Real-World Trade-In Values

69moparguy

qbrozen said:

trade-in is typically $1k below auction value, so Edmunds actually got the SRT correct. Yours is about $25.5k-$26k at auction, hence me pegging it where I did.

The site I found it on said manual. Just checked again and found a pic. Definitely an auto. Doesn't seem to change the value, though.

I've been trading cars along time and I've never had a dealer tell me auction price was higher than Edmunds. You have to fight to get Edmunds price because they say I can't buy it at auction for that. Just like how you have my car, lower than Edmunds for trade in.

Edmunds is showing 37.8 for trade in on the SRT8 but I didn't see all of the options available.

explorerx4

Q,
Asked for your number on selling my Mom's 2011 low mileage Fiesta to a dealer.
You came in at 7- 7.5k easy.
Took it to CarMax and was offered 8000 (I'm shocked).
Original selling dealer offered 7500.
Giving my sister a chance to counter, but I'd like to get it done.
Thanks again!

qbrozen

69moparguy said:

qbrozen said:

trade-in is typically $1k below auction value, so Edmunds actually got the SRT correct. Yours is about $25.5k-$26k at auction, hence me pegging it where I did.

The site I found it on said manual. Just checked again and found a pic. Definitely an auto. Doesn't seem to change the value, though.

I've been trading cars along time and I've never had a dealer tell me auction price was higher than Edmunds. You have to fight to get Edmunds price because they say I can't buy it at auction for that. Just like how you have my car, lower than Edmunds for trade in.

Edmunds is showing 37.8 for trade in on the SRT8 but I didn't see all of the options available.

I can only report the actual data I have. I'm looking at real sales, not a made-up algorithm based on 3rd-party reports (I'm making that last part up; it would be based on tarot card readings for all I know).

kyfdx

Michaell said:

surferdudehb said:

Is this a fair price from a Toyota dealer?

Used 2014 Toyota Camry SE, Certified, $17,424 with 26,979 miles, clean car fax 1 owner zip code 77450.
TMV is at $17,822 certified and $ 16608 retail in xclent condition

Color?

And, we aren't the post office - what city and state is this?

It's Houston.. geez..

brian125

Q

Can you provide me with fair trade in and private sale price for 2013 EX Optima diamond white w grey leather 34k outstanding condition , needs tires . Options premium package, Pano roof , no Nav. zip 10305

andres3

brian125 said:

Q

Can you provide me with fair trade in and private sale price for 2013 EX Optima diamond white w grey leather 34k outstanding condition , needs tires . Options premium package, Pano roof , no Nav. zip 10305

LOL, in my book "needs tires" reduces outstanding to good for condition, but that's my book and it's not a NY Times best seller yet.

surferdudehb

Michaell said:

surferdudehb said:

Is this a fair price from a Toyota dealer?

Used 2014 Toyota Camry SE, Certified, $17,424 with 26,979 miles, clean car fax 1 owner zip code 77450.
TMV is at $17,822 certified and $ 16608 retail in xclent condition

Color?

And, we aren't the post office - what city and state is this?

Sorry,
Gray color, zip code 77450 Texas. I went to check out the car, it does have a rear backup camera. The car is in good condition except there's a big stain on the top right front passenger pillar. They said they will remove this stain.

They started the price at $21k since I didn't have cash to get the "Internet" price. I got them to lower it to 17k selling price. Went home after that.

How much lower can I get? BTW they said part of the drive off price, there's a $200 charge for the "tracking" device in case the car gets stolen..

Mr_Shiftright

10305 = NY city area.

surferdudehb

surferdudehb said:

Michaell said:

surferdudehb said:

Is this a fair price from a Toyota dealer?

Used 2014 Toyota Camry SE, Certified, $17,424 with 26,979 miles, clean car fax 1 owner zip code 77450.
TMV is at $17,822 certified and $ 16608 retail in xclent condition

Color?

And, we aren't the post office - what city and state is this?

Sorry,
Gray color, zip code 77450 Texas. I went to check out the car, it does have a rear backup camera. The car is in good condition except there's a big stain on the top right front passenger pillar. They said they will remove this stain.

They started the price at $21k since I didn't have cash to get the "Internet" price. I got them to lower it to 17k selling price. Went home after that.

How much lower can I get? BTW they said part of the drive off price, there's a $200 charge for the "tracking" device in case the car gets stolen..

Katy Houston TX

isellhondas

I have to wonder how this HUGE airbag recall is affecting trade values. Our Avalon has had an outstanding airbag recall going on a year now! No parts and Toyota is clueless as to when they might be available.

If I were to trade it in, the dealer would be stuck with it for who knows how long. They would have to find a place to store it while it declines in value and deteriorates in some storage lot.

The Honda store where I worked currently has a dozen or more nice used cars taken in trade that they can't sell.

Our CRV was also recalled for the airbag situation. I called them, three days later the car was fixed and I returned the loaner they let me use. I heard that Honda is putting people in long term loaners at no charge while parts arrive. Toyota flatly refused to do this for me!

So, suppose I decide to trade in the Avalon? Assuming the store has room to store it, how would they place a value on it? In one of these forums I read about someone whose lease was about to end on a BMW. This person wanted to write a check and just buy it out but BMW can't/won't let him do this because of the outstanding recall.

How can Takata even remain in business? What an absolute NIGHTMARE?

stickguy

Will be interesting to see what happens if they go bankrupt and shut the doors. Car makers would be on hook to find other sources. And pay for the bags.

brian125

Mr_Shiftright said:

10305 = NY city area.

Correct Staten Island, NY

mocyd

I'm looking to buy a 2013 Hyundai Genesis, 3.8L, Premium package, blue or silver with about 30k ish miles in clean condition through a company which buys cars at auctions and would appreciate some Southern California recent auction results.

Thanks

qbrozen

brian125 said:

Q

Can you provide me with fair trade in and private sale price for 2013 EX Optima diamond white w grey leather 34k outstanding condition , needs tires . Options premium package, Pano roof , no Nav. zip 10305

about $12k

qbrozen

surferdudehb said:

Michaell said:

surferdudehb said:

Is this a fair price from a Toyota dealer?

Used 2014 Toyota Camry SE, Certified, $17,424 with 26,979 miles, clean car fax 1 owner zip code 77450.
TMV is at $17,822 certified and $ 16608 retail in xclent condition

Color?

And, we aren't the post office - what city and state is this?

Sorry,
Gray color, zip code 77450 Texas. I went to check out the car, it does have a rear backup camera. The car is in good condition except there's a big stain on the top right front passenger pillar. They said they will remove this stain.

They started the price at $21k since I didn't have cash to get the "Internet" price. I got them to lower it to 17k selling price. Went home after that.

How much lower can I get? BTW they said part of the drive off price, there's a $200 charge for the "tracking" device in case the car gets stolen..

how many cylinders?

qbrozen

mocyd said:

I'm looking to buy a 2013 Hyundai Genesis, 3.8L, Premium package, blue or silver with about 30k ish miles in clean condition through a company which buys cars at auctions and would appreciate some Southern California recent auction results.

Thanks

Since you say Premium, I'm assuming sedan. Believe it or not, I have ZERO comps for this vehicle. However, a few standard V6 sedans have gone through SF Bay for $17k. I have a feeling they just list them all under standard.

jpp75

isellhondas said:

I have to wonder how this HUGE airbag recall is affecting trade values. Our Avalon has had an outstanding airbag recall going on a year now! No parts and Toyota is clueless as to when they might be available.

If I were to trade it in, the dealer would be stuck with it for who knows how long. They would have to find a place to store it while it declines in value and deteriorates in some storage lot.

The Honda store where I worked currently has a dozen or more nice used cars taken in trade that they can't sell.

Our CRV was also recalled for the airbag situation. I called them, three days later the car was fixed and I returned the loaner they let me use. I heard that Honda is putting people in long term loaners at no charge while parts arrive. Toyota flatly refused to do this for me!

So, suppose I decide to trade in the Avalon? Assuming the store has room to store it, how would they place a value on it? In one of these forums I read about someone whose lease was about to end on a BMW. This person wanted to write a check and just buy it out but BMW can't/won't let him do this because of the outstanding recall.

How can Takata even remain in business? What an absolute NIGHTMARE?

My 2002 Pathfinder was recalled for the passenger side air bag almost 2 years ago. They fixed it, then later I heard the driver's side air bag was also recalled but I haven't gotten a notice on that yet.

@isellhondas I had a 2001 Avalon for a work car, I bought it from a friend and used it for my travels around the southeast and midatlantic. It was definitely one of the high water marks for Toyota.

buck0086

I'm looking for a trade-in value for my 2008 RAV4:

143,000
Limited Sport Utility 4D
V6, 3.5 LIter
Automatic, 5-Spd w/Overdrive 4WD
Traction Control
Stability Control
ABS (4-Wheel)
AC
Power Windows
Power Door Locks
Cruise Control
Power Steering
Tilt Wheel
AM/FM Stereo
CD Multi Disc/MP3
JBL Premium Sound
Bluetooth Wireless
Dual Air Bags
Side Air Bags
Power Seat
Leather
Moon Roof
Roof Rack
Alloy Wheels
Beige Exterior

Hope that's what you need. Thanks for the help.

nyccarguy

buck0086 said:

I'm looking for a trade-in value for my 2008 RAV4: 143,000 Limited Sport Utility 4D V6, 3.5 LIter Automatic, 5-Spd w/Overdrive 4WD Traction Control Stability Control ABS (4-Wheel) AC Power Windows Power Door Locks Cruise Control Power Steering Tilt Wheel AM/FM Stereo CD Multi Disc/MP3 JBL Premium Sound Bluetooth Wireless Dual Air Bags Side Air Bags Power Seat Leather Moon Roof Roof Rack Alloy Wheels Beige Exterior Hope that's what you need. Thanks for the help.

What city or region of the country are you located in?

Michaell

buck0086 said:

I'm looking for a trade-in value for my 2008 RAV4: 143,000 Limited Sport Utility 4D V6, 3.5 LIter Automatic, 5-Spd w/Overdrive 4WD Traction Control Stability Control ABS (4-Wheel) AC Power Windows Power Door Locks Cruise Control Power Steering Tilt Wheel AM/FM Stereo CD Multi Disc/MP3 JBL Premium Sound Bluetooth Wireless Dual Air Bags Side Air Bags Power Seat Leather Moon Roof Roof Rack Alloy Wheels Beige Exterior Hope that's what you need. Thanks for the help.

What city and state?

what condition is it in?

Mr_Shiftright

So, we need:

location (city and state)
overall condition
exterior color

mocyd

I was looking for the Sedan value, with the Premium package.

Thanks

buck0086

Michaell said:

buck0086 said:

I'm looking for a trade-in value for my 2008 RAV4:

143,000
Limited Sport Utility 4D
V6, 3.5 LIter
Automatic, 5-Spd w/Overdrive 4WD
Traction Control
Stability Control
ABS (4-Wheel)
AC
Power Windows
Power Door Locks
Cruise Control
Power Steering
Tilt Wheel
AM/FM Stereo
CD Multi Disc/MP3
JBL Premium Sound
Bluetooth Wireless
Dual Air Bags
Side Air Bags
Power Seat
Leather
Moon Roof
Roof Rack
Alloy Wheels
Beige Exterior

Hope that's what you need. Thanks for the help.

What city and state?

what condition is it in?

Burnsville, MN--According to KBB it would be GOOD condition. Thanks.

surferdudehb

qbrozen said:

surferdudehb said:

Michaell said:

surferdudehb said:

Is this a fair price from a Toyota dealer?

Used 2014 Toyota Camry SE, Certified, $17,424 with 26,979 miles, clean car fax 1 owner zip code 77450.
TMV is at $17,822 certified and $ 16608 retail in xclent condition

Color?

And, we aren't the post office - what city and state is this?

Sorry,
Gray color, zip code 77450 Texas. I went to check out the car, it does have a rear backup camera. The car is in good condition except there's a big stain on the top right front passenger pillar. They said they will remove this stain.

They started the price at $21k since I didn't have cash to get the "Internet" price. I got them to lower it to 17k selling price. Went home after that.

How much lower can I get? BTW they said part of the drive off price, there's a $200 charge for the "tracking" device in case the car gets stolen..

how many cylinders?

4 cylinders - 2.5L I4 SMPI DOHC

qbrozen

$5k-$5500 on the Rav4.

Camry SE 4-banger would be $16.5k fair retail. No idea what CPO adds to a 'yota or what it costs the dealer. But $500 seems more than reasonable.

henryn

Minnesota, rats. If you were closer, I'd make you an offer on that Rav4.

buck0086

qbrozen said:

$5k-$5500 on the Rav4.

Thanks for the help! I really appreciate it!

surferdudehb

Looking to purchase this car from a Honda dealer, please appraise car, thx.

Zip code 77450
City Houston, TX
2013 Toyota Highlander Base model, color gray
52,797 miles
v 4 2.70l liter
Fwd drive
Carfax - one owner, no accident

TMV shows $22,602 for retail in excellent condition

qbrozen

TMV is about $1k too high. $22k would be my suggested max.
If they took it on trade, they probably paid $19k for it at most.

stever

Friend's dad just died up around Colorado Springs and the mom wants to sell his truck. Missing some details, but it's a 2005 Ford F-250 XLT Lariat Crew Cab diesel with a trailer hitch and an Astro topper. 5 speed automatic transmission with 65,500 miles. One owner. VIN says it's a 4WD, 6.0 V8 turbo diesel. Thanks.

qbrozen

Thats sooo tough. There was one with 82k miles deemed average that only got $13k. That was Phoenix, I might add. The next 3 (90k-99k miles) were in places more likely to demand 4wd and got $16,500-$17,500, and all deemed above average. As long as It is really nice, I'd think it should be in the pricier group.

Mr_Shiftright

That rig would bring strong money in California. If it's super clean and with those low miles you could start off at $21,500 and in a pinch take $19K for it.

stever

thank you!

surferdudehb

surferdudehb said:

Looking to purchase this car from a Honda dealer, please appraise car, thx.

Zip code 77450
City Houston, TX
2013 Toyota Highlander Base model, color gray
52,797 miles
v 4 2.70l liter
Fwd drive
Carfax - one owner, no accident

TMV shows $22,602 for retail in excellent condition

Ok on 22k. Right now Internet price is at $23,742

brian125

Q

What would you offer for this vehicle . Any Red flags ? Close estimation what dealer bought back for ? Does not look like a CPO . This was listed only 22 days in Carguru. Was $38600...dropped now to $37549 today

http://www.mboflancaster.com/used/2014/acura/mdx/2014-acura-mdx-east-petersburg-for-sale-5fryd4h44eb049246

driveinpa

I am interested in trading in my 2013 Honda Pilot Touring for a new Pilot or Highlander. It has 70,500 miles and is black with black leather. Condition is average to above average in zip code 19422. What is the estimated value if I trade it in? Thanks for your help.

qbrozen

MDX - most are trading in the $36k range. Wonder why this one is so cheap and not selling.

Pilot - AWD or FWD? I am not the post office, so your zip code means nothing to me. How are the tires and other maintenance items?

driveinpa

Pilot is AWD. Location is southeastern PA just outside of Philadelphia. I had new brakes put on a few months ago - my recent service noted the tire treads at 9.

qbrozen

That many miles puts you in poor company. Maybe $21k-$22k.

surferdudehb

Looking at this 2013 Toyota Highlander from a Toyota dealership.

2013 Gray Toyota Highlander
Internet price $23,887
Base model
4 cylinder
Mileage 41,702
Zip code 77070, Houston TX
The car is not certified

TMV is showing $23,342 for dealer retail uncertified in xcelent condition

tigerheel

Coming to the end of a lease on a 2014 Lexus IS250 AWD. Residual is 31,162. Getting a trade in value of 27698, private party of 29722 and dealer retail of 31430. I like the car but with a residual that high does it really make sense to buy it? Or just turn it in and make a new lease in a 2016?

kyfdx

tigerheel said:

Coming to the end of a lease on a 2014 Lexus IS250 AWD. Residual is 31,162. Getting a trade in value of 27698, private party of 29722 and dealer retail of 31430. I like the car but with a residual that high does it really make sense to buy it? Or just turn it in and make a new lease in a 2016?

No.. it makes no sense to buy at that price.

andres3

kyfdx said:

tigerheel said:

Coming to the end of a lease on a 2014 Lexus IS250 AWD. Residual is 31,162. Getting a trade in value of 27698, private party of 29722 and dealer retail of 31430. I like the car but with a residual that high does it really make sense to buy it? Or just turn it in and make a new lease in a 2016?

No.. it makes no sense to buy at that price.

To play devil's advocate, it could make sense if you can agree with all of the below:

1) The car is in flawless very well maintained condition
2) The car has been flawless reliability wise.
3) You value a super durable vehicle
4) You love the car.

qbrozen

surferdudehb said:

Looking at this 2013 Toyota Highlander from a Toyota dealership.

2013 Gray Toyota Highlander
Internet price $23,887
Base model
4 cylinder
Mileage 41,702
Zip code 77070, Houston TX
The car is not certified

TMV is showing $23,342 for dealer retail uncertified in xcelent condition

the difference in miles compared to the 52k-mile example you looked at would amount to about $800 difference in value.

qbrozen

tigerheel said:

Coming to the end of a lease on a 2014 Lexus IS250 AWD. Residual is 31,162. Getting a trade in value of 27698, private party of 29722 and dealer retail of 31430. I like the car but with a residual that high does it really make sense to buy it? Or just turn it in and make a new lease in a 2016?

that's not enough info for me to judge it

xwesx

Maybe add a couple more on top of those, andres....

5) You plan to keep it a long while if you do buy, and
6) You want to get out of the leasing game.



If either of those things are not true, then you'll probably spend less money in the long run by just getting into another lease and letting this car go.

pblx5

I am interested in trading in our 2013 Toyota Camry Hybrid XLE. Can you provide info on a reasonable trade value. We are in the DC Metro. The vehicle has 19,500 miles on it and is in very good condition. The car has blind spot monitor, upgraded jbl audio, entune and navigation with the 8 inch screen, leather/suede seating, heated front seats, moonroof, etc. Thanks!

qbrozen

Assuming it is not a crazy color, you should see about $15k-$15.5k for your camry on trade.

boostedf150

I am trying to figure out what to do. I have 2 payments left on my lease and way over on miles so thinking about trading in my vehicle vs turning it in and getting whacked with big penalties vs a little perceived negative equity. Can anyone give me a ballpark trade in on my 2013 Ford F-150 4x4 supercrew with 3.5 ecoboost, chrome, plus package, leather, heated cooled seats, 20" wheels, navigation, 52000 miles and in clean condition, new tires and brakes. Thanks I'm in ri 02886 if that helps

Michaell

boostedf150 said:

I am trying to figure out what to do. I have 2 payments left on my lease and way over on miles so thinking about trading in my vehicle vs turning it in and getting whacked with big penalties vs a little perceived negative equity. Can anyone give me a ballpark trade in on my 2013 Ford F-150 4x4 supercrew with 3.5 ecoboost, chrome, plus package, leather, heated cooled seats, 20" wheels, navigation, 52000 miles and in clean condition, new tires and brakes. Thanks I'm in ri 02886 if that helps

What color, inside and out?