Real-World Trade-In Values

jhyoo7

qbrozen said:

ML: About $11k at the block. With the needs it has right now, you'd probably get an offer from a dealer of $9k-$9500. Without knowing the source/cause of the oil leak, its impossible for me to give you further advice on private sale.

So tracked down the oil leak to the crankcase ventilation valve (breather cover). OEM part is $80 and local indy shop thought about hour labor. So basically $200 to get it fixed. Shopped the vehicle to a couple of dealers and got offers of $11K to $11.5K, which doesn't seem all too bad.

Trying to determine if fixing the leak is worth while or not if I decide to sell privately? I don't think I would recoup much by putting new tires on, so I'll leave that. Thoughts?

qbrozen

I'd jump on those dealer offers. Do you get a tax benefit trading where you live? I do in NJ, so for a car that I'd have to put $700 into (between tires and oil leak fix), detail it up, advertise it, deal with tire kickers and dreamers, only to HOPEFULLY get $13k, it is not nearly worth it in the end if a dealer is giving me $11k plus the $770 tax credit.

boomchek

jhyoo7 said:

qbrozen said:

ML: About $11k at the block. With the needs it has right now, you'd probably get an offer from a dealer of $9k-$9500. Without knowing the source/cause of the oil leak, its impossible for me to give you further advice on private sale.

So tracked down the oil leak to the crankcase ventilation valve (breather cover). OEM part is $80 and local indy shop thought about hour labor. So basically $200 to get it fixed. Shopped the vehicle to a couple of dealers and got offers of $11K to $11.5K, which doesn't seem all too bad.

Trying to determine if fixing the leak is worth while or not if I decide to sell privately? I don't think I would recoup much by putting new tires on, so I'll leave that. Thoughts?

If you're going to trade it then leave the leak alone. If you're going to sell it privately then spend the $200 and get it fixed because potential buyers will likely take it for an inspection and the leak will be found and you'll either have to fix it or their mechanic will scare them into thinking it's more than what it is and you'll end up dropping the price more than the cost of the repair itself, or it'll scare away a potential buyer.

roadburner

I'm wondering what the numbers are on this car: 2011 BMW 335i Sport manual.
Deep Sea Blue/Beige, 64.2k miles. Every option save Comfort Access. Really.

qbrozen

Interesting. Must not have been Manheim, because its not showing up for either time it hit the block. I do find it a little concerning that one dealer bought it, held it for less than a month, and cut their losses and resold it at auction.

Anyway, an average condition blue one with 60k sold for $20,300. 2 others that were reported as below average sold for $18,750 and $18,600. All 3 say "6G" as the trans, so no idea if auto or manual.

roadburner

Yes, I saw the one dealer only had it for a short while. If I do get serious I'll have my Service Advisor give it the once over- both dealers are in the same group.

mjfloyd1

Q,

I bought a CPO 14 GL350 Bluetec with 12K miles for just shy of 62k - MB of West Chester OH.

Thanks for your help
Mark

qbrozen

Only $2k above auction value. Great deal. Congrats.

mjfloyd1

It seemed like a great deal especially CPO so I figured pretty much wholesale plus cpo costs??  Same difference.

qbrozen

Seems like it, if it has a clean history.

jhyoo7

qbrozen said:

I'd jump on those dealer offers. Do you get a tax benefit trading where you live? I do in NJ, so for a car that I'd have to put $700 into (between tires and oil leak fix), detail it up, advertise it, deal with tire kickers and dreamers, only to HOPEFULLY get $13k, it is not nearly worth it in the end if a dealer is giving me $11k plus the $770 tax credit.

boomchek said:

jhyoo7 said:

qbrozen said:

ML: About $11k at the block. With the needs it has right now, you'd probably get an offer from a dealer of $9k-$9500. Without knowing the source/cause of the oil leak, its impossible for me to give you further advice on private sale.

So tracked down the oil leak to the crankcase ventilation valve (breather cover). OEM part is $80 and local indy shop thought about hour labor. So basically $200 to get it fixed. Shopped the vehicle to a couple of dealers and got offers of $11K to $11.5K, which doesn't seem all too bad.

Trying to determine if fixing the leak is worth while or not if I decide to sell privately? I don't think I would recoup much by putting new tires on, so I'll leave that. Thoughts?

If you're going to trade it then leave the leak alone. If you're going to sell it privately then spend the $200 and get it fixed because potential buyers will likely take it for an inspection and the leak will be found and you'll either have to fix it or their mechanic will scare them into thinking it's more than what it is and you'll end up dropping the price more than the cost of the repair itself, or it'll scare away a potential buyer.

There would be a sales tax benefit if I trade it in and purchase a vehicle from the dealer. Basically would only get taxed the difference between sale price and trade in price. Actually went ahead and bought another vehicle from out of state, so no benefit.

I'll probably just get the leak fixed. I figure I'll try to sell privately for a few weeks, and if no takers, then I'll just sell it to the dealer.

Thanks for the advise and feedback!

mjfloyd1

qbrozen said:

Seems like it, if it has a clean history.

Yea.  GM'S car with clean carfax

nyccarguy

mjfloyd1 said:

Q,

I bought a CPO 14 GL350 Bluetec with 12K miles for just shy of 62k - MB of West Chester OH.

Thanks for your help
Mark

Nice buy. What's was the car's original sticker? Close to $80K?

mjfloyd1

nyccarguy said:

Q,

I bought a CPO 14 GL350 Bluetec with 12K miles for just shy of 62k - MB of West Chester OH.

Thanks for your help
Mark

Nice buy. What's was the car's original sticker? Close to $80K?

76.5K.  Had premium 1 , lighting,  panorama roof, heated steering wheel,  trailer hitch, lane assist, parking assist.  I think everything except running boards and 20 inch wheels.

robr2

What say the gurus on this potential purchase:

2013 Ford C Max Hybrid SEL
Greenish silver over Stone (Gray/Tan depending on the light)
15200 miles
Looks very clean - no hits, runs, crubs or fents
Major options are the big sunroof and the MyFord Touch with Nav.
Subaru dealer north of Boston asking $21K
Here's the VIN if it helps: 1FADP5BU8DL501254

Thanks in advance

qbrozen

I'll guess they paid around $18k for it. So not a bad asking price. Depending on where they got it from, you might be able to knock another grand off.

robr2

Thanks Q

roadburner

I ran across this- same dealer group I bought my Mazda from: 2012 Boss 302

I'm thinking $30k might buy it...

stickguy

I would tell you to offer it to them, but would hate to see you have to come up with an excuse on the spot to back out!

breld

Helping a friend out here.

He's looking at lightly used Grand Cherokees.

Specifically, he's considering one near me that I may check out for him (in the Denver area).

2014 Grand Cherokee
Summit Model
V6/4x4 (Quadra-drive)
9,840 miles

Ad says it's loaded with every option - Harmon Kardon, Suede Headliner, Heated/Cooled Leather, HIDs, etc.

It's being sold privately, so I'm going under the assumption he's looked to trade it already, so I'm curious what trade value would be on something like that, and thus what reasonable private party would be. Seller is asking $42,950.

Thanks for any insight.

cghamm22

Trying to get the trade in value for a 2013 Hyundai Azara.

22800 miles
Clean car fax
Technology package- xenon  headlights, LED running lights, 19-inch aluminum wheels, and rear park-assist sensors. Ventilated front seats, power tilt/telescoping steering wheel, ambient cabin lighting, premium sound audio system, and a panoramic sunroof driver seat thigh extension, power rear window sunshade, manual rear side window sunshades, and memory settings for the driver.

Michaell

chamm22 said:

Trying to get the trade in value for a 2013 Hyundai Azara.

22800 miles
Clean car fax
Technology package- xenon  headlights, LED running lights, 19-inch aluminum wheels, and rear park-assist sensors. Ventilated front seats, power tilt/telescoping steering wheel, ambient cabin lighting, premium sound audio system, and a panoramic sunroof driver seat thigh extension, power rear window sunshade, manual rear side window sunshades, and memory settings for the driver.

Color - inside and out?

Location? Condition?

cghamm22

Midnight blue and tan/beige interiors
Southern California 
good condition- a few minor scuffs and the rims have a few scrapes but nothing significant.

qbrozen

trade value? Up to about $39k. $43k is about fair retail on it. I wouldn't pay more than $42k private party.

Do you guys not get tax credit on your trade-ins? Here in NJ, that would put me within spitting distance of $42k realized value when trading it.

Michaell

qbrozen said:

trade value? Up to about $39k. $43k is about fair retail on it. I wouldn't pay more than $42k private party.

Do you guys not get tax credit on your trade-ins? Here in NJ, that would put me within spitting distance of $42k realized value when trading it.

Q - which vehicle is this for? I think it might help if you use the "quote" button when responding to requests....

qbrozen

dammit. somehow I keep missing that there are more pages to read, so I saw the last one on p1494 and replied. That was the Grand Cherokee.

Michaell

qbrozen said:

dammit. somehow I keep missing that there are more pages to read, so I saw the last one on p1494 and replied. That was the Grand Cherokee.

I have the same problem - no worries.

stickguy

I was thinking that was a darned expensive Azera

Michaell

stickguy said:

I was thinking that was a darned expensive Azera

Me, too.

qbrozen

Azera - location makes a bit of a difference on this one. About $20k is fair in So Cal.

stickguy

Lot of car for 20k though. I'd be interested!

qbrozen

That's trade-in, of course. Closer to $24k fair retail.

breld

qbrozen said:

trade value? Up to about $39k. $43k is about fair retail on it. I wouldn't pay more than $42k private party.

Do you guys not get tax credit on your trade-ins? Here in NJ, that would put me within spitting distance of $42k realized value when trading it.

Thanks Q - my friend (who lives in Utah) is looking to purchase this car, and he's not trading anything in, so going private party seems a good way to go.

The info you provided jives with the seller's asking price, so that helps a lot.

qbrozen

i meant the guy who is selling it would be better off trading it in. Unless, of course, he's not getting another car.

Michaell

qbrozen said:

i meant the guy who is selling it would be better off trading it in. Unless, of course, he's not getting another car.

If you're talking about the guy with the Azera, he's looking into leasing a Genesis and getting out of the Azera lease early.

qbrozen

LOL.
No, I'm talking about the guy selling a $42k Cherokee privately. It almost never makes sense to private sale something that expensive if you are getting another vehicle and your state offers a tax credit on trade-ins.

xwesx

Michaell said:

If you're talking about the guy with....

LOL; darn those parallel conversations!!!

roadburner

@qbrozen : Did you find any auction results for 2012 Boss 302s?
The '11 335i is not a player, my BMW insider ran the VIN and his reply was, "Not looking good for this one."

qbrozen

Boss 302:

03/23/15 PITTSBGH Regular $33,800 1,837 Avg ORANGE
03/18/15 NASHVILL Regular $34,900 11,305 Above WHITE
02/25/15 FT MYERS Regular $33,000 14,338 Avg ORANGE
03/18/15 KC Regular $32,000 24,505 Avg BLUE
03/19/15 MISS Regular $30,000 34,192 Avg BLUE
02/25/15 DALLAS Regular $29,500 42,569 Below RED

roadburner

Thank you!!!

henryn

qbrozen said:

Boss 302:

03/23/15 PITTSBGH Regular $33,800 1,837 Avg ORANGE
03/18/15 NASHVILL Regular $34,900 11,305 Above WHITE
02/25/15 FT MYERS Regular $33,000 14,338 Avg ORANGE
03/18/15 KC Regular $32,000 24,505 Avg BLUE
03/19/15 MISS Regular $30,000 34,192 Avg BLUE
02/25/15 DALLAS Regular $29,500 42,569 Below RED

Interesting. Very.

Col 1 = date of sale
Col 2 = location
Col 3 = "Regular" ???
Col 4 = sales price
Col 5 = miles
Col 6 = condition (Avg, Above, Below)
Col 7 = color

What is Col 3, which in all instances above says "Regular" ??

qbrozen

its the type of sale. Usually regular, but sometimes factory or lease, for example.

budsbrother

For a co-worker. Her daughter is looking at a 2007 Cobalt LT coupe neat the Mass/NH border. Red, 95,000 miles, auto, power windows and locks. No leather, no moonroof, no alloys. Autocheck says one owner, New England auction in November. Might need front struts and rear brakes. Dealer wants $5900. TMV says $5400. What say the experts? Thanks

Michaell

budsbrother said:

For a co-worker. Her daughter is looking at a 2007 Cobalt LT coupe neat the Mass/NH border. Red, 95,000 miles, auto, power windows and locks. No leather, no moonroof, no alloys. Autocheck says one owner, New England auction in November. Might need front struts and rear brakes. Dealer wants $5900. TMV says $5400. What say the experts? Thanks

Do you know if the ignition recall work was done?

budsbrother

Very good question! Autocheck just shows registrations and inspections. I told her to run a Carfax on it. The Carfax ad says"25" reports. Her 18 year daughter found this car on her own. Hmmm.

budsbrother

I ran the VIN at the GM recall website and apparently that Cobalt is not affected by the recall.

roadburner

henryn said:

qbrozen said:

Boss 302:

03/23/15 PITTSBGH Regular $33,800 1,837 Avg ORANGE
03/18/15 NASHVILL Regular $34,900 11,305 Above WHITE
02/25/15 FT MYERS Regular $33,000 14,338 Avg ORANGE
03/18/15 KC Regular $32,000 24,505 Avg BLUE
03/19/15 MISS Regular $30,000 34,192 Avg BLUE
02/25/15 DALLAS Regular $29,500 42,569 Below RED

Interesting. Very.

Col 1 = date of sale
Col 2 = location
Col 3 = "Regular" ???
Col 4 = sales price
Col 5 = miles
Col 6 = condition (Avg, Above, Below)
Col 7 = color

What is Col 3, which in all instances above says "Regular" ??

I'm thinking "Regular" is equivalent to "Base"- there was an upgrade version available- the Laguna Seca.

qbrozen

roadburner said:

henryn said:

qbrozen said:

Boss 302:

03/23/15 PITTSBGH Regular $33,800 1,837 Avg ORANGE
03/18/15 NASHVILL Regular $34,900 11,305 Above WHITE
02/25/15 FT MYERS Regular $33,000 14,338 Avg ORANGE
03/18/15 KC Regular $32,000 24,505 Avg BLUE
03/19/15 MISS Regular $30,000 34,192 Avg BLUE
02/25/15 DALLAS Regular $29,500 42,569 Below RED

Interesting. Very.

Col 1 = date of sale
Col 2 = location
Col 3 = "Regular" ???
Col 4 = sales price
Col 5 = miles
Col 6 = condition (Avg, Above, Below)
Col 7 = color

What is Col 3, which in all instances above says "Regular" ??

I'm thinking "Regular" is equivalent to "Base"- there was an upgrade version available- the Laguna Seca.

Answered that above. Its the type of sale. It is usually Regular or Lease.

qbrozen

budsbrother said:

For a co-worker. Her daughter is looking at a 2007 Cobalt LT coupe neat the Mass/NH border. Red, 95,000 miles, auto, power windows and locks. No leather, no moonroof, no alloys. Autocheck says one owner, New England auction in November. Might need front struts and rear brakes. Dealer wants $5900. TMV says $5400. What say the experts? Thanks

I can't see back to November, but the recents with those miles have been in the $3500-$4500 range. Asking price would be fair without the needs it has if its clean otherwise and no bad history, so I'd deduct for the work for starters.

kcguy

Looking to buy a 2013 VW Touareg, TDI executive package with 36K miles, good condition from local non VW dealer. Got car on trade. No CPO, original MRSP 62K What would be good price for the vehicle? Asking price 39,500. Thanks