Real-World Trade-In Values

boostedf150

White platinum metallic, pale Adobe interior

explorerx4

Lariat, Limited? Definitely not XL.

boostedf150

Lol, it's a lariat, I don't know how that slipped my mind

Mr_Shiftright

My geography adviser tells me that's in Rhode Island.

boostedf150

Why yes, yes it is

Mr_Shiftright

It's an inside joke around here, if you post your zip code but don't tell us where it actually is.

stickguy

shifty, he did put ri in there along with the zip.

stickguy

explorerx4 said:

Lariat, Limited? Definitely not XL.

Oh, that most definitely is an XL. maybe even an XXL!

boostedf150

Guess next time I will put RI in caps and bold

qbrozen

About $27.5k-$28k on the f150.
what are your buyout and residual?

boostedf150

Ouch,buyout is 33500 and residual is 32500, I was hopi g to be closer to 30000

Michaell

boostedf150 said:

Ouch,buyout is 33500 and residual is 32500, I was hopi g to be closer to 30000

 Sounds like it might be cheaper just to keep it until the end of the lease and pay the mileage  penalty. 

boostedf150

Thanks guys

qbrozen

well, if you lease another Ford, they may be kind to you.

boostedf150

I spoke to a guy on a ford forum and he mentioned that the dealers have a "accelerate" page that with the vin and the excess mileage ford will offer them a below residual buyout which at that point I could possibly buy the car from the dealer at that price vs my residual. That is my next step

Mr_Shiftright

@boostedf150 --WELL I'M FROM ca SO MY VISION HAS TROUBLE FOCUSING ON ANY STATE SMALLER THAN MAINE (My apologies for the oversite!)

ykruss

Can I expect better trade-in value than Edmunds shows?

2005 Honda Element LX, FWD, Auto, Sunset Orange color, 147,000 miles, clean condition.
Northern Virginia, DC metro area.

Edmunds True Market Value is $3250.

henryn

^^^ 11 years old, with 147k miles, I really don't think any dealer would be interested in it. This is probably one that you really, really should sell yourself.

stever

Judging by all the rescue doggie pics over in Cars & Conversations this weekend, someone over there should buy it. Dog owners really love their Elements.

suydam

Buick Encore is a great dog car. And much nicer for their humans!

qbrozen

ykruss said:

Can I expect better trade-in value than Edmunds shows? 2005 Honda Element LX, FWD, Auto, Sunset Orange color, 147,000 miles, clean condition. Northern Virginia, DC metro area. Edmunds True Market Value is $3250.

I think Edmunds is shooting high on this one. It has near 150k, it is orange, it is FWD, and it is an LX. The only positive here is that it is a Honda. $2500-$3k as a trade. Sell it yourself and probably get $5k.

stickguy

I know one person that has an Element. She also has a huge dog (a mastiff or some such that weighs more than she does).

tommister2

tommister2 said:

qbrozen said:

$23-$24k.

That is more than I would have thought. Glad I asked before shopping it around. Will let you know what happens.

Finally took the Mustang to Carmax tonight. The offered $23k - @qbrozen nailed it again! Pretty sure I'll take it back there later this week and get my check, since the wife wants to move.

screammyname

2013 Caddy Srx.  Perfect interior.  Small chipped windshield and older tires.  Black luxury model (panoramic sunroof, heated seats, lane departure warning, heated steering wheel, etc.). Wanting to trade it in early on a new Range Rover but the caddy is a lease.  I think we are even in value vs money owed but I don't want to be upside down.  Thank you for your consideration!!

Mr_Shiftright

You are in Texas? What metro area?

cdnpinhead

2004 Pathfinder SE 4 X 4, fair condition, Phoenix, 170K miles, silver, 80% tires. Thanks

Michaell

screammyname said:

2013 Caddy Srx.  Perfect interior.  Small chipped windshield and older tires.  Black luxury model (panoramic sunroof, heated seats, lane departure warning, heated steering wheel, etc.). Wanting to trade it in early on a new Range Rover but the caddy is a lease.  I think we are even in value vs money owed but I don't want to be upside down.  Thank you for your consideration!!

How many miles?

nyccarguy

screammyname said:

2013 Caddy Srx.  Perfect interior.  Small chipped windshield and older tires.  Black luxury model (panoramic sunroof, heated seats, lane departure warning, heated steering wheel, etc.). Wanting to trade it in early on a new Range Rover but the caddy is a lease.  I think we are even in value vs money owed but I don't want to be upside down.  Thank you for your consideration!!

2WD or 4WD?

dafortworth

Ok here we go. Trade in value, in the Dallas/Fort Worth Metroplex, for a 2013 Nissan Altima S sedan 65k miles, black/black. New tires, good paint, flawless interior, small windshield crack (smaller that a nail head). Dealer quoted me 8500 and stated there are too many of them in the area due to rental companies purchasing these. I am not in the mood to lose 12k in less than three years so if that is all this thing is worth then I guess I am out of the market and stuck with it. Please advise.

Mr_Shiftright

Sounds about right on a trade. You can buy these all day long retail at $10K--$12K. So maybe a private sale would net you another $2K.

malloreeh

I currently lease a 2014 Avalon that I got a good deal on ($260/mo incl tax & gap) and my lease is coming up in August. I'm not yet over my mileage (30k) but I will be shortly so I'm trying to look at all my options. The car is fine and has great features but I don't love it so I'm definitely not interested in purchasing it. I'm pretty certain I've got some negative equity if I were to trade it in today but as to how much, I'm not entirely certain.

Kansas City
2014 Toyota Avalon Limited
Mileage: 29,300
Exterior: Gray
Interior: Black Leather
Residual: $26,733.00
Payoff: $27,468.59
Condition: Clean/Good. The only interior issue is a small fabric flaw in the headliner fabric above the driver's door where my glasses (on top of my head) caught and snagged. It's very small and I'm not sure of how noticeable to others but my eyes are always drawn to it. It also has two or three door dings and a tiny bit of curb rash on one wheel. It also needs tires.

Basically, I am trying to figure out if it would be better financially to trade in my Avalon on something else and pay any negative equity up front (I don't want to roll it in) and start fresh. Or, should I ride out the remainder of my lease, in which case I'll probably be about 2500 miles over, and I'll have to pay to repair the door dings, wheel and purchase tires. ToyotaCare is also up so the 30k service will be out of pocket, too.

I'm also considering the possibility of extending my lease for a few months to keep a payment that's under $300 but that's really a worst case scenario. I don't want to keep this car so I really don't want to torture myself with it any longer.

jagsbugs

Hi, have 1 owner 2006 Sequoia 4x2 SR5, but has leather, sunroof, headrest video, running boards, etc.. basically all limited options. 140k all maintenance up to date and 9/10 exterior, 10/10 mechanical. What sort of trade in value vs. retail, and still not sure if I'm keeping or not. Got a great lease deal on 2016 Ram 1500 ecodiesel MSRP $51k for $455/month on 36month/15k mile per year.. Thoughts

stickguy

Where is it, and what color?

jagsbugs

White- Florida

Mr_Shiftright

Q and others: Help me hang a Private Party Retail price tag on my 2003 Mini Cooper S, fully loaded up with everything except NAV, British racing green, black leather, 124,000 miles, clean with normal little bits of wear and tear inside and out, SF Bay Area. Good maintenance records.

henryn

13 year old Mini Cooper, hmm... I have the impression (just from reading here and other places), these are prone to breakage, hard to work on, expensive to keep running, ....

Good luck with that!

steine13

>> [..] prone to breakage, hard to work on, expensive to keep running

But consider the provenance!

-Mathias

stickguy

Even more important. What's replacing it?

isellhondas

Mr_Shiftright said:

Q and others: Help me hang a Private Party Retail price tag on my 2003 Mini Cooper S, fully loaded up with everything except NAV, British racing green, black leather, 124,000 miles, clean with normal little bits of wear and tear inside and out, SF Bay Area. Good maintenance records.

Don't forget to add "Celebrity Owned" I think you've picked a good time to sell it!

stickguy

I got a real one of those to post soon. Reported to have been the actual car driven by a character in Rocky V. first I knew that there was a V, so maybe not the most valuable movie car.

a white 1990 Allante. I believe it is this one:

Mr_Shiftright

HAHAHA.....no, I'm not telling what's replacing the Mini Cooper just yet, but it'll be faster and better, I can say that much. And a stick shift, of course. And foreign. And brutally expensive to repair. Why stop being stupid this late in life?

How does $4900 sound for the MINI? Does that make a man shrink in terror?

The Mini Cooper is a love/hate thing. To be fair, it never actually let me down, as in "stranded". But it did nickel and dime me (oh, how I wish it were real nickels and dimes) until about two years ago, when I finally exhausted, or should I say, exorcised, its demons. Now it's been an angel, you know, like that kid in the Twilight Zone who eventually kills his parents?

Short answer--when BMW built the early Minis, they were kind enough to let their customers do the R&D for them. But it was FUN to drive. It never let down in that capacity, and the early supercharged cars are still among the most fun to drive in the subcompact category.

Now how do I get paid for saying that?

stickguy

I test drove a Mini S when they very first came out. It was quite the hoot. But kinda on the small side with 2 kids!

5K? I would just keep walking on by. But that's just me.

I just saw that my local guy got a pretty sounding Boxster S in. a 2005, with only 26K miles on it. Midnight blue over terracotta. Sounds gorgeous. Got listed as sale pending before the pictures even got up, so I guess will never see what it looks like.

I think it was list at about $22k. And no clue if the IMS repair was done!

Mr_Shiftright

Well if the IMS wasn't done, then he's pointing a revolver with one bullet in it at his head, sad to say. Click away.

Ironically, the lower the miles, the greater the risk. Best to just have it done now for $3500, for peace of mind.

Mr_Shiftright

You'd walk at $5K? But....but....you haven't even SEEN this beauty (it's very nice). I mean....$5K? You can't even buy a used Kia Rio for that! Have mercy.

stickguy

assuming that the IMS was done (and done right), what would be real world value on something like this? Just curious, since I really have no idea.

stickguy

I'll give you $2,800 cash for the Mini. But you have to deliver it. to NJ.

Mr_Shiftright

Well I don't know, that's 3,000 miles out of my way....

Mr_Shiftright

stickguy said:

assuming that the IMS was done (and done right), what would be real world value on something like this? Just curious, since I really have no idea.

A 2005 Boxster S with say 75,000 miles and IMS bearing done should retail around $15,000. I'm not sure extra low miles would add much because they made a boatload of Boxsters and a buyer has an abundance to choose from in every color and configuration. Fun car to drive though, if you aren't too tall. Aside from IMS you also have to worry about head gasket problems and rear main seal leaks. This was not a good engine design.

HINT: Porsches turbos, and their race cars, used the old 993 block and added water cooling to it.

stickguy

sounds like a perfect car for someone else to buy, and let me drive occasionally.

Too bad I can't fit in a Miata (outside of the newest iteration). At least those are reliable!

A Z4 might be fun too. Though I think a 4 seat convertible of some kind makes more sense if I decide to get a drop top.

Mr_Shiftright

This is a dealer friend of mine who is selling a super nice E320 convertible. A tad pricey, though--but very low miles and complete service records.

http://hitecauto.us/car-listing/1994-mercedes-e320-convertible/

I'd be glad to take it for a spin for you