Real-World Trade-In Values

steine13

xwesx said:

if the car is still within the B2B period

That was a driver in this case... I've done this before; when I buy new, I either (i) keep it forever, like the '03 Sienna that my wife can't bear to let go, or (ii) sell after less than a year because it doesn't work for me like the 07 Silverado that didn't fit into my garage.

Method (iii) is to sell it when it's become cheap, like my '07 Vibe that I sold in 2014 for $6k, and method (iv) is to sell before the warranty runs out. i've done that with a '98 Prizm, an '04 Vibe, and now the '14 Outback, and in every case, things worked out well. It seems that people have a lot more trust while the car is still under the B2B warranty.

The UC manager at Subaru/VW/Audi -- there ought be a law against cornering the AWD market like that -- did not even drive my car. He started it, checked for trouble lights, shifted through the gears, and called it good.

Heck, I went home to ditch the bike racks and spent 5 minutes locating the Allen wrench to adjust the OEM roof rack rails. The guy didn't even verify that the spare tire was present... felt like I had to do everything myself. Of course, maybe he's bought cars from OCD types before...

By comparaison, I'm fanatical about checking out used cars... I'm a big fan of old, sub-$5k jalopies with some miles on them... you can usually tell how they were treated, and if you make a mistake, oh well...

Cheers -m

stickguy

on the BMW, depending on where it is, there are probably a few people here that would be happy to take a look (and test drive) for you!

backfist

xwesx said:

backfist said:

Guys...
I'm in Denver and my wife is still fixated on a BMW X6. She specifically wants a 2014 35i that is certified. I have found a few outside of the region but I don't want to jump on planes multiple times to look at them.

Would it be worth my time/money to get a broker involved as I have never purchased one out-of-state and had to deal with the taxes, transportation, etc...or should I just negotiate via phone/email and take my chances?

Well, you're right that you do, to some extent, "take your chances" when it comes to distance purchasing. But, as long as you do your homework (carfax, dealer reviews, known issues with the make/model, known history, etc.) and ask the questions that are important to you (particularly regarding the livability stuff such as smoking, pets, and whatnot), I think it is completely doable.

I just purchased my Passat from nearly 4,000 miles away, and I was absolutely comfortable with the transaction (which was literally sign & drive by the time I arrived there). The car was exactly as I expected and continues to be so a month later. While this is the fourth car I purchased from a distance (e.g., site unseen), it is the first used car, and I'm happy I took the chance.

That is reassuring. It is a CPO car so I am hoping that it is in tip-top shape. Thanks!

backfist

Mr_Shiftright said:

You can also pay an inspector to give it a final look-over and test drive if you wish. Cost maybe $350, so maybe cheaper than a plane ticket and a refusal on your part if you don't like it when you get there.

Good idea...I'll have to do some on-line searching for one in that area. Thanks!

Mr_Shiftright

Where's the car located? Maybe I know somebody.

roadburner

Mr_Shiftright said:

Where's the car located? Maybe I know somebody.

I might as well...

Mr_Shiftright

Even if a friend of a friend could just eyeball it for you....

backfist

Texas actually, but the better quality pictures made me walk away from it. Most of the Denver area cars are victims of the sand/salt mixture that is used and the fronts can end up looking ugly...

backfist

California cars may be a better option for me.

Mr_Shiftright

We have the best, no doubt

stickguy

what color? Found a nice white one near me in NJ. I have no clue about pricing though. I do like the color combo. They also have white over coral red. Too bad no actual pictures on either one yet.

http://www.bmwofmtlaurel.com/certified/BMW/2014-BMW-X6-Mount-Laurel-e1ddbda70a0e0adf41c9e44a16f56cf5.htm

backfist

She is hot for white...wonder why no pics...that one has all that she was looking for minus the LED headlights

backfist

Annapolis by you at all?
http://www.bmwofannapolis.com/certified/BMW/2014-BMW-X6+xDrive35i-Annapolis-03a9ca1f0a0d0cc7423ef66c9085490c.htm

backfist

Sorry...fast fingers...MD not NJ!

backfist

I bet she would even go for a pristine black one...
http://www.bmwofmtlaurel.com/certified/BMW/2013-BMW-X6-Mount-Laurel-97a346e90a0e0a6b204ca8fd733917c2.htm

stickguy

annapolis is only about 2 hours from here. If you want one bad enough, you could fly in, buy it, and be home in 2 days.

someone that posts here recently went out to Long Island (another 2-3 hours east of where I am by Philly) to buy a used Audi, and drove it home.

they will have pictures soon. probably too new to have them up yet.

I thought one of those would have fancy headlights, but could just be an oddity.

the one in MD looks like a better deal, assuming it has all the same stuff on it, but can always make an offer!

backfist

I'm originally a Boston guy, but have been in Denver for awhile. Maybe a 3-day drive back. My big issue is how picky she is. I guess I could have a primo detail shop work it over pretty well before she sees it.

jrw118

What trade in price could I expect for a 2014 Honda CRV EX-L with 36,000? Located in Long Island NY

Mr_Shiftright

2WD or AWD?

Navigation?

Rear Entertainment Option?

jrw118

Mr_Shiftright said:

2WD or AWD?

Navigation?

Rear Entertainment Option?

AWD no additional options

qbrozen

Assuming a good color in good condition with goid history and no immediate needs, about $17.5k-$18k

28firefighter

Q,

My sister is debating flipping her car for something newer.

2013 Ford Focus Titanium Sedan
Blue exterior
Black leather interior
25,000 miles
Automatic Trans
Park Assist
MyFord Touch with Navigation
Auto Climate Control
Keyless Entry/Start
Rearview Camera

Does not have a sunroof - basically the only option she did not get.

Car is in good shape - no accidents, dents, dings, scrapes - just little stuff here and there from 4 years of California highways.

Located in the Bay Area.

What do you think she is looking at on a trade? My guess is probably $8k-$9k?

qbrozen

oh, my, yeah. How in the world is she getting around in such an old clunker?

Pretty good guess on your part. That is about right, depending on how they feel about the missing moonroof.

28firefighter

qbrozen said:

oh, my, yeah. How in the world is she getting around in such an old clunker?

Pretty good guess on your part. That is about right, depending on how they feel about the missing moonroof.

She likes the size. Her concern is that the transmission went out last year at 13k miles and the dealer all but told her she can expect it to it again at some point. She now commutes about 25 miles a day and is worried with it out of warranty its just a matter of time.

qbrozen

How is it out of warranty?

I believe her powertrain coverage is 5yr/60k

28firefighter

qbrozen said:

How is it out of warranty?

I believe her powertrain coverage is 5yr/60k

I'll double check - Ford dealer told her if it goes again, it isn't covered.

qbrozen

sounds like she has a bad dealer.

28firefighter

qbrozen said:

sounds like she has a bad dealer.

Find me a good Ford dealer anywhere...

qbrozen

I don't keep my cars long enough to really get to know my dealers.

I believe I had my Mustang in for 1, maybe 2, oil changes, and that's it.

stickguy

i won't have to worry. every time I show my wife one and tell her how nice it is, her response is always "but it's a Ford"

I still am not sure why. She is the same way about Chevy's, and her Dad was always a Chevy guy when she was growing up.

I think she somehow became a badge snob.

Mr_Shiftright

The dealer does not decide the warranty coverage. The factory does.

28firefighter

But on what planet would the factory deny coverage on a transmission failure with such low mileage and all proper maintenance? Particularly when one already grenaded..

EDIT: Regardless, she wants to keep the car but doesn't trust it, which is the primary problem. It has stranded her twice on the Bay Bridge.

stickguy

I know that if a car did that to my wife, I would be told to make it go away (or drive it myself) because she is never driving it again. Actually might only take 1 instance, unless it was truly a fluke.

if your sis can afford it, really not a big deal if she is not going overboard on a replacement, so might as well do it for mental health reasons!

qbrozen

Oh, I agree. It is stressful to drive something you don't trust.

28firefighter

stickguy said:

I know that if a car did that to my wife, I would be told to make it go away (or drive it myself) because she is never driving it again. Actually might only take 1 instance, unless it was truly a fluke.

if your sis can afford it, really not a big deal if she is not going overboard on a replacement, so might as well do it for mental health reasons!

I take the same approach, but both times were before the transmission was replaced. No issues so far again yet. I tend to agree with you, but ultimately her call.

mpp2

Trying to see where we are in our lease.

2015 GMC Terrain SLT 1 All Wheel Drive V6 Engine
Silver with black leather interior
13,900 miles
Hudson Valley NY Region

Has the Open Road Package (power moonroof, navigation, power liftgate, collision warning, backup camera, keyless entry, satellite radio). Power windows, power door locks, AC.
Original tires (about 75% to 80% tread left). It has the 17" tires and silver alloys.

Truck is extremely clean. Residual is $23,836. Our contract obligation with the remaining lease payments is about $27,250 per GM Financial. As much as I like the truck, I suspect we will be returning it to GM when the lease is up based on it's real world trade value. Thanks in advance.

qbrozen

with those miles right now, it is somewhere in the $24k-$25k range as a trade. Technically, right now, you could buy it out for the $27250 and have yourself a pretty fair deal.

On a personal note, everytime I see these trucks, I take notice. I really like the looks for some reason. My wife thinks I'm nuts.

andres3

qbrozen said:

Oh, I agree. It is stressful to drive something you don't trust.

Hmmm... I took the "what else could go wrong" optimistic view the last time I drove an unreliable vehicle. After getting it fixed, I always figured "what else could go wrong?," and didn't sweat it or stress about it. That is, of course, until it broke down either requiring another tow (leaving me stranded), or a high repair bill, then the stress would skyrocket again.

I suppose I've learned my lesson, I wouldn't probably wouldn't let any car leave me stranded for reasons other than a bad battery more than once.

qbrozen

I don't have a problem when things break, but if the same thing keeps breaking, that's when I don't want to even risk driving it.

Mr_Shiftright

I'm a little different. When I have a car where something NEW breaks every time, then I lose hope.

henryn

I used to drive old cars, with high miles. And I expected to have to walk occasionally. These days, no. If I don't trust it, it's gone. Life is too short, drive something you enjoy, something you trust.

mpp2

qbrozen said:

with those miles right now, it is somewhere in the $24k-$25k range as a trade. Technically, right now, you could buy it out for the $27250 and have yourself a pretty fair deal.

On a personal note, everytime I see these trucks, I take notice. I really like the looks for some reason. My wife thinks I'm nuts.

Thanks Q. I'm not as bad off as I thought. We really like the truck as well. It rides great, and we like the look a lot. But we thought the 4 cylinder was too underpowered for this truck when we leased it. Our dealer had to locate a 6 for us and swap it out. The 6 cylinder makes a huge difference.

I'm sure I'll check back in as we get closer to the lease end. We have about 9 months left.

qbrozen

Yes, I'm quite surprised that the majority of used ones I see on the market are 4-cyl. Kind of disappointing.

boluca

New car comes in in 3 weeks and need trade-in value and private party value because
We have someone that says they want the vehicle.
Haven't had dealer look at it yet but he said it should be Kelly Blue Book excellent which is about $14,200.

2012 Subaru Forester Touring
White Pearl exterior
Gray leather interior
90,000 miles
Automatic Trans
Navigation
Bluetooth
Cargo cover
Auto Climate Control
Rearview Camera
Sunroof
Trailer hitch
Carpet mats and All weather mats
Cargo area mat
Michelin tires with 6/32 left

Car is in excellent condition in and out - no accidents
located in Raleigh, NC area, 27312


thanks

Mr_Shiftright

X or XT ?

boluca

oops, X the 2.5, non-turbo

qbrozen

with all those miles, you'd probably be looking at a trade offer in the $13k range.

boluca

thanks, will check with the dealer

henryn

A 4 year, almost 5 year old car, with 90k miles, bringing a trade-value of $13k? That would have to be a Subaru. Or maybe a Honda, Jeep Wrangler. Very select company there.

Mr_Shiftright

Geography is a big factor, too, I think.