Real-World Trade-In Values

qbrozen

pikaru said:

Looking for trade-in value on a 2014 Audi A6 3.0T Prestige w/ 44500 on the odometer. Standard options, no extras. Thanks!

Location? Color - inside and out? Condition?

Las Vegas, NV Ext - Phantom Black Pearl Effect Int - Black I'd say average to good condition. No damage or real huge wear on inside, however outside has door dings, tires need to be replaced, minor curb rash, and some bumper scraping where paint came off.

Ouch. Black/black in vegas, needs work, needs service, and it is an A6. Whew. This will hurt.

Looking at $25k range. Could push up to $26k if they are feeling generous or are clueless.

Mr_Shiftright

Q--do you have any numbers on a 2006 Scion xA, blue, 75K miles, manual transmission, San Francisco area.?

Michaell

Mr_Shiftright said:

Q--do you have any numbers on a 2006 Scion xA, blue, 75K miles, manual transmission, San Francisco area.?

Is this your old car, Shifty?

Mr_Shiftright

Sort of. (man, you have a good memory---creepy, actually )

Yes, I bought it new, then sold it to my friend when I bought the Mini. Now she's ill and has to get rid of it, so I'm going to sell it for her. So I need to price it right. Back bumper's scraped up so once Q gives me a number I can extrapolate to Retail and then deduct a bit for paintwork.

The xA is actually a great little car for some young 'un. Reliable to a fault, has a new clutch, and holds a lot of stuff + 36 mpg.

What would it take to get you to buy this car today?

Call "Big Al" at
Shiftright Motors

Michaell

Mr_Shiftright said:

Sort of. (man, you have a good memory---creepy, actually )

Yes, I bought it new, then sold it to my friend when I bought the Mini. Now she's ill and has to get rid of it, so I'm going to sell it for her. So I need to price it right. Back bumper's scraped up so once Q gives me a number I can extrapolate to Retail and then deduct a bit for paintwork.

The xA is actually a great little car for some young 'un. Reliable to a fault, has a new clutch, and holds a lot of stuff + 36 mpg.

What would it take to get you to buy this car today?

Call "Big Al" at
Shiftright Motors

My wife calls me "useless information man"

stickguy

I rarely recognize people by face, hardly ever remember names, but if I ever knew what you drove I will remember it. That is how I place people from the neighborhood to which house they live in.

corvette

I'm not good with faces or names. The face thing, I work around by remembering their hair color and style. So if someone changes their hair, I'm not going to recognize them!

tj11119

breld said:

Hey Q - Since I'm getting the Type R after all, the GTI is on the chopping block. I'll probably take it to Carmax to get a gauge on the value for starters, but curious what the auction values (if any) are on such a new vehicle: In CO: 2017 GTI 4-door Sport White Manual trannie 3,500 miles or so Thanks!

Wanted to ask why the move to the civic R?
Im thinking that GTI sport is really nice as is and has lots of potential with a little add ons. 

qbrozen

Ain't worth more fhan any other running car, shifty. $2250 or so at the block.

stickguy

red the C&D road test of the Civic R. sounds like fun. But the absurdly skinny sidewalls (30 series tires?), no way that would work around here. Not with our bombed out roads.

breld

tijuana19 said:

breld said:

Hey Q -

Since I'm getting the Type R after all, the GTI is on the chopping block.

I'll probably take it to Carmax to get a gauge on the value for starters, but curious what the auction values (if any) are on such a new vehicle:

In CO:

2017 GTI 4-door Sport
White
Manual trannie
3,500 miles or so

Thanks!

Wanted to ask why the move to the civic R?
Im thinking that GTI sport is really nice as is and has lots of potential with a little add ons. 

Well, for one, I tend to cycle through cars quicker than I should. So when I get the "itch" I tend to make a move.

And two, I have been nostalgic to get into a Honda product - I had what I would consider some of the more "classic" Honda models when I was younger, like an older Civic Si and a Prelude. The Type R is one of the first Honda models in a while to get my juices flowing - and that's in spite of the over the top styling.

The GTI is a wonderful vehicle and easy to recommend to anyone seeking a fun, sporty vehicle combined with practicality. I've had three of them.

breld

stickguy said:

red the C&D road test of the Civic R. sounds like fun. But the absurdly skinny sidewalls (30 series tires?), no way that would work around here. Not with our bombed out roads.

Yup - this is probably the first time I'm strongly considering the "wheel & tire" insurance offered by the dealer.

And/or I may look into what 18" or 19" wheels fit.

Michaell

stickguy said:

red the C&D road test of the Civic R. sounds like fun. But the absurdly skinny sidewalls (30 series tires?), no way that would work around here. Not with our bombed out roads.

The roads here are a little bit better, but the fleet is large enough that it can stay in the garage when the weather is nasty.

breld

Oh yeah - the Type R won't be seeing snow.

nyccarguy

breld said:

Oh yeah - the Type R won't be seeing snow.

Of course it won't.  You won't have it by the time winter rolls around.

breld

Michaell

nyccarguy said:

breld said:

Oh yeah - the Type R won't be seeing snow.

Of course it won't.  You won't have it by the time winter rolls around.


He shoots, he scores!

28firefighter

nyccarguy said:

breld said:

Oh yeah - the Type R won't be seeing snow.

Of course it won't.  You won't have it by the time winter rolls around.

Bazinga

tifighter

nyccarguy said:

breld said:

Oh yeah - the Type R won't be seeing snow.

Of course it won't.  You won't have it by the time winter rolls around.


Fish in a barrel, right here.

nyccarguy

I'll be here all week folks.  Don't forget to tip your server.  Drops the mic.

qbrozen

breld said:

breld said:

Hey Q - Since I'm getting the Type R after all, the GTI is on the chopping block. I'll probably take it to Carmax to get a gauge on the value for starters, but curious what the auction values (if any) are on such a new vehicle: In CO: 2017 GTI 4-door Sport White Manual trannie 3,500 miles or so Thanks!

Wanted to ask why the move to the civic R?
Im thinking that GTI sport is really nice as is and has lots of potential with a little add ons. 

Well, for one, I tend to cycle through cars quicker than I should. So when I get the "itch" I tend to make a move. And two, I have been nostalgic to get into a Honda product - I had what I would consider some of the more "classic" Honda models when I was younger, like an older Civic Si and a Prelude. The Type R is one of the first Honda models in a while to get my juices flowing - and that's in spite of the over the top styling. The GTI is a wonderful vehicle and easy to recommend to anyone seeking a fun, sporty vehicle combined with practicality. I've had three of them.

You didn't actually drive one yet, is that correct?

stickguy

From reading the reviews, sounds like the seats are really good. But I found the Si seats to be a perfect fit, and other than that, it drove very nicely. So I can pretty much guarantee the Si would be a way better option for me, especially as a DD.

Mr_Shiftright

qbrozen said:

Ain't worth more fhan any other running car, shifty. $2250 or so at the block.

Thanks Q--I'll try to squeeze as much as I can out of it. I might hang $3995 on it and see what happens.

breld

Hey Q -

Helping out a friend on one:

In CO:

2017 Kia Sorento LX AWD
17k miles
CPO at Kia dealer
I think outside the model designation, options are pretty bare. There are a bunch of these around - most of which I believe are ex-rentals.

Do you have some auction values on these, and what a fair CPO price should be?

Thanks!

breld

qbrozen said:

breld said:

tijuana19 said:

breld said:

Hey Q -

Since I'm getting the Type R after all, the GTI is on the chopping block.

I'll probably take it to Carmax to get a gauge on the value for starters, but curious what the auction values (if any) are on such a new vehicle:

In CO:

2017 GTI 4-door Sport
White
Manual trannie
3,500 miles or so

Thanks!

Wanted to ask why the move to the civic R?
Im thinking that GTI sport is really nice as is and has lots of potential with a little add ons. 

Well, for one, I tend to cycle through cars quicker than I should. So when I get the "itch" I tend to make a move.

And two, I have been nostalgic to get into a Honda product - I had what I would consider some of the more "classic" Honda models when I was younger, like an older Civic Si and a Prelude. The Type R is one of the first Honda models in a while to get my juices flowing - and that's in spite of the over the top styling.

The GTI is a wonderful vehicle and easy to recommend to anyone seeking a fun, sporty vehicle combined with practicality. I've had three of them.

You didn't actually drive one yet, is that correct?

Well, no.

I'm making some assumptions based on my test drives of the Civic Si and reviews and making a leap of faith to buy one. The main thing I researched is how harsh the ride may be with the firmer suspension and low profile tires. Based on that research, I got comfortable with it for my purposes, but we shall see.

The biggest driver for me in making that leap of faith is the relatively low risk on resale.

nyccarguy

breld said:

Hey Q - Helping out a friend on one: In CO: 2017 Kia Sorento LX AWD 17k miles CPO at Kia dealer I think outside the model designation, options are pretty bare. There are a bunch of these around - most of which I believe are ex-rentals. Do you have some auction values on these, and what a fair CPO price should be? Thanks!

For a "friend," huh?  Sure.  

explorerx4

Now you know what he is looking to drive in the winter.

breld

Yes, the big follow-up to the Civic Type R purchase is...a used Kia Sorento.

The Durango should be just fine for winter duty.

explorerx4

@breld, I know you have the Durango, but I couldn't pass up the opportunity.

pikaru

qbrozen said:

pikaru said:

Michaell said:

pikaru said:

Looking for trade-in value on a 2014 Audi A6 3.0T Prestige w/ 44500 on the odometer. Standard options, no extras. Thanks!

Location?

Color - inside and out?

Condition?

Las Vegas, NV

Ext - Phantom Black Pearl Effect
Int - Black

I'd say average to good condition. No damage or real huge wear on inside, however outside has door dings, tires need to be replaced, minor curb rash, and some bumper scraping where paint came off.

Ouch. Black/black in vegas, needs work, needs service, and it is an A6. Whew. This will hurt.

Looking at $25k range. Could push up to $26k if they are feeling generous or are clueless.

Thanks! Maybe more clueless/looking to make a quick sale. Was offered $25K, but as soon as I started walking they offered $28K.

akedmunds1

Hi qbrozen,
This past April, you had said the auction value for a 2014 Mercedes-Benz E350 4Matic (gas V6, AWD) in the Portland, OR area with 25k-40k miles was $28K. Thank you for the answer!

What is the auction value of one loaded with options like Parktronic and Lane-keeping (but not Distronic)?

Also, does the value change if the Mercedes-Benz dealer selling it is offering it as a CPO car?

It turns out, I have found one with ~27000 miles that the dealer is asking $35,500 for currently. It has been on sale for > 70 days and is probably a lease return. Any suggestions for how much you think I should offer?

Anyone else beside qbrozen, feel free to chime in

qbrozen

Lets see... $29k current auction value. Maybe they put $3k to hit CPO. Add $2500 profit. So $34.5k would be top of the mark. I'd say start them out at $32k. If you can get it for $33.5k in the end, I think you did OK. Anything more is a bonus.

kyfdx

@qbrozen
2011 X3 28i xDrive
Premium
Leather
xenons
NAV
Bluewater Metallic
Black leather
Pano roof
Heated front/rear seats
Heated steering wheel
Comfort access (smart key)
94K miles
Tires about 50% (25K left)
All dealer service with records
2nd owner since 28K miles
Good condition (excellent condition for 94K)
Always garaged

This is my trade-in.

Thanks!

kyfdx

@qbrozen

Wondering what this independent dealer might have in this car:
http://www.luxurymotorcarcompany.com/2015-Audi-Q5-Cincinnati-OH-Dayton-Columbus_-OH-_-Indianapolis_-IN-Lexington_-KY/used_car/w3Xey[bPR70=

2015 Audi Q5 3.0T (supercharged V-6)
19,400 miles
Premium Plus trim
Gray/Gray
Accident on CarFax
WA1DGAFP4FA087387

qbrozen

about $9500 for yours.

Accident, huh? That would explain the price. I couldn't tell you what they might have in it. Going to depend on that accident, how much was repaired, and how well it was repaired. By now, you probably know my personal take on dirty carfax. I deduct 20% off the top. That would put auction value at $28k on this and your buy price at $31k TOPS. Admittedly, they probably have more than that in it. But is that your concern? If you think you'll keep it forever, it doesn't matter. If you know you'll want to trade down the line, well, that dealer certainly won't be lenient with that dirty carfax.

kyfdx

Thanks. Does that mean auction value is $35K, with a clean carfax? Or, am I misunderstanding?

kyfdx

I paid $32K for the X3 in 2013 with 28K miles.

A little over 4 years and 66K miles later, it's worth $9500.
I'm guessing a dirty carfax wouldn't amount to much difference , now.

So, maybe I wouldn't have to keep it forever, just back up to the 90K mile level?

andres3

kyfdx said:

I paid $32K for the X3 in 2013 with 28K miles.

A little over 4 years and 66K miles later, it's worth $9500.
I'm guessing a dirty carfax wouldn't amount to much difference , now.

So, maybe I wouldn't have to keep it forever, just back up to the 90K mile level?

Well, the lower the value, the less 20% deduct is.

I remember my A3 was worth 6K dirty, 7K clean to give you an idea. 6/7ths rule.

kyfdx

That was my point. If I keep the car until it's worth under $10K, then a bad carfax won't make much difference. If I can save $3K on the front end, I'll be ahead in the end.

andres3

kyfdx said:

That was my point. If I keep the car until it's worth under $10K, then a bad carfax won't make much difference. If I can save $3K on the front end, I'll be ahead in the end.

As long as you don't mind potential issues due to the previous wreck. In previously wrecked vehicles I've noticed the following issues that wouldn't necessarily be noticeable immediately upon return of the car right after it is fixed (time-lapsed problems):

1) reduced handling capability (probably somewhat due to less body rigidity/metal fatigue)
2) increased rattles
3) reduced paint quality, durability, resistance to chips, fading, and more.
4) more failure-prone replacement parts (even if OEM).
5) body panel gap movement/increase over time
6) cracked windshield
7) reduced safety in the event of another wreck. There's a reason manufacturer's won't CPO a crashed vehicle, and it mostly has to due with safety/liability.

Mr_Shiftright

kyfdx said:

That was my point. If I keep the car until it's worth under $10K, then a bad carfax won't make much difference. If I can save $3K on the front end, I'll be ahead in the end.

Really it all depends on what you are selling and at what price. If it were a Ferrari, you couldn't give it away. If it's an Subaru Outback in snow country, the Carfax wouldn't matter at all at that mileage.

qbrozen

kyfdx said:

Thanks. Does that mean auction value is $35K, with a clean carfax? Or, am I misunderstanding?

That is correct. They are $35k at the block.

kyfdx

qbrozen said:

kyfdx said:

Thanks. Does that mean auction value is $35K, with a clean carfax? Or, am I misunderstanding?

That is correct. They are $35k at the block.

Thanks. That's the asking price, so looks like a discount for carfax ding. Not 20%, though. My wife really doesn't need the extra power, though. But, the option list matches what she wants. I drove it today, because it's local. It's nice, but she'd rather have another X3.

explorerx4

@kyfdx,
You probably put too many miles on to lease, but it could be closer than you think adding in maintenance on something with miles on it.
If you need some leasing numbers, I know an Edmunds guy.

Michaell

explorerx4 said:

@kyfdx,
You probably put too many miles on to lease, but it could be closer than you think adding in maintenance on something with miles on it.
If you need some leasing numbers, I know an Edmunds guy.

Thanks for thinking of me - I stand ready to help.

kyfdx

Thinking about a road trip to check this one out:
http://www.fishersimports.com/used/BMW/2015-BMW-X3-47fac9340a0d0cc75679ec1d695d878d.htm
@stickguy. check out the seats

About two hours from here. Ticks all the boxes.

@explorerx4 I've considered it. My wife's mileage needs are hard to pin down, right now. But, they seem to be heading into the 18K/yr range. Given my experience with the current car, you may be right, though. 66K miles in 51 months. $34K cost (w/tax). Ending value of $9500. $480/mo, and all maintenance and repair on my dime, after 20 months. A lease may have been cheaper.

qbrozen

Anything wrong with the current x3? You are just now at the point where depreciation has slowed to a crawl so you'd be cutting it loose at a bad time, unless it is due for a ton of maintenance.

kyfdx

qbrozen said:

Anything wrong with the current x3? You are just now at the point where depreciation has slowed to a crawl so you'd be cutting it loose at a bad time, unless it is due for a ton of maintenance.

Front/rear brakes in next 10K miles. Clean bill of health at last service, a couple of weeks ago. I get the point about depreciation, but at current mileage rate, we won't keep it that much longer. My car has 109K, and I'm only doing 6K/yr. That's the one I'll keep driving, maybe until I die.... since I passed on @breld 's GTI.

stickguy

Nice X3. Steep price. Hate the all black ones interior

kyfdx

stickguy said:

Nice X3. Steep price. Hate the all black ones interior

We like that color combo. We have black interior in both of our cars. You get used to it.