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Originally Posted by gwallis
Yea the dealers do not want any cars right now. Its best to keep a car instead of trade. If you must get new, ask for huge discount, keep the old one too!
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The one good thing is I got a very good deal on my '05 X5 after my 4runner was totaled last month. Generally, I would be looking for another toyota for my tow vehicle.
Currently a lot of cars coming off lease where the residuals are higher than the market value. Doesn't make sense to buy, or the companies don't have cash to purchase even a a lower price. Terrible time to sell, but good deals if you are a buyer.
