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Real-World Trade-In Values

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Comments

  • ivylucyivylucy Posts: 12

    I should also note, that we purchased our Vue from the same dealership almost two years ago... The sticker price on it was (if memory serves correctly) $8000... We paid $5250 OTD with a junk trade in ('99 Oldsmobile Alero... Had transmission issues, no heat or AC, one of the back windows wouldn't roll down, and the cam shaft in it was bent. I think they gave us $500 trade in value for it.) So we got that one for almost 1/2 off the sticker price too.

  • stickguystickguy Posts: 15,072

    4 rear facing car seats? That must be tiring! But IMO any mid size SUV is going to be too small or a nightmare to deal with using one in the third row. Plus no room for strollers. Sounds like suburban territory.

    Actually sounds exactly like you need a minivan for your application. They really aren't that bad!

    2013 Acura RDX (wife's) and 2007 Volvo S40 (mine)

  • suydamsuydam Posts: 1,001

    I would consider looking for a Chrysler minivan that will run a long time, have plenty of room, and get you out of trading a diminishing asset every 2 years or so. They are cheap but you do have to get them checked out carefully (as with any used car).

  • nyccarguynyccarguy Stamford, CTPosts: 7,782
    edited July 7

    Good morning @qbrozen. Can you tell me what I can expect as the trade value on the following:

    2013 BMW X5 X-Drive 35i Premium Black Sapphire Metallic Black Leather Interior Premium Pkg, Tech Pkg Never Hit 9/10 Exterior 9/10 Interior 15,500 Miles AWD/Inline 6/Automatic NYC Suburbs

    Thank-you as always! Hope you had an excellent 4th of July Weekend!

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

  • qbrozenqbrozen Posts: 17,540
    edited July 7

    ivlucy, I strongly urge you to think again about a minivan. I really have no idea how you strap kids into rear facing seats in an SUV. I mean, here are the steps as I see them: 1.remove one of the rear-facing middle row seats; 2.fold said middle row; 3.climb in with child in arm; 4.swing child over seat and strap him/her in; 4.repeat steps 3 & 4; 5.reopen middle row; 6.reinstall child seat...and so on.

    At least with a proper minivan, you can walk between the middle-row captain chairs so there is no need to remove a child seat to fold the 2nd row.

    Unfortunately, you are looking at around $500 for your current vehicle. They would have around $6500-$7k into that '07 you saw. So my guess of $8500 was even optimistic.

    Avoid the older Chrysler/Dodge minivans. Transmissions are notoriously bad in those. If I needed an inexpensive 3-row vehicle, I'd be looking for a low mileage Mazda MPV.

    And I'll just be brutally honest. With 4 little ones to deal with, you ARE a soccer mom. Get used to it. Hell, we only have 2 kids, but once I finally got my wife to concede to a minivan, she refuses to consider anything else.

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

  • qbrozenqbrozen Posts: 17,540

    thanks, nyccarguy. you, too.

    That's a mighty young X5. Why the change of heart? Figure about $46k, give or take a nickel.

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

  • nyccarguynyccarguy Stamford, CTPosts: 7,782

    @ivylucy

    Definitely go with a Minivan. You will not regret it. Everyone who has a Minivan loves the space and practicality. We have 3 kids and a 2011 Honda Pilot. I was gung ho about buying an SUV partially because I need the 4WD where I live (CT), but also because I thought it was "cooler" than a Minivan. Well, I can tell you that we are happy with our Pilot after 3 years and over 51K miles. It ain't any cooler than a Minivan. They are just as ubiquitous. There are many times when I have said to myself "you should have gotten a minivan." Try pulling my 7 1/2 year old & 5 year old out of the 3rd row when they are fast alseep.

    @qbrozen

    It is my Mom's. She picked it up at the end of the MY last year right when the new body style was coming out because maintenance costs & looming repair costs of her beloved 2011 V6 Cayenne were out of control. She misses the blind spot alert, doesn't like the BMW's Navigation, doesn't like the X5's backup camera, says the seats aren't as comfortable as the Porsche, & the "keyless go" has a mind of its own. The car has locked her out a few times. Once with my kids in the car. My 5 year old was able to unbuckle himself and unlock the door rather quickly.

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

  • stickguystickguy Posts: 15,072

    Bradd, go say hi to Richard. He misses you.

    2013 Acura RDX (wife's) and 2007 Volvo S40 (mine)

  • nyccarguynyccarguy Stamford, CTPosts: 7,782

    Will do!

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

  • paulhuangpaulhuang Posts: 63

    Thanks Mr_Shiftright. Have sent out some inquiries to appraisers about a diminished value claim. There is enough money on the table I will need to do the work and get it because I know my car is not worth as much as it used to, and I was on the cusp of trading for a minivan too!

  • ivylucyivylucy Posts: 12

    We don't have four little ones yet, but worse case scenario lol. We have 2 year old b/g twins right now. The third row right now probably wouldn't be utilized a whole lot right now, but if we needed it, it would be there. We rarely haul around a stroller, so that's no big deal either. I rarely leave to go anywhere by myself either, 99% of the time I have either the hubs or my brother with me. I just really want a vehicle with 3 rows of seating so I don't have to car shop for a LONG time. I've looked into basically everything else with 3 rows of seating (including mini vans, had one before and hated it) and most everything is out of our price range or is a van. We also can get ridiculously brutal winters in Illinois, so an AWD or 4x4 vehicle is a must have for us. Finding those features in something besides an SUV is kind of hard. I really do appreciate all of the input though!

  • nyccarguynyccarguy Stamford, CTPosts: 7,782

    @ivylucy

    I'd recommend a Pilot. The current body style has been around since 2009. Mechanicals are solid. It might cost you more than these used FWD Saturns you are looking for, but it should hold up longer. Keep us posted.

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

  • qbrozenqbrozen Posts: 17,540

    hmmm... but the '07 you posted, ivylucy, was FWD. So I'm a bit confused.

    Sounds to me like you don't need anything different right now, so my final suggestion is to keep saving up until you really do need to make the switch.

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

  • ivylucyivylucy Posts: 12

    Sorry, I meant to add FWD is acceptable too, qbrozen. We do need to get SOMETHING different though, because the Vue is starting to hve several things go out on it. We have already had to spend nearly $1000 on things for it this year (excluding things like tires and oil changes/tune ups/general maintenance.) I think we're also starting to have transmission issues, and that is a known issues with the Vue. I guess it isn't in as good of condition as I originally thought... nycarguy, thank you for the suggestion! I've been looking into the Pilots as well, but I haven't been able to find any locally within a decent price range. I'm willing to finance a portion of the car if we could find something we liked that was in a decent range... I know that $6000 is a hefty down payment for a used car though if we finance. I just worry about paying more than the car is worth if we end up financing. Plus it's really hard to get a loan for a small amount without the contract being way longer than necessary.

  • qbrozenqbrozen Posts: 17,540

    You've got a vehicle with 150k miles and you are looking to trade for another with 150k. Reliability is not exactly going to improve.

    BTW, early Pilots have a known transmission issue, too. Not widespread, but something I'd definitely be concerned about when you are looking at examples with so many miles.

    I know you don't want to hear it, but Here is your car. 3 rows, automatic, under 100k, cheap, and (per MSN autos) good reliability. Yeah, its ugly. But at this price point, its function over form. Their price is pretty fair. Maybe could get $500 off. Or get them to give you $1k for yours. Either way.

    Or, a more respected nameplate for a couple grand more. This example is way overpriced. $6k OTD is within grasp before even factoring in your trade.

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

  • stickguystickguy Posts: 15,072

    Kia is cheap. If clean, an excellent deal. I also love the MPV. Especially with a moonroof on the ES. One like that below 5k, with the 3.0l engine, could make a fine spare car.

    2013 Acura RDX (wife's) and 2007 Volvo S40 (mine)

  • indiesindies ArkansasPosts: 2

    Hi there, I'm new to the forums and was just curious to get a trade in value on a 2011 Audi Q5 3.2L Premium Plus SUV. Below are a list of the specs and options:

    Mileage: 60,000 Clean Carfax History, 2 Private Party Owners, Audi CPO Warranty for 100,000 miles or till February 2017 Exterior: Brilliant Black Interior: Cinnamon Brown Engine: 3.2L 270 HP V6 Engine with FSI Direct Injection Transmission: 6 Speed Automatic with Tiptronic S Line Package Audi MMI Navigation Plus Package Panoramic Glass Sunroof Audi Parking System Plus w/Rearview Camera and Sensors iPod Integration/Bluetooth Phone Pairing Bang & Olufsen Premium Sound System HD Radio/Sirius Satellite Radio with Realtime Traffic Updates Single CD/DVD Player w/ HD Jukebox Leather Heated Seats Xenon plus Headlights with LED Daytime Running Lights Color Driver Information Screen Power Assisted Liftgate Auto Dimming Mirrors and Rain/Light Sensing Wipers/Headlights

    Excellent condition with no mechanical issues or repairs needed.

    Recently had new rear OEM brakes put on from Audi dealership and had new front Audi OEM windshield installed due to a chip I got from a rock on the interstate. All scheduled maintenance and service performed at local Audi dealership.

    Located in Arkansas, thanks!

  • ivylucyivylucy Posts: 12

    I know it doesn't have 3 rows of seating, but I'm possibly considering purchasing something that will be good for us for now, and just trade in come tax time this year or next year (depending on if we have more kids between now and then.) I'm considering an '06 Ford Escape Hybrid with 98,696 miles, and it's white. It's the base FWD model. What should I pay for it? Are they good and reliable cars? I don't know a whole lot about Ford's, simply because I've always driven Saturns. It was what my first car was ('95 Saturn SL SOHC) and it's also what my second car was (my current '03 Vue.) Any advice for me? Sorry to be picking all the brains here so much!!

  • nyccarguynyccarguy Stamford, CTPosts: 7,782

    "...but I'm possibly considering purchasing something that will be good for us for now, and just trade in come tax time this year or next year"

    While I can't speak to the reliability or durability of an 8 year old Escape Hybrid with close to 100,000 miles, I can tell you that trying to buy a car to get you through a year isn't going to end well.

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

  • ivylucyivylucy Posts: 12

    We may end up keeping it longer, I don't know... I just know we need to do something and buying new isn't an option for us, or else I would. The husband and I both have crap credit so there's no way we could even get approved for a loan either... I'm just petrified we're going to get pregnant with another set of twins (it's the genetics on my side of the family, I'm the 4th generation of women having had multiples, so it's a legitimate concern) and we won't be able to fit everyone in whatever vehicle we decide to buy right now. If you feel that buying a car to get us through until we have a higher price range won't end well, what would you suggest doing? I'm really trying to kill two birds with one stone in finding a vehicle that would accommodate at least a family of 6, but truthfully one that would seat 7 or even 8, but things aren't panning out for me very well at all. UGH. Sorry for the whole life story there!! :)

  • qbrozenqbrozen Posts: 17,540
    edited July 9

    I'm just petrified we're going to get pregnant with another set of twins

    You know, they make many products to prevent pregnancy that are far far cheaper than a car. Just sayin'.

    As for the Ford, I can't really speak to the reliability, but I have considered getting one myself because they are pretty darned cheap on the used side. As are Vue hybrids, BTW. Anyway, that one is going to run you $6k-$6500.

    If you really are looking for a stopgap measure, why not the Kia I posted? If you keep your purchase price down under $3500, you at least protect your downside on most vehicles. If you have the cash on hand, buy private party and look for repair receipts. Then sell your Vue private party. Lots of folks would jump at a $1500 SUV regardless of the repairs needed.

    I buy and sell $3500 cars pretty often and never lose money as long as I take care of it.

    @indies‌ - That's a lot of miles on that particular vehicle. And having 2 owners already is not going to make the used car manager all too happy. Probably looking at $26k.

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

  • indiesindies ArkansasPosts: 2

    @qbrozen Thanks! I appreciate your advice and for you taking the time to respond. Have a great day.

  • breldbreld Posts: 1,349

    On the Audi, keep in mind the CPO warranty only transfers to a private buyer. So it doesn't mean anything to a dealer taking it on trade. Learned that when I was selling/trading my A5.

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

  • dan436dan436 Posts: 8

    Hi guys Hoping you can tell me what to expect on my trade /private party sale. I have a 2011 pilot touring. It is white, very good condition with 31,000 miles. Has rear entertainment. Thanks for the consideration.

  • nyccarguynyccarguy Stamford, CTPosts: 7,782

    2WD or 4WD? Where in the country are you? How come you are looking to ditch it?

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

  • dan436dan436 Posts: 8
    edited July 12

    4WD, Navigation live in IL and my lease is up.

  • nyccarguynyccarguy Stamford, CTPosts: 7,782

    @qbrozen

    What do you think? $22K?

    @dan436

    What is your end of lease buy out? I'm sure it is worth more. Wait for qbrozen to respond. You've come to the right place.

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

  • qbrozenqbrozen Posts: 17,540

    Should be in the $25k range with those miles

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

  • nyccarguynyccarguy Stamford, CTPosts: 7,782

    @qbrozen

    My parents walked out of the MB dealer. They were offered $39K for the X5! They are going to keep shopping;). Thanks as always for your help!

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

  • buster6buster6 Posts: 104

    Hi,

    Hoping you guys can help me peg a trade in value on my SUV. I am in Phoenix.

    2013 Chev Equinox LTZ V6 FWD--19k miles White with Grey/Black interior Nav, Chrome rims (factory), moon roof and towing pkg

    Thank you in advance for any info you have

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