Real-World Trade-In Values

qbrozen · September 2016

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.

qbrozen · September 2016

About $5500 on the xc70

sk2002 · September 2016

qbrozen said:
About $5500 on the xc70

Thanks qbrozen

stickguy · September 2016

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.

qbrozen · September 2016

Is it a base model with Nav? Or something else?

Probably in the $9k-$9500 area.

stickguy · September 2016

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.

qbrozen · September 2016

It does, actually. Should be more in the $11k-$11.5k range.

stickguy · September 2016

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 That much for wildly outdated navi?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.

andres3 · September 2016

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 That much for wildly outdated navi?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.

pebble123 · October 2016

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!

qbrozen · October 2016

Tough one. Without seeing it, I'll give a range of $10k-$11k, depending.

Mr_Shiftright · 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.

pebble123 · October 2016

Mr_Shiftright said:

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_Shiftright · October 2016

OK---Carfax is clean.

pebble123 · October 2016

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

Michaell · October 2016

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?

pebble123 · October 2016

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.

qbrozen · October 2016

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.

cr_vent · October 2016

Looking for trade in quote--

2013 Honda Pilot EX-L
Polished Metal Metallic
Black interior
28K Miles
Excellent condition
Cleveland, OH

qbrozen · October 2016

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.

shin777 · 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.

qbrozen · October 2016

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.

shin777 · 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_Shiftright · October 2016

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.

mdx2050 · October 2016

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

qbrozen · October 2016

Somewhere in the $33k-$34k range

mdx2050 · October 2016

Thank you @qbrozen

qbrozen · October 2016

YW

andres3 · October 2016

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.

xwesx · October 2016

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."

brian125 · 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

qbrozen · October 2016

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.

brian125 · October 2016

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

stickguy · October 2016

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.

qbrozen · October 2016

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.

mdx2050 · October 2016

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!

Michaell · October 2016

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).

mdx2050 · October 2016

Good point @Michaell
Thanks!

brian125 · 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

andres3 · October 2016

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.

andres3 · October 2016

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.

brian125 · October 2016

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.

steine13 · October 2016

@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.

kyfdx · October 2016

I've purchased cars privately for over $30K. I don't think I made anyone nervous.

stever · October 2016

How'd you do the money part?

mdx2050 · October 2016

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.

kyfdx · October 2016

stever said:
How'd you do the money part?

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

henryn · October 2016

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.

qbrozen · October 2016

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.

Mr_Shiftright · October 2016

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.

Real-World Trade-In Values

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