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Real-World Trade-In Values

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Comments

  • seank2seank2 Brunswick, GeorgiaPosts: 70

    In the continuing quest for a new work, road warrior vehicle, the Lexus guys in Jacksonville are quite eager to unload that Cerulean Blue ES350 I posted about last week. Listed at $28,990, came back at $26,990 all in all done. Then $26,500, now $26,000. They've got something north of $25,700 in it, based on Q's auction value and the receipts the dealer has shown me, including $850 worth of tires and a new battery. The 0.9% financing makes this tempting, but I'm struggling in my head about the actual payment every month, especially once a roll the negative I have into the loan.

    So, the next contender is a 2011 Toyota Avalon Limited. Classic Silver over light grey leather. The Limiteds only come loaded, and it does NOT have navigation. Everything else: heated and cooled seats, dual auto climate, xenons, sunroof. Obviosuly, 3.5 V6, 6AT, the only way they come. It is a Toyota CPO car, as well. 44,xxx miles

    This one is located at the Toyota Store in Valdosta, Georgia, and the carfax says they sold it new. List price on the website is $24,331. The internet manager at that dealer is the niece of my paralegal's husband. Since I'm not above using the connections when I've got them, she gave me a bottom line price of $22,980, which seems like a fairly strong number.

    Details here:

    http://www.valdostatoyota.com/preowned/index.cfm/page/certified/action/view_2011_toyota_avalon/vehicle/4T1BK3DB8BU379076/

    The Lexus is tempting, but saving $3,000, especially over 36 months of payments, is hard to ignore too.

    So, how is the number on the Avalon?

  • explorerx4explorerx4 Central CTPosts: 9,693

    The $850 for the Lexus includes the tires and the battery. I hope.

  • qbrozenqbrozen Posts: 17,325

    yeah, its $3k less, but its also a badge-level lower and 10k more miles. Does the 'yota also have 0.9% financing?

    Avalon would be somewhere in the $21k zip code at the block. So its a good price.

    I just wonder how the 2 will stack up 3 years from now.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • haydellameliahaydellamelia Posts: 21

    Hey qbrozen…looking for some advice.. Looking at a 2011 GMC C1500 SLE Grayish Green in color 47,482 miles "ASKING" price is $26,900

    The carfax only has 2 service records available, so not sure if that should be a concern or not.

    Deciding between the 2010-2013 GMC Sierra 1500 Crew Cab or 2010-2013 Ford F150 XLT Crew Cab. Not sure which one would be a better choice.

  • qbrozenqbrozen Posts: 17,325

    I need more info. There are a couple dozen combinations to choose from.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • breldbreld Posts: 1,309

    Alright - getting serious enough about this one to ask the wise ones here:

    In Denver, 2013 BMW 528i xdrive, auto tranny, 20k miles, one owner, clean carfax, clean car overall. Deep Sea Blue over Oyster interior. Premium, Cold Weather and Tech packages.

    At a Land Rover dealer, so not CPO - originally listed at $41,500, now down to $38,500.

    With a little prodding, they said they could knock off another $500, so we're at $38,000, plus their high D&H of $795, so let's just call it what it is and say $38,795.

    Based on my research and what else is being offered in my area, seems very competitively priced, but always like to check in with you all.

    2011 BMW 535xi - 2015 GTI - 2008 A3 - 2009 Ody

  • breldbreld Posts: 1,309

    And any insight into the market for recent model Lexus ES350s? (Yes, I know - cross-shopping 528s and ES350s???!?)

    Looked at a nicely equipped one as follows:

    2013 ES350, 20k miles, CPO Gray over black leather. Luxury package, navigation, BSM, etc. (so nicely equipped - about $45k MSRP originally).
    Lexus dealer has it listed for $36,991 - didn't bother trying to negotiate on it, but seems $1-2k high, but as was pointed out in earlier posts, Lexus dealerships in general are very proud of their product).

    2011 BMW 535xi - 2015 GTI - 2008 A3 - 2009 Ody

  • qbrozenqbrozen Posts: 17,325

    there is a gap in the data between 15k and 30k miles, but best guesstimate is $34k-$35k. I'd imagine someone traded it in and probably got hosed at the low end of that. I wouldn't want it for more than $37k, personally.

    Lexus is in about that $34k number, too, so $37k CPO seems quite good from where I'm sitting. Although, to be thorough, almost all the ones I'm seeing are in parts of the country that don't see snow, so maybe that's making a difference in Denver.(?)

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • breldbreld Posts: 1,309

    Thanks q!

    So a $55k 528i xdrive and a $45k ES350 (MSRPs) end up being around the same value after the same 18 months and 20k miles?

    So what's the takeaway from that? The BMW is a better used value? Lexus really does live up to its resale reputation?

    For similar money, seems you're getting a lot more with the AWD 5 series, more appropriately competing with the GS in the Lexus lineup. But I guess they're worth what they're worth.

    Thanks again - very insightful. Particularly since I was thinking the BMW was actually better priced. Good to know the Lexus dealership is actually being reasonable.

    2011 BMW 535xi - 2015 GTI - 2008 A3 - 2009 Ody

  • sbuhlersbuhler Posts: 93

    Hello: I would appreciate a trade/wholesale value for the following: 2012 Mazda CX-9 Grand Touring AWD 19,500 miles Pearl White Bose, Power Liftgate, Sunroof Excellent Shape Louisiana

    Thanks!

  • qbrozenqbrozen Posts: 17,325

    almost all of the AWDs have been here in the northeast, so your findings at the dealership may vary ... I'm seeing about $25k for it.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • sandman_6472sandman_6472 Coral Springs, FLPosts: 2,663

    Just curious about our situation. The wife's Mazda3s has 133k on the clock now and the a/c is on it's last legs and was wondering when we trade it, will she get more with it working or without? Personally, I hate to put anymore $ into it besides oil changes/rotations because even though it still runs nicely besides the wonkey a/c, just think it's throwing it out the window. It will need new tires within 20k miles for sure and am figuring if she decides to fix the air and then do the tires, might as well keep it for another year...if she throws another $1k at it, might as well just go for it and keep the bloody thing. Is this nuts or what???

    The Sandman :( B)

    2014 Hyundai Tuscon SE/2005 Mazda 3s/2008 Hyundai Accent GLS/2009 Nissan Versa SL hatch

  • nyccarguynyccarguy Stamford, CTPosts: 7,577

    @sandman_6472

    The AC in that car has been giving you problems for the past 3 years. You live in FLA, AC is a car's MOST IMPORTANT FEATURE.

    2001 Honda Prelude Type SH/ 2011 BMW 328xi / 2011 Honda Pilot EX-L w/ Navigation

  • stickguystickguy Posts: 14,458

    won't probably make much difference, since they aren't giving you jack diddle on a trade in anyway.

    have you ever actually had it diagnosed to find out what it will cost to repair?

    but if you do fix it might as well keep it a bit longer. It has pretty much bottomed out in value anyway.

    2013 Acura RDX (wife's), 2007 Volvo S40 (daughter stole that one), and 2000 Acura TL (formerly son's, now mine again)

  • qbrozenqbrozen Posts: 17,325
    edited June 4

    well, yeah, a car with everything working is worth more. How MUCH more is the question. Is that a sedan or hatch? I'm assuming automatic, right?

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • breldbreld Posts: 1,309

    Hey there - found another 5-series that I like, probably better than that 528i xdrive. Curious as to how the value compares - 2 model years older, but the 535 model instead:

    Again in Denver,

    2011 BMW 535i xdrive, CPO, 30k miles Premium Package, Cold Weather, Tech Package (navigation, heads up display) Sport package Silver over black leather

    Supposedly one-price dealer, listed at $38,891.

    What are you thoughts on what they have into it, and thus, fair retail?

    Thanks!

    2011 BMW 535xi - 2015 GTI - 2008 A3 - 2009 Ody

  • stickguystickguy Posts: 14,458

    Dang, you are all over the place.

    How about, since you like the Passat, and they have great deals right now, trade up to a V6 Passat SEL. Get all the luxo goodies you are missing, keeping the size, and get the V6 engine like the Lexus has.

    2013 Acura RDX (wife's), 2007 Volvo S40 (daughter stole that one), and 2000 Acura TL (formerly son's, now mine again)

  • breldbreld Posts: 1,309
    edited June 6

    I've thought about it. Would certainly be cheaper than the BMW or Lexus route. Or simply a 1.8T or TDI SEL model.

    2011 BMW 535xi - 2015 GTI - 2008 A3 - 2009 Ody

  • kyfdxkyfdx Posts: 28,679

    TDI leases just got $20\mo. cheaper, this month

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • nyccarguynyccarguy Stamford, CTPosts: 7,577

    $20 cheaper? I like the sound of that

    2001 Honda Prelude Type SH/ 2011 BMW 328xi / 2011 Honda Pilot EX-L w/ Navigation

  • kyfdxkyfdx Posts: 28,679

    @nyccarguy said: $20 cheaper? I like the sound of that

    Raised the residual of every TDI model by 3% over May.

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • qbrozenqbrozen Posts: 17,325

    hmmm... maybe this one? 05/21/14 DENVER Lease $32,500 30,486 Avg TITANIUM 6GT

    They paid about the right money for it. Bimmer CPO is pricey. They've probably got upwards of $36k in it if you figure transport, fees, and cleaning put it over 33k, another $1k bringing it up to CPO standards, if they were lucky, then another $2k-2500 for the warranty cost. These are all guesses, of course. Seems their price is pretty fair, shockingly

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • breldbreld Posts: 1,309
    edited June 8

    Thanks Q - happy to hear the price is fair. I ended up going (as you'll see on the CCBA thread) with a very similar one at a different dealer.

    Same year, color, model, but 10k less miles at 22k miles. Still CPO. No heads-up display, but M-sport package instead of Sport. Paid $1,000 more, but figure it's well worth it for the 10k less miles, considering the miles I put on a car.

    Thanks again for the help - nice to have that extra information when negotiating.

    2011 BMW 535xi - 2015 GTI - 2008 A3 - 2009 Ody

  • rny421rny421 Posts: 7

    Hey guys,

    Long time lurker, but never got around to making an account to participate. I'm thinking of trading in a 2009 Focus SE Coupe. Black, 54,000 miles, New-ish tires (<10k on them), Auto transmission, Sync/Bluetooth, Cruise, Power locks/Windows, Spoiler, Alloys (16"?), No ABS. It does have a scuff over the right rear passenger wheel well that someone hit in a parking lot and ran away. Had it touched up, but didn't go through insurance to make it "like new" though. I think that's about it. Roughly how much could we expect on a trade in? I was thinking ~$7k.

    We're looking to replace it with a 2011+ Volvo S60 AWD (T6 or T5), but want to go CPO since Volvo has a great CPO Warranty. But it seems to me that many of them are overpriced IMO. $27k seems crazy for a 4 year old car, when I can grab a leftover 2014 for ~$37k with the options I want (AWD, xenon, heated seats). Any idea what these go for just so I have a rough idea how much they're marking them up? I'll eventually get around to putting out offers, just wanted to get an opinion here. I like this one in particular: Volvo S60 Thanks!

  • stickguystickguy Posts: 14,458

    2013 Acura RDX (wife's), 2007 Volvo S40 (daughter stole that one), and 2000 Acura TL (formerly son's, now mine again)

  • qbrozenqbrozen Posts: 17,325
    edited June 9

    I'm afraid you are too optimistic on the Focus. It has low miles, but has the damage. You might see $4500-5k on it. Maybe less. No ABS? I wouldn't have thought that was still optional in '09!

    huh. Just looked it up. They are NOT mandatory in the US. I'm very surprised.

    Tell you what, stick, that is a helluva price on that first one. They paid $25,200 for it at auction.

    It doesn't say what trim level the Cali one is, so I can't quite comment on that one.

    I'm not seeing any info to go on with the 2011s, but it looks like 2012 might be the sweet spot anyway. Lots of these at auction with miles between 20-30k and most prices under $20k, which should put a CPO model in your hands in the low $20s. Lower-end models closer to $20k, and higher nicer ones with lower miles closer to $24k.

    The T6 adds quite a premium (like $5k), so I'd avoid that.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • rny421rny421 Posts: 7

    Thanks for the replies. I'm in Upstate NY, but don't mind traveling 500 miles or so to get what I want. LA Might be a little far unless I had it shipped, but then I'm out $1,000 for that, so the savings would probably be minimal in the end. Maybe not, I'll expand my search a bit to see what's out there. It also seems impossible to find xenons in the S60. Even some of the higher end T6 models with Navigation don't have them, let alone the T5s. I know this has been discussed before, but it's still beyond me why people pay $30k+ for a premium vehicle without xenons. It "cheapens" the vehicle to me. To each their own I guess.

    I Would love to be in the lower $20s for one, but I can imagine the dealer's response to a $23k offer when they're asking $28.5k (as ridiculous as their price is). Ouch on the Focus trade in estimate. I knew their resale was bad, but didn't think that bad! It's actually been a pretty good car, but we're just looking to upgrade. The truth hurts I guess, haha. @qbrozen, are you an auto salesman by chance? I only ask as you obviously have access to some sort of auction database.

    Thanks guys!

  • stickguystickguy Posts: 14,458

    Where upstate? King of Prussia car max is any easy shot down the northeast extension from 81.

    And to me, I don't care either way about xenons. But as always YMMV

    2013 Acura RDX (wife's), 2007 Volvo S40 (daughter stole that one), and 2000 Acura TL (formerly son's, now mine again)

  • qbrozenqbrozen Posts: 17,325

    No, I'm not. Just have friends in high places. :)

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • roadburnerroadburner Posts: 6,482

    I'm more nosy than anything, but what do you think that this 2011 MCS JCW is worth?

    2009 328i / 2004 X3 2.5/ 1995 318ti Club Sport/ 1975 2002A/ 2007 Mazdaspeed 3/ 1999 Wrangler/ 1996 Speed Triple Challenge Cup Replica

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