Real-World Trade-In Values

tommister2

Thanks Q. Many have been sitting at 18k plus. A few have come up recently in the 15k range and they sell quick. Figured the higher priced ones would drop but most places are holding firm. I appreciate the data. 

jpp75

tifighter said:

Okay - how about auction or trade value thoughts on a 10 Volvo C70 with 40k miles? Oh, and it's a stick. All options except navi. Had to have been special ordered this way...

If it was a C30 I'd buy it in a heartbeat.

nyccarguy

qbrozen said:

nyccarguy said:

Hey @qbrozen. Can you tell me what you think a good grade in value on the following Vehicle:



2015 Subaru Forester XT Limited

White/Black Interior

AWD - Leather - Sunroof - CVT

19,282 miles

Clean car fax - just needs a cleaning to be a 9/10 ext & 9/10 interior

Located in the NYC suburbs



Thanks!

Manhein shows XT Premium and XT Touring. Which of those might be closer to yours?

I would say Touring. No Navigation.

breld

jpp5862 said:

tifighter said:

Okay - how about auction or trade value thoughts on a 10 Volvo C70 with 40k miles? Oh, and it's a stick. All options except navi. Had to have been special ordered this way...

If it was a C30 I'd buy it in a heartbeat.

Here you go @jpp5862 - you're welcome.
Manual C30

qbrozen

nyccarguy said:

qbrozen said:

nyccarguy said:

nyccarguy said:

Hey @qbrozen. Can you tell me what you think a good grade in value on the following Vehicle:



2015 Subaru Forester XT Limited

White/Black Interior

AWD - Leather - Sunroof - CVT

19,282 miles

Clean car fax - just needs a cleaning to be a 9/10 ext & 9/10 interior

Located in the NYC suburbs



Thanks!

Manhein shows XT Premium and XT Touring. Which of those might be closer to yours?

I would say Touring. No Navigation.

About $22k

butchbr73

Good morning guys, hoping to get some general direction here as I'm starting to dip my toes back into the car market again... wifey likes the Denali's, based on past experiences always seems like a big asking price vs actual value... if I were to target a newer body 2015/16 GMC Denali (not XL)... say 20k miles, clean... what is a general range those are wholesaling for so I can get my bearings straight?
As always, appreciate the help and insight provided.

qbrozen

Denali is a trim level, not a model. What vehicle are you referring to?


edit: never mind. I just realized the Denali is the only one that comes in XL, so that must be what you are asking about.

Auction values: High $52k range for 2015 and high $56k for 2016

nyccarguy

qbrozen said:

Denali is a trim level, not a model. What vehicle are you referring to?

Since he referred to "not XL," I'll assume he's talking about a GMC Yukon Denali.

@butchbr73 - where are you located? Are you looking at 2WD or 4WD Yukon Denalis?

qbrozen

yup, I decoded it.


and of course i just priced 4wd because... well, anything else just seems silly. Might as well get a minivan if you get a 2wd big SUV.

butchbr73

So sorry guys for the cryptic post, was typing from my phone earlier and just realized Yukon wasn't in my initial post!!! Yikes!
Yes, thanks for assuming AWD wouldn't go any other way in a truck that big. I'm in East TN area... I'm just trying to get acclimated to the market and get an idea of what I need to be expecting.
If I was bouncing these up against the Tahoe LTZ's.. guessing they'd run thru $5-7k+ less. She's also looking at some smaller options. She's always liked the yuk Denali's, had an '05 about 10 yrs ago and its been her favorite car she's had. As always, appreciate your help.

nyccarguy

@qbrozen would know better than I, but the Denalis (Yukon, Yukon XL, Sierra, Acadia) tend to have much higher lease residuals than their SL, SLT, SLT2 counter parts. So one would think that would translate into higher used prices.

Mr_Shiftright

you mean that GM is sub-venting Denalis by puffing up residuals?

nyccarguy

Mr_Shiftright said:

you mean that GM is sub-venting Denalis by puffing up residuals?

That could be it, but there is a pretty big difference.

kyfdx

Mr_Shiftright said:

you mean that GM is sub-venting Denalis by puffing up residuals?

Especially on Sierra pickups

qbrozen

From what I have seen, I'd have to agree that the Denali trim carries a good amount of value. No clue why, though, when "limited" trims of other brands don't impact them nearly as much.

Michaell

It may be too late for the east coasters, but my nephew is trying to do a deal to trade out of his problematic GTI.

He's trying to get a 2014 Jetta 1.8T SE. Grey over black, 60,000 miles, automatic.

Dealer is asking $12,488 - any chance I can get a number he should shoot for?

stickguy

Less than that. Always my guess.

Michaell

stickguy said:

Less than that. Always my guess.

Well, yeah.

Apparently, there is an open recall on the ABS module, which helps the trade value of his GTI.

And, he's trying to do this without a co-signer.

stickguy

there are a ton of Jettas of that vintage around. Should be able to get one with less miles for that money I think, but sounds like the trade on the GTI is going to be more of an issue. as a wise man once said, the only difference, is the difference.

Michaell

stickguy said:

there are a ton of Jettas of that vintage around. Should be able to get one with less miles for that money I think, but sounds like the trade on the GTI is going to be more of an issue. as a wise man once said, the only difference, is the difference.

What year is the princess' Jetta? Any issues?

My BIL is nervous about getting another VW, but apparently this one comes with a 2 year bumper to bumper warranty. My sister is all for it, if they can make the numbers work.

stickguy

must be a CPO. that is good.

same car my son had (2014). He had no issues. His was an SE with connectivity and moonroof. Had about 30K when it went back.

Princess has a 2015. 16K now. Goes in for annual service Thursday. Only issue is an AC problem. the 14 had same thing, and a software update fixed it (AC seems to cut out when going over 70). I consider it a speed limiter on her!

Michaell

stickguy said:

must be a CPO. that is good.

same car my son had (2014). He had no issues. His was an SE with connectivity and moonroof. Had about 30K when it went back.

Princess has a 2015. 16K now. Goes in for annual service Thursday. Only issue is an AC problem. the 14 had same thing, and a software update fixed it (AC seems to cut out when going over 70). I consider it a speed limiter on her!

The one they are looking at is an SE, but doesn't look like it has connectivity or sunroof. It's got a lot of miles for the year - the GTI is 2009 and has about 60K on it, as well.

nyccarguy

I can't believe they are interested in another VW

28firefighter

I'd say it sounds expensive with the mileage. I would guess $10k is all the money. 

Michaell

nyccarguy said:

I can't believe they are interested in another VW

Why? Apparently, this one has a warranty. Not sure if it's CPO or not.

nyccarguy

@qbrozen - what do you think this X5 will go out the door for? It's for a business associate of mine.

http://cpo.bmwusa.com/certified/BMW/2014-BMW-X5+xDrive35i-28091cd90a0e0adf16a64d1f86c7296d.htm?geoZip=06902

qbrozen

nyccarguy said:

@qbrozen - what do you think this X5 will go out the door for? It's for a business associate of mine.

http://cpo.bmwusa.com/certified/BMW/2014-BMW-X5+xDrive35i-28091cd90a0e0adf16a64d1f86c7296d.htm?geoZip=06902

I always have trouble with BMWs these days because I can't tell the difference between an M Sport model and a base model with M sport pack. If the latter, its twin sold at PA auction for $35,800. If the former, that is a hell of a deal considering auction value is over $38k. So lets assume the latter. BMW CPO is always pricey. I've heard $2500 thrown around a few times. So my guess is they have $1k-$1500 wiggle room.

stickguy

That looks like base with just the m sport trim package.

28firefighter

stickguy said:

That looks like base with just the m sport trim package.

Agree.

qbrozen

So school me on how to tell the difference, please. 

kyfdx

I don't think there is an "M Sport" model. Either an "M" model or equipped with "M Sport" package.

An X5 M will have it's own engine.. Seems like it would be a completely different model, and much rarer.

28firefighter

I believe the X5 M Sport has the V8 engine whereas this appears to be a base xDrive 35i with the Sport Pkg.

stickguy

The package is listed in the ad.

roadburner

There were originally two ///M classifications: M Sport, which denotes an option package(trim, seats, and sometimes a M Sport suspension) and a true M car. The X5 above is an M Sport. To complicate things, BMW added a third ///M flavor about three years ago- M Performance. M Performance models have more powerful engines, upgraded brakes, and suspension tuning that falls somewhere in between an M Sport and a full-tilt M car.
It looks like BMW is going to start making the most powerful non-M car in each series the M Performance model, see: M240i, M550i xDrive, M760i xDrive, and the X4 M40i. The G01 X3 will have an X3 M40i variant, and the hottest G20 3er will be an M340i.

28firefighter

roadburner said:

There were originally two ///M classifications: M Sport, which denotes an option package(trim, seats, and sometimes a M Sport suspension) and a true M car. The X5 above is an M Sport. To complicate things, BMW added a third ///M flavor about three years ago- M Performance. M Performance models have more powerful engines, upgraded brakes, and suspension tuning that falls somewhere in between an M Sport and a full-tilt M car.
It looks like BMW is going to start making the most powerful non-M car in each series the M Performance model, see: M240i, M550i xDrive, M760i xDrive, and the X4 M40i. The G01 X3 will have an X3 M40i variant, and the hottest G20 3er will be an M340i.

Well now I'm officially confused.

kyfdx

Me, too.

roadburner

The "real" M cars can be distinguished by a bespoke engine, much more aggressive bodywork(flares, hood scoops/bulges), heavily bolstered seats, true locking diffs, and (for now) the choice of either a six speed manual or a seven speed M DCT gearbox.

Mr_Shiftright

Just go over some railroad tracks...if you chip a tooth, that's a real M car.

andres3

Michaell said:

stickguy said:

there are a ton of Jettas of that vintage around. Should be able to get one with less miles for that money I think, but sounds like the trade on the GTI is going to be more of an issue. as a wise man once said, the only difference, is the difference.

What year is the princess' Jetta? Any issues?

My BIL is nervous about getting another VW, but apparently this one comes with a 2 year bumper to bumper warranty. My sister is all for it, if they can make the numbers work.

Is this the same Carmax GTI that they took to my CA indy shop, got the diagnosis confirmed, but elected to not invest in the medical care the car needed?

Michaell

andres3 said:

Michaell said:

stickguy said:

there are a ton of Jettas of that vintage around. Should be able to get one with less miles for that money I think, but sounds like the trade on the GTI is going to be more of an issue. as a wise man once said, the only difference, is the difference.

What year is the princess' Jetta? Any issues?

My BIL is nervous about getting another VW, but apparently this one comes with a 2 year bumper to bumper warranty. My sister is all for it, if they can make the numbers work.

Is this the same Carmax GTI that they took to my CA indy shop, got the diagnosis confirmed, but elected to not invest in the medical care the car needed?

One and the same. Deal was made last night, and the GTI is gone.

According to my sis, it needed $3-4K of attention, which they weren't willing to spend.

Everybody seems happy.

qbrozen

They had come out with a ridiculous number of models. So, in this instance, you could get an X5 35i xdrive, 35i xdive msport, 35i xdrive luxury, 35i xdrive xline, and then repeat all of those for sdrive. Yet, as stated, you could get an msport package that was somehow different than the msport model. 

tommister2

Any data on this one q? Per carfax looks like this dealer got it about 2 months ago.

https://www.carfax.com/vehicles/1ZVBP8EMXE5306998

qbrozen

certainly no shortage of these out there. auction value around $15k-$15.5k.

carperso

qbrozen said:

carperso said:

Mr_Shiftright said:

You mean $30K trade-in? I'm going to say lower.

Got 22k from carmax.

Actually, $22k is correct for NO accidents, so carmax is being generous.

Damn. Comparable ones are selling well over 30k. Margins cant be that high

Mr_Shiftright

"selling" or "asking"?

qbrozen

And do those have near 50k miles? I have to look at those with fewer than 30k to find auction prices in the higher $20k range.

jpp75

breld said:

jpp5862 said:

tifighter said:

Okay - how about auction or trade value thoughts on a 10 Volvo C70 with 40k miles? Oh, and it's a stick. All options except navi. Had to have been special ordered this way...

If it was a C30 I'd buy it in a heartbeat.

Here you go @jpp5862 - you're welcome.
Manual C30

I'd say that's worth a test drive if it's still there in a couple of weeks.

qbrozen

carperso said:

carperso said:

You mean $30K trade-in? I'm going to say lower.

Got 22k from carmax.

Actually, $22k is correct for NO accidents, so carmax is being generous.

Damn. Comparable ones are selling well over 30k. Margins cant be that high

I have 3 near me with miles like yours. 2 are CPO and asking prices are $29k and $31k. The 3rd is not certified and asking is just under $26k. Oh, AND that $26k car has a clean carfax. So, as you might imagine, dealers would have a tough time trying to sell your car with accident history in such a competitive market.

Mr_Shiftright

Ditto in California-- $26K--$29K retail asking.

andres3

Mr_Shiftright said:

Ditto in California-- $26K--$29K retail asking.

A '14-'15 A6 3.0 might have to be my next daily driver when I'm done with the Kia..... Same engine as the S4 with some de-tuning, but then again, it probably has a slush box instead of DSG 7-speed. Will have to test drive.