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Real-World Trade-In Values

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Comments

  • stickguystickguy Member Posts: 53,330
    looks nice. Like the colors. Too old for me though. I have a kid in college younger than that one.

    this is more like what I was thinking. Just at about 1/2 the price.

    http://www.aviautosales.com/2013_MercedesBenz_EClass_Magnolia_NJ_2159168.veh

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • steverstever Guest Posts: 52,454
    edited April 2016
    @Mr_Shiftright, same idea as @stickguy but Las Cruces is just a two day drive. I'll give you the Grand Caravan in exchange or, failing that, I'll drive you to the airport in El Paso (or you can visit your relations on the way down). :D
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    If I had a dream about myself driving a Grand Caravan, I'd probably wake up screaming. B) I would swap for a good running Triumph motorcycle however.
  • steverstever Guest Posts: 52,454
    Ah, but you could carry the bike home in the back of the van. :)
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    I got me a pick-me-up already, remember? That Dodge Dakota turned out to be a real sweetheart---no problems after my initial once-over.
  • steverstever Guest Posts: 52,454
    You'd expose a nice Triumph to rain and hail and theft hauling it in the back of a pickup? And that liftover height, ouch.

    Shameful. :D
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    I live in California---we don't have rain and hail, and I'll be home in 16 hours.
  • isellhondasisellhondas Member Posts: 20,342

    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 :)



    Color preference is so subjective! Stickguy likes the color of that E 320 but I think it really hurts the car. It's a love it or hate it color that (in my opinion) would turn off a lot of would be buyers.

    And, it's spent time in Hawaii too so I would be watchful of corrosion. I grew up on the coast in So. Calif and cars never rusted. We would get pitted chrome but never rust. In Hawaii, especially on Maui it's a different story. The combination of the humidity and salt air can cause problems. I would want to get that Benz up on a rack for a look see.
  • kyfdxkyfdx Moderator Posts: 265,429
    I was thinking about $5K for the MINI S, as well.. $4900 asking and let it go for anything at $4500 or above.

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  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    I know this is a tough audience but when people see the car, most seem to think that price is quite fair for what you get. I mean, how many super-shiny, charming, insufferably cute, media-darling, fun-to-drive cars can you buy for that $4900 chump change? What? A clapped out Miata with 365,000 miles on it? A Camaro with bullet holes?
  • qbrozenqbrozen Member Posts: 33,733
    sorry, folks. been on vacation and forgot to turn my out-of-forums autonotification on. :b

    lemme try to catch up...

    '04 Pathfinder SE 4x4 with alotta miles. They might throw $1k at it. Maybe up to $1500 just to make a deal happen.

    That '13 Altima really should be pulling more considering the tires and reported condition. Although if the windshield truly needs to be replaced (rather than repaired), then that might explain it. If it weren't for that, I would peg it at $9500-$10k trade. There are plenty of rough ones out there from the rental companies for less, but you get what you pay for.

    '14 Avalon should be around $23k-$24k. Most companies forgive minor door dings and wheel rash. Check your contract. Some companies even spell it out such as "any cosmetic repairs under $500" or something like that.

    2wd Sequoia? $4500-$5k.

    Mini - I think most dealers would have to be asking $6495-$6995 on such a vehicle (~$3500 auction price), so considering your stack of receipts and options and color combo, I'd probably be bold at $5495-$5995 for starters.

    If I missed anybody, please repost all info.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • cdnpinheadcdnpinhead Member Posts: 5,617
    '04 Pathfinder SE 4x4 with alotta miles. They might throw $1k at it. Maybe up to $1500 just to make a deal happen.

    Thanks, Q. I figured you must be on vacation. Any stabs in the dark as to what it might be worth private party here in AZ. The thing still runs great and has been more-or-less indestructible.
    '08 Acura TSX, '17 Subaru Forester
  • qbrozenqbrozen Member Posts: 33,733
    You could try $4995 and see what happens. $4k would be a pretty good deal for both parties.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • cdnpinheadcdnpinhead Member Posts: 5,617
    Thanks again.
    '08 Acura TSX, '17 Subaru Forester
  • jagsbugsjagsbugs Member Posts: 21
    What's trade in vs. retail on 2006 sequoia SR5- full leather, roof rack, headrest video, 140k miles white. Mechanical is 10/10, condition overall 8.5/10. Florida Thanks
  • jpp75jpp75 Member Posts: 1,535
    @qbrozen Need some help on pricing out my aunt's Cadillac. 1998 DeVille Concours, sunroof, heated seats, rain sensing wipers. It's white with white leather and located in Southern Virginia. It has 115,000 miles, the Northstar issues have been resolved and it's in pristine condition.

    This should be a private sale, but she's not in a position to sell it on her own.
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    My two cents-----Private party retail....maybe $5,000 if you hit a home run, $3,500 for a quick sale. Trade--practically nothing---dealer might give you $1500 if you're buying something new.
  • andres3andres3 Member Posts: 13,923
    Anyone know if the typical dealership will do the Carmax model of giving you something for your trade regardless if you buy or not? I suppose if the offer is low enough they'll do it.
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • tommister2tommister2 Member Posts: 393
    andres3 said:
    Anyone know if the typical dealership will do the Carmax model of giving you something for your trade regardless if you buy or not? I suppose if the offer is low enough they'll do it.
    I believe that's called a buy bid. Many dealers in my area have signs out front saying they buy cars. Some even say they will beat carmax offers.
    2011 Toyota Camry, 2014 Jeep Wrangler, 2017 Honda Civic Coupe, 2019 Toyota Rav4 Hybrid XSE, 2021 Toyota Tundra, 2022 Toyota 4Runner, 2022 Tesla Model 3
  • henrynhenryn Member Posts: 4,289

    My two cents-----Private party retail....maybe $5,000 if you hit a home run, $3,500 for a quick sale. Trade--practically nothing---dealer might give you $1500 if you're buying something new.


    We're talking about the 98 DeVille with 115k miles, correct? Having bought and sold a number of Cadillac DeVilles, I would have to agree. $5k would be a "home run" for sure (very unlikely to happen, but anything is possible). I actually doubt you could sell it quickly for more than $2 to $2.5. This car is too old, upkeep is expensive, no way I would touch that car.

    Strictly out of curiosity, what was meant by "the Northstar issues have been resolved". There are basically 2 issues with the Northstar. Number one, and far more serious, are the headgaskets. Repairing the headgaskets properly (using studs) runs about $3k minimum. The dealer will charge you over $4k to use inserts, which are not as reliable as going aftermarket with the studs.

    The number two issues with the Northstar are the oil leaks. That repair also runs more than the car is worth, but most people can safely ignore that. The car keeps running, you just get oil spots on your driveway or garage floor.
    2023 Chevrolet Silverado, 2019 Chrysler Pacifica
  • qbrozenqbrozen Member Posts: 33,733
    jagsbugs said:

    What's trade in vs. retail on 2006 sequoia SR5- full leather, roof rack, headrest video, 140k miles white. Mechanical is 10/10, condition overall 8.5/10. Florida Thanks

    I had answered $4500-$5k trade, so figure asking $7995 is shooting for the moon private party, taking $6500-$7k. Dealer would list it for probably about $9k.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • qbrozenqbrozen Member Posts: 33,733
    jpp5862 said:

    @qbrozen Need some help on pricing out my aunt's Cadillac. 1998 DeVille Concours, sunroof, heated seats, rain sensing wipers. It's white with white leather and located in Southern Virginia. It has 115,000 miles, the Northstar issues have been resolved and it's in pristine condition.

    This should be a private sale, but she's not in a position to sell it on her own.

    sooo... is it a trade-in?? You'll see a goodwill $500 for it.

    As others have said, this is a tough sell. But, if truly pristine, I'd bet some sucker will come along. Maybe even Ebay the thing. I could see $3500-$4k happening.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • jwm40517jwm40517 Member Posts: 303
    What should I do with my 2002 Mazda MPV ES van that we bought new. About 157K miles, never been in an accident, a few minor parking lot dings. Perfect leather. Black outside and tan leather in. Roof rack and spoiler. Located Lexington,Ky . Unfortunately had to replace water pump and alternator in the last two years and recent battery.Tires have some life left, not alot. Brakes and rotors about 10K ago. Insurance is up May 20 & I would like for it to be gone before then.

    We have an area with a bunch of BHPH car lots and I was thinking about driving into a few and see about offers. Would $1000 be out of the question?

    I have already replaced it with my old geezer car, a low mile 2007 Mercury GM LS, truly a leather couch on wheels as someone described them.

  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    I think this should be sold privately. Hang a $2995 price tag on it and first person with some cash and a valid birth certificate, hammer out a deal with them and take anything over $2K. A BHPH dealer might bite but you know, welcome to the shark tank.
  • jpp75jpp75 Member Posts: 1,535
    Thanks @qbrozen @henryn and @mr_shiftright

    I'm hoping for $3k on a private sale if we can find someone to handle the details for her.

    @henryn the head gaskets were replaced by her brother in law before she bought it. I'm not sure about oil leaks but I know she hasn't had any problems with it in the last 50k miles.
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    Maybe one of those "for sale" lots (Lemon Lots) will broker it.
  • jpp75jpp75 Member Posts: 1,535

    Maybe one of those "for sale" lots (Lemon Lots) will broker it.

    She lives in a small town in a rural area. You can still buy a Lincoln MKZ, white on white leather....but you have to pay the "regional adjustment" premium to buy from a dealer in that area......so a broker probably isn't her friend here.
  • jwm40517jwm40517 Member Posts: 303
    For my Mazda the Edmunds site in average condition, it only books for $1366 private party and $913 trade. It is pretty nice but may be hard to justify clean. Clean is $2070 PP and $1418 trade, thus my low expectations.
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    Ah, I thought it was nicer than that from your prior description---well, adjust accordingly. It's pretty difficult to zero on an older vehicle if you can't see it or review plenty of photos. On a 2-3 year old car, you can make some assumptions.
  • qbrozenqbrozen Member Posts: 33,733
    edmunds doesn't seem to get the trade/PP split accurate on older cars like this. So what do they say retail is? $2500? Dealers just don't want to go through the trouble for $1500 profit. (which really is more like half that after expenses.)

    Anyway, $750-$1k trade isn't unreasonable. But, that would put fair PP more like $2500 and retail about $1k over that. I think shifty is accurate with the $2995 price tag.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • xwesxxwesx Member Posts: 17,676
    When a vehicle gets this old, you have to consider that it's basically used up. Yes, it might be "perfect" right now, but it's still used up. So, if you want top dollar out of it, then it's gonna take some time and effort to get that. But, if you just want to cut it loose and move on to the next one, then just post it on CL for $1K, maybe $1,500, and divest yourself from it quickly (while possibly helping out somebody who could really use that "perfect" transport for the next six-months-to-a-year before it needs something major).
    2018 Subaru Crosstrek, 2014 Audi Q7 TDI, 2013 Subaru Forester, 2013 Ford F250 Lariat D, 1976 Ford F250, 1969 Chevrolet C20, 1969 Ford Econoline 100
  • jpp75jpp75 Member Posts: 1,535
    xwesx said:

    When a vehicle gets this old, you have to consider that it's basically used up. Yes, it might be "perfect" right now, but it's still used up. So, if you want top dollar out of it, then it's gonna take some time and effort to get that. But, if you just want to cut it loose and move on to the next one, then just post it on CL for $1K, maybe $1,500, and divest yourself from it quickly (while possibly helping out somebody who could really use that "perfect" transport for the next six-months-to-a-year before it needs something major).

    Yeah at 18 years old it's pretty much done, regardless of how great it looks it's a dead man walking.

    Thanks again for the advice, I'm seeing if a friend of the family who lives in a more populated area can help her sell it. $2,995 and take the first $2K that comes along.
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    Someone will jump on it for $2K and then you're done. Think of a large pyramid. At the peak is this car advertised at a very high price. At the bottom is this car advertised at a very attractive price.

    Inside this pyramid you will notice that there's very little room at the tip for many buyers to fit--maybe only one tiny buyer, who could be living 3000 miles from you. It could take you months to find him, or him to find you. He might get lost or die in the meantime.

    At the bottom, however, there's plenty of room for a large number of active buyers to make their offers.

    You need a buyer like me---a bottom-feeding opportunistic lurker who carries a wad of crumpled up bills in his pocket at all time, looking for a "deal". B)
  • xwesxxwesx Member Posts: 17,676
    Oh, there are a lot of those out there!

    And, there are also a lot of folks who are just trying to scrape by, who try to get you into all sorts of creative arrangements so they can drive the car away today. The problem is that often these folks don't make good on the payments, and even more often the car doesn't last through the payment period without some sort of major unforeseen issue. When that happens, they always walk away, so you get stuck holding the bag whichever way it goes. LOL

    When I'm looking to divest from an aged car like that, I price it in the cheap range to start so that everyone, even the folks who usually want to make payments, etc., see the value in the purchase. They just hand me the cash and go.

    jpp - my prior response was aimed at the Mazda moreso than the Caddy (in terms of the asking price suggested).
    2018 Subaru Crosstrek, 2014 Audi Q7 TDI, 2013 Subaru Forester, 2013 Ford F250 Lariat D, 1976 Ford F250, 1969 Chevrolet C20, 1969 Ford Econoline 100
  • nodave3dnodave3d Member Posts: 4
    New to this site and would appreciate an approximation of the trade in value on a
    2013 Jeep Patriot Sport model 83,000 miles
    Color: True Blue
    Engine: 2.0 4l
    Trans: 5 spd manual
    Stock rims
    Tires: Needs tires (3) still originals (1) was replaced due to taking a turn to fast and running off road had driver side suspension parts replaced also but no body damage
    Brakes: will need soon
    Exterior Body has minor scratches
    Interior has Minor scuffs nothing major
    A/C, power windows and mirror all work

    Other than oil changes,tire rotation and suspension repairs no other maintenance has been done
    Looking to trade to a Jeep dealer for the same updated model but still owe 10,000 on it that hurts the most
    Thanks, Any advice is much appreciated
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    edited April 2016
    What is your city and state?
    This must be FWD, correct?

  • nodave3dnodave3d Member Posts: 4
    yes FWD Lilburn, GA 30047
  • steine13steine13 Member Posts: 2,825
    This may be not the right forum, but it's related, and there's a bunch of guys here who will appreciate it.

    On the last day of February, I leased a bottom-feeder Chevy Cruze LS 6MT. The General had sent me a $2k bonus on top of the $1,300 of rebate money I had accumulated on the GM card. On top of the $3,400 lease support and who-knows-what-else, so it came to a pretty dandy lease payment. I'd shaken hands on $190/month, with taxes and plate, first payment waived, with the GM card money subtracted later. Two years, 20k miles.
    I'm not into commitment.

    Come to pick up the car, the payment should have been sign & drive, $44/month. Then things got hinky, and they wanted $70/month... then $52/month... something about how I owed extra taxes if I put the GM card money down up front.
    I found, not for the first time, that I do not know how to argue in the face of arguments that make no sense. So I did the math for them as 23 x 190 - 3,3320 is 1050 or some such, and they let me pay it all up front. So far so good.

    Until last Monday, when I get a letter from the dealership. No text as such, but a check, looking legitimate, and some cryptic notation like "JUW bonus cash not used on deal #xxxxx for VIN Gxxxxxx". Five hundred bucks. The Lord moves in mysterious ways, got GM has Him beat, that's for sure.

    Submitted for your entertainment.
    Cheers -Mathias
  • tommister2tommister2 Member Posts: 393
    Wow, so for $550 total you have a Cruze for 2 years? That's incredible. New car and no payments, that will be really nice. Congrats!
    2011 Toyota Camry, 2014 Jeep Wrangler, 2017 Honda Civic Coupe, 2019 Toyota Rav4 Hybrid XSE, 2021 Toyota Tundra, 2022 Toyota 4Runner, 2022 Tesla Model 3
  • stickguystickguy Member Posts: 53,330
    I would take that deal. Wouldn't even care if I liked the car!

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • steine13steine13 Member Posts: 2,825
    Thing is, I do like the car. Even bright red -- not my first choice, to put it mildly, and without cruise control. Even son they had to get it from 115 miles away in Cadillac. Manuals are going away, nobody stocks them. Even three years ago, when I leased my last Cruze, it was much easier finding a stick.

    For what it's worth, it's a much smoother and more pleasant car to drive than my Outback.

    The reason I wrote about this was not the good deal -- it's not unusual, there's some crazy stuff going on and a free car wouldn't surprise me for the right customer. The remarkable part is the rebate check after the fact. I've never heard of anything like that.

    I wonder if GM can survive the next time gas goes to $4/gallon and trucks fall from favor. They've got some serious issues.
  • qbrozenqbrozen Member Posts: 33,733
    nodave3d said:

    New to this site and would appreciate an approximation of the trade in value on a
    2013 Jeep Patriot Sport model 83,000 miles
    Color: True Blue
    Engine: 2.0 4l
    Trans: 5 spd manual
    Stock rims
    Tires: Needs tires (3) still originals (1) was replaced due to taking a turn to fast and running off road had driver side suspension parts replaced also but no body damage
    Brakes: will need soon
    Exterior Body has minor scratches
    Interior has Minor scuffs nothing major
    A/C, power windows and mirror all work

    Other than oil changes,tire rotation and suspension repairs no other maintenance has been done
    Looking to trade to a Jeep dealer for the same updated model but still owe 10,000 on it that hurts the most
    Thanks, Any advice is much appreciated

    about $6k-$6500.

    Tough to drive a car 83k miles and still be $4k in the hole on it. You sure you want another one?

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • xwesxxwesx Member Posts: 17,676
    qbrozen said:

    about $6k-$6500.

    Tough to drive a car 83k miles and still be $4k in the hole on it. You sure you want another one?

    No doubt. Now is the time to stick with that puppy, through thick or thin, until you get on the right side of the line. It only gets worse if you roll negative equity from one vehicle to the next.
    2018 Subaru Crosstrek, 2014 Audi Q7 TDI, 2013 Subaru Forester, 2013 Ford F250 Lariat D, 1976 Ford F250, 1969 Chevrolet C20, 1969 Ford Econoline 100
  • stickguystickguy Member Posts: 53,330
    Ride that puppy to 200k. At least it is a stick, so no AT to crap out.

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • MichaellMichaell Moderator Posts: 262,071
    xwesx said:

    qbrozen said:

    about $6k-$6500.

    Tough to drive a car 83k miles and still be $4k in the hole on it. You sure you want another one?

    No doubt. Now is the time to stick with that puppy, through thick or thin, until you get on the right side of the line. It only gets worse if you roll negative equity from one vehicle to the next.
    Go look at the "Jeep Wrangler Lease Questions" discussion ... there is a blow-by-blow account of how someone got $15K upside down.

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • qbrozenqbrozen Member Posts: 33,733
    edited April 2016
    Thanks for the reading tip.

    worst part is, none of that was in the least bit necessary. Buying used and being afraid of having a vehicle out of warranty just don't go hand-in-hand. I just hope 10k miles per year for the next 4 years doesn't wind up biting him in the butt.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • nyccarguynyccarguy Member Posts: 17,486
    Should be fine.  Wrangler residuals are crazy high.  My problem is, why lease for 4 years?  You've got the cash to put down, roll in the negative equity, & a Jeep with such a high residual that you'll most likely be able to trade out of it in 2 1/2 to 3 years anyway.  I'd have financed.

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD

  • henrynhenryn Member Posts: 4,289
    A few years back, I was advising a young man on a car purchase. He was about $4k upside down on an older Impala with 120k miles, and he really did need to get out of it, it was not in good shape. Turns out he came by the habit honestly, his father was about $10k under on his truck, and his mother was $12k upside down on her car.

    It’s apparently fairly easy to do if you have good credit. Buy a new car with nothing down, drive a lot of miles, trade it in and roll a small amount of negative equity. Lather, rinse, repeat a few times, and you’re $10k or more under water.

    And speaking of :

    I just hope 10k miles per year for the next 4 years doesn't wind up biting him in the butt.

    A few years back, I was sitting in the waiting room at a VW dealership waiting on my car to be serviced. There was a young man in with a Touareg, he had some serious mechanical issue. I talked with him for a few minutes, he was in the middle of a 3 year lease and was already about 30k over on his mileage. Projecting forward, with some back of the envelope math, I estimated that he was going to be in for about $10k in mileage penalties. Wow!

    Wrangler residuals are crazy high.
    Yes, I read that thread. 71% residual on a 3 year lease? Incredible!
    2023 Chevrolet Silverado, 2019 Chrysler Pacifica
  • nyccarguynyccarguy Member Posts: 17,486
    If you are impressed by that, check out Tacoma residuals

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD

  • henrynhenryn Member Posts: 4,289
    nyccarguy said:

    If you are impressed by that, check out Tacoma residuals

    Which begs the question, "Why would anyone in their right mind buy the recent model used one over the new one?"
    2023 Chevrolet Silverado, 2019 Chrysler Pacifica
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