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Real-World Trade-In Values



  • newdavidqnewdavidq Posts: 146
    edited October 2012
    More info on the Limited: Just has basic limited items, moonroof, leather, wheels, tow pkg, white exterior, but is certified. Been on the market for 30 days. I'm thinking 23-24k; soon will be 5+ years old. For example, after a 3 year lease, with a residual of 58% on 40k, the lessee could have bought for 23k or so 2 years ago! Maybe he did and has now traded it in and done very well. If the dealer bought at auction for 26 and certified it (not likely it would have gone to auction if it was certifiable?)........

    Just trying to figure if it would be worth trying to buy it for 23K or so or woujld I be wasting my time.

    Thanks in advance for any opinions.

    Regards, dq
  • qbrozenqbrozen Posts: 22,102
    Just to show you, here is all the comparables I have to go on:
    09/27/12 CHICAGO Regular $26,250 34,851 Avg TAN 8G A Yes
    09/26/12 CALIFORN Regular $26,450 44,373 Avg NONE NON N Yes
    09/07/12 PA Regular $26,300 45,385 Avg SILVER 8G A Yes
    09/28/12 PA Regular $24,600 57,893 Avg SILVER 8G A Yes

    And here are the '07 SR5s with those miles:
    09/28/12 PA Regular $15,900 74,967 Avg WHITE 6G A Yes
    09/14/12 PA Regular $15,300 77,840 Avg SILVER 6G Yes
    09/13/12 DARLNTON Regular $15,000 78,404 Avg MAROON 6G A Yes
    09/20/12 ATLANTA Regular $15,000 78,752 Avg SILVER 6G A Yes
    09/11/12 HOUSTON Regular $13,800 80,348 Avg GREY 6G A Yes
    09/21/12 PA Regular $15,250 81,606 Avg BLACK 6G A Yes

    '17 F150 Crew 2.7; '67 Coronet R/T; '14 Town&Country Limited; '09 LR2 HSE. 44-car history and counting!

  • Location: Dallas, TX
    Year/Make/Model: 2004 Honda Accord LX
    Body Style: 4dr Sedan
    Engine: 2.4L 4 cylinder AUTO
    Driveline: FWD
    Mileage: 111,000
    Color: Blue/Gray
    Major Options: Standard LX
    Interior very clean, exterior various door dings, lots of chips on front of hood.
    Tires - 50%
    Brakes - New with rotors
    Maintenance - Most records except oils changes last 2 years doing myself
    Other: $1200 damage to bumper/front passenger fender, repainted not replaced. Only accident. Needs compressor. Not sure if I should pay the $1100 for repair or just trade in. Wondering how much the compressor hurts trade in value.

    Thanks so much!
  • qbrozenqbrozen Posts: 22,102
    Anything that isn't fixed could get knocked off the trade-in value dollar-for-dollar. This is one of those cars you'll just have to shop around. If a dealer decides to take it in and fix it, they will give you more than a dealer that would wholesale it.

    '17 F150 Crew 2.7; '67 Coronet R/T; '14 Town&Country Limited; '09 LR2 HSE. 44-car history and counting!

  • robr2robr2 BostonPosts: 8,862
    q - this Honda sounds perfect for craigslist, don't you think?

    Sell it with the bad A/C for a good price and move on. It's an auction piece for any dealer.
  • qbrozenqbrozen Posts: 22,102
    Well, I think a dealer is going to be at $2500 or so for it.

    People are crazy about used hondas, so who knows? Could always shoot for the moon at $5k private party and see what happens.

    '17 F150 Crew 2.7; '67 Coronet R/T; '14 Town&Country Limited; '09 LR2 HSE. 44-car history and counting!

  • robr2robr2 BostonPosts: 8,862
    edited October 2012
    Well since we're shooting for the moon:

    Boston, MA
    2000 Honda Odyssey EX
    3.5 V6, auto
    White/Gray or for the purists Taffeta/Fern
    Standard EX stuff
    Interior - clean, some stains
    Exterior - front bumper cover needs a respray, has small rust above right rear bumper cover, the normal Honda rust spot.
    Tires about 60%
    Brakes about 50%
    Maintenance - up to date. Timing belt was never done
    Other: front and rear bumper covers replaced about 10 years ago due to soft hit, CEL is on due to bad cat and O2 sensor

    Wifey says it's taking up space in the driveway - occasional lumber runs don't justify keeping it anymore.

  • czar4czar4 Posts: 33
    edited October 2012
    Headed back to the dealer this weekend to get the car re-appraised (since its been more than the two-week window they gave me) as I'm taking delivery of my new MINI next Wednesday. Any thoughts on changes in value? Car now has 12,500 miles but everything else, including condition, is the same. Should I still expect to see $22k?

  • czar4czar4 Posts: 33
    Follow-up to the above - this is a leased car I am trading. My October payment was just due, but I have yet to pay it (was planning to get the car delivetred but am waiting to qualify for the MINI rebate this weekend). Since I am taking delivery next week, does it make sense to make this month's payment or not? I wasn't sure if it was better to make the regular lease payment or if I gained by using that money directly for the total payoff? If there's no advantage, I'd rather pay it today and not pay a week's worth of interest on the payment amount. Thanks for any advice!
  • bolucaboluca Pittsboro, NCPosts: 30
    What would be the trade-in and retail of the following .
    Location: Raleigh, NC
    Year/Make/Model: 2011 VW Jetta Sportwagon TDI
    Body Style: wagon
    Engine: TDI AUTO/ DSG
    Driveline: FWD
    Mileage: 35,400
    Color: White Gold with tan (cornsilk) interior
    Major Options: TDI
    Interior Like new, no stains or scratches
    Brakes - good
    Tires - good
    Maintenance - all recommended maint and have records
    Other: exterior looks new, no dings or scratches. Has a trailer hitch for a bike rack.
    Has rear airbags. No sunroof. Looks like new inside and out.

    Selling because wife wants a small luxury sedan with a sunroof to replace her old Infiniti G20.

  • newdavidqnewdavidq Posts: 146
    Many thanks qbrozen; knowledge is power!

    Regards, DQ
  • qbrozenqbrozen Posts: 22,102
    selling privately, i assume.

    T-belt never done? Yikes!! You are driving a grenade!

    As it sits, you might get $2500-$3k for it. Personally, I'd fix the CEL, perform the full service, paint the bumper, detail it to the 9s, and put it up for sale for $6k. Get at least $5k in the end and you'd still be well ahead.

    '17 F150 Crew 2.7; '67 Coronet R/T; '14 Town&Country Limited; '09 LR2 HSE. 44-car history and counting!

  • qbrozenqbrozen Posts: 22,102
    No more have gone through auction since I last gave you the list, so I have to assume the number will be the same or very close to it.

    I'd at least call the current lease company and let them know and see what they say. Personally, I always make that payment because the dealer your are trading it to could delay paying it off and you get a ding on your credit. Its just not worth it.

    '17 F150 Crew 2.7; '67 Coronet R/T; '14 Town&Country Limited; '09 LR2 HSE. 44-car history and counting!

  • czar4czar4 Posts: 33
    Thanks; good advice. I'll make the payment.
  • sebring95sebring95 Posts: 3,238
    I don't know where the numbers will shake out here, but super clean low-mileage versions of these can bring quick money on the private market. There's another forum on the web specializing in TDI's and there's a ton of cars traded through the classifieds section. I've bought and sold a couple on there and always surprised how easy the transactions are on these. Usually cash deals too....people with money like these cars because they're a good far as cars go. A similar 2010 with 30k miles recently traded hands in a day for $20k. I would bet this one would be similar in price.
  • qbrozenqbrozen Posts: 22,102
    roughly $20k

    '17 F150 Crew 2.7; '67 Coronet R/T; '14 Town&Country Limited; '09 LR2 HSE. 44-car history and counting!

  • bolucaboluca Pittsboro, NCPosts: 30
    Thanks for the information. That helps.
  • Kirstie_HKirstie_H Posts: 11,025
    Since we don't offer private party classifieds here, you're welcome to direct the member to the TDI website so he/she can put up an ad there.


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  • ateixeiraateixeira Posts: 72,587
    For a friend....

    DC area, owner lives in VA
    35,000 miles
    15,000 miles and 9 mths left on bumper to bumper warranty
    Got about $2k+ in Range Rover accessories like roof rack, dog cage, etc

    I'm asking for more details but what do you think a Ford dealer would offer on a trade? What about private party?
  • ateixeiraateixeira Posts: 72,587

    Location: [city/state or nearest metropolitan area] Fairfax, VA
    Year/Make/Model: 2009 Range Rover Sport HSE
    Body Style: [2dr/4dr/wagon] 4DR
    Engine: [3.5 liter, 4/6 cylinder, auto/manual] V8 Auto
    Driveline: [FWD/RWD/AWD/4WD] 4WD
    Mileage: 35,000
    Color: [exterior/interior] Lugano Teal / Ivory
    Major Options: [alloys, sun roof, etc.] Sun Roof, roof luggage rack
      Details of interior and exterior, including dings, scratches etc. no dings, etc
      Tires - new or % worn about 9 mths old
      Brakes about 9 mths old
    Other: Indicate prior damage/insurance claims, repaints, etc. No damage or claims
  • qbrozenqbrozen Posts: 22,102
    Accessories are worthless on trade. If going that route, tell him to sell them off separately.

    About $32k on trade.

    Private? Whatever you can get over that, right? :P

    But, seriously, if living in a state with tax credit on trades, it makes far more sense to trade. That would be $2240 in my state, and very very slim odds I'm getting $34,250 private party.

    '17 F150 Crew 2.7; '67 Coronet R/T; '14 Town&Country Limited; '09 LR2 HSE. 44-car history and counting!

  • ateixeiraateixeira Posts: 72,587

    Ouch, his guess was $40k, which I suspected was high.
  • steine13steine13 Posts: 2,562
    >> Got about $2k+ in Range Rover accessories like roof rack, dog cage, etc.

    It's Mitt Romney's old ride!
    Add $1k for celebrity value.

    Cheers -Mathias
  • sbuhlersbuhler Posts: 103
    Would appreciate current wholesale value on the following:

    2008 GMC Acadia SLT2; DVD; Moonroof; No NAV
    Blue Exterior
    Tires - new
    Above Average Condition
    68,500 miles
    Southeast Louisiana

  • tifightertifighter WAPosts: 1,895
    Hey Q-
    Was at the dealers over the weekend looking at some options. Got a trade number from one and wanted to compare that with what you are showing-

    2008 Acura RDX AWD
    53000 miles
    gray metallic
    beige leather
    no tech pkg
    clean, no immediate needs

    Dealer said $14k, and thought that a stretch to $15k would be all the money in the world. This feels a little light to me, but maybe I'm off? What do you think?

    15.5 XC70 T6 / 16 Soul EV / 17 Toyota 86

  • qbrozenqbrozen Posts: 22,102

    '17 F150 Crew 2.7; '67 Coronet R/T; '14 Town&Country Limited; '09 LR2 HSE. 44-car history and counting!

  • qbrozenqbrozen Posts: 22,102
    That's about right, unfortunately. Most are right at that $15k number at the block, with a couple hitting $16k.

    '17 F150 Crew 2.7; '67 Coronet R/T; '14 Town&Country Limited; '09 LR2 HSE. 44-car history and counting!

  • tifightertifighter WAPosts: 1,895
    edited October 2012
    Thanks Q. At least now I know they're shooting straight with me.

    15.5 XC70 T6 / 16 Soul EV / 17 Toyota 86

  • ateixeiraateixeira Posts: 72,587
    Thanks, q.

    He ended up getting $35k for the Rover, so good trade.

    Of course he paid $40k out the door for a mid-level Explorer so I'm sure they found some room in that deal.
  • ffxjackffxjack Posts: 47
    2 payments left on 2010 Lexus Is250 Awd w/nav, luxury package with 45k mi without any issues
    I am planning on getting new Accord or Altima.

    Should I go to Carmax, have dealership of new car appraise it, or just turn it in? Now or later?
    Are there costs to turning in other than over mileage charges (I may be up to 2000 mi over by end of Dec)?

    My buyout price from Lexus Financial is 25526.
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