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Real-World Trade-In Values

16986997017037041100

Comments

  • imidazol97imidazol97 Member Posts: 27,671
    Dayton, Ohio
    2003 Subaru Outback
    Wagon
    2.5 4-cylinder, automatic
    AWD
    127000 miles
    Green exterior, tan interior
    roof rack, alloy wheels
    Interior clean but used
    Exterior one hand-sized dent at beltline on front fender
    Tires new within year and look new
    Brakes 2 years old
    Maintenance has been kept up, problem with axle seal repaired

    2014 Malibu 2LT, 2015 Cruze 2LT,

  • carjunkicarjunki Member Posts: 6
    Thanks again Volvomax. With your confirmation I actually did the deal yesterday and now I have a beautiful L-GT. Negotiated $9700. for my Forester and bought the Legacy GT for 23,500. What a beautiful Subie for the price.

    Thanks again for your help Volvomax and all have a great holiday weekend.
  • volvomaxvolvomax Member Posts: 5,238
    Congratulations!
  • volvomaxvolvomax Member Posts: 5,238
    Wow thats a bunch of miles!
    Realistically, you have a $3-4,000 wagon.
  • bretfrazbretfraz Member Posts: 2,021
    Thanks, pard! I'll pass on the word. Careful with those fireworks, have a great weekend and sell lots of cars, will ya?
  • quick2k2ecotecquick2k2ecotec Member Posts: 12
    Volvo, could you please est. private party sale:

    Beachwood, OH
    2001 Honda Civic EX
    Sedan
    4 cyl
    FWD
    84,000 miles
    Silver ext, Grey int.
    Power everything, sun roof
    Good condition throughout
  • volvomaxvolvomax Member Posts: 5,238
    Somewhere @ $8,000
  • quick2k2ecotecquick2k2ecotec Member Posts: 12
    Hello, again, volvo... thanks for the reply. I have another one I'm interested in:

    This is from a Honda dealership, which includes a 30 day or 3k mile warranty
    New Castle, PA
    1999 Honda Civic LX
    4 door Sedan
    4 cylinder
    Automatic
    FWD
    69,527 miles
    Light Blue exterior; Gray interior
    Just an FM/AM stereo (NO tape or CD player)
    Plain Jane as far as I can tell (no major options)
    I have not seen it in person... appears to be in clean condition

    They're asking $9999 or best offer
    Edmunds clean dealer retail price $6073
    Kbb "excellent" suggested retail value $8,100 (<5% of vehicles fall into this category - I doubt a '99 is in excellent condition)

    I talked to a salesperson, who said he looked it up on kbb and shows the price to be in the 8k region. He also said he would be looking to get closer the $9000 for this Civic. Likely because they have no trouble selling Civics now, especially due to gas prices.

    Think he'd go lower? I'd like to think so.

    What's a fair offer?
  • mazda6dudemazda6dude Member Posts: 283
    Location: Roseville, CA
    2008 Honda Accord LX automatic
    4 door sedan
    2.4 Liter 5 speed automatic
    8,000 miles
    Exterior Color: Gray
    Interior Color: Charcoal
    Condition: Excellent
  • ateixeiraateixeira Member Posts: 72,587
    I agree with max, miles is your problem.

    For reference, I sold a Legacy L, 2002, with only 61k miles, in similar condition. Dealer offered $5300 but I sold it private party for $7950, which was all the money.

    Try private party but that mileage is gonna turn buyers away. Here's a tip: mention something about "Perfect replacement for that gas guzzling SUV" in the ad, that worked for me. Fuel economy is first in the minds of a lot of buyers right now.
  • volvomaxvolvomax Member Posts: 5,238
    I don't think "fair" is gonna enter into the equation here.
    Right now, small cars are bringing stupid money.
    This car ought to trade for @ $4,000 and retail for $6,000
    I think $9k is a real stretch, but I have no doubt that someone would pay over $7k for it.
  • vehix123vehix123 Member Posts: 1
    Hi All,
    New to this board. Just wondering if anyone has any thoughts as to a "real world" trade-in offer for the following:

    I own a 2002 Ford Escape XLT 2WD 4D White 64K miles w/ running boards and roof rack (purchased/used Northern NJ) - no accidents. I have all service records on the vehicle and consider it to be in "good" condition. Any and all comments would be greatly appreciated. Thanks.
  • qbrozenqbrozen Member Posts: 33,733
    In NJ, you are probably in the $5k-$5500 range, depending on how it looks in person.

    '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

  • sinistermindsinistermind Member Posts: 12
    I'm looking into buying my wife a new car. What does her current car fetch? KBB tells me $7k.

    Location: Northern NJ
    2003 Pontiac Vibe
    FWD Wagon
    1.8L 4cyl auto transmission
    65k miles
    Alloy wheels
    Tires have plenty of tread left.
    It easily qualifies for Good rating on KBB.com
  • vinster29vinster29 Member Posts: 23
    I am planning on trading in my 99 Lexus RX300 FWD. It has 107,100 miles and has a sunroof, leather, custom wood trim kit, custom spoiler, 6 cd changer, and roof rack. The tires are new with plenty of tread life left in them. The interior is immaculate and the exterior is in good condition as well. How much do you think I will get for this vehicle on trade-in.
  • quick2k2ecotecquick2k2ecotec Member Posts: 12
    volvo... how about this one...

    Private Party seller... has been on the market for roughly 1 month.
    Columbiana, Ohio
    2000 Honda Accord EX
    4 door sedan
    V6 engine
    FWD
    123,000 (claims to be mostly highway as was used as a business car for this man for a few years)
    Gray exterior, leather interior (unsure of color)
    Sunroof, CD
    Looks to be in good condition.
    Timing belt was replaced
    Brakes are "new" - unsure just how new now

    Asking $6500 or best offer.

    I am viewing this car Thursday. If it checks out, I'd like to know what a "or best offer" would be.

    $6000? $5900?
  • cccompsoncccompson Member Posts: 2,382
    Oh, it might bring that on trade (6 is more likely) but should net significantly more privately. Stick on it craigslist for 9 with some good pics and it should be promptly gone.
  • cccompsoncccompson Member Posts: 2,382
    Examine this vehicle with great care. The fact that it's still for sale after a month at such a price in the current market suggests that it has issues apart from the mileage.

    No doubt he hopes to realize 6 so start lower ($5500 or less) and come up as needed.
  • turboshadowturboshadow Member Posts: 338
    Want to buy:
    2006 Scion xA
    33,700 miles
    Flint Mica
    Manual
    no options

    Trading:
    2002 Nissan Sentra GXE
    60,100 miles
    Silver
    Manual
    No options
    Paint peeling on hood, other than that, no issues

    Please give values on both.

    TIA

    Turboshadow
  • volvomaxvolvomax Member Posts: 5,238
    Avg auction on the Scion is @ $10,000
    Wouldn't be surprised if the dealer wanted $15,000 for it though.

    Sentra would prob bring @ $4,000 on trade.
  • turboshadowturboshadow Member Posts: 338
    Wouldn't be surprised if the dealer wanted $15,000 for it though.

    They are asking 11,8. I forgot that the location is Columbia SC....sorry. That and the fact that it is a stick probably keep the price low.

    4K was about what I was thinking on the Sentra.
  • vinster29vinster29 Member Posts: 23
    Tampa, FL
    1999 Lexus RX300 FWD
    107,100
    Dark Green/ Beige
    Options: Moonroof, leather, Roof rack, Spoiler, Custom wood trim kit,
    Condition: Overall the exterior is in good condition, minor scratches on the bumper
    Interior is in excellent condition some wear on the driver's leather seat
    Tire: 20% worn, 80% tread life remains
    Brakes are in good condition, all service records kept
    I plan on trading this vehicle in for a hybrid and I would like to know how much it is selling for at auction. Thanks.
  • volvomaxvolvomax Member Posts: 5,238
    $11,800 for the Scion is pretty good.
    Car would go for a lot more in L.A.
  • volvomaxvolvomax Member Posts: 5,238
    Avg auction is $7-8,000
  • oacoac Member Posts: 1,594
    Looking to sell my LX470, and will appreciate what I should expect from private party sale or dealer trade-in...

    2003 LX470
    74,500 miles
    Sand Dollar Pearl/tan (off-white exterior color)
    Nav, ML, DVD, HIDs
    6-CD, 3rd row, roof rack
    18" on Michelins, with 75% tread life left, new brakes
    All maintainance performed to date
    Car is in excellent condition inside-n-outside, no dings, no scrapes, no blemish

    Located: San Diego, CA

    Edmunds TMV says ca. $28K; NADA says $33K, and KBB says $32K all for good condition.

    I listed it on Autotrader for $28K, but have received 2 calls both offering $26K. I see dealer-listed for same year and mileage and features for $32-36K.... Should I expect more than $26K or is that all the money for private sale???

    Thanks guys
  • qbrozenqbrozen Member Posts: 33,733
    Well, your on the west coast, so vmax can probably give you more accurate numbers, but on the east coast, that beast is worth around $23k wholesale. So $26k private party would be more than fair.

    '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

  • oacoac Member Posts: 1,594
    Thanks, I suspect as much...
  • qbrozenqbrozen Member Posts: 33,733
    sorry for the early morning typo.
    make that "you're" instead of "your."
    yikes!

    '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

  • volvomaxvolvomax Member Posts: 5,238
    This is a hard truck to figure.
    Some have been going for stupid money at the auction.
    However, I suspect they are being exported.
    I think gbrozen is right, $23-24k seems to be right for trade.
    So, $26-27k is prob the money private party.
  • danbone111danbone111 Member Posts: 47
    Exporters generally tend to like the black ones....but what's really crazy about those trucks is that the value of yours with 75k is nearly the same as one with 125k....
  • corvettecorvette Member Posts: 11,270
    Aren't they generally exported to countries in the Middle East? Who wants a dark colored car out in the desert?!? :confuse:
  • gussguss Member Posts: 1,167
    My guess would be Russians are buying them. They need something to keep the a little warmer in Siberia.
  • woodywwwoodyww Member Posts: 1,806
    Or a vehicle with some kind of radiation-proofing if they live in Ukraine, or Belarus. Like when a salesman in the US tries to sell you "undercoating", or "paint protection"........."we can radiation-proof this vehicle for only $299.95!".....
  • volvomaxvolvomax Member Posts: 5,238
    Got to get bigger cupholders for the vodka bottles though. :P
  • oacoac Member Posts: 1,594
    Aren't they generally exported to countries in the Middle East? Who wants a dark colored car out in the desert?!?

    You are absolutely correct. One of the buyer plans to ship the truck to the Middle East, and he told me the color is the "perfect color" on a Lexus that fetches the most interest and money.

    Strangely, I have had 4 callers... each have made the exact same offer - $26,000. Two came with cold hard cash :sick: At this point I'm going with $26K, even tho' its a little lower than what I wanted. But $26K is $26K!!!!

    Thanks for all the help, guys... I am gonna need your help on my next post.
  • oacoac Member Posts: 1,594
    Hi volvomax and others...

    One of the guys who wants my LX470 also offered to buy my 1999 LS400. He offered $7,500. Below are details...

    1999 LS400
    Pearl white/tan
    134,xxx miles
    Loaded with Nav, HID, 6-CD changer, new tires, new brakes, oil changed every 5K miles. chrome wheels (AM)
    All scheduled maintainance done, water pump, etc... replaced at 90K miles
    Car drives like new (I know how tall the miles are, but these cars are unbelievably well built)... has been babied in terms of the drivetrain (I don't skimp on maintainance)... car interior is very clean, leather seats in great shape, everything works...

    Here are the bad...
    cracked windshield
    loose front turn signal (need to be replaced)
    scratches on bottom-part of front fender
    a slight dent on front passenger side around the turn signal

    Located: San Diego, CA.

    I want like $8.5K. Am I out of my mind? j/k.... is $7K offer I got all the money??? The same buyer wants the 2003 LX470 (see above), and his total offer for both (LS + LX) was $33,500 in cash....

    Good deal?
  • cccompsoncccompson Member Posts: 2,382
    Funny thing, I stumbled into such a situation just this past week. Went to look at a '99 GS400 with 92,000 miles being offered at $8500. It was a nice car but one side had been repainted (always troubling to me) and it needed tires. It turned out that the guy also had a '99 LX470 he wanted to sell (134K) and was asking $12,500. It was in great shape. Didn't have service records for either although he bought the one new and the other off a short-term lease. Claimed all maintenance was up to date and always done at Lexus.

    Asked about a package price (although I don't need both) and he said $18,000. Well, the GS is worth every penny of $7500 but with gas prices being what they are, it's hard to justify the LX even at $10,500.

    Anyway, my point is that if you can easily get rid of them both for fair money in the current market - do it and be done with it.
  • woodywwwoodyww Member Posts: 1,806
    I have had 4 callers... each have made the exact same offer - $26,000. Two came with cold hard cash

    You're saying people showed up with $26K, in folding, green, non-counterfeit American $$???? Did they seem legitimate? Given what people are saying about how so many of these are shipped overseas, it brings up a whole lot of questions.

    Usually I love--or insist on cash--when selling a used car. Just make sure the actual cash is legit--as is the buyer........
  • steine13steine13 Member Posts: 2,825
    That's a lot of lettuce... but I sold my nearly new Silverado work truck last year for about half that sum in cash.

    What I did was go to the treasury.gov web site -- I think that's the one -- and learn about the safety features in the money. By the time you've checked the water mark and the alignment of the microwriting on the safety strip, you can be pretty sure it's legit.

    $50s and $100s are pretty hard to counterfeit, compared to ten or fifteen years ago.

    -Mathias
  • oacoac Member Posts: 1,594
    You're saying people showed up with $26K, in folding, green, non-counterfeit American $$???? Did they seem legitimate? Given what people are saying about how so many of these are shipped overseas, it brings up a whole lot of questions.

    The car is definitely going overseas it seems. The number of interest has been astounding. It did catch me by surprise that a V8 truck will garner this much interest. At this point, I am giving it away for $26K and selling the LS400 for $7,500, and calling it awash.... The decision came down to the guy that wanted both cars, and he gets it. He is a very happy camper cos he is getting a darn good truck for cheap... The LS, well its got tall miles and getting real long in the tooth as well... Won't miss it.

    In replacement, I am buying a 2005 530i (loaded, sport, Xenons, Nav, etc) - wife's new ride and a 2002 A4 1.8T quattro (loaded, sport, Xenons, Bose, etc) - daughter's new ride.... Just gotta live a little.
  • imidazol97imidazol97 Member Posts: 27,671
    >Just make sure the actual cash is legit

    Meet at your bank and make a deposite. The cashier checks the bills with the ultraviolet light which makes something glow a certain color on some bills.

    >$50 and $100 are harder to counterfeit...

    I was in the bank months ago and the cashier showed me a note about large bills that pass the yellow pen test for paper authenticity. The people wash the color out of $5s and then print them as $100s. So the paper is authentic. But the other threads and other security features are wrong. I believe the threads are on different sides of the $5s and $100.

    I did a lot of reading then about counterfeits but have forgotten lots of what I learned. I occasionally run a concession stand for our nonprofit group at a ballpark and we take lots of $20s, and $50s and $100.

    2014 Malibu 2LT, 2015 Cruze 2LT,

  • woodywwwoodyww Member Posts: 1,806
    "Money talks, nobody walks". I'm guessing--from reading the sob stories on this board about the short $$ people are getting for their used American SUV's & P/U's--that you did really well, relatively, in selling a 5 y.o. V8 SUV with 74,500 miles.

    I am buying a 2005 530i (loaded, sport, Xenons, Nav, etc) - wife's new ride

    Lucky wife!! Enjoy it.....
  • Kirstie_HKirstie_H Administrator Posts: 11,242
    A reporter would like to speak with consumers who are thinking about trading in a gas-guzzler for a more fuel-efficient vehicle. If you are in the process of making this decision, please respond to jwahl@edmunds.com with your daytime contact information no later than Wednesday, July 16th.

    MODERATOR /ADMINISTRATOR
    Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
    2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
    Review your vehicle

  • sebring95sebring95 Member Posts: 3,241
    I can't wait to read this ground-breaking article. I think I'm going to start interviewing people at the dealerships:

    Question #1- How long do you think it will take you to recoup the $20,000 loss you just took by trading in an '08 Durango?

    #2- Is it possible you were braindead six months ago and didn't realize that a 14mpg 4x4 wasn't the best purchase at $3.25 gas?

    #3- I notice your new more fuel efficient Crossover is rated for 23mpg highway.....will you be trading that in a year if gas hits $5.00....?
  • imidazol97imidazol97 Member Posts: 27,671
    Are these articles published on Edmunds? I agree with sebring95, and I would like to read the resulting article!!! :)

    2014 Malibu 2LT, 2015 Cruze 2LT,

  • satfornsatforn Member Posts: 9
    Location: Southeast Pennsylvania - Philly Suburb
    2000 Acura 3.2 TL
    4 door sedan
    3.2 L V6
    FWD
    Miles: 120K
    Color: Laguna Green (greyish-light green)
    No major options added (only option you could add at the time was NAV)
    Condition: 1st owner; body in great shape; no dents, rust, garage kept and paint properly waxed/washed; brand new tires @ 110K; will need brakes in ~5-10K

    2001 Lexus RX300
    4 dr SUV
    3.0L
    AWD
    Miles: 110,000
    Color: Light Grey
    Options: moon roof, cross rails, wood interior bits, CD Changer
    Condition: Same as the TL...body in great shape
    Tires: will need new tires in about 10K
    Brakes: new @ 100K
    Maintenance: have followed manf suggested intervals to the "t"

    Would be curious to find out what trade-in and/or auction price would be...

    how bad is the market for SUVs like the RX these days??? *gulp*
  • volvomaxvolvomax Member Posts: 5,238
    Going by Manheim, $7500 is wholesale money.
    However, I don't know how hard it is to unload a 134k V8 Lexus right now.
    So, that $7500 offer may be the best you can do.
    If it's within a grand of where you want to be, I just might take it if I were you.
  • volvomaxvolvomax Member Posts: 5,238
    Bout $5 grand on the Acura, $8-9 grand on the Lexus.
  • satfornsatforn Member Posts: 9
    Thanks volvomax!!

    Both are running fine for now...the wife is itchin for a new(er) car though...lol
  • oacoac Member Posts: 1,594
    Thanks.... We'll just have to take what we can get and move on. Life's too short...
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