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Real-World Trade-In Values

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Comments

  • dkuhajdadkuhajda Member Posts: 487
    Where is the good news? Oh! there isn't any?
    Bad A/C, cracked bumper (probably from a crappy repair job?), been crunch in front and rear (how much $$ damage), already needed another repaint due to rust on the hood (part of the first repair?), dull paint on the roof. Tons of miles. Not to mention it is a 2000 Focus, not the best year for the model.

    Might get really lucky and see as high as $1500 ACV for trade in. As it sits, it will go to auction. That car in its current condition won't bring much more than $2000 on an as-is sale.
  • hunnydewhunnydew Member Posts: 26
    Argh, ouch!! The bumper has a crack in it because an unfortunate dog ran in front of the car. I didn't own the car when it had the front end accident so I don't know the $$. I do believe that's why it had to be repainted. The rear end collision wasn't bad.

    It at least runs! LOL That's probably the only thing it has going for it... and maybe the power sunroof :P
  • garevelsgarevels Member Posts: 3
    Hi Terry,

    Trying to get a good idea on trade-in value

    St Louis
    04 BMW 330ci
    21,450 miles
    Alpine White
    sport pkg, premium pkg,leather, heated seats, sirius,nav, 18" wheels, sun roof, Xenon Headlights, 6 spd mt

    Thanks
  • woodywwwoodyww Member Posts: 1,806
    *Again, neither Gee or myself are getting a great vibe from this guy*

    Such is the life of an ebay seller. What kind of feedback does he have? Maybe sending a "2nd chance offer" to another bidder will work if he flakes out. Personally.......if a winning bidder has questionable FB, or is starting to get wierd on you, I'd probably be looking for a way to move on......& not cut him any slack if he sends the deposit late, etc......
  • anonymouspostsanonymousposts Member Posts: 3,802
    he sent the deposit but as of today, has failed to provide us with the copy of the certified check that we requested for verification purposes. If his bank is closed Monday he will not be able to pick up the car. You all know as well as I do that certified checks can be fraudulent and it's a bit odd that he hasn't provided this yet. His feedback rating is positive but he has only bought 1 item.
  • hunnydewhunnydew Member Posts: 26
    Well, there is some good news after all! I went to the dealership today to see what kind of deal I can get for an '06. The salesman left my sister and I inside while he went to go look at my car that I'm trading. When he came back, he said he was expecting it to be a heap of junk but was surprised at how great of shape it's in. I almost fell out of my chair!! They'll give me $2200 for it and that makes me happy. :)
  • corvettecorvette Member Posts: 11,272
    He will probably try to convince you that you're unreasonable if you don't let him have the car, even though you can't verify the check, but you're not... I have the burden of telling people things they don't want to hear on a regular basis, and quite a few of them like to shoot the messenger.
  • div2div2 Member Posts: 2,580
    I have the burden of telling people things they don't want to hear on a regular basis, and quite a few of them like to shoot the messenger.

    Tell me about it... :P
  • leroybrown71leroybrown71 Member Posts: 26
    .. **Location: San Antonio,TX

    Year/Make/Model: 2004 Ford Mustang Mach1
    Body Style: 2 door
    Engine: 4.6 liter DOHC V8
    Driveline: RWD
    Mileage: 16,200
    Color: Screaming Yellow, Black interior
    Major Options: Automatic, interior upgrade package.
    Condition: Very good. 2 small scrapes on rear bumper ( <.5 cm each ) , no other chips/scrapes/dings. No paintwork or accidents. Interior also very good.
    Tires - Good tread ( ~75% + ) Brakes: ~75%
    Maintenance : Regularly scheduled oil changes, filters, etc..................................
    Other: Thinking about selling this one.. and waiting out the new Shelby Mustang. Not sure if now's the time, or wait till the Shelby is released. Curious on trade / private party values. Thanks in advance Terry!
  • div2div2 Member Posts: 2,580
    I'd buy it if it had a stick...
  • 210delray210delray Member Posts: 4,721
    Location: Central Virginia
    Year/Make/Model: 2005 Toyota Camry XLE
    Body Style: 4-door
    Engine: 2.4 liter, 4 cylinder, 5-speed auto
    Driveline: FWD
    Mileage: 13,755
    Purchased new: 5/20/2005
    Color: Silver ("lunar mist") exterior, gray with fake wood interior
    Major Options: side and side curtain airbags, carpeted trunk mat and cargo net

    Condition: Essentially as new (very minor scratches in a few places -- you have to squint to see them). Right front bumper cover has a couple of ~1 in. long, very narrow scrapes where the black plastic shows through the paint. Absolutely NO door dings! Super clean engine compartment.
    Tires - maybe 25% worn
    Brakes - excellent
    Maintenance - 2 oil and filter changes with the third coming this week, one tire rotation.

    Other: No crash damage or other repairs; always garaged.

    Standard features include: power driver and passenger seats (both 8-way, plus power lumbar for driver), auto-dimming mirror with compass, Homelink, power heated rear view mirrors, manual rear window sunshade, JBL sound system with 8 speakers in 6 locations and 6-CD changer, 16 x 6.5 in. steel wheels with plastic wheel covers (sorry!), P215/60R16 Bridgestone Potenza RE 92 V-rated tires, full-size matching spare, 4-wheel disks with ABS, antitheft system. No sunroof = more headroom!
  • jprocjproc Member Posts: 135
    Well another daughter is off to college in the fall and I need to sell a car.Decided to sell the least practical (and most fun one )

    99 SLk 230
    Silver with a maroon interior
    77,000 miles
    New sneakers and front brakes (3k miles on each)
    Heated front seats only extra option
    automatic tranny
    It has a few paint chips and scratches.I'm having the car detailed so hopefully they will disappear
    Bucks County, PA (25 miles northeast of Philly)
    maintenance is up to date
    no accidents , repaints etc

    What can I reasonably expect retail and what would a dealer likely give me for it
    Thx in advance
  • longo32longo32 Member Posts: 81
    So, Del, where is this Camry and what are you asking for it?
  • 210delray210delray Member Posts: 4,721
    In Central Virginia, but I'm not asking anything for it yet.

    Just testing the waters, and the more I think about, the less it makes sense to sell it and replace it with a Prius.

    You know the old argument about being able to buy lots of gas before you make up the price difference, even with the US tax credit of $3150 on the Prius?
  • lx4salelx4sale Member Posts: 2
    Hi Everyone, I just signed up today. I am trying to sell my wifes 04 convertible Sebring LX with 34k miles. I live in Chicago and am moving out of state and cannot take it with. We have it listed on autotrader, cars.com, and have had it listed in a few local papers. No serious offers yet. I am asking 14k for it and there is a transferable extended warranty with it to 70k miles. Am I asking to much :confuse: . Is it that there are to many out there. Any help would be appreciated, thanks!
  • qbrozenqbrozen Member Posts: 33,735
    considering even edmunds pegs dealer retail at less than $13k, yes, you are asking too much.

    try asking $12k and take $11k.

    why can't you take it out of state??

    '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

  • lx4salelx4sale Member Posts: 2
    I just did the Emunds on it and your right it came to $13,801 with options and trade in at $10,668. I have to say I am extremly disappointed in the resale value of these cars. I bought the car for $17,000 with 9k miles on it and now it has already depreciated 7k! Thanks for the input qb. We are only taking one car with us and my Bimmer won the toss up :) .
  • caddyluvrcaddyluvr Member Posts: 16
    My parents are looking at getting rid of their minivan and I might be interested:

    Detroit Metro area
    1999 Olds Silhouette Premier Edition
    Premiers come mostly loaded, this one has everything except moonroof and cd-changer
    70k miles
    Sand colored w/ beige leather interior
    Very good condition, one owner, well maintained
    Newer tires/brakes

    What would be a fair price for a family transaction like this (or what would be a good price for me to buy it at)
  • jbolltjbollt Member Posts: 736
    Terry, we are going shopping this weekend...so if you are around, I would greatly appreciate your thoughts on trade-in and private party on this. AZ is a tax on difference state, so it may favor trading. Thanks so very much!

    Tucson, AZ
    2003 Toyota Highlander NON-limited (but almost equiped like one)
    3.0L V6 4spd auto trans
    32,000 miles
    Gold with tan cloth (ivory??) interior

    very well loaded:
    -ROOF RACK
    -MOONROOF
    -TOW PREP
    -TOW HITCH (never used)
    -APPEARANCE PACKAGE: ALLOY WHEELS(5) color keyed MUD GUARDS, PRIVACY GLASS
    -CONVIENCE POACKAGE (remote keyless entry, tonneau cover)
    -PREFERRED PACKAGE: 8-WAY POWER DRIVERS SEAT, HOMELINK, ILLUMINATED SUNVISOR/MIRROR, IMMOBOLIZER
    -AUTO-DIMMING REAR VIEW MIRROR W/outside temp/COMPASS
    -CARPET/CARGO MAT SET
    -REAR SPOILER
    -Factory fog lights were added

    Vehicle is exceptionally clean, washed weekly, waxed 2 times a year, 1 very minor scuff at top of rear bumper (touched up) no french fries, or spills, non smoking.
    brakes are original, but seem fine, (as the miles are mostly highway miles) tires brand new, in last 2 weeks.

    Oil changed every 5,000 miles
    Never any body work or ins claims

    Terry, thanks for a quick reply if you are around, or I welcome anyone elses comments if Terry isn't around right now. We are shopping tomorrow! YAY!

    Thanks!
  • bretfrazbretfraz Member Posts: 2,021
    It's prime time for ragtops so now is the best time to get top dollar. Wait 60-90 days and every dealer north of the Mason-Dixon line is gonna put em on fire sale. And then you'll be hard pressed to give it away.

    I agree $14k is overpriced for private party seller. I found this one out in St. Charles: http://www.autotrader.com/fyc/vdp.jsp?rdpage=thumb&car_id=202035916&dealer_id=17- 1267&car_year=2004&mod_bookmark_id=null&search_type=used&num_records=&make=CHRY&- distance=75&model=CHRYSEB&address=60611&certified=&advanced=&max_price=&bkms=115- 2296757967&min_price=&end_year=2004&start_year=2004&isp=y&lang=en&cardist=35

    At $13.5K with a lot less miles for sale at a Chrysler dealer, you'll need to be well under that price to snag a buyer.
  • tsgeiseltsgeisel Member Posts: 352
    While TMV/KBB are helpful, they don't always jibe with reality, because they don't track private party sales.

    craigslist.org, if you're near a major market, is generally an excellent resource for finding out what people are *asking* for their cars, since it's completely free.

    But, in general, you'll want to look just beyond TMV.
  • volvomaxvolvomax Member Posts: 5,238
    On the Highlander, ACV is probably @ $15,000
  • emont1emont1 Member Posts: 3
    Looking to trade this in sometime in the next few weeks. Appreciate any of the experts weighing in with what I can expect. Thanks in advance.

    Location: Upstate NY (near Albany)
    Year/Make/Model: 2003 Nissan Sentra SE-R
    Body Style: 4dr sedan
    Engine: 2.5 liter, 4 cylinder, auto
    Driveline: FWD
    Mileage: 25,000 (one of the benefits of living close to work)
    Color: blue exterior, gray cloth interior
    Major Options: auto, ABS, SAB
    Condition: Good
    Tires & Brakes are original, still have a bit of life in them
    Maintenance:
    Coming up on the 30k service which I haven't done. Is it worth my while to do this prior to trading? Otherwise all other maintenance done on schedule.

    Other: No wrecks, accidents, etc.

    Nothing too fancy here. Has the typical power windows/locks and cd. Auto, ABS and front side airbags are the major adders. Overall I think the car is in pretty good shape. No dents, dings, scrapes on the outside. No rips, pulls, stains on the inside. No kids or pets. There is an intermittent rattle coming from underneath. Sounds like the heat shield is coming loose. I spent some time poking around underneath but can't find it. Had it into the dealer but I got the infamous 'can not duplicate' response. I figure this will be worth some kind of deduction.
  • noffetsnoffets Member Posts: 1
    Location: Okc/Okla
    96/Ford/Explorer
    4 door
    V8 5 Liter
    RWD
    150000 Miles
    Color: Red/tan cloth seats
    Option: Power windows/doors/CD changer
    Condition: Several ding on rear door and scratches
    tires are in good condition brakes replace last year.
    I'm curious on how much I can get if I trade in or sell
    to private party.
  • inkieinkie Member Posts: 281
    I would like to know a fair price for a 2002 Honda CRV EX.
    all wheel awd
    auto
    white
    37,900 miles
    excellant condition throughout
    well maintained, oil changed every 3 months etc.
    Thank You
  • sammyssammys Member Posts: 30
    Hello.
    I will be purchasing a new car very soon and have an old 1999 Mercedes ML320 with 3rd row seat to get rid of. It is in good condition, the only problem is the front plastic/molded bumper took a hit about a year ago at the left front corner and is cracked. It didn't/doesn't make sense to have the molding replaced (~$1,000) as I wanted to get rid of the car.

    Now that the time has come I can either take my chances at a dealer that I would most likely purchase my new car from or try and sell it privately, which I really don't want to do, or one of the places like carmax.

    I guess I could make a purchase deal at a dealer and then, if they don't offer me sufficient $ for a trade, go down the street to the next dealer. Unfortunately, carmax is in Hartford CT and I live in Elmsford NY (over 100 miles away).

    Any thoughts on what approach I should take? Has anyone had success with selling vehicles outright to places like carmax (even if you don't buy from them)?

    Thanks.
    SammyS
  • graphicguygraphicguy Member Posts: 14,120
    I'll take a stab at this.....

    Obviously, your vehicle is going to bring the highest $ if the bumper is fixed....either for a trade or as a private sale.

    Sounds like you're not much into selling this on your own, so let's focus on the trade side of things. It certainly wouldn't hurt to have a number put on it at Carmax, but you don't sound like you want to make that drive.

    Now, we're down to trading it in, locally. We don't know the mileage nor the options on it. Tough to put any number on it.

    Pick the new car model you want. Go to a couple of dealers who carry that model and see what they think it's worth. Personally? I'd get the bumper fixed and get it all shined up real nice before doing that, though.
    2024 Kia EV6 GT-Line AWD Long Range
  • felke001felke001 Member Posts: 33
    Have a 2001 Nissan Pathfinder LE, in very good condition, no dings, fully serviced, relatively low miles (~40,000), planning on trading it in (or selling to Carmax) this fall.

    It only has one problem--the in dash 6-CD player stopped working about 6 mos ago (a known problem for this model--radio works fine). The dealer offered to replace the CD player for the predicted arm + leg (it is out of warranty).

    In terms of maximizing value, would it best to:

    1) Bite the bullet and get CD player replaced with factory model at the dealership prior to trying to trade it in somewhere else

    2) Put in aftermarket CD player--this would be cheaper than option 1, and probably a superior CD player, but I have heard that even high quality aftermarket products can lower the value of your car

    3) trade in/sell as is.

    Any thoughts from the gurus?

    Thanks
    Mike
  • volvomaxvolvomax Member Posts: 5,238
    I'd just sell it as is.

    You won't get recoup the dollars spent on fixing it on a trade.
  • volvomaxvolvomax Member Posts: 5,238
    If it is just cracked, there are places that will patch it and re-shoot it for not alot of money $100-200 in most cases. If it is badly broken, or has pieces missing this won't work.
    Maximum $$ will come from retailing it yourself.
    I don't know how many miles are on your ML but they aren't the best for resale. I think carmax tends to do best w/ newer cars.
  • corvettecorvette Member Posts: 11,272
    Probably leave it alone, but check out eBay to see if you can find a working OEM cd changer. For a hundred bucks or so, I'd consider replacing it before selling.
  • theflushtheflush Member Posts: 100
    If your conscious will let you, I doubt the dealer will even know if the CD player works if you don't tell them. Do most dealers have their own CDs available to test a potential trade-in CD player?
  • qbrozenqbrozen Member Posts: 33,735
    if you can't get it fixed as volvomax suggests, I would leave it alone. If its not all that unsightly, most people aren't going to pay to have it fixed, and I don't believe you're looking at a $1k hit for that damage if you trade or sell it. So, ultimately, it won't be worth it if you really have to pay that much.

    '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

  • 1racefan1racefan Member Posts: 932
    that I really don't need. It isn't worth very much, but would like to know what a "fair" price would be for me to sell it at.

    Here goes...

    '96 Chevy Corsica
    39,000 miles (the old addage of Grandma only driving it to church on Sunday is true) - I have all service records and can substantiate the low mileage.

    White exterior (still glossy, a few small chips, and maybe 4 small dings the size of a quarter - am going to detail it) / Grey cloth Interior (In pretty good shape, but I will steam clean the interior before selling)

    4cyl, automatic
    Power Locks, No power windows
    Rear window defogger
    Intermittent wipers
    A/C blows cold
    AM/FM Cassette
    New BFGoodrich tires with under 3,000 miles on them
    Oil has been changed every 3 months since new - in good mechanical shape

    Autotrader is showing prices for the same car with 60,000mi everywhere from $1,500 - $4,900 (couldn't find any listed with mileage as low as this one).

    I was thinking of asking $2,995, and cutting it loose around $1,500. Unfortunately, I don't need an extra car at the moment - otherwise I would use it for commuting to work. Obviously, this isn't a "hot" car, but with the mileage being low, and it being a 4cyl automatic (gas prices are high), I was hoping it might sell pretty quickly.

    Any thoughts on a fair asking/cut loose price? Is my $2,995 asking, $1,500 cut it loose price in the ballpark?
  • qbrozenqbrozen Member Posts: 33,735
    sounds pretty good to me.

    who wouldn't buy that for their first-time driver?

    uhhh... wait. just thought of something. Does that odometer show the hundred-thousand digit? If not, you may have a tough time convincing people its not 139k, regardless of how nice it may look.

    '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

  • 1racefan1racefan Member Posts: 932
    LOL - yeah, it does show the other digit, and it is at 0. Like I said, I do have all of the service paperwork (done at her local Chevy dealer) that substantiates it. One call to the service manager at that dealership would also back it up.

    I was hoping it would either sell to a first time driver, or to someone that owns a gas guzzler as a commuter car.
  • graphicguygraphicguy Member Posts: 14,120
    $3K used cars usually gets lots of play. I would have been all over it a few years ago when I was buying my son his first car.

    One as especially nice as this one sounds should sell quickly.
    2024 Kia EV6 GT-Line AWD Long Range
  • jlawrence01jlawrence01 Member Posts: 1,757
    My INITIAL reaction was to ask $3500 and take $2200. However, that would eliminate a lot of cash buyers and would take a lot longer to sell.

    I think that your approach is solid.

    I would make an offer BUT I have another 3-4 years left on my 1996.
  • corvettecorvette Member Posts: 11,272
    My vote is--you can probably get more than $1500. The market for older, extremely low mileage cars is very good. I don't know if cars like that are good candidates for eBay or not.
  • cccompsoncccompson Member Posts: 2,382
    I would price the car a bit higher and advertise the precise mileage as accurate. Folks go nuts for low miles and I wouldn't be surprised to see someone pay 3K (or more) for it.
  • geo9geo9 Member Posts: 735
    What a combo......4 cyl., auto, ice cold air, LOW miles.
    That car will sell like hotcakes for $3000 EASY !!!!!

    Too BAD it isn't a honda/yota tho.....Some sucker
    would pay TWICE that much for it !!!!!!!!!
  • jaserbjaserb Member Posts: 820
    So... has anyone here actually DRIVEN a '96 Corsica with the 4 banger / automatic combo? My brother had one. I borrowed it once. It actually made me angry what a lousy driver that car was. I agree it should pull $3k or so, but certainly not from me.

    -Jason
  • 1racefan1racefan Member Posts: 932
    "It actually made me angry what a lousy driver that car was."

    LOL - I drove it some this past Saturday (for the first time). It is what it is -and that is a cheap appliance to get from point A to point B. The handling wasn't too bad, but that may be due to the new BFGoodrich tires on it. My experience with BFGoodrich tires is that they are pretty grippy. The drivers seat wasn't too bad either - quite a bit of padding there. The engine was raspy, and the acceleration (or lack there of), was probably the worst part.

    She bought the car back in '96 with 10,000 miles on it (it was a demo). I think she paid a little over $7,000 for it at the time. Even if I get $2,000 for it now, $5,000 depreciation over 10 years aint bad.
  • graphicguygraphicguy Member Posts: 14,120
    As you say...."it is what it is"....a daily driver.....a trasportation appliance that has more years of usefulness for someone who needs trasportation....especially hard to find for $2K-$3K.

    It would be a great car for a first time driver (not fast, should get decent MPG), or someone who just needs basic trasnportation to commute.

    You wouldn't even need to carry a full load of insurance on it (liability only).
    2024 Kia EV6 GT-Line AWD Long Range
  • jlawrence01jlawrence01 Member Posts: 1,757
    I have the Oldmobile version of that car. 25 mpg. Almost no repairs in 120k miles. Lower repairs/maintenance than most of my newer fleet vehicles.

    Underpowered, certainly. But it gets the job done.

    And I hate Corsicas - even though I owned one before.

    My wife told me that I should buy it ...
  • 1racefan1racefan Member Posts: 932
    "It would be a great car for a first time driver (not fast, should get decent MPG), or someone who just needs basic trasnportation to commute."

    The car is still at her house (2 hours away). I left it there so it still appears there is someone living at the house. I hope to get it home, clean it up, and put it up for sale before school starts back up - maybe snag a new driver or a kid heading off to college.
  • jm1fdjm1fd Member Posts: 9
    Okay guys...I've located a New leftover 2005 Ram SRT-10 regular cab. No options other than what's included with the SRT-10 package. 56 miles on it. Black. What ya'll think its worth?
  • graphicguygraphicguy Member Posts: 14,120
    Don't know what it's worth, but Chrysler just announced they are discontinuing them. That should help in your negotiations.
    2024 Kia EV6 GT-Line AWD Long Range
  • 1racefan1racefan Member Posts: 932
    Or help the dealer....because now it will be a "collectors item". ;)
  • jm1fdjm1fd Member Posts: 9
    Or help the dealer....because now it will be a "collectors item".

    Hah! That one only works for books and Ferraris.
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