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Real-World Trade-In Values

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Comments

  • qbrozenqbrozen Member Posts: 33,720
    Michaell said:
    snike893 said:
    Trying to see where we are in our lease. 2014 Jeep Cherokee Limited 4 X 4 V6 Engine Dark Cherry with black leather interior 23,200 miles Youngstown, OH area 44443 Panoramic moonroof, navigation, backup camera, keyless entry, satellite radio. Car is good-excellent.
    I can't tell you whereypu are in your lease, but as a trade, you are looking at around $21k
    Is that Cherokee or Grand Cherokee quote? OP has a Cherokee.
    Cherokee. A GC Limited would be $4k more.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • qbrozenqbrozen Member Posts: 33,720
    About $5500 on the xc70

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • sk2002sk2002 Member Posts: 13
    qbrozen said:

    About $5500 on the xc70

    Thanks qbrozen
  • stickguystickguy Member Posts: 53,222
    Need trade in quote on an MDX on Long Island, NY.

    A 2008. Red, with navigation. 86,000 miles. Consider it fair condition. Some new tires, a bit of body wear and tear but never any real accidents.

    Will get traded in at a non-Acura new car dealer. Probably on a lease, so will tell SIL to get cash back.

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • qbrozenqbrozen Member Posts: 33,720
    Is it a base model with Nav? Or something else?

    Probably in the $9k-$9500 area.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • stickguystickguy Member Posts: 53,222
    at the time it was base and tech, so it would be a tech. Probably doesn't make that much of a difference. I can run with this unless you tell me Tech makes a big difference. No sport or entertainment package.

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • qbrozenqbrozen Member Posts: 33,720
    It does, actually. Should be more in the $11k-$11.5k range.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • stickguystickguy Member Posts: 53,222
    Interesting. That much for wildly outdated navi? I forget what else it has. But I will let her know. Or stick with original quote so she isn't disappointed. Might get smacked hard for condition.

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • andres3andres3 Member Posts: 13,917
    stickguy said:

    Interesting. That much for wildly outdated navi? I forget what else it has. But I will let her know. Or stick with original quote so she isn't disappointed. Might get smacked hard for condition.

    I think you get Acura's famous ELS sound system with that tech NAV package; hence the value.
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • pebble123pebble123 Member Posts: 41
    Need trade in quote on 2010 EX35 Journey AWD in the San Francisco bay area.The following options are included:
    1. Bose & around view monitor package
    2. Premium package
    3. Navigation package
    4. Tire & wheel package

    Color: Ext: Liquid platinum. Int: Stone

    Around 90k miles. Good condition overall. Changed all 4 brakes in 80k miles. Tires are half worn. Couple of small chips on the windshield, a broken fog light cover, a bit of minor body\bumper scratches here and there and on the wheel rims. A Corolla driver rear-ended 3 years back but the insurance fixed all the bumper\exhaust damages (~$3500).

    Will get traded in an Acura dealer if that matters.

    Thanks!
  • qbrozenqbrozen Member Posts: 33,720
    Tough one. Without seeing it, I'll give a range of $10k-$11k, depending.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    gooddeal2 said:

    qbrozen said:


    Black interior? 
    As a trade, it is in the $12k zip code. I would think insurance would be around the mid $15k area.

    Thank Q. Yes, it's black interior. It seems your number is the same from the insurance. I think she will get an almost 16K check, so, it's about 15k + TTL (6%tax outside Philly).

    pebble123 said:

    Need trade in quote on 2010 EX35 Journey AWD in the San Francisco bay area.The following options are included:
    1. Bose & around view monitor package
    2. Premium package
    3. Navigation package
    4. Tire & wheel package

    Color: Ext: Liquid platinum. Int: Stone

    Around 90k miles. Good condition overall. Changed all 4 brakes in 80k miles. Tires are half worn. Couple of small chips on the windshield, a broken fog light cover, a bit of minor body\bumper scratches here and there and on the wheel rims. A Corolla driver rear-ended 3 years back but the insurance fixed all the bumper\exhaust damages (~$3500).

    Will get traded in an Acura dealer if that matters.

    Thanks!

    What's the VIN--let's see if that accident shows up on CARFAX.
  • pebble123pebble123 Member Posts: 41
    edited October 2016

    gooddeal2 said:

    qbrozen said:


    Black interior? 
    As a trade, it is in the $12k zip code. I would think insurance would be around the mid $15k area.

    Thank Q. Yes, it's black interior. It seems your number is the same from the insurance. I think she will get an almost 16K check, so, it's about 15k + TTL (6%tax outside Philly).

    pebble123 said:

    Need trade in quote on 2010 EX35 Journey AWD in the San Francisco bay area.The following options are included:
    1. Bose & around view monitor package
    2. Premium package
    3. Navigation package
    4. Tire & wheel package

    Color: Ext: Liquid platinum. Int: Stone

    Around 90k miles. Good condition overall. Changed all 4 brakes in 80k miles. Tires are half worn. Couple of small chips on the windshield, a broken fog light cover, a bit of minor body\bumper scratches here and there and on the wheel rims. A Corolla driver rear-ended 3 years back but the insurance fixed all the bumper\exhaust damages (~$3500).

    Will get traded in an Acura dealer if that matters.

    Thanks!

    What's the VIN--let's see if that accident shows up on CARFAX.
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    OK---Carfax is clean.
  • pebble123pebble123 Member Posts: 41
    Need trade-in quote for 2013 VW CC sports DSG with lightening package. 50k miles. Light blue exterior and black interior. Good condition.
  • MichaellMichaell Moderator Posts: 261,328
    pebble123 said:

    Need trade-in quote for 2013 VW CC sports DSG with lightening package. 50k miles. Light blue exterior and black interior. Good condition.

    Where are you located?

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • pebble123pebble123 Member Posts: 41
    Michaell said:

    pebble123 said:

    Need trade-in quote for 2013 VW CC sports DSG with lightening package. 50k miles. Light blue exterior and black interior. Good condition.

    Where are you located?
    Sorry, San francisco.
  • qbrozenqbrozen Member Posts: 33,720
    pebble123 said:

    Need trade-in quote for 2013 VW CC sports DSG with lightening package. 50k miles. Light blue exterior and black interior. Good condition.

    I'll assume this is a FWD 2.0T. Roughly $10k-$10.5k.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • cr_ventcr_vent Member Posts: 9
    Looking for trade in quote--

    2013 Honda Pilot EX-L
    Polished Metal Metallic
    Black interior
    28K Miles
    Excellent condition
    Cleveland, OH
  • qbrozenqbrozen Member Posts: 33,720
    Hmmm... good spread on these. I'd assume it has to do with optionals like Nav and/or RES, which I guess you don't have. I am also assuming you have AWD. So I'd peg it at $21k-$21.5k.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • shin777shin777 Member Posts: 3
    edited October 2016
    This is my used car spec

    2006 TSX 4 door sedan black, automatic, no navi
    78600 miles
    no accident, clean, fully operational
    few penny size dents and minor scratches(nothing deep or noticeable from 3ft away)

    repair required
    power steel leak, exhaust shield, rear brake, some tire worn. Acura dealer estimated $1200 to repair those not counting tires.

    Anyway, I took it to toyota and they told me $6000 but few days later he refused to buy it because I am not buying car from them. Infinity offered me $4500 for it several other dealers at similar price. Am I getting ripped off here? I looked it up on kbb, edmunds and they both estimated my car value at $4500 + $1500-$1700 on mileage so total value were $6000+. Dealer trade-in prices were basically general price and they don't factor in mileage or they don't care about my low mileage. Should I even sell my car at $4500 to dealer or should I use kbb online system? How does it work? even on fair setting which is worst setting on kbb car value, I get $5800. If I put my car info on kbb, do they tell me to take it to the dealer shop to get it appraised? I went to local suburban auto shop which had kbb sign inside, the guy told me they would pay me $4000, even lower than infinity. Will they tell me to go to that shop again if I register my car at kbb.com? Honestly, I am sick of driving my car around and get it appraised for same value.
  • qbrozenqbrozen Member Posts: 33,720
    Honestly, they are being more than fair. They can buy cars at auction without all those needs for $5k-$5500. 

    If it were my car, I'd get the issues fixed by an independent mechanic for $800, clean it up real nice, polish out the scratches as much as possible, and put it to the curb for $7495. I bet people will be lining up to buy it.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • shin777shin777 Member Posts: 3
    edited October 2016
    qbrozen said:

    Honestly, they are being more than fair. They can buy cars at auction without all those needs for $5k-$5500. 

    If it were my car, I'd get the issues fixed by an independent mechanic for $800, clean it up real nice, polish out the scratches as much as possible, and put it to the curb for $7495. I bet people will be lining up to buy it.

    yeah.. wish I could do that. i've been to few mechanics or shops but they told me they don't deal with power steel and exhaust problems or their quote was similar to acuras. I know I can get brake and tires a lot cheaper than acura's price so total price for repair would be $800 for exhaust and power steel leak from acura + whatever tire and brake cost. It would make total repair $1100 to $1200 I guess..I would want to get $7000+ for it if I were to do that but I don't think dealers will give me $7000 even if I fix the issue. I guess it was ok deal then.. I could probably get $5000+ if I sell it myself without fixing it but that would have taken me a lot of time and effort. not to mention there are too many scammers and time wasters. I will just think of that $500 as selling price. dang..
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    If you work backwards on pricing, a really spiff, front-line car with no issues would probably be featured in the dealer's lot for $8995 asking price, so you can see there is no way they're going to give you $6K in that condition. So really you have two choices here---fix it up or take the hit on trade-in because of repairs needed.
  • mdx2050mdx2050 Member Posts: 8
    Looking for a trade-in quote for 2015 Acura MDX SH-AWD with Technology package. 18K miles. White Diamond Pearl/Parchment. Excellent condition

    Boston, Mass area
  • qbrozenqbrozen Member Posts: 33,720
    Somewhere in the $33k-$34k range

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • mdx2050mdx2050 Member Posts: 8
    Thank you @qbrozen
  • qbrozenqbrozen Member Posts: 33,720
    YW

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • andres3andres3 Member Posts: 13,917
    That MDX you just priced would be a good choice for my wife to replace the VW TDI polluter. I'm not sure I could convince her to go CPO though. She feels like a new car is an entitlement since I've recently bought new myself.
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • xwesxxwesx Member Posts: 17,616
    andres3 said:

    That MDX you just priced would be a good choice for my wife to replace the VW TDI polluter. I'm not sure I could convince her to go CPO though. She feels like a new car is an entitlement since I've recently bought new myself.

    Andres, I think that is called "reaping what you sow." ;)
    2018 Subaru Crosstrek, 2014 Audi Q7 TDI, 2013 Subaru Forester, 2013 Ford F250 Lariat D, 1976 Ford F250, 1969 Chevrolet C20, 1969 Ford Econoline 100
  • brian125brian125 Member Posts: 5,244
    edited October 2016
    @mdx2050. There's no reason to give your MDX away ( Trade for 33k ) especially if its in that good condition with only 18k on the clock. There's many bargain hunters who will scoop that vehicle up for close to 3k more than any trade your offered. Definitely worth the time and effort. I'd give it a good detailing and try to sell it 1st.

    Here's what your up against....... MDX's with double your miles. Check out Auto-Trader and Cars.com for pricing

    http://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?zip=60603&endYear=2016&modelCode1=MDX&showcaseOwnerId=71485&makeCode1=ACURA&startYear=2014&listingType=certified&firstRecord=50&listingTypes=certified&searchRadius=100&showcaseListingId=437793979&mmt=[ACURA[MDX[]][]]&listingId=435696088&Log=0

    23 Telluride SX-P X-Line, 23 Camry XSE

  • qbrozenqbrozen Member Posts: 33,720
    brian125 said:

    @mdx2050. There's no reason to give your MDX away ( Trade for 33k ) especially if its in that good condition with only 18k on the clock. There's many bargain hunters who will scoop that vehicle up for close to 3k more than any trade your offered. Definitely worth the time and effort. I'd give it a good detailing and try to sell it 1st.

    Here's what your up against MDX's with double your miles.

    http://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?zip=60603&endYear=2016&modelCode1=MDX&showcaseOwnerId=71485&makeCode1=ACURA&startYear=2014&listingType=certified&firstRecord=50&listingTypes=certified&searchRadius=100&showcaseListingId=437793979&mmt=[ACURA[MDX[]][]]&listingId=435696088&Log=0

    Very difficult to sell such an expensive vehicle privately. Most people need financing, for one thing. You are also letting any yahoo come and test drive your $35k vehicle. And, the big factor, depending where you live, you could get a tax credit on the trade. Taking a look at this vehicle, for example, if a dealer gives me $33k, I would also benefit from $2310 tax credit toward the vehicle I am buying. You add that to the cost of advertising and detailing the vehicle myself and all the hours I spend dealing with the inquiries and test drives, I MIGHT clear a few hundred bucks extra? No thanks.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • brian125brian125 Member Posts: 5,244
    Q... Good points taken. My view is this.. 35k is not a lot of money today for a good 1 yr old vehicle / serious buyer. Plus getting only 35k you may still be leaving another 2k on the table.

    A good detail and ads at best is 300 dollars. If like you say your worried about people test driving your vehicle than by all means give it away . In 40 years of buying and selling private I never had a problem. But that's me

    23 Telluride SX-P X-Line, 23 Camry XSE

  • stickguystickguy Member Posts: 53,222
    I am with Q. for cheaper cars, private is fine. but for newer expensive ones, very hard to do. Loans involved (on both ends), loss of tax credit, and small buyer pool are major impediments.

    CarMax though could be an option for something this nice, since it sounds like a unit they would happily put on their overpriced lot!

    Me, I would be looking to trade this in. Sure, can troll an ad out there just in case, but not expecting it to work.

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • qbrozenqbrozen Member Posts: 33,720
    brian125 said:



    A good detail and ads at best is 300 dollars. If like you say your worried about people test driving your vehicle than by all means give it away . In 40 years of buying and selling private I never had a problem. But that's me

    Right. $300 plus the $2300 tax credit is $2600 vs MAYBE $3k more selling it privately (and, BTW, good luck getting that since that would be damned close to fair retail transaction). I'm not taking that risk and wasting that much of my time for the slim chance of making $400 for my troubles. Far from what I'd call "giving it away." If anything, I'd be giving my time and trouble away by trying to sell myself.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • mdx2050mdx2050 Member Posts: 8
    Thanks @brian125 , @qbrozen , and @stickguy for your inputs. I was initially targeting 36K based on the trade-in estimates I saw at KBB and Edmunds. I am also planning to stop by at local CarMax to see what they would offer. I will keep the numbers posted. Thanks again!
  • MichaellMichaell Moderator Posts: 261,328
    mdx2050 said:

    Thanks @brian125 , @qbrozen , and @stickguy for your inputs. I was initially targeting 36K based on the trade-in estimates I saw at KBB and Edmunds. I am also planning to stop by at local CarMax to see what they would offer. I will keep the numbers posted. Thanks again!

    I would expect CarMax to give you a price higher than what your dealer would offer.

    Had that happen last year. Had a 2010 CX-7 we wanted to trade in on a 2015 Outback.

    CarMax offered $12,500; Subaru dealer initially offered $10,500 - after I showed them the CarMax quote, they matched it. And, I got the tax benefit from that as well (8% of the $2K, or $160).

    Edmunds Price Checker
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    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • mdx2050mdx2050 Member Posts: 8
    Good point @Michaell
    Thanks!
  • brian125brian125 Member Posts: 5,244
    edited October 2016
    mdx2050

    I like Auto Traders screening selling service its well worth the upgrade $$ . If your Leary on scammers , shady buyers coming to test drive look into this service. Each potential buyers screened to make sure there legit have finance etc, then Auto Trader contacts you 1st with contact info. No one is allowed to call you.

    My 2012 X-5 sold within 40 days. It was worth the $199 fee

    Time of the year is important when selling certain vehicles.

    2 yrs ago I wanted to sell maybe trade my 13, R-spec Genesis with 10k miles at the time figured might have trouble asking 34.5k and getting it. Trade in was 30k from MB dealer, Audi offered 31k. Within 2 weeks had my 1st serious buyer thru Auto Trader came looked, test drove agreed on my price but I declined to sell . Over the next 2 months ad ran had many inquirers to buy. Still have Genesis sits in my garage in Myrtle beach. Glad I never sold it .
    Getting a CarMax price helps when dealers undersell your trade in. Your gonna see all the slimy dealers telling you 32k is the most they can give you. Run

    If you leave your email info on my hm. page I'll ask around for you here in the NYC area.

    Good luck


    23 Telluride SX-P X-Line, 23 Camry XSE

  • andres3andres3 Member Posts: 13,917
    brian125 said:

    Q... Good points taken. My view is this.. 35k is not a lot of money today for a good 1 yr old vehicle / serious buyer. Plus getting only 35k you may still be leaving another 2k on the table.

    A good detail and ads at best is 300 dollars. If like you say your worried about people test driving your vehicle than by all means give it away . In 40 years of buying and selling private I never had a problem. But that's me

    Have you ever sold a $30K+ vehicle privately? Seems like slim pickings; though you can verify a cashier's check by calling the bank and they will verify if legit up to what amount. That is a high dollar transaction though to undertake with a stranger.

    I had trouble selling even a Honda because it was well over 5 figures, although it was a 2-door Coupe. First person that finally came around and followed through with a test drive bought it, but that took months. Might have gone faster if I paid for advertisements (stuck the the free stuff for months). Finally I paid $60 for a spot on Autotrader until it sells (forever), and it sold 2 days later, and of course, they didn't find it on Autotrader, but on free Craigslist. Easiest $60 they ever made over there.

    I didn't even bother trying with the accident damaged S4 recently. I imagine an S4 would attract more hooligans and joy riding test drivers than an Accord Coupe though.
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • andres3andres3 Member Posts: 13,917
    brian125 said:

    Q... Good points taken. My view is this.. 35k is not a lot of money today for a good 1 yr old vehicle / serious buyer. Plus getting only 35k you may still be leaving another 2k on the table.

    A good detail and ads at best is 300 dollars. If like you say your worried about people test driving your vehicle than by all means give it away . In 40 years of buying and selling private I never had a problem. But that's me

    Have you ever sold a $30K+ vehicle privately? Seems like slim pickings; though you can verify a cashier's check by calling the bank and they will verify if legit up to what amount. That is a high dollar transaction though to undertake with a stranger.

    I had trouble selling even a Honda because it was well over 5 figures, although it was a 2-door Coupe. First person that finally came around and followed through with a test drive bought it, but that took months. Might have gone faster if I paid for advertisements (stuck the the free stuff for months). Finally I paid $60 for a spot on Autotrader until it sells (forever), and it sold 2 days later, and of course, they didn't find it on Autotrader, but on free Craigslist. Easiest $60 they ever made over there.

    I didn't even bother trying with the accident damaged S4 recently. I imagine an S4 would attract more hooligans and joy riding test drivers than an Accord Coupe though.
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • brian125brian125 Member Posts: 5,244
    My brother tried to sell his 2012 Range Rover last year. Auto trader lead to nothing . But funny enough he posted on Cars.com for free. A guy in another state bought truck. Go figure. Took him over 2 months to sell he was ready to trade it in.

    23 Telluride SX-P X-Line, 23 Camry XSE

  • steine13steine13 Member Posts: 2,825
    @brian125

    >> " Within 2 weeks had my 1st serious buyer thru Auto Trader came looked, test drove agreed on my price but I declined to sell "

    When I buy a car from you and after I agree on your price, do I have to do a little dance, too??
    Why didn't you sell if they were willing to pay?

    Shady method of payment? There's one reason selling privately makes me queasy. I once sat for 10 minutes counting out $12,500 worth of twenties. It was.. weird, to say the least.

    I sold my last car for $7k in under 24 hours through craigslist... this time around, it was $20k and I didn't even try. The dealer where I had bought it gave me more than I would have had the nerve to ask on the open market.

    Used-car prices for popular brands are NUTS.
  • kyfdxkyfdx Moderator Posts: 264,165
    I've purchased cars privately for over $30K. I don't think I made anyone nervous. ;)

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  • steverstever Guest Posts: 52,454
    How'd you do the money part?
  • mdx2050mdx2050 Member Posts: 8
    mdx2050 said:

    Looking for a trade-in quote for 2015 Acura MDX SH-AWD with Technology package. 18K miles. White Diamond Pearl/Parchment. Excellent condition

    Boston, Mass area

    Went to CarMax and surprisingly they offered 36K. Planning to take the car to couple of local dealers over the weekend to see if they can beat this price. Thanks again for all your inputs.
  • kyfdxkyfdx Moderator Posts: 264,165
    stever said:

    How'd you do the money part?

    Met at my bank... gave him a cashier's check.

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  • henrynhenryn Member Posts: 4,289
    kyfdx said:

    stever said:

    How'd you do the money part?

    Met at my bank... gave him a cashier's check.
    That's what I like to do, only I use a credit union. If they see the teller at the credit union cut the cashier's check, they can rest easy that it is not a fake check.
    mdx2050 said:

    mdx2050 said:

    Looking for a trade-in quote for 2015 Acura MDX SH-AWD with Technology package. 18K miles. White Diamond Pearl/Parchment. Excellent condition

    Boston, Mass area

    Went to CarMax and surprisingly they offered 36K. Planning to take the car to couple of local dealers over the weekend to see if they can beat this price. Thanks again for all your inputs.
    Sometimes CarMax offers an insane amount for a used car. But then, they sell most of their used cars for what I consider to be an even more insane amount.

    2023 Chevrolet Silverado, 2019 Chrysler Pacifica
  • qbrozenqbrozen Member Posts: 33,720
    henryn said:

    kyfdx said:

    stever said:

    How'd you do the money part?

    Met at my bank... gave him a cashier's check.
    That's what I like to do, only I use a credit union. If they see the teller at the credit union cut the cashier's check, they can rest easy that it is not a fake check.
    mdx2050 said:

    mdx2050 said:

    Looking for a trade-in quote for 2015 Acura MDX SH-AWD with Technology package. 18K miles. White Diamond Pearl/Parchment. Excellent condition

    Boston, Mass area

    Went to CarMax and surprisingly they offered 36K. Planning to take the car to couple of local dealers over the weekend to see if they can beat this price. Thanks again for all your inputs.
    Sometimes CarMax offers an insane amount for a used car. But then, they sell most of their used cars for what I consider to be an even more insane amount.

    36 is probably about right for them in this instance. If, for example, they bought at the top of my range at auction (35k), then had to pay the auction fees, transport, plus any unforeseen reconditioning because you can't inspect at an auction like you can when the car is driven onto your lot by a customer, they'd be into it for $36k or even more.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    Wire transfer is the safest. You bring your title and a Fedex envelope to your bank officer. When the money is wired and appears in your bank account, it's REALLY there. And then the bank officer can drop the title in the mail. That puts you and your out of state buyer at ease. If it's an "in person" buyer, you can both go to your bank and do the deal however you are comfortable.
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