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Real-World Trade-In Values

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Comments

  • Trying to sell an '81 280zx, 52,3xx , 5spd, 2 seater. Car has been garaged kept for 15 years. Was hit and partially repainted 20 years ago. T-tops don't leak, everything electric works, tires,brakes,battery and altenator all new. Runs great, no odd noises or fluid leaks. It was a gift to my kids, we need something more logical for them. Any idea of a trade in or retail if I sell it myself? THANKS!!
  • stickguystickguy Posts: 13,584
    it would be selling. Thanks for the info. Just wanted to have a baseline in case it becomes an issue.

    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!)

  • steine13steine13 Posts: 2,409
    Maybe I'm getting cheap in my old age, but at ten years and one hundred k miles, six big ones is already a stretch. $7995 even as an asking price is not realistic.

    Though... In THIS market, who knows..

    -Mathias
  • stickguystickguy Posts: 13,584
    Seemed ambitious to me. But, he is the master. And it is a Yota, so people do silly things.

    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!)

  • qbrozenqbrozen Posts: 16,895
    It is what it is. If dealers are paying $5k at auction... well, there ya have it.

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

  • qbrozenqbrozen Posts: 16,895
    Its worthless as a trade. You HAVE to sell this yourself. Really totally depends on how it shows. With those miles, the fans will be all over it.

    I couldn't even guess as to a number. Check the Z boards and look at what folks are asking for others and price it accordingly.

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

  • Might also give Shifty a shout over on the Classic Cars board:
    http://townhall-talk.edmunds.com/direct/view/.ee92042/

    Could be out of his range of expertise, but he deals with a lot of oddball vehicles.

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

  • sunny48sunny48 Posts: 24
    What would a fully loaded Prius IV be worth as a trade in? Edmunds site will not allow me to use it to find out. It's not working. Kelly Blue Book says its worth $16,000 even with 58,000 miles on it. The dealer says its only worth $13,000 which I think is too low.

    Thanks in advance.

    Location: NY
    Year/Make/Model: 2010 Prius 4
    Body Style: hatchback
    Engine: hybrid 4 cylinder
    Driveline:
    Mileage: 58,000
    Color: black/ dark grey
    Major Options: solar roof package, Navigation system, Sirus radio, hand-free phone, back up camera, safety connect, illuminated sills, Preferred accessory pkg, leather heated seats

    Condition: very good, never had body work, no dents or dings
    clean inside
    Tires - new 2013
    Brakes - good
    Maintenance - well maintained at one dealership,
    Other: no damage or insurance claims
  • explorerx4explorerx4 Central CTPosts: 9,447
    What are you looking swap into?
    It might help to know what brand you are looking at.
    Your car seems like a pretty good trade in.
  • sunny48sunny48 Posts: 24
    I'm looking at a new Prius V, either a 2013 or 2014. We were offered a 2013 for $30,005 MSRP with the Advanced Tec package for $4,320 and a few other options for a total of $35,427, including delivery. A promotion offers 0% financing, which we have already and like.

    KBB says our current Prius should be worth $16,000 for a trade in, while we are only being offered 13,000. The dealer says we could get into the new car for nothing down and a $60 higher monthly payment, but I think we are being taken on the value of our trade in.
  • corvettecorvette United StatesPosts: 4,003
    "The dealer says we could get into the new car for nothing down and a $60 higher monthly payment, but I think we are being taken on the value of our trade in."

    Danger, Will Robinson! If you're looking at the monthly payment rather than the individual components, they're probably taking you on the trade in, interest rate, and various other bogus fees.
  • sebring95sebring95 Posts: 3,225
    Also I see you're quoting MSRP but surely that's not the selling price. Right??
  • sunny48sunny48 Posts: 24
    I suspect so. We called this morning at 9:05 to tell the dealer that unless we got a better deal we were no longer interested. We told them the KBB price and I have also gotten a NADA price which was $1500 higher. The salesman said he'd speak to his manager. We haven't heard back. I'll be calling a some other dealers.
  • sunny48sunny48 Posts: 24
    Sadly, that is what was given to my hubby who's an honest, straight forward guy, just the sort a dealership can take advantage of. I've asked him not to agree to anything until we did some research.
  • qbrozenqbrozen Posts: 16,895
    It is a bit low, although I'm not terribly surprised at their number given the glut of them on the used market. They should, however, be able to give $14k for it. $13k is a "below average condition" number, so it sounds like they are just trying to play it safe rather than "take you for a ride."

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

  • qbrozenqbrozen Posts: 16,895
    just going by the truecar.com number, $3k off MSRP should be your minimum goal for the new one.

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

  • sunny48sunny48 Posts: 24
    Interesting that there is a glut as my husband was sent a letter saying they needed used Priuses and are offering 0% financing if he traded in for a new one. I guess it was just a come on which only makes their low trade in offer smart more. The car looks new inside and out, has never had any body work done and is definitely not in "average" condition or of average value as it is fully loaded, not a basic model.
  • qbrozenqbrozen Posts: 16,895
    I guess it was just a come on

    Yes, it was. A very very common promotion. I get at least one of those a week, and most are for vehicles I don't even own anymore.

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

  • sebring95sebring95 Posts: 3,225
    Very common promotion as mentioned....and VERY successful. I had a coworker get sucked into this awhile back...promo said they needed her Pontiac G6. Sure they do!!
  • I got one recently stating they NEED my Infiniti G35 as a trade-in. It was totaled in December 2010, so they are welcome to it, though I suspect by now it's more of a "compact" sedan.

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

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