Real-World Trade-In Values

stickguy

Just tell edmunds to cut a check, and ask where to drop it off.

Yes, that was a joke.

if you want a little bit more, ask. Worst that happens is they say No. Q is usually pretty spot on based on auction results, but if they happen to really want it, might got a little over to seal a deal.

qbrozen

No used car is in excellent condition. Hell, many new cars aren't, either.

Mr_Shiftright

What the dealer offers is often predicated on what the selling price is on the new car. If you've already settled on a selling price for a new car, then if they gave you another $900 that would have to come off their profit. But if no new car deal has been made, then yeah, you can ask them to bump it up. But be careful here--in this latter case, they can just tag the $900 back onto a new car deal. You've got to keep your eye on the selling price of the new car above all else, if that's what you're doing here--trading in to buy/lease another Honda.

28firefighter

Mr_Shiftright said:

What the dealer offers is often predicated on what the selling price is on the new car. If you've already settled on a selling price for a new car, then if they gave you another $900 that would have to come off their profit. But if no new car deal has been made, then yeah, you can ask them to bump it up. But be careful here--in this latter case, they can just tag the $900 back onto a new car deal. You've got to keep your eye on the selling price of the new car above all else, if that's what you're doing here--trading in to buy/lease another Honda.

As has always been said here, the difference is the difference.

Mr_Shiftright

That's it! Sometimes folks get too focused on what's in "the book" and not what's on the table!

breld

Considering this Kia Sedona for my stepson's caretaker:

2017 Kia Sedona LX

2017 Kia Sedona LX
Gray over taupe leather
LX with "Essential" package, which basically adds leather and parking sensors
10k miles
Certified at a Kia dealer

Strikes me as a fair, if not good, price (assuming everything checks out).

What are your thoughts?

Thanks!

stickguy

the VW Routan wear out?

qbrozen

A whole mess of them with 10k-11k miles just hit the market, which probably explains the aggressive pricing. Most were $19.8k, but one silver one in particular with 10,097 miles got $18.5k. I don't believe it was this one but it makes ya think. Lets say we split the difference at $19.3k. $3k-$3500 over that for CPO still makes this a decent buy if it all checks out.

breld

stickguy said:

the VW Routan wear out?

It’s still going okay - definitely has seen better days.  But it would serve nicely as a second car for her family if we got another newer van.

breld

Thanks Q!  We’re at the Kia dealer now.  True to the numbers you posted, they didn’t have much room to give, but did come down $400.  

So, we’re buying it. 

breld

Bright red Stinger in the showroom is sharp!  

28firefighter

breld said:

Thanks Q!  We’re at the Kia dealer now.  True to the numbers you posted, they didn’t have much room to give, but did come down $400.  

So, we’re buying it. 

Seems like a lot of car for the money.

breld

Yeah - the impact our caretaker has on our lives by taking care of my stepson with his disabilities is immeasurable.  He’s like a part of their family...which means when the wife and I have something we’d like to do alone, like go on a cruise or even just go to a movie, she’s there for us.  Not to mention it allows us to both work full time.

So...buying her this van is pretty much the least we can do.  

Sandman6472

Q, turns out they will fix my Golf, over $6500 right now. Once I get it back, will be curious what the Carfax shows and your take on it's post accident value. Still might want to trade out of it no matter how well they repair it but have to wait and see how well they do repair the damage. Was thinking that a total would be the best way out but obviously, they thought different. They did agree to put a new rear drivers side door in the repairs, a good thing my collision specialist tells me. He says they will make it perfect so have to wait and see.
I'm just concerned about what I can expect to get post repairs with a ding on the Carfax!

The Sandman

qbrozen

My personal rule of thumb is a 20% knock for a ding on carfax unless enough proof can be furnished to show me it was minor. Yours obviously is not minor. Beyond that, how much of the car gets repainted can make a difference. You'd be better off shopping it to a few places where they can judge it in person. Then compare that to the unmolested number I gave you.

stickguy

still seems cheap, for having to straighten out the unibody, and put a new door on, plus the other damage and a lot of paint. I would have guessed a higher tab than that.

28firefighter

stickguy said:

still seems cheap, for having to straighten out the unibody, and put a new door on, plus the other damage and a lot of paint. I would have guessed a higher tab than that.

Agreed.

Wife smacked her Jetta up when we were first dating in college back in 2008. No frame damage, somehow, but everything from both front doors and forward had to be replaced. Original estimate was $9000 and the final bill was over $12,000. This was on a 2004 Jetta GL.

All this to say that $6500 sounds cheap. Are they using all OEM parts?

Sandman6472

As far as I know, yes. Using a top notch collision place that did my mirror back in December and other work for us years ago. They said it'll come back "perfect" but we shall see as "perfect" can mean different things to different people!
Am staying optimistic here about it all and will wait till I get it home. If not happy, can always trade it for something newer, which the wife's convinced I plan on doing. But not so sure if I'll even do that. Event though I did like both the Buick Encore and Subaru Imprezza a whole lot, both not something I have to have honestly.

The Sandman

qbrozen

Personally, I'd feel like the Imprezza is a step down from the golf. But to be fair, I have not been in a newer Imprezza.

Sandman6472

Q, trust me, they've done a great job with the new Imprezza. Good enough that if they can get me the color combo I want, would have no issue trading in the Golf for it. Was even impressed with how nice the Encore was. Interior was well laid out though have no clue why GM still uses the same boring interior lighting especially in the dash. The new infotainment configuration is so much better integrated than the previous one and even the cloth seats felt great. It's also 168", same as the Golf and perfect for my garage situation. I'd be just fine with either of these vehicles.
Just hope they can fix the Golf correctly and then I'll get back to you about the new value on it. I'm sure the Carfax will have the accident report on it already. Even if not, if I do trade it, I'd be honest and tell them about the accident if they asked but am betting a good used car guy will be able to tell there was damage by a physical inspection.. But again, honesty is the best policy so I'd feel obligated to tell them the history. Have found that if one starts to lie, eventually it is found out where honesty from the get go would just be so much easier!

The Sandman

iluvmysephia1

The new Subaru Impreza is a fine looking car and I bet one with a manual transmission and red or that cool new tropical blue color would make you proud to have it grace your New Mexico...I...I mean Florida driveway. 

andres3

sandman_6472 said:

As far as I know, yes. Using a top notch collision place that did my mirror back in December and other work for us years ago. They said it'll come back "perfect" but we shall see as "perfect" can mean different things to different people!
Am staying optimistic here about it all and will wait till I get it home. If not happy, can always trade it for something newer, which the wife's convinced I plan on doing. But not so sure if I'll even do that. Event though I did like both the Buick Encore and Subaru Imprezza a whole lot, both not something I have to have honestly.

The Sandman

To me perfect means "mint" condition.

explorerx4

Didn't take long for my old truck to drop off the dealer website, less than a week!

Sandman6472

I test drove the lighter blue with ivory interior and do prefer either the white over ivory or dark blue over ivory. But the availability is extremely limited and the special 2 year free maintenance plan runs out end of the month. So, these two factors alone will keep me from buying one which is a shame as it's a very good vehicle. Gotta hand it to Subaru, the new Imprezza is real fun to drive and it did put that smile on my face like the Golf does!
Now, just need to try the Hyundai offerings just to be sure. One big item in their corner is the size, same as my Golf or maybe an inch longer so it fits the garage test easily.

The Sandman

iluvmysephia1

Ahh, the Subie Impreza's officially off your list now, sandman? Too bad. 

tjc78

I know people love their Subaru’s but I just can’t warm up to them. Obviously I’m in the minority.

Sandman6472

Well, since they've decided to fix my Golf, no more looking as have to drive it first and see if it's really fixed properly. If so, just gonna keep it until whenever. Since I hate being pushed to do anything, this is probably the best solution. The big elephant in the room is how will it effect the Carfax on my vehicle? I'm assuming the shop will get it right because they do excellent work. But come trade-in time, wonder what the ding will be...$1K, 2K or more? Just know telling what it'll be and that's what's bothering me the most. Hoping it's fixed correctly, drives perfectly straight and have no issues to deal with. If this all comes true, I can live with it.

The Sandman

isellhondas

Mr_Shiftright said:

I really doubt they could, and I doubt any insurance company would let them. There are very few shops certified by Ferrari to do this type of work. Up my way, any badly hit Ferrari goes on a flatbed down to L.A.

No smart Body Shop owner is going to take on a Ferrari or other exotic unless that's what the specialize in. They don't have the expertise or the equipment needed and they sure don't want to tie up valuable space. You seem to underestimate the skills of a quality modern Body Shop that will do a great job on 90% of the cars on the road. They won't wonk on exotics and for good reason!

isellhondas

Mr_Shiftright said:

Please. I'm out of bluffs.

You knew better!

andres3

sandman_6472 said:

I test drove the lighter blue with ivory interior and do prefer either the white over ivory or dark blue over ivory. But the availability is extremely limited and the special 2 year free maintenance plan runs out end of the month. So, these two factors alone will keep me from buying one which is a shame as it's a very good vehicle. Gotta hand it to Subaru, the new Imprezza is real fun to drive and it did put that smile on my face like the Golf does!
Now, just need to try the Hyundai offerings just to be sure. One big item in their corner is the size, same as my Golf or maybe an inch longer so it fits the garage test easily.

The Sandman

If you really love the Subie, ask if they'll make you an order, how long that'll take, and if they'll honor the current deals and promotions for your sale price. No harm in asking. If I liked a car, I'd keep a rental longer in order to get it, though it isn't ideal.

Mr_Shiftright

isellhondas said:

Mr_Shiftright said:

I really doubt they could, and I doubt any insurance company would let them. There are very few shops certified by Ferrari to do this type of work. Up my way, any badly hit Ferrari goes on a flatbed down to L.A.

No smart Body Shop owner is going to take on a Ferrari or other exotic unless that's what the specialize in. They don't have the expertise or the equipment needed and they sure don't want to tie up valuable space. You seem to underestimate the skills of a quality modern Body Shop that will do a great job on 90% of the cars on the road. They won't wonk on exotics and for good reason!

We have some excellent body shops in northern California. They really do beautiful work I must say.

breld

qbrozen said:

breld said:

How'd you know? It's quite the coincidence, huh? Since you mentioned it: In CO, 2017 Dodge Durango R/T AWD Silver over black Tech Package Sunroof Captain's chairs Blacktop package Rear DVD entertainment system 27k miles Trade value on something like that?

$32k and your soul

As a follow up, I got $31,500 on trade for the Durango.  No mention of my soul though - maybe it’s in the “I owe” paperwork.  

Michaell

breld said:

qbrozen said:

breld said:

How'd you know? It's quite the coincidence, huh?

Since you mentioned it:

In CO,

2017 Dodge Durango R/T AWD
Silver over black
Tech Package
Sunroof
Captain's chairs
Blacktop package
Rear DVD entertainment system

27k miles

Trade value on something like that?

$32k and your soul

As a follow up, I got $31,500 on trade for the Durango.  No mention of my soul though - maybe it’s in the “I owe” paperwork.  

I saw you sign that form - the I owe section was, mercifully, blank.

Soul intact.

Sandman6472

I think if the Sube was right around 168", I'd have no problems buying it now actually in the color I want. It really blew me away at how nice it drove for a CVT under the hood. Something I could definitely live with on a daily basis. But the size issue is still the pink elephant in the room here. And even though it isn't necessary, having the wife's approval would help also. Not necessary by any means, still, would be nice to have.
So, will just wait till the Golf comes home and go from there. If I'm really bothered by it, I will trade but it's a 50/50 shot really as thinking the collision center will be able to put it back together correctly.

The Sandman

xwesx

explorerx4 said:

Didn't take long for my old truck to drop off the dealer website, less than a week!

Crazy!

tbirdmarco

@breld you are and your wife are real cool nice peapol nice of you all to get your steep sons cair taker that van!

nyccarguy

qbrozen said:

Personally, I'd feel like the Imprezza is a step down from the golf. But to be fair, I have not been in a newer Imprezza.

I second this notion. You aren't going to be happy with that Subaru. I've seen how you gush about the seductive power of the Q50s you drive at work.

stickguy

He needs to drive an Elantra GT with the 1.6t engine. Will really like that one I think.

Sandman6472

The Q50 is definitely intoxicating and would be in trouble if I owned one. Need to try the Elantra GT with the 1.6 to really see how much fun it is. Might do it tomorrow as I have to go back and have them fix the $40 gift card as of course, the manager who did it f’d it up. So need to have them fix it. If time, will try a couple vehicles.
Turns out my new door will be here Wednesday morning and they will have it ready the end of the month. Again, the collision guy said it will be perfect so we’ll see. Let the insurance lady know that I’d love for them to get my $400 deductible back and brought up the subject of diminished value and how we will deal with that. So will see what she says but told her if I sell my Golf soon, won’t get full value due to this accident and it’s not fair since I keep my vehicles pristine all the time.
This nightmare just won’t go away!!!

The Sandman

andres3

sandman_6472 said:

The Q50 is definitely intoxicating and would be in trouble if I owned one. Need to try the Elantra GT with the 1.6 to really see how much fun it is. Might do it tomorrow as I have to go back and have them fix the $40 gift card as of course, the manager who did it f’d it up. So need to have them fix it. If time, will try a couple vehicles.
Turns out my new door will be here Wednesday morning and they will have it ready the end of the month. Again, the collision guy said it will be perfect so we’ll see. Let the insurance lady know that I’d love for them to get my $400 deductible back and brought up the subject of diminished value and how we will deal with that. So will see what she says but told her if I sell my Golf soon, won’t get full value due to this accident and it’s not fair since I keep my vehicles pristine all the time.
This nightmare just won’t go away!!!

The Sandman

If you try the 1.6T in the Elantra, I think you should also try the 2.0T in the GTI. The GTI will be a bit more money, but then you can make a fair comparison if you drive them back to back (or at least within an hour or two).

jpp75

@qbrozen

I have a friend who is looking to sell his 2008 Accord. It's definitely a better private party candidate but wanted to get a ballpark so we know where to start.

It's located in Denver, 2008 EX-L 4 cyl., automatic, 125K miles, 4 door, in good shape but has about $600 worth of needs (rear brakes, etc.). Green exterior with gray leather interior. I'm thinking he'd get $4-$5k at a dealer but he's not replacing it so unless he goes the CarMax or Echo Park (AutoNation's answer to CarMax) I'm pushing him to private party.

Thanks q!

qbrozen

With the needs, probably more like $3500. Private party, I'd take care of all the needs and list it for $6995.

jpp75

Thanks @qbrozen, I was thinking around $7k, appreciate the validation.

boluca

Helping my parents sell their car since they no longer drive. In Raleigh NC.
2010 Ford Fusion, SEL.
Gray exterior and gray leather interior. Satellite radio.
67,000 miles, good tires.
Clean inside and out so I would say good condition except for a softball sized dent in rubber bumper which I couldn't get to pop out. Only one key.
Looking for a CARMAX price to quick sell. Any ideas?

qbrozen

FWD 4-cyl, right?
Tough to say what carmax would do. Most dealers would be at about $5k. Carmax could go $6k if they want it.

boluca

I think it is the 4 cyl, forgot to check. Thanks for the help. We just want an easy sell.

stickguy

Hey, we got a poster looking at these!

explorerx4

Heat gun to warm up the plastic before you try to pop it out?

rbeeman

2017 4Runner TRD Pro in super white with sliding rear cargo deck. Leather, NAV.

located in 76108. What do you think I can expect price wise. Been getting offers of 39k trade in and as high as 42,980. 

Thank you

qbrozen

Well, thanks to google, I figured out you are in Texas. I don't, however, know how many miles the truck has nor what kind of condition it is in (accident history, maintenance needs, etc).