Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Real-World Trade-In Values

121822183218421852187

Comments

  • stickguystickguy Posts: 13,585

    @nyccarguy, to your point about skimping on maintenance, I bet that most cars at this point don't even call for trans, diff, brake fluid or coolant changes in the first 100K, if at all. So following the maintenance schedule on a Camry at least for 60K is 6 oil changes, and maybe an air filter.

    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: 16,892

    i agree with stick, and I've had this convo with dealers before. I've heard "we've got more in it than that" more times than I can count. I respond that its just not my problem, and I can easily go elsewhere to a dealer who did not overpay for the vehicle they are selling.

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

  • isellhondasisellhondas Issaquah WashingtonPosts: 17,350
    edited March 31

    Once in awhile, I would get a shopper who would demand to be shown what we paid for a used car and what we had done to it money wise. They would be so unhappy that they couldn't find out so they could make us a "fair" offer. They were scared to death that we just might be making a decent (evil) profit.

    There were times we paid too much and lost money but not often.

    I would tell people that the car either represented a good value to them or it didn't. If we priced a used car too high it wouldn't sell. Same with real estate and everything else.

  • alpha123alpha123 Posts: 15

    I hear you guys...the market price is what the market price is regardless of what they have in it. And just for the record, I definitely support the dealer making a profit on the sale...it just has to be a fair deal in my eyes which usually means (the old saying) neither of us is happy. :)

  • roadburnerroadburner Posts: 6,018
    edited April 1

    @qbrozen said: i agree with stick, and I've had this convo with dealers before. I've heard "we've got more in it than that" more times than I can count. I respond that its just not my problem, and I can easily go elsewhere to a dealer who did not overpay for the vehicle they are selling.

    Every time a dealer has played the "We've got more in it" sad sack refrain I find that the car is later advertised/sold for a number considerably lower than the dealer's original number...

    I've also had tire dealers tell me that they cant match Tire Rack's prices because "I can't buy that tire wholesale for what Tire Rack charges retail." To which I respond, "If that's the case I'd think an astute shop owner would start buying his tires from Tire Rack."

    I get extremely annoyed when a dealer pees on my leg and tells me that it's raining...

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

  • boomchekboomchek Vancouver, BC, CanadaPosts: 5,100

    Some dealers will sell at a loss if it sits on the lot long enough. If it gets so bad where it's sitting for 6 months, they'll try to minimize the loss. But it does happen. However if it's a fresh unit, they're not going to take a loss on it, they'll wait it out to see if they can turn a profit.

    2007 BMW 328i Sports Pkg, 1993 Honda Accord EXR (my 33rd car).

  • alpha123alpha123 Posts: 15

    @boomchek‌ is there anyway to tell how long a dealer has had a car on the lot or when they acquired it? Maybe carfax or something like that? Or is that a secret they like to guard pretty well?

  • explorerx4explorerx4 Central CTPosts: 9,448

    My daughter needed new tires for her 09 Escape. It had Michelin Latitude Tour tires. They were pretty much worn out after 68k. They were rated for 65k. The Ford dealer quoted 182 to replace them, but said they would price match. I sent her Tire Rack's price(including shipping), that would have saved $25 on a set of 4. She asked some guy at work if he knew of some local places, and he said send me what tire you are looking for. He got her a quote for $145 each and the Ford dealer honored it!. She is getting a $70 rebate on top of that, too. She has a pretty serious boyfriend, otherwise I think that guy at work had potential. :)

  • boomchekboomchek Vancouver, BC, CanadaPosts: 5,100

    @alpha123 said: boomchek‌ is there anyway to tell how long a dealer has had a car on the lot or when they acquired it? Maybe carfax or something like that? Or is that a secret they like to guard pretty well?

    Not really any way to tell how long a car has been sitting on the lot. Chances are a salesperson won't tell you either.

    2007 BMW 328i Sports Pkg, 1993 Honda Accord EXR (my 33rd car).

  • stickguystickguy Posts: 13,585

    Check the layer of dust. and if the battery is totally dead, it has been a while.

    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!)

  • robr2robr2 BostonPosts: 7,601

    @roadburner said: I've also had tire dealers tell me that they cant match Tire Rack's prices because "I can't buy that tire wholesale for what Tire Rack charges retail." To which I respond, "If that's the case I'd think an astute shop owner would start buying his tires from Tire Rack."

    Many astute tire dealers do buy from Tire Rack. They are one of the largest wholesalers in the country.

  • robr2robr2 BostonPosts: 7,601

    @alpha123 said: boomchek‌ is there anyway to tell how long a dealer has had a car on the lot or when they acquired it? Maybe carfax or something like that? Or is that a secret they like to guard pretty well?

    If the dealer shows a carfax report, it will say "offered for sale" and will give you an idea of days on the lot.

  • Michaell@EdmundsMichaell@Edmunds ColoradoPosts: 1,155

    q - daughter is looking to trade in her MINI for another MINI. Wanted to get your thoughts on trade value.

    Denver, CO

    2010 MINI Cooper Hardtop

    Automatic

    Cold package

    Sport Package

    iPod integration

    31K miles

    Small scrape on rear bumper; otherwise great condition.

    What say you?

    michaell@edmunds.com

    Moderator, Prices Paid and Leasing Experiences

    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4

  • qbrozenqbrozen Posts: 16,892

    roundabout $10,500-$11k.

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

  • Michaell@EdmundsMichaell@Edmunds ColoradoPosts: 1,155

    @qbrozen said: roundabout $10,500-$11k.

    Hmm, we were hoping more like $11.5-12K

    Guess we'll see what the dealer has to say.

    Thanks!

    michaell@edmunds.com

    Moderator, Prices Paid and Leasing Experiences

    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4

  • roadburnerroadburner Posts: 6,018

    Man, I wish you lived closer; that would be perfect for RB Jr.- especially if it had shift paddles(he's a frustrated F! wannabe...) :D

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

  • Michaell@EdmundsMichaell@Edmunds ColoradoPosts: 1,155

    @roadburner said: Man, I wish you lived closer; that would be perfect for RB Jr.- especially if it had shift paddles(he's a frustrated F! wannabe...) :D

    Follow up on the 2010 MINI - the dealer hit it at $12K trade value. Asked him what he used to get that number. Told me NADA, KBB and the local market. I found 5 2010 Cooper Hardtop automatics for sale within 50 miles of my zip code. Retail prices ranged from $14K to $16K. He saw the same and gave us what we were looking for.

    BTW, when the sales manager opened the door to look inside, his first comment was that the car 'was line ready'.

    Apparently it was worth the $50 to have the car detailed inside and out before going to the dealer.

    Daughter is now waiting for a 2014 Countryman S ALL4 to show up at the dealer next week.

    michaell@edmunds.com

    Moderator, Prices Paid and Leasing Experiences

    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4

  • qbrozenqbrozen Posts: 16,892
    edited April 14

    congrats. like i said in the other topic, it all depends on what they want to do with it. Certainly, if line ready and they want to sell it themselves, they make out better buying yours for $12k than buying one at the auction for $12k and still having to pay fees, transport, and detailing.

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

  • Michaell@EdmundsMichaell@Edmunds ColoradoPosts: 1,155

    @qbrozen said: congrats. like i said in the other topic, it all depends on what they want to do with it. Certainly, if line ready and they want to sell it themselves, they make out better buying yours for $12k than buying one at the auction for $12k and still having to pay fees, transport, and detailing.

    I'm going to keep an eye on the dealer website to see if it shows up there. I suspect it will, priced around $15K. They will probably spend a few hundred to fix the scrape on the rear bumper, and it's ready to sell.

    michaell@edmunds.com

    Moderator, Prices Paid and Leasing Experiences

    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4

  • qbrozenqbrozen Posts: 16,892

    I'd bet $15995. ;)

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

Sign In or Register to comment.