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Real-World Trade-In Values



  • nyccarguynyccarguy Stamford, CTPosts: 7,979
    No. They are actually buying a 2013 X5. The BMW dealer actually is giving them more than the Porsche dealer. The Porsche dealer offered $35K @ 1st, then said they were "all in" @ $36K. The BMW dealer offered $36K & said they are "all in" @ $37,500. I was hoping to get $39K for it, but there's only so much they are willing to pay since they are selling the new X5 at invoice minus $2K incentive. Can't win em all.

    They aren't the only Porsche Dealer, but after thinking it through, my parents decided they'd like the scheduled maintenance plus they like the way it drives & have a great relationship with the service manager at their local BMW dealer.

    2001 Prelude Type SH, 2011 Pilot EX-L 4WD, 2015 Subaru Legacy 2.5i Premium

  • qbrozenqbrozen Posts: 17,664
    ah. So strange. Really sounds like both dealers are selling it to a wholesaler, who will then send it off to auction. When you work in a 3-tiered system, it gets ugly for the original seller (your folks, in this case).

    that's what happened with my BMW and my previous V70. They were passing them off to wholesalers and the trade wasn't up where I wanted it to be. But then go back to my Infiniti, and that dealer thought it would do great on his lot, so gave me WAY more than I expected. That wound up sitting on his lot for quite a while. No idea what ultimately happened to it.

    So, sometimes you win, sometimes you lose.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • Hi:

    Just found this forum mention elsewhere and am thrilled it exists. Bought this car certified used in 2010 with 37k miles and am looking to get a newer Accord in the next 6 months.

    Trying to decide if it is worth trying to trade-in or private sale. I plan on taking it to the dealer I bought the car from to see what they will give me but am looking for a benchmark to make sure I am not getting ripped off. They constantly email me wanting to buy the car but I still owe money on it and I want to make enough on it to pay it off and have some left over for a down payment.

    Details below. Thanks in advance!

    Location: Westchester County, NY
    Year/Make/Model: 2007 Honda Accord LX
    Body Style: 4dr Sedan
    Engine: 4 cylinder, automatic
    Driveline: FWD
    Color: Gold exterior (I think they call it Desert Sand or something); Tan cloth interior
    Major Options: Standard options
    Condition:A couple of very minor dings on exterior. Interior is not pristine but about what would be expected for light tan fabric. No rips or anything like that.
    Tires - Replaced all four about a year or so ago
    Brakes - Fronts redone in 2012, rears about to be done
    Maintenance - I work part-time for a mechanic so I get it regularly maintained
    Other: N/a
  • qbrozenqbrozen Posts: 17,664
    Its going to depend on what the dealer wants to do with it. You would think a Honda dealer would want to hold onto one with low miles like this to sell themselves, in which case they might step up to $7500-$8k on it.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • Just got a new job with my County and am making much less money. I could keep my car, but it just doesn't make sense to keep paying it off with what I'm making. Food is more important(LOL). Want to trade in, use some of money towards a lease(not too much) and pocket the rest to supplement my income til my next pay grade.

    Long Island, NY
    2010/Infiniti G37x w/ 16,700 miles Dark Grey/Black interior
    Premium Package

    Near Excellent condition, no body work, windshield replaced last week due to rock chip, brakes all replaced 3,000 miles ago(Back had 2mm left on them and got them to replace the fronts as a warranty issue). Warranty good til 8/2014

    Was looking for a real world value since it has such low mileage. Of course I know that if I trade it in I will get less money than if I sold it privately, but I also know to take what a dealer offers and add tax to it to see what I would save on taxes on the new car. Question is, the amount of tax on my trade in will surpass the tax owed on a lease, what happens with the excess money in taxes on the trade-in? Do they apply as down payment? Or do I just eat it?

  • sbuhlersbuhler Posts: 100
    Would appreciate current wholesale/trade on the following:

    2008 Honda CRV EX
    Light Blue
    Very good condition
    Tires less than 6 months old
    Very few scratches
    73,500 miles

    Location: New Orleans, LA Area

  • qbrozenqbrozen Posts: 17,664
    tax savings on a trade is a credit, not a refund, so you only benefit by as much as you use on the new car.

    As for your car, about $21k-22k for a 2-door or about $19k-19,500 for a 4-door.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • qbrozenqbrozen Posts: 17,664

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • Would appreciate current wholesale/trade on the following:

    Location: Boston, MA

    2013 VW Golf R 4dr
    13,000 miles
    Practically new condition

  • qbrozenqbrozen Posts: 17,664

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • sandman_6472sandman_6472 Coral Springs, FLPosts: 2,810
    Just curious about a price for my '06 Honda Civic.

    Ft. Lauderdale
    2006/Honda/Civic LX
    4 Door Sedan
    1.8 Engine
    Galaxy Gray/Gray
    Alloys Off A '05 Civic SI
    New Front Pads/Rotors Last Week
    New Rubber 1 Year Ago
    Vehicle Looks brand New But Rear Bumper Has Some Nicks From Garage Door; Up To Date On Maintenance; New Headliner; Amp In Trunk With Newish Speakers And Tweeters.

    A really nice vehicle that should probably not go to a dealer but straight onto Auto trader. I know this is a 7 year old vehicle, almost 8 but the miles are low and I have kept it up nicely and get stopped frequently and asked if it's this years model. Would love to get $11k but know that is foolish. What say the master here as I'd really love something new and FUN!!

    The Sandman :) :sick: :shades:

    2015 Audi A3 (wife)/2015 Golf SE (me)/2009 Nissan Versa SL Hatch (daughter #1)/2008 Hyundai Accent GLS (daughter #2)

  • qbrozenqbrozen Posts: 17,664
    edited September 2013
    That's an automatic, right?

    I have nothing to compare it to.

    the above average examples with 75k miles are doing $7500-$8k. Those will wind up retailing for damn near $11k, so I don't see why you couldn't do that with yours.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • sandman_6472sandman_6472 Coral Springs, FLPosts: 2,810
    Yep, I don't row my own gears so a slushbox it is. Not that I would sell right now, but for the right figure, I'd do it and either get something a bit older for a couple of years or just get new/cpo. Was online this afternoon looking at what the local Yota dealer has used and he has a lot of nice stuff for under $20k, even a nice 3 Series , a 2010 I think with miles in the low 30's in a light blue color...very sweet! Also had a bunch of Jetta SE's with miles under 20k in the mid to high teens. Like I say, not that I am actively looking but for the right price, I'd cut the Civic from the herd in a heartbeat. I've done the Honda thing now and I'm done with them...great reliability though and I know it'll always turn over when I start her up, but to be honest, I do not wait until the battery is near dead, by year # 3, I am usually throwing another one under the hood as I do not want the hassle of having to call roadside. And to be honest, the South Florida heat usually eats batteries every 3 to 4 years anyways so I just do it a little before it needs to be done but I like preventative maintenance done as I just sleep better this way. Foolish, maybe yes, maybe no but hey, it's my dough and we do not live an extravagant life by any stretch here...we live below our means and owe no one anything. Would love to leave the kids something eventually but if not, such is life and they all know this up front.

    The Sandman

    2015 Audi A3 (wife)/2015 Golf SE (me)/2009 Nissan Versa SL Hatch (daughter #1)/2008 Hyundai Accent GLS (daughter #2)

  • robbiegrobbieg Posts: 327
    My sister traded in a 2002 Civic LX 4 door with even less miles about 6 months ago and she got 6000 I think.
  • seank2seank2 Brunswick, GeorgiaPosts: 71
    While trying to decide how much more use I want to get out of the warranty on my current vehicle, I spent some time wandering the lots in my small town. Being in rural South Georgia, once I got past all the trucks and SUVs, I found a few things of interest, primarily this:

    2010 Acura TL
    3.5 V6, 5AT, FWD
    NOT the SH-AWD
    NO Tech pack
    champagne over beige leather
    31,3xx miles
    I think everything else is standard:
    dual auto climate, heated front seats, slider
    AM/FM/XM stereo

    Carfax shows a one owner out of suburban Philadelphia, by way of the Honda sale at FAAO.
    Overall in above average shape. The bumpers show a little evidence of life on the streets of Philadelphia, but otherwise nothing a visit to the detail shop won't fix.

    The dealer is 75 days into this, having bought it at the end of July, so they are getting motivated to move it along.
    Asking price is $23,185, which seems to be in line with the others on offer in Jacksonville, FL.

    This is at THE Honda dealer in Brunswick, Georgia, 60 miles north of Jacksonville.
  • Houston, Texas
    2007 Ford Edge SEL Plus
    4DR Crossover SUV
    3.6L V6, 6SP Auto
    29864 Miles
    Ext Color: Silver
    Int Color:Black Leather
    Options: 18in Chrome Clad Wheels, Panoramic Vista Roof, Reverse Sensing System, Satellite Radio Equipped, Audiophile 6 Disc In-Dash Changer

    Thank you in advance!!
  • qbrozenqbrozen Posts: 17,664
    hmmm... well, there was one in PA that is similar to this that sold 3 weeks ago for $18,800; however, there is another with the same miles and color that sold 2 weeks ago in Orlando for $20,400.

    Looking across the numbers, it looks like the average is around $20k.

    So their price is reasonable enough. Any extra off is just bonus.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • qbrozenqbrozen Posts: 17,664
    wow. I have nothing to compare it to with those miles.

    Best ballpark guess is $14k.

    That's a 3.5 liter, BTW.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • seank2seank2 Brunswick, GeorgiaPosts: 71
    Thanks for the help.

    The Carfax shows it "offered for sale" at the same dealer that has it on 8/27/13, but doesn't show where they got it from. My guess would be Orlando, because this dealer is part of the big group based in Atlanta (that starts with an S, and the family sold their namesake dealers except this one to Asbury), and since they're based down here, PA is a long way to go for an auction.

    VIN ends in 024305 if that's any help.

    I'm glad they're reasonable on their numbers, unlike the Hyundai dealer that quoted me $8,000 OVER their website price on a non-CPO Genesis. Needless to say, I won't be going back.
  • qbrozenqbrozen Posts: 17,664
    well, who knows? They could have gotten it on trade or from another dealer. I do wonder what the percentage of vehicles is that actually go through manheim. Would be a good number to know.

    Good luck with your purchase.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • koctailzkoctailz Posts: 76
    edited October 2013
    I am looking at purchasing a used 2010-13 i Grand Touring and s Grand Touring. I am curious as to what auction results are for these vehicles as well as general idea of a fair dealer retail value. I understand these vehicles depreciate fairly rapidly. Oh and I am in CA.
  • ohenryxohenryx Posts: 285
    edited October 2013
    I do wonder what the percentage of vehicles is that actually go through manheim. Would be a good number to know.

    You made me curious, and I did a little online searching.

    This article which appears to be from 2010 says:

    “Nearly 10 million used vehicles were sold through auctions last year, according to Manheim Auctions”.

    And Wikipedia says, “In 2005, about 44 million used cars were sold in the U.S.”

    This article from February of 2013 says: 8f34-32fc16cbfebc

    “About 40.5 million used vehicles changed hands last year.”

    From this, we can infer that about 1 in 4 used cars go through the auctions.
  • qbrozenqbrozen Posts: 17,664
    but we can't infer those were specifically Manheim auctions.
    The quote was from Manheim, but they just said "through auctions," not "through OUR auctions."
    I'm a very picky fact checker. ;)

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • qbrozenqbrozen Posts: 17,664
    Please narrow it down.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • OK, how about just 2011 Mazda 6 iGrand Touring and sGrand Touring in CA.
  • qbrozenqbrozen Posts: 17,664
    About $12k-$13k auction for the i with 35k-40k miles. Figure $15k-16k retail. Add a whopping $3k for the S.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • kbs22kbs22 Posts: 9
    Sacramento, California
    2011 Honda CR-V LX
    4DR Crossover SUV
    2.4L I4, 5SP Auto
    30123 Miles
    Ext Color: Glacier Blue Metallic
    Int Color: Tan Cloth
    Options: Stock + roof rack
    Exterior: one minor dent on outside door, normal scratches on bumpers, couple scratches, tires 80% worn, brakes never changed, all scheduled maintenance has been completed.
    Interior: Some scratches on interior plastic, good condition otherwise.

    Love the car, just looking to trade-up for something a little more feature packed.
  • igozoomzoomigozoomzoom Waleska, GeorgiaPosts: 797
    Location- Atlanta, GA area
    2012 Mazda CX-9 Grand Touring
    3.7L V6, 6-speed Automatic, FWD
    16,000 miles
    Crystal White Pearl w/ Sand Leather
    Options- Moonroof/Bose Package (also includes Power Liftgate)
    Condition- Excellent, no dings, scratches or blemishes inside or out
    Purchased NEW 10 months ago and garaged every night
    Maintenance- Oil Change/Tire Rotation every 5k miles by dealer
    No prior damage of any kind

    What could I expect trading it on a $35k Jeep Grand Cherokee or Dodge Durango?
  • qbrozenqbrozen Posts: 17,664

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • qbrozenqbrozen Posts: 17,664

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

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