Real-World Trade-In Values

qbrozen · November 2016

Shockingly high. Although kinda tough to pinpoint exactly due to the fact that they aren't very common and similar units haven't traded hands since August. Back then, you had one in California for $26,750 and one in Detroit for $24k. Given the location and time of year, I'd err on the safe side and put it in that $24k camp, making retail somewhere in the $27k neighborhood.

I gotta ask: why??
In Doylestown, there is an '06 Turbo S with just 35k miles for $26,995, then we have an '04 S with 82k in Tinton Falls NJ for a mere $10,750, an '08 S with 76k in Essington PA for $19,741, and an '08 S with 65k in Somerville NJ for $18,985. All much better buys IMHO.

kyfdx · November 2016

Gee, Q.. Why do you know about all of those used Cayennes?

28firefighter · November 2016

I have no clue, honestly. He drives 40k miles a year on his SUVs, so an older miled up Porsche seems like an awful idea.

qbrozen · November 2016

kyfdx said:
Gee, Q.. Why do you know about all of those used Cayennes?

I'll tell ya, that Turbo S keeps calling to me. I'm wondering if the seat feels any better than the '08 Turbo I drove.

notfast · November 2016

Sirs, could you kindly provide this value for me? Thank you!

60192 - Chicago area
2014 Cadillac CTS Performance AWD V6 sedan
24,000 miles | Majestic Plum Metallic
Car is CPO - main warranty ends 11/2017 | CPO ends 11/2019 (is transferable)
Options:
Driver awareness package (LDW, Forward collision alert, etc.)
Aluminum pedals
Reconfigurable gauge cluster (full TFT)
20 way performance front seats
Semi-aniline seating (AKA upgraded leather)
19" aluminum wheels

Thanks again.

qbrozen · November 2016

probably in the $27k area.

28firefighter · November 2016

Q -

What do you think on trade for a 2012 Volvo XC60 T6 AWD Premium Plus? Premium and Cold weather packages, park assist and that is about it. Has 54k miles, white over tan, good but not great shape.

Thanks!

qbrozen · November 2016

what's wrong with it? Who owns it? Is this is Seattle? I'm...ummm...asking for a friend. ;b

trade = $15k-$16k.

28firefighter · November 2016

qbrozen said:
what's wrong with it? Who owns it? Is this is Seattle? I'm...ummm...asking for a friend. ;b

trade = $15k-$16k.

It's in the Philly area. Possible A/C Compressor issue, undiagnosed.

CarMax offered my Dad $21k for it 3 months ago, but he has not gone back for another appraisal.

brian125 · November 2016

Can anybody confirm My figures on depreciation value for 2017 Q7 prestige .

I'm figuring on Jan,1st 2017 this vehicle depreciated about 5300 dollars

stickguy · November 2016

sounds like Dad should have taken it.

28firefighter · November 2016

stickguy said:
sounds like Dad should have taken it.

I told him that repeatedly.

qbrozen · November 2016

28firefighter said:

what's wrong with it? Who owns it? Is this is Seattle? I'm...ummm...asking for a friend. ;b trade = $15k-$16k.
It's in the Philly area. Possible A/C Compressor issue, undiagnosed. CarMax offered my Dad $21k for it 3 months ago, but he has not gone back for another appraisal.

He is going to regret not taking that offer I think.

28firefighter · November 2016

qbrozen said:

28firefighter said:

what's wrong with it? Who owns it? Is this is Seattle? I'm...ummm...asking for a friend. ;b trade = $15k-$16k.
It's in the Philly area. Possible A/C Compressor issue, undiagnosed. CarMax offered my Dad $21k for it 3 months ago, but he has not gone back for another appraisal.

He is going to regret not taking that offer I think.

Yup. Wasn't ready to move on at that point.

qbrozen · November 2016

28firefighter said:

qbrozen said:

28firefighter said:

what's wrong with it? Who owns it? Is this is Seattle? I'm...ummm...asking for a friend. ;b trade = $15k-$16k.
It's in the Philly area. Possible A/C Compressor issue, undiagnosed. CarMax offered my Dad $21k for it 3 months ago, but he has not gone back for another appraisal.

He is going to regret not taking that offer I think.

Yup. Wasn't ready to move on at that point.

And now he wants to swap a 60k-mile volvo for a 100-k mile Cayenne. Sigh

Mr_Shiftright · November 2016

Hey, like the Buddhists say: "You only go around 10,000 times in life", so why not?

breld · November 2016

I'll add to the Q7 interest:

2014 3.0T Premium Plus with all the packages/options, 34k miles, CPO

3.0T Premium Plus

2014 TDI Prestige (title says Premium, but it's a Prestige), loaded up with options as well, 34k miles

TDI Prestige

They both seemed a few thousand high to me, but they do seem to be holding their value well. Both in Denver, obviously.

Thoughts?

28firefighter · November 2016

I never said he was making sense. Just trying to show him how little sense it makes.

stickguy · November 2016

I thought that the big TDI engine was also dirty, but there was no fix possible? This is a keeper, right? Not an arbitrage play?

breld · November 2016

The intention would be a keeper, but also with the knowledge that if it turns out they can't fix it, there's an easy out too.

I'm thinking ahead to when the minivan lease is up - we won't really need all that functionality any more on a regular basis, so a nice 3-row SUV will serve that need. And wouldn't mind a little more space in general for all the kids sports stuff.

kyfdx · November 2016

I don't want to pay for CPO, if it's a buyback candidate.

kyfdx · November 2016

It's going to be pricey to find a 3.0 TDI.
Here is one of the cheapest Q5 that I can find.
https://www.cars.com/vehicledetail/detail/673637817/overview/

$32K for 62K miles.. That's a big chunk.

breld · November 2016

kyfdx said:
I don't want to pay for CPO, if it's a buyback candidate.

Well, the TDIs aren't eligible for CPO, but they sure are priced as if they are.

henryn · November 2016

Far too expensive for me. Way far.

qbrozen · November 2016

breld said:
I'll add to the Q7 interest:

2014 3.0T Premium Plus with all the packages/options, 34k miles, CPO

3.0T Premium Plus

2014 TDI Prestige (title says Premium, but it's a Prestige), loaded up with options as well, 34k miles

TDI Prestige

They both seemed a few thousand high to me, but they do seem to be holding their value well. Both in Denver, obviously.

Thoughts?

First one is only $32-33k at the block, so it is marked up A LOT. As is the other, which is about $36k auction value.

That Q5? No idea. Units with 30k'ish miles are $33k on average. I'd guesstimate a good $3k-$3500 hit for the excess miles on this one, putting it at just under that $30k mark, so the price is surprisingly fair enough.

28firefighter · November 2016

qbrozen said:

breld said:
I'll add to the Q7 interest:

2014 3.0T Premium Plus with all the packages/options, 34k miles, CPO

3.0T Premium Plus

2014 TDI Prestige (title says Premium, but it's a Prestige), loaded up with options as well, 34k miles

TDI Prestige

They both seemed a few thousand high to me, but they do seem to be holding their value well. Both in Denver, obviously.

Thoughts?
First one is only $32-33k at the block, so it is marked up A LOT. As is the other, which is about $36k auction value.

That Q5? No idea. Units with 30k'ish miles are $33k on average. I'd guesstimate a good $3k-$3500 hit for the excess miles on this one, putting it at just under that $30k mark, so the price is surprisingly fair enough.

Have to wonder if the Audi dealer doesn't really want to sell the TDI - just wants to wait and see what happens...

steine13 · November 2016

For a friend at work:

2005 BMW 325ci
110k miles, 5 speed manual
'sparkling graphite' or some such
Two owners, lived in Saskatchewan and then Long Island
Heated leaterh seats, upgraded stereo, sunroof
Dealer maintained & up to date.
Alloys and alloy spare, new-ish tires.
Only iffy thing is front bumper cover is coming off;
repair quoted at ~$1k some years ago.

What's it worth in mid-MI???

Thanks as always -mathias

Mr_Shiftright · November 2016

Does he want to trade?

kyfdx · November 2016

@steine13 Is it a Canadian model, or US?

Sparkling Graphite looks kind of purple, in the right light. Not as pretty as the name.

I'll peg it at $5900, private party.

jpp75 · November 2016

@qbrozen As much as I love it what's the Touareg worth at auction? 2016 Lux, 12k, North Carolina

qbrozen · November 2016

jpp5862 said:
@qbrozen As much as I love it what's the Touareg worth at auction? 2016 Lux, 12k, North Carolina

colors? condition? engine?

qbrozen · November 2016

steine13 said:
For a friend at work:

2005 BMW 325ci
110k miles, 5 speed manual
'sparkling graphite' or some such
Two owners, lived in Saskatchewan and then Long Island
Heated leaterh seats, upgraded stereo, sunroof
Dealer maintained & up to date.
Alloys and alloy spare, new-ish tires.
Only iffy thing is front bumper cover is coming off;
repair quoted at ~$1k some years ago.

What's it worth in mid-MI???

Thanks as always -mathias

As a trade? Maybe about $1000.

28firefighter · November 2016

And seconded for me - out of curiosity:

2016 VW GTI S
4 door
DSG
5000 miles
White Exterior
Tartan Plaid Cloth
Lighting Package
Seattle area

Good shape sans one wheel with minor curb rash.

Mr_Shiftright · November 2016

I'd hit the trade at about $1500 but Q, he know.

stickguy · November 2016

I would cut the check for $1,500 for that, sight unseen.

Maybe.

Mr_Shiftright · November 2016

You'd have to top the dealer's offer. You have to provide convenience, you know.

stickguy · November 2016

well, I suppose I could take a cheap flight into Michigan, and drive it home. Can't get any more convenient than that.

steine13 · November 2016

>> As a trade? Maybe about $1000.

That's a bit of a spread.
We have one vote for $5,900 'private party" and one vote for "$,1000 on trade."

If there are a few that went through the auctions, they will surely include everything from track rats to basket cases to decent drivers, and the price range might tell us something...?

I mean I know it's a crapshoot at 12 years old, but c'mon man, my used-car-fu is on the line here...

breld · November 2016

Thanks Q for the info on the Q7s. This dealer sure is proud of them, particularly the TDIs.

The sales manager, whom I know from previous purchases (in fact, I think @Michaell referred me to him years ago), says he has no problem turning those TDI Q7s. Could just be a sales pitch, but if he can indeed sell them for that much of a markup, more power to him. But I don't think I want to be the one to pay it.

Since the TDIs can't be certified anyway, may as well keep my eye out for one at a reasonable price elsewhere.

qbrozen · November 2016

steine13 said:

>> As a trade? Maybe about $1000. That's a bit of a spread. We have one vote for $5,900 'private party" and one vote for "$,1000 on trade." If there are a few that went through the auctions, they will surely include everything from track rats to basket cases to decent drivers, and the price range might tell us something...? I mean I know it's a crapshoot at 12 years old, but c'mon man, my used-car-fu is on the line here...

The spread on the auction fodder is not what you'd think. All those in average condition are $1500 to $2400. Hence my call on the $1000 trade, as that would be comfortable for a dealer should they need to pawn it off on a wholesaler or send to auction themselves.

qbrozen · November 2016

28firefighter said:

And seconded for me - out of curiosity: 2016 VW GTI S 4 door DSG 5000 miles White Exterior Tartan Plaid Cloth Lighting Package Seattle area Good shape sans one wheel with minor curb rash.

Boy, I got one in CA with only 900 miles for $17,500 but then 3 others on the east coast for $20k ea with 5k-10k. I might play it safe at $18k trade and $21-$22 retail.

steine13 · November 2016

>> All those in average condition are $1500 to $2400.
Got it, thanks.
I really appreciate it.
cheers -mathias

stickguy · November 2016

that really sounds like a lousy trade in unit. definitely going to do better with a quick sale off of CL.

28firefighter · November 2016

That's not as horrible as I would have expected.

breld · November 2016

Not a TDI, but this nice low mileage 3.0T Prestige model seems to be priced more reasonably at a Toyota dealership.

https://www.cars.com/vehicledetail/detail/683976207/overview

28firefighter · November 2016

Is the 3.0T really beefy enough for a car of that size?

jpp75 · November 2016

qbrozen said:

jpp5862 said:
@qbrozen As much as I love it what's the Touareg worth at auction? 2016 Lux, 12k, North Carolina
colors? condition? engine?

Canyon Grey with black interior, V6 gas, other than one small door ding perfect condition. Thanks q.

qbrozen · November 2016

jpp5862 said:

@qbrozen As much as I love it what's the Touareg worth at auction? 2016 Lux, 12k, North Carolina
colors? condition? engine?
Canyon Grey with black interior, V6 gas, other than one small door ding perfect condition. Thanks q.

About $40k

explorerx4 · November 2016

Check out the recommended tire pressures for that Q7!

Mr_Shiftright · November 2016

qbrozen said:

steine13 said:

>> As a trade? Maybe about $1000.

That's a bit of a spread.
We have one vote for $5,900 'private party" and one vote for "$,1000 on trade."

If there are a few that went through the auctions, they will surely include everything from track rats to basket cases to decent drivers, and the price range might tell us something...?

I mean I know it's a crapshoot at 12 years old, but c'mon man, my used-car-fu is on the line here...

The spread on the auction fodder is not what you'd think. All those in average condition are $1500 to $2400. Hence my call on the $1000 trade, as that would be comfortable for a dealer should they need to pawn it off on a wholesaler or send to auction themselves.

Yes, that's the part of the equation that needs to be considered. This is not going to be on the dealer's front line, and probably not on his back lot either. So he's looking at this as a car he doesn't want and has to exert time and money to get rid of.

I betcha' one of his employees picks it up to fix and curb or give to his kid.

Of course the dealer could offer more in trade and just tack it on the other end.

Real-World Trade-In Values

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