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Real-World Trade-In Values

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Comments

  • MichaellMichaell ColoradoPosts: 3,163

    @qbrozen said: I'd bet $15995. ;)

    Either way, that isn't much depreciation off the $22.5 MSRP from 4 years ago.

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  • qbrozenqbrozen Posts: 17,150
    edited April 14

    no, its not. You'd think they'd have better lease deals. My wife asked me yesterday to check what the deals on the countryman are. Not all that favorable, IMHO.

    Looking at your hardtop, for example, the lease offer projects $12,395 residual after just 3yrs/30k. Should be a good bit higher if 4-yr-old models are bringing that much. Also should mean folks with these leases have equity in the end.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • MichaellMichaell ColoradoPosts: 3,163

    @qbrozen said: no, its not. You'd think they'd have better lease deals. My wife asked me yesterday to check what the deals on the countryman are. Not all that favorable, IMHO.

    Looking at your hardtop, for example, the lease offer projects $12,395 residual after just 3yrs/30k. Should be a good bit higher if 4-yr-old models are bringing that much. Also should mean folks with these leases have equity in the end.

    Wow - that didn't take long, and they weren't kidding about it being "line ready":

    ralphschompmini.com/VehicleDetails/used-2010-MINI-Cooper_Hardtop--Littleton-CO/2232174443

    Q - you were right. They've priced it at $15,787.

    MODERATOR
    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4
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  • breldbreld Posts: 1,252

    Hey Q - what do you figure the dealer has into this car:

    2010 Audi TT Quattro Prestige package (includes navigation) 18,000 miles Black on beige interior

    At an Infiniti dealer here north of Denver, so no CPO.

    They're asking $29,990 - I figured trade would have been around $25k.

    What are your thoughts?

    Thanks!

    2011 BMW 535xi - 2008 Audi TT - 2008 A3 - 2009 Ody

  • qbrozenqbrozen Posts: 17,150

    Only comp this year had 26k miles and got $24800 in PA.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • breldbreld Posts: 1,252

    Thanks!

    2011 BMW 535xi - 2008 Audi TT - 2008 A3 - 2009 Ody

  • tjinvatjinva Posts: 23

    What is your trade-in estimate for the current value of a 2011 Mercedes 350ML with 36K miles. The main options it has other than what comes standard is the Premium Package 01 and heated front seats.

    Thanks

  • qbrozenqbrozen Posts: 17,150

    there is a bit of a spread on these. Depending on location and dealer, they might feel safe in that $25-26k range.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • tjinvatjinva Posts: 23

    Thanks for the prompt response.

  • damntreedamntree Posts: 5

    I have a 2008 Volvo S80 with NAV, heated seats front and rear (front seats also ventilated) and 61K miles.

  • qbrozenqbrozen Posts: 17,150

    congrats.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • damntreedamntree Posts: 5

    What I meant to say was, what do you think I could get from a dealer with a 2008 Volvo S80 with NAV, heated seats front and rear (front seats also ventilated) and 61K miles. I would like to use it as a trade in. I am hoping for $10,000.00 (very good condition), what are your thoughts?

  • qbrozenqbrozen Posts: 17,150

    Which engine? Any past or present damage? What part of the country? What color combo?

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • damntreedamntree Posts: 5

    S80 3.2L, Ice White (Sand Stone Beige interior), Sport Package, Climate park Assist Front and Rear, Volvo Navigation. Yes one accident and everything was repaired perfectly (I checked online and this reduces the price maybe $10,300). I am the only owner.

  • qbrozenqbrozen Posts: 17,150

    but how bad was the accident? how much $$ in damage? Repainting a bumper is totally different from replacing 3 body panels and 2 airbags. It will affect the value.

    Miles are low, color should be good in any part of the country. If we're talking a resprayed bumper, your number isn't unreasonable. If metal has been repainted and the carfax shows it, you could have a tough time ahead.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • b_o_f_ab_o_f_a Posts: 2

    Hi, what kind of trade value can I expect for a 2012 4Runner SR5 4WD with 25K miles in Blizzard Pearl with Convenience Pkg, Cargo Deck, Leather, and Alarm? No accidents or damage and all service records.

  • qbrozenqbrozen Posts: 17,150

    About 27-28k

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • virgiesmomvirgiesmom Posts: 57

    What can I expect for a trade: a 2007 Toyota Sequoia SR5 V8 4.7L 4WD with 27K miles (yep, only 27K), Desert Sand Mica, cloth, no accidents or damage? Garage kept and owner is ocd about keeping it detailed, 3K on tires SW VA 24018 zip. Looking to get a new or late model Tundra. Thanks for the help.... Virgie

  • qbrozenqbrozen Posts: 17,150

    Well I certainly have no comps for that. Lowest of late was 62k miles that hit $14800. Why not sell it yourself? Dealer is prob gonna hit you at like 15k.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • virgiesmomvirgiesmom Posts: 57
    Thanks for the rapid comeback. I was looking at the $21 - 22K range. Private party might be the way. Didn't want the hassle.
    Might run it by a dealer to test the water.
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