Real-World Trade-In Values

kyfdx

stickguy said:

The 6 still does. Pretty sure my RDX has one. My 2005 accord 4 was a belt

Pretty sure you are wrong about the 2005 Accord

stickguy

Typo. I meant chain.

Mr_Shiftright

qbrozen said:

steine13 said:

http://www.youngautosales.com/used/Honda/2008-Honda-Accord-b133627a0a0e0ae83c2f6da6521345ac.htm
2008 Honda Accord LX 5sp 144k miles.
VIN : 1HGCP25308A064859
Looks alright to me, asking $6k.
It needs a careful inspection and a long test drive. 40 min from here which is a pain but it's totally out of its element in rural michigan at a chevy dealer so it's got potential.

$5k is more than generous. $4k is more like it. Anywhere in between is OK. Oddly, autocheck has NO history on this car since it was first sold new. 

CARFAX has a full report. One owner, lots of maintenance. local car. Everything looks pretty darn good on this car.

qbrozen

Mr_Shiftright said:

qbrozen said:

steine13 said:

http://www.youngautosales.com/used/Honda/2008-Honda-Accord-b133627a0a0e0ae83c2f6da6521345ac.htm
2008 Honda Accord LX 5sp 144k miles.
VIN : 1HGCP25308A064859
Looks alright to me, asking $6k.
It needs a careful inspection and a long test drive. 40 min from here which is a pain but it's totally out of its element in rural michigan at a chevy dealer so it's got potential.

$5k is more than generous. $4k is more like it. Anywhere in between is OK. Oddly, autocheck has NO history on this car since it was first sold new. 

CARFAX has a full report. One owner, lots of maintenance. local car. Everything looks pretty darn good on this car.


I don't trust history reports, but man that is a big difference between the 2 reports!

Mr_Shiftright

Sure you have to take them with a grain--but this report has a LOT of detailed items in it and they all make sense.

qbrozen

oh, i'm not saying carfax is wrong (in this case). just scary when shown an example of a report that has nothing and yet there were so much data obviously available. just proves the point that no report is foolproof.

steine13

Thanks, guys. Ya I wasn't going to pay $6+TTL for this thing either, but if it checks out -- and the report says it might -- $5 OTD is not out of the question. I mean, if taken care of there's no reason this thing shouldn't do another 50k... plenty of examples for 200k+ Honda four cylinders. Maintenance being the key.

I hate that it's 40 min to get there and I don't have a tame mechanic within range... a bread-and-butter car like that I can probably evaluate myself -- if you can see into the cylinder head and look at the valves and timing chain, you know whether it's been maintained. After that it's down to body damage and a good test drive..listening.. paying attention .. looking for leaks....but when recommending a car to someone, I always prefer to have my mechanic take a look. Some day I'm gonna mess up and then I'll wish I had some backup...

FWIW, carfax and autocheck are valuable resources. Two problems: Wrong information -- like wrong mileage entered leading to TMU -- this you have to know about before you buy, even if it's obviously bogus... and missing information, which is quite common. I consider it necessary but not sufficient.

Mr_Shiftright

If they let you take it out by yourself, just drive the snot out of it and see if anything breaks, leaks, makes noise or refuses to work. Then walk around it, see if it sits level, then lift up the mats and check for water/mildew.

alexa01

Hey guys looking for some help. Want to trade in my 01 S600 for a 17 Lariat Midwest region(Iowa) What kind of numbers can I expect on trade?

Trade in
Mercedes S600 Sport with AMG badging
82k miles
VIN WDBNG78J91A199566
Iridium Silver exterior
Silver interior
Condition: clean, no rust. fully loaded. one small mark on side rear driver side near trunk. Someone leaned backwards and didn't realize how far away they were. not that noticeable but figure it's still a dent. Needs o2 sensor and air filter but I might get those done before trading depending how much difference is.

stickguy

I’m getting popcorn out.

28firefighter

With a CEL due to the faulty O2 sensor? I'm guessing $1500-$2000 mostly as a courtesy.

Also getting popcorn out.

alexa01

ha. got my use from it over the yrs so mainly just figuring if worth the hassle of private sale or if he's going to the auction for pennies. either way, now that he's 17 it's time to leave the nest but I still want the most pennies I can get

28firefighter

Paging @fintail. This seems right up your alley.

qbrozen

alexa01 said:

Hey guys looking for some help. Want to trade in my 01 S600 for a 17 Lariat Midwest region(Iowa) What kind of numbers can I expect on trade? Trade in Mercedes S600 Sport with AMG badging 82k miles VIN WDBNG78J91A199566 Iridium Silver exterior Silver interior Condition: clean, no rust. fully loaded. one small mark on side rear driver side near trunk. Someone leaned backwards and didn't realize how far away they were. not that noticeable but figure it's still a dent. Needs o2 sensor and air filter but I might get those done before trading depending how much difference is.

5 owners on that Benz? Is that accurate? Yikes!

You MIGHT get $1k out of it.

Take care of that CEL and put $3995 on it. Should sell pretty quick to some sucker trying to look rich.

corvette

Damn, it’s amazing how age flattens the depreciation curve across all makes and models. 2002 Buick Park Avenue Ultra - $3,500 private party price. About the same as a 2001 S600 (much higher MSRP) or a 2002 Volvo S80 (similar MSRP but different demographic). 

fintail

I don't know prices, but I was mentioned, so I will chime in I don't want to be all gloom and doom, but I know an indy mechanic who refuses to take in early W220 V12 like that, as he's had a couple customers abandon the cars once the bills got too high. Cool cars when everything is working, but that doesn't seem to be all the time, as the cars age. Suspension (ABC) on the cars is a real Achilles heel and if the car is driveable, has probably been fixed at least once already by now. Compare trade in 16 years later vs original MSRP, and prepare to cringe. You'll want to know a friendly mechanic, or be a good DIYer. Everything needs to be functional for it to be worth much.

Funny thing on these cars, I actually prefer the non sport/AMG wheels, an unusual design paid homage to by the current S600 Maybach.

nyccarguy

stickguy said:

I’m getting popcorn out.

Pass the popcorn

nyccarguy

fintail said:

I don't know prices, but I was mentioned, so I will chime in I don't want to be all gloom and doom, but I know an indy mechanic who refuses to take in early W220 V12 like that, as he's had a couple customers abandon the cars once the bills got too high. Cool cars when everything is working, but that doesn't seem to be all the time, as the cars age. Suspension (ABC) on the cars is a real Achilles heel and if the car is driveable, has probably been fixed at least once already by now. Compare trade in 16 years later vs original MSRP, and prepare to cringe. You'll want to know a friendly mechanic, or be a good DIYer. Everything needs to be functional for it to be worth much.

Funny thing on these cars, I actually prefer the non sport/AMG wheels, an unusual design paid homage to by the current S600 Maybach.

Ha! "customers abandon the cars once the bills get too high"

fintail

So wacky, it has to be true. I remember he pointed at one and said something like he doesn't want to see another. Slightly older guy who probably would be happier working on my fintail.

I don't want to sound like I am poo-pooing the OPs car - they are cool cars when all is right, amazingly comfortable. a wafty V12 will always be enjoyable, and they can be made to sound fun with little work. But, they are also proof of the German love of complexity and bleeding edge tech. The W221 V12s that replaced it seem to fare far better.

If I was chasing a turn of the century MB V12, I might go for a coupe, as they have aged well styling-wise, are true hardtops, and more rare. Here's one with the wheels I mentioned, they still push my buttons somehow:

nyccarguy said:

Ha! "customers abandon the cars once the bills get too high"

Mr_Shiftright

I would think a clean one with no issues could sell for $5,000 retail, but if the phone doesn't ring and one person finally shows up with cash, for a lesser amount, I sure wouldn't shoo him away. I'd let it go for $3500.

Not sure I'd address the CEL though, at least not at first. If it's a bad catalytic or some such, the car is totaled.

cdnpinhead

The phrase I use is "popcorn and bleachers." Good fun for lots of people. Well, all but for the butt of the joke.

isellhondas

andres3 said:

Mr_Shiftright said:

That would be dealer high retail asking. Miles are closer to 35,000. Had a brand new long block installed at 22,000 miles and 3 owners so far.

Wow, that's a lot of owners, even for an R8, with very low miles. To me that's a red flag, 3 owners that drove it an average of less than 12,000 miles each? Something's fishy.

You have no idea what that car will cost you in repairs as it ages! A new long block at 22,000 miles?

Magnificent cars if you have deep pockets and know the risks!

isellhondas

stickguy said:

The 6 still does. Pretty sure my RDX has one. My 2005 accord 4 was a belt

Nope, your 2005 Accord had a timing chain! The belts went away on Accords in 2002. V-6's still use a belt.

isellhondas

Mr_Shiftright said:

I would think a clean one with no issues could sell for $5,000 retail, but if the phone doesn't ring and one person finally shows up with cash, for a lesser amount, I sure wouldn't shoo him away. I'd let it go for $3500.

Not sure I'd address the CEL though, at least not at first. If it's a bad catalytic or some such, the car is totaled.

That's the trouble with a CEL. You have to assume it's the worst possible thing because it often is!

We used to take in trades that didn't have a CEL on until the next day or so when it would "just happen" to come on! Imagine that? I would never suggest that just maybe someone cleared the code before bringing it in to trade!

alexa01

yea I keep saying i'm going to do some checking but that's a few notches down on the priority board. still trying to take apart my Expedition. I do love that Benz though. best riding car I've ever had. still haven't seen a new car with all the features I've got in it for less than 60k. testament to it's longevity. just goes to show you get what you pay for though. It's almost tax season though so i'm sure someone getting a 8k refund will be ready to ride a 100k car for the low low price of $4500

Mr_Shiftright

Shine it up, make it smell nice, write a glowing ad (seems like you have the talent) and the first man who flashes the cash--wrestle him to the ground. Your buyer is going to be a dreamer, not a worrier.

andres3

isellhondas said:

andres3 said:

Mr_Shiftright said:

That would be dealer high retail asking. Miles are closer to 35,000. Had a brand new long block installed at 22,000 miles and 3 owners so far.

Wow, that's a lot of owners, even for an R8, with very low miles. To me that's a red flag, 3 owners that drove it an average of less than 12,000 miles each? Something's fishy.

You have no idea what that car will cost you in repairs as it ages! A new long block at 22,000 miles?

Magnificent cars if you have deep pockets and know the risks!

Well, the R8 is supposed to be the affordable daily driven supercar. It is just an RS4 drivetrain after all.

kyfdx

2011 Lexus LS 460L AWD
50K miles
Black/black
Midwest
For sale by 2nd owner.
No issues.

For a "friend"

qbrozen

kyfdx said:

2011 Lexus LS 460L AWD 50K miles Black/black Midwest For sale by 2nd owner. No issues. For a "friend"

Pushing $23k at the block, so figure $25k or so

kyfdx

qbrozen said:

kyfdx said:

2011 Lexus LS 460L AWD
50K miles
Black/black
Midwest
For sale by 2nd owner.
No issues.

For a "friend"

Pushing $23k at the block, so figure $25k or so

Private seller asking $23K...guess that's a fair price, then.

Thanks!

corvette

Are you replacing the ZHP with that? 

kyfdx

corvette said:

Are you replacing the ZHP with that? 

Nah.. it really is for a friend.

28firefighter

That’s a lot of car for $25k. 

steine13

Mr_Shiftright said:

Shine it up, make it smell nice, write a glowing ad (seems like you have the talent) and the first man who flashes the cash--wrestle him to the ground.
Your buyer is going to be a dreamer, not a worrier.

Thanks, Shifty -- I'm going to add this to my repertoire. Well put.

28firefighter said:

That’s a lot of car for $25k. 

That's a lot of money for a seven-year-old car

qbrozen

steine13 said:

Shine it up, make it smell nice, write a glowing ad (seems like you have the talent) and the first man who flashes the cash--wrestle him to the ground. Your buyer is going to be a dreamer, not a worrier.

Thanks, Shifty -- I'm going to add this to my repertoire. Well put.

That’s a lot of car for $25k. 

That's a lot of money for a seven-year-old car

That's what I was thinking.

isellhondas

nyccarguy said:

fintail said:

I don't know prices, but I was mentioned, so I will chime in I don't want to be all gloom and doom, but I know an indy mechanic who refuses to take in early W220 V12 like that, as he's had a couple customers abandon the cars once the bills got too high. Cool cars when everything is working, but that doesn't seem to be all the time, as the cars age. Suspension (ABC) on the cars is a real Achilles heel and if the car is driveable, has probably been fixed at least once already by now. Compare trade in 16 years later vs original MSRP, and prepare to cringe. You'll want to know a friendly mechanic, or be a good DIYer. Everything needs to be functional for it to be worth much.

Funny thing on these cars, I actually prefer the non sport/AMG wheels, an unusual design paid homage to by the current S600 Maybach.

Ha! "customers abandon the cars once the bills get too high"

Hey, that happens! Some people will give the go ahead to fix a car then after thinking about it will abandon the car. They will tell the shop to just keep the car and they will sign over the title.

That's just great when the repair bill is 6000.00 on a 1500.00 car.

Mr_Shiftright

I help shops with lien sales on occasion, for this very reason. It goes something like this:

Customer: "OK, replace the head gaskets"

Shop (later) "Oh, hi Mr. X--sorry but we found a crack in the block between cylinders 2 and 3. What would you like to do here? Hello? HELLO?"

breld

Okay  may as well get some info in case anything catches my fancy. 

In CO:

2015 BMW 428i xdrive gran coupe
White over red leather
M-sport
Premium package 
Tech package
Driver assistance package
Heated seats
18k miles
No needs

Thanks!

qbrozen

didn't even know you had that. So you've got what now? The mini, durango, r type, volvo, and this bimmer?

about $29k

stickguy

Told you the civic wouldn’t make it until New Years!

28firefighter

I think that's an old post...

qbrozen

You may be right. Lots of odd things going on today on these forums

kyfdx

Yup... we had a big software glitch, this morning.

andres3

kyfdx said:

Yup... we had a big software glitch, this morning.

Russian hackers again?

stickguy

That makes more sense. I noticed a lot of multiple repeated posts too last night.

kyfdx

andres3 said:

kyfdx said:

Yup... we had a big software glitch, this morning.

Russian hackers again?

Even the Russians have better things to do than hack our website.

Mr_Shiftright

We request that you are to keep thinking that way, comrade Host

28firefighter

All your post are belong to us.

breld

Uh, yeah - I did not re-acquire the 428, as much as I did indeed like it.

qbrozen

Funny that the gremlins chose breld's post. Totally plausible that he'd be asking AGAIN.