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Kirkham Motorsports

 
 
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  #15 (permalink)  
Old 01-16-2010, 06:04 AM
gsharapa's Avatar
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Join Date: Oct 1999
Location: Prosper, TX
Cobra Make, Engine: CAV GT40 #169, Ford 408 Stroker & ZF Transaxle
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I'll take a different approach on this. I actually took a trade a couple times. Once took a Kirkham FIA on trade for my GTD GT40 even up. I also traded a Harley and cash for a Cobra once. Last year I decided I wanted to get back into Cobras and put my 2007 Shelby GT500 (black/red stripes) up for sale. Mkt real soft on thoses so I approached a few guys with Cobras on trading my car plus cash. Actually came close a few times, once on a real nice ERA, once on a CSX4000 but had engine I really didn't want and the last one on another CSX4000. I thought this last CSX was going to go through as a Ford dealer was marketing it for a close friend and it was on Ebay and ended up going above the reserve so I lost that deal. One thing to consider, depending on your state, is sales tax. In Texas on used vehicles, you only pay sales tax on the cash difference between the two cars assuming you're the buyer trading for something more expensive. This might be the reason many of you get trade offers as if you are saving paying sales tax you are willing to take a bit less on trading up. Good news for me is I recently sold my Shelby GT500 out right and now can choose what I want which was ordering a new Hurricane.......
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