Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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I like Sterling myself... anyhoo, color combo works fine.
2000 Toyota Corolla CE 4 door sedan
1.8 liter with 4 speed auto
112,000 miles
Dark red exterior with taupe interior
Located in Central Ohio
Now the bad news - it is my wife's car, and she is not an attentive driver, so there are probably about 1,000 cups of cappachino tha has been spilled into the driver's side carpet - car has terrible cup holders. Also a lot of minor scratches in the paint on all sides of the car.
Oh yeah - in April 2004 had the engine replaced at 75,000 miles with a used 2001 engine with 40,000 miles - oil filter came loose and my wife drove it for about 12 miles with the engine oil light on before it locked up. (I love her, but she is not a mechanical kind of person). That was about 37,000 miles ago. A/C blows cold, and everything works on it.
I've seen crazy private party values of over $4,000. I've found an 06 Vibe with 14,000 miles for $13,900 that I'm thinking of replacing it with, though the wife wants a "cute ute" that sucks more gas than my Grand Marquis.
New pads and rotors all around a month or so ago, and will replace the tires within the next couple of weeks either way. Also, the cassette player doesn't work, and one of the gauge lightbulbs is burned out, but only the Toyota dealership carries them - haven't made it over there yet to replace it.
Thanks,
If this car was clean, and from the sounds of it that might mean you cleaned it, it would be worth, as a trade, $3k+.
Here's what ya do. Get it detailed and buffed. Make it shine like a diamond. Have the carpets and seats shampooed. Spend the $100 and get $500 back. Now, I have no idea how bad these scratches are.. if they require painting, you could have a $2k unit here. If they buff out, you might be OK.. feel free to post some pics.
So throw it in the Autotraderpapercraigslist for $4,700/bo and sell it.
Corollas do hold their value well.
Also, Vibe what? GT? AWD? Even if it's a base FWD.. $13,900 is a good price for it with miles that low, just get your wife some seat covers and some of them rubber floormats
Also, a well cared for Lexus with 100k on it is nothing. My usual daily driver is a car with a pretty exotic engine (BMW M5) and pushing 190,000 miles.. I still shift it at 7,000+ all the time and drive it like I stole it (I did, I got a heck of a deal on it). Heck, my 525i Wagon has 195k on it, my 740i has 155k, my 740iL has 148k, my 635 has 150k and my 735iL has 268k.. finally lost a trans in that tho.
Then the 06 Caddy has 19k but that doesn't count
Year/Make/Model: 07 Subaru WRX Limited
Body Style: 4 dr sedan
Engine: 2.5L 4 cyl, 5 speed manual
Driveline: AWD
Mileage: 4900
Color: Grey exterior and interior
Major Options: Leather, heated seats/mirrors, sunfoof
Condition:
Mint condition, no dents, scratches, etc.
Tires - new/minimal wear
Routine maintenance to date, no warranty claims
Ok, I know I am probably asking to get fleeced by even considering trading this car in, but I feel it may be time to move on already. I purchased it in March of this year. Have driven it on and off since then.
The manual trans and/or the seat in this car have been aggravating a back injury I suffered this summer, making it painful to drive. Even on days I feel well, after driving the car my back gets sore and tightens up. I have tried adjusting the seat and controls, using an additional cushion for support, etc, and it just doesn't seem to help. I suspect it is the constant pressure needed on the clutch in shifting that is doing it. My patience is just about at an end.
However, I know a trade is going to mean a good deal of depreciation I am going to have to eat, and I was just curious if I could get an idea on what that is. This site gives me a trade value of around $24.4K. Other sites do not list this car yet for comparison purposes.
Any idea what I could reasonably expect on trade on this? (PS, no worries about being upside down on the loan, I own it outright). Thx!
Need input.. if it's an STi, the thing's worth a hell of a lot more than $24,400.. gimme some more info and we go from there.
Straight WRX.. Maybe $22-23k.. STi? More.... MUCH more. I know a guy who buys dozens of these, I can call him. Probably a private sale car anyways tho.
02-03 WRX seats are much loved, if you go seat shopping.
Prolly better to do a private sale... oughta get within $3k of whatever market is on a new one.
The 740iL is an E38, or E32? Did'ja ever see that odd movie with Ackroyd & Demi Moore where they go on a road trip in his 7-series, E23 I'm pretty sure, black on black. I've never figured out which was sexier, his gorgeous E23, or Demi Moore in that film.
(Sorry, I'm getting a bit OT again......)
740iL is an E38, 740i is an E32 and in the midst of a 6-speed swap. No idea on the movie.. anyone know?
Oh, and let's not forget the cameo appearance/rap video by ... ohhhh... darn... what was his name. The one who wore the fake nose. His big song was Humpty-hump, IIRC. I'm usually pretty good at this '80s trivia stuff.
'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
Don't think I want to put used seats into a new car... especially cloth into a leather car. I am not convinced the seat is the actual problem anyway... if it was, added back support would have solved it.
Thanks for the info folks! Might see what I can do anyway. Certainly don't have to sign anything I don't like.
Now stop what ya doin'
'cause I'm about to ruin
the image and the style that you're used to
I look funny
But yo, I'm makin' money you see
It's your world I hope you're ready for me
Loved that song.
OK, now what's the movie cause now I want to rent it! And this is purely because I want to see used BMWs to help me appraise their values, to bring this back on topic.
Buddy of mine just bought a 1987 L7 for $6500. under 75k miles and showroom condition tho...
Corollas DO hold their value! You'll never have trouble selling a Corolla if you price it even halfway reasonably.
I think it was a stretch, but his logic was... a) It's in showroom condition, and we had it on the lift.. I could find nothing wrong with it, and that might be a first...
and b) $6,500 isn't a lot of money in the grand scheme of things.
well, i had the name of the one I was thinking of correct:
Nothing But Trouble.
Whether or not that has a bimmer in it, I couldn't tell ya.
'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
For one thing, a 20 year old car should not, in my opinion, be using mileage formulas for pricing, because after 20 years, low miles can hurt you as much as help you. But you do get bragging rights, if you want to pay a premium for THAT.
I find the purchase of an ultra low miles 20+ years car as a two-edged sword. If you paid for the low miles, you don't want to drive the car and devalue the very thing you paid for...on the other hand, why keep an L7 in your garage---it's not a show car or a collectible.
But some of the talk about people paying huge premiums for Euro-spec 20 y.o. "M"'s, or Alpinas.....I dunno. When the price gets close to the point when you could buy a brand new 335i instead, I don't get it, but then if you've got the Big Bucks......???
Then there's the functionality of a 20 y.o. bmw or benze compared to even a 5-10 y.o. one. Objectively, in almost every way, my plain-vanilla auto E39 blows away my departed E24.
OTOH, people don't stop me on the street to ogle & talk about my E39. But personally, I love having 6 air bags & superb A/C, etc.....
The Alpinas, Hartge, and classic M cars are their own little beasts.. I mean, I've had an E39 M5, I like my E28 from a fun-to-drive perspective FAR better... it's much more visceral.
Correct 1980s Tuner BMWs are also very rare, very fast and highly coveted, particularly over here where few came over and not many have survived in mint condition. Euro M cars, particularly the E28 M5s are also big bucks.. the Euro M5s because of their rarity, 581 LHD Euro M5s were made, about 350-400 survive, if that, and there's perhaps 15 in America.
I'm glad I am not the only one that doesn't know an E39 from a B52. Is there a BMW-for-dummies guide out there that translates these numbers into something recognizable?
Sorry guys...
http://www.bmwworld.com/repairs/codes/vehicles.htm
That will explain it. Basically, BMW uses "E Codes" to identify chassis generations.
Example, 1st 5 series was the E12, made from '72-81. It was replaced by the 82-88 E28, which was replaced by the 89-95 E34, then the 97-03 E39 and now the current 5 series is the E60 and the Wagon is the E61. Until the current crop of cars, the E code was the same whether sedan, coupe, wagon, convertible, hatchback, long or short wheelbase.
BMW people commonly refer to cars by their E numbers.. Like I say I have an E28 M5, which in America is a 1988 M5. An E34 M5 in America is a 91-93 M5 and an E39 M5 in America is an 00-03.
Hope this helps!
Bill
Front Drive
Like new in every way
Lt Blue
Factory DVD
43K
Trading at Toyota dealer - current Touota Lease Payoff is $22400
I've been driving her Corolla this week as she took my car on a 700 miles trip to visit her Mother for a week. Last Saturday I took everything out of the car and swept it from front to back - found receipts in the crack where the rear seat folds from the year 2000! I also washed it.
None of the scratches are deep - it's just the paint is thin, so the white primer shows through any kind of scratch. No rust in any of the scratches that I found, but the paint on the roof is starting to discolor a little bit as well.
The Vibe I found is a 2006 Base with the power package and automatic transmission, located at a dealer out in the sticks - pick up and SUV country. I have not yet seen it in person. I know it is basically a Corolla wagon on stilts, but we already have a road trip car, so why buy something that sucks gas just to be "stylish"?
But if you're talking emotional buy, hobby, "just because", that's fine...it's just not a price that makes sense to an appraiser, even if it had 20,000 miles on it. It's not like it was a 635 CSi. Big diff.
I'd say $4,000 is top dollar for it.
The guy is a good client of mine and likes older BMWs... he's got piles and piles of money and just likes em. His logic was that this L7 cost less than the motor swap on his 95 M3, so it's only $6500 in the grand scheme of things.. less than 1/2 the depreciation on the first day of ownership of a new 7!
The L7 is sharing a stable with some pretty amazing cars.. he has an M1, a 95 Euro M5 3.8 TOURING, 95 M3 track car with a 96+ engine that I put together for him... 240hp to the wheels instead of to the crank.. and some other fun stuff.
He always wanted a 1st generation 7, he's in his mid 40s and apparently when he first was in law school one of his professors had a new L7 and he fell in love with it back then and always had a soft spot for em, problem is, as you know, they are now worthless and a nice one is a real rarity.
If I had $6,500 to spend on a 1980s BMW... it would be a 1988 635csi 5-speed, maybe an 88 M5 with reasonable needs MIGHT be doable but tough.. or a damn near show quality 535is... not an ancient 7 but we all want what we want.
No, I would not have spent $6k on an E23 either.. I'm with ya but the guy wanted it.. soooooo....
Gotta say, though, that BMW 7-Series cars have some scary depreciation rates. Ever price out a 1998 750iL as compared to original MSRP?
Yikes!
He leased it for 36mos/10k miles/yr and all of a sudden he got transferred.. no longer worked 2 miles from home. He was a year or so into the lease and had like 40k on the car. If I recall best bid we got was $60k on the car and his payoff was 6 figures :surprise:
And the E23s are great cars, I have one customer with 3 of them and he's willing to pay to keep them working. Stop laughing yet? OK! Aside from the HVAC nightmare.. they are really good cars, just worth as much as used beer, that's all.
THe car being parked in my driveway has NOTHING to do with that :shades:
Location: Dallas, TX
Year/Make/Model: 2000/ISUZU/Rodeo
Body Style: 4dr
Engine: [3.0 liter, 6 cylinder, auto]
Driveline: [4WD]
Mileage: 57500
Color: [exterior: Silver/interior: Grey Leather]
Major Options: [alloys, sun roof, Hitch, Side Step, 6 cd changer, etc.]
Condition:
Normal wearouts. Small dings and scratches here and there, but not noticeable.
Tires - 6 months old Michelin
Brakes - changes the pad about a year ago.
Maintenance - oil change for every 3000 miles.
Other: No major/minor accident
KBB says that it has about $7500 trade in while Edmunds suggests around $5700. A dealer is willing to pay for $6000.
Should I take the offer from the dealer?
Can I get around $7000? Thanks in advance.
Well I'd think $5500-6k on this one.. $6,000 is strong wholesale money. KBB is smoking something as usual. Miles are low, color is nice, she's loaded..etc but it's an 8 year old vehicle as well.
$7-8k is doable, but only on a private sale tho.
Like the Eagles said.. "take the money and run"
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Got Springsteen tickets ready to order tomorrow tho!
Year/Make/Model: 2007 Nissan Altima 2.5SL
Body Style: 4 dr
Engine: 2.5 Automatic cvt
Driveline: fwd
Mileage: 17600
Color: Majestic blue metallic/blonde leather
Major Options: alloys, leather, heated seats, sun roof, etc
Condition:
Very good condition.. surface scrape from snow scraper
Tires and brakes in like new condition. Only had the car since December
Trading in for a 2007 Nissan Maxima 3.5 SL.. any help is appreciated.
2002 Toyota Sequoia SR5 V8 4.7L 4WD
78,500 miles
Gray exterior, gray cloth
Std Equipment plus:
Dual AC
Alloy Wheels, Tow Hitch, Running Boards
Dual Power Seats
Heated Mirrors, Garage Door Opener, Trip Computer
Roof Rack
Standard Airbags plus Driver and Passenger Curtain and Side
Keyless Entry
Fog Lights, Daytime Running Lights
Edit: Overall, the condition is appropriate for a 6 year old car and nothing would likely be an issue if it were a lease turn-in.
The numbers I am getting from dealers are nowhere near what I think they should be. My truck was involved in a low speed accident two years ago without airbag deployment. The passenger center pillar and both passenger doors were replaced with OEM parts and the bill for the other insurance company was $5000.
The Carfax report is totally clean with "No Issues" on frame damage or accident report; I am telling everyone up front about the accident. My title is clear.
Edmunds TMV is $15,200 Good and $13,050 Average. KBB is $13,700 Good and $12,000 Fair. I have been offered $5000, $10,000, and "low 12's" from dealers. The one who actually inspected the car came in at $10,000. Am I getting teed up or does this accident hurt my trade in value this much?
I have been telling dealers that Edmunds TMV is based on Manheim auction prices, but they are unmoved!
Hey, you the guy from the radio? I figured you for a Maybach.. oh well.
OK.. your Altima is kind of a tough one. I mean, A regular 2.5S with those miles is a $15/15,500 car or so, maybe 16 on a stretch, but your car is loaded.. my data doesn't show a big premium for the car.. the killer is the miles, 17,600 is a lot for an 07, even if you got it last June.
I'm gonna say that I think you can be in the 17 neighborhood but dont get shocked by bids in the 16s.. it's a loaded 4cyl, the market on loaded Altimas is in the 6 cyls..
Post back, I'm curious to see what ya get for it.