Real-World Trade-In Values

stickguy

gorgeous color combo though.

28firefighter

And I love me a good sport wagon...

Michaell

28firefighter said:

And I love me a good sport wagon...

Don't we all....

cdnpinhead

Michaell said:

Don't we all....

Apparently not, else they'd still be available as new vehicles. The people who acquire (mostly lease) new BMWs are way (way) different than the people on these boards and the people who made BMW what it was "back in the day."

Mr_Shiftright

160K? That's almost the car's statistical lifetime. So really, it's worth just about what Q says it is IMO. If I were appraising it for a total loss, and trying to be helpful to a client, I might write it up for $5500. Insurance company would probably offer around $3800.

28firefighter

You guys are a massive buzz kill. Just because you're right....

explorerx4

@stickguy,
He was almost talked off the cliff until you chimed in.

qbrozen

Hey, I want one of those, too, but I would tread oh so carefully, and it would have far fewer miles.

Mr_Shiftright

28firefighter said:

You guys are a massive buzz kill. Just because you're right....

That's not fair. We didn't say "Don't". We said "not at that price".

28firefighter

I just meant the constant reminder of the blown volvo AWD systems. It's only a buzz kill because it seems there are no S60/V70 T5s floating around in a stick. Only the Rs. Which I suppose there is good reason for that...

Mr_Shiftright

There are usually two reasons for scarcity in modern used cars. One, there was a high casualty rate or high repair cost; two, few people ordered them when they were new.

carperso

Asking for a family member. Moving into the city.

2018 camry SE

5k miles
gray on black
Convenience
Blind spot

New england area.

TIA.

nyccarguy

Mr_Shiftright said:

There are usually two reasons for scarcity in modern used cars. One, there was a high casualty rate or high repair cost; two, few people ordered them when they were new.

I almost bailed on my Prelude at 54K miles when the clutch burnt out and had to be replaced along with the flywheel & thow our bearing to the tune of close to $2,500.

Mr_Shiftright

I would certainly bail on my Mini at that level of repair cost, but I would think a Prelude more worth the investment.

qbrozen

carperso said:

Asking for a family member. Moving into the city. 2018 camry SE 5k miles gray on black Convenience Blind spot New england area. TIA.

About $20k.
but why does he/she need trade value if getting rid of due to move to city?

stickguy

just curious, but what would a 2015 Jetta sport be going for these days? White over 2 tone whtie/black. Normal stuff. Automatic. About 30,000 miles. clean condition and carfax.

Residual is $13,004. I think.

qbrozen

Mid $10k

stickguy

Meaning like $10,500 on a trade? Ouch.

qbrozen

Meaning $10.5 at auction. Less on trade

stickguy

Makes sense. I think I have seen listings at the dealer at around the residual. So not terrible buyout if I actually wanted it. Don’t think I do though.

28firefighter

OK - what about this one:

2005 Acura TSX
Black/Black
6spd
98k miles
1-Owner, Dealer Serviced since new.
Private party asking $6k

This seems like a better option...

kyfdx

28firefighter said:

OK - what about this one:

2005 Acura TSX
Black/Black
6spd
98k miles
1-Owner, Dealer Serviced since new.
Private party asking $6k

This seems like a better option...

That's cool, and relatively low miles... but, $6K for a 12 yr old Acura?

I guess it's worth it, compared to what you get for $4K, though.

tifighter

That sounds pretty good to me, despite the black/black combo. What else can you buy for $6k that's one owner, serviced and known to be a solid reliable car? Plus I'm guessing manual versions aren't falling out of trees, anyhow.

28firefighter

Seems crazy, but really, what else do you get that isn't a ticking time bomb or absolute trashed for that price?

kyfdx

28firefighter said:

Seems crazy, but really, what else do you get that isn't a ticking time bomb or absolute trashed for that price?

Yeah.. I agree.

I test drove those, when new. I really liked it. Typically great Honda shifter/clutch.

nyccarguy

28firefighter said:

Seems crazy, but really, what else do you get that isn't a ticking time bomb or absolute trashed for that price?

$5,000 is the new $1,000

stickguy

great cars. I drove one back in 2005 but ended up getting an Accord instead (both sticks naturally!) because it was a smashing deal. I think it ended up being close to 10K less for an Accord EX-L. Close enough for that savings at the time.

the TSX has fantastic seats too. Some of my favorites.

yet another car if I found a clean, maintained one by me I would scoop up to serve as my spare wheels.

stickguy

as an FYI, I searched 30 miles to me. out of 43 hits, 1 manual. Mo money, Mo miles. Not a chance I spend this much on this car.

https://www.cars.com/for-sale/searchresults.action/?mdId=22248&mkId=20001&page=1&perPage=20&rd=30&searchSource=GN_REFINEMENT&showMore=false&sort=relevance&stkTypId=28881&transTypeId=28112&zc=08043

going out 100 miles, cars.com lists 7. This one is almost a twin of the one you found. But even more money. And I would not believe it is actually a stick without a picture of the shifter!

https://www.cars.com/vehicledetail/detail/735146968/overview/

FWIW, cars.com lists that car at that price as a "good" deal.

pensfan83

There's quite a few people on AcuraZine that refuse to part with their 6 speed TSX or 6 TL. Some of the older ones like the one you posted are well north of 100K but they look great and probably still drive that way too.

cdnpinhead

I'm driving a 6-speed TSX that I bought new a bit over ten years ago, and it still runs like a top. Quite a few cosmetic issues (Honda paint doesn't do well in the desert), but I have no plans to replace it any time soon. If I had to, I have no idea what I'd choose in its place.

lookingforagti

Reposting here to get an estimate:

Currently leasing a 2015 VW GTI (SE w/ lightning pkg), paying $380/month incl tax, 10k/36mo, current mileage is at 22000 out of 30000
2 payments left with a return date of 8/1/2018.

I'm interested in transitioning to BMW and am wondering what my (best) options are at this point. Should I just ride out the lease, return the car and head over to BMW or are there other, more profitable ways of moving forward?

28firefighter

This is what I'm looking at:
https://seattle.craigslist.org/see/cto/d/acura-tsx-good-condition-98k/6583448251.html

stickguy

are you sure that is really a stick? no pictures of course, and not specified in the description (I learned to say manual about 5 different times, because of how many people are truly dense!), but he does mention having the trans fluid changed recently. And that to me says more like an automatic.

28firefighter

I sent an email - will find out. Good catch though...

28firefighter

@stickguy wins! Actually an automatic.

Mr_Shiftright

Q---you got anything on a 2017 Jaguar XE 20D, average miles, southern California? This is the oil-burner 4 cylinder AWD.

qbrozen

lookingforagti said:

Reposting here to get an estimate:

Currently leasing a 2015 VW GTI (SE w/ lightning pkg), paying $380/month incl tax, 10k/36mo, current mileage is at 22000 out of 30000
2 payments left with a return date of 8/1/2018.

I'm interested in transitioning to BMW and am wondering what my (best) options are at this point. Should I just ride out the lease, return the car and head over to BMW or are there other, more profitable ways of moving forward?

how many doors and how many pedals? Also need color and region.

qbrozen

Mr_Shiftright said:

Q---you got anything on a 2017 Jaguar XE 20D, average miles, southern California? This is the oil-burner 4 cylinder AWD.

which trim?

Mr_Shiftright

Oh you mean premium or prestige? Dang. I don't know. :@

lookingforagti

qbrozen said:

Reposting here to get an estimate:

Currently leasing a 2015 VW GTI (SE w/ lightning pkg), paying $380/month incl tax, 10k/36mo, current mileage is at 22000 out of 30000
2 payments left with a return date of 8/1/2018.

I'm interested in transitioning to BMW and am wondering what my (best) options are at this point. Should I just ride out the lease, return the car and head over to BMW or are there other, more profitable ways of moving forward?

how many doors and how many pedals? Also need color and region.

4 dr, automatic, white, SF California 

thank you 

nyccarguy

28firefighter said:

I sent an email - will find out. Good catch though...

Even if it WAS a stick, it doesn’t check one of the boxes, Room for Sam’s Rear Facing Car Seat.  The 1st generation TSX was a wonderful driving car.  One of its “faults” was the diminutive back seat.

Mr_Shiftright

I'll get back to you on that Jaguar XE 20d, Q.

28firefighter

nyccarguy said:

28firefighter said:

I sent an email - will find out. Good catch though...

Even if it WAS a stick, it doesn’t check one of the boxes, Room for Sam’s Rear Facing Car Seat.  The 1st generation TSX was a wonderful driving car.  One of its “faults” was the diminutive back seat.

Good call. 

qbrozen

lookingforagti said:

qbrozen said:

Reposting here to get an estimate:

Currently leasing a 2015 VW GTI (SE w/ lightning pkg), paying $380/month incl tax, 10k/36mo, current mileage is at 22000 out of 30000
2 payments left with a return date of 8/1/2018.

I'm interested in transitioning to BMW and am wondering what my (best) options are at this point. Should I just ride out the lease, return the car and head over to BMW or are there other, more profitable ways of moving forward?

how many doors and how many pedals? Also need color and region.

4 dr, automatic, white, SF California 

thank you 

About low to mid 15s on a trade. What's the end of lease buyout?

andres3

A co-worker has been bringing in a nice yellow '08 Cayman S with only 45,000 miles on it the last few days. How much should I offer for it?

lookingforagti

qbrozen said:

lookingforagti said:

qbrozen said:

Reposting here to get an estimate:

Currently leasing a 2015 VW GTI (SE w/ lightning pkg), paying $380/month incl tax, 10k/36mo, current mileage is at 22000 out of 30000
2 payments left with a return date of 8/1/2018.

I'm interested in transitioning to BMW and am wondering what my (best) options are at this point. Should I just ride out the lease, return the car and head over to BMW or are there other, more profitable ways of moving forward?

how many doors and how many pedals? Also need color and region.

4 dr, automatic, white, SF California 

thank you 

About low to mid 15s on a trade. What's the end of lease buyout?

The residual value is listed at around 17.3 in the contract.. given the fact that I have 2 payments left, what do you think would be the next best move? Wait it out or see if BMW is willing to take over the lease?

again thanks for the advice!

stickguy

my experience recently is that they won't take it over the lease at that point. But, will move some numbers around on the paperwork and offer to make the last 2 payments. To you though, so you still have to keep the VW and deal with turning it in. They don't want to but it out for what it would cost, so it needs to go back anyway.

so short answer, make the payments and turn it back in to VW and be done with it.

qbrozen

I agree with stick. You'll pay for it either way.

stickguy

I was not surprised that the Acura dealer wanted to do it that way. I was surprised when the Hyundai dealer would do the same same.

lookingforagti

Thanks! I guess waiting 2 more months isn’t the worst thing in the world.

I take it there is no incentive for the dealer to go through with a trade-in? Just as an FYI, both  NADA and KBB list the trade-in value at around the residual value listed in the contract