Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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2001 M3 WBSBL934X1JR12061 Titanium silver/black, 6,800 miles, H/K sound, single CD, 6-spd, heated seats, cold weather pkg, factory alarm, excellent condition inside & out, $38,500.
I don't know anything more about the car than that, yet, except I do sort of know the people selling it, & I think it might be an estate sale type situation. Assuming the car checks out 100%, what would be a great price for me to buy the car at? "I don't really need it, shouldn't buy it, etc." so not sure how long I'd keep it. My other choice is a used Honda S2000 (I realize, an odd pairing of vehicles to consider).
Thanks in advance for any advice!
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
2002 BMW 325ci
2 dr coupe
2.5L 6 cyl 5-speed
29000 miles
Topaz Blue/Sand interior
Leatherette
Premium Package
Wood Trim
Moonroof
Heated seats
Universal opener
No scratches, no dings, no stains, driver floor mat worn
2 new tires, 2 original
original brakes
BMW maintenance
No damage, no claims, no touch up paint
can use a light bath
I am thinking of trading this in at the dealer where it was purchased for a Z4 which is being heavily discounted.
Thanks for your help
2004 Monte Carlo ss
South Florida
7000 Miles (average 10,000 miles next 12 months)
Black leather,moonroof, onstar, pwr wind/seats heated seats pass/driver, climate control all the bells & whistles
Silver
excellent condition -garage kept Want to see best time to trade this in.
Thanks
Shari
have a great turkey day and don't od on footy!
my brother in law is looking for the trade in value on the folowing - thanks. looking to go bigger(expy). thanks in advance.
Location: central connecticut
Year/Make/Model: '03 ford explorer
Body Style: 4dr
Engine: v-8, auto
Driveline: 4WD
Mileage: 22k
color: exterior: white/charcoal interior: black
options: alloys, sun roof, leather, 3rd seat, 2 tone, towing package, 6 disc changer, running boards, bug deflector, mud flaps
Condition: no noted scratches or dings (garaged)
Tires - original - good tread
Other: lots of trips to the sunshine state.
Thinking of trading in on a '05 Yukon Denali....your expertise and time are appreciated, thanks.
Location: Miami, Florida
Year/Make/Model: 1995 Chevrolet Tahoe LT
Body Style: 4dr wagon
Engine: 5.7 liter
Driveline: 2 WD
Mileage: 78,000
Color: Dark green exterior/Tan interior
Major Options: LT package: leather, CD,Premium alloys, running boards, towing package
Condition: Exterior paint in good condition; a couple minor door dings/couple small scratches
Interior shows only light wear, really nice.
Tires: Michelin LTX with better than 85% tread wear left.
Brakes: Good condition
Maintenance: All scheduled maintenance performed
Other: Never involved in any collisions...pretty nice overall for nearly 10 years of service.
Terry.
Terry.
If, the paint isn't all burned off, no love bug invasions, the leather doesn't have that Jack the Ripper look, cold breeze and the service is 110% .. then trade side, you should be seeing the mid/tall $3's, maybe the low low $4's depending on the dealer ... the miles save this one ........
Terry.
Terry.
==================================
Thanks again Terry. Our first offer from a dealer was $17,7 and 15 flat and because I had posted here and you told me that we would see low to mid 15's maybe could get dealer to wander toward 16 we decided to tell the dealer we would think it over on the weekend and call on monday. So I shopped the offer and found that the first dealer didn't want my business all that bad. I know in the grand scheme of things it is only $600 difference but to me it is. I really appreciate what you do and it was such a HUGE help for us. I am not very good at negotiation and this is the first car (this will be the 6th car I have owned) we got a decent deal on and I have you to thank for that. So even if you don't get updates all the time, know that you provide valuable info to us poor folk that don't understand the car business.
Anyway sticker is 76,600 and they said they'd do 69,500 delivered to Houston which is where I need to get a car. He said they've only been discounting new '05 Cayenne S's $2K off sticker so this is a "great deal". What do you think a fair number would be for both sides - i.e. I want to say "look, if I were trading this in to you guys you would only be offering $XX,XXX"
2005 Cayenne S 4.5liter
Silver w/ light gray guts
6 speed tiptronic
Nav
Air Suspension
CD changer
Soft Leather
Park Assist
Comfort pkg - yada-yada-yada
20" rims
assuming showroom condition - they haven't said otherwise
1600 miles in Dallas/Houston TX
thanks for any quick response & Happy Holidays!
fo
Take your pick:
1) Now. It will not increase in value in the next 12-24 months.
2) Never. These things depreciate like month-old tuna casserole. You've already taken the largest depreciation hit, any further depreciation is "cheap" compared to what you've already been through.
Location: Northern NJ
Year/Make/Model:2002 Acura MDX
Body Style: 4 dr suv
Engine: 3.5 liter
Driveline: AWD
Mileage: 58,000
Color: Black on Black
Major Options: factory installed roof rack, hitch
Condition:
Details of interior very clean and exterior a few small dings from hail otherwise very good
Tires - original
Brakes - original
Maintenance
Other: no prior damagae - mostly highway commuting miles
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Hey Terry -
Thinking about trading in and your efforts would be appreciated.
I have a 2002 Passat GLS 1.8T Auto in Orlando, FL
It is an automatic with 21,000 miles with Sunroof, leather, monsoon, and homelink. It is anthracite blue and needs no body or mechanical repair. Dealer performs all maintenance routinely and all parts are original (brakes, tires etc.)
Minor scratches from daily driving but otherwise a very clean car.
Thanks again.
Location Palatine, IL (Northwest Suburb of Chicago)
2002 Subaru Impreza Outback Sport Sport Wagon
Engine 2.5 165 hp boxer 4
Driveline AWD
Mileage 53500
Exterior color silver with beige bumpers and door strip things (whatever they're called)
Alloy Wheels, Sony CD Player with steering wheel audio controls added on, Viper car alarm with Remote Start (550 ESP I believe) Arm rest air filtration system carpeted floor mats rubber floor mats (yes I have both) roof rack automatic dimming mirror with compass, mudflaps and I think that's it for options.
Exterior paint is in good condition. A couple of chips on front that haven't rusted (thank you wax) have touch up paint to touch up before trade in. There's a red blotch of paint on the driver's door (can probably buff out) and some paint missing from the plastic beige door thing (should be able to touch up) There's no dings or dents that I've noticed.
Interior looks like new. I've been very anal about keeping it nice on the inside.
Tires are Yokohama AS430s and were new in August
All maintenance up to 40k miles was done at a Subaru dealer. After that point we've maintained it ourselves.
Now for prior damage . . . :-) The car was purchased in June of 2001 (Subaru released the '02s early). In January of 2002 (with 12k miles on the odometer) I was run onto a median on I-94 which caused 12,000 worth of damage to the car. Insurance picked up the tab and repaired the car. Most of the suspension was replaced and the car was completely repainted in the original silver/beige colors. It was done with all genuine Subaru Parts. Looking at the car right now you wouldn't know it was in an accident.
Carfax also does NOT show this accident despite there being a major police write up and tickets issued (to the other guy) as well as a massive insurance claim.
So with all that being said, what can I expect for trade in value if I was to trade it in a few months from now.
Terry.
Of course ... there is no bones in ice cream ....
Terry.
'03 325i with 14K miles
Glows in the dark.
suburbs of Baltimore
slushbox
CPO from a BMW dealership/Sports & Premium package/cd/xenon lights/Harmon Kardon stereo/Heated seats/ Black with Tan Leather.
Asking $29,900
What would be a fair price to buy this car from the dealer
You'd think I'd never done this before...
As always, thanks a lot.
kyfdx
=================================
Oookay .. In the land of the 2 criminals on the same football time ....
We have a 03 325i with 14,000 short miles, color is good for the area, we have some HK, we have the butt warmers, we have the blinders, we even have some of the Prem/sport pack and the auto .... you know the drill, no paint, no Popeyes, no curb burners, if so .. then trade side, the dealer probably paid the mid/high $23ish figure, lets say $24 just for the grins and glory, lets do a little CPO action $1,200, lets fix a this and that $200, lets fix that rip in the back seat that no one saw on trade $200, probably $400 pack ... dealer "might" could "maybe have" $26 at the table in it ..... $29,900 .? thats a good asking price .. but I have a feeling that $27,9ish will get it home, maybe less with "tumbleweed time" starting to settle in ..........
Terry.
Have a great Thanksgiving!!
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2001 Toyota Solara Convertible SLE
3.0 Liter V6
Mileage: 59,000
Color: Black w/black top / Grey Leather
Options: AM/FM/Cassette/CD (6) Changer Audio system; Traction Control
Condition:
Exterior: shiny paint, no dings on sides, a few small blemishes on front (very small). Tires have about 15,000 miles on them.. look like new.. Brakes are good... no noise.
Interior: Mostly driver seat with normal wear; usually only driver in car; non smoker; a small blemish on left side of driver seat in leather where pants pocket button hits when getting in. Overall interior is in excellent condition.
Maintenance: maintained by dealer every 5,000 miles.
Car was in a minor accident last year. Hit on left side behind driver door. Repaired by Dealer Body shop. Looks like new.
Car drives great and is has been taken care of. Garage parked. Need to know what a realistic trade in value is: Edmunds TMV=$16,979; Intelliprice=$12-926-14,865; KBB Good Condition=$12,230; KBB Excellent Condition=$13,075.. quite a wide range!!! What is real here? Thanks, Otownman
==============================
It's an 01 - it's black and black (in Florida.?) 60k, SLE, garaged, it's been serviced, we have a minor meteorite hit to the door ... if it's super clean, no swirlomatic car washes, no split seats, door work shows -0-, if the vehicle drives/looks/feels like 25k .. then trade side, in and around the low/mid $13's, could "maybe" see the tall $13's if everything goes your way with the right alignment with Mars and Jupiter and it needs -0- .. if it needs stuff, start deducting .... color and the miles are not your friend ........
Terry.
Can you help with this? I need to know what to accept as a trade-in offer.
Harrisburg, PA
2002 BMW 325ci
2 dr coupe
2.5L 6 cyl 5-speed
29000 miles
Topaz Blue/Sand interior
Leatherette
Premium Package
Wood Trim
Moonroof
Heated seats
Universal opener
No scratches, no dings, no stains, driver floor mat worn
2 new tires, 2 original
original brakes
BMW maintenance
No damage, no claims, no touch up paint
can use a light bath
I am thinking of trading this in at the dealer where it was purchased for a Z4 which is being heavily discounted.
Thanks for your help
We have an 02 325ci, it's an El' Coupe', we have 29k short miles, we have that funny move it around thing between the seats, color combo is fine, we have the cheapo interior (do you wear Leatherette shoes.?) we have the Prem pack, slider, bun warmers, all in all, probably not a bad vehicle ..... if the we have no paintwork and the service is from yesterday .. then trade side, in and around the super tall $19's, low/mid $20ish figure, might get a brave dealer to march/stagger/struggle to reach close to that $21 figure, but I have a feeling that $20,0 would just about kill it .... no leather and the handshaker should hold this one back ......
Let me know what happens ....
Terry.
Well, we don't have anyone else close.
Thanks for the info. I am curious though...
Why is the stick a detriment in a car like this? Once when it was in for service they gave me a loaner with an automatic and I hated it. Since this is the coupe I would think most who appreciate driving would want the stick.
Just like my great Grand Daddy used to say: Always be thankful for what you have .. because when it's gone ~ you sure will miss it.!
Terry
Long time listener, first time caller..
NE Ohio - Akron / Canton
2002 Honda Accord Special Edition
4-dr sedan
4 cyl
Auto trans
35K
Black ext / grey interior
Alloy wheels, factory roof, single CD, PW/PDL/cruise
Condition - good, would look alot better with a proper detail. Some light scratches on the edge of the trunk, easily buffed out. Otherwise dirty but not damaged. Smoked in though.
Brakes - rotors shake very lightly on hard stops, tires, about 40%, only maintenence done is oil changes every 4K
No damage or wrecks
This is a model Honda made out of Accord LX models; they basically added the alloy wheels & roof to make it a little nicer than the LX. I think this was a factory version though as I've seen lots of them around in many areas.
Drives great, just needs a good cleaning. Thanks Terry - keep up the good work!
Jason
Terry.
Is that true of all makes? The auto and the stick are the same cost in the new corvettes. I can't imagine a corvette with an automatic, but that is me. I guess nobody is going to make a purchase decision on that vehicle based on what resale will be, but will it be a factor?
Just thought I would try a repost...any thoughts.
Have a really low # from a dealer in ATL.
Thanks, Happy Gobble Gobble.
Almost the same as above with a few changes...
01 Land Rover Disco II SE7 - loaded
Had to have it.
69k
Epsom Green
4 New Michelins - about a month ago
2nd owner
Purchased from indpendent (Land Rover only) dealer
Metro Atlanta
All records
Transferrable Warranty (to an individual)
Excellent condition
- 2002 Toyota Tundra Limited Extended Cab
- 4.7L V8
- 4WD
- 28K miles
- Black/Oak
- TRD offroad package, tow package, all-weather guard package, auto-dimming mirror, 6disc CD/radio
- Excellent condition minus some scratches in the truck bed and some near the rear right light
- First owner, no accidents, dealer serviced
Thanks for your help Terry!
Steve
Lots of folks consider resale when buying new. Remember that Terry's primary concern is buying and selling these things and sticks don't move like autos. But Terry also says buy and drive what you like.
I have co-workers that scratch their heads when I say I want to go back to driving a stick and use the resale arguement with me. I'm of the thought of why should I pay $1000-1200 extra for a feature I'll hate for 5 years just to get back $4-500 on the back end.
Buddy of mine was offered $15,5 on an '03 CRV EX 5sp and was told the stick is a $1,500 hit.
The cost for the auto is usually $800-1200.
And robr is right... Terry's stick is turning and burning, not "fun to drive" or "new vs used"... those decisions you still have to make for yourself.
3" on the ground and counting... mounted snows last night, just under the wire....
Happy Thanksgiving, and happy trails if you're traveling!
-Mathias in mid-MI
I got my snows on about 10 days ago - during the 4" snowfall we got!! Nothing like putting on snows in the snow.
I think I've had my fill of car deals for a while, due to mistakes we've signed the papers on that new Titan THREE times. Sheesh, like buying 3 cars in the past 10 days.
I'm cheating tomorrow, no cooking for me, we are going out to eat........errrr, or something like that.
Happy Thanksgiving Everyone!!!
Richmond, VA area
2001 Land Rover Discovery II SE
Bought 6 months ago from independant dealer
One-owner corporate lease. Clean CarFax report
54K (out of warranty)
4 new tires (tyres) last week
New front brake pads last week
loaded..including Winter package
5 disc CD changer yada yada
Everything in excellent cond. No blemishes in/out
All scheduled maint done on vehicle. Have print-outs on this from Land Rover.
Terry.. what can I expect for a trade in value?I'm on thin ice w/husband, who didn't want me to get this truck. I can live with "I told you so" but it ain't gonna be easy..
Thanks and Happy Thanksgiving
99 Dodge Durango SLT
5.9L V8 automatic
4WD (w FT option)
89,040 miles
Silver/Charcoal grey leather
3rd row seat, rear air, HD/Tow pkg, cruise, steering wheel radio controls
1 mini meteor door ding driver side pass door
Semivisible dings / abrasions on exterior paint, most would buff out, good looking truck, no rust / chips / cracks / dents
Interior in good shape, strong B+ / A-
50% tread on Michelin LTX AT
Brakes - recently done
Wild card #1: dealer-installed remanufactured engine, 32 months and 33k miles left on Dodge engine warranty, cost $6,000
Wild card #2: minor front end collision, flawless detailed and complete repair by M2 Collision Care
Trade value might be, ??
Pvt party retail, ??
Thanks, and Happy Thanks
Orlando, FL
2002 VW Passat GLS
4door
1.8T
FWD
21,000
Anthracite Blue
Sun roof, automatic, monsoon radio, leather
Interior clean, exterior good, small scratches on fenders.
Tires are original with large % of tread remaining.
Brakes original and working great, checked out fine at 20K
Always routinely maintained at dealer. Only needed to be in shop for maintenance and burned out headlights.
No prior damage/claims with insurance.
Still under 4yr 50k warrantee. (purchased June 2002)
Thanks from sunny Florida!
Thanks :-) I'm going to try to do some wheelin an dealing after the holidays, let you know how it turns out. Thank you very much for your insight.
Kenna
LS430 Ultra; Silv/Blk; 31k miles; west coast clean
LX470; MarkLev/Nav; blk/tan; 42k miles; west coast clean
What saeth the sage for trade-in and retail #s?
TIA.
Suggested Information for posting trade-in values:
Location: [city/state or nearest metropolitan area]
Year/Make/Model:
Body Style: [2dr/4dr/wagon]
Engine: [3.5 liter, 4/6 cylinder, auto/manual]
Driveline: [FWD/RWD/AWD/4WD]
Mileage:
Color: [exterior/interior]
Major Options: [alloys, sun roof, etc.]
Condition:
Details of interior and exterior, including dings, scratches etc.
Tires - new or % worn
Brakes
Maintenance
Other: Indicate prior damage/insurance claims, repaints, etc.
...sweet is a return customer from Oregon, and he's pretty much done with the description... drivelines and body style are givens for either one... so he's doing ok.
High-end, 3-year-old Lexi are different animals than 99 Jettas.
-Mathias
Tucson AZ
99 Camry LE
4 door
2.2 4 cyl
auto trans
85,000 miles
color: burnt sage? brownish grey gold?
ABS, rest equiped as normal LE Camry of the year
(no alloys, or moon roof, or power seat or keyless remote)
no body work, paint shiney, interior has no obvious tears or unusual wear (except as expected for 85 clicks)
tires: high end Michelins about 50% or more left
Brakes done recently, perhaps 10,000 miles ago dealer maintained every 5,000 miles
Thanks Terry, and I hope you didn't OD on Turkey
Jeff
So I got new tires and front brakes, cleaned it up and put an ad in the paper. Five days went by without a call. Not wanting to make this a project, I lowered the price to 4900. Within a few days I got two calls, one came to look at it and two days later he bought it, at my asking price.
From prior expereince I think I got a little lucky here in selling it this quickly without hassle, but one buyer is all it takes. Im hoping to make better choices so as not to be in this situation - I could be in CCBA but I dont like to brag. Anyway, this board is much appreciated and entertaining too, keep up the good work.