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Real-World Trade-In Values

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Comments

  • volvomaxvolvomax Member Posts: 5,238
    First, I'd go find out if it is for sale and what exactly it is before you worry about what to offer.
  • volvomaxvolvomax Member Posts: 5,238
    SAAB's are hard to trade for.
    Car's probably only worth $3-4,000 to a dealer.
    I'd try and sell it privately.
  • volvomaxvolvomax Member Posts: 5,238
    "Above Average" you are looking $18-19,000
    These cars have mileage in the teens.

    30k cars are running in the $15-16k territory.
  • volvomaxvolvomax Member Posts: 5,238
    Wholesale is @ $6,000

    I'd ask around $10,000 for starters.
    Say $9995 OBO.
  • volvomaxvolvomax Member Posts: 5,238
    Today, it's probably worth @ $11,000
    In August, who knows.
  • dashbbdashbb Member Posts: 119
    According to Manheim MMR
    Above $13,600
    Average $11,800
    Below $10,000
    ...for 43,000 miles.
  • carguycacarguyca Member Posts: 7
    why are saab's so hard to trade in? why are they not worth much to the dealer? what could you expect from a private party sale?
  • dogsonboarddogsonboard Member Posts: 23
    My research suggests $10-11K trade-in, $11-13 private party retail. Thoughts?

    Seattle, WA
    2004 Infiniti i35
    Only owner
    4dr, 6 cyl, automatic
    RWD
    51,000 miles
    Excellent condition in and out
    Tires 50% worn
    No accidents
  • dogsonboarddogsonboard Member Posts: 23
    Am hearing from dealers that it's a "down market" for used-car sales. One even showed me a trade-in value sheet with $1K deducted for "market down."

    Is this likely the negotiating ploy I believe it to be -- or are used cars not moving?

    Location: Seattle, WA 'burbs
  • mjfloyd1mjfloyd1 Member Posts: 3,806
    Wow, great link!
  • explorerx4explorerx4 Member Posts: 20,723
    that makes sense, i was just hoping to get a ball park, rather than ask them, then when they mention a price, say 'um, i will have to get back to you'.
    2024 Ford F-150 STX, 2023 Ford Explorer ST, 91 Mustang GT vert
  • brandoshidobrandoshido Member Posts: 10
    right on the money. they offered 17500
  • robbiegrobbieg Member Posts: 350
    I am not an expert but I think the reliability of Saabs kills their resale. Then again some people love them.
  • camatt1camatt1 Member Posts: 8
    I have a '2007, Ford Explorer (4WD) Eddie Bauer with 20,000 miles on it and
    wondered what the ACTUAL REAL WORLD TRADE-IN VALUE is to a Dealership,
    such as Ford might be? The vehicle condition is excellant and maintenance records
    are available and have been regular as required.

    Does anyone have any recent experience?
  • woodywwwoodyww Member Posts: 1,806
    why are saab's so hard to trade in? why are they not worth much to the dealer?

    This is an old, old story: poor resale value of saabs--if people look at the repair records on CR, they get turned off. And no warranty left?

    But yours has really low miles. I'm not an expert, but I'd say take good pics, & put it on CL, maybe ebay? etc. for......$5495-ish?. The low miles could sell it for someone with $5-$6K to spend.....
  • jam1000jam1000 Member Posts: 182
    Location: Washington, DC metro area
    Year/Make/Model: 2008 Honda Accord
    Body Style: 4 door sedan
    Engine: 3.5 liter, V6, auto
    Driveline: FWD
    Mileage: approx. 9,000
    Color: Dark gray ext., gray int.
    Major Options: sunroof, alloys [these are not options, but were part of the base package]; added accessories include wheel locks, trunk tray, and splash guards
    Condition: very good (no dents/dings, clean, no smoking, etc.)

    Thanks!
  • mikefm58mikefm58 Member Posts: 2,882
    Read the orange sentences at the bottom of this page.
  • cccompsoncccompson Member Posts: 2,382
    Those numbers are about right. These are really fine FWD cars that don't get their proper due.

    On your other question - from what I can see (and I'm not a dealer), the market is in fact slow as people are, rightly, scared at present.
  • delthekingdeltheking Member Posts: 1,152
    I need some info on this vehicle.I want to sell it b`cos my wife wanted a hybrid.It is almost brand new with just 490 miles.
    Location: Texas
    Year/Make/Model: 2007 Honda Odyssey-LX-Base model
    Body Style:4dr minivan
    Engine: [3.5 liter, 4, auto]
    Driveline: [FWD]
    Mileage:490
    Color: [grey/grey]
    Major Options: [ABS,ESCincluded in the model.]
    Condition:
    Immaculate exterior and interior[[Almost new--only 490 miles]
    Tires - new original factory tires
    I need to sell it to a dealer,,so that he pays me by a check for the whole amount.
    Thanks.
  • camatt1camatt1 Member Posts: 8
    These are the details for my TRADE IN VALUE REQUEST in our '07 Ford Explorer
    "Eddie Bauer" Model.
    Location: Cleveland, Ohio area
    Vehicle: '07 Ford Explorer "Eddie Bauer" (4WD)
    Current Mileage: 20,000 mi
    Engine: 4.6L V8
    Transmission: automatic (4WD)
    Extra: Tow Package
    Exterior Color: Blue
    Interior Leather: Grey
    Maintenance: Regular Scheduled @ Dealership
    Brakes: Good
    Condition "Ext": Good (Hand washed regularly)
    Condition "Int": Very Good (no children/pets)
    Insurance Claims: No accidents/dents etc...

    I hope this is helpful in obtaining the REAL WORLD TRADE-IN
    VALUE as it seems Dealerships are very "soft" on what they'll
    give you even a well maintained SUV such as mine!
  • volvomaxvolvomax Member Posts: 5,238
    You are probably closer to $10k than $11k on a trade.
  • volvomaxvolvomax Member Posts: 5,238
    Dealerships are "soft" for a reason my friend.
    People are willing to buy SUV's but the price has to be right.
    Especially on domestic SUV's.

    Your truck should bring @ $16,000 on a trade.
  • volvomaxvolvomax Member Posts: 5,238
    Not only the repair history, but the fact that there is a very very limited market for SAAB's in general.
    Few dealers and few retail buyers make for a weak market for the car.
    One reason Honda's and Toyota's do well is because you have widespread interest in the product. Both at the dealer and customer level.
  • volvomaxvolvomax Member Posts: 5,238
    Car should bring somewhere @ $20,000
  • volvomaxvolvomax Member Posts: 5,238
    Private buyers don't pay the full amount w/ a check????

    A dealer will probably be in the $15-16,000 range on this car.

    Why the suddden urge for a Hybrid?
  • qbrozenqbrozen Member Posts: 33,736
    what are dealers offering you?

    '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

  • camatt1camatt1 Member Posts: 8
    I have not actually gotten to that point of "negotiating" with them
    but I've heard that auction commitment levels on these type SUV's
    have taken a "nose dive," so I've kinda been expecting the worse-
    case-scenario,.....possibly no more than $14-$15K,....but I have
    no basis/facts for that.

    I'm noticing lots of Explorers for sale, both '06/'07 and many are priced
    in the $15-$20K range with less than 30,000 miles, however many
    are 6 cylindar and I was hoping the 8 cylindar might bring in a
    little more. On used SUV's dealers try to make as much as
    $3-$5K per sale so that leaves a lot of room for their real buy-price
    to be much lower at auction, thus trade-in will be impacted too.

    My feeling is the Trade-In offer from a Dealer will be at/near what the
    Auction Prices are at present and I know Dealership Lots are loaded
    with "repos," therefore auction prices are likely cratering,....but I'm
    just guessing.

    All I'm looking for is some current advice based on something that
    happened recently with someone else trading in a low mileage '07
    V8 Ford Explorer "Eddie Bauer (4WD).
  • dogsonboarddogsonboard Member Posts: 23
    You are probably closer to $10k than $11k on a trade.

    Can you say why you think this is so?
  • mjfloyd1mjfloyd1 Member Posts: 3,806
    He's looking up Manheim auction numbers. Without seeing the vehicle, most need some reconditioning and people, myself included, overestimate the condition of their vehicle interior and exterior, tires, brakes,...
  • pgm17pgm17 Member Posts: 51
    Location: Miami, FL
    Year/Make/Model: 2007 Honda Accord
    Body Style: Sedan
    Engine: 3.0 liter, 6 cylinder, auto
    Driveline: FWD
    Mileage: 15,200
    Color: Silver/Gray
    Major Options: EX-L V6 model, all options except navigation
    Condition:
    Interior - above average, clean, no stains/odors, leather intact
    Exterior - average, hand washed, waxed yearly, small front bumper scratch from shopping cart
    Tires - about 60% tread remain, recently rebalanced
    Brakes - smooth, no wear indicators, unknown remaining
    Maintenance - diy maintenance using mobil1 per maintenance minder
    Other:
    drivers door repaired after valet parking damaged top corner of frame
    rear body repaired after moderate rear-end impact
    both repairs at professional body shop, paint matches, no drips, no frame damage in either
  • denverg35denverg35 Member Posts: 54
    Could you provide the appx resale value? Just found this forum thread, really appreciate you taking the time to help us out.

    Tom

    Location: Denver
    Year/Make/Model: 2005 S4 Sedan
    Body Style: 4dr
    Engine: 4.2 V8 auto
    Driveline: [AWD]
    Mileage:51,000
    Color: [black exterior/silver leather interior]
    Major Options: sunroof incl, premium package, bose stereo, rear window shades
    Condition:
    Details of interior and exterior: Near new, garaged, one person vehicle (other 3 seats rarely sat in), 1 small door ding
    Tires - New winter tires, 15,000 on summer tires
    Brakes: Replaced this summer
    Maintenance: all done, records available
    Other: One owner, Audi Certified, 2 year Audi warranty
  • volvomaxvolvomax Member Posts: 5,238
    Can you say why you think this is so?

    As someone said, I'm looking at the auction values.
    Even if a dealer isn't going to take the car to ayction, he'ss gonna look at the values there to make sure he isn't paying too much.
    Typically, a dealer want to be at auction price or less on a trade.
  • volvomaxvolvomax Member Posts: 5,238
    Unmolested, the car is worth between $15-16,000
    Depending on the Carfax and how noticeable the repair work is(ie, are the VIN stickers gone) you could see a drop of $1-3,000
  • volvomaxvolvomax Member Posts: 5,238
    Trade should be somewhere @ $16,000
  • delthekingdeltheking Member Posts: 1,152
    Original quote--"""I need some info on this vehicle.I want to sell it b`cos my wife wanted a hybrid.It is almost brand new with just 490 miles.
    Location: Texas
    Year/Make/Model: 2007 Honda Odyssey-LX-Base model
    Body Style:4dr minivan
    Engine: [3.5 liter, 4, auto]
    Driveline: [FWD]
    Mileage:490
    Color: [grey/grey]
    Major Options: [ABS,ESCincluded in the model.]
    Condition:
    Immaculate exterior and interior[[Almost new--only 490 miles]
    Tires - new original factory tires
    I need to sell it to a dealer,,so that he pays me by a check for the whole amount.
    Thanks. """"

    Sorry,,actually it is for my mom ,,not my wife.Sorry for the typo.
    The reason is--she finds the odyssey`s road noise really uncomfortable.On highways,,the cabin is very noisy compared to other minivans .Big time buyers remorse,I guess.
    She also said that--if a hybrid is not financially wise- she could trade in the odyssey for a Toyota sienna 2007 or 2008 with about less than 20000 miles.She finds the Sienna much more pleasant and comfortable.Is this an acceptable offer to dealers?An equal trade in-- a 2007/2208 Sienna with less than 20k miles for the 2007 2007 Honda odyssey-LX-with 490 miles.I also think that the Odyssey`s resale is better than the Sienna,,so this deal should be workable.So would dealers agree to this?
    Thanks for all the info here.
  • dogsonboarddogsonboard Member Posts: 23
    Thanks for the confirmation that auction values are what suggest this one's worth closer to $10K than $11K.

    Curious if folks have working Manheim MMR links to share (that don't require login) -- one that I saw here a few days back, that worked then, is now not working -- or any other car-auction links to share. Want to get a look at the info the dealers I'm working with might be using...
  • volvomaxvolvomax Member Posts: 5,238
    Manheim MMR is only available by subscription.
  • volvomaxvolvomax Member Posts: 5,238
    You MIGHT get lucky on an 07,although I think there wil be a small difference.
    You will pay some money for an 08.
  • delthekingdeltheking Member Posts: 1,152
    Hi,I got an offer of $19100 over the phone from a used car dealer.Probably I can try to negotiate it to 20k.He said they would pay the entire amount by check.Is this a good deal?should I take it?The offer is more than the edmunds/kbb value.thanks.
  • volvomaxvolvomax Member Posts: 5,238
    YES! Run, do not walk.
  • sebring95sebring95 Member Posts: 3,241
    I think you better take the $19,100 and not give him the chance to research values closer. Honda has huge rebates on the 2008 models and I've seen new '08 LX models at dealers for around $19,000. The '09 models can be bought for around $22,000 which means he's going to have to sell that '07 model for close to what '09's are going for?? Like I said, take it and run. Once the '08 models completely dry up you might do a little better on a private party sale but it won't be long before the '09 models have even bigger rebates.
  • denverg35denverg35 Member Posts: 54
    Thanks for the help--guess I will be sticking with the S4 for awhile longer!
  • jam1000jam1000 Member Posts: 182
    I would be interested to see whether the offer "over the phone" sticks when you get to the dealer.
  • ldl20ldl20 Member Posts: 10
    Northern NJ
    2004 Honda Odyssey Ex w/ Rear Entertainment System
    Standard V6
    42,000 miles
    What every Odyssey seems to come in: Silver
    No other options besides EX package and DVD sytem
    Clean interior with minor stains in the cargo area
    Outside is clean, except for a scrape near the power sliding door (common), and some nicks on the rear bumper
    Tires are 1,500 miles young
    Brakes, not sure, but no issues
    Routine maintenance done on the van
    No known accidents, but I am the 2nd owner-bought it certified through a Honda Dealer

    There's still a market out there for these, right? Gets good gas mileage for such a huge van. Toyota dealer offered to give me 11,000 for it, which I thought was a bit too low?

    Am I the wrong one? Any help is greatly appreciated.

    Thanks,
    Ldl20
  • kiamskiams Member Posts: 20
    What's the approx auction prices for this ride?

    Location: Boston, MA, North East
    Year/Make/Model: 2003 Jeep Wrangler Rubicon
    Body Style: 2dr, Hard Top (w/ factory soft top avail)
    Engine: 4.0 liter, 6 cylinder, manual
    Driveline: RWD/4WD
    Mileage:72000
    Color: Red exterior/ Biege interior
    Major Options: A/C, cruise, ABS, CD/MP3 player, factory alloys, Hard Top, Warn 9000lbs Winch
    Condition:
    Zero dings, Southern car (first winter ever in 2009).
    Tires - 20 % worn street tires
    Brakes - Excellent
    Maintenance: Full service records, oil changes etc
  • mlacombemlacombe Member Posts: 10
    Thanks for the help.

    I want to buy a 2008 dakota crew cab with 10,000 miles, auto, v6, rental or 'program' car.

    I want to sell a 2002 ford ranger with 80000 miles 4.0L v6, auto, air. This truck has some scratches on body panels.
  • mlacombemlacombe Member Posts: 10
    want to buy...
    louisiana
    2008 dodge dakota
    crew cab
    3.7 v6
    10000
    auto, air

    want to sell
    louisiana
    2002 ford ranger
    4 door
    4.0l v6
    80000
    auto, air
    exterior scratches on body panels
  • volvomaxvolvomax Member Posts: 5,238
    $11,000 is ALL the money.
  • volvomaxvolvomax Member Posts: 5,238
    Jeep should bring $8-9,000 at the sale.
  • pgm17pgm17 Member Posts: 51
    Thanks for the reply. I'm shooting for $15,250 at trade-in time. :shades:
    *fingers crossed*
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