Real-World Trade-In Values

qbrozen

Considering your residual plus remaining 2 payments is roughly $2500 more than they'd give you for trade, it is your worst possible option. Why roll $2500 into your next lease rather than pay your $760 in payments plus ...$350?...lease disposal fee? 

See if NADA or Kelly will buy your GTI. [that's a joke, BTW]

lookingforagti

  yes I get the picture. Alright, so paying off the lease is the way to go than.

butchbr73

nyccarguy said:

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

^^ well said, was just looking for a vehicle for my son... anything halfway reliable and decent under $10k... eye-opener these days. I might go ahead and say $10,000 is the new $5,000...

nyccarguy

butchbr73 said:

nyccarguy said:

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

^^ well said, was just looking for a vehicle for my son... anything halfway reliable and decent under $10k... eye-opener these days. I might go ahead and say $10,000 is the new $5,000...

Have you looked into leasing a car for him? There are A LOT of cars out there that you can lease for between $200 & $250 per month. At $250 per month plus up front fees and disposition fees you are right at around $10K for 3 years with ZERO repair costs & ZERO headaches. Just a few oil changes and tire rotations. A few of our members have done that for their college aged children (@breld & @stickguy).

stickguy

I highly recommend it. If the travel distance is long (my kid was 450 miles away), parking situation is reasonable, they gave a regular need for it at school too, and they are responsible. In our case, all 4 applied.

If she had been say 1/2 hour away, I probably would have kept the old car.

qbrozen

nyccarguy said:

butchbr73 said:

nyccarguy said:

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

^^ well said, was just looking for a vehicle for my son... anything halfway reliable and decent under $10k... eye-opener these days. I might go ahead and say $10,000 is the new $5,000...

Have you looked into leasing a car for him? There are A LOT of cars out there that you can lease for between $200 & $250 per month. At $250 per month plus up front fees and disposition fees you are right at around $10K for 3 years with ZERO repair costs & ZERO headaches. Just a few oil changes and tire rotations. A few of our members have done that for their college aged children (@breld & @stickguy).

heck, you can even do better than that with some of these hackr deals. I've seen Terrains and Encores for well under $200.

nyccarguy

qbrozen said:

nyccarguy said:

butchbr73 said:

nyccarguy said:

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

^^ well said, was just looking for a vehicle for my son... anything halfway reliable and decent under $10k... eye-opener these days. I might go ahead and say $10,000 is the new $5,000...

Have you looked into leasing a car for him? There are A LOT of cars out there that you can lease for between $200 & $250 per month. At $250 per month plus up front fees and disposition fees you are right at around $10K for 3 years with ZERO repair costs & ZERO headaches. Just a few oil changes and tire rotations. A few of our members have done that for their college aged children (@breld & @stickguy).

heck, you can even do better than that with some of these hackr deals. I've seen Terrains and Encores for well under $200.

Don't think I haven't been looking into that to shuffle some money around. Some of the Q50 deals were nuts last month, they are higher this month, but still good. If I could get into 2 hackr deals with 10K per year each (or a 10K & 12K), it would make my day. Problem being I like the fleet right now and don't want to be in a position to drive a nice car like the Q50 for 6 months and then a penalty box for the other 6. My Prelude obviously isn't going anywhere, I've got a little less than 2 years to pay off the Q40 (and I like it as a daily driver), and the Pilot (2017 AWD Touring, 7K miles, Obsidian Blue/Grey Leather) is perfect for our family (although I wish I could pull the $10,500 out of it I put down back in December).

28firefighter

qbrozen said:

nyccarguy said:

butchbr73 said:

nyccarguy said:

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

^^ well said, was just looking for a vehicle for my son... anything halfway reliable and decent under $10k... eye-opener these days. I might go ahead and say $10,000 is the new $5,000...

Have you looked into leasing a car for him? There are A LOT of cars out there that you can lease for between $200 & $250 per month. At $250 per month plus up front fees and disposition fees you are right at around $10K for 3 years with ZERO repair costs & ZERO headaches. Just a few oil changes and tire rotations. A few of our members have done that for their college aged children (@breld & @stickguy).

heck, you can even do better than that with some of these hackr deals. I've seen Terrains and Encores for well under $200.

Not this month. Previous 2 months were phenomenal with Terrain/Encore/Equinox.

pensfan83

nyccarguy said:

Have you looked into leasing a car for him? There are A LOT of cars out there that you can lease for between $200 & $250 per month. At $250 per month plus up front fees and disposition fees you are right at around $10K for 3 years with ZERO repair costs & ZERO headaches. Just a few oil changes and tire rotations. A few of our members have done that for their college aged children (@breld & @stickguy).

+1

My parents did this for my brother who is in college for this same reason.

Mr_Shiftright

andres3 said:

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?

They seem to be selling around $25K private party, but you'd better get a PPI beforehand, unless you wanna roll big dice. Nice car! Don't know about the yellow part.

stickguy

the headaches can be real. My oldest took the family TL with him. The house he lived in (and the parking) was a non starter for a new car. And, it was a real nice car, even with the 160K or so on it. And he was only about 240 miles away! and a boy, to be sexist. and the drive was not so horrible (princess takes the death ride on I95 through DC).

anyway, 1st 2 years, great. no issues. senior year, it started having problems. Alternator died. A coil pack died. Multiple tows. Got stranded an extra day at the end. Thankfully all the problems happened local, not on the road. But me trying to deal with getting it fixed from long distance was a nightmare. If he had been going back for another year, that car would not have been going with him!

xwesx

Well, in the grand scheme, those were all minor things, Stick. And, IMO, it helps teach drivers more respect for their cars, as they are more than just tools that get you from a to b.... you have to actually feed and care for them like a pet!

Man, I don't even want to go into all the "drama" I experienced with my early vehicles. But, I still have those early vehicles, so I guess that says something about how those events endeared the vehicles to me.

Mr_Shiftright

Hi Q----I'm baaaaack:

Any auction results for a 2017 Jaguar XE 20D Premium, California, 5,100 miles, color blue, loaded but didn't see NAV.

qbrozen

Mr_Shiftright said:

Hi Q----I'm baaaaack: Any auction results for a 2017 Jaguar XE 20D Premium, California, 5,100 miles, color blue, loaded but didn't see NAV.

If 2wd, only one went through. In PA. $38k.

zero AWD comps

Mr_Shiftright

Yes, RWD. That's a pretty strong auction price! I think MSRP for a well equipped 20D RWD is around $43,000.

Thanks a lot! Let me know if anything else pops up on this.

qbrozen

Mr_Shiftright said:

Yes, RWD. That's a pretty strong auction price! I think MSRP for a well equipped 20D RWD is around $43,000. Thanks a lot! Let me know if anything else pops up on this.

And truecar has 2018s for $39.7k. So go figure. It is just one example so i wouldnt think much on it.

Mr_Shiftright

Ah, yes, the fallacy of "The Data Base of One".

qbrozen

BTW, v6 premium? $28k-$29k.

corvette

28firefighter said:

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

They updated the transmission to "automatic," but it's still listed as RWD.

steine13

All this activity has me thinking... the General sent a little GM card money my way, and the stick shift Cruzes will be a thing of the past by 2019... so if it's not a complete waste of money, I might get myself a manual transmission in a hatchback. I'm going to guess there aren't any comps, but data on the automatics would be useful, too.

What do these bring at auction?

2017 Chevrolet Cruze hatchback LT
Say, 15k miles
any color, any transmission. With the 1.4 l turbo.

Thanks in advance!
-Mathias

qbrozen

Out of 91 in the past month, only ONE was a manual. Made no difference in sale price.

Anyway, mid $13s

steine13

Wow, q, you're on the ball today! Thanks!
Methinks I could get one for $15 + TTL, so I wouldn' get hurt too badly.

The 'upgrade' to the automatic is only $200 when new. In reality, the automatic is cheaper to build, or so I read.

Mr_Shiftright

qbrozen said:

BTW, v6 premium? $28k-$29k.

So a diesel engine can't be worth $10K add-on, that's for sure.

I wonder what, if any, add-on there should be for the diesel?

corvette

Mr_Shiftright said:

BTW, v6 premium? $28k-$29k.

So a diesel engine can't be worth $10K add-on, that's for sure. I wonder what, if any, add-on there should be for the diesel?

Is the diesel faster or more refined than the V6? If not, I’m going to say no premium. Fuel economy doesn’t matter in that segment. 

Mr_Shiftright

No, it's not faster from what I"ve read. I haven't driven one, but I'd like to.

corvette

And by faster, I mean not just the numbers... If it has gobs of usable torque and is easier to get off the line quickly, but you have to floor it in the V6 to get the same effect, then I can see paying a premium for it. Not $10,000, though!

28firefighter

I drove the Viggen. He wants $4k. It needs some seals and gaskets done to the tune of $2k. Body could use some spiffing up, but nothing unexpected for a 15 year old car.

I love it. It’s totally irrational. Please bring me down. 

28firefighter

I half wonder if it would make more sense to buy a new WRX and just flip it if I don’t like it. Seems like they barely depreciate. 

steine13

>> Please bring me down.

Sorry mate, you're' in the wrong support group for that...

stickguy

if you are lusting after the Viggen, buy it. Tell the guy best you can do with those needs is $3k, fix the seals, and drive it until you get it out of your system. Or it blows up. Whichever comes first.

bottom line, it is only money, and not really very much of it. So a cheap fix!

Mr_Shiftright

Sure, go for it! But remember, then you OWN it. No whining allowed! Are we not men?

We are MEN.

taco2sday

Dealer in Arizona keeps a lot of new Volvos on hand from ’16 and ’17. Been offered a ’16 Volvo S60 T5 Platinum Inscription Series Sedan (<100 miles) with $45,875 sticker for $32k. Looking for help in evaluating this offer, including thoughts on a counteroffer.

qbrozen

taco2sday said:

Dealer in Arizona keeps a lot of new Volvos on hand from ’16 and ’17. Been offered a ’16 Volvo S60 T5 Platinum Inscription Series Sedan (<100 miles) with $45,875 sticker for $32k. Looking for help in evaluating this offer, including thoughts on a counteroffer.

FWD or AWD?

sb55

@qbrozen
My daughter is looking in Albany, NY
2014 Kia Soul + , 90,xxx miles, , FWD, Auto, Graphite gray over black. First owner was rental in Maryland for first 35K miles. Asking $8998.00

corvette

sb55 said:

@qbrozen My daughter is looking in Albany, NY 2014 Kia Soul + , 90,xxx miles, , FWD, Auto, Graphite gray over black. First owner was rental in Maryland for first 35K miles. Asking $8998.00

Sounds steep for a five year old Kia with 90k, but qb has better data than I do. 

qbrozen

Sounded pricey to me, too, but $7k auction value says otherwise. $9k is a good deal retail. Private party would be better at $8500 or so.

If it has needs, start deducting

Mr_Shiftright

I saw an interesting car for sale: a 2013 VW Golf 4-door TDI hatch/wagon, with 18,000 miles on it. How does one price such a thing? Automatic, California.

I was thinking around $12K would be high retail money.

qbrozen

$11.5k is trade-in value. So go from there.
low miles on the TDIs isn't all that uncommon. I see 5 just in the past month with mileage from 10k to 25k.

steine13

And now for something a little different...

It's a 1998 LS400 -- I had to look up the exact name; it appears to be the last year of the original body style.

The car was traded in at the local VW/Audi dealer -- from this I take it was reliable to the last, because people who've experienced car trouble don't shop at Audi -- and it's extremely clean on the inside.

The "Retiree" parking sticker tells me it was most likely owned by a faculty member... our electricians, for example, have less of a tendency to come to work every day after they retire...

The original window sticker is in the glove box; that bespeaks a certain level of care.

No idea on miles, unfortunately, and I couldn't get a good picture of the VIN... what are these worth...?
Thanks -mathias

corvette

That is a nice looking LS. The styling is very classic. Miles are a big question mark--I'm pretty sure those are known to exceed 250k with some regularity.

Mr_Shiftright

It's not worth much at all, but it would be a nice car to use as an everyday driver while your little treasure sits in the garage. They have a few weak spots, but generally bullet-proof. I'd imagine $2500--$4,000 would buy most any clean example.

qbrozen

No idea on miles but what is it worth? Somewhere between $50 and $5000.

steine13

Cute.
Now it has 173,529 miles -- does that narrow it down?

kyfdx

steine13 said:

Cute.
Now it has 173,529 miles -- does that narrow it down?

$500-$2000

qbrozen

Yikes. Well, could be $3k if its nice enough. They probably gave $1k-$1500 for it.

andres3

steine13 said:

And now for something a little different...

It's a 1998 LS400 -- I had to look up the exact name; it appears to be the last year of the original body style.

The car was traded in at the local VW/Audi dealer -- from this I take it was reliable to the last, because people who've experienced car trouble don't shop at Audi -- and it's extremely clean on the inside.

The "Retiree" parking sticker tells me it was most likely owned by a faculty member... our electricians, for example, have less of a tendency to come to work every day after they retire...

The original window sticker is in the glove box; that bespeaks a certain level of care.

No idea on miles, unfortunately, and I couldn't get a good picture of the VIN... what are these worth...?
Thanks -mathias

I most definitely have experienced car trouble, but not in my Honda or Audi automobiles. I guess I'm an outlier.

Mr_Shiftright

Well obviously the previous owner ran it as an everyday car. That's 8700 miles a year.

Given those high miles, I think $2500 --$3000 is all the money. Check for power steering leaks, faulty heated seats, digital dash issues, worn suspension.

stickguy

If a quick test drive was uneventful, I would roll with that for $2500. Should be able to handle my 5k/year miles OK.

28firefighter

stickguy said:

If a quick test drive was uneventful, I would roll with that for $2500. Should be able to handle my 5k/year miles OK.

This is where I am at. My plan (tentatively) is to keep the Viggen as a DD for a while - which in CCBA terms in 6 months- 1 year, then relegate it to weekend/fun car status. The ability to have a completely unassuming, fairly basic, sport sedan is pretty entertaining. I've already received a thumbs up from people at a stop light.

kyfdx

28firefighter said:

stickguy said:

If a quick test drive was uneventful, I would roll with that for $2500. Should be able to handle my 5k/year miles OK.

This is where I am at. My plan (tentatively) is to keep the Viggen as a DD for a while - which in CCBA terms in 6 months- 1 year, then relegate it to weekend/fun car status. The ability to have a completely unassuming, fairly basic, sport sedan is pretty entertaining. I've already received a thumbs up from people at a stop light.

That seems like a long-term plan for a $4K car. Better give it a few months, and see how it goes.

Pretty cool, though. For the amount I drive now, I could do that.