Real-World Trade-In Values

roadburner · May 2019

@qbrozen Let me try again:
2016 Z4

stickguy · May 2019

nice colors. seems pretty well equipped. Low miles, and correct number of pedals. I would not kick it out of the garage for eating crackers in there. Just way, way out of my price range!

qbrozen · May 2019

roadburner said:
@qbrozen Let me try again:
2016 Z4

mid 28s at auction. So I'd be shooting for $31k, maybe $31.5k.

roadburner · May 2019

Thank you!

breld · May 2019

Hmmm - Coincidentally, I came across this listing yesterday that piqued my interest, at least a little bit.

https://www.landroverdenver.com/used/BMW/2011-BMW-Z4-965c9afa0a0d0cc74fa150fa4f8cbbcf.htm

At the end of the day, I don't think I'd trade the practical nature of my Miata for an 8 year old BMW with the turbo I-6. But on the other hand, it is the turbo I-6.

And, as @stickguy would say, it has the right number of pedals.

So how optimistic is this Land Rover dealer on their pricing of the Z4? (and I hate this Land Rover dealer by the way).

roadburner · May 2019

My friend offered $31k and the sales guy gave him the “rare manual” BS as a reason for the higher price.
And you know it was lowballed as a trade because “manuals are hard to sell.”

nyccarguy · May 2019

breld said:
Hmmm - Coincidentally, I came across this listing yesterday that piqued my interest, at least a little bit.

https://www.landroverdenver.com/used/BMW/2011-BMW-Z4-965c9afa0a0d0cc74fa150fa4f8cbbcf.htm

At the end of the day, I don't think I'd trade the practical nature of my Miata for an 8 year old BMW with the turbo I-6. But on the other hand, it is the turbo I-6.

And, as @stickguy would say, it has the right number of pedals.

So how optimistic is this Land Rover dealer on their pricing of the Z4? (and I hate this Land Rover dealer by the way).

"$795 Dealer Handling Fee" OUCH!

corvette · May 2019

nyccarguy said:

Hmmm - Coincidentally, I came across this listing yesterday that piqued my interest, at least a little bit. https://www.landroverdenver.com/used/BMW/2011-BMW-Z4-965c9afa0a0d0cc74fa150fa4f8cbbcf.htm At the end of the day, I don't think I'd trade the practical nature of my Miata for an 8 year old BMW with the turbo I-6. But on the other hand, it is the turbo I-6. And, as @stickguy would say, it has the right number of pedals. So how optimistic is this Land Rover dealer on their pricing of the Z4? (and I hate this Land Rover dealer by the way).
"$795 Dealer Handling Fee" OUCH!

That’s what the big dealership cartel here in Louisville charges, and one of the reasons I didn’t buy from them.

jmonroe1 · May 2019

corvette said:

nyccarguy said:

breld said:
Hmmm - Coincidentally, I came across this listing yesterday that piqued my interest, at least a little bit.

https://www.landroverdenver.com/used/BMW/2011-BMW-Z4-965c9afa0a0d0cc74fa150fa4f8cbbcf.htm

At the end of the day, I don't think I'd trade the practical nature of my Miata for an 8 year old BMW with the turbo I-6. But on the other hand, it is the turbo I-6.

And, as @stickguy would say, it has the right number of pedals.

So how optimistic is this Land Rover dealer on their pricing of the Z4? (and I hate this Land Rover dealer by the way).
"$795 Dealer Handling Fee" OUCH!

That’s what the big dealership cartel here in Louisville charges, and one of the reasons I didn’t buy from them.

I've come to the conclusion that if dealerships kept their hands off cars, they wouldn't have to charge a "Handling Fee". :@

jmonroe

Michaell · May 2019

jmonroe1 said:

corvette said:

nyccarguy said:

breld said:
Hmmm - Coincidentally, I came across this listing yesterday that piqued my interest, at least a little bit.

https://www.landroverdenver.com/used/BMW/2011-BMW-Z4-965c9afa0a0d0cc74fa150fa4f8cbbcf.htm

At the end of the day, I don't think I'd trade the practical nature of my Miata for an 8 year old BMW with the turbo I-6. But on the other hand, it is the turbo I-6.

And, as @stickguy would say, it has the right number of pedals.

So how optimistic is this Land Rover dealer on their pricing of the Z4? (and I hate this Land Rover dealer by the way).
"$795 Dealer Handling Fee" OUCH!

That’s what the big dealership cartel here in Louisville charges, and one of the reasons I didn’t buy from them.

I've come to the conclusion that if dealerships kept their hands off cars, they wouldn't have to charge a "Handling Fee". :@

jmonroe

So you expect them to levitate off the transporter and onto the lot?

henryn · May 2019

Figure out how much you want to pay for the car. In the case of that Cadillac XTS, say that number is $32,000. Add in the sales tax (here in Texas, 6.25%, or $2,000). Most dealers are going to run between $250 to $350 for the title transfer, license plates, etc, so I just round that off to $300.

$32,000
$2,000
$300
That comes out to $34,300 OTD (out the door). I make that offer, and make sure they know it is my one and only offer, and is all inclusive. They take it or they don’t take it. “Handling fees” have no part in my equations. They can manipulate the numbers anyway they want, sell me the car for $500 and charge me a $33,900 handling fee, I don’t care. I only care about what I have to write on the check (or finance).

jmonroe1 · May 2019

Michaell said:

jmonroe1 said:

corvette said:

nyccarguy said:

breld said:
Hmmm - Coincidentally, I came across this listing yesterday that piqued my interest, at least a little bit.

https://www.landroverdenver.com/used/BMW/2011-BMW-Z4-965c9afa0a0d0cc74fa150fa4f8cbbcf.htm

At the end of the day, I don't think I'd trade the practical nature of my Miata for an 8 year old BMW with the turbo I-6. But on the other hand, it is the turbo I-6.

And, as @stickguy would say, it has the right number of pedals.

So how optimistic is this Land Rover dealer on their pricing of the Z4? (and I hate this Land Rover dealer by the way).
"$795 Dealer Handling Fee" OUCH!

That’s what the big dealership cartel here in Louisville charges, and one of the reasons I didn’t buy from them.
I've come to the conclusion that if dealerships kept their hands off cars, they wouldn't have to charge a "Handling Fee". :@

jmonroe

So you expect them to levitate off the transporter and onto the lot?

Why not? If it cuts down on the cost of cars, it's worth a shot.

jmonroe

roadburner · May 2019

I always negotiate an OTD price, I don't care how they break it out as long as they hit the number I'm looking for...

Memic · May 2019

I hope that it's not off topic:
I'm looking at leasing a new car and a dealer offered to take my current lease off me (currently leasing a 2017 Volt until end of august). Does anyone has knowledge of the pitfalls of transferring a lease a few months early in order to buy/lease a new vehicle?
Thank you.

roadburner · May 2019

Are you buying another Chevrolet or GM vehicle? BMW Financial will sometimes offer a pull-ahead to get the customer into a new car several months before the lease termination date- maybe GM has something similar.

Memic · May 2019

I'm looking at Hyundai and Honda. Unless GM gives me a killer deal on the Bolt...

DeadManJoe33 · May 2019

Went to a Hyundai dealership and was told they could only offer the price of $11,000,
year- 2016
make- HYUNDAI
model- ELANTRA
color- PHANTOM BLACK
mileage- 32,000
transmission- AUTOMATIC
condition- GREAT
location- MA

mredds3211 · May 2019

I have a 2017 Audi A7. I did a 3 year lease / 30k miles total but only have 15,000 miles on it currently. My lease is up in 6 months and current payment is about $1000 per month. Residual is $43,000. Audi offered me $49,000 for the car, which equates to about the same as my residual plus 6 months of payments at $1k/mth. Am i missing anything here or is this a decent deal? Bluebook value for a private sale with same mileage is $49k as well.

Also, is there negotiating room there or is that a take it or leave it, have never returned a lease before.

Thanks in advance.

kyfdx · May 2019

mredds3211 said:
I have a 2017 Audi A7. I did a 3 year lease / 30k miles total but only have 15,000 miles on it currently. My lease is up in 6 months and current payment is about $1000 per month. Residual is $43,000. Audi offered me $49,000 for the car, which equates to about the same as my residual plus 6 months of payments at $1k/mth. Am i missing anything here or is this a decent deal? Bluebook value for a private sale with same mileage is $49k as well.

Also, is there negotiating room there or is that a take it or leave it, have never returned a lease before.

Thanks in advance.

You really aren't returning the car, you are trading it in, right?
Do you know the current payoff for the lease?

henryn · May 2019

kyfdx said:

mredds3211 said:
I have a 2017 Audi A7. I did a 3 year lease / 30k miles total but only have 15,000 miles on it currently. My lease is up in 6 months and current payment is about $1000 per month. Residual is $43,000. Audi offered me $49,000 for the car, which equates to about the same as my residual plus 6 months of payments at $1k/mth. Am i missing anything here or is this a decent deal? Bluebook value for a private sale with same mileage is $49k as well.

Also, is there negotiating room there or is that a take it or leave it, have never returned a lease before.

Thanks in advance.
You really aren't returning the car, you are trading it in, right?
Do you know the current payoff for the lease?

Wouldn't the current payoff be equal to the residual plus the remaining payments? Which he did state in his message, $43,000 plus ( 6 * $1,000).

kyfdx · May 2019

henryn said:

kyfdx said:

mredds3211 said:
I have a 2017 Audi A7. I did a 3 year lease / 30k miles total but only have 15,000 miles on it currently. My lease is up in 6 months and current payment is about $1000 per month. Residual is $43,000. Audi offered me $49,000 for the car, which equates to about the same as my residual plus 6 months of payments at $1k/mth. Am i missing anything here or is this a decent deal? Bluebook value for a private sale with same mileage is $49k as well.

Also, is there negotiating room there or is that a take it or leave it, have never returned a lease before.

Thanks in advance.
You really aren't returning the car, you are trading it in, right?
Do you know the current payoff for the lease?
Wouldn't the current payoff be equal to the residual plus the remaining payments? Which he did state in his message, $43,000 plus ( 6 * $1,000).

No.. usually, it's less, as there are "unearned" finance charge portions of the lease.

mredds3211 · May 2019

henryn said:

kyfdx said:

mredds3211 said:
I have a 2017 Audi A7. I did a 3 year lease / 30k miles total but only have 15,000 miles on it currently. My lease is up in 6 months and current payment is about $1000 per month. Residual is $43,000. Audi offered me $49,000 for the car, which equates to about the same as my residual plus 6 months of payments at $1k/mth. Am i missing anything here or is this a decent deal? Bluebook value for a private sale with same mileage is $49k as well.

Also, is there negotiating room there or is that a take it or leave it, have never returned a lease before.

Thanks in advance.
You really aren't returning the car, you are trading it in, right?
Do you know the current payoff for the lease?
Wouldn't the current payoff be equal to the residual plus the remaining payments? Which he did state in his message, $43,000 plus ( 6 * $1,000).

I'm just returning it and am going to start a new lease with an A6. So i believe the payoff is what you mention the $43k plus remaining payments? They basically offered me the same.

mredds3211 · May 2019

But i thought i might be able to arbitrage it slightly because i am so far under on the mileage (15,000 on a 30,000 mile lease).

Sandman6472 · May 2019

Q, looking for a trade number for the 2015 VW Golf SE.

2015 VW Golf SE
Blue silk over beige leatherette
53,700 miles
Ft. Lauderdale area
Very good condition
2018 accident on CarFax
Run flat tires with decent tread left
Sun/moon roof
XM radio in infotainment center

Might be time to get something new as I'm thinking of retiring again. Thanks again.

kyfdx · May 2019

mredds3211 said:
But i thought i might be able to arbitrage it slightly because i am so far under on the mileage (15,000 on a 30,000 mile lease).

Unless Audi has a specified "pull-ahead" program (and, I don't think they do), then the only way to get out early, is for the dealer to take your car in trade, and payoff the lease. That is not the same as turning it back in to the bank. It's important to remember that the dealer and AFS are not the same entity.

You very well could have some equity in the vehicle, with the low mileage, but to have any chance of realizing anything from it, you have to gird yourself with the proper information. Don't assume your payoff amount. Call AFS and ask them for it. Then, you'll know if you are being treated fairly by your dealer.

Mr_Shiftright · May 2019

Here's a caution for everyone.

Friend of a friend bought a 2009 Honda Pilot with only 35,000 miles on it, and paid a premium price. Well they asked me for advice as the CARFAX that they purchased AFTER buying the car showed a mileage discrepancy.

Sure enough a scan tool verified 137,000 miles on it.

They paid cash, seller has disappeared from the face of the earth.

Nasty business.

qbrozen · May 2019

Mr_Shiftright said:
Here's a caution for everyone.

Friend of a friend bought a 2009 Honda Pilot with only 35,000 miles on it, and paid a premium price. Well they asked me for advice as the CARFAX that they purchased AFTER buying the car showed a mileage discrepancy.

Sure enough a scan tool verified 137,000 miles on it.

They paid cash, seller has disappeared from the face of the earth.

Nasty business.

did they buy from a business or person? Is the business gone or person moved from their home?

qbrozen · May 2019

Sandman6472 said:
Q, looking for a trade number for the 2015 VW Golf SE.

2015 VW Golf SE
Blue silk over beige leatherette
53,700 miles
Ft. Lauderdale area
Very good condition
2018 accident on CarFax
Run flat tires with decent tread left
Sun/moon roof
XM radio in infotainment center

Might be time to get something new as I'm thinking of retiring again. Thanks again.

$7k-$7500 would be my guess.

Mr_Shiftright · May 2019

qbrozen said:

Mr_Shiftright said:
Here's a caution for everyone.

Friend of a friend bought a 2009 Honda Pilot with only 35,000 miles on it, and paid a premium price. Well they asked me for advice as the CARFAX that they purchased AFTER buying the car showed a mileage discrepancy.

Sure enough a scan tool verified 137,000 miles on it.

They paid cash, seller has disappeared from the face of the earth.

Nasty business.
did they buy from a business or person? Is the business gone or person moved from their home?

Person---they've vanished apparently. I'm steerin' clear of the whole thing.

explorerx4 · May 2019

They should at least file some kind of complaint with police/motor vehicle dept.

nyccarguy · May 2019

Mr_Shiftright said:

Here's a caution for everyone. Friend of a friend bought a 2009 Honda Pilot with only 35,000 miles on it, and paid a premium price. Well they asked me for advice as the CARFAX that they purchased AFTER buying the car showed a mileage discrepancy. Sure enough a scan tool verified 137,000 miles on it. They paid cash, seller has disappeared from the face of the earth. Nasty business.

Ouch!

qbrozen · May 2019

explorerx4 said:

They should at least file some kind of complaint with police/motor vehicle dept.

I think they have to. It is a federal crime so I certainly wouldn’t NOT report it.

Mr_Shiftright · May 2019

Apparently they just want to sell it and concentrate on other problems (health issues). I'm not going to interfere or do an "I told you so", although it's tempting. Nice people, too.

tjc78 · May 2019

Are they going to have the odometer set to the correct mileage?

cdnpinhead · May 2019

You bet they will. I'm sure it's a free option on the "aint life grand" website and will only take 2 minutes.

Mr_Shiftright · May 2019

There's a place on the title where you check that the odometer is incorrect--then I guess you write out a Bill of Sale that declares the true mileage and everybody signs it, including a witness. As for what the new people do with it--who knows? The CARFAX would bust them, providing somebody checked it.

Too bad. It's a nice clean truck just loaded with every conceivable option--top of the line. These folks are going to take a hit on it, no question.

stickguy · May 2019

well, if the condition is good (it must be pretty clean if is passed for a 37K unit) why not just keep it and get use out of it? The money is already sunk.

andres3 · May 2019

stickguy said:
well, if the condition is good (it must be pretty clean if is passed for a 37K unit) why not just keep it and get use out of it? The money is already sunk.

agreed! Why sell it? It's still the same car, just has more miles than they thought.

corvette · May 2019

Keeping the Pilot and reporting it to the appropriate authorities to attempt to get some type of relief would be a feasible option, I'd think. My Tahoe has almost 130k, but would pass for something with probably half the mileage, but I'm proud that it's kept on ticking for 10 years and that many miles.

stickguy · May 2019

sounds like they are out of luck though. If the scammers are gone, no one to go after. And the police are unlikely to put any effort into this. So, they have a car, and a life lesson, water under the bridge. Just need to make the best of it going forward.

And yet one more reason to just pony up for a new car!

andres3 · May 2019

stickguy said:
sounds like they are out of luck though. If the scammers are gone, no one to go after. And the police are unlikely to put any effort into this. So, they have a car, and a life lesson, water under the bridge. Just need to make the best of it going forward.

And yet one more reason to just pony up for a new car!

Or one reason not to buy a "low mile" used car!

tjc78 · May 2019

So what’s next? You take a used car you are looking at to the service bay, so they can plug in and read the true mileage?

qbrozen · May 2019

tjc78 said:

So what’s next? You take a used car you are looking at to the service bay, so they can plug in and read the true mileage?

Yes. Should be part of a PPI

sda · May 2019

That would be a bitter experience finding out the mileage was tremendously higher than represented. It sounds like the Pilot was well kept and assuming it was, it should have many more miles left in it. Our 2010 has 135k and looks and drives nicely. Probably a good idea to have the timing belt and associated service done to prevent a greater problem.

nyccarguy · May 2019

sda said:
That would be a bitter experience finding out the mileage was tremendously higher than represented. It sounds like the Pilot was well kept and assuming it was, it should have many more miles left in it. Our 2010 has 135k and looks and drives nicely. Probably a good idea to have the timing belt and associated service done to prevent a greater problem.

When we traded in our 2011 Pilot, it had 102,000 miles on it. Like yours @sda, it looked like it had maybe 35 - 40K miles.

stickguy · May 2019

I’m surprised that you can change the ODO display without changing what’s stored in the CPU. But definitely a good idea to do a code dump in a PPI.

MrHarris183 · May 2019

Interested in a vehicle. It's a 2017 Benz in Omaha Nebraska. My Zip is 68147. Credit score between 720-50. MSRP $37988. Selling at $36973. Comes with 18k miles. The on-site payment calculator is figured with my down payment of 6% ($2200 down) over 72 months, with $556/month before additional taxes. Vin #WDC0G4KB2HF191909

I didn't see the point in dropping a large sum for a down payment. No trade-in. But what sort of wiggle room could I negotiate here?

MrHarris183 · May 2019

stickguy · May 2019

Need some more details. Model, color, equipment. CPO?

MrHarris183 · May 2019

stickguy said:

Need some more details. Model, color, equipment. CPO?

Yes a CPO. Here's a little more;

$36,973

PackagesOriginal MSRP Value: $7,685

Premium 2 Package

COMAND Single CD/DVD
Storage Package
Navigation Map Updates For 3 Years
DVD Coding
Radio: COMAND System w/Navigation
8" high resolution LCD screen w/3D map views
Enhanced voice control system
10GB music register

Single disc CD/DVD player
Gracenote album information including cover art
SD card slot
SiriusXM traffic and SiriusXM weather w/
MB Illuminated Door Sill Panels
115V AC Power Outlet
KEYLESS GO
Ambient Lighting
Illuminated door sills

Entrance Lamps In Doors
Blind Spot Assist
SiriusXM Satellite Radio
Touchpad

Original Package MSRP: $3,600

Panorama Roof

Original Package MSRP: $1,480

Burmester Surround Sound System

Original Package MSRP: $850

Heated Front Seats

Original Package MSRP: $580

Trailer Hitch

Original Package MSRP: $575

Roof Spoiler

Original Package MSRP: $350

Equipment

All Wheel Drive
Aluminum Wheels
Auxiliary Audio Input
Back-Up Camera
Blind Spot Monitor
Dual Moonroof
Heated Front Seat(s)
Keyless Start
Multi-Zone A/C
Navigation System

View All

Vehicle History

Buy Back Guarantee
No Total Loss Reported
No Frame Damage Reported
No Airbag Deployment Reported
No Odometer Rollback Reported
No Manufacturer Recalls Reported

View full report

Highlights

Balance of New Car Warranty plus 1 year/unlimited miles extended Limited Warranty
24-Hour Roadside Assistance
Carfax Vehicle History Report
Exchange Privilege for 7 days or 500 miles, whichever comes first
NO Deductible
Rigorous Inspection by Factory Certified Technicians
Trip-Planning Services
Trip-Interruption Services

Fuel Economy

Highway

28

City

21

Real-World Trade-In Values

Comments

Helpful Tools

Most popular vehicles