Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
Options
Comments
What should I expect at trade in? It is 'Blue-Green', Premium model, 37.5 K, and clean. My guess is it needs tires in about 8K miles or so. I am in sunny (and dry) FL.
Thanks in Advance - Damon
I'm going to have the think, the Acura dealer is going to be thinkin' $13,000/$14,000...depending on the general condition....
Terry.
Well anyway, this all depends on where you live..If you are up north/midwest, etc, these vehicles get all the monies, If you are in the SE..you might have to keep the puppy vomit..
I have the think, with the miles, dents, tires and the puppy vomit..I think you are going to be on the 9's..
Next time, tell Rin tin tin .. to get his own car...
Terry.
I am interested in obtaining the trade-in and/or market value of my '98 Prelude. I am in the NY market. The car is a Red 5-speed with almost 60,000 miles. It is the base model without the spoiler. I don't believe there are other options to be had. The condition of the car is mechanically mint. The car has 4 new Michelin snow tires mounted. Two 1 year old Pirelli summer tires. Aesthetically average to below average.
There are two 1/4" tears in the headliner. The passenger side interior door skin should be replaced do to two 5 inch scratches. Leather steering wheel cover could use replacing. There are about 10-12 dings on the car, mostly from a huge walnut tree I parked underneath. There is a 6 inch long scratch on the corner of the front bumper. The car has been in two minor accidents. Dent in drivers side door and dent in trunk lid. Both times professionally repaired and properly blended by the body shop. Damage was minor and only affected the panel that was hit--ie. 5-10 mph accidents. The work is good, but in my opinion noticeable in a careful look. Above average job but not perfect.
I plan to replace the interior door skin and steering wheel cover at a cost of about $200. Headliner, bumper respray and dings are probably not worth the investment on my part. I appreciate your opinion!
I'm insulted..!
Well, Zach...you kinda drive like my Ex,
It sounds like you have hit everything , but the lottery......So, lets see.. it's got..dings dent's a few encounters of the strange kind..the miles are on the - deep side, it's a hand shaker...........Geeeez, wheres Bill when I need him----- Ok, I will fess up, I think your Honda dealer is going to be in or around that $9500 to $10,000 range...
Maybe this help's ...
Terry.
OK, I'm with Terry on this one. $9,000 seems to be the number.
Bill
You hit it right. If the car has dents...paintwork...interior damage...and dings from falling walnuts... And, I hate to say it, but it sounds like a rough car and it's a 5-speed...
$10K is where I'd peg it. Perhaps more, but not more than $10,500.
There's just quite a few of them out there with low miles in nice shape I'm afraid.
Bill
I appreciate the reply. I think I will try to shop it around a bit. I believe the Prelude is in better shape than it may have come across in my description. The other point I would like to make is that I have never seen one advertised for sale for less than $15-16K, regardless of mileage (albeit private/dealer listings, not trade-ins). Thanks again.
Bill
An asking ..price
A liking ..price
A taking ..price
The #'s we used are - wholesale prices, that's what a dealer can buy a very similiar vehicle like yours for ..whether he goes to auction, or makes a phone call down the street....you can always ask, and get more if you retail, it certainly wasn't to hurt your feelings...
I'm sorry if it did....
Terry.
68500 Miles
Just passed state inspection in PA, excellent condition with all service records.
AC, Auto, Alloy Whl, AM/FM/Casse, Security Sys
Power Moon Roof
how much can I expect?
But I've seen very clean vehicles, like yours, without any damage, with a little bit lower miles, sell for $12-13K or so....
So let's say that your car, clean, with the miles, is worth $12,000-12,500 on a good day.
With previous paint repairs, $11-11,500.
So, figure in paintwork.. body damage... Anybody who sees that car is going to hit it low I'm afraid.
In fact, I've yet to see a rough new-body-style Prelude I'm afraid... Most of the ones I have seen have been clean, and low-mile ones arent tough to find.
Sorry, if I came off harsh..but if you compare it to what a clean one is worth.., the paintwork is going to hit it another $500 easily.. And then we have what I'd imagine looks like hail damage. Could be $500 to fix, but if the roof's affected, then you have to repair and paint.. easily another $500 on top of that... and you still have a car that's had a lot of paintwork. The headliner is an easy $300+ to redo, generally, repairs to them don't work well at all. The bumper scratch is $75-150... depending.. And figure another $100 easily for the steering wheel if it's just filled and painted. And if you have 2 new Pirellis and 2 snows on it, that's also not a good thing.
But what's going to happen is whoever appraises the car is going to look at it and consider it a rough and abused car. So it's not going to get top dollar. But, in my experience and opinion, the car does need close to $2,000 thrown at it to make it ready to be retailed.
Bill
Hmm, if it's free of paintwork, and clean...
I think it's going to be in the $4,000-4,500 range as a trade...
You could sell it privately for about 6-7K also. Closer to $7K if it's an automatic. Lower priced Hondas in clean shape with service records do sell quickly.
Hope this helps!
Bill
Automatic, not manual tranny.
I'd also like to know if you have any other suggestions (other than Accord or Camry). They were the first two I thought of. I'm just wary of American cars as long-term vehicles.
Thanks, guys.
Well anyway, this must be a hardtop..and if it's in nice clean shape, and the tires are -newish- the miles are ok, kinda----- Soooo, in the land of the "Bigsky" ( isn't that Montana)....I'm thinkin' in the 8's.....
I hope this helps...
Terry.
I like Mazda 626.... But a V6.
Also, a Camry will be cheaper than an Accord.
Bill
Where in America are you located???
It helps a lot. Those Quattros dont bring much oif a premium in FL.. But that's a hot car in the snow belt. Not the greatest color (I like it tho.. My Aunt's A4 is a Santorin Blue 2.8Q) Miles do hurt it.
However, as a rule, $16K will buy me a 40Kish mile 98 like yours. Factor in miles.. some dings..
I'm gonna peg it at like $14K-14,500 or so..
Terry? WHat's your take on it?
Bill
What trad-in offer from dealer he should expect ?
I see there are a lot of experts in this board.
I am just a car enthusiasts with not mcuh experience in real world scenarios trying to help my friend.
I have a 1993 2WD Explorer Sport (Dark Blue Clear Coat Met. with Opal Grey Interior). I purchased the vehicle new and it has not been wrecked. The body is in good shape but it does need a paint job. The interior is in excellent shape. I have all maintenance records. It has 183,000 miles, all highway miles has never been off road. It has the following equipment, ABS Brakes, Preferred Equipment Package 931A (Air Conditioning and Power Equipment Group), Automatic Overdrive Transmission, P235 All-Terrain Tires (New Tires), Speed Control/Tilt Steering Wheel, Moon roof, Luggage Rack, Cast Alum Wheels, CD Player and Captain's Cloth Chairs. It runs good, I drive it 60 miles round trip to work each day. All equipment is functional with no know mechanical problems.
I would like to know what trade in value would be. Also would like to know what would be a fair price to sell to an individual.
Thanks for the help.
Ready to sell it so I can buy another.
Dealer says $1200 to $2000.
Friend says $4000.
What do the experts say out there? willing to sell privately.
msuman I think you want to put it in the paper... Hmm..I'm thinking like wholesale on it to be around $1,500 or so, but I bet you could retail it for $3,500-3,900 or so. Ask $3,900 and see where it gets you. It may be nice and clean, but I'd look at it as an 8 year old Explorer with 180K on it I'm afraid
dforr Take the money (The $4,000) and RUN! That's a very strong price for it I think!
Hope this helps!
Bill
'00 Civic, again assuming it has just two pedals, wholesale is about $10k, depending on what day it is.
'89 Accord, is your friend a used car maven, or is he offering $4k. If he is suggesting that as an asking price, tell him not to quit his day job reading Tarot cards.
It is however a great station car or H.S. graduation gift here in Ct. I would strongly recommend putting it in the Bargain News for around $3200. It should be a quick painless sale.
as always, thanks guys.
Hey, Bill, I think I may have to go back to the drawing board. I really want that WRX (order is due in a few weeks), but the job situation is a little shaky and I think I may be moving on soon. In light of that, I may have to back out on my order. 1st question is, my deposit is refundable, right? 2nd question, is there a Jag possibility that I could look at for $15K that I could trust for the next 100,000 miles?? Just a thought .... don't laugh.
'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
Jaguar...is that what you want to spend for the car, or is that your repair budget? Do yourself a favor, by the time you finished with that rat, you would more than likely exceed your cost of ownership of the WRX by a long shot.
Without getting into too much detail, there is a good reason why a $50k+ car is selling for $15k with a few miles on the clock and a few years on the body.
1994 Nissan Altima GXE 4-door
Light Bronze/Tan Interior
4 Cylinder
Automatic
81,000 miles
Stereo/Cassette
Cruise Control
A/C
Electric windows/locks/side mirrors
Rear defogger
One small dent on rear passenger quarterpanel
Small amount of rust on rear passenger wheelwell
We're located in Minnesota. Any ideas on trade-in for this car? They are wanting to buy pretty quickly (i.e. Memorial Day), but if you had a guess as to what would make for a quick private sale, we'd appreciate that as well.
Thanks again, guys!
She could probably retail firesale this rig for about $4500 if the stars are aligned properly over Minnesota.
Besides, trade in value is trade in value.
thanks, by the way, for the opinion, Carguy. I'm just keeping my options open. Personally, I don't mind working on a car. I'm pretty good at it. Cost of parts, on the other hand, can't be avoided. Understood. believe me, every time I look at something somewhat exotic, my father is the first to point out repair costs.
'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
Besides, that WRX....Holy Toledo!! Thats good stuff!
Good luck with whatever you choose.
It's dark green, which is no help, and it's got a lotof miles. NJ is a tough place to sell miles. It might do better by a few hundred in the southeast or midwest... but not there.
As far as Jags go... $15-16K will get you into a 95 XJ6 with 60-70K IF you shop carefully. Remember, high miles kill those cars valuewise. And a 95 is going to be as reliable, in my personal experience, as anything with a "T" "H" or "L" on the trunklid.
A 94 XJ6 is not a bad way to go, but a 95 is much better. $11K ought to get you a nice 94 XJ6
I'd say that I can get you one down here... but... few of the FL cars have traction control, which you'd need in Jersey.
Bill
95+ Cars are outstanding. I've had my VDP since new, and we've got 4 other currently either in the family or leased for employees of my family's business.
Alll are bulletproof. My 95 VDP has 126,000 on it and still doesnt rattle or break even after several accidents to boot.
Bill
Jaguar Gold Level Certified Salesperson/Sales manager
Sorry
Tell her to look for a year-old used 626 or Protege, they can be quite the bargain. A lot are sold to Fleets and they have weakish residual values...
Bill
I deal in a LOT of them, maybe I can help.
Bill
59 XK150
65 XKE
95 VDP
97 XJ6 <--Dad's
99 XJR
I'm biased though
Terry.
You have had excellent luck with yours, unfortunately as I am sure we both have seen, others are not as "kind" to their kittys as we would be. As a result, there are a few in the marketplace that are best described as undesirable.
====================
Hello all.. Hope this is not toooo off-topic.
First, thanks for your 1800 messages of goodwill.
Second, I unloaded a 92 Sable W/ _BLOWN_ head gasket with 66k for $1k. Did I rip them off as badly as I think I did?