How Much Should I Pay: 2007 Chevrolet Tahoe
This Is An Update To A Previous Question
Question: Thanks for your help!
I ran across two other 2007 Tahoes on craigslist that I am considering. Expert opinions on these “deals” would also be greatly appreceiated. And I plan to pay cash, in case that can be used as leverage for a lower offer(?).
Year: 2007
Make: Chevrolet
Model: Tahoe 4WD
Trim: LT
VIN: 1GNFK13007R271773 (carfax: clean title, 1 owner)
Miles: 14,811
Notable Options: navigation system, 2nd row bucket seats, security system, leather seats, 3rd row seats
Buying or Selling: Buying
Private Party or Dealership: Dealership
Dealer’s Asking Price: $28,888 (assuming tax and tags not included)
Dealer Zip Code: 94014
My Zip Code: 93611
Year: 2007
Make: Chevrolet
Model: Tahoe 2WD
Trim: LTZ
VIN: 1GNFC13027R121659 (carfax: clean title, used car certified)
Miles: 12,254
Notable Options: navigation system, 2nd row bucket seats, DVD player, leather seats, 20″+ wheels, 3rd row seats
Buying or Selling: Buying
Private Party or Dealership: Dealership
Dealer’s Asking Price: $34,999 (not including tax and tags)
Dealer Zip Code: 94577
My Zip Code: 93611
I would love to know if these are good deals, and if so, what a lowball offer and target price should be.
Thanks in advance!
Queen of the Road: Let’s see… You’re in Fresno and the dealer is in Daly City. That’s quite a commute. The deal better be fantastic in order to have to travel that far. The San Leandro deal is pathetic. You’d have a long way to go with bargaining. Below are Chevy wholesale prices.
For a 2007 Chevrolet Tahoe 4WD 3.5L LT with 14,800 miles, prices range from $27,300 (being in above average condition) to $24,700 (being in average condition) and $22,100 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $24.1k to $29.8k.
$28.8k is too high. Use the “I’m paying with cash” reason to pay wholesale prices. Go as low as possible and if the dealer won’t budge from the $28.8k, then leave. They don’t deserve your business.
For a 2007 Chevrolet Tahoe 2WD 5.3L LTZ with 12,250 miles, prices range from $28,100 (being in above average condition) to $25,400 (being in average condition) and $22,800 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $24.9k to $30.7k.
$35k is beyond ridiculous. That’s approximately a 30% mark up from wholesale prices. Goodluck talking that one down. Have you considered other trucks besides Chevy Tahoes? The 2007 Toyota Tacomas are a grand or two less than the Tahoes.
My advice is if the dealers won’t go lower, then keep looking. Have you tried looking at private seller ads? Private sellers are usually less and many truck/SUV owners are trying to sell their gas guzzlers.
