Real-World Trade-In Values

qbrozen

ehhh... was it CPO? If so, then, yeah, that sounds pretty good. Figure if that one with 3k fewer miles 5 mos ago was $40k, we're probably talking...? $38k now? Maybe even less, but let's shoot for the moon. That would put me at about $41k-$42k if I was buying it. Add maybe $2500-$3k for CPO and you'd be right there.

28firefighter

No CPO. These are not very plentiful in Seattle, let alone with the options he wanted. New in a 2014 he was looking at 51+ at several local dealers.

bigrin

Q., Please help. Have 2002 GMC Envoy, SLT, Loaded, 128K miles. Really is in excellent condition with new everything underneath (shocks, struts,etc., etc.). Any idea of total out value from Insurance Co. Got caught up in one of our Michigan floods a week ago. AAA wants to total it out. Thanks for your assistance.

qbrozen

Not much, I'm afraid. I'm assuming it is AWD. They should be paying you replacement value, right? Trade value is only $2k-$3k, depending. So figure for a nice one, you'd have to pay like $6k-$7k retail. That's the number I'd be looking for, at least.

Michaell

@bigrin said:
Q., Please help. Have 2002 GMC Envoy, SLT, Loaded, 128K miles. Really is in excellent condition with new everything underneath (shocks, struts,etc., etc.). Any idea of total out value from Insurance Co. Got caught up in one of our Michigan floods a week ago. AAA wants to total it out. Thanks for your assistance.

Go on-line with some of the used car websites and see what the asking price is for cars similar to yours (2002 SLT with 128K miles). Search the whole country. This becomes your data set to present to the insurance company to justify the replacement value.

jddssc121

Do you know manheim for this month on a 2012 X5 diesel?

nyccarguy

@jddssc121‌

He's going to need some more information: color, options, region of the country, mileage, condition

qbrozen

or I could just let him figure it out.

08/22/14 FT LAUD Regular $38,000 20,378 Avg BLACK 6D A Yes

08/21/14 PALM BCH Regular $31,800 21,183 Below RED 6D A No

08/21/14 PA Lease $30,000 43,052 Below PLATINUM 6D P Yes

08/21/14 ATLANTA Regular $40,000 13,566 Avg BLACK 6D A Yes

08/20/14 SF BAY Lease $39,750 19,406 Avg DEEP SEA 6D A Yes

08/20/14 SF BAY Factory $33,000 43,667 Below ALPINE W 6DT A Yes

08/20/14 ATLANTA Regular $40,600 22,079 Above WHITE 6D A Yes

08/20/14 ATLANTA Regular $33,250 47,745 Avg WHITE 6D A Yes

08/14/14 RIVRSIDE Lease $41,000 20,988 Above BLACK SA 6D A Yes

08/13/14 NJ Regular $35,750 34,198 Avg BLUE 6DT A Yes

08/12/14 RIVRSIDE Lease $25,250 53,332 Below ALPINE W 6D A No

08/12/14 ORLANDO Lease $30,600 57,585 Below ALPINE W 6D A Yes

08/12/14 OHIO Lease $34,500 50,236 Avg JET BLAC 6D A Yes

08/11/14 NJ Factory $43,000 3,097 Above ALPINE W 6D A Yes

08/08/14 FT LAUD Regular $38,400 12,302 Avg BLACK 6D A Yes

08/07/14 PA Lease $31,000 36,977 Below PLATINUM 6D A Yes

jddssc121

@nyccarguy said:
jddssc121‌

He's going to need some more information: color, options, region of the country, mileage, condition

Doh! yes i forgot to add all that

Silver. Premium. Wa State. AVG. Premium package, 3rd row, Nav, BMW apps.

jwm40517

Hey Q, what should I expect from our 2009 Honda Odyssey EX-L in trade for a new Odyssey. Central Kentucky, black ext, light interior tan? 72000 miles. Interior as new. Never hit except a 1 inch vertical ding on door from another mirror. It is a shallow crease, probably harder to fix than a dent. Tires, brakes, rotors, battery 15K ago. Oil every 5K or less.
Ky allows sales tax credit for trade on new vehicles now, started last month, so trade is more likely than in past. Thanks

qbrozen

roughly $12k. Maybe, maybe, the Honda dealer would step up on it. You could try to push $13k and see what happens.

jwm40517

On the Honda, forgot to mention, it has 8 year 120K mile Honda Care. 3 full years & 48K left. I believe it can be transferred to new owner on private sale but not on trade in. That might make it more attractive to private sale buyer.

qbrozen

Right. Or you can trade and cancel the contract for a prorated refund, I believe.

28firefighter

Hey Q, Helping another friend car shop. Can you give me an idea what something like this should run?

2011 BMW 328 xDrive Sedan
Auto
Black
Black leather
28k miles
Premium package
Cold weather package
Xenons
Certified Pre-Owned at a BMW dealer

Seattle Area

Thanks!

qbrozen

hmmm... somewhere in the $21k-22k zip code at auction. CPO at a dealer? Geesh... they probably want $30k? I say $27k.

28firefighter

They are asking 27,9.

I'm guessing 25,5 is probably too light of an offer than..:-)

qbrozen

pretty surprising. That's good because, in my experience, bimmer dealers aren't all that flexible.

seank2

Again with the Public Administrator hat on, I have another gem to sell. Although, honestly, this one is the best I've had in a long while. So, we have:

2002 GMC Sierra base/SL
2wd Ecab, short bed
4.8 V8, auto
white over charcoal gray cloth interior
it has a banging aftermarket Sony stereo with CD and remote, and not much else. cold A/C, but crank windows and manual locks (my 10 year old doesn't know what that crank thing is in the door to open the window).
locking, folding hard tonneau cover on the bed
Odometer shows 197,922 miles.
Aside from needing a good bath, it looks like its 4 years old with maybe 50,000 miles. Very clean interior, no rips, tears, stains, nothing, no weird smells.
It runs and drives very well, and doesn't show the miles.

Location is rural Brunswick, Georgia, between Savannah and Jacksonville, Florida. South Georgia, where "real" men drive trucks, so I'm thinking it's worth every bit of $2,000 as it sits, and probably more. What say the experts?

henryn

The price of used pickup trucks has gone completely bonkers. I have read that this is occurring because of the upswing in the construction business.

Whatever the reason, you could list that thing on Craigslist here in the Houston area for $3k and sell it in no time flat.

qbrozen

Its a throwaway as a trade at MAYBE $750-$1k. Henryn hit it pretty spot on at $3k for a quick sale.

major0421

guys, need some help. 2012 Infiniti G37X with 19k miles. One owner who leased it for 2 years out of Delaware. Dealership took it to auction where a local Nissan dealer picked it up. Local dealer is selling it for 22,999. It seems to cheap to be true to me. Am I missing something here? I test drove it and it ran great. I feel like it is "to good to be true" ?

nsull314

I am looking for any help in determining a good trade value for a 2011 Maxima SV sport package in truly excellent condition. My lease contract was for 45k miles, and the car has 32,500, I figure i have some equity but the first dealer offered $17k which is crazy in my opinion.

I don't trust the online value calculators, help please.

qbrozen

I need more info on the G37x. How many doors? What trim level? Colors? Any accident history?

Maxima - $17k isn't totally out of whack. Look above you at the Infiniti that is a year newer with 13k fewer miles for just $23k. Anyway, if it is a Nissan dealer, I could see them stepping up another $1k if they keep it on their lot.

jkipster

What's a fair price in SoCal for a 2012 Hyundai Genesis 5.0 R-Spec Silver with Black interior with 39K miles (personal vehicle per Carfax)? Is there a CPO vs. non-CPO price difference? How about on a 2013 Silver R-Spec with only 1700 miles that was a fleet vehicle?

bigrin

@Michaell said:

Thanks Michaell. Appreciate your time.

Mr_Shiftright

Okay don't laugh...I'm trying to help someone out.

2000 Jaguar S Type 4.0
92,000 miles
Dirty inside and out
cracked leather seats
ding in hood
front bumper cracked and separating from fender
right mirror broken
scrape in right rear door
Smells bad inside

runs okay, dash, rear seats, headliner look fine, but heavy oil smell under hood, ABS and TC warning lights are on, trunk open warning light is on.

roadburner

@Mr_Shiftright said:
Okay don't laugh...I'm trying to help someone out.

2000 Jaguar S Type 4.0
92,000 miles
Dirty inside and out
cracked leather seats
ding in hood
front bumper cracked and separating from fender
right mirror broken
scrape in right rear door
Smells bad inside

runs okay, dash, rear seats, headliner look fine, but heavy oil smell under hood, ABS and TC warning lights are on, trunk open warning light is on.

Aside from that Mrs. Lincoln, how did you like the play?

Mr_Shiftright

Well, when you or I are 92 years old and finally have to give up the car keys, maybe we'll make sense of how this happened! LOL! Geez, what could this be worth? $1500 bucks? I tried some comps, but the comps are often worse than this car! Do S Types just disintegrate on signal at 100K?

kyfdx

@Mr_Shiftright said:
Well, when you or I are 92 years old and finally have to give up the car keys, maybe we'll make sense of how this happened! LOL! Geez, what could this be worth? $1500 bucks? I tried some comps, but the comps are often worse than this car! Do S Types just disintegrate on signal at 100K?

Come on... you should be able to get it towed away for less than $1500!

stickguy

Oh, having to unload it? That is different. I thought you were trying to help someone buy it!

hard to imagine anyone in their right mind buying that Jag. Unless they are very handy, and very brave. Being rich and stupid might help too.

qbrozen

Genesi ... on the 2012, they run about $27k-28k at auction. I don't know what CPO costs are on that car, but, yes, it certainly does cost more. Probably about $31k non-CPO and $33k-$34k CPO should be in the right neighborhood. On the 2013, that seems like the one that sold at Riverside for $30k. Certainly seems to be the better buy for only $2k-$2500 more for a practically brand new one.

Shifty - I've come across many nice S-types. I like them, personally. Almost bought one quite a while back but wound up with a Lincoln LS instead. Same basic car but with a stiffer (and cheaper to repair) suspension. This thing sounds like junkyard fodder to me. Can't imagine anybody seeing value in it unless they just so happened to have an otherwise perfect S-type that needs an engine. Or they have an otherwise nice 3.0 they want to make a swap on. Anyhoo, the nasty ones are $900-$1k at auction.

roadburner

Might as well ask...

In the Louisville area:

2011 135i M Sport

DCT, 30k miles, Alpine White/Coral Red Leather

Every option with the possible exception of SiriusXM

Full dealer service history

Wondering about trade-in as I'd be buying the car from a private owner. Thanks!!!

qbrozen

that's a coupe, right? Dealer would probably offer him $24k. Maybe $25k to make a deal on a new one. A non-BMW dealer would be more in the $23k zip code.

sbuhler

Would appreciate current wholesale/trade on the following:

2011 Buick Regal CXL 2WD
Brown Exterior
55,000 Miles
Leather, No Nav, Heated Seats
Sunroof
4 Cylinder
Great Shape
Southeast Louisiana

Thanks!

roadburner

@qbrozen said:
that's a coupe, right? Dealer would probably offer him $24k. Maybe $25k to make a deal on a new one. A non-BMW dealer would be more in the $23k zip code.

Yes, a coupe. The guy is asking $27.5- I'd consider $26k well bought.

Thanks as always!!!

Mr_Shiftright

Thanks for that. It's about what I thought, around $1K if you're lucky. I realize they can be nice cars but....for some reason...owners of S Types treat them more like rental cars than Jaguars. Well, in the case of the S Type, maybe they're right. I certainly didn't get any kind of quality-hit from this car while examining it. It could have been a Toyota Camry.

Here's what the nice parts of the car look like!

@qbrozen said:

Shifty - I've come across many nice S-types. I like them, personally. Almost bought one quite a while back but wound up with a Lincoln LS instead. Same basic car but with a stiffer (and cheaper to repair) suspension. This thing sounds like junkyard fodder to me. Can't imagine anybody seeing value in it unless they just so happened to have an otherwise perfect S-type that needs an engine. Or they have an otherwise nice 3.0 they want to make a swap on. Anyhoo, the nasty ones are $900-$1k at auction.

qbrozen

I'm a little lost on the Buick. When I try to look it up, I'm shown 6 different CXLs dubbed RL1 through RL6. Any clue what that means?

sbuhler

Sorry about that it has the RL4 package. There are various packages and this one includes the sunroof and a few other things.

qbrozen

well, you win the prize for the most miles on one of these (as far as auction results are concerned). Might be about $10,500.

BrooklynB

How much is a fair offer for a lease buyout from a dealer in the northeast? Audi 2012 Q5 3.2 prestige w/ nav & bangolufson, 50k miles, clean record, pristine condition, just got new tires and brakes.

isellhondas

Shifty,

I feel for you on that Jaguar. MAYBE a grand?

It sounds rougher than a night in jail!

Mr_Shiftright

It's not like the old days when a man could scrounge parts or repair things in his shop. When the dashboard of a modern car looks like a Christmas tree all lit up, that's about all the warning sign you need.

qbrozen

@BrooklynB said:
How much is a fair offer for a lease buyout from a dealer in the northeast? Audi 2012 Q5 3.2 prestige w/ nav & bangolufson, 50k miles, clean record, pristine condition, just got new tires and brakes.

I'm really not understanding your question. Is someone buying it from you?

kyfdx

I think his intention is to trade it in to the dealer. He wants to make sure the offer is fair to minimize negative equity (or maximize any positive equity)

qbrozen

Well, if that's the case, the high miles would put you down around the $30k mark.

sbuhler

Would appreciate wholesale/trade values on the three listed below:

(1) 2012 Mazda CX-9 Grand Touring AWD
Crystal White Pearl, Moonroof/Bose Package, Power Lift Gate
22,500 miles
Excellent Shape

(2) 2010 Nissan Armada Platinum 2WD
White, 2nd row captain chairs
50,000 miles
Excellent Shape

(3) 2011 Volvo XC90 2WD, Base
Silver, No additional options
40,000 miles
Excellent Shape

All 3 in Southeast Louisiana. Thanks for your help.

qbrozen

3?! What do you think this is?!

Seriously, though, is this you shopping or trading in 3 vehicles?

1) ~$24k-$25k

2) A very rare bird. I'd put a very cautious $20k on it.

3) $21k-$21,500.

sbuhler

Thanks qbrozen. # 1 would be traded in on # 3. Miss our previous Volvo. # 2 is for a friend. Thanks for your help!

sb55

Looking to trade on new truck or possible SUV in Northern Vermont:
2010 GMC Sierra SLE 4x4 Extended cab pickup with Z-71 package and Tow package with only 22K miles. Spray on bedliner and folding tonneau cover are only non dealer accessories.

Mr_Shiftright

What's a home run retail price for a 1999 Subaru 2.5RS coupe in "clean" condition? Anybody got any ideas? Trying to help someone out in an unrecovered theft.