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Real-World Trade-In Values

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Comments

  • rroyce10rroyce10 Member Posts: 9,332
    .... Welcome back ...!

                Wasn't that you I saw blowing in that little machine with the Hwy Patrol ..?

                       Terry :-))
  • rroyce10rroyce10 Member Posts: 9,332
    ......... Well this one has the low low miles, it's an auto, but it's a coupe .. they might have $4,5ish in it, so figure a little this and that, then $5,0 - and a good/Fair price for this one (if it's clean, deep sneakers, service is 100%, no paint work, new brakes, etc) would be "around" $7,0ish, it's a "hard to find" ... Oooh, Nada hit this one right, I'm impressed.

                       Terry.
  • pholliephollie Member Posts: 45
    Gents,
       I'm looking to move my 1999 Gold Lexus RX300
             74k miles
             auto
             loaded (no nav)
             tires purchases last fall
             Seattle area
             awd
             gold
             good condition. no major scratches, scraps or anything like that. Runs great.

    What can I expect on a trade or private sale? Thanks.
  • fleetsalesguyfleetsalesguy Member Posts: 2
    After "lurking" on this board and others for three years I have finally decided to sign up...mainly so I could get your "expertise" on my personal vehicle. I trust your judgement more then the so called experts here at our dealerships...lol...anyway...

    1995 Buick Riviera...Champagne Metallic with matching leather...every option available...including cd, moonroof, alloys, dual power seats..

    Recent new "sneakers" speed rated Michelens, new air shocks and new front brakes...seats look "hovered in" only one stone chip on the front hood from riding the Florida TP everyday, otherwise it is "in the wrapper" 43,000 miles..

    Location Ft Lauderdale....I know the drill..could you please guess as to wholesale and retail road???

    You are the BEST!!! I have followed you for three years...Thanks!!!
  • akanglakangl Member Posts: 3,282
    You are right about the Prism/Corolla. I'm thrilled with my 01 Corolla and got it cheap too. Really glad I didn't walk away from it cause its a base model and go with the 03 for $9000 more.

    Hubby did look at me funny when I left the Corolla in the yard last night in favor of the 85 Jeep though.
  • tgraysontgrayson Member Posts: 15
    Well I am about to trade in the 2002 Envoy for a minivan for a mothers day present. It is a 2002 SLT 4x4 Envoy with all the options. (technology package + running boards) They are offering 22000. This seems a little low but what do you think? (I am located in Connecticut and the Envoy is black)
  • qbrozenqbrozen Member Posts: 33,736
    you forgot the miles

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • porknbeansporknbeans Member Posts: 465
    Thanks for the info on my wifes car. I'll be using it to help myself out, or sell it down retail road. You are a great help and asset to Edmunds.
    Porknbeans

    Grand High Poobah
    The Fraternal Order of Procrastinators
  • nonjth13nonjth13 Member Posts: 91
    2001 Altima bought used 1 year ago. Auto, 29000mi. Great condition except fo the fact that a repair shop had a $3600 accident while road testing it after an alignment. Fixed by the local Audi dealer body shop. For peace of mind am thing of trading for another 2001 Altima as my kid likes the car. How much should I expect to pay a dealer for such a swap? Am in upstate NY.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Your welcome ..
  • rroyce10rroyce10 Member Posts: 9,332
    ...... Your killing me ...

            Is it a GXE ...?

                     GLE .....?

                            a bus ............??

                     Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... The color is kinda ho-hum and the miles are tall ..

                If it looks good, no I touched it up with a bad hangover stuff, service is 100%, interior is on the 01 side .. then trade side you should be seeing the high $15's, low low $16's if it's real nice and needs -0- .. down Retail Rd $18,9 in the paper and $17,9/$18,5 get's a new owner ..

              I hope this helps ....

                    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ....... The color is right and the miles are super duper low .. if it's as nice as you say it is, it's worth $4,5ish on a trade, these are funny vehicles, folks Love to look at them, few want to buy them, but you just need 1 buyer .. down Retail Rd, $7,900 asking and the first dude with Cash takes it home for $6,5/$7,5 ..

                  Let me know how it goes ...

                        Terry.
  • prayerforprayerfor Member Posts: 161
    On this one I'm looking for a fair private-party value... I'll be the buyer. The car's practically brand new, so there are no TMV or "book" values out there on it.

    2003 Nissan Maxima SE
    6-speed
    Silver
    all options but Nav
    ~ 4400 miles
    inservice 8/30/02
    one door ding, otherwise as new

    Car's in St. Louis...

    Thanks once again for the advice Terry et al.
  • nonjth13nonjth13 Member Posts: 91
    GXE ex rental car
  • rroyce10rroyce10 Member Posts: 9,332
    ....... Qbrozen and I are still waiting on those miles ..

              zzzzzzzzzzzzzzzzzzzzzzzzzz .. back to sleep now.

                      Terry.
  • rroyce10rroyce10 Member Posts: 9,332
      ...... Great choice, lotsa bang for the buck .. no miles, Bose, slider, bun warmers, right color .. it's a handshaker, oh well nothing is perfect.

                 Somewhere the twin to this is running through an auction and they are doing around the high $18's .. a fair price for everyone would be "around" $21ish ..

                     Keep me abreast ...

                         Terry.
  • mbeatricembeatrice Member Posts: 1
    Hi,

    Looking for trade in value of a 2000 Mercedes ML320.
    It has Cypress green metallic paint
            39+K miles
            sunroof
            8-way power seats (driver & passenger)
            leather interior
            heated seats
            CD changer (Bose Audio)
            side rails/running boards
    Excellent shape with a couple stone chips on the hood and a 1/2" nick on teh driver side by the rear wheel well.

    Matt
  • JPhamJPham Member Posts: 148
    Hi Terry,

    Need info for a friend selling his
    '78 Corvette
    candy-apple red
    V8 427 in^3
    140kmi
    leather
    AT
    all power, AC
    all records
    removeable hardtop (targa or T-top, i guess)
    Clean shape, no accidents.

    He thinks he can get $7-8 for it. What do you think? Thanks.

    JP
  • rroyce10rroyce10 Member Posts: 9,332
    ...... Good morning .. we have 39k, color is kinda just ok, if it has new tires and the service is up to date, then you should be seeing the high $20,0, maybe the low $21,0 depending on the dealer ..

                    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .... This is kind of a tuffy .. I really can't say much on these, lot's of miles going on here .. if service is 100%, if it looks drives and feels like 50k, paint is intact, interior isn't wasted away, T-Tops still fit right then they might ask that $7/$8 figure .. you might want to check around and see what they are "asking around" various area's of the country to get a better view on these .. I'm thinking a good sale price "might" be around the $5/$6,0 area, lot's of miles going on here.

                   Terry.
  • nonjth13nonjth13 Member Posts: 91
    Altima from yesterday got lost in the shuffle
    "2001 Altima bought used 1 year ago. Auto, 29000mi. Great condition except fo the fact that a repair shop had a $3600 accident while road testing it after an alignment. Fixed by the local Audi dealer body shop. For peace of mind am thinking of trading for another 2001 Altima as my kid likes the car. How much should I expect to pay a dealer for such a swap? Am in upstate NY."
     GXE ex rental special edition. And by the way if I hadn't been so PO'd I might have had a good laugh over it.
  • zueslewiszueslewis Member Posts: 2,353
    That car originally came with a ferocious 170 hp L82 engine - since he's swapped it out for a 427 (not installed in Corvettes since 1970), you have to consider the emissions issues (and other things) depending on what state you're in.

    The 427 is a good move, but some Corvette "purists" look down on engine swaps, even when it's a crime NOT to swap. The car isn't "original" any more (thankfully). The only real collectible '78 Vette was the Indy Pace Car - they seem to be pulling $10-12K in mint shape.
  • mark156mark156 Member Posts: 1,915
    Terry, what is my car worth now; trade and retail road.

    2000 Mercedes Benz E430 sport
    -location...Tennessee
    -19,800 miles
    -V8 engine
    -Brilliant silver with Ash leather
    -Multi-contour seats (air bladders and seat lengthening)
    -heated seats
    -sunroof
    -6 CD changer
    -no phone, no nav
    -factory sport package (lower body cladding)
    -a few small rock chips on the front
    -interior "hovered in" except one light 3 inch scratch on the drivers leather seat. (car wash guy had a comb in his back pocket)
    -new tires will come if sold or traded

    Car accident about a month ago. $1,800 done to the rear. 99.9% to the back bumper and inside the trunk. Trunk lid repainted and bumper cover replaced/repainted. Excellent repair job.

    Thanks in advance, Mark
    2010 Land Rover LR4, 2013 Honda CR-V, 2009 Bentley GTC, 1990 MB 500SL, 2001 MB S500, 2007 Lincoln TC, 1964 RR Silver Cloud III, 1995 MB E320 Cab., 2015 Prevost Liberty Coach
  • akanglakangl Member Posts: 3,282
    A couple of the firefighters are trying to sell their vehicles, figured I'd ask you if they were in dream land or not on prices.

    First one:
    2001 Toyota Echo, 2dr, manual trans, am/fm/cd, green/gray, 31k, winter and summer tires, the car is in really good shape. The guy wants $8650 for it.

    Second one:
    2000 GMC Sierra, 1/2 ton, x-cab short bed, white/gray, SLE, 4x4, 4.8L V-8, auto, 31k, has a non matching cap on it, pwr stuff, am/fm/cd, truck is in good shape. He wants $18,500 for it.

    Soooo, what do ya think?
  • JPhamJPham Member Posts: 148
  • woodywwwoodyww Member Posts: 1,806
    Terry, I've posted here before about trying to sell my black/tan '88 BMW M6 w/68K miles; & you've given me some great advice. One thing I didn't mention was that a few years ago it sustained about $12K in body damage. I had it repaired at one of the best body shops in New England that specializes in high $$$ German cars, & to my eyes I can't tell any difference from before the accident. But recently a couple of prospective buyers were over here who went nuts because they claimed that "the inside of the fender that was repaired, doesn't FEEL exactly the same as the inside of the other fender!!"

    It was almost comical, but, along with the earlier post about the Pathy with damage, got me thinking about how/when to tell people about this, adjust the price, etc.? The car is not so low mileage that it's "collectible", anyway. I'm asking mid-teens. I hate to turn people off prematurely when the body work was done so nicely.

    Then there's the $1K or $2K of suspension work it needs, plus tires.......Other than that, it's a really great looking car.

    Any more ideas???? And thanks in advance!

    Woody
  • prodigalsunprodigalsun Member Posts: 213
    HI Terry,

    Looking to buy the following from a private party:

    1998 Red Honda CRV EX
    40K miles
    Automatic
    No Roof Rack

    Aftermarket:
    Sunroof
    Leather

    In the lovely Seattle Area.

    Whatcha think there chief? They're asking 13 even.

    Thanks a bunch!

    Prod
  • dikrandikran Member Posts: 12
    $12K in bodywork? Ouch!

    Terry can make a better guess about the value of your car if you mention such things up front.

    One clue that this is highly relevant is Terry's comment about your car (post 9528):

    (rroyce10:) my biggest problem with this "type" of vehicle would be, the little nice lady at the supermarket who put's a $800 scratch on my door and drops the value by $2/$3,000 for the real deal buyer.

    With $12K in bodywork, the regulars here are no longer thinking "what number should we subtract?", but instead "what number should we divide by?".

    Anyway, reviewing your earlier posts, you had someone "desperate to pay $16.5" (post 9516). If you can still do it, take the money. If not, tell potential buyers about the repairs before they come to see the car. Let them decide how much to offer you after they've inspected it. Personally, I'd be OK taking a lot less than $16.5.

    The experts will be able to tell you more, of course.
  • steine13steine13 Member Posts: 2,825
    That CRV is 5-6 years old. $13? Even with the miles, and in rust-free country, that seems extreme. I don't know what the real-deal figures are, but even if I were in love, I wouldn't put more than $10 into it. New ones can be had for a little over $21, and than you have 5 years to pay it off before it's as old as this one...
    -Mathias
  • butchbr73butchbr73 Member Posts: 325
    jees, really $12k a few years ago??? and they repaired it? what happened? what was repaired? any frame damage? wow, you are going to be veeryyyyy lucky to see $16k, especially with the "other work" it needs. I would run all the way to the bank smiling with a $12k check to deposit. anything else you can tell us? are we missing the front passenger seat?

    a $12k accident isn't something you can't forget to mention, its a material fact about the car... its definately not something you can "forget" to mention to a prospective buyer, I wouldn't want to take that phone call from their lawyer, lol. I am thinking this is no longer a "classic BMW" but a relatively aging, high mileage european vehicle.... you will probably be very lucky to see $8-9-10k. lets see what the pros say.
  • woodywwwoodyww Member Posts: 1,806
    Thanks for your feedback re: my '88 M6. Owning, & later trying to sell this car, has been a "learning experience". The $16.5K offer had been from the guy who later went nuts feeling the inside of the fenders.

    There was no frame damage from the accident; the car was still totally driveable. But: fairly major damage to rear, & pass. side rear fender area. Come to think of it, I might have been better off had they declared it "totaled"(?)

    Interior is very nice, as is exterior, outside of some "road rash" on front air dam. All power equip. works, knock wood. People still go bonkers when they see the car. But I get your point(s)--I've never had a car with major body damage before, so the significance of that for resale is just starting to sink in. I was under the "illusion" that because I took it to a great body shop--& it still looks great--maybe it wouldn't be a huge deal. I get your point about disclosure as well.

    cheers, woody
  • butchbr73butchbr73 Member Posts: 325
    I am not saying its not a nice car, I bet it is beautiful. I would love to see it. I am sure it would be hard for an amateur to tell it was wrecked... but for the ones who will pay top dollar.... its got to be in top shape, as Terry has said before, needs -0- and tip top shape (which unfortunately means no paint nor body work).

    Your case is very unfortunate, and I am glad to see you had many days of driving pleasure. I wish you luck.
  • wco81wco81 Member Posts: 594
    Auto, A/C, 126k miles. Silver. Some scratches and dings here and there, some plastic molding falling off.

    I'm in SF Bay Area.
  • gumbobgumbob Member Posts: 1
    What is the trade-in value of:

    2000 Grand Jeep Cherokee
    4 x 4
    With tow package (never used)
    45,000 miles
    Super clean
    Non-smoker
  • akanglakangl Member Posts: 3,282
    You are gonna get sent to your room.....

    color? where does it live? engine size? Need more discription man!!!
  • rroyce10rroyce10 Member Posts: 9,332
    .... ** >One thing I didn't mention was that a few years ago it sustained about $12K in body damage. I had it repaired at one of the best body shops .. < **

              That part musta slipped your mind .l.o.l.. woooo hooo.!, $12 grand ....? - I can see it now, it's just perfect, all original all except for that little $12,000 scratch ..

              The folks that purchase these vehicles, Know these vehicles .. for whatever reason, I have run across not one, but -2- 91 850Ci's in the last 6 months and They were puuuurfect and in the wrapper - except for 1 isty Bitsy scratch and that could be buffed out by 90% .. one with 31k and the other with 33k and the folks that will spend that big cash to buy them, Know "everything" about them, build dates, what time is was shipped, what port in came into, how many were built in a particular color, why it did this and that in September and why they only had 6 bun warmers in April and those Vin#'s are such, etc, etc.

                I can only tell you from my own experience, if it ain't right they will know it ..

               I had a guy from Birmingham AL, that drove to Florida to inspect it first (that's fine) and he was All over that thing with an Elco, turned the vehicle into the light on all 4 sides (twice), and he was smart, he wanted to see the vehicle after 5pm .. then we take it to a BMW dealer not quite in the area (that's fine too) to get the final "word", the vehicle checked out 100%, and even then, he tried to beat me up for $1,500 because there was a small scratch about the length of a cigarette pack, IF, in the right light, angle, you could see it (which he was aware of from jump street) and that was a big no .. but he did push it.

               $12 grand ..? - it should have been totaled .. I dunno what to say that the others haven't covered ~ my biggest sweat would be, the guy that buys it, takes it 6 months later for the 3k oil, filter change and they drop the "bomb" on him .. next thing you know, he's in the driveway with a AK47 and an Attorney .l.o.l.. I would disclose this puppy, get as much as you can honestly get .. then go on.

                   $12 grand ..?

                      Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... It Depends .. it depends on how well the $3,600 "scratch" was completed, and what model you are going to now .. just based on what you are telling me, it sounds like a $6,0/$6,500 vehicle, If everything came out perfect .. no 65lbs of fill, no runs, no frame, 110% match ..

                     Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ...... I don't feel either one of them is asking too much .. especially in Mooseland .. the Yota is worth "around" $7ish and the GMC is worth "around" $16 on the wholesale side .. so they are both inline ...

                     Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Oooh, a little Benz O' matic action here .. I think I would have put my foot into the guys back pocket instead of comb ..

              Miles are waaay low, right color inside and out, sport, all in all sounds like a nice driver all except for the - &;Trunk lid re painted and bumper cover replaced/repainted. Excellent repair < .. it's hard to say, cuz' I can't see it or feel it. 2 wks ago I was playing golf with a guy and he had 20% of the drivers side of his Jag re-painted because of vandalism (I hate kids) so he say's "I will bet lunch that you can't see were they had to touch up my driver" .. ~~ and I could see it from the clubhouse, but I think you are a little farther away ..

                  But let's be on the positive side .. forget the accident for a second, with the color, with the low miles, with the sport pack, it would be worth in and around the $32ish figure on a trade, let's say the work is just great, then it's worth "around" $29ish on a trade, depending on what they want to pick on .. but the best way to find out, is to let the dealer "eyeball" it, - this should be interesting . l.o.l..

              These have a big book on em', but I wouldn't get too crazy .. the miles and the color will sell this pup .. down Retail Rd, I would be in for $37,9 and let the first $36,0/$37,5 take it home .. if I could see it, I could tell ya exactly.

                Don't forget to let me know on this one .. got it.! - now get it.!

                         Terry :)
  • chile96chile96 Member Posts: 330
    Quickie question: I had my hood on my yukon replaced and then painted of course and the new hood now feels "rough", not smooth like the rest of the original truck - is this normal. The place where I got it done(last summer) gives a 5 yr warranty on paint & bodywork. Should I take it back? Also, I've noticed a few real small spots randomnly on the hood where the paint is gone, looks like rock chip damage but on the top of the hood? Finally, I just noticed that there is some overspray? on the top of the car above the windshield(no idea why they were fooling around up there). It looks like dust but doesn't wipe off - and it's "rough" too. Did I get hosed w/ this repair job and should I take it back to them?

    Thanks
    fo
  • akanglakangl Member Posts: 3,282
    Thanks, I wasn't sure on either one. Neither of them is having any luck selling the things, the Echo, Echo, Echo....uh, anyway, its not that popular of a car up here when a Corolla will get in and around the same gas mileage and is a whole lot more car. The GMC well, they are a dime a dozen up here, probably why that one isn't moving.

    Looks like hubby is getting that 94 Chevy diesel, he's in love with it. I'm not thrilled with the price, but the guy's willing to hang on to the truck for another 3 weeks or so until we have our money together. Plus he's taking that darn 82 GMC out of our yard. If that deal falls through there are a couple others we have in mind, but hubby likes that Chevy the best. MEN!!!
  • isellhondasisellhondas Member Posts: 20,342
    That is not a bad price for that CRV. I do know the Seattle marketplace pretty well.

    Just make sure that "micky mouse" sunroof was a quality installation.
  • deebo_67deebo_67 Member Posts: 6
    The information you gave me for my 1989 Accord coupe (post # 12149) was right on the money. I was able to stretch the dealer to $1,100 from his original price of $700. Based on the information you gave me, that was a number I could live with, so I closed the deal without feeling like I had been taken advantage of. Thanks again. You guys on this board do a great service.
  • prayerforprayerfor Member Posts: 161
    Followup to posts 12225 and 12228, Loaded 2003 Maxima 6 spd w/ 4400 mi:

    Terry you hit the private party value at "$21ish", we settled on $20,750. Thanks much.

    Dave
  • prayerforprayerfor Member Posts: 161
    ... Now we'll be looking to sell this one:

    1995 Cadillac Seville STS
    Black on Black
    96,244 miles
    clean condition
    near new Dunlop SP5000 rubber
    Bose CD
    roof
    heated seats
    chrome wheels

    Need your "in the paper" price, in Madison WI.

    Thanks again...
  • aloha1969aloha1969 Member Posts: 4
    Hi - I am selling my 1995 Pontiac Grand Am privately. I have researched the Blue Book and Edmunds recommendations for pricing but am unsure as to what to deduct from the price for the one and only (albeit possibly major) mechanical problem: the power windows/mirrors/locks don't work. One mechanic told me it would cost up to $500 per window to fix and an automotive electrician told me it could cost $50 to hundreds (over the phone consult). The car has 91,000 miles on it and otherwise is great. So my question is, how much should I deduct from my asking price for the problem (I have NO intention of fixing it myself). Any input would be great - thanks!
  • jlawrence01jlawrence01 Member Posts: 1,757
    If I am looking for a 95 Grand Am, I am certainly not going to buy one with non-functioning windows/ door locks, and the like. I mean there are 100's of Grand Ams out there with none of those problems. You have to fix it - unless you are selling it at a fire sale price.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... It's good your seeing this now, this would be one of the first things I, or any car guy would be lookin' and feeling for .. (of course I would be thinking, bad accident, maybe frame damage, stuff like that ..)

               Based on what you are telling me, sounds like they dropped the paint in a dirty shop, then never bothered to even sand it down .. actually this sounds like the "average" job most folks run into, then never mess with .. "should" be easy to rectify, have them or someone they use with a high speed buffer, use some C2 compound and buff it out, the overspray they can remove with some chems .. actually I would have them buff/wax out the whole vehicle, just so they can even out the whole rig.

             If they do it and it doesn't remove "most" of it, then it may be time to get the hood shot again .. but a real good detailer, with a real good buffer should be able to clean most of it and make it feel and look "almost" perfect.

                    Good luck ....

                   
                         Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ...... The miles are low on the CRV, right color and it's an EX ... $13 ..? a little stiff, but not a crime, that NW area gets a little goofy on their prices -- but this time of the year I would be more inclined at $11,5/$12,0 ..

                  Terry.
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