Real-World Trade-In Values

breld

Well, I definitely have a lot of "Honda Fanboy" in me too! Just getting harder and harder to get something these days that fuels that fanboy-ism...in good shape anyway.

Have to go back to what, '01, for a Prelude? TSX was still offered with the manual 'til its end though in decreasing quantities. The Civic Si mostly fits the bill, and I do look forward to the reveal of the new model as well as the Type R. And of course the S2000 is the quintessential high-revving Honda example. Given the price of these nice used examples, I have a hard time not thinking about the new Miata.

@qbrozen - 6' 5"! I thought I had issues fitting into cars. I did find the Z4 incredibly roomy for the class.

Okay - I'm getting a little roadster fever. Must resist. I've learned from experience that the opportunities for me to get out with a 2-seater are severely limited.

Mr_Shiftright

The S2000 engine is a distant relative of the Prelude engine.

It's hard to know sometimes if the experience provides the car or the car provides the experience.

I think to own a 2-seat roadster you have to really love driving for the sake of driving--not necessarily to "do" something specific with the car.

Or--how many trips in traffic in a Yaris equals one drive on a moon-light summer night along a lake or coast?

xwesx

Mr_Shiftright said:

Or--how many trips in traffic in a Yaris equals one drive on a moon-light summer night along a lake or coast?

There is no intersection of those lines.

jkipster

Hello,

Looking for the dealer trade-in value in Los Angeles/Orange County for a 2014 Infiniti QX60 in Silver Ext\Black Int. with Premium 1 and the roof rack/rails package. The car has 18300 miles on it. Thanks!

nyccarguy

2WD or 4WD?

explorerx4

One of my kids took their 2004 Escape Limited to CarMax and got 2k. Has 137k on it, needs tires, never had a tune up, has some minor accident repair history, but still has a crease on the right side that runs from the front fender to the rear light. It does have a great service history, dealer service at least every 6 months or 5k, since new. Original front struts and rear brakes and exhaust.
From what I can remember, it's been serviced in CT, OH, GA, IN, and WI.

Sandman6472

Did love my '06 Civic and probably was dumb to trade out of it when I did but the combination of being bored, a new part time gig and a small inheritance gift drove me to do it. It was a fun little vehicle to drive though and felt the same thing today while driving a brand new Civic. The 2016 unit is just a better Civic and they should do very well. It's not good enough to make me give up my Golf for it but it is on my short list for my kid in a couple of years from now.
Also really like the HR-V and sat in a leather lined EX-L today also. Not crazy about the knobless infotainment and HVAC systems, an o k idea done badly in my opinion. Somethings in a vehicle need knobs for safety reasons and these two are definitely it...could be a potential safety issue when one is using their fingers to change stations or fix the blower speed while taking one's eyes off the road for a few seconds. A good idea executed poorly is what I'm trying to say here. Do like the size of the HR-V and the seats were very comfy with decent views out of all the windows. Can definitely see Honda fixing this faux pas maybe as early as the mid year refresh as this vehicle is also appealing to folks in their sixties like myself, folks who want a crossover which isn't too big or too thirsty. To be honest, if not for the Golf, think I'd have this little Honda in the garage, that or a Buick Encore which I'm getting to like the more I see them. Have driven a couple of Trax's at work and liked the whole concept...just wish my seat time behind the wheel wasn't so brief each time. A big reason I enjoyed driving those rental vehicles around the state of Florida was the extended street time I got in them. Being in the market at the time, I learned first hand, and very quickly, what vehicles I would have on my short list and which ones I'd never ever consider.

The Sandman

jkipster

jkipster said:

Hello, Looking for the dealer trade-in value in Los Angeles/Orange County for a 2014 Infiniti QX60 in Silver Ext\Black Int. with Premium 1 and the roof rack/rails package. The car has 18300 miles on it. Thanks!

AWD please

stickguy

don't think I could live with the HRV engine/CVTdrivetrain. A stick on a loaded model? I could do that, but Honda won't.

even better would be the 1.5T engine dropped in. would make that quite a bit more fun.

jkipster

nyccarguy said:

2WD or 4WD?

AWD 3.5L

qbrozen

jkipster said:

jkipster said:

Hello,

Looking for the dealer trade-in value in Los Angeles/Orange County for a 2014 Infiniti QX60 in Silver Ext\Black Int. with Premium 1 and the roof rack/rails package. The car has 18300 miles on it. Thanks!

AWD please

tough one. There have been very few comps out in CA, which is often its own little market. Over here on my side of the country, it might be $28k. It COULD stretch to $30k in CA, but I wouldn't bet on it.

tj11119

Looking to trade-in my Tundra, appreciate your help in getting a fair value before going to carmax:

2014 Toyota Tundra Extra Cab SR V8 4.7 (edited, its a 2014 sorry)
31,300 miles, Automatic
White
Zero Accidents, clean carfax
Clean interior/Exterior
Al least half of tire thread left.
Dealer serviced with records.
SAN DIEGO CA

I need to sell the Tundra first to buy a MB dealer demo 2015 C300:

2015 Mercedes C300 2.0T
4,700 miles, Automatic
Palladium Silver
No options, its a base version.
CPO
SAN DIEGO
Car has been sitting for a while in their lot and are eager to sell, probably because its not optioned, but I don't care.

Mercedes dealer wants 29,900, do you think is a good deal? or is there margin left to negotiate?

Appreciate your help, Thanks!

stickguy

Where are you located?

tj11119

Ooops sorry, its San Diego CA 92128
Thanks

qbrozen

is your tundra 2wd or 4wd? and I see 4.6 or 5.7 (not 4.7) and double cab or crew cab. I think you mean double cab, right?

tj11119

Q

Yes its a Double cab 2wd, 4.6

thanks

qbrozen

about $22k-$22.5k on the tundra. Could be more at carmax. never know.

lower-end non-awd benz? That's actually pretty fair, all things considered. That's right about $3k-$3500 over auction value. You might get another nickel off, but I wouldn't worry about it if you don't.

tj11119

qbrozen said:

about $22k-$22.5k on the tundra. Could be more at carmax. never know. lower-end non-awd benz? That's actually pretty fair, all things considered. That's right about $3k-$3500 over auction value. You might get another nickel off, but I wouldn't worry about it if you don't.

MB dealer offered 23k for the truck and went down an additional 500 off the C300. we are signing the paperwork right now.  Thanks a lot for your help qbrozen

qbrozen

good deal. congrats.

isellhondas

Mr_Shiftright said:

Q--can you give me an approx. *retail* value on a 2004 Honda S2000, 70K miles, super clean, San Rafael, CA 94901? Blue metallic, all options.

Is this to replace the Mini?

stever

Didn't you hear? Shifty is driving the MINI out to Las Cruces and leaving it with me. I'm going to drive him to ABQ for him to visit someone and he'll fly home from there using the $3,000 I'm giving him for the MINI.

(hm, may need to update Shifty on the plan. And my wife...)

Mr_Shiftright

I may not replace the Mini, no. Just want a little top-down fun. The Mini is fully depreciated. Can't get anything for it with high miles. Runs great, though, looks good.

I think an S2000 is a car you want to buy in pristine shape and store indoors as a future appreciating classic.

I kinda want something I can drive, use up and not worry about if it needs trim parts or gets smacked.

There are good deals around on BMW Z3s and Z4s, BTW.

Still lookin' for torque, leg room and seat heaters

donb4325

General trade-in question. I am currently mid-lease and considering trading in for a purchase. The lease payoff is essentially the same price as the purchase price of the new vehicle. The new vehicle will be purchased. Question is, will I be responsible to pay taxes on the new vehicle? This is in Florida if it makes a difference. TIA.

qbrozen

It does make a difference. You have to check the tax laws in your state.

mjfloyd1

How much of a value hit does a lemon law buyback take? This Audi S6 is completely loaded and was a lemon law buyback but it seems priced high????

http://www.worldimportsusa.com/certified/Audi/2016-Audi-S6-jacksonville-florida-86b397880a0e0adf6103ec11d05eb8f6.htm

stickguy

Nice looking. Love the color combo. But how can you tell it was a lemon buyback?

Mr_Shiftright

mjfloyd1 said:

How much of a value hit does a lemon law buyback take? This Audi S6 is completely loaded and was a lemon law buyback but it seems priced high????

http://www.worldimportsusa.com/certified/Audi/2016-Audi-S6-jacksonville-florida-86b397880a0e0adf6103ec11d05eb8f6.htm

That's a tough question to answer. On the one hand, if notation appears on CARFAX, then one would be tempted to treat it just like an Accident record; on the other hand, it wasn't an accident and so the integrity of the car has not been potentially compromised.

I think the selling price would depend on the type of car, and on the degree of information you could provide to the buyer.

In the back of my mind is always this thought: "So, they couldn't fix the problem after repeated attempts, and bought the car back, and now suddenly it's fixed?"

Michaell

Kinda like a certain Cadillac we know about ...

mjfloyd1

stickguy said:

Nice looking. Love the color combo. But how can you tell it was a lemon buyback?

I called. Apparently they sell mainly lemon law buyback used cars.

stickguy

risky business model, especially annoying since on their web, they tout how they have the best of the best cars, and don't mention them being lemons.

mjfloyd1

stickguy said:

risky business model, especially annoying since on their web, they tout how they have the best of the best cars, and don't mention them being lemons.

They have a big section on their Web site about "myths" about lemon law buybacks.  They sell new Lotus (?Loti) too...

kyfdx

mjfloyd1 said:

stickguy said:

risky business model, especially annoying since on their web, they tout how they have the best of the best cars, and don't mention them being lemons.

They have a big section on their Web site about "myths" about lemon law buybacks.  They sell new Lotus (?Loti) too...

I would guess the title has been "branded". If that's the case, deduct 25%-40% from normal values.

That price seems insane for a lemon buy-back.

mjfloyd1

kyfdx said:

mjfloyd1 said:

stickguy said:

risky business model, especially annoying since on their web, they tout how they have the best of the best cars, and don't mention them being lemons.

They have a big section on their Web site about "myths" about lemon law buybacks.  They sell new Lotus (?Loti) too...

I would guess the title has been "branded". If that's the case, deduct 25%-40% from normal values.

That price seems insane for a lemon buy-back.

Correct on the branded title. Their blog says some states don't have title branding so you may have a clean title but carfax and auto check will show the branding...

henryn

Funny business about that “salvage title”. There are probably people here who are experts on the subject, having been in the car business for many years. But I will add my 2 cents worth.

I think the absolute worst is a car that has been flooded, and the insurance company has totaled it. There’s no way I would touch such a car. And the same would be true for one that was handled under the lemon law.

The majority of salvage titled cars that I have encountered have been totaled by an insurance company due to damage in a wreck. And you have to know what you’re doing, and have a really good idea of how much damage was actually done. There are people here in my area who make a living at this. They buy cars from the insurance companies, fix them (using junk yard parts rather than new), and then resell them. They usually have rather detailed pictures showing you exactly what the car looked like BEFORE they started working on it, so you can judge for yourself how severe the damage actually was.

I actually bought one used car from that path, and had no problems.

Probably the best path for a salvage title is a theft recovery. The car is stolen, and then later found somewhere stripped. Wheels and tires, seats, stereo, maybe more. The insurance company pays off, sells the car at auction, and someone “refurbishes” it with a salvage title. A good friend of mine purchased a very nice 2 year old Silverado for about 60 cents on the dollar that way.

stickguy

Safer with cheaper cars too. Would think. A minor accident that can be fixed good as new, might be enough to total a 10-12k car.

Michaell

My sister is on the hunt again ... now looking used. Need values on her trade and the car she's looking at.

Trade in - 2010 Infiniti G37 Coupe. Grey/Black, 71000 miles. Pretty good condition inside and out.

Looking at - 2006 Lexus RX330. FWD. Blue with tan interior. Almost 135,000 miles. Dealer is asking $10,990. VIN JTJGA31U550056437

Mr_Shiftright

CARFAX looks good but that's a fair number of miles even for a Lexus. It's a 2005 BTW. You might want to correct that.

Looks like this deal is going to be lopsided in favor of the Infiniti. It'll be interesting to see how much the dealer is going to give her in cash.

Michaell

Mr_Shiftright said:

CARFAX looks good but that's a fair number of miles even for a Lexus. It's a 2005 BTW. You might want to correct that.

Sorry, typo on my part. It is an '05.

Yes, I too think it's a lot of miles. Sis believes that because it's a Lexus, it will run forever.

Mr_Shiftright

Eh, miles is miles is miles. I guess for an '05 the miles aren't unusual.

Michaell

Mr_Shiftright said:

Eh, miles is miles is miles. I guess for an '05 the miles aren't unusual.

So, to use your famous analogy ... a 45 year old who is in better than average health?

When I type that, all I can think of is Jim Fixx.

andres3

I'm more in the a Honda or Toyota product is barely broken in at 150,000 miles camp.

isellhondas

Michaell said:

Mr_Shiftright said:

CARFAX looks good but that's a fair number of miles even for a Lexus. It's a 2005 BTW. You might want to correct that.

Sorry, typo on my part. It is an '05.

Yes, I too think it's a lot of miles. Sis believes that because it's a Lexus, it will run forever.

Where is your sister located? In an area that gets snow, the 2WD will really hurt it's value.

As far as miles, no car runs forever but a well maintained Toyota can easily double that number.

We put around 6000 miles a year on each of all three of our cars. If your sister doesn't drive much it just might last near forever! I would make a big deal out of those miles when making an offer!

Michaell

isellhondas said:

CARFAX looks good but that's a fair number of miles even for a Lexus. It's a 2005 BTW. You might want to correct that.

Sorry, typo on my part. It is an '05. Yes, I too think it's a lot of miles. Sis believes that because it's a Lexus, it will run forever.

Where is your sister located? In an area that gets snow, the 2WD will really hurt it's value. As far as miles, no car runs forever but a well maintained Toyota can easily double that number. We put around 6000 miles a year on each of all three of our cars. If your sister doesn't drive much it just might last near forever! I would make a big deal out of those miles when making an offer!

 Sorry I missed that. My sister lives in San Diego.  North county

xwesx

Yeah, it *might* last "forever," but then, it might not. All of the Toyotas that my family had required a fair bit of maintenance work in the upper 100Ks, including ball joints, tie rod ends, bushings, some wheel bearings, etc. One needed a transmission at about 200K (although, to be fair, I think that my SIL was kinda hard on it for such a high-mileage car). Depending on the recent maintenance log, you may have some $ in your future here.

Mr_Shiftright

Oh you mean where I say that a 75 year old man who takes great care of himself is more like to survive a full round of tennis than a 35 year old junkie? Well that's true---maintenance history is a factor when choosing a high mileage car over a lower mileage one that might have been neglected. However, expendables are expendables, such as tires and brakes, and some expensive components don't respond to maintenance, like alternators and struts and CV joints and suspension bushings----they deteriorate after many miles even in the hands of the most loving owners.

Michaell

Mr_Shiftright said:

Oh you mean where I say that a 75 year old man who takes great care of himself is more like to survive a full round of tennis than a 35 year old junkie? Well that's true---maintenance history is a factor when choosing a high mileage car over a lower mileage one that might have been neglected. However, expendables are expendables, such as tires and brakes, and some expensive components don't respond to maintenance, like alternators and struts and CV joints and suspension bushings----they deteriorate after many miles even in the hands of the most loving owners.

My sister sent me some KBB info -

Infiniti is priced at $15-17K on trade

Lexus is priced at $12.7-$14.6 on trade; therefore, a retail price of $11K would look to be pretty solid.

steine13

I sometimes wonder where KBB gets their numbers.

Best I can come up with, they're just having a laugh as they drive people to distraction.

Michaell

steine13 said:

I sometimes wonder where KBB gets their numbers.

Best I can come up with, they're just having a laugh as they drive people to distraction.

Huh, my bad.

I took another look at what my sister sent - I had the numbers reversed.

But, she hasn't done anything yet. I told her to check Edmunds and Intellichoice as well for numbers.

qbrozen

So it is just a base G37? Not a Journey or Premium or something like that? If not, then $12k is about the number.

Something is really really off with this Lexus. Most with miles like that average about $6k. Even if I took the most expensive one with 138k that got $7600, I could not pay more than $10k for it. But why in the world would she?? For the same money, I could get one with just under 100k on it.

Michaell

qbrozen said:

So it is just a base G37? Not a Journey or Premium or something like that? If not, then $12k is about the number.

Something is really really off with this Lexus. Most with miles like that average about $6k. Even if I took the most expensive one with 138k that got $7600, I could not pay more than $10k for it. But why in the world would she?? For the same money, I could get one with just under 100k on it.

Yeah, but this is Southern California.

I'll pass this along to my sister.

Given the situation with the Infiniti, I've kindly informed her it may be tough to roll the negative equity into a used car loan. Easier to do with a new car purchase or lease.

I get what she's trying to do - lower the cash flow by trading out of the Infiniti and into something less expensive.

Later this year, she wants to sell her Navigator outright when son #2 gets his license in October, use the proceeds to get him a used Tacoma (purchased outright), and then lease something relatively inexpensive (Mazda 3?) for her husband.

Sucks having kids who start to drive and want / need their own vehicle.

And, she's got one more son who turns 13 this year, so she's not done yet.