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Real-World Trade-In Values

1216621672169217121722188

Comments

  • explorerx4explorerx4 Central CTPosts: 9,448
    The CPO is through who?
  • sandman_6472sandman_6472 Coral Springs, FLPosts: 2,578
    Have been to the ones in Ft. Lauderdale, West Palm Beach and Ocoee(Orlando) and what a cool place...vehicles everywhere and coming in and going out all the time. Would love to be able to go there and be shown how it all works. The times we've brought vehicles, I've seen so many I wish I could have bought...pristine looking vehicles of all makes and sizes. Must be a cool place to work at really.

    The Sandman

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

  • CPO is thru the manufacturer - Mercedes Benz. Includes an additional 12 months of warranty up to 100k miles (tacked on to the original warranty)
  • explorerx4explorerx4 Central CTPosts: 9,448
    I've seen dealer 'CPO', which is not the same.
  • Houston Texas
    2011/Ford/ F-450
    Crew Cab
    6.7L diesel
    4WD
    Mileage: 52,000
    Color: King Ranch
    Major Options: Sun Roof, Navigation
    Condition:
    Dent on front bumper, Front leather seats worn
    Tires - 10-20 % left worn
    Brakes Replaced
    Maintenance - Perfect
    Other: Indicate prior damage/insurance claims, repaints, etc.
  • stickguystickguy Posts: 13,585
    dealer CPO just means that gave it a quick once-over and overcharged for a 3rd party warranty that may be totally useless.

    2013 Acura RDX (wife's), 2007 Volvo S40 (when daughter lets me see it), 2000 Acura TL (formerly son's, now mine again), and new Jetta SE (son's first new car on his own dime!)

  • explorerx4explorerx4 Central CTPosts: 9,448
    Hence my question about what type of CPO.
  • Why don't you talk to management and have them post weekly prices paid at the auction for all vehicle sold that particular week. That is the best indicator of what a car is worth, what the dealers pay for them. They make mistakes too, and sometimes pay too much, however, it will show the range and be very helpful in negotiating with a dealer. I know it is a moving target because some cars are traded in at dealerships and sometimes those prices will be under or over auction pricing.
  • So CarMax has offered $3,000 and there's a local joint that claims they'll beat most CarMax offers or give $200 (they even have folks with sandwich boards walking the sidewalk by the CarMax entrance). In any case I'll check them out tomorrow and then make a move.
  • kbs22kbs22 Posts: 7
    Carmax offered $17,000. Not too shabby.
  • We don't necessarily have access to that info, and if we did, we wouldn't have permission to re-publish the content.

    Need help navigating? kirstie_h@edmunds.com - or send a private message by clicking on my name.

  • qbrozenqbrozen Posts: 16,892
    That's strong.

    Just keep in mind that, depending on your situation and where you live, it could be a loss vs trading it in.

    For example, if I were to get $16k as a trade-in on a new vehicle here in NJ, I would also get an $1120 tax credit. So I'd be losing $120 selling it outright for $17k.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '08 Town&Country

  • qbrozenqbrozen Posts: 16,892
    given the issues and you not wanting to privately sell it, I would jump on that $3k.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '08 Town&Country

  • qbrozenqbrozen Posts: 16,892
    carfax link isn't working for me, but there have been a few recents out that way with those miles and color. All have been trading for the mid $31s.

    If it is a Mercedes CPO, that's a great price. If it is not a Benz dealer, then its just an OK price. I'd probably be looking at $500-$1k off, but you wouldn't be crazy to pay the asking price, either, as long as it checks out.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '08 Town&Country

  • qbrozenqbrozen Posts: 16,892
    right about $38-39k, i think. Any carmaxes out there? :)

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '08 Town&Country

  • qbrozenqbrozen Posts: 16,892
    all vehicles?
    That is a ridiculously long list and a crazy amount of work for someone to compile. I don't think you realize just how many cars go through auction every week.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '08 Town&Country

  • kbs22kbs22 Posts: 7
    That is a good point. Unfortunately here in sunny California we have no such tax credit. I wanted to get an idea from Carmax on what the car was worth before I actually went in to the dealership. I now know my car is quite valuable.

    Thanks again for all your help.
  • That too. Plus, a report received in list form (like the line items that you post, q) have very little info about the vehicle, and would be of very limited value to the reader unless they really know how to compare apples to apples.

    Need help navigating? kirstie_h@edmunds.com - or send a private message by clicking on my name.

  • Kentucky will allow credit for a trade on used to used but not to new. However, starting 7-1-14 they will allow credit for used to new. Lots of different rules in many states, it pays to find what your state allows.
  • steine13steine13 Posts: 2,409
    This is for a friend of mine's car.
    2007 Carrera S coupe
    6sp manual
    65k miles
    silver
    leather, lots of bells & whistles, don't have details.

    Supposedly worth mid-$30s, which may be right but seems high to me for 7 years old and moderately miley. Of course, it's a Porr-Shah, so what do I know...

    Thanks in advance,
    -Mathias
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