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Real-World Trade-In Values

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Comments

  • qbrozenqbrozen Posts: 17,150

    yeah, I just don't get it.

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

  • nyccarguynyccarguy Stamford, CTPosts: 7,413

    @robbieg

    Just a few points about Tahoes in general. Don't be afraid to go a few years older or with one that has a few more miles. These trucks are built with lots of "old school technology" and are really durable. They are simple to work on and don't require any more maintenance than a run of the mill camcord. I'd stay away from early build 2009s as that was the 1st year of the 6 speed automatic. Other than that, they have remained exactly the same. My best friend had a 2009 that he traded in for a 2011. He put over 65K miles on both. My Dad had a 2010 that he traded in for a 2011. Both of my Dad's trucks have had over 50K miles on them. His current 2011 was at the dealer for just the second time since he bought it. I had to get a new key made and remote programmed.

    Tahoes have a solid, smooth ride. They are absolutely unstoppable in the snow. Camcord reliability. Its got a V8:)

    The biggest problem is interior space. For such a large vehicle, interior space is definitely lacking. If the 3rd row is installed, there is basically zero space behind the 3rd row for storage. The 3rd row seats are heavy and bulky to install. Just for a reference point, there are 5 of us in my family. The last 2 years we've driven down to Charlotte, NC for summer vacation. My parents have offered us the Tahoe (2011 LTZ) both times. Both times we've declined and taken our Pilot which makes much better use of its interior space.

    2001 Honda Prelude Type SH/ 2011 BMW 328xi / 2011 Honda Pilot EX-L w/ Navigation

  • robbiegrobbieg Posts: 326

    @nyccarguy said: The biggest problem is interior space. For such a large vehicle, interior space is definitely lacking. If the 3rd row is installed, there is basically zero space behind the 3rd row for storage. The 3rd row seats are heavy and bulky to install. Just for a reference point, there are 5 of us in my family. The last 2 years we've driven down to Charlotte, NC for summer vacation. My parents have offered us the Tahoe (2011 LTZ) both times. Both times we've declined and taken our Pilot which makes much better use of its interior space.

    I am concerned about rear space since we have to carry hockey bags. I have always liked the Tahoe better but the Expedition's 3rd row fold flat. I have a window to drop from 3 cars to 2 at the end of the summer. Basically, I would get to pick a car again since my wife picked the last couple. We would get rid of our van and an RX and buy something big. Before we bought the Highlander we looked at a 4runner but my wife thinks it is too small if we get rid of our van. The real issue is that a midlevel 4runner new is around 37000. A new Tahoe LT starts at about 51,000. Big difference. My friend says the Tahoe is much nicer now but still that is a lot of money for a family car. My other concern is that we still use the van a lot.

  • rbirns1rbirns1 Posts: 204

    For someone who drives only 2-3K miles per year, does it make sense to buy a 1-2 year old car with high miles (which over time would become normal miles) and sell in a few years, or buy new and drive it to the ground?

  • stickguystickguy Posts: 14,170

    at that use, it will never see the ground, unless you live to be 100.

    Sounds to me like the perfect situation to get a screaming deal on a newish car with hi miles.

    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!)

  • roadburnerroadburner Posts: 6,301

    What stick said...

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

  • qbrozenqbrozen Posts: 17,150

    ditto

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

  • sebring95sebring95 Posts: 3,231

    Curious what you're seeing on GM cars with the recall issues and such. I need a couple cars for my fleet and thought about used if there are smoking deals on them from all the bad publicity. My buddy has dealers license/auction access and will grab me one but he's low-tech and doesn't have the online results access. I'm thinking a 2012 Malibu LT with <20k miles in like-new condition. Thoughts?

  • qbrozenqbrozen Posts: 17,150

    4cyl 1LT? Hanging around the low $14k zip code.

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

  • sebring95sebring95 Posts: 3,231

    Thanks, doesn't sound like the recall is hurting resale. I was thinking closer to $10k would be a good deal. $14k is pretty meh. Not sure who is buying these used at such a premium but whatever floats their boat. I'll take a new Accord LX for under $20k.

  • seank2seank2 Brunswick, GeorgiaPosts: 69

    In the continuing quest for a new work, road warrior vehicle, the Lexus guys in Jacksonville are quite eager to unload that Cerulean Blue ES350 I posted about last week. Listed at $28,990, came back at $26,990 all in all done. Then $26,500, now $26,000. They've got something north of $25,700 in it, based on Q's auction value and the receipts the dealer has shown me, including $850 worth of tires and a new battery. The 0.9% financing makes this tempting, but I'm struggling in my head about the actual payment every month, especially once a roll the negative I have into the loan.

    So, the next contender is a 2011 Toyota Avalon Limited. Classic Silver over light grey leather. The Limiteds only come loaded, and it does NOT have navigation. Everything else: heated and cooled seats, dual auto climate, xenons, sunroof. Obviosuly, 3.5 V6, 6AT, the only way they come. It is a Toyota CPO car, as well. 44,xxx miles

    This one is located at the Toyota Store in Valdosta, Georgia, and the carfax says they sold it new. List price on the website is $24,331. The internet manager at that dealer is the niece of my paralegal's husband. Since I'm not above using the connections when I've got them, she gave me a bottom line price of $22,980, which seems like a fairly strong number.

    Details here:

    http://www.valdostatoyota.com/preowned/index.cfm/page/certified/action/view_2011_toyota_avalon/vehicle/4T1BK3DB8BU379076/

    The Lexus is tempting, but saving $3,000, especially over 36 months of payments, is hard to ignore too.

    So, how is the number on the Avalon?

  • explorerx4explorerx4 Central CTPosts: 9,614

    The $850 for the Lexus includes the tires and the battery. I hope.

  • qbrozenqbrozen Posts: 17,150

    yeah, its $3k less, but its also a badge-level lower and 10k more miles. Does the 'yota also have 0.9% financing?

    Avalon would be somewhere in the $21k zip code at the block. So its a good price.

    I just wonder how the 2 will stack up 3 years from now.

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

  • haydellameliahaydellamelia Posts: 21

    Hey qbrozen…looking for some advice.. Looking at a 2011 GMC C1500 SLE Grayish Green in color 47,482 miles "ASKING" price is $26,900

    The carfax only has 2 service records available, so not sure if that should be a concern or not.

    Deciding between the 2010-2013 GMC Sierra 1500 Crew Cab or 2010-2013 Ford F150 XLT Crew Cab. Not sure which one would be a better choice.

  • qbrozenqbrozen Posts: 17,150

    I need more info. There are a couple dozen combinations to choose from.

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

  • breldbreld Posts: 1,252

    Alright - getting serious enough about this one to ask the wise ones here:

    In Denver, 2013 BMW 528i xdrive, auto tranny, 20k miles, one owner, clean carfax, clean car overall. Deep Sea Blue over Oyster interior. Premium, Cold Weather and Tech packages.

    At a Land Rover dealer, so not CPO - originally listed at $41,500, now down to $38,500.

    With a little prodding, they said they could knock off another $500, so we're at $38,000, plus their high D&H of $795, so let's just call it what it is and say $38,795.

    Based on my research and what else is being offered in my area, seems very competitively priced, but always like to check in with you all.

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

  • breldbreld Posts: 1,252

    And any insight into the market for recent model Lexus ES350s? (Yes, I know - cross-shopping 528s and ES350s???!?)

    Looked at a nicely equipped one as follows:

    2013 ES350, 20k miles, CPO Gray over black leather. Luxury package, navigation, BSM, etc. (so nicely equipped - about $45k MSRP originally).
    Lexus dealer has it listed for $36,991 - didn't bother trying to negotiate on it, but seems $1-2k high, but as was pointed out in earlier posts, Lexus dealerships in general are very proud of their product).

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

  • qbrozenqbrozen Posts: 17,150

    there is a gap in the data between 15k and 30k miles, but best guesstimate is $34k-$35k. I'd imagine someone traded it in and probably got hosed at the low end of that. I wouldn't want it for more than $37k, personally.

    Lexus is in about that $34k number, too, so $37k CPO seems quite good from where I'm sitting. Although, to be thorough, almost all the ones I'm seeing are in parts of the country that don't see snow, so maybe that's making a difference in Denver.(?)

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

  • breldbreld Posts: 1,252

    Thanks q!

    So a $55k 528i xdrive and a $45k ES350 (MSRPs) end up being around the same value after the same 18 months and 20k miles?

    So what's the takeaway from that? The BMW is a better used value? Lexus really does live up to its resale reputation?

    For similar money, seems you're getting a lot more with the AWD 5 series, more appropriately competing with the GS in the Lexus lineup. But I guess they're worth what they're worth.

    Thanks again - very insightful. Particularly since I was thinking the BMW was actually better priced. Good to know the Lexus dealership is actually being reasonable.

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

  • sbuhlersbuhler Posts: 93

    Hello: I would appreciate a trade/wholesale value for the following: 2012 Mazda CX-9 Grand Touring AWD 19,500 miles Pearl White Bose, Power Liftgate, Sunroof Excellent Shape Louisiana

    Thanks!

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