Real-World Trade-In Values

qbrozen · July 2018

kyfdx said:

@qbrozen Any chance you know the answer to this?: https://forums.edmunds.com/discussion/51656/mercedes-benz/x/where-does-mercedes-benz-auction-lease-returns#latest

Sorry, no.

morton22 · July 2018

Michaell said:

morton22 said:

Wanted to find out about trade in value for a 2016 Hyundai Santa Fe Sport 2.0t Ultimate Package, 2WD, 22000 miles, in Southern California. Also, would you happen to know what the percentage difference is between a real world trade in value and the amount a dealer would get when they sell a car to a wholesaler?

Color - inside and out?
condition?
how much tread is on the tires?

I'm a dope.

Color-Black
Interior-Beige
Condition-Very Good
Tread-50%

Also, any thoughts on the difference between trade in and wholesale value?

qbrozen · July 2018

About $20k trade and prob $19k to a wholesaler.

andres3 · July 2018

Any chance Kia will go back in time, and pretend I did a 24 month lease option (available at the time) instead of my 36 month lease? Essentially renegotiate the contract for the lease?

I want out of the Optima. It is a gaz guzzler, with fradulent EPA mileage numbers, grossly overstated, with grossly underperforming efficiency. I mean really, I just looked at the sticker, 39 MPG highway! LOL! Maybe with a 15% descent on a perfectly paved roadway with no Priuses in the way. I don't like being lied to.

qbrozen · July 2018

Your beef is with the EPA, however.

I have not been able to get 22mpg from my truck under the best conditions, yet averaged 26mpg (vs epa's 25) in our van this past weekend with the AC blasting and cruising between 75-85 mph most of the time. You win some, you lose some, I guess.

tjc78 · July 2018

Yeah my Enclave is rated at 22 on the highway. I’ve gotten 25 @75 with the AC on. City is rated at 15 and is pretty spot on. I guess it depends how they test a particular model.

stickguy · July 2018

I’ve pullled 30 in the RDX on a highway run.

Andre, my Elantra has the “ hot rod “ version of you drivetrain, and vastly exceeds the EPA sticker ratings. City and highway. Especially highway. Rated 33, and I easily get 37-38, and have had runs cracking 40.

Michaell · July 2018

andres3 said:
Any chance Kia will go back in time, and pretend I did a 24 month lease option (available at the time) instead of my 36 month lease? Essentially renegotiate the contract for the lease?

Not very likely. You signed the contract for 36 months, and they expect you to honor that agreement.

I'll let Q give you the trade value - or, let CarMax give you a buy bid. Then, you'll need to get the payoff value from KMF to determine where you are, financially.

stickguy · July 2018

I’ll save him the call. Not in a good place!

henryn · July 2018

qbrozen said:
Your beef is with the EPA, however.

I have not been able to get 22mpg from my truck under the best conditions, yet averaged 26mpg (vs epa's 25) in our van this past weekend with the AC blasting and cruising between 75-85 mph most of the time. You win some, you lose some, I guess.

My 2015 F150 Supercrew did a little over 24 mpg once, road trip from Houston to San Antonio. The 2017 F150 never made any road trips, so no idea.

My 2016 Town and Country has never broken 23 by my calculations, although I have seen 25 and 26 on the computer when blasting down the highway.

Not that I care, I don't drive enough to be concerned about it. And it all pales in comparison to my Passat TDI. Jeez, that thing was unreal. Best actual measured tank was a little over 45 mpg. You gotta hand it to those German engineers, when they set out to cheat, they do a really good job!

fushigi · July 2018

2017 QX60 AWD .. rated 19/26. Best tank, part of a road trip, has been 23. Lifetime average is 18.3 over almost 11K miles. This is on premium and typically Top Tier from Costco. But I only use normal & Sport modes & have never moved the dial to econ.

I only drive around 700 miles a month so fuel economy is not a primary consideration when selecting a car, though I did expect it to be a little higher, like 21 or so, based on my ability to exceed EPA #s in prior cars.

Sandman6472 · July 2018

My 2015 Golf is showing 30 in the city and around 36 on the highway but have hit 39 and 40 when the weather is just perfect. It does everything right and it has been a pleasure. My thoughts are going to a hybrid next time, something like the Honda Insight. But we'll have to see what the next couple of years bring.
At this point, just not ready to buy anything, as they fixed the Golf so well after it's recent fender bender. Looks brand new and drives that way to. Hell, I can't even pull the trigger on a new iPhone 8 Plus because honestly, my 6s Plus is fine though I'd like to get the wireless charging.

The Sandman

xwesx · July 2018

I'm averaging just a sliver over 23.5 on the Q7. Overall, pretty happy with it. I love it when I crack 30 (calculated) on a highway run!

qbrozen · July 2018

henryn said:

My 2015 F150 Supercrew did a little over 24 mpg once, road trip from Houston to San Antonio. The 2017 F150 never made any road trips, so no idea.

My 2016 Town and Country has never broken 23 by my calculations, although I have seen 25 and 26 on the computer when blasting down the highway.

Not that I care, I don't drive enough to be concerned about it. And it all pales in comparison to my Passat TDI. Jeez, that thing was unreal. Best actual measured tank was a little over 45 mpg. You gotta hand it to those German engineers, when they set out to cheat, they do a really good job!

I got well over 40 with my Honda Fit, so the TDI didn't impress me all that much. ;b

stickguy · July 2018

Wes, are you keeping that thing forever? I thought the buyback was already in place for those.

xwesx · July 2018

qbrozen said:
I got well over 40 with my Honda Fit, so the TDI didn't impress me all that much. ;b

Yes, but that TDI was a lot more car than the Fit!

xwesx · July 2018

stickguy said:
Wes, are you keeping that thing forever? I thought the buyback was already in place for those.

EPA stiffed us 7%ers on the buyback. I took care of the modification and settlement already, but still stuck with the car. We'll see. I'm putting it up for sale soon. If someone wants it more than I do, then I'm happy to part with it. I'll keep enjoying it in the meantime.

qbrozen · July 2018

Eh, debatable. My TDI had the balky automatic vs a very decent Honda manual. The VW felt more solid and substantial, but the Fit was more fun by a mile.

xwesx · July 2018

qbrozen said:
Eh, debatable. My TDI had the balky automatic vs a very decent Honda manual. The VW felt more solid and substantial, but the Fit was more fun by a mile.

Hahhahaha. True. I wasn't saying it was more fun.... just that it was more CAR.

nyccarguy · July 2018

qbrozen said:

henryn said:

My 2015 F150 Supercrew did a little over 24 mpg once, road trip from Houston to San Antonio. The 2017 F150 never made any road trips, so no idea.

My 2016 Town and Country has never broken 23 by my calculations, although I have seen 25 and 26 on the computer when blasting down the highway.

Not that I care, I don't drive enough to be concerned about it. And it all pales in comparison to my Passat TDI. Jeez, that thing was unreal. Best actual measured tank was a little over 45 mpg. You gotta hand it to those German engineers, when they set out to cheat, they do a really good job!
I got well over 40 with my Honda Fit, so the TDI didn't impress me all that much. ;b

You got well over 40 and I KNOW you didn't feather the gas pedal on that Fit!

explorerx4 · July 2018

My mom's Fiesta was rated @38 highway. I got 42/43 the couple of times I took it to Wilkes-Barre.
That's with 2 or 3 people and some stuff in it.
Will be interested to see how my F150 does on the first trip down to Hatteras.
Last month on my trip to Cleveland then Dayton and back, my Fusion matched the 34 mpg highway rating for the whole trip.

henryn · July 2018

qbrozen said:
Eh, debatable. My TDI had the balky automatic vs a very decent Honda manual. The VW felt more solid and substantial, but the Fit was more fun by a mile.

Yeah, that DSG transmission was a little weird. I got used to it after a while, but the first few weeks were strange at low speeds and in stop and go traffic. All in all, I enjoyed owning the thing, especially with the $7k plus bonus. I would be happy to repeat that experience!

kyfdx · July 2018

I didn't like the DSG, either.

The A3 hatch was pretty long in the tooth, as far as design, but 42-45 mpg was great!
I liked the Sirius/XM interface.. as you scrolled, it showed you which song was playing, at that time. Nice.

roadburner · July 2018

My 2er returns about 31 mpg at 80 mph. In suburban driving I get around 26 mpg. Tonight my son and I drove it around on a dinner/shopping run; I had a play with an R32 and a WRX. Despite the mild hooning it averaged over 21 mpg. I couldn't be happier with the fuel economy, especially in light of the performance.

andres3 · July 2018

stickguy said:
I’ve pullled 30 in the RDX on a highway run.

Andre, my Elantra has the “ hot rod “ version of you drivetrain, and vastly exceeds the EPA sticker ratings. City and highway. Especially highway. Rated 33, and I easily get 37-38, and have had runs cracking 40.

I honestly can't fathom those numbers because your Elantra should have more juice coming out of the engine. The OPtima is heavier, but not enough so that it should make that large an impact.

So either they have wildly variable engine tolerances, or I got a bum engine.

stickguy · July 2018

or I drive slower?

Not that really on the highway. Generally in the 70-75 range. Though it likes to creep up over 80 if you don't watch it.

my car is juiced up to 201 HP and 195 lb/ft. Something about like that. And is geared shorter (I think I am turning 2,700 RPM at 70 (75?), much higher than a normal AT would be. Does not seem to hurt the mileage.

nyccarguy · July 2018

Here’s another 430xi drop top my buddy is looking at:

https://www.cars.com/vehicledetail/detail/738509022/overview/?aff=share_text

nyccarguy · July 2018

And another:

https://www.cars.com/vehicledetail/detail/738645586/overview/?aff=share_text

These were at least $50K MSRP vehicles not too long ago

nyccarguy · July 2018

And while you are at it, his trade in vehicle is a 2014 Accord EXL V6 w/ Navigation

Dark Blue/Grey Leather
99K miles
V6, Lthr, Nav, Sunroof, Pwr Seats, Hot Seats
average condition
Tires look to be at about 50%

qbrozen · July 2018

Is the Accord an automatic sedan?

qbrozen · July 2018

nyccarguy said:

Here’s another 430xi drop top my buddy is looking at:

https://www.cars.com/vehicledetail/detail/738509022/overview/?aff=share_text

They paid $30.100 for that one. Poor condition reported.

qbrozen · July 2018

nyccarguy said:

And another:

https://www.cars.com/vehicledetail/detail/738645586/overview/?aff=share_text

These were at least $50K MSRP vehicles not too long ago

Maybe paid $32k-$33k for it.

stickguy · July 2018

those 2 convertibles look much nicer with the light color interior.

xwesx · July 2018

qbrozen said:

nyccarguy said:

Here’s another 430xi drop top my buddy is looking at:

https://www.cars.com/vehicledetail/detail/738509022/overview/?aff=share_text

They paid $30.100 for that one. Poor condition reported.

$8,600 miles and poor condition. That's a sad combination!

nyccarguy · July 2018

qbrozen said:

Is the Accord an automatic sedan?

Yes. Automatic. Sedan.

roadburner · July 2018

xwesx said:

qbrozen said:

nyccarguy said:

Here’s another 430xi drop top my buddy is looking at:

https://www.cars.com/vehicledetail/detail/738509022/overview/?aff=share_text

They paid $30.100 for that one. Poor condition reported.

$8,600 miles and poor condition. That's a sad combination!

Every now and then we'd get a lease return that was just a wreck; curbed wheels, filthy interior and trunk- just nasty. On the other hand, we had several customers who would return their car in pristine condition. That sometimes paid off; one time a repeat customer returned his car in absolutely perfect condition- with the new car manager's consent I ignored that the tires were all a tiny bit below the 4/32" minimum tread threshold. That saved the customer $1,200- and earned me the ire of the used car manager, who told the new car manager to "chew me out." The new car ,manager told me about and said, "Consider yourself chewed out."- and laughed.

qbrozen · July 2018

nyccarguy said:

And while you are at it, his trade in vehicle is a 2014 Accord EXL V6 w/ Navigation

Dark Blue/Grey Leather
99K miles
V6, Lthr, Nav, Sunroof, Pwr Seats, Hot Seats
average condition
Tires look to be at about 50%

Anywhere from 10,000 to 11,000

nyccarguy · July 2018

Thanks @qbrozen for your input!

nyccarguy · July 2018

The Accord has a dirty carfax. He’s gotten an offer of $9K. I told him to take that if the car he’s trading for is right. I also told him NOT to drive a 435/440 Unkess he wanted to drop another $10K. He drove this 440i Drop Top & is in love.

https://www.cars.com/vehicledetail/detail/735889695/overview/?aff=share_text

stickguy · July 2018

Bradd, that is at the dealer that had the 2017 M240i in the same color. Just $14,000 cheaper! Turns out that the deal on it fell through. Monday it was back listed for sale. Good thing my son was already back home. They emailed him about it. But we both agreed that it must have been fate that it was off the market the day he was down here to look at. Saved himself from himself!

https://www.bmwmainline.com/certified/BMW/2017-BMW-2+Series-07feec180a0d04fe1b7fb243b2dbc182.htm?utm_source=cars.com&utm_medium=referral&utm_campaign=deeplink

qbrozen · July 2018

nyccarguy said:

The Accord has a dirty carfax. He’s gotten an offer of $9K. I told him to take that if the car he’s trading for is right. I also told him NOT to drive a 435/440 Unkess he wanted to drop another $10K. He drove this 440i Drop Top & is in love.

https://www.cars.com/vehicledetail/detail/735889695/overview/?aff=share_text

Here is something a bit odd. I'm fairly certain that car came through Ohio auction on 5/4 with 10,533 miles, yet carfax does not mention auction. Huh. Well, they paid $48.2k. I think they could come down $1k, even for CPO. And, yes, $9k for the Accord with dirty carfax is about right IMHO.

breld · July 2018

I’d like to know relative auction values for my car versus the runner up. If values aren’t available for 2018, 2017s would give me an idea.

So mine:

2018 Land Rover Discovery
HSE trim level
TD6 (diesel)
Major option packages: Windsor leather, 7 seat, Remote Seat Fold, Cold Climate, Drive Pro, Vision Assist

Runner up:

2018 Audi Q7
Prestige trim level
Driver assistant package, most everything else is included in the Prestige trim.

If it’s easy enough, I’d be curious the difference in value between the Prestige trim and Premium Plus.

Thanks!

tifighter · July 2018

@breld Would love to get your review on that Disco at some point. They intrigue me.

nyccarguy · July 2018

tifighter said:
@breld Would love to get your review on that Disco at some point. They intrigue me.

He doesn't know. It has been in the shop since he took delivery.

stickguy · July 2018

Well, that did not take long. This one I am interested in. Always heard that depreciation on a new one of these could be eye watering.

breld · July 2018

tifighter said:
@breld Would love to get your review on that Disco at some point. They intrigue me.

I am enjoying the vehicle. I like that it's a bit different in character than the competition, both in aesthetics and driving feel. It’s certainly quiet and smooth, but more in a “trucky” way, if that makes sense.

The diesel really sets it apart. The 0-60 times aren’t anything to write home about, but of course with all that torque, it really pulls strong. That is, once you get through the initial turbo lag, which is significant. And, through 6,000 miles, the trip computer indicates an average mpg of about 26.

I love the interior - the materials are of very high quality, and I really like the seating position and the armrest positions.

So that’s the car itself. I won’t go into it, but my experience thus far with the dealership has been extremely poor, and as @nyccarguy alludes to above, I’ve already had more experience than I would like.

It’s hard to separate the car itself from the ownership experience. In a nutshell, my wife was all hot on getting a Range Rover Sport or Velar at some point, but she’s now completely turned off from the brand. And I’ll happily return to the more positive experiences I’ve had with our local Audi and BMW dealerships somewhere along the road. Or Volvo. We had service appointments back to back for my wife’s Volvo and the Land Rover, and it was night and day.

breld · July 2018

nyccarguy said:

tifighter said:
@breld Would love to get your review on that Disco at some point. They intrigue me.
He doesn't know. It has been in the shop since he took delivery.

That’s just low-hanging fruit.

qbrozen · July 2018

breld said:

I’d like to know relative auction values for my car versus the runner up. If values aren’t available for 2018, 2017s would give me an idea. So mine: 2018 Land Rover Discovery HSE trim level TD6 (diesel) Major option packages: Windsor leather, 7 seat, Remote Seat Fold, Cold Climate, Drive Pro, Vision Assist Runner up: 2018 Audi Q7 Prestige trim level Driver assistant package, most everything else is included in the Prestige trim. If it’s easy enough, I’d be curious the difference in value between the Prestige trim and Premium Plus. Thanks!

So 2018 disco diesels. BUT, the 2017 gassers and diesels are the same value. SO, since 2018 gassers are in the $57k-$58k range, we could guess so is the diesel. Meaning maybe $56k trade.

Assuming v6 Q7, about $52k vs $59k.

breld · July 2018

Thanks Q.

kyfdx · July 2018

@qbrozen That's a lot of pressure when @breld asks for a number. It's possible that he needs it, immediately!

Real-World Trade-In Values

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