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Pricing my used vehicle for private sale

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Comments

  • qbrozenqbrozen Posts: 17,148
    Keep in mind you're probably pricing a crew-cab Tacoma (4-door) to a typical ext-cab Tundra.

    I was going to make that comment, but Galves still tells me its a 4-door.(?) I guess both sides in the rear have little suicide doors.(?)

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

  • houdini1houdini1 Kansas City areaPosts: 5,861
    edited August 2010
    The 2002 Tacoma that I am looking at has full doors in the rear with outside hardware etc., not suicide doors.

    2013 LX 570 2010 LS 460 2002 Tacoma 4x4

  • sebring95sebring95 Posts: 3,231
    I was going to make that comment, but Galves still tells me its a 4-door.(?) I guess both sides in the rear have little suicide doors.(?)

    Correct. Tundra only came in a "normal" extended cab with the suicide doors until 2004.
  • delthekingdeltheking Posts: 1,152
    edited August 2010
    To those minute number of customers,Toyota is absolutely taking care by replacing or buying back for $12k. $12k-- That`s a lot of money for 8-10 yr old trucks. :shades:

    GM has no funds to do that. They would again beg the Congress for money money if they had to buy back stating it is a safety issue concerning the American buyers. :sick:

    And that will be the last post regarding these issues. Dont want to hijack this thread !
  • qbrozenqbrozen Posts: 17,148
    Oh, I know the Taco has 4 full doors. That's how I priced it.

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

  • houdini1houdini1 Kansas City areaPosts: 5,861
    edited August 2010
    Yeah, I can now see when you said suicide doors you were talking about the Tundra.

    The guy still hasn't given me a price on the Tacoma. I assume he has changed his mind about selling so I am looking elsewhere.

    2013 LX 570 2010 LS 460 2002 Tacoma 4x4

  • igozoomzoomigozoomzoom Waleska, GeorgiaPosts: 790
    I have a '95 Jeep Grand Cherokee Laredo that my mom ordered new back in November 1994. She drove it for 11 years, then my dad used it for a few years before they gave it to me as a 'spare' three years ago. So, technically it's a one-owner as the title and registration have always been in my mom's name for the entire 16 years it has been in our family.

    It has been very well maintained mechanically and has no known mechanical issues. Unfortunately, it has always been parked outdoors exposed to years of Georgia sun and hot/cold extremes. The clearcoat on the paint is peeling on the hood and roof in several spots and the lower body cladding and bumpers show some fading. The interior is in EXCELLENT condition - spotless cloth seats and carpet, dash and center console are in great shape...the only minor interior issues are the headliner, which is coming loose above the driver's side door and the leather steering wheel cover is cracking (a new cover is an easy fix).

    It's 2WD, has the 4.0L Inline-6 and 4-speed automatic with 196,000 miles on it. The powertrain is all original and it doesn't use oil or smoke on start up, oil pressure is good and the tranny shifts same as always (oddly syrupy, but they all did). A/C blows cold, new Dayton tires 12k miles ago, radiator replaced last year and all maintenance up to date.

    Options are probably meaningless on a car this old in terms of value, but I'll list the major ones anyway-
    Infinity Gold CD stereo w/ amp
    Dual power front seats (cloth)
    Overhead console w/ compass & trip computer
    Towing Pkg (beefier power steering pump, hi-capacity oil and trans fluid cooler)

    I'm trying to figure out where to start the asking price??? The pricing guides are all over the map-
    KBB- Private Party- Good cond- $2305 and Fair cond- $1780
    NADA- Clean Trade-In- $1550 and Clean Retail- $3175
    Edmunds TMV- Private Party- Average- $581 and Good- $988
    TMV- Retail - Average- $1257 and Good- $1936

    The KBB price range is exactly what I had in mind before I checked any of them. I was thinking about asking $2300 (or maybe even $2500) and sell it for at least $2000 (with a bottom dollar of $1800)....input?
  • stickguystickguy Posts: 14,154
    if it does run well like you indicate, i would shoot higher. 4K might be a bit much, but I would ask at least $2,995, and figure to get something close.

    at least selling a well used car is an example of feedback telling you your answer. Put the ad in, and if you get no hits for a few days, too high. If you get bombarded with calls/emails immediately, too low!

    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: 17,148
    Ummm... hate to be the one to say it, but I think Edmunds private party is much more accurate on this one than the others. Exterior is in poor shape, sagging headliner, and the real kicker ... 200k miles! It has exceeded its life expectancy. What's more ... its 2wd and the 6-cyl. There is nothing desirable here. Maybe I'm too pessimistic, but you should be pleased to get a grand for it.

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

  • sebring95sebring95 Posts: 3,231
    edited October 2010
    I think you're on the right path with your pricing. Might be a tad high but in that ballpark....I'd say $1,500 bottom dollar if it's as good mechanically as you say. Pretty much anything decent that runs is pushing $1,000 these days so I think Edmunds is low on their pricing. Straight-six is desirable....they run for 300k miles easily. I sold a barely running, smashed up '89 Ford Escort without a title for $500 awhile back.
  • jprocjproc Posts: 133
    several years ago I sold a 15 year old Chrysler Lebaron convert for $ 500.Head gaskets needed replacing as did the radiator. (Buyer knew this)So I would think a running car should be worth at least 1500-2000.Good luck
  • houdini1houdini1 Kansas City areaPosts: 5,861
    Well, after 2 months I finally bought that Tacoma from my neighbor. Ended up paying $10,200. I know that sounds like a lot for a 8 year old truck but the Edmund's appraisal guide shows $11,349. for a private sale, and the truck is in fantastic condition. If you recall, it is a 4 door 4X4 v6 with 129,000 miles.

    I checked out the rust issues because I have heard people say that even though Toyota is replacing frames on some trucks, some owners say the truck is never the same after replacement. This truck has practically no rust at all. I also had the local Toyota dealer check it out. Their only suggestion was new front brakes and rotors, which I have had done.

    Turns out his hesitation was because his wife did not want to sell the truck but she finally relented. It wasn't a great deal for me but it was a fair deal for both of us.

    2013 LX 570 2010 LS 460 2002 Tacoma 4x4

  • qbrozenqbrozen Posts: 17,148
    they run for 300k miles easily.

    If you guarantee that, I'm sure it will be an easy sell. :P

    Then again, you'd probably never have to make good on it because it is still attached to that auto trans that will probably give up the ghost long before the engine and the whole thing is junkyard fodder anyway.

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

  • sebring95sebring95 Posts: 3,231
    There's a ton of regular cherokees with that engine and they're hooked to a stout Aisin box that will go the distance. The Chrysler slushbox in the Grand is a different story so you may be correct in that regard. Although I've seen them with gobs of miles as well. We sold my wife's '99 grand V8 ltd with 200k to my cousin back in '04 and he's still driving it. Last time I was in it it was approaching 300k and was starting to look pretty rough...but not bad. Surprised the painted mud guards still looked good and the dealer swore the paint would never hold up because they were so flexible!
  • suydamsuydam Posts: 924
    The kicker is indeed the high miles. It doesn't matter what it looks like. You'll be lucky to get a grand for it. You might get more on a coast where prices are higher but in the midwest or south I don't think so. Your typical buyer will be looking for a beater and they'll want it cheap. The vehicle has had good use for your family. Let it go.
  • oldfarmer50oldfarmer50 Posts: 6,221
    edited October 2010
    196000 miles? Yikes! Take the Edmunds price and run like a thief. Either that or be prepared to endure a long sales process filled with low-ballers and insults. It will take a while for that one Jeep lover to be blind to the milage.

    NOTE: You people in Georgia really like your Jeeps! Atlanta Craigslist is full of them for crazy money. Most 4X4's of you vintage are asking $1500-2000 which is way more than they are asking where I live up north. Of course you'd have to factor your 2WD as worth less.

    2009 PT Cruiser, 2008 Eclipse, 1995 Mark VIII, 1988 GMC Van

  • sebring95sebring95 Posts: 3,231
    Not sure where you are oldfarmer but here in Ohio (north by my standards) any running 4x4 will bring $1,500-$2,000. My company has about 100 trucks and I do a lot of buying and selling. Mainly buy new trucks and sell very well used stuff. I'm always amazed at what we can get out of a totally beat up 4x4 truck. Sold an '01 F-150 last year that was completely rusted out. It had been in a limestone quarry and the bed was gone, seat was unsafe to sit on, tires bald, filthy dirty inside, and 150k very hard miles. Sold for $1,500 within hours of listing on CL.
  • oldfarmer50oldfarmer50 Posts: 6,221
    "... amazed at what we can get..."

    Maybe it's just my area but Jeeps as the OP described go for maybe $1000 in upstate NY (at least on Craigslist). Jeeps have a loyal following and who knows, maybe he could get $2000 or more if the right buyer comes along. One thing I didn't consider is that being a southern car it wouldn't have the rust that an old northern car has. That might make all the difference. He can always drop the price.

    To me a vehicle with 200K miles is just a repair bill waiting to happen and I would never pay much for one.

    2009 PT Cruiser, 2008 Eclipse, 1995 Mark VIII, 1988 GMC Van

  • qbrozenqbrozen Posts: 17,148
    Not sure where you are oldfarmer but here in Ohio (north by my standards) any running 4x4 will bring $1,500-$2,000.

    But in reference to the OP's cherokee, it ain't 4x4, which is (1 reason) why it is virtually worthless, IMHO. At least with 4wd, someone can make a toy out of an old miled up truck, so it has SOME value, I agree.

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

  • sebring95sebring95 Posts: 3,231
    But in reference to the OP's cherokee, it ain't 4x4, which is (1 reason) why it is virtually worthless, IMHO. At least with 4wd, someone can make a toy out of an old miled up truck, so it has SOME value, I agree.

    You quoted my response to Oldfarmers astonishment that jacked 4x4's were selling $1,500-2,000 in ATL. I believe we already covered the OP's 2wd vehicle which is still far from worthless in my book particularly in ATL. Granted I've left bigger tips than the difference in our disagreement...but worthless is just such a bad number.
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