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Real-World Trade-In Values

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Comments

  • newdavidqnewdavidq Posts: 146

    Thanks everybody. In the past I've regretted trading in a known quantity for a new shiny unknown one (Grand Prix to a Jaguar} Think I'll keep this one for a few more years!

  • clm8clm8 Posts: 28

    I'm looking to get a trade in value on a 2008 Acura RL with Navigation. 54,000 miles, clean condition, no accidents or dents. Cincinnati area. Thank you.

  • qbrozenqbrozen Posts: 17,695

    roundabout $13.5k-14k.

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

  • seank2seank2 Brunswick, GeorgiaPosts: 71

    I have another estate which I have been appointed to administer, with some fine automobiles that I need to put values on. Location is Brunswick, Georgia, on the coast between Savannah and Jacksonville, FL. We have:

    2009 Kia Spectra LX 4 door sedan. White over grey cloth 39,6xx miles 4cyl, auto AM/FM/CD with iPod connection side airbags No other options, which means it has crank windows, no power locks, no cruise, no slider, nothing else. Thoroughly average in every way. Never garaged, looks like a 5 year old car. To make it even better, the decedent and her sister were both heavy smokers, so it has been well smoked in.

    The second one may be harder to value, and I'm not sure it even runs, as it has been sitting for a good while. But, for arguments sake, let's say it runs and drives.

    1995 Chevrolet Camaro 6 cylinder 5 speed manual 140,202 miles (I presume its 140, as it has a 5 place odometer, and I was told it had rolled over "at least once") "ticket me"red over gray cloth T-tops, which don't appear to leak a/c, power windows and locks all the usual features. This also has sat outside for its entire life in the tropical south. So, no rust, but not well preserved either. Also well smoked in.

    Some real winners, I realize. What say the masters?

  • stickguystickguy Posts: 15,676

    I say crush them both. So I may not be the best person to ask

    2015 Hyundai Sonata 2.4i Limited Tech (mine), 2013 Acura RDX (wife's) and 2007 Volvo S40 (daughters college car)

  • seank2seank2 Brunswick, GeorgiaPosts: 71

    Stick, I don't disagree, especially since I'm the one who has to deal with selling them. But I have to put a value on them for the court, and then I can deal with unloading them. The papers I've found show she owes something like $6500 on the Kia, so it may go back as a voluntary repo, because even though it's February and everyone is getting their tax refunds around here, and buying cars, this one might be a hard sell.

  • qbrozenqbrozen Posts: 17,695

    The Kia's exact twin just went through Dallas auction at a whopping $5100.

    Camaro is worthless. Scrap value to a dealer. They are selling at the auctions for mere hundreds of dollars. Private party? Ask $1200 and take anything over the aforementioned scrap value.

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

  • stickguystickguy Posts: 15,676

    I would have guessed 5k on the Kia after a good airing and detail and 1k tops on the Camarillo if it does not run and drive.

    2015 Hyundai Sonata 2.4i Limited Tech (mine), 2013 Acura RDX (wife's) and 2007 Volvo S40 (daughters college car)

  • seank2seank2 Brunswick, GeorgiaPosts: 71

    Thanks, Q. That gives me something to go on.

  • stickguystickguy Posts: 15,676

    @qbrozen said: The Kia's exact twin just went through Dallas auction at a whopping $5100.

    Camaro is worthless. Scrap value to a dealer. They are selling at the auctions for mere hundreds of dollars. Private party? Ask $1200 and take anything over the aforementioned scrap value.

    Dang, I was close, since I posted my guess before yours came through.

    2015 Hyundai Sonata 2.4i Limited Tech (mine), 2013 Acura RDX (wife's) and 2007 Volvo S40 (daughters college car)

  • qbrozenqbrozen Posts: 17,695

    she owes money on that thing? oh boy.

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

  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,990

    I'd put the Camaro at $1000 and the Kia at around $4500, as is, where is. If you detail the hell out of them, make it $1200 and $4800.

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  • sandman_6472sandman_6472 Coral Springs, FLPosts: 2,816

    Folks need to just not smoke in their vehicles...it stinks them up and that smell is really hard to get rid of. Shame folks don't care for their vehicles...I see it in how they treat the rental cars at the Hertz Local Edition I work at. Folks seriously trash these nice rentals and think nothing of it...I've found chicken bones and other assorted food stuff just left in these vehicles while these folks just walk away as nothing is wrong here. Makes me want to wring their necks because of their lousy attitude of something they just rented and do not own.

    The Sandman :) B)

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

  • seank2seank2 Brunswick, GeorgiaPosts: 71

    @sandman_6472 said: Folks need to just not smoke in their vehicles...

    Sandy, I agree, but in this case, and most others, I don't get the choice. And you think a smoked in car is a hard sell. You should see (smell?) the house. 13 years occupied by two, 2 pack a day smokers. You can literally see the smoke and nicotine in the house. Plus there's the seven (I think, I lost count) cats.

    The public administrator gets all the good stuff.

    Yes, Q, she appears to owe money on the Kia. I secretly hope it might just "disappear" one night with the repo man.

  • suydamsuydam Posts: 1,034

    The Kia will always smell like an ashtray. Who would buy it?

  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,990

    Another smoker!

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  • isellhondasisellhondas Issaquah WashingtonPosts: 17,949
    edited February 14

    In the car business the term is "Smoked Out" and despite what people will tell you, you can NEVER get that odor to completely go away. Fabrese seems to work the best.

    Worse is a strong dog odor or a car that has had milk or a latee spilled on the cloth seats.

    We had to wholesale a couple of otherwise nice trades because of this.

    Far worse than anything is the guy I know who went crabbing with some friends and somehow, a bag of crab got left in his trunk. He actually junked the car.

  • tjc78tjc78 JerseyPosts: 5,025
    edited February 15

    My buddies wife spilled a half gallon or so of milk in his 98 Grand Prix (and it set in for several hours). I helped him tear out the carpet, power wash it, clean the floors etc. On a hot summer day you could still smell it slightly.

    When we first met my wife was a smoker. She occasionally for a few months smoked in her Elantra (always with window open). After she stopped smoking I cleaned the heck out of it, and actually got rid of any smell. I can't imagine a car that was smoked in heavily and the ashtrays used, etc.

    1999 Chevy S10 / 2004 Merc Grand Marquis / 2012 Buick LaCrosse

  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,990

    I'm working on an appraisal and could use some input:

    It's a 2011 Chevrolet 2500 Express Cargo Van, 41,000 miles--it got smacked in the rear to the tune of $4,600 damage.

    Question: If we presume a current retail value of say $16000, how much less would we have to sell the vehicle for, ( if anything less) once we reveal the accident that occurred (or once CARFAX shows "real end collision")?

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  • isellhondasisellhondas Issaquah WashingtonPosts: 17,949

    Hard to say. Some potential buyers will be scared away. Others will use that as leverage in an attempt to steal the car and others simply won't care.

    4600.00 sounds like a lot of damage but given what parts and body shop labor are today, it's really not a lot of damage.

  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,990

    I don't expect the "discount" would be huge on $4600 damage, but it would have to be something don't you think? If we use the classic argument here:

    Two identical vans, side by side, both pristine looking. Only difference is one has a sign on the windshield that says "former rear end collision, $4600 damage, repaired very well".

    It seems reasonable that one would have to sell for less than the other?

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  • robr2robr2 BostonPosts: 8,042

    @MrShift@Edmunds said: It's a 2011 Chevrolet 2500 Express Cargo Van, 41,000 miles--it got smacked in the rear to the tune of $4,600 damage.

    Total humor mode on - It's a Chevy Cargo van. Haven't they all had at least $4600 worth of damage to them? Your's has been fixed - that's an upgrade IMHO.

  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,990

    Well you bring up a good point---perhaps the used van buyer is not as fussy as the used car buyer?

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  • qbrozenqbrozen Posts: 17,695

    exactly what isell said, of course.

    For the purposes of getting an appraisal done, I'd say anywhere from 10-20% hit, depending on how it looks now and exactly what the carfax says.

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

  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,990

    Okay thanks guys! I'm more used to evaluating collision damage on higher line cars--when you smack a Ferrari or Porsche to the tune of $30,000 damage, the value really does take a big hit.

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  • whitallwhitall Posts: 187

    I have a 2014 Nissan Murano that we purchased near Thanksgiving. It has 1800 miles as of today. I HATE having a black car. I am hoping I can trade it in and get the same car in a different color without taking much of a hit. I would consider a demo if it made it even.

    Murano SL AWD with leather and Nav. I had them install remote start as well. Car is still perfect but it is always dirty (winter) and even before the snow it showed every smudge. I am in South Jersey. Any ideas on trade-in value or what a dealer might be able to do for me?

    I think the rebates when I got it were better than they are now. I want a silver or blue but would even take white. I don't know if black is more desirable as far as the dealership goes and whether that would help me. We financed only 10k and we can pay it off early, so that's not really an issue.

    I'm going to post this in the the prices paid forum also and see if anybody has any helpful ideas there as well. Thanks!

  • stickguystickguy Posts: 15,676

    I would say you are going to have to look at another used one to not be many K in the whole. Remember, trade at wholesale, buy at retail. At least if they are effectively swapping one used for another, they might do it for a smaller delta, but at least 1K? for their trouble.

    my guess, once you see the #s, finding a good car wash is going to look like a much more attractive option.

    2015 Hyundai Sonata 2.4i Limited Tech (mine), 2013 Acura RDX (wife's) and 2007 Volvo S40 (daughters college car)

  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,990

    If you could find a good car wash for $10 a week, you would be so much further ahead than trading in, even after 5 years of washes!

    Hey, I had a wild idea! How much does it cost to "skin" a car, and how durable is that?

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  • robr2robr2 BostonPosts: 8,042

    Wrapping a car is about $1500.

  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,990

    I'm hearing that 2-3 years is about longevity, then you peel it off and do it again. Maybe not such a bright idea I had there....:(

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