Real-World Trade-In Values

qbrozen

56?! That must be a mistake. Their system is not seeing it as an M or something. Maybe you should email.

krwest1

qbrozen said:

56?! That must be a mistake. Their system is not seeing it as an M or something. Maybe you should email.

Either a mistake or they really don't want it. I'll shoot them an email.

roadburner

qbrozen said:

tj11119 said:

Appreciate help trade pricing for a:
2019 BMW X2 sdrive28i
Automatic with 15,000 miles.
Gold exterior, beige interior.
Convenience pkg, Pano Moonroof, Premium wheels, located in socal 92154

Thanks in advance

Quite a variation on these. I suppose the level of equipment is making most of the difference. Yours is rather sparsely optioned, and I’d imagine gold won’t be very popular (I wasn’t aware that was even a color choice) so I’d have to take a shot at $25k-$26k.

It's FWD as well...

qbrozen

roadburner said:

qbrozen said:

tj11119 said:

Appreciate help trade pricing for a:
2019 BMW X2 sdrive28i
Automatic with 15,000 miles.
Gold exterior, beige interior.
Convenience pkg, Pano Moonroof, Premium wheels, located in socal 92154

Thanks in advance

Quite a variation on these. I suppose the level of equipment is making most of the difference. Yours is rather sparsely optioned, and I’d imagine gold won’t be very popular (I wasn’t aware that was even a color choice) so I’d have to take a shot at $25k-$26k.

It's FWD as well...

Yes, no worries, I was only comparing only Sdrive.

krwest1

qbrozen said:

krwest1 said:

Looking for trade value for 2020 BMW X3M Competition. Alpine White. 7000 miles. Driving Assistance Plus. Executive Package. Front ventilated seats. Located in South Carolina 29588. Thanks in advance.

Tough one. A similar vehicle went through Atlanta auction for $68,750, but there was a blue one in CA for $66k and a gray one in PA for $67k. Trade? Might be $65k is as comfortable as a dealer would be. Have you tried running it past Carvana/Vroom? I'd be curious where they hit it.

Carvana finally came back at 61.5

qbrozen

krwest1 said:

qbrozen said:

krwest1 said:

Looking for trade value for 2020 BMW X3M Competition. Alpine White. 7000 miles. Driving Assistance Plus. Executive Package. Front ventilated seats. Located in South Carolina 29588. Thanks in advance.

Tough one. A similar vehicle went through Atlanta auction for $68,750, but there was a blue one in CA for $66k and a gray one in PA for $67k. Trade? Might be $65k is as comfortable as a dealer would be. Have you tried running it past Carvana/Vroom? I'd be curious where they hit it.

Carvana finally came back at 61.5

geesh.

krwest1

qbrozen said:

krwest1 said:

qbrozen said:

krwest1 said:

Looking for trade value for 2020 BMW X3M Competition. Alpine White. 7000 miles. Driving Assistance Plus. Executive Package. Front ventilated seats. Located in South Carolina 29588. Thanks in advance.

Tough one. A similar vehicle went through Atlanta auction for $68,750, but there was a blue one in CA for $66k and a gray one in PA for $67k. Trade? Might be $65k is as comfortable as a dealer would be. Have you tried running it past Carvana/Vroom? I'd be curious where they hit it.

Carvana finally came back at 61.5

geesh.

GiveMeTheVIN came in at 64. Are they legit?

ronsteve

So being a vague CCB at heart, just for sh*ts and giggles I entered my RDX into Carvana and Vroom the other day... it's a '15 AWD Tech with 77K. I was thinking maybe in the 13s but Vroom was just north of 14 and Carvana was 15,4! Can't say I was in the market, but at what point is the number big enough that it's a good opportunity to sell high?

And it wasn't too long ago that I had it in for routine service and I noticed a '16 Allroad on the lot... is it the right time and price for a proper wagon again? https://www.acuraatoxmoor.com/used-Louisville-2016-Audi-allroad-20T+Premium+Plus+quattro-WA1UFAFL8GA017439

stickguy

the problem with taking the bubble to sell it, is you are likely to get hosed trying to buy a replacement. But a great time to dump a spare car you don't really need anyway!

ChrisConroy

Hi all, looking for a trade in value. Thanks in advance for the help. I’ve got a 2005 BMW 330i with 125k miles. Silver. Location is Denver Colorado. Standard options. Car is cosmetically in good shape. Needs suspension work. Was thinking of trading it in rather than selling private party. Might be foolish or ignorance but I don’t think my conscience would feel good if I sold it private party knowing it needs $2k in suspension work. Figure this car will be wholesaled by a dealer. What do you think is a reasonable trade in amount? Thanks.

28firefighter

ChrisConroy said:

Hi all, looking for a trade in value. Thanks in advance for the help. I’ve got a 2005 BMW 330i with 125k miles. Silver. Location is Denver Colorado. Standard options. Car is cosmetically in good shape. Needs suspension work. Was thinking of trading it in rather than selling private party. Might be foolish or ignorance but I don’t think my conscience would feel good if I sold it private party knowing it needs $2k in suspension work. Figure this car will be wholesaled by a dealer. What do you think is a reasonable trade in amount? Thanks.

Unless this is a special edition (e.g a ZHP), I'd sell it private party with clear pictures, a list of all maintenance history over the past 3 years (especially cooling system, VANOS, etc.) and current needs. I'm assuming you're looking at a $3k-$4k car given the needs private party. If it has lights on the dash, cosmetic issues, etc. keep deducting.

qbrozen

ChrisConroy said:

Hi all, looking for a trade in value. Thanks in advance for the help. I’ve got a 2005 BMW 330i with 125k miles. Silver. Location is Denver Colorado. Standard options. Car is cosmetically in good shape. Needs suspension work. Was thinking of trading it in rather than selling private party. Might be foolish or ignorance but I don’t think my conscience would feel good if I sold it private party knowing it needs $2k in suspension work. Figure this car will be wholesaled by a dealer. What do you think is a reasonable trade in amount? Thanks.

I don’t know what “standard options” means. Does it have idrive? Does it have a moonroof? Does it have sport seats? In Denver with no AWD?

roadburner

qbrozen said:

ChrisConroy said:

Hi all, looking for a trade in value. Thanks in advance for the help. I’ve got a 2005 BMW 330i with 125k miles. Silver. Location is Denver Colorado. Standard options. Car is cosmetically in good shape. Needs suspension work. Was thinking of trading it in rather than selling private party. Might be foolish or ignorance but I don’t think my conscience would feel good if I sold it private party knowing it needs $2k in suspension work. Figure this car will be wholesaled by a dealer. What do you think is a reasonable trade in amount? Thanks.

I don’t know what “standard options” means. Does it have idrive? Does it have a moonroof? Does it have sport seats? In Denver with no AWD?

Thats an E46- no iDrive. The xDrive system in those cars is fairly crude- I'd pay extra NOT to have it.

qbrozen

Ok maybe not idrive, but nav was an option, yes? And regardless of what you think of xdrive, it affects the value, especially in snowy areas.

ChrisConroy

Thanks for the feedback. Sorry for missing some details. I meant to say standard equipment. Ie no nav. No I drive, No Xdrive, does have a moonroof. Not sure about performance seats but I’d guess not.

qbrozen

ChrisConroy said:

Thanks for the feedback. Sorry for missing some details. I meant to say standard equipment. Ie no nav. No I drive, No Xdrive, does have a moonroof. Not sure about performance seats but I’d guess not.

D’oh! I forgot to ask how many doors. Well, no biggie. Sounds like maybe a $1500 trade. $1750 if it is a 2-door.

Clean it up real nice, be honest about it, list it for $3995 and I’m sure someone would cough up $3500 for it.

areitano

Hi, I'm interested in purchasing a used certified car from a dealership. I've never done this before and would greatly appreciate some feedback to my questions:

1. What is a fair price to settle on from the list price of $20,225?
2. The doc fee is $479, should I negotiate this too? If so, what is fair?
3. Am I better off financing the vehicle through a 3rd party, ie. LightStream? I went to AutoLenders last month and gave them my info to see if I would get approved for a loan and they wouldn't disclose the breakdown of the finance terms, instead, they just kept asking me where did I want my payment to be and kept adjusting the monthly terms and down payment so I don't want to go through that process again if that's how every dealership does business.

Below are the details/link on the vehicle I'm interested in?

Certified Pre-Owned 2018 Honda
CR-V LX AWD SUV
VIN: 2HKRW6H30JH213770

Detailed Pricing

Price: $20,225
Doc Fee: $479
Sale Price: $20,704

https://www.burnshonda.com/certified/Honda/2018-Honda-CR-V-7567773f0a0e0adf2cfdb41a1fb430e8.htm

THANK YOU SO MIUCH!

stickguy

That’s my Honda dealer!

To your questions, always good to gave a pretty approval but dealer will almost always match or beat the rate. And I find it much easier to just do it all together.

The doc fee is their standard. But you can just consider it part of the selling price for calculating what you want to pay. And don’t get sucked into negotiating payments. Nail down the price with fees, then look at interest rate. Those 2 items matter, payment just becomes math. Auto lenders is a fixed price, no haggle operation though. The dealer isn’t.

Might not be much negotiating room now. Used car supply is tight, and prices up. I can’t say if the price listed is good, that’s someone else’s job here!

qbrozen

areitano said:

Hi, I'm interested in purchasing a used certified car from a dealership. I've never done this before and would greatly appreciate some feedback to my questions:

1. What is a fair price to settle on from the list price of $20,225?
2. The doc fee is $479, should I negotiate this too? If so, what is fair?
3. Am I better off financing the vehicle through a 3rd party, ie. LightStream? I went to AutoLenders last month and gave them my info to see if I would get approved for a loan and they wouldn't disclose the breakdown of the finance terms, instead, they just kept asking me where did I want my payment to be and kept adjusting the monthly terms and down payment so I don't want to go through that process again if that's how every dealership does business.

Below are the details/link on the vehicle I'm interested in?

Certified Pre-Owned 2018 Honda
CR-V LX AWD SUV
VIN: 2HKRW6H30JH213770

Detailed Pricing

Price: $20,225
Doc Fee: $479
Sale Price: $20,704

https://www.burnshonda.com/certified/Honda/2018-Honda-CR-V-7567773f0a0e0adf2cfdb41a1fb430e8.htm

THANK YOU SO MIUCH!

Well, either that exact one or its twin passed through auction in NJ about 2 weeks ago. The buying dealer paid $19.8k before transport and fees. If that is the right one, they are losing money at that advertised price, even with the doc fee added.

tifighter

qbrozen said:

areitano said:

Hi, I'm interested in purchasing a used certified car from a dealership. I've never done this before and would greatly appreciate some feedback to my questions:

1. What is a fair price to settle on from the list price of $20,225?
2. The doc fee is $479, should I negotiate this too? If so, what is fair?
3. Am I better off financing the vehicle through a 3rd party, ie. LightStream? I went to AutoLenders last month and gave them my info to see if I would get approved for a loan and they wouldn't disclose the breakdown of the finance terms, instead, they just kept asking me where did I want my payment to be and kept adjusting the monthly terms and down payment so I don't want to go through that process again if that's how every dealership does business.

Below are the details/link on the vehicle I'm interested in?

Certified Pre-Owned 2018 Honda
CR-V LX AWD SUV
VIN: 2HKRW6H30JH213770

Detailed Pricing

Price: $20,225
Doc Fee: $479
Sale Price: $20,704

https://www.burnshonda.com/certified/Honda/2018-Honda-CR-V-7567773f0a0e0adf2cfdb41a1fb430e8.htm

THANK YOU SO MIUCH!

Well, either that exact one or its twin passed through auction in NJ about 2 weeks ago. The buying dealer paid $19.8k before transport and fees. If that is the right one, they are losing money at that advertised price, even with the doc fee added.

Sounds like someone better go pick up that vehicle.

g8orgrant

What's a trade in value for 2018 Audi A4 Premium Plus AWD with cold weather package? Black over brown. 13K miles. Clean carfax, excellent condition. Long Island/NY Metro area. Vroom hit me at $30K while Carvana hit me at $29.1K.

My buy-out is $28.3K, but tax pushes it to over $30K. So no sense there. Trying to figure out what a dealer might hit it at, and then I can see if i can extract any equity out of it (from an Audi dealer).

Thanks!

kyfdx

g8orgrant said:

What's a trade in value for 2018 Audi A4 Premium Plus AWD with cold weather package? Black over brown. 13K miles. Clean carfax, excellent condition. Long Island/NY Metro area. Vroom hit me at $30K while Carvana hit me at $29.1K.

My buy-out is $28.3K, but tax pushes it to over $30K. So no sense there. Trying to figure out what a dealer might hit it at, and then I can see if i can extract any equity out of it (from an Audi dealer).

Thanks!

Carvana and Vroom are dealers. If you sell to them, you don't pay sales tax.

g8orgrant

kyfdx said:

g8orgrant said:

What's a trade in value for 2018 Audi A4 Premium Plus AWD with cold weather package? Black over brown. 13K miles. Clean carfax, excellent condition. Long Island/NY Metro area. Vroom hit me at $30K while Carvana hit me at $29.1K.

My buy-out is $28.3K, but tax pushes it to over $30K. So no sense there. Trying to figure out what a dealer might hit it at, and then I can see if i can extract any equity out of it (from an Audi dealer).

Thanks!

Carvana and Vroom are dealers. If you sell to them, you don't pay sales tax.

But the problem is that I'm not sure if the payoff quote would apply to a non-Audi dealer. It's a lease, which I thought complicated matters.

Michaell

g8orgrant said:

kyfdx said:

g8orgrant said:

What's a trade in value for 2018 Audi A4 Premium Plus AWD with cold weather package? Black over brown. 13K miles. Clean carfax, excellent condition. Long Island/NY Metro area. Vroom hit me at $30K while Carvana hit me at $29.1K.

My buy-out is $28.3K, but tax pushes it to over $30K. So no sense there. Trying to figure out what a dealer might hit it at, and then I can see if i can extract any equity out of it (from an Audi dealer).

Thanks!

Carvana and Vroom are dealers. If you sell to them, you don't pay sales tax.

But the problem is that I'm not sure if the payoff quote would apply to a non-Audi dealer. It's a lease, which I thought complicated matters.

You pay sales tax if you buy it out.

stickguy

Buy out is buyout. You or Carvana pay the same for the car. They just don’t pay sales tax like you do.

kyfdx

g8orgrant said:

kyfdx said:

g8orgrant said:

What's a trade in value for 2018 Audi A4 Premium Plus AWD with cold weather package? Black over brown. 13K miles. Clean carfax, excellent condition. Long Island/NY Metro area. Vroom hit me at $30K while Carvana hit me at $29.1K.

My buy-out is $28.3K, but tax pushes it to over $30K. So no sense there. Trying to figure out what a dealer might hit it at, and then I can see if i can extract any equity out of it (from an Audi dealer).

Thanks!

Carvana and Vroom are dealers. If you sell to them, you don't pay sales tax.

But the problem is that I'm not sure if the payoff quote would apply to a non-Audi dealer. It's a lease, which I thought complicated matters.

The payoff could be different, but I don't think that Audi does that. It's worth a shot. Either way, you definitely wouldn't be on the hook for sales tax. If allowed, they will buy the car directly from Audi Financial.. no tax.

qbrozen

stickguy said:

Buy out is buyout. You or Carvana pay the same for the car. They just don’t pay sales tax like you do.

Not always the case, unfortunately. There are many reports of leasing companies giving a different buyout quote to 3rd parties. Their contractual obligation is to YOU, so they can charge someone else whatever they want.

qbrozen

g8orgrant said:

What's a trade in value for 2018 Audi A4 Premium Plus AWD with cold weather package? Black over brown. 13K miles. Clean carfax, excellent condition. Long Island/NY Metro area. Vroom hit me at $30K while Carvana hit me at $29.1K.

My buy-out is $28.3K, but tax pushes it to over $30K. So no sense there. Trying to figure out what a dealer might hit it at, and then I can see if i can extract any equity out of it (from an Audi dealer).

Thanks!

Those are very strong offers. It would have trouble hitting $29k at auction, so, as a trade, you’d be likely looking at $28k, tops.

g8orgrant

qbrozen said:

g8orgrant said:

What's a trade in value for 2018 Audi A4 Premium Plus AWD with cold weather package? Black over brown. 13K miles. Clean carfax, excellent condition. Long Island/NY Metro area. Vroom hit me at $30K while Carvana hit me at $29.1K.

My buy-out is $28.3K, but tax pushes it to over $30K. So no sense there. Trying to figure out what a dealer might hit it at, and then I can see if i can extract any equity out of it (from an Audi dealer).

Thanks!

Those are very strong offers. It would have trouble hitting $29k at auction, so, as a trade, you’d be likely looking at $28k, tops.

Thanks much guys. I have two solid offers from Carvana and Vroom. I've seen mixed things about success with Audi FInancial Services. The offer is locked for a few days, so I'll have to spend some time calling these guys and researching to see how viable this is. Much appreciate the thoughts.

tj11119

qbrozen said:

roadburner said:

qbrozen said:

tj11119 said:

Appreciate help trade pricing for a:
2019 BMW X2 sdrive28i
Automatic with 15,000 miles.
Gold exterior, beige interior.
Convenience pkg, Pano Moonroof, Premium wheels, located in socal 92154

Thanks in advance

Quite a variation on these. I suppose the level of equipment is making most of the difference. Yours is rather sparsely optioned, and I’d imagine gold won’t be very popular (I wasn’t aware that was even a color choice) so I’d have to take a shot at $25k-$26k.

It's FWD as well...

Vroom came in at 30k, so we decided to go ahead and sell it. I’m not a super fan of the galvanic gold, but it fits the character of the X2 pretty well.

Thanks Q

tjc78

qbrozen said:

stickguy said:

Buy out is buyout. You or Carvana pay the same for the car. They just don’t pay sales tax like you do.

Not always the case, unfortunately. There are many reports of leasing companies giving a different buyout quote to 3rd parties. Their contractual obligation is to YOU, so they can charge someone else whatever they want.

Hyundai Financial gives different buyouts to dealers. When I sold my Genesis to Autolenders they quoted about $1500 less most of which ended up in my pocket so I wasn’t complaining.

qbrozen

tj11119 said:

qbrozen said:

tj11119 said:

Appreciate help trade pricing for a:
2019 BMW X2 sdrive28i
Automatic with 15,000 miles.
Gold exterior, beige interior.
Convenience pkg, Pano Moonroof, Premium wheels, located in socal 92154

Thanks in advance

Quite a variation on these. I suppose the level of equipment is making most of the difference. Yours is rather sparsely optioned, and I’d imagine gold won’t be very popular (I wasn’t aware that was even a color choice) so I’d have to take a shot at $25k-$26k.

Vroom came in at 30k, so we decided to go ahead and sell it. I’m not a super fan of the galvanic gold, but it fits the character of the X2 pretty well.

Thanks Q

$30k?! Wow!! Congrats! Maybe I should run my wife’s again

breld

For what it’s worth, we traded my wife’s leased MINI to Carvana, and it went off without a hitch.

I’d say give it a shot - it’ll be up to Carvana to determine if they can do it and accept the payoff quote from Audi.

stickguy

I have sold 2 to Carvana. Easy process and no issues at all with the financial aspect. The last one was a lease so I do know how that works. They make the offer on the car, then once you accept they verify the payoff with the lender and send you the final purchase statement (where the money is going). I had an Acura and what they told me was exactly the same as what they told Carvana. They had no issue closing out the lease (first one I had a loan on, and they had no issues with that either).

g8orgrant

breld said:

For what it’s worth, we traded my wife’s leased MINI to Carvana, and it went off without a hitch.

I’d say give it a shot - it’ll be up to Carvana to determine if they can do it and accept the payoff quote from Audi.

I'll assume (hope?) that Vroom and Carvana can have similar success w/ Audi, if it's even possible. Of course, minutes after I put in my quote on Vroom, they actually reached out to me proactive. I had tried calling Carvana, and there's insane waits right now (longer than an hour), and they don't have a return your call queue.

As an interesting data point, this is the second time I priced this car w/ Vroom in the last 30 days:

3/8: $26,876
3/13: they proactively increased my offer to $27,376
4/9: 30,047

I get the used card market is hot, but this is just insane. And so much for a car being a depreciating asset - and for full disclosure, there's nothing unique or super interesting about this Audi A4. Low mileage (13K) might be its best selling point, but in this covid work from home world, I'd imagine there's leases being turned in with lighter than normal miles.

kyfdx

@qbrozen
For a friend.. selling private party. Cincinnati area.

28firefighter

By today's crazy used car numbers, that's gotta be a $7500+ car private party...

stickguy

Looks like a nice car. Should get snapped up quick. I’ll guess list it at $4,995

qbrozen

kyfdx said:

@qbrozen
For a friend.. selling private party. Cincinnati area.

Missing a really important bit of info there. About the only option on a Camcord not specified by trim. I'll let you guess.

tjc78

Engine choice

tjc78

With those wheels it very well could be a V6. Totally transforms that generation.

corvette

They offered an SMG on those Camrys, right?

stickguy

tjc78 said:

Engine choice

I was guessing Camry corner.

tjc78

corvette said:

They offered an SMG on those Camrys, right?

I don’t believe in 07. That’s most likely the 5speed Aisin unit they used in everything then.

kyfdx

qbrozen said:

kyfdx said:

@qbrozen
For a friend.. selling private party. Cincinnati area.

Missing a really important bit of info there. About the only option on a Camcord not specified by trim. I'll let you guess.

4 cylinder XLE

qbrozen

alrighty. Given the history, even with the low miles, I'd say this is about a $3k auction car. So maybe see $2500 on trade. Your friend could TRY asking $5995 and see what happens. If it needs to go quick, then start with $4995.

kyfdx

@qbrozen Thanks... he was thinking $5K. Maybe, he’ll start a little higher.

roadburner

Any guess on a fair price for this 2018 440i?
It has the M Performance Power and Sound Kit($3,000+$300 CF Tips+installation) and it's an M performance car, which added the front splitter and rear spoiler.

qbrozen

roadburner said:

Any guess on a fair price for this 2018 440i?
It has the M Performance Power and Sound Kit($3,000+$300 CF Tips+installation) and it's an M performance car, which added the front splitter and rear spoiler.

Assuming it is clean, it is a $35k auction car, so $37.5k-$38k retail. I'll let you determine what CPO is worth to you.

roadburner

Thanks as always!