Why do Lincolns lose so much value SO FAST!?

Asked by Jan 23, 2013 at 12:32 PM about the 2010 Lincoln MKT 3.7L

Question type: Shopping & Pricing

I got a Lincoln MKT a couple of months ago and made 8800 on my trade in ... i have decided i want my bigger suv back and now i am here with car dealers telling me i am upside down 3,000 ! I didn't over pay too much .. checked it all out before i bought! its a fully loaded 2010 with 16,000 miles !

4 Answers

Trade in is the keyword, You could have gotten far more selling it

2 out of 2 people think this is helpful.

i don't even know where to start selling it ? i just posted a thing on cars.com, but other then that.. i don't know .. i have had many cars and i have never lost anything on a trade it ... this is taking me for a loop !

You can try craigslist, but beware it is infested with scams, if you list it you will get several people that will say "I want the car. I will but it right now. So, before somebody else gets it, give me your bank account number and I will deposit the money today and have it picked up". Uh huh, right. Your local newspaper? maybe? Long distance selling/buying is a great risk. Put a sign on it and park it near a high traffic area, the cops will make you move it after a day or 2 however.

2 out of 2 people think this is helpful.

yeah i was thinking that too ... i figure something out .. Thanks !

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