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Real-World Trade-In Values

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Comments

  • nyccarguynyccarguy Stamford, CTPosts: 7,763

    Your memory is better than you think B). So she dumped the Porsche due to it's high maintenance costs. Picked up a 2013 X5 (previous body style). Initially liked the X5, but it didn't drive as nicely as the Porsche. X5 also doesn't have some of the features (Blind Spot Monitor, Nicer resolution Backup Camera) that she had on the Cayenne. I know it sounds silly, but she got used to having certain things and then started to miss them when they were gone.

    Currently she looked at an ML 350 which she liked (last month) and just yesterday test drove a Jeep Grand Cherokee Limited which she really liked. The dealer has 3 models that are almost identical (Loaded Limited, Overland, & Summit). He's saying the only difference is the Air Suspension which "you only need if you go off road." He's pushing the loaded Limited. Pricing is not a problem as my parents have a friend who is a retired Chryco Employee. He'll give them a Friends & Family certificate. Trade value on the X5 seems exceedingly low. MB dealer offered her $39K. Jeep dealer offered her $31K. Q says $47K is the trade in value. So Mom & Dad aren't going to take a MASSIVE depreciation hit just to dump the X5. So we'll see what happens.

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

  • stickguystickguy Posts: 14,934
    edited August 7

    Heck I'm broke, but I would give her 31k for it,

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

  • kyfdxkyfdx Posts: 29,801

    If leasing, the loaded Limited will be a lot cheaper.... better residuals.

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • nyccarguynyccarguy Stamford, CTPosts: 7,763

    Interesting. She's buying though. She does over 20K per year driving, so leasing starts to get pricey. I thought of that too. "Well, if she REALLY doesn't like it, then I'll take it off their hands." But I'm sticking with my no punch plan for now:)

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

  • mjfloyd1mjfloyd1 Posts: 159
    edited August 10

    I'm looking at some CPO Audi Q7 TDi's for the Mrs. Hoping you can help with pricing. I'm located in Bloomington, IN 47408. Selection isn't much here so I'm looking at shipping or fly n drive.

    First is 14 Q7 TDI prestige, s line, towing, 21 inch wheels . It's silver with black guts. It's an ex loaner with 10k miles. It's in Atlanta. Asking $60500 and not very negotiable since it's CPO but they've been trying to sell it since April. They say it's had no paintwork . Clean car fax.

    Next possibility is 14 Q7 TDI prestige, s line, s line plus (21 inch wheels, blacked out grill and roof bars), towing. Glacier white with black guts. In Utah. CPO asking $62250. 9500 miles - car was a 6 month lease so I suspect it was a loaner as well. No accidents . Clean car fax. Only for sale for a month.

    Please let me know realistic pricing. Thanks, Mark

  • stickguystickguy Posts: 14,934

    21" wheels? Factory? Dang. Those are some expensive tires even at Tire rack.

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

  • nyccarguynyccarguy Stamford, CTPosts: 7,763

    @mjfloyd1

    Do you know what the original MSRPs on the Q7s were?

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

  • Hello- looking for trade value of 2011 Infiniti FX35, 52000 not perfect- but I would call it clean, has nav, surround cameras, air cooled seats, RWD, roof rack, no prior accidents. Thanks!

  • mjfloyd1mjfloyd1 Posts: 159
    edited August 10

    @nyccarguy said: mjfloyd1‌

    Do you know what the original MSRPs on the Q7s were?

    Silver one was $69145

    White one was $69445

  • qbrozenqbrozen Posts: 17,520

    Yup, I'm still on vaca but checking in between activities.

    Let's see...

    Rx8: miles are low. Maybe $9k-9500.

    Ls430: the scratches you mention give me pause. Just how many and how bad are we talking? Could be a $2k or $200 difference. If it was perfectly clean, you could be talking $12.5k/$15k trade/PP.

    X5: ehhh...41-42k. Probably something nobody but a bimmer dealer wants. How bout selling it to one of them?

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

  • qbrozenqbrozen Posts: 17,520

    Only a couple of q7 Prestige TDIs with low miles to go by. Both auctioned for over $60k. Premium Plus models are $50k, however. Go figure.

    Fx35: about the $22k zipcode

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

  • mjfloyd1mjfloyd1 Posts: 159
    edited August 11

    Thanks for the info q. Just out of curiosity how are the 2014 Cayenne diesels (aka red hot chili peppers) fairing at auction with similar miles?

  • nyccarguynyccarguy Stamford, CTPosts: 7,763

    Q

    Safe travels! Thanks for the tip. I'll have Mom shop it to the local BMW dealers. I'll take some pics & shop it on this side of the Hudson.

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

  • thanks for the info on the fx- zip code is 85260- which might be better with the RWD? Hope you enjoy your vacation!

  • qbrozenqbrozen Posts: 17,520

    @mjfloyd1 said: Thanks for the info q. Just out of curiosity how are the 2014 Cayenne diesels (aka red hot chili peppers) fairing at auction with similar miles?

    $67-$70k range.

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

  • stickguystickguy Posts: 14,934

    NYC, have you tried Carmax? This might be a good unit for them, since it fits the profile of what they want. Lose the trade credit of course, but if the offers at the dealer don't offset, might as well just sell it.

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

  • nyccarguynyccarguy Stamford, CTPosts: 7,763

    I'll try carmax too. Where's the closest one to Rockland? East Haven, CT? Good suggestion.

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

  • rny421rny421 Posts: 8
    edited August 12

    Hey guys, So I'm still on the hunt for a 2011+ Volvo S60. I've had a few close deals, but most dealers are asking crazy money for the T6 AWDs. Truth be told, I'd prefer a T5, but it's impossible to find an AWD with xenons. I found one, but I think it's ridiculously overpriced. Is anyone able to look up what a specific model was purchased for? 2013 Volvo S60 I noticed it has more than 5k miles (shows 7k in the picture). Also, the T5s don't seem to hold their value as well, and it is almost a 2 year old car. I'm thinking more like $26k... am I unreasonable? Thoughts? I'm trying to get an idea how long they've had it to see if maybe they're ready to get rid of it, but they don't have a car fax which generally shows when they listed it for sale.

  • robr2robr2 BostonPosts: 7,901
    edited August 12

    2008 Saab 9-3 Aero XWD Blue over Black/Parchment Leather V6 Turbo/Automatic 36K miles Moonroof, GPS, /memory/heated seats, dual zone climate - basically cold weather and touring package. In Boston. Dealer is asking $16,950 which seems a bit rich IMHO.

    If it helps here's the vin: YS3FH42R981141556

    It looks like it was sold at an auction in the mid-west and brought to Boston.

    Thanks.

  • qbrozenqbrozen Posts: 17,520

    Volvo: they paid $26k for it. all said and done, you could prob get it for $29k, unless they CPO'd it.

    Saab: hmmm...vin comes up FWD. That's fair if AWD. About $3k high for FWD.

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

  • robr2robr2 BostonPosts: 7,901

    Here's the trunk on the Saab:

  • cdnpinheadcdnpinhead Forest Lakes, AZPosts: 3,288
    edited August 13

    Apparently the VIN says it wasn't manufactured as AWD.

    Anyone want to take the position that it was modifed to add it?

    Not I. Stickers are cheap.

  • robr2robr2 BostonPosts: 7,901

    @cdnpinhead said: Apparently the VIN says it wasn't manufactured as AWD.

    Anyone want to take the position that it was modifed to add it?

    Not I. Stickers are cheap.

    I ran it through a few decoders and they all say it's AWD. Oh well, I'll have to get down on my knees and look underneath.

  • Hey guys, I'm looking to trade in my 05 Infiniti g35 on a new one. It has 81k miles, sedan 6mt w/navigation. prev owner had an accident, rear end damage, airbags did not deploy is on car fax. Looks like they painted or replaced the rear bumper. Anybody know what I should expect on trade in for it? Thanks

  • andres3andres3 CAPosts: 5,343

    So CarMax noticed that the hood and front fender bolts of my '14 S4 had been "spun" meaning to them they had been taken off to be repaired/replaced/repainted. 2 panels was enough for them to say it wouldn't be sold at CarMax, but wholesaled/auctioned. Funny because Mercury hired an appraiser who wrote down it could be sold Audi Certified Used despite the $22,000 in damage and repairs. They've only offered $1,000 or $1,500 in diminished value, yet CarMax's offer was $37K for a car it took $55k to move off the lot 8 months earlier. Depreciate could be reasonably considered to be as high as $1K per month or 1,000 miles in the first year. For some reason Mercury can't understand that math and offer me $10K in DV without suing them. Hiring my own legitimate appraiser now and inspection scheduled next Tuesday.

  • I currently lease a 2012 Suburban 4wd LS All Star edition My lease is up in April 2015. It will have 29,000 miles on it when I go to the dealer. It is in excellent condition. I negotiated the original sales price way down, and the resulting residual buyout is $21,000. I see that 3 year old used suburbans go on the lot for $36-$40,000. What would a reasonable offer from the dealer be if I wanted to use the equity in my suburban to put down on a new one? $36,000 value - $21,000 residual = $15,000? Thanks in advance......
  • nyccarguynyccarguy Stamford, CTPosts: 7,763

    @chuckso145

    Why are you ditching the Suburban so fast? Right now you "owe" The payments from now until April 2015 plus the residual value of your Suburban. You'll have to get the truck appraised by the dealership to see how much it is worth right now. If it is worth more than the remaining payments plus the residual, then you will have positive equity. Just because 3 year old used Suburbans are selling for $36 - $40K doesn't mean that a dealer will give you that on a trade. The expert (@qbrozen) will tell you what its auction value is. I'm willing to be that they'll offer you $27.5K on the trade.

    What region of the country are you in? Most of the used Suburbans you see are LS, LT, or LTZ models?

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

  • I'm on Long Island NY. Not looking to dump it now. Just trying to get an idea of what I'll be looking at when the lease is up in April.
    It's an LS, but with the All Star package.
    Meaning chrome everything and 20" chrome wheels
    I looked up nada and kbb values for today's market. It says around $29-$30,000. That's for trade in.
    I just don't know what "real world" numbers I should expect.
    I could buy it in April for $21k, and then turn around and sell it privately for $30k+. I just don't want to pay taxes to buy it, then taxes on the sale , plus the hassle of dealing with private buyers.
  • Forgot to mention there are no "All Star editions" for sale anywhere near me.
    Most 2011-2012 used ones are LT trim with stock wheels.
    Sticker on the truck was $50k
    I put nothing down, payments are $479 a month.
    Residual is $21k
    Never had a lease return with equity in it , so I'm not sure what to do
    Thanks again for the help
  • pcdubbyapcdubbya Posts: 2

    Have a 2012 S5 v8 Manual Transmission, Prestige Package. Nav, backup camera, wheel locks, 19" wheels. 32k miles. What would be a reasonable trade in value for the car? I'm under my miles on my lease by about 15k, lease is up in 3 months. Thanks! -P

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