanted that. You can get great condition 03/04s for the low-mid 20s. Your car plus 17K is a joke...Id kick him in the balls

 

[hj16]

Id go for your car plus 13K

 

[SonicBlur]

I don't know, I paid about $25k and change for my 03 in January with 11k miles and all it had was a UPR Cold Air kit....that doesn't seem like too bad of a deal. Naturally if you can talk him down anymore that would be ideal but I'd say go for it!! That car has real low miles, already modded over 500rwhp and you kill two birds with one stone: get rid of your old car and get a bad-ass Cobra too. If he takes a lower offer, don't let this one pass!! Oh, and make sure that you keep that licence plate!! It's priceless!!

-Mike

 

[blubyu]

26,500 doesn't sound like that bad of a deal. It is a 2004 with low low miles. Best part, you will be unloading a Chevy.

Sweet looking ride, good luck trying to figure out the financing!

Sometimes it's worth a little extra to get what you want.

 

[Wiked03]

I duno but that car is sooo SeXy! I wish I had those chrome wheels on mine..! :headbang:

I fuggin love Redfire with chromies! :headbang:

 

[imported_JacobK]

well guys i thinhk i am going to wait..see if i can sell my car outright first, and save and put some money down on one..plus i would like to buy a stocker.

 

[cobravenom39]

well guys i thinhk i am going to wait..see if i can sell my car outright first, and save and put some money down on one..plus i would like to buy a stocker.

I think you're better off that way. Sell your car outright and buy a Cobra that's already modded(w/o the tick or piston slap). You'll be better off and not pay throught the ass.

 

[cobraj]

That car is pretty nice, Its already lowered too. Did he tell you what springs he is running??