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Real-World Trade-In Values

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    jmonroe1jmonroe1 Member Posts: 7,566
    xwesx said:

    Looks about as handsome as my rear end. I'd pass. :D

    ————————————————-
    Please don’t try to prove that.

    jmonroe
    '15 Genesis Ultimate just like jmonroe's. '18 Legacy Limited with 3.6R (Mrs. j's)
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    xwesxxwesx Member Posts: 16,798
    Yeah, that's true. "Pretty" in MI is based on rust level, not on aesthetics. :D
    2018 Subaru Crosstrek, 2014 Audi Q7 TDI, 2013 Subaru Forester, 1969 Chevrolet C20, 1969 Ford Econoline 100, 1976 Ford F250
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    xwesxxwesx Member Posts: 16,798
    edited February 8
    And, i have a GEN 3 (SH) Forester. Those ARE pretty cars. Best-looking design Subaru has ever produced, bar none.

    Funny enough, every generation of Outback has been kinder on the eyes than Gen 4 (2010-2014), with Gen 2 (2000-04) being arguable. But, for $6K, who cares. It's all about the function at that point.
    2018 Subaru Crosstrek, 2014 Audi Q7 TDI, 2013 Subaru Forester, 1969 Chevrolet C20, 1969 Ford Econoline 100, 1976 Ford F250
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    qbrozenqbrozen Member Posts: 32,950

    There is a $4k spread on these. More than 100% variation. I’ll let you draw your own conclusions.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

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    steine13steine13 Member Posts: 2,818
    edited February 8

    Thanks!
    That is a crazy amount of variation, even for a ten year old car. These are common, I see them everywhere, and I'd think they'd be a commodity.

    I wonder if it's part of a correction in used car prices, which I believe is overdue.

    At any rate, 6k for this car is a good price, if it's as nice as promised.

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    jmonroe1jmonroe1 Member Posts: 7,566
    qbrozen said:

    There is a $4k spread on these. More than 100% variation. I’ll let you draw your own conclusions.

    ————————————————-
    I hate to admit my ignorance but what are the numbers 4.1, 4.2, 3.5 etc. that are shown in the listing? If these are condition ratings on a scale of 1 to 5, the guy in North Carolina with a 2.1 rating, which is the lowest rated car, wanting $6.6 K has to be a dreamer when the first car listed has a 4.1 rating and that guy only wants $5.6K for his car. :o

    If by chance I’m right about these numbers being condition ratings, the old car adage of, “if you don’t ask, you don’t get” is in play here.

    jmonroe
    '15 Genesis Ultimate just like jmonroe's. '18 Legacy Limited with 3.6R (Mrs. j's)
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    steine13steine13 Member Posts: 2,818
    @jmonroe

    Reminds me of Terry... there's your asking price... your 'liking' price... and then your ' getting' price.
    But asking doesn't enter into these numbers.

    Them's completed auction prices -- it done been paid.
    Then the auction fee gets paid -- used to be in the $250 range, 15 years ago.
    Then maybe an in$pection get$ done and paid for.
    Then the tran$port.
    So depending on this and that, the dealers who buy these will have another $500 and more in them than the numbers shown here. So $6 for our white one, if it's as nice as claimed, is quite the deal.

    The Subaru/Hyundai dealership where these get traded is, how to say, run efficiently.
    If they can steal a trade, they do it.
    This is loathsome, but it helps on my end...

    As far as the numbers, they kinda have to be condition/5.. if you scroll back some years, you'd see average/below/clean or some such categories.

    cheers -mathias
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    corvettecorvette Member Posts: 10,267
    If it's as clean as you say, $5995 sounds reasonable at a used car dealer.
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    qbrozenqbrozen Member Posts: 32,950

    Yup. The numbers are condition.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

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    steine13steine13 Member Posts: 2,818

    The Outback sold before I could get there with my physicist customer...or is that 'client?'

    He's repatriating after working in Europe for someyears.

    So much learning going on :)
    Next time he'll jump, I hope.

    cheers -mathias

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    steine13steine13 Member Posts: 2,818

    ..and six wasn't 'reasonable' in this market, it was a deal for a maintained car.

    I think we're correcting towards the mean though.

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    oldfarmer50oldfarmer50 Member Posts: 22,676
    steine13 said:

    Thanks!

    That is a crazy amount of variation, even for a ten year old car. These are common, I see them everywhere, and I'd think they'd be a commodity.

    I wonder if it's part of a correction in used car prices, which I believe is overdue.

    At any rate, 6k for this car is a good price, if it's as nice as promised.

    Just as an aside, my company found that buying Subies in NJ where they are not as popular and then transferring them to VT where they are insanely popular was good for the bottom line.

    If they are a hot item in MI you might save some $$$$ if you look in another state.

    2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible

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    xwesxxwesx Member Posts: 16,798
    Not from the prices he's been posting! It seems like he has a perfect partnership with this local dealer!
    2018 Subaru Crosstrek, 2014 Audi Q7 TDI, 2013 Subaru Forester, 1969 Chevrolet C20, 1969 Ford Econoline 100, 1976 Ford F250
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    steine13steine13 Member Posts: 2,818

    @xwesx
    Bingo.

    It runs hot and cold, sometimes he's too expensive, but good deals happen, and thank goodness it's all shoe leather...he rarely posts on FB marketplace, and never anywhere else.

    When I see a car on FB that looks like a good deal, it's usually gone in hours. The cheap end of the market has been rough for years now.

    expensivetobepoor

    cheers -mathias

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