Real-World Trade-In Values

steine13

qbrozen said:

$6450 would be fair. But that link takes me to one with an $87xx asking price, which is ridiculous, especially in that color. [..]

That's weird. I'm glad I wrote down the asking price from yesterday; looks like they "updated" it.
Idiots.
And I hadn't bothered with the carfax, figuring it was a link to "carfax.com" and an invitation to spend money... waddayaknow, that looks like a righteous vehicle. Michelins are always a good sign, esp. on a one-owner car.
The accident is the sticky wicket, of course.
Dat color tho...

Thanks, I'll pass it along! If he's interested, maybe I'll take a look myself. It's not far from here.
Cheers -m

jpp75

I'm trying to talk a friend into upgrading his Grand Cherokee to a Range Rover. He has a 2011 Grand Cherokee Overland 4X4, 50k miles, fair condition (no major issues but a couple of scrapes on the bumper and he's not known for cleaning it). Curious to see what he could get for it on a trade in NC.

qbrozen

which engine? what color combo? any accident history?

jpp75

qbrozen said:

which engine? what color combo? any accident history?

V6, it's gray with black interior. No accidents, a couple of parking lot scuffs but no real damage.

Thanks q.

qbrozen

about $23k-$23.5k.

Mr_Shiftright

I hope that's going to be a NEW Range Rover with a whoppin' good warranty.

qbrozen

I didn't want to be the one to say it.

Michaell

qbrozen said:

I didn't want to be the one to say it.

I was thinking the same thing ... but, hasn't quality on RR and Jaguar improved as of late?

jpp75

Thanks Q, that's what I was expecting.

His rationale for not trading is the gas mileage and reliability. I pointed out that the Jeep wasn't stellar in either category, and if you can afford the RR (which he can easily) then it really isn't an issue.

kyfdx

jpp5862 said:

I'm trying to talk a friend into upgrading his Grand Cherokee to a Range Rover. He has a 2011 Grand Cherokee Overland 4X4, 50k miles, fair condition (no major issues but a couple of scrapes on the bumper and he's not known for cleaning it). Curious to see what he could get for it on a trade in NC.

Not a real good friend, I hope..

Mr_Shiftright

Well for what it's worth JD Power says that a Lexus SUV in 2014 shows something like 68 problems per 100 cars, and a RRover 178 problems per 100 cars. Question is...there are "problems" and there are PROBLEMS.

But if you have a warranty, survival gear onboard, AAA and good life insurance, I don't see why there's any cause to worry.

jpp75

kyfdx said:

jpp5862 said:

I'm trying to talk a friend into upgrading his Grand Cherokee to a Range Rover. He has a 2011 Grand Cherokee Overland 4X4, 50k miles, fair condition (no major issues but a couple of scrapes on the bumper and he's not known for cleaning it). Curious to see what he could get for it on a trade in NC.

Not a real good friend, I hope..

jpp75

Mr_Shiftright said:

Well for what it's worth JD Power says that a Lexus SUV in 2014 shows something like 68 problems per 100 cars, and a RRover 178 problems per 100 cars. Question is...there are "problems" and there are PROBLEMS.

But if you have a warranty, survival gear onboard, AAA and good life insurance, I don't see why there's any cause to worry.

The 1988 Lincoln Continental my parents bought had 285 problems per 100 cars, pretty sure they got all 285 of them and then some.

Mr_Shiftright

Scary part is that there are worse cars on that list.

explorerx4

Price change on Impala. I'm glad someone else noticed this phenomenon. If they get some interest on the link, they up the price. I know I looked at it and it was 6xxx. I first noticed this on a vehicle I clicked on a few times locally.
Maybe this can be worked to our advantage. Find a vehicle like the one you want to trade in and browse the link a few times. Maybe the price will go up and you can ask more for your trade.

xwesx

Well, you know, sellers are welcome to ask any price they want on their goods, but that doesn't mean they'll get it.

Mr_Shiftright

That's correct. Asking prices are just an exercise of your First Amendment Rights

cdnpinhead

Anything (car, boat, house, whatever) is worth exactly what some dumb sod is willing to pay for it. . .not a penny more.

Mr_Shiftright

Well that ONE car is worth that price...but it takes many points of sale of that same car to say they are all worth that. That's why QB uses plenty of stats.

js06gv

Qbrozen, can you help with my sisters car? 2010 Enclave FWD. CXL model but otherwise base with no addtl options. Silver over black in zip 75762 with 98K miles. Car is clean but let's go with avg as a description. She has 3 kids but manages to keep it decent. No accidents. I'll sell it for her so looking for private party. She'd ultimately like to cash out of it and then lease something else. Thanks in advance.

qbrozen

enclave - well, your profile says TX, so I'm going with that since I ain't the post office. There actually is a CXL-1 and CXL-2. I'll go with the former.

Well, its worth a helluva lot more than I would have thought. I think you'll find most with asking prices of $18k-$21k.

If maintenance is up to date and it needs nothing, I'd list it for $17995 and take $16.5k or better. You might get $13.5-$14k on a trade or maybe $14.5k-15k from a carmax like place.

Be aware that they dive down a good $1500-$2k when they cross the 100k-mile mark.

aghosh

Hi,
I have a 2010 Toyota Prius II with no major option.

The odometer is at 68K miles and no major dings on the outside. Tires are Michelin with around 20K miles left.

It does have some undercarriage damage. As a consequence of hitting some solid road debris (a tool box), the front air dam broke which my mechanic just yanked away. This also caused a quarter size hole in the front bumper.

This is a white car, located in southeast.

Edmunds calculator predicted 8K for trade in, does that sound fairly accurate? Would I get a much better value if I get that air dam replaced?

Mr_Shiftright

Not sure dealer would give you that with all that recon needed. Dealer will probably retail it at $12995 or so, sell at $12K, so with parts and labor needed sounds like $8K is too tight for the dealer. Really depends on extent of damage so it's hard to estimate trade-in. The dealer might offer you a juicy trade in and then pound you on the other end in a case like this.

aghosh

Mr_Shiftright said:

...The dealer might offer you a juicy trade in and then pound you on the other end in a case like this.

Therefore, it seems the best bet is to get it repaired first. Would you agree?

qbrozen

What other undercarriage damage is there? Without knowing the repair estimate (and a proper repair, not just a patch job), it is impossible to value it.

Whether or not it is worth fixing yourself depends on the numbers. I'd get an estimate to fix it properly, then head to the dealer and see what they'd give me for it as is. You may very well be better off just trading it as is because dealers can often get the repairs done for less than you can and calculate it as such (repair is $3k but they only ding you for $2k, for example). It also, of course, depends on WHERE you trade it. A toyota dealer may do better for you because they will get the parts at cost.

js06gv

qbrozen said:

enclave - well, your profile says TX, so I'm going with that since I ain't the post office. There actually is a CXL-1 and CXL-2. I'll go with the former.

Well, its worth a helluva lot more than I would have thought. I think you'll find most with asking prices of $18k-$21k.

If maintenance is up to date and it needs nothing, I'd list it for $17995 and take $16.5k or better. You might get $13.5-$14k on a trade or maybe $14.5k-15k from a carmax like place.

Be aware that they dive down a good $1500-$2k when they cross the 100k-mile mark.

Thanks for the advice. I was surprised at asking prices as well, which is why I wanted to seek your opinion as well. She was hoping to get 16K or better and that may not be far off the mark.

Yes, it's Texas. For some reason I thought I remembered a template on here suggesting zip code was helpful......

aghosh

qbrozen said:

What other undercarriage damage is there? Without knowing the repair estimate (and a proper repair, not just a patch job), it is impossible to value it.

I am really disappointed at your response. Why would you think there is "other" damage that I chose not to report?
And of course, it is impossible to value it unless you look at it, that's pretty obvious.

explorerx4

@aghosh,
Until the car goes through the actual repair process, there may be other damage that can't be foreseen.

Mr_Shiftright

That's true about unseen damage. For instance, the part that the air dam attaches to can also be damaged, making a re-joining of the two parts impossible. This could, for instance, necessitate an entire new bumper assembly. Most of this stuff is plastiky held together with a few bolts and a lot of plastic grommets. It's not like metal where you can "work" it.

qbrozen has a good idea there. Take it to the dealer as is, and ask him trade value with/without repairs.

qbrozen

aghosh said:

Why would you think there is "other" damage that I chose not to report?
And of course, it is impossible to value it unless you look at it, that's pretty obvious.

1. I wasn't accusing you of leaving anything out. But since your mechanic tore off the dam and you have a hole in your bumper, I'm pretty sure there are other scrapes and bruises under the car that you may not even know about.

2. ?? So why did you ask??

juanduro

Hello Everyone,
I'm planning on trading my 2014 honda odyssey elite - Pearl with 15,000 miles..what will it be the trade in value at a dealership ?
any help will we appreciated ?

nyccarguy

juanduro said:

Hello Everyone,
I'm planning on trading my 2014 honda odyssey elite - Pearl with 15,000 miles..what will it be the trade in value at a dealership ?
any help will we appreciated ?

Inquiring minds want to know, why are you ditching after only 1 year/15K? Just curious.

Michaell

juanduro said:

Hello Everyone,
I'm planning on trading my 2014 honda odyssey elite - Pearl with 15,000 miles..what will it be the trade in value at a dealership ?
any help will we appreciated ?

Where is this located?

juanduro

nyccarguy said:

juanduro said:

Hello Everyone,
I'm planning on trading my 2014 honda odyssey elite - Pearl with 15,000 miles..what will it be the trade in value at a dealership ?
any help will we appreciated ?

Inquiring minds want to know, why are you ditching after only 1 year/15K? Just curious.

we got it in Oct 2013..wife is tired of driving a minivan for the past 6 years..our 4 kids are older now and we dont need that much space (12-11-5-3)..she always loved the Q7 but likes the X5.. since it is a surprise gift, I went this past weekend with the older kids to get numbers and try the 3rd row sitting..hands down the q7 was the more spacious one..i dont like the fact that the model is changing early next year..but there are no other options that she likes :-(. The mdx here where i live you see them in every corner and it is just to plain..the MB GL is too expensive and big..american cars are not in consideration..so..it is between the x5 and q7

juanduro

Michaell said:

juanduro said:

Hello Everyone,
I'm planning on trading my 2014 honda odyssey elite - Pearl with 15,000 miles..what will it be the trade in value at a dealership ?
any help will we appreciated ?

Where is this located?

SOuth Florida (fort lauderdale)

It has all the options..wide HD screen, 4 wireless headphones, dual on board screen, nav, lane departure, blind spot monitor, collison monitor,etc etc...

isellhondas

jpp5862 said:

I'm trying to talk a friend into upgrading his Grand Cherokee to a Range Rover. He has a 2011 Grand Cherokee Overland 4X4, 50k miles, fair condition (no major issues but a couple of scrapes on the bumper and he's not known for cleaning it). Curious to see what he could get for it on a trade in NC.

You are trying to talk your friend into buying a Range Rover?

Do you know how much trouble those are?

The warranty companies won't even sell warranties on them!

qbrozen

juanduro said:

nyccarguy said:

juanduro said:

Hello Everyone,
I'm planning on trading my 2014 honda odyssey elite - Pearl with 15,000 miles..what will it be the trade in value at a dealership ?
any help will we appreciated ?

Inquiring minds want to know, why are you ditching after only 1 year/15K? Just curious.

we got it in Oct 2013..wife is tired of driving a minivan for the past 6 years..our 4 kids are older now and we dont need that much space (12-11-5-3)..she always loved the Q7 but likes the X5.. since it is a surprise gift, I went this past weekend with the older kids to get numbers and try the 3rd row sitting..hands down the q7 was the more spacious one..i dont like the fact that the model is changing early next year..but there are no other options that she likes :-(. The mdx here where i live you see them in every corner and it is just to plain..the MB GL is too expensive and big..american cars are not in consideration..so..it is between the x5 and q7

On the Ody, figure somewhere around $33k-$34k.

Word of advice you didn't ask for: make sure you put in the carseats and THEN get the older kids in and out of the back. The 3 year old is still in a carseat that gets strapped to the LATCH anchors, yes? So forget about folding that seat to get in the back. If the 5-yr-old is in a booster, its a tad easier to fold that seat, but still an extra step to move it, get the kids in the back, and put it back. Then if an older kid needs to jump out for some reason, it is a process. Although, if you have the full bench in your Odyssey all the time, you probably already experience this problem. It is the reason we got a minivan with 2nd row captains' chairs... so the bigger folk can walk in between and we don't have to move any carseats.

xwesx

True wisdom from a CCB!

I hate LATCH. The concept seems good, but who actually puts a seat in a car and leaves it there? We're regularly swapping ours back and forth between vehicles. Our use of LATCH lasted about three weeks way early in our naive parenting. After that, it was all seat belts, all the way. It's probably been near a decade since I used those anchors, and my oldest is not yet eleven.

suydam

Four kids? Youngest is 3? Those are prime minivan years. I hate to tell you that no other vehicle has the flexibility a minivan offers a family. Especially since you are also toting sometimes their friends and all that stuff! Good luck with an alternative.

nyccarguy

juanduro said:

nyccarguy said:

juanduro said:

Hello Everyone,
I'm planning on trading my 2014 honda odyssey elite - Pearl with 15,000 miles..what will it be the trade in value at a dealership ?
any help will we appreciated ?

Inquiring minds want to know, why are you ditching after only 1 year/15K? Just curious.

we got it in Oct 2013..wife is tired of driving a minivan for the past 6 years..our 4 kids are older now and we dont need that much space (12-11-5-3)..she always loved the Q7 but likes the X5.. since it is a surprise gift, I went this past weekend with the older kids to get numbers and try the 3rd row sitting..hands down the q7 was the more spacious one..i dont like the fact that the model is changing early next year..but there are no other options that she likes :-(. The mdx here where i live you see them in every corner and it is just to plain..the MB GL is too expensive and big..american cars are not in consideration..so..it is between the x5 and q7

Very funny comment about the MDX. We have a 2011 Pilot (Dark Grey) that my wife literally sees 3 or 4 on every corner & in every parking lot. That's her number 2 complaint about it. Number 1 is the fact that she doesn't have the power lift gate.

@qbrozen - I don't think the 5 year old has to be in a booster seat according to the state of Florida. I've got my 3 year old in a LATCHed Britax Marathon & my 2 sons (8 1/2 & 6) in high back booster seats. A minivan with 2nd row captain's chairs would make our lives a bit easier, but with 12 payments left on the Pilot until it is ours, we'll make it work.

stickguy

The lack of cargo room in the SUV with the back row up Is a killer.

In our vans always left the middle open in 2nd row for pass through. And in the car seat days, each car had dedicated ones. No moving back and forth. That was also in pre latch days! And no,, I don't miss dealing with car seats.

juanduro

thanks everyone for the responses... yes I watn her to keep the van but her comments are that she does not want to be another soccer mom out there..kids play soccer and other activities and everywhere here you see odysseys, pilots, siennas and mdxs... she had in the past (and x3 when we had 2 kids, then x5 then minivans when the other kids arrived) . I'm with all of you, the odyssey is a great van for the family and tried talking to her about it. so she proposed, ok you (me) drive the minivan and I drive your BMW 550 M sport, deal ? of course i said no way jose :-)
the Q7 provides decent 3rd row space. My 3 year old is in his britax boulevard latched in (we have another one in my car) and my 5 year old girl is in a britax parkway using the seatbelts in the middle row. the other seat is the one that moves back and forth nowadays to get into the back. normally we dont carry much anymore in the trunk unless we go to the beach and in that case we will fold one of the 3rd row seats i guess in the Q7 for the big cooler.
my good friend (manager a ta local bmw store) wants me to get an x5, so it is working the magic numbers..but the moe i see and hear , the x5 will be even tighter :-(

juanduro

qbrozen said:

juanduro said:

nyccarguy said:

juanduro said:

Hello Everyone,
I'm planning on trading my 2014 honda odyssey elite - Pearl with 15,000 miles..what will it be the trade in value at a dealership ?
any help will we appreciated ?

Inquiring minds want to know, why are you ditching after only 1 year/15K? Just curious.

we got it in Oct 2013..wife is tired of driving a minivan for the past 6 years..our 4 kids are older now and we dont need that much space (12-11-5-3)..she always loved the Q7 but likes the X5.. since it is a surprise gift, I went this past weekend with the older kids to get numbers and try the 3rd row sitting..hands down the q7 was the more spacious one..i dont like the fact that the model is changing early next year..but there are no other options that she likes :-(. The mdx here where i live you see them in every corner and it is just to plain..the MB GL is too expensive and big..american cars are not in consideration..so..it is between the x5 and q7

On the Ody, figure somewhere around $33k-$34k.

Word of advice you didn't ask for: make sure you put in the carseats and THEN get the older kids in and out of the back. The 3 year old is still in a carseat that gets strapped to the LATCH anchors, yes? So forget about folding that seat to get in the back. If the 5-yr-old is in a booster, its a tad easier to fold that seat, but still an extra step to move it, get the kids in the back, and put it back. Then if an older kid needs to jump out for some reason, it is a process. Although, if you have the full bench in your Odyssey all the time, you probably already experience this problem. It is the reason we got a minivan with 2nd row captains' chairs... so the bigger folk can walk in between and we don't have to move any carseats.

if that is the trade in value,. then i think im ok..i just checked my account in honda finance and my payoff is $33025...I'm not too bad then..

boomchek

My good friend just got rid of his 2014 X5 because it was too tight for him and they only have 2 kids (5 and newborn). He traded it for a 2015 GMC Yukon Denali, as it has a ton of space, usable 3rd row seats, and can tow his boat (he'd take his Ram truck on family holidays because the X5 wasn't the best for towing). An X5 with 4 kids might be very tight. He had a 2014 GL before the X5, which he liked for the space but not for the power as it was a diesel.

qbrozen

we have dedicated seats in each car (well, just down to 1 booster in each car now).

Yes, apparently Florida only requires a booster for children under 6 (so, yes, the 5-yr-old must be in one). However, I find that a bit disturbing as it really should be based on height. My oldest son is in the 90th percentile in height and, at 8 years old, he was just barely tall enough to not have the shoulder belt on his neck. I had to always tell him to "sit up straight!" in the car so it would be positioned correctly. BTW, NJ is anyone under 8 yrs or under 80 lb.

xwesx

I think Alaska is similar; I don't really pay attention to it, as it is more about my children being comfortably/securely seated than how we go about reaching that goal. For example, my son, who is just shy of eleven, still uses a booster. I don't think he must, but he prefers it, so he uses it. My daughter, seven, probably "must" use one, but she's tall enough to fit well with the three point belts on the car's "adult" seat. So, sometimes she doesn't use her booster because we're constantly swapping them between cars and if I pick them up without seats, they ride without seats.

My wife was somewhat fanatical about them always having their seats when they were little, but the graduation from five-point to three-point (booster) was when they were able to successfully buckle the car's belt themselves... about five yrs for each of them. We went to butt boosters for them both when we took our transcontinental trip (and just didn't want to deal with the bulk and discomfort of the full-backed boosters for a trip like that), and they both continue to use those.

As long as they're comfortable and securely buckled, all is well. But, when it comes to buying a new car, those child seats (and accessing them to secure the occupant) were a major consideration for us on all our primary (e.g., "family car") purchases to date.

cdnpinhead

juanduro said:

. . . her comments are that she does not want to be another soccer mom out there. . .

Yeah, well, reality is a 8itch. In fact, she's just another suburban mom.

Go figure.

qbrozen

i find the soccer mom comment funny because SUVs give off that vibe moreso than minivans these days.

juanduro

LOL.. I agree... but I'm not giving up my sports sedan for an SUV or minivan :-)

roadburner

I'm glad we held at one kid- it kept our vehicle options virtually wide open...