Real-World Trade-In Values

tifighter

I may or may not have already test-driven it...

28firefighter

tifighter said:

I may or may not have already test-driven it...

A bit different from the Toyota, I’d imagine. 

tifighter

It seems huge inside after driving the 86. Still, no navi which seems a little crazy to me on mid-level car with the bigger engine option. Having a screen on the dash that doesn't have a map to look at might make me a little crazy.

28firefighter

tifighter said:

It seems huge inside after driving the 86. Still, no navi which seems a little crazy to me on mid-level car with the bigger engine option. Having a screen on the dash that doesn't have a map to look at might make me a little crazy.

There is a really nice gray over brown one in Bellevue. I think that may have Nav. Also $3k more expensive. 

tifighter

28firefighter said:

tifighter said:

It seems huge inside after driving the 86. Still, no navi which seems a little crazy to me on mid-level car with the bigger engine option. Having a screen on the dash that doesn't have a map to look at might make me a little crazy.

There is a really nice gray over brown one in Bellevue. I think that may have Nav. Also $3k more expensive. 

Interesting find. Has the sport pack, and active assist too. Kind of a weird color combo.

28firefighter

tifighter said:

tifighter said:

It seems huge inside after driving the 86. Still, no navi which seems a little crazy to me on mid-level car with the bigger engine option. Having a screen on the dash that doesn't have a map to look at might make me a little crazy.

There is a really nice gray over brown one in Bellevue. I think that may have Nav. Also $3k more expensive. 

Interesting find. Has the sport pack, and active assist too. Kind of a weird color combo.

And B&O. That dealer tends to get a lot of interesting stuff. Agree gray over brown is a bit unusual, but I like it. 

qbrozen

tifighter said:

Here's one - 2015 A3 Cabriolet, premium plus, 2.0T quattro, 30k miles, silver over black guts. What do you think a dealer may have into this one?

Maybe $21k'ish

tifighter

Thanks q. A bit lower than I expected. They’re asking a little over $26k, which is about as low as I’ve seen a quattro version locally.

stickguy

so put $24K in a cash in a paper bag and drop it on the desk, and tell them it's all you got, take it or leave it.

Always works for me!

28firefighter

stickguy said:

so put $24K in a cash in a paper bag and drop it on the desk, and tell them it's all you got, take it or leave it. Always works for me!

We are still talking about buying a car right?

sebring95

qbrozen said:

sebring95 said:

Here's another Avalon for you... 2013 Avalon Touring 59k miles, dark red, good condition, newer tires, central ohio. Thanks!

About $13k or so. Figure $15.5k-$16k fair purchase.

Had to work a bit, but got exactly that.  Pretty heavy discount on new car too so fair all around.  Thanks 

qbrozen

sebring95 said:

qbrozen said:

sebring95 said:

Here's another Avalon for you... 2013 Avalon Touring 59k miles, dark red, good condition, newer tires, central ohio. Thanks!

About $13k or so. Figure $15.5k-$16k fair purchase.

Had to work a bit, but got exactly that.  Pretty heavy discount on new car too so fair all around.  Thanks 

Oh I thought you were BUYING the Avalon. So you got what for it? $13k? That is really good. My trade number would have been $12.5k on the high side.

sebring95

qbrozen said:

Oh I thought you were BUYING the Avalon. So you got what for it? $13k? That is really good. My trade number would have been $12.5k on the high side.

Yes, I got $13k on trade. They started at $12k but after a couple trips back and forth we settled at $13k. They may have had a little left on the new car as I had an email quote from another dealer that was $300 less, but this was the dealer I preferred to buy from.

corvette

Good work, sebring95! Sounds like you more than made the difference back by buying from your preferred dealer. 

andres3

How much does a 15 HP upgrade license plate frame add to the trade-in value?

fushigi

$2.47

dillydill

Helping a friend look at possibly getting a used ev for commuting. 

How about this one. I haven’t seen it in person yet. 

2012 Nissan Leaf SL
black
 in central Massachusetts at a Mazda dealer

Mileage:34,842

Engine:Electric

Transmission:1-Speed Automatic

Drivetrain:FWD

VIN:JN1AZ0CP2CT023966

reduced to $7,988

thank you for your help. 

qbrozen

dillydill said:

Helping a friend look at possibly getting a used ev for commuting. 

How about this one. I haven’t seen it in person yet. 

2012 Nissan Leaf SL
black
 in central Massachusetts at a Mazda dealer

Mileage:34,842

Engine:Electric

Transmission:1-Speed Automatic

Drivetrain:FWD

VIN:JN1AZ0CP2CT023966

reduced to $7,988

thank you for your help. 

in the mid 5s, so $8k is fair enough, but considering their lack of popularity on the used market, I'd probably push real hard for $7k.

Mr_Shiftright

CARFAX is okay, car is a one-owner, originally from Old Town Maine. For an EV, the owner put a fair number of miles on it.

dillydill

Thank you Q and Mr_shiftright. 
My friend has a free charging station at their new job and it’s 25 miles round trip.  It seems like a no brainer.  

Mr_Shiftright

Should be no problem. The Leaf is the best-selling EV in the world.

stickguy

hey Q. What would be a fair buy price for this as a CPO? looks pretty loaded.

http://www.elkinschevrolet.com/VehicleDetails/certified-2015-Chevrolet-Silverado_1500-LT-Marlton-NJ/3138595213

corvette

It's missing rear parking sensors, no leather seats (although I like the heated cloth)... I'd consider it as a Tahoe replacement, but it's moderately equipped rather than loaded.

qbrozen

stickguy said:

hey Q. What would be a fair buy price for this as a CPO? looks pretty loaded. http://www.elkinschevrolet.com/VehicleDetails/certified-2015-Chevrolet-Silverado_1500-LT-Marlton-NJ/3138595213

As CPO, that's actually pretty fair. I would have said $31k.

stickguy

Thanks

nyccarguy

stickguy said:

Thanks

never pegged you as a pickup truck kinda guy (not that there's anything wrong with that)

Michaell

nyccarguy said:

stickguy said:

Thanks

never pegged you as a pickup truck kinda guy (not that there's anything wrong with that)

Sometimes, we're just curious...

Though, I have to admit, I've been seeing more of the new style Honda Ridgeline, and it's catching my eye.

(I have no need for anything like that - we use the Outback for any truck-like duty, which is rare enough)

stickguy

Not for me. My daughters BF is looking, so I am “consulting” on the process. But might go test drive, just for the heck of it.

dillydill

Mr_Shiftright said:

Should be no problem. The Leaf is the best-selling EV in the world.

A couple more leaf possibilities. 
Both are certified at two different Nissan dealers. 

In massachusetts

2015 
Nissan Leaf SL
Silver with black leather
12,862 miles
1N4AZ0CPXFC301312
asking just under $14.5K

2016
Nissan Leaf SL
silver with black leather
2,210 miles
1N4BZ0CP3GC314408
Asking just under $19k

Thanks again

tifighter

As the former owner of a 15 SL, I wouldn't pay for a certified one. It doesn't change the battery warranty, and the cars are bulletproof otherwise. I believe the 16 SL would have the 30kwh battery, which is certainly worth more than the earlier cars, but $19k feels high for any used Leaf...we all know how they hold their value over time.

xwesx

2,200 miles. Wow! Still, not sure it is worth 19K. Consider, that's $0.42 per mile in depreciation compared to the other unit, which seems pretty steep to me.

stickguy

How about this Colorado? Not listed much cheaper than the Silverado

http://www.elkinschevrolet.com/VehicleDetails/certified-2015-Chevrolet-Colorado-4WD_LT-Marlton-NJ/3126299113

qbrozen

dillydill said:

Mr_Shiftright said:

Should be no problem. The Leaf is the best-selling EV in the world.

A couple more leaf possibilities. 
Both are certified at two different Nissan dealers. 

In massachusetts

2015 
Nissan Leaf SL
Silver with black leather
12,862 miles
1N4AZ0CPXFC301312
asking just under $14.5K

2016
Nissan Leaf SL
silver with black leather
2,210 miles
1N4BZ0CP3GC314408
Asking just under $19k

Thanks again

Both are cheap. Each is selling for their asking price at auction.

qbrozen

stickguy said:

How about this Colorado? Not listed much cheaper than the Silverado http://www.elkinschevrolet.com/VehicleDetails/certified-2015-Chevrolet-Colorado-4WD_LT-Marlton-NJ/3126299113

That's about $5k markup. A bit steep. $3500 would be my CPO goal

sb55

stickguy said:

How about this Colorado? Not listed much cheaper than the Silverado

http://www.elkinschevrolet.com/VehicleDetails/certified-2015-Chevrolet-Colorado-4WD_LT-Marlton-NJ/3126299113

I'm on my 3rd Silverado since 2010 and have never had a problem. I do use it to tow, among "regular" daily driving stuff. My current truck now has 9000 miles on it and has towed a 6000 lb. + trailer over 6000 miles since October.
Mine have all been extended cab with the 6.5' bed rather than a crew cab.

stickguy

thanks. so retail, something in the $27K range makes sense? Surprised to see a Colorado that high. seems like a better deal to step up to a Silverado.

28firefighter

Does a lease on a new silverado make sense for him? They seem to lease fairly well (I've seen some advertised deals in the low-mid 300s).

explorerx4

@dillydill,
Weren't you looking at a Leaf from Maine?
I read a few days ago the Maine is working on taxing Electric vehicles to offset the loss of gas tax revenue.

corvette

qbrozen said:

stickguy said:

How about this Colorado? Not listed much cheaper than the Silverado http://www.elkinschevrolet.com/VehicleDetails/certified-2015-Chevrolet-Colorado-4WD_LT-Marlton-NJ/3126299113

That's about $5k markup. A bit steep. $3500 would be my CPO goal

If I were even considering paying $30k for a used, three year old Colorado, I’d expect it to have leather seats. And maybe the diesel. Considering you can buy a well equipped new full size P/U under $40k, that’s not a good value. 

qbrozen

stickguy said:

thanks. so retail, something in the $27K range makes sense? Surprised to see a Colorado that high. seems like a better deal to step up to a Silverado.

About that. And I agree the Colorado aint worth it. Doesn't even get better mileage than my F150.

dillydill

explorerx4 said:

@dillydill, Weren't you looking at a Leaf from Maine? I read a few days ago the Maine is working on taxing Electric vehicles to offset the loss of gas tax revenue.

I was. 
Car was from Maine but in Massachusetts now. I saw that story. Pretty unreal. 

Friend has free ev charging station with a max allowed time of 4 hours at work. The 2012 appears to need 8 hours to fully charge The 2013 and later should fully charge in 4 hours so they would rarely need to pay for charging. 

28firefighter

Q,

A friend of mine got rear-ended at low speeds today and is trying to determine whether it is worthwhile to pursue a DV claim with insurance.

2016 Acura RDX AWD with Tech and AcuraWatch
Red over tan leather interior
Wheel locks
Cargo Cover
Roof Rails
17k miles

Located in Seattle.

Could you give me a ballpark of a pre-accident value and a post accident value? Damage looks to be fairly minor - rear bumper cover, reverse sensors, and some trim on the hatch (chrome, not painted). Wouldn't be reported to Carfax yet, but could be in the future.

qbrozen

I really can't help with post-accident value. I usually deduct 10-20% personally for a carfax ding.

28firefighter

And what would we be talking as pre accident?

Mr_Shiftright

28firefighter said:

Q,

A friend of mine got rear-ended at low speeds today and is trying to determine whether it is worthwhile to pursue a DV claim with insurance.

2016 Acura RDX AWD with Tech and AcuraWatch
Red over tan leather interior
Wheel locks
Cargo Cover
Roof Rails
17k miles

Located in Seattle.

Could you give me a ballpark of a pre-accident value and a post accident value? Damage looks to be fairly minor - rear bumper cover, reverse sensors, and some trim on the hatch (chrome, not painted). Wouldn't be reported to Carfax yet, but could be in the future.

That doesn't sound like a strong DV case, as you've presented it. Two problems: 1) the total damage might not justify asking $6000 in DV with a 20% claim, (presuming a pre-accident value of around $30K) the point being that a new bumper skin and some trim did not constitute a $6000 loss in value, or perhaps not ANY loss in value; 2) the idea of a future possible appearance on CARFAX doesn't really carry any weight, because it hasn't even happened.

The best DV claims usually involved panel replacement, or a high dollar $$$ amount of damage, or welding, frame work, etc.

No harm in trying but I wouldn't be very optimistic on this one. I write about a dozen DV claims a year so I kinda know how the wind blows. But again, I don't know all the details.

28firefighter

Mr_Shiftright said:

28firefighter said:

Q,

A friend of mine got rear-ended at low speeds today and is trying to determine whether it is worthwhile to pursue a DV claim with insurance.

2016 Acura RDX AWD with Tech and AcuraWatch
Red over tan leather interior
Wheel locks
Cargo Cover
Roof Rails
17k miles

Located in Seattle.

Could you give me a ballpark of a pre-accident value and a post accident value? Damage looks to be fairly minor - rear bumper cover, reverse sensors, and some trim on the hatch (chrome, not painted). Wouldn't be reported to Carfax yet, but could be in the future.

That doesn't sound like a strong DV case, as you've presented it. Two problems: 1) the total damage might not justify asking $6000 in DV with a 20% claim, (presuming a pre-accident value of around $30K) the point being that a new bumper skin and some trim did not constitute a $6000 loss in value, or perhaps not ANY loss in value; 2) the idea of a future possible appearance on CARFAX doesn't really carry any weight, because it hasn't even happened.

The best DV claims usually involved panel replacement, or a high dollar $$$ amount of damage, or welding, frame work, etc.

No harm in trying but I wouldn't be very optimistic on this one. I write about a dozen DV claims a year so I kinda know how the wind blows. But again, I don't know all the details.

You and I are 100% on the same page and I've explained this to my friend. I told him that if the damage is as basic as it appears on the surface, he can ask but should not expect much if anything. Now, if it turns out the whole hatch needs to be replace, one or both of the rear quarter panels, or they somehow knocked the frame, its a different story.

Mr_Shiftright

Well you can tell him that that's what a professional appraiser thinks, but that he is certainly welcome to try.

In the UK, Chubb Insurance will now underwrite DV claims--kind of a "first" in the western world.

But in the U.S., resistance to DV is still pretty fierce. They will pay under some circumstances, but the hoops and barriers are formidable. It requires persistence and a strong case to get anywhere.

I feel that DV claims are totally legitimate, but only when the damage is significant. And there are other variables besides dollar amount of damage--the type of car that has been damaged certainly factors into it.

You smack into a Ferrari and do a fair amount of damage to it (not hard to rack that up), that Ferrari is damn near sale-proof with a CARFAX scar on it. A repainted Porsche? That's a hard sell, too.

This is also why I tell people to boost their insurance on property damage. A $100K limit isn't good enough anymore.

qbrozen

 I am no expert and certainly not in insurance, but I would think the best course of action is to get it fixed first, and then shop around and get purchase quotes from dealers. Maybe with a total of three quotes that are similar and compare that to actual auction values that I can provide, then maybe there is a case. Shifty may know better on that.

right now, auction is 27,000. But that may change by the time the repair is done.

qbrozen

Mr_Shiftright said:

Well you can tell him that that's what a professional appraiser thinks, but that he is certainly welcome to try. In the UK, Chubb Insurance will now underwrite DV claims--kind of a "first" in the western world. But in the U.S., resistance to DV is still pretty fierce. They will pay under some circumstances, but the hoops and barriers are formidable. It requires persistence and a strong case to get anywhere. I feel that DV claims are totally legitimate, but only when the damage is significant. And there are other variables besides dollar amount of damage--the type of car that has been damaged certainly factors into it. You smack into a Ferrari and do a fair amount of damage to it (not hard to rack that up), that Ferrari is damn near sale-proof with a CARFAX scar on it. A repainted Porsche? That's a hard sell, too. This is also why I tell people to boost their insurance on property damage. A $100K limit isn't good enough anymore.

Could not agree more. Long ago, I raised mine to 500,000 due to the cost of cars these days and repairs.  I also have an additional million dollar umbrella policy. 

xwesx

dillydill said:

I saw that story. Pretty unreal. 

Why unreal? Electric vehicles use the roads, too. The fuel taxes for infrastructure were created when all vehicles that used the roads used the same type of fuel, and, typically, those that use more fuel put more wear and tear on the roads (more axles, heavier, etc.). So, once the paradigm shifts, it makes sense for the tax structure to shift along with it.

No free lunches.