Real-World Trade-In Values

Michaell

Back when I was working in CA around 1990, my company hired 3 recent college graduates. Each bought a new car:

One got a Nissan Sentra
One got a Volvo 240DL
One got a Wrangler

I was "lucky" enough to ride in the Wranger to a customer site in LA - about 60 miles. Man, that was probably the roughest riding car I've ever been in, ever.

I, too, get the appeal, but couldn't have one as my DD. No way. As a toy, sure.

roadburner

stickguy said:

roadburner said:

My wife, son, and I still love our 1999 Wrangler Sahara- this May will make 15 years that I've owned it. The only thing I'd replace it with is another Jeep.

And you aren't DDing it and putting 22k a year on it. Attracting can wane doing that.

It was my DD from 2002 to 2007.

Mr_Shiftright

Oof...I'd drink and drive if I had to do that every day.

tbirdmarco

@explorerx4 sounds good to me good choice to replace the fuzian! toras sho posabal to that is not luxo tho!

tbirdmarco

@Michaell your por frend has to get one new car maby two if not fixing the explorier! did your frend endup finding an pickup truck? and what are they going to do with the explorier?

Michaell

Marcothecarguy1986 said:

@Michaell your por frend has to get one new car maby two if not fixing the explorier! did your frend endup finding an pickup truck? and what are they going to do with the explorier?

I've learned that the Explorer needs a new catalytic converter.

tbirdmarco

@Michaell that is still sum thing but not as bad! witch is an good thing! hope that you had an good weekend! have an good up cumming week!

tbirdmarco

@explorerx4 mom has an fuzen Hibrid rental fully loaded and she loves it! told her next year when leese is up on Maxima should go and look at one. and to change it up! sat in it have not riden in it yet at sum point this weekend she has it until the end of next week! this one is gray black int

100chuck

Hey is this group still active? No post for two weeks

Michaell

We're still here .. guess no one needs to have their car valued.

I will regularly direct folks to this thread if they are looking to get a value of their leased vehicle.

stickguy

I could ask on my Sonata, but I already know it is way less than the residual, and I am not trading it in instead of giving it back!

And my wife won't let me ask about the RDX, even though we now have the title burning a hole in the lock box.

ncage1974

Hi, everyone. I was suggested to post my car i'm going to trade in to see what a dealer would pay for it. I have a 2011 prius 2 (pretty much base) with 48,000 miles on it. The car is immaculate condition. Its red in color. I'm located in the Springfield,IL area. What can I expect the dealer to pay for it?

thanks...

qbrozen

ncage1974 said:

Hi, everyone. I was suggested to post my car i'm going to trade in to see what a dealer would pay for it. I have a 2011 prius 2 (pretty much base) with 48,000 miles on it. The car is immaculate condition. Its red in color. I'm located in the Springfield,IL area. What can I expect the dealer to pay for it? thanks...

Hello.
should be looking at $6500-$7k. Could go up to $7500 if they want to keep it and put it on the front line.

ncage1974

qbrozen said:

ncage1974 said:

Hi, everyone. I was suggested to post my car i'm going to trade in to see what a dealer would pay for it. I have a 2011 prius 2 (pretty much base) with 48,000 miles on it. The car is immaculate condition. Its red in color. I'm located in the Springfield,IL area. What can I expect the dealer to pay for it?

thanks...

Hello.
should be looking at $6500-$7k. Could go up to $7500 if they want to keep it and put it on the front line.

Thanks a bunch. It sounds like the better route might be to go to eBay. To be honest for that price i would probably keep it but on ebay i see one with over 90,000 miles on it and its already at 10,000.

Mr_Shiftright

Yes but that's retail, keep in mind, Nonetheless, you'd be better off selling on your own I think. Dealer would probably spiff it up and put an $11,995 tag on it and see how she rolls. I see one in my area (California with even lower miles than yours, (38K) listed at $12,990 through a Toyota dealer. Of course, they offer financing, etc which you can't compete with. I don't see why you couldn't get $10K for it.

qbrozen

ncage1974 said:

ncage1974 said:

Hi, everyone. I was suggested to post my car i'm going to trade in to see what a dealer would pay for it. I have a 2011 prius 2 (pretty much base) with 48,000 miles on it. The car is immaculate condition. Its red in color. I'm located in the Springfield,IL area. What can I expect the dealer to pay for it? thanks...

Hello.
should be looking at $6500-$7k. Could go up to $7500 if they want to keep it and put it on the front line.

Thanks a bunch. It sounds like the better route might be to go to eBay. To be honest for that price i would probably keep it but on ebay i see one with over 90,000 miles on it and its already at 10,000.

Unfortunately, for that car, the difference between 48k miles and 90k miles is only a thousand bucks. Is the one on ebay also a level 2 and a 2011? $10k is still plausible if so, but that is definitely high retail. 

souxsmooth

Looking for trade in value for 2016 Prius (Base Model), 18,500 miles in San Diego. Thanks.

qbrozen

souxsmooth said:

Looking for trade in value for 2016 Prius (Base Model), 18,500 miles in San Diego. Thanks.

Color? Condition? And past or present damage?

souxsmooth

qbrozen said:

souxsmooth said:

Looking for trade in value for 2016 Prius (Base Model), 18,500 miles in San Diego. Thanks.

Color? Condition? And past or present damage?

Gray, good condition, no accidents or damage.

qbrozen

souxsmooth said:

qbrozen said:

souxsmooth said:

Looking for trade in value for 2016 Prius (Base Model), 18,500 miles in San Diego. Thanks.

Color? Condition? And past or present damage?

Gray, good condition, no accidents or damage.

$16k-$16.5k

Mr_Shiftright

Q--I need a fair RETAIL price on a car for a friend, so I decided to keep it objective and ask the group:

Year 2000 Mercedes C230 Kompressor (sedan) , 82,000 miles, extremely nice condition, San Francisco North Bay area.

sb55

Q. May I please have an appraisal.
2014 Chevy Silverado, Double Cab, standard bed, 4x4, LT package, heated seats, rear defogger and running boards. Brownstone metallic with tan/brown interior. 24k Miles. No hits or any problems. It has had seat covers, a bed liner and bed cover since new. In Northern Vermont.
Thinking of trading for truck with the max tow package.

qbrozen

Mr_Shiftright said:

Q--I need a fair RETAIL price on a car for a friend, so I decided to keep it objective and ask the group:

Year 2000 Mercedes C230 Kompressor (sedan) , 82,000 miles, extremely nice condition, San Francisco North Bay area.

well, of course comps are near impossible. There was one just a couple of weeks ago in San Diego with 70k miles, surprisingly. Sold for $2100. HOWEVER, the condition was rated at a 2.6/5. Another in New England with 127k miles and 3.1 condition sold for $3600. So wherein lies reality? We are talking about an exception here, and it will be worth what someone is willing to pay. My gut says $5k would not be an offensive price to pay, provided it is a decent color and shows real nice.

qbrozen

sb55 said:

Q. May I please have an appraisal.
2014 Chevy Silverado, Double Cab, standard bed, 4x4, LT package, heated seats, rear defogger and running boards. Brownstone metallic with tan/brown interior. 24k Miles. No hits or any problems. It has had seat covers, a bed liner and bed cover since new. In Northern Vermont.
Thinking of trading for truck with the max tow package.

This is a 1500? Which engine?

andres3

2016 Kia Optima LX Turbo Eco 1.6T with 7-Speed DSG, metallic white, beige interior, 13,000 miles, good condition (of course it's only 13 months old soon). San Diego, CA

I probably won't want to make a move, but worth asking.

nyccarguy

andres3 said:

2016 Kia Optima LX Turbo Eco 1.6T with 7-Speed DSG, metallic white, beige interior, 13,000 miles, good condition (of course it's only 13 months old soon). San Diego, CA

I probably won't want to make a move, but worth asking.

You are going to be BURIED in negative equity on that KIA lease my friend.

stickguy

Yup. I never even bothered to ask about the sonata. I knew that one was being ridden to the end!

corvette

sb55 said:

Q. May I please have an appraisal. 2014 Chevy Silverado, Double Cab, standard bed, 4x4, LT package, heated seats, rear defogger and running boards. Brownstone metallic with tan/brown interior. 24k Miles. No hits or any problems. It has had seat covers, a bed liner and bed cover since new. In Northern Vermont. Thinking of trading for truck with the max tow package.

Sounds nice. I’ll give you $5k for it! 

Mr_Shiftright

qbrozen said:

Q--I need a fair RETAIL price on a car for a friend, so I decided to keep it objective and ask the group: Year 2000 Mercedes C230 Kompressor (sedan) , 82,000 miles, extremely nice condition, San Francisco North Bay area.

well, of course comps are near impossible. There was one just a couple of weeks ago in San Diego with 70k miles, surprisingly. Sold for $2100. HOWEVER, the condition was rated at a 2.6/5. Another in New England with 127k miles and 3.1 condition sold for $3600. So wherein lies reality? We are talking about an exception here, and it will be worth what someone is willing to pay. My gut says $5k would not be an offensive price to pay, provided it is a decent color and shows real nice.

_______________________________________

Thanks Q! That sounds about right to me, too. The condition and miles are great but it's a pretty commonplace car otherwise.

sb55

qbrozen said:

sb55 said:

Q. May I please have an appraisal.
2014 Chevy Silverado, Double Cab, standard bed, 4x4, LT package, heated seats, rear defogger and running boards. Brownstone metallic with tan/brown interior. 24k Miles. No hits or any problems. It has had seat covers, a bed liner and bed cover since new. In Northern Vermont.
Thinking of trading for truck with the max tow package.

This is a 1500? Which engine?

Whoops. Yes 1500 with 5.3 V-8

stickguy

curious on a used car. what is realistic on a 2012 MB C300. Black over beige. AWD. 80K miles. Looks real clean. Moonroof, and command Navi package (includes BU camera). dealer asking $12,995

qbrozen

andres3 said:

2016 Kia Optima LX Turbo Eco 1.6T with 7-Speed DSG, metallic white, beige interior, 13,000 miles, good condition (of course it's only 13 months old soon). San Diego, CA I probably won't want to make a move, but worth asking.

13 mos old, 13k miles, worth $13k.

qbrozen

sb55 said:

Q. May I please have an appraisal. 2014 Chevy Silverado, Double Cab, standard bed, 4x4, LT package, heated seats, rear defogger and running boards. Brownstone metallic with tan/brown interior. 24k Miles. No hits or any problems. It has had seat covers, a bed liner and bed cover since new. In Northern Vermont. Thinking of trading for truck with the max tow package.

This is a 1500? Which engine?

Whoops. Yes 1500 with 5.3 V-8

$25.5k-$26k

qbrozen

stickguy said:

curious on a used car. what is realistic on a 2012 MB C300. Black over beige. AWD. 80K miles. Looks real clean. Moonroof, and command Navi package (includes BU camera). dealer asking $12,995

Suspiciously low. $12k auction car.

stickguy

Thanks. Seemed cheap. But he doesn't deal in schlock.

Mr_Shiftright

Tostickguy said:

Thanks. Seemed cheap. But he doesn't deal in schlock.

Post a VIN if you have one. Maybe there's a clue in Carfax

stickguy

In here

http://www.royaleasing.com/detail-2012-mercedes~benz-c~class-4dr_sedan_c_300_luxury_4matic-used-16821093.html

Sandman6472

Stick, like that MB but ask yourself, in another couple of years from now, are you gonna be happy with it? Older tech as it is now and since you've driven a lot of the current stuff, would you be satisfied after a short time? My gut is saying no as I also like those last generation C Class MB's but not sure I could actually pull the trigger and be 100% happy. Personally, I'd rather get a BMW truth be told or something with up to date tech.

The Sandman

andres3

qbrozen said:

andres3 said:

2016 Kia Optima LX Turbo Eco 1.6T with 7-Speed DSG, metallic white, beige interior, 13,000 miles, good condition (of course it's only 13 months old soon). San Diego, CA

I probably won't want to make a move, but worth asking.

13 mos old, 13k miles, worth $13k.

Ouch! With that kind of depreciation, might as well buy the German sport sedans. I'm pretty sure $13K is under the residual (or very close to it!)! LOL! 23 months to go and counting!

That would suck if it got totalled. Now I remember why I like Honda.

stickguy

Sandy, it would be a cheap option to tide me over for a year or two. But after driving this generation and new model back to back recently, yes I would miss the goodies!

qbrozen

andres3 said:

Ouch! With that kind of depreciation, might as well buy the German sport sedans. I'm pretty sure $13K is under the residual (or very close to it!)! LOL! 23 months to go and counting!

That would suck if it got totalled. Now I remember why I like Honda.

typically, leases come with gap protection built in. At least in NJ they do.

qbrozen

stickguy said:

In here

http://www.royaleasing.com/detail-2012-mercedes~benz-c~class-4dr_sedan_c_300_luxury_4matic-used-16821093.html

Not bad. Autocheck is clean; however, it is reported to have had 3 owners already. That definitely can hurt the value as it raises suspicion. But if you keep it 3 years and run it up to 110k miles, I'd imagine it would still be worth $7k-$8k or so. Not a bad way to travel for $2k/yr depreciation.

28firefighter

qbrozen said:

stickguy said:

In here

http://www.royaleasing.com/detail-2012-mercedes~benz-c~class-4dr_sedan_c_300_luxury_4matic-used-16821093.html

Not bad. Autocheck is clean; however, it is reported to have had 3 owners already. That definitely can hurt the value as it raises suspicion. But if you keep it 3 years and run it up to 110k miles, I'd imagine it would still be worth $7k-$8k or so. Not a bad way to travel for $2k/yr depreciation.

Assuming no major repairs in that time. With 3 owners you have to wonder why...

stickguy

That was the concept. Wildcard being what kind of maintenance costs you would run up. Factor that in, and roughly a wash to a $200-$225 cheap lease, money wise.

andres3

qbrozen said:

andres3 said:

Ouch! With that kind of depreciation, might as well buy the German sport sedans. I'm pretty sure $13K is under the residual (or very close to it!)! LOL! 23 months to go and counting!

That would suck if it got totalled. Now I remember why I like Honda.

typically, leases come with gap protection built in. At least in NJ they do.

Oh yes, forgot about GAP! (So I owe $205 x 23 + Residual). The car is worth about residual, so basically, GAP will pay for my remaining 23 payments then should something bad happen to the Kia.

changehiphop

Hi folks!

Realistic trade value for a 2009 Dodge Grand Caravan SXT, VIN: 2D8HN54X09R571467 with about 95K on the odometer?

Thanks!

qbrozen

color and location can make a few hundred dollar difference. But $3500-$4k roughly.

explorerx4

Q,
It's been about a year since I bought something and I'm getting the itch.
In CT, have a 2017 Fusion SE FWD, 7k miles, gray over black, 1.5 turbo engine, heated leather seats, touch screen, moonroof, upgraded 18 inch Mach wheels.
Not sure if other stuff like Stop/Start, push button start, factory remote start, HID lights matter.

On Long Island, looking at a 2016 Lincoln MKZ AWD, CPO, 15k miles, black/black, 2.0 turbo, heated seats, touch screen NAV, moonroof, upgraded 19 inch wheels. asking 27.5.
Looking at the carfax for the MKZ, driven 5k every 6 months but no maintenance records.

qbrozen

$15k for yours and $24.5k-$25k for theirs. So $10k difference should be easy enough.

Is a Fusion to an MKZ worth it?

stickguy

if the Fusion didn't have black guts, I would give you 15K for it.