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Real-World Trade-In Values

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Comments

  • rovangstarovangsta Posts: 4
    nyccarguy said:

    rovangsta said:

    Hi - looking to get rid of my 2018 Honda Civic Si Sedan lease. 18k miles, black paint, a few door dings and a repaired front bumper after it was hit and run.

    What would be the best way to do this? Vroom/Carvana etc or trade in to a dealer? What could I expect to get out of it?

    On a side note, what are your thoughts on the Si overall?
    I've loved the car for the most part. It would be perfect if it had come with 25 or 50 more horsepower, which I would solve with a tune if I'd planned to keep it after the lease ends. It was the best value for new smallish sporty cars by far when I bought it, the combo of the performance upgrades (more power, suspension, better transmission, etc) as well as the comfort features offered (moonroof, upgraded stereo) over the regular Civic for only a couple thousand was incredible. It is really fun to drive especially on twisty roads. It gets great gas mileage, averaging about 31 even though I am not conservative with the throttle. And it is pretty big for its class so we have plenty of room for a weekend away with our toddler, dog, and all our crap.

    However, I HATE THE PAINT. Black is hard to take care of anyway, but this thing is full of chips and dings from normal city/suburban usage over the last 2 years I've had it. It's also fairly loud on the highway but that's to be expected. Only other complaints are that the infotainment is kind of crappy but they've fixed several aspects of it in later year models.
  • roadburnerroadburner Posts: 13,730
    @qbrozen : Any ideas on how much the dealer has in this M2?
    Thanks!

    Mine: 1995 318ti Club Sport; 2014 M235i; 2009 Cooper Clubman; 1999 Wrangler; 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i

  • qbrozenqbrozen Posts: 28,133
    oh boy. Lots going on here. Handshaker is a hit. 2 owners is a hit. Miles are on the higher side for one of these. And how the heck did they put on 10k in 6 mos during covid?

    Even if they lost their minds and overpaid, they would (or should) not have broken $36k on it. I'll let you figure out how much profit they should earn on it.

    '07 ML63, '08 Charger R/T Daytona; '67 Coronet R/T; '14 Town&Country Limited; '18 BMW X2. 52-car history and counting!

  • roadburnerroadburner Posts: 13,730
    Thanks!

    Mine: 1995 318ti Club Sport; 2014 M235i; 2009 Cooper Clubman; 1999 Wrangler; 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i

  • xwesxxwesx Fairbanks, AlaskaPosts: 14,083
    qbrozen said:

    oh boy. Lots going on here. Handshaker is a hit. 2 owners is a hit. Miles are on the higher side for one of these. And how the heck did they put on 10k in 6 mos during covid?

    Even if they lost their minds and overpaid, they would (or should) not have broken $36k on it. I'll let you figure out how much profit they should earn on it.

    Cannonball attempts (yes, multiple). :p:D
    2014 Audi Q7 TDI, 2013 Subaru Forester, 1969 Chevrolet C20 Pickup, 1969 Ford Econoline 100, 1976 Ford F250 Pickup
  • roadburnerroadburner Posts: 13,730
    I've heard that the UCM overpays for cars, so no surprise. I'd pay $38k, no more.

    Mine: 1995 318ti Club Sport; 2014 M235i; 2009 Cooper Clubman; 1999 Wrangler; 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i

  • nyccarguynyccarguy Stamford, CTPosts: 14,272
    qbrozen said:

    oh boy. Lots going on here. Handshaker is a hit. 2 owners is a hit. Miles are on the higher side for one of these. And how the heck did they put on 10k in 6 mos during covid?

    Even if they lost their minds and overpaid, they would (or should) not have broken $36k on it. I'll let you figure out how much profit they should earn on it.

    I've put at least that much on my truck in the past 6 months during Covid

    2001 Prelude Type SH, 2017 Pilot Touring AWD, 2019 Tacoma TRD Sport 4WD

  • qbrozenqbrozen Posts: 28,133
    nyccarguy said:

    qbrozen said:

    oh boy. Lots going on here. Handshaker is a hit. 2 owners is a hit. Miles are on the higher side for one of these. And how the heck did they put on 10k in 6 mos during covid?

    Even if they lost their minds and overpaid, they would (or should) not have broken $36k on it. I'll let you figure out how much profit they should earn on it.

    I've put at least that much on my truck in the past 6 months during Covid
    But aren’t you doing deliveries? Pretty sure that’s not the case in an M2. Plus, they were putting far fewer miles on up until 4/2020 and then it jumped all of a sudden. Could be change in job situation, I suppose, and what ultimately led to them dumping it so soon.

    '07 ML63, '08 Charger R/T Daytona; '67 Coronet R/T; '14 Town&Country Limited; '18 BMW X2. 52-car history and counting!

  • nyccarguynyccarguy Stamford, CTPosts: 14,272
    qbrozen said:

    nyccarguy said:

    qbrozen said:

    oh boy. Lots going on here. Handshaker is a hit. 2 owners is a hit. Miles are on the higher side for one of these. And how the heck did they put on 10k in 6 mos during covid?

    Even if they lost their minds and overpaid, they would (or should) not have broken $36k on it. I'll let you figure out how much profit they should earn on it.

    I've put at least that much on my truck in the past 6 months during Covid
    But aren’t you doing deliveries? Pretty sure that’s not the case in an M2. Plus, they were putting far fewer miles on up until 4/2020 and then it jumped all of a sudden. Could be change in job situation, I suppose, and what ultimately led to them dumping it so soon.
    Yes. Deliveries, commuting, hockey...

    2001 Prelude Type SH, 2017 Pilot Touring AWD, 2019 Tacoma TRD Sport 4WD

  • stickguystickguy Posts: 39,270
    qbrozen said:

    nyccarguy said:

    qbrozen said:

    oh boy. Lots going on here. Handshaker is a hit. 2 owners is a hit. Miles are on the higher side for one of these. And how the heck did they put on 10k in 6 mos during covid?

    Even if they lost their minds and overpaid, they would (or should) not have broken $36k on it. I'll let you figure out how much profit they should earn on it.

    I've put at least that much on my truck in the past 6 months during Covid
    But aren’t you doing deliveries? Pretty sure that’s not the case in an M2. Plus, they were putting far fewer miles on up until 4/2020 and then it jumped all of a sudden. Could be change in job situation, I suppose, and what ultimately led to them dumping it so soon.
    It happens. some years back I changed jobs and went from 3 miles each way, to 45. That piled up miles on my Accord real quick.

    2020 Acura RDX tech SH-AWD

  • isellhondasisellhondas Issaquah WashingtonPosts: 20,302
    OK Q, hit me up!

    2007 Lexus ES 350. 147,000 miles! Cleaner than the board of health. Charcoal/Black. New tires 1000 miles ago. BABIED since birth. California car most of it's life. All Service Records. Every available option except Mark Levinson. What do you think? No flaws!
  • corvettecorvette United StatesPosts: 7,833
    In today's market, that will probably be worth more now than it was three years ago.
  • qbrozenqbrozen Posts: 28,133

    OK Q, hit me up!

    2007 Lexus ES 350. 147,000 miles! Cleaner than the board of health. Charcoal/Black. New tires 1000 miles ago. BABIED since birth. California car most of it's life. All Service Records. Every available option except Mark Levinson. What do you think? No flaws!

    You selling it yourself? I would ask $7995. Trade is going to be $5k tops.

    '07 ML63, '08 Charger R/T Daytona; '67 Coronet R/T; '14 Town&Country Limited; '18 BMW X2. 52-car history and counting!

  • I am looking for a trade in value on a 2004 Mercury Monterrey zip 73113. Matedor red Average Condition AC blows hot sometimes cracked windshield. Tires are 7 yrs old Michelin with 50% tread. Interior has a few small stains cloth seats. no dents. single owner no dings on carfax 70,000+ miles. 2 keys. engine and transmission and car run fine.Convenience package tilt, cruise 3 zone ac. manual ac controls. power windows locks cd cassette am/fm radio. non smoker. thanks for your help
  • isellhondasisellhondas Issaquah WashingtonPosts: 20,302
    qbrozen said:

    OK Q, hit me up!

    2007 Lexus ES 350. 147,000 miles! Cleaner than the board of health. Charcoal/Black. New tires 1000 miles ago. BABIED since birth. California car most of it's life. All Service Records. Every available option except Mark Levinson. What do you think? No flaws!

    You selling it yourself? I would ask $7995. Trade is going to be $5k tops.
    OK, we are in total agreement! Thanks!

  • qbrozenqbrozen Posts: 28,133

    I am looking for a trade in value on a 2004 Mercury Monterrey zip 73113. Matedor red Average Condition AC blows hot sometimes cracked windshield. Tires are 7 yrs old Michelin with 50% tread. Interior has a few small stains cloth seats. no dents. single owner no dings on carfax 70,000+ miles. 2 keys. engine and transmission and car run fine.Convenience package tilt, cruise 3 zone ac. manual ac controls. power windows locks cd cassette am/fm radio. non smoker. thanks for your help

    Probably get $500.

    '07 ML63, '08 Charger R/T Daytona; '67 Coronet R/T; '14 Town&Country Limited; '18 BMW X2. 52-car history and counting!

  • wow that's a little lower than I thought it might fetch. I've seen higher miles listed for 6700. I figured maybe 1500-2000. I think it would make a decent grocery getter for someone, but know that it's an older not in demand appliance with some issues.
  • 28firefighter28firefighter Seattle, WAPosts: 7,067
    Retail and wholesale are two different things.

    If you sold it privately you could probably ask $4k-$5k.
    2019 Subaru Outback 3.6R Limited, 2019 BMW i3 REX, 2004 BMW 330i ZHP 6MT
  • I hear you. It it was mine, I would try for a private sale.
  • qbrozenqbrozen Posts: 28,133
    edited October 11

    wow that's a little lower than I thought it might fetch. I've seen higher miles listed for 6700. I figured maybe 1500-2000. I think it would make a decent grocery getter for someone, but know that it's an older not in demand appliance with some issues.

    You’ve seen a 17-yr-old discontinued and unloved Ford minivan for $6700?? That’s ... disturbing. That seller needs hospitalization.

    And, no, I don’t think you’d get $4k with so much wrong with it.

    '07 ML63, '08 Charger R/T Daytona; '67 Coronet R/T; '14 Town&Country Limited; '18 BMW X2. 52-car history and counting!

  • nyccarguynyccarguy Stamford, CTPosts: 14,272
    qbrozen said:

    I am looking for a trade in value on a 2004 Mercury Monterrey zip 73113. Matedor red Average Condition AC blows hot sometimes cracked windshield. Tires are 7 yrs old Michelin with 50% tread. Interior has a few small stains cloth seats. no dents. single owner no dings on carfax 70,000+ miles. 2 keys. engine and transmission and car run fine.Convenience package tilt, cruise 3 zone ac. manual ac controls. power windows locks cd cassette am/fm radio. non smoker. thanks for your help

    Probably get $500.
    You are in quite the generous mood @qbrozen ;)

    2001 Prelude Type SH, 2017 Pilot Touring AWD, 2019 Tacoma TRD Sport 4WD

  • qbrozenqbrozen Posts: 28,133
    nyccarguy said:

    qbrozen said:

    I am looking for a trade in value on a 2004 Mercury Monterrey zip 73113. Matedor red Average Condition AC blows hot sometimes cracked windshield. Tires are 7 yrs old Michelin with 50% tread. Interior has a few small stains cloth seats. no dents. single owner no dings on carfax 70,000+ miles. 2 keys. engine and transmission and car run fine.Convenience package tilt, cruise 3 zone ac. manual ac controls. power windows locks cd cassette am/fm radio. non smoker. thanks for your help

    Probably get $500.
    You are in quite the generous mood @qbrozen ;)
    Well, ya know, $500 always seems to be the minimum they’ll give. About $350 scrap value and a $150 “feel good” add. ;b

    '07 ML63, '08 Charger R/T Daytona; '67 Coronet R/T; '14 Town&Country Limited; '18 BMW X2. 52-car history and counting!

  • qbrozen said:

    wow that's a little lower than I thought it might fetch. I've seen higher miles listed for 6700. I figured maybe 1500-2000. I think it would make a decent grocery getter for someone, but know that it's an older not in demand appliance with some issues.

    You’ve seen a 17-yr-old discontinued and unloved Ford minivan for $6700?? That’s ... disturbing. That seller needs hospitalization.

    And, no, I don’t think you’d get $4k with so much wrong with it.
    It was on Autotrader in the US Somewhere. I put unlimited miles away from my zip since there aren't many of these still on the road or originally sold. It was at a dealer. I would have to look to see where. I think some dealers had 200-300 thousand miles and wanted maybe 2-4000 if my memory serves me correct.
  • qbrozen said:

    wow that's a little lower than I thought it might fetch. I've seen higher miles listed for 6700. I figured maybe 1500-2000. I think it would make a decent grocery getter for someone, but know that it's an older not in demand appliance with some issues.

    You’ve seen a 17-yr-old discontinued and unloved Ford minivan for $6700?? That’s ... disturbing. That seller needs hospitalization.

    And, no, I don’t think you’d get $4k with so much wrong with it.
    I was thinking maybe get 1500-2000 trade in based on book values. I know that books dont buy cars, but know that it would be in the ballpark for some cash buyers
  • qbrozen said:

    wow that's a little lower than I thought it might fetch. I've seen higher miles listed for 6700. I figured maybe 1500-2000. I think it would make a decent grocery getter for someone, but know that it's an older not in demand appliance with some issues.

    You’ve seen a 17-yr-old discontinued and unloved Ford minivan for $6700?? That’s ... disturbing. That seller needs hospitalization.

    And, no, I don’t think you’d get $4k with so much wrong with it.
    It was on Autotrader in the US Somewhere. I put unlimited miles away from my zip since there aren't many of these still on the road or originally sold. It was at a dealer. I would have to look to see where. I think some dealers had 200-300 thousand miles and wanted maybe 2-4000 if my memory serves me correct.
    A Toyota dealer in Columbia, Mo had it listed on ----trader at like $66XX
  • qbrozenqbrozen Posts: 28,133
    they are selling for under $1k at auction, so they really have no need to overpay on a trade. And, of course, most dealers you are buying a new car from aren't going to keep that on their lot.

    '07 ML63, '08 Charger R/T Daytona; '67 Coronet R/T; '14 Town&Country Limited; '18 BMW X2. 52-car history and counting!

  • I know it will be sent off somewhere else. lol. I will report back with what the offer or offers come in at. thanks for the your firsthand knowledge of the auction numbers.
  • steine13steine13 Posts: 2,782
    >> aren't many of these still on the road or originally sold.
    There's a message in there somewhere. You'd have no problem finding Siennas that old, or Caravans, for that matter. The Monterey is rare but a copy of the Windstar, which are a little more plentiful.

    Dealer asking prices for old sleds like that are often ridiculous because, well, used-car dealers, and because they might have to pony up on a worthless trade. 15-year-old used cars on dealer lots are about everything but the car in question. And no matter what, $6 for an 04 Monterey is a joke.

    This van is worthless on trade. Private sale, whatever you can get... clean, no crack, everything working including AC, might see high $2s if it's really nice... pandemic pricing... if you look at enough old cars, most of them are rats, so a nice one really stands out. This model was unloved for a reason, though. I personally wouldn't buy it without AC, not in OK city. Lots of families in need of transportation....miles are low, list for $1900, hope & pray?

    [Had to look up the ZIP. As Terry used to say, do I look like the post office?]
    cheers -mathias
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