Real-World Trade-In Values

bretfraz

Newbies need to read posts and provide complete info.

Terry will need from you:

*Engine type
*Color inside and out
*Location of truck
*A little more info about the condition other than "good". Paint condition (dings, dents, scratches?), interior condition (stains, tears, holes, Child War Zone, etc). If the truck looks a tad ratty then spending $150 on a professional detail job will reap benefits with the used car managers.

The more info you provide the more accurate Terry can be. After all, he can't see it....

Thanks.

rroyce10

......

I need some help here .........

is this a 2WD ............ or a 4WD .............?



5.2 .....? .... 5.9 V8 .....?

Color ...........? Area .....? Condition ........ ?

Even though my brother flys U2's for a living -- he still can't see the markings on the sides ..l.o.l...

Thanks Bret ..

Terry ;-)

rroyce10

..... Gheeeeez, were do you find all these bargains .. Benny Ha Ha's Discount World .?

I had a feelin', that last price was too good to be true .. usually is.

I don't "think" they run that much for the 30k .. but IF it checks out front to back, then start em' up at $13 and see what happens .. but $13,9 is a good price.

Terry.

juliegeez

I am considering trading in a 1997 Ford Explorer XLT, black, hi miles, ( all mine at 110,000!), with lots of options, ( leather seats, moonroof, top and center console, 6-CD changer, JBL sound system) Condition is avg- center console has a large rip in the leather, appears to have come from wear and tear only as it was never pierced by anything.

i've done the Edmund's TMV pricing on it, but would really value your opinion, thanks for any assistance you can give us..If it helps, we'd be trading in to a Ford Dealer that currently has only 3 explorers on the lot, all 1999 or 2000 with low mileage. let me know if i can provide any additional information.

thanks much!!!

bretfraz

We just discussed this.....

Terry needs:

2wd or 4wd?
What engine is in it?
Where are you located?
What condition is the exterior in (dents, dings, scratches, dull paint, etc)?
Any new work done on it recently? Anything worn out (like tires and brakes)?

More info = more accurate pricing

gtex21

Sorry for the lack of details, lets try again.

Looking to trade in Dallas metroplex.

1999 2wd Durango SLT with 3rd row seat, rear air, towing package, 5.2 V8 automatic w 60k miles, abs, CD/Cassette,Infinity speakers, overhead console, temp/mile/trip/display on rear mirror,luggage rack, tinted windows, new battery, new brakes, new tires purchased 1 year ago.

Blue exterior w Grey leather seating
Body in very good condition with a few minor blemishes(scratches)but no major door dings. A couple of chips on the windshield. Interior very clean, no holes, tears or stains. Last dealer to appraise vehicle stated the vehicle is very clean. Sticker price on this vehicle was over 30k when purchased.

juliegeez

HI again,
thanks for the tips....i'm clearly new at this...on the 1997 Explorer XLT, engine is a V6, 2WD, located in Dallas, TX, black paint is slightly dull, interior is tan leather, tires have 35,000 miles on them, brakes replaced within the last year, Air conditioning replaced within the last year, one small dent on rear wheel cover from parking pole, not very noticable. plan on detailing interior,and a good wax before taking it in... carpet needs a shampoo, am considering replacing the torn console cover, but haven't gotten estimates yet.
does that help?

thanks again...Julie

tblazer503

Gotta look at 2 Acura Integra's in Portland, OR area.
'99 LS 4dr AT 68k Silver. ask 12,9
'99 LS 4dr AT 35k dk blue. ask 18,0
both have roof, p/l, p/w, p/s, abs, etc. no leather in either.
Both are "Certified" so they come with 7/100k powertrain, and 1/12k bumper to bumper wty. I looked in both, and no "modifications" done to susp, exh, intake, etc. All VIN's are on body panels, interior is great on both. Exterior is petty good, normal kisses/scratches for a 3yr old car... would say it was clean-good more towards clean though... What do you think they got in 'em, and what are they worth... Thinkin' of offering 10k and expect about 11k on the 68k and try to get a timing change factored in... Lemme know what you think... gonna try to buy this week...thanks

clpurnell

Terry

Could you give me a real world number on the following for a co worker.

98 Ford Explorer XLT
V6 2wd Auto
Beige in and out
Very clean in and out
pw,pl,pm,cd,p. seat, roof rack. cruise tilt etc.
no leather no roof
90k miles on this puppy
What would be a realistic trade on this

TIA

tblazer503

the first vehicle has 76k mi, not 68k mi.. hmm... maybe 10 would be a more reasonable figure... how much is this "certified" warranty worth anyway? I'm thinkin that a 7/100 on the powertrain is not too shabby... but don't know how much its worth..
anyway, prices would be great, thanks terry

pendragon

First off, thank you so much for offering your knowledge and expertise to us so graciously.

I'm considering buying a new vehicle. My prospective trade-in would be:

1999 Honda Prelude Type SH
Mileage: 45,000 miles
2.2L VTEC 4-Cyl. 200 hp (Manual Trans.)
Exterior Color: Premium White
Interior Color: Black (cloth)
Location: Huntsville, Alabama

Condition: Excellent. No paint blemishes. No dents. Never involved in any sort of accident. 95% off the time the driver has been the only passenger in the car. Never eaten in. Never smoked in. No stains, tears, or holes in interior. It has been serviced by local Honda dealership meticulously according to Honda's maintenance schedule (every 3750 miles). All maintenance documented. Power steering pump, oil pan, and components of rear suspension have all been replaced in the past by local Honda dealership while under warranty; again, all documented. Car has not been driven "hard", and has truly been taken care of exceptionally well. Still has original tires, though they surprisingly don't appear as worn as one might expect.

Any insight you could offer would be greatly appreciated. Thank you!

robr2

...the $27K 00 BMW 3 series sport wagon is gone from the Honda store I saw it at. I'm not certain but it looks like it's been moved to their MB store - the description seems to be the same mileage, color, and features.

The kicker - it's now $29K. Perhaps they'll have better luck with it there!

rroyce10

.... It's kind of common for "smart" dealers to move their inventory from store to store ..

For whatever reason, a vehicle may go
"cold" ... it can be the nicest, cleanest, lowest mileage vehicle on the lot, but sometimes folks go blind to it .. But in this case, they are just asking waaay to much Jingle for this bad boy, so everyone will go blind .. l.o.l...

Terry.

rroyce10

..... Ok, lets take a look here .. white with black guts in Huntsville, good color so there's a little help .. service is 100% and it has little or no kisses .. sounds nice.

The bad news is, it's got lots of miles and you are out of rubber .. on a trade, in and around the the low to mid $14's ...

I hope this helps ..

Terry.

rroyce10

..... Looks and drives like it has 30k .. instead of 90k ..?

If so and service is all in and it's a nice one .. mid to high $5's, miles are the killer here.

Terry.

chow3

What would be a fair price on a 2002 xlt, third seat and rear air, former rental with about 24k. 2wd in south Florida?? Asking around 22k?? does this seam fair?? thanks chow

vegibbs

Terry, thanks for the help on the '99 GMC Sierra. 11 does sound about right, although I guess I was hoping for a bit more. thanks again.

tblazer503

Hmmm... Terry, '99 Integra Sedan Lt Blue, Charcoal int. Looks like a '99 outside(scratches, etc) inside looks like an '01 very clean.
P/L, P/W, P/S
AT, roof
76clicks on the odo(I know)
"Certified B2B 1year, 7/100 powertrain warranty"
going in today and try to get it for 10,0 today.
What do you think? I'll let you all know how it turns out... hopefully I don't get depressed... lol

juliegeez

Hi Terry,

i covet your opinion.

looking to trade-in to a Ford Dealer:

1997 Ford Explorer XLT
Dallas, TX
hi miles 110,000 one owner
V6
leather interior
moonroof
6 CD-disc changer
slightly dull black paint, one small *kiss* above rear wheel
air conditioning, tires and brakes replaced within the last year
one large tear in center console, rest of interior good condition, but needs detailing - no kids

is this headed straight for the auction? are they likely to sell it for parts? I need to have a realistic expectation of what they might think.

thanks for your help- i really appreciate your thoughts!

zman3

For the first time in my life I seem unable to make a decision. I need your help.

You gave me a trade in estimate on my 95 Explorer a couple of weeks ago. Now I am looking to pull the trigger on a new vehicle. I am looking at the Sequoia, Yukon, and Expedition, all 2003's. I keep coming back to the Sequoia but I can't seem to justify the roughly $3300 purchase price difference. I figure even with a 7yr, 100K extended warranty on the Yukon or Expedition the Sequoia would be about $1500 more expensive to purchase. For me it is also about an extra $500 per year more to insure. If I keep the vehicle seven years that is $3500 more just to insure it. I am reasonably certain that the Sequoia will be worth more seven years down the road but I have no idea how much more.

I know you guys say buy what you like but the fact is that at this point for me it boils down to reliability and cost of ownership. I'm sure I could be happy with any of the vehicles.

Any words of wisdom, oh sage one?

Do you think I would I ever recoup the difference?

Thanks Terry.

rroyce10

..... Whooo, tuff decision ..

I love the Yukons and have driven a bunch of em' .. great re-sale, folks aren't timid around a 50/70k Yukon -- But on the other hand, the Sequoia is one heck of a vehicle .. I drove one from Stuart to Philly last week and it's a Fat daddy, drives nice, looks good, smooooth ... Obviously, the resale will go to the Yota side, but the market will be a bunch larger on the Yukon side at sale time ...

Leave the Expedition at the lot .. now you have to decide on just 2 ...

The best thing you can do is .. drop your license at the dealers and drive both of em' for at least an hr or so .. bust some bugs on the hiways, neighborhoods, bumps and lumps and get the real deal feel of em' ......

Boy, I'm a big help aren't I ..l.o.l....

Terry ;-)

rroyce10

........ Aaah huh .., still lookin at those hi milers huh .? But they are Acura's, and they will run forever ..

Did I read that right ..? $10 .. My friend, if you can buy it for $10, then Xmas has come early .. but good luck .!

Terry.

zman3

Thanks for the help. You told me what my head is telling me. My heart kind of says Expedition.

Regarding your Expedition comment: Is that based on reliability, resale, or your opinion of the vehicle? I never drove a 2002 but the 2003 is darn nice. Obviously I still have nagging doubts, otherwise I would have pulled the trigger by now.

hylndr61

Hello again Terry. I have my 2002 Toyota Highlander advertised for sale in the two largest newspapers in my area. Are there any internet used car sites that you have found to be useful for advertising a vehicle for sale? There seems to be so many to choose from. Any input would be appreciated.

tblazer503

So we offered and they countered... blah blah...
The Lt. Blue Integra w/ 78k and Certified 1/12 b2b and 7/100 powertrain we ended up passing. They offered 11k and they would repaint the front bumper due to nicks and stuff...

Oh well, the hunt continues...
On the bright side, at least we know the qualifies for AH 4.99% 60 mo financing. =o)

Wouldn't have been a bad deal, except it took us about an hour to convince the sales guy that a 12k(initial) at 4.99 for 60mos didn't add up to 275/mo... the finally admitted in "factoring in" a 7/100 b2b for $1600 and a few other back end products... errrrgh.
We ended up walking on our morals because we didn't like the way we were being treated, and the final offer came as we were leaving...
Really is disturbing when someone tells you that it all adds up, then backpedals when he comes back... =o(

Before meeting some of the people here, I wouldn't have been so irritated, but I am because I know that he does not "have" to be like that.

BTW, carfax documents showed it had been bought at an auction, was originally titled in TX, and it had a 3k odometer rollback.. ?? Too bad, I liked it, the GF hated the way we were treated so we walked.

tblazer503

you have nagging doubts? Why spend 20-30k++ on something you have nagging doubts on? =o) I like the Sequoia, but if you don't need a fullsize, I hear that the 4runner gets a facelift in Dec. '02... =oD

rroyce10

..... How's things in Dallas ..?

Ok, we have a 2WD with blue and grey .. it's an SLT, we got 60k, we have the leather and all the stuff ...

It sounds like it may need a little stuff here and there .. so here's the deal, the color, the miles and it's a 2WD, none of these are working for you here .. on a trade, in and around the $10's depending on the dealer... sorry.

Terry :-(

rroyce10

..... Color will make a big difference here ..

$22 is a fair asking price, the rental co's just dropped a herd of 2Wd's in Florida .. if Ya like it, start em' up at $21 and see what happens ..

Good luck ..

Terry.

rroyce10

.... I wasn't really picking on the Ford product .. it just (but I still wear plaid pants) doesn't appeal to me, and the re-sale might not meet the others.

Now on the other hand, a drive Navigators and love em', actually I'm driving a 03 right now, and they have done a Wonderful job on the new ones ..

Terry ;-)

zman3

"you have nagging doubts? Why spend 20-30k++ on something you have nagging doubts on? =o) "

I don't know. That's the reason I haven't pulled the trigger on the Expedition. I really like the vehicle, but owning a 95 Explorer that took a beating with the Firestone fiasco, I am very sensitive to resale value. I know a vehicle is not an investment, but I would prefer that it depreciate as little as comparable vehicles.

Additionally Ford's reputation on the reliability front has not been stellar lately. However, other than routine maintenance, in 80K miles I have only had to put in a thermostat in the Explorer. So I struggle with reputation vs. my real world experience. I would be very PO'd if I bought a $40K vehicle and it ended up in the shop all the time.

The GM and Toyota just seem like safer bets. If the Expedition was made by Toyota, it would be a slam dunk.

I'm an engineer so I tend to over analyze everything.

Besides, I don't have to drive it, it's for my wife

lextax

Hi and thank you in advance for your thoughts!

I am considering buying a 1995 Audi A6 Wagon with 72k miles in California. It's black with tan leather interior has a Bose sound system, sunroof, electric seats and memory on the drivers side, third row seat, and a cd changer. The seller has all maintenance records and receipts and is the first owner. He's asking $10,000.

As background, we've been looking at 99 Volvo Wagons and considering paying between 19 and 23k depending on options. We could buy the audi with no payments, but I'm a bit worried about the maintenance costs or it dying soon after purchasing it. Is a 95 just too old to spend $10,000 on?

Thanks for your thoughts!

Alexis

lancerfixer

Run away from the Audi. Buy a Volvo.

The maintenance costs you're likely to see from an older Audi might very well equal a car payment. With a '99 or 2000 Volvo, you'll have some factory warranty remaining, plus the availability of an extended warranty.

p.s. if you're careful with options, $23k will also buy a brand new Passat wagon.

rroyce10

.... I'm a big fan of the Audi's .. but they can be expensive to repair, just as most of the imports ...

Not being able to see it (no Quattro .. right.?) .. I think the price is a little on the high side .. the miles are ok for the year, if the history is fine and the maintenance is 110%, then this could be a good buy .. but not at $10,0. I have a feelin' this guy tried to trade it, got $6/$6,5 and is trying to sell it outright, which is good business.

On the retail side, I think $8,5/$9,0 would be All the money and then some .. fair for both .!

But I do hafta say, Volvo's have always been one of my favorites.

Terry.

rroyce10

..... I thought it might be tuff to hit your number, but at least you tried ..

A 3k difference on Carfax .? I have a feelin' it's a typo from somewhere, title mishap, emissions test, state flunky hittin' the keys wrong, etc, etc. -- A 3k mileage difference isn't worth it for anybody .. 30k, Yup.

Terry :-)

rroyce10

....... You are quite welcome ..

lextax

Thanks to you all for your thoughts re the Audi. I'm going to take a look at it and see if he'll go down in price. If not, we'll stick with the Volvo wagon search. We almost bought a 99 VW Passat Wagon for $16,500, but ultimately I didn't love the car, so we didn't do it. Plus, the guy smoked in it and that really turned me off.

The funny thing is that we are VW people - have a 97GTI and a 97 Eurovan Camper now, but I just don't love the passat wagon unless it's loaded and then I might as well get a volvo.

Thanks again,

Alexis

juliegeez

Hi Terry,

(i've posted this message twice and hadn't gotten a response- was wondering if i'm doing something wrong or missing information?)

i desperately covet your opinion.

looking to trade-in to a Ford Dealer:

1997 Ford Explorer XLT
Dallas, TX
hi miles 110,000 one owner
V6
leather interior
moonroof
6 CD-disc changer
slightly dull black paint, one small *kiss* above rear wheel
air conditioning, tires and brakes replaced within the last year
one large tear in center console, rest of interior good condition, but needs detailing - no kids

is this headed straight for the auction? are they likely to sell it for parts? I want to make sure my expectations are appropriate?

thanks for your help- i really appreciate your thoughts!

juliegeez

Hi Terry,

(i've posted this message twice and hadn't gotten a response- was wondering if i'm doing something wrong or missing information?)

i desperately covet your opinion.

looking to trade-in to a Ford Dealer:

1997 Ford Explorer XLT
Dallas, TX
hi miles 110,000 one owner
V6
leather interior
moonroof
6 CD-disc changer
slightly dull black paint, one small *kiss* above rear wheel
air conditioning, tires and brakes replaced within the last year
one large tear in center console, rest of interior good condition, but needs detailing - no kids

is this headed straight for the auction? are they likely to sell it for parts? I want to make sure my expectations are appropriate?

thanks for your help- i really appreciate your thoughts!

juliegeez

Hi Terry,

(i've posted this message twice and hadn't gotten a response- was wondering if i'm doing something wrong or missing information?)

i desperately covet your opinion.

looking to trade-in to a Ford Dealer:

1997 Ford Explorer XLT
Dallas, TX
hi miles 110,000 one owner
V6
leather interior
moonroof
6 CD-disc changer
slightly dull black paint, one small *kiss* above rear wheel
air conditioning, tires and brakes replaced within the last year
one large tear in center console, rest of interior good condition, but needs detailing - no kids

is this headed straight for the auction? are they likely to sell it for parts? I want to make sure my expectations are appropriate?

thanks for your help- i really appreciate your thoughts!

clpurnell

and no response lol

ghulet

tblazer503

Perhaps terry just missed it... he's got his volunteer work cut out for him... =o)

From what I can tell...
4x4 or 4x2?
Miles are steep 20k+/year?
color doesn't help(black) in TX
V6 isn't going to help either
Auto Trans or Manual??

The 4x4 vs 4x2 may be about 1,0 in diff.
AT vs. MT may be another 1,0 in diff.
Assuming an AT, here are the numbers I'm pulling.
4x4 ave cond. trade high 6,0 retail high 8,0
4x2 ave cond. trade high 5,0 retail high 7,0

Hopefully terry can give you a more accurate number.
rick

rroyce10

..... I can't miss all those posts ..l.o.l...

Sorry, I musta been reading my golf magazine and missed it ..

Ok, lets take a look see -- another Dallas vehicle, huh.?

It's a 2WD and auto .. right.?

All my Ex's live in Texas .. da da doo doo.. oh well, you are gonna shoot me .. I don't have much good news here.

It's a loaded up XLT, with fair black paint and it has you know what, too many miles .. uuugh, but it does have new air and brakes, but it still has all those klicks.

Sooooo, on a trade you are lookin' at somewhere around $3,0 depending on the dealer .. again, depending on the dealer, they will clean it up and take it to the auction.

I'm bad ... sorry.

Terry :-(

rroyce10

..... I don't think you will have any problem gettin' rid of this little darlin' .. they are super popular.

But, if you have it long enough .. Ebay would be the way to go.

I have a feelin' as I print this, you have probably sold the vehicle already ... l.o.l..

Terry.

is4me

Hey Terry--I have a question about how much is a fair price to offer on an Is300 that's being sold by the original owner. It's black/black, every option 17inchrims, leather/pseudosuede, etc except navigation. A 2001. It has 31,000 miles on it. No accidents or bodywork or paintwork, although it wasn't garaged. He wants about 26k for it, although I read in kbb.com that that's the retail price for the car if a dealer sells it but yet the tradin value in a bit more than 21k (if it's in perfect condition), so I'm a little unsure about where I should start in the negotiations. Are is300's selling like hotcakes? He seems to have had it for a while, and I was thinking of starting the bidding at 22k, and then going up to about 23---do you think that's too low--I'd hate to lowball him for no reason . . .although, if not too many people are digging for them then I'd hate to pay too too much. thanks in advance.

rroyce10

..... Hi, how are you doing .?

Lexus builds some wonderful vehicles - but, the IS300 isn't burning down any bridges right now and they are runnin' a little cold on the market ..

$26 is a fair asking price for the seller .. but a figure "around" $24 and some change, would be fair to both you and the seller .. I don't feel he will see $26, not when the dealer has offered him $22 or so on trade.

I hope this helps ...

Terry.

rroyce10

..... Did I miss anyone ....?

It's time for me to go na na .. I have to get up early to go to an auction ...

So, you can re post ... but not 5 times.l.o.l

night.

seguy

All options, except its a 5 speed manual. 5K miles, excellent condition in and out. Wondering what a dealer would appraise, before I stick my feet in the water, AGAIN. Thanks

sexsmith

Hi Terry,

wondered if you could lend your expertise on this...

I bought a 2002 Jaguar X-type 2.5 Sport back in Feb of this year...all options except navigation and it's in beautiful condition, but has 18k hwy on it. I've driven SUV's for the past 10 years and thought this would be a refreshing change. I was wrong and want to get back in a SUV. I'm thinking of selling/trading, but what route should I go? I can't get BB trade-in values because the car is so new. Would I be better off sitting on it for a couple years?

Thanks,

Jim - Ann Arbor, MI

rerenov8r

Terry:

There is a lot up the street from my house (I live in a western suburb of Chicago) where they have literally 10s of millions of dollars worth of late model high-end cars. A few G-Wagons, an H2 or two, dozens of MB sedans & coupes, dozens of Porsches, BMWs, Bentleys, Ferrari(s), Lotus...

They have a few Jag convertibles, maybe one or two hardtop coupes. But I've seen NO jag sedans, X-type, S-type, or Vandenplas.

Question one, how does this FINANCE this huge inventory? My personal favortie theory is drug money, but that seems too obvious...

Other question (and more to the point) how 'out numbered' are the Jag sedans in the luxury car market? Do they sell better in other regions?