Real-World Trade-In Values

roadburner · October 2021

I have a coupe of friends who have Cayennes of that vintage and they love them. That said, I'd definitely get a PPI from somebody who knows Porsches; taking it to Billy Bob's Tanning Salon, Laundromat and High-Tech Auto Repair won't cut it. Don't worry about the price until the truck gets a clean bill of health.

qbrozen · October 2021

Nobody can predict the future.

As it is, that is cheap. I’d be very wary and have it checked out by a specialist first.

magnumek · November 2021

Is 2015 Porsche Macan S with 65k for $32k a good deal? Or is it just decent with todays market?

qbrozen · November 2021

@magnumek said:
Is 2015 Porsche Macan S with 65k for $32k a good deal? Or is it just decent with todays market?

Good for you if no previous paintwork. They go for $31k-$33k at auction.

Lgb0250 · November 2021

Prices on used vehicles right now are showing the irrational exuberance syndrome.

I recently got rid of my 2019 Toyota Avalon Limited w/7k miles. Got pricing from Vroom, Carvana and Carmax. Carmax offered the most at $35600 which was $3600 more than I paid for it with 1400 mi on it. Put an ad on Autotrader for $38695 and sold it to an independent lot buyer for $37000.

Today I priced out my wife’s 2019 Lexus RX350 that is loaded and has 15800 mi on it. Vroom and Carmax both offered $43600 and Carvana offered 46889! Which is only $3K less than what we paid new, no rhyme or reason out there right now. Auctions use to be the gold standard but not in this market at 5his point in time.

stickguy · November 2021

so, are you guys just walking everywhere now?

magnumek · November 2021

Thank you.

Is there any way of finding out how much was it selling for a year ago?

I really want the Macan or Cayenne but I dont want to end losing 10k next year when/if the market settles down

stickguy · November 2021

Nobody can really predict, or guarantee, that. But any time you buy on a bubble, there is a good chance it bursts on you.

qbrozen · November 2021

Up about $3k from this time last year.

andres3 · November 2021

Depreciation doesn't really scare me except in the event of a theft/collision.

ronsteve · November 2021

I figure it's all about the "delta" because even if I am overpaying for the replacement, the value of my trade is equally inflated.

robbieg · November 2021

Any idea of a SUV that has the highest seat height? We have a 4runner and want something with better gas mileage. Sat in a CRV and thought we were sitting on the ground.

qbrozen · November 2021

dad23 · November 2021

hmmm, not thinking better gas mileage there, but definitely higher seat height!

stickguy · November 2021

Highlander hybrid.

tjc78 · November 2021

I don’t think anything with much better gas mileage will sit higher than a 4Runner.

@stickguy has a solid selection if you can even find a Highlander Hybrid right now

tj11119 · November 2021

Hello, how much would a 2021 Mercedes Benz GLB 250 FWD with 4k miles be going for at auction right now in the Socal region? My zip is 91913.
Perfect shape, white/beige leather, Premium Pack, 3rd row, dampening suspension, 20" wheels w/good tires. No prior accidents. Looking into selling it if the price is right. Thanks!

qbrozen · November 2021

About $48k

tj11119 · November 2021

qbrozen said:
About $48k

That is crazy, the original MSRP was 44k and I didn't pay anything near that.
Thank you

jmonroe1 · November 2021

tj11119 said:

qbrozen said:
About $48k

That is crazy, the original MSRP was 44k and I didn't pay anything near that.
Thank you

If you feel guilty about that, you can always sell it for less.

jmonroe

tj11119 · November 2021

jmonroe1 said:

tj11119 said:

qbrozen said:
About $48k

That is crazy, the original MSRP was 44k and I didn't pay anything near that.
Thank you
If you feel guilty about that, you can always sell it for less.

jmonroe

Lol, happy to exit at this price point to pocket the equity and not look back.

jmonroe1 · November 2021

tj11119 said:

jmonroe1 said:

tj11119 said:

qbrozen said:
About $48k

That is crazy, the original MSRP was 44k and I didn't pay anything near that.
Thank you
If you feel guilty about that, you can always sell it for less.

jmonroe
Lol, happy to exit at this price point to pocket the equity and not look back.

I would too. Let us know how it went when you pulled the trigger.

Good luck.

jmonroe

andres3 · November 2021

Pay it forward by selling below market value.

tj11119 · November 2021

jmonroe1 said:

tj11119 said:

jmonroe1 said:

tj11119 said:

qbrozen said:
About $48k

That is crazy, the original MSRP was 44k and I didn't pay anything near that.
Thank you
If you feel guilty about that, you can always sell it for less.

jmonroe
Lol, happy to exit at this price point to pocket the equity and not look back.
I would too. Let us know how it went when you pulled the trigger.

Good luck.

jmonroe

Done deal. Here is the data point.
Original MSRP: $44,100
Selling price: $46,200

Could have done a little better, but Mercedes Benz currently restricts third-party dealers from buying out their leases. I only had two options who would accept a lessor-released title.
The total came to $8,700 over my payoff. Happy with the outcome.

jmonroe1 · November 2021

tj11119 said:

jmonroe1 said:

tj11119 said:

jmonroe1 said:

tj11119 said:

qbrozen said:
About $48k

That is crazy, the original MSRP was 44k and I didn't pay anything near that.
Thank you
If you feel guilty about that, you can always sell it for less.

jmonroe
Lol, happy to exit at this price point to pocket the equity and not look back.
I would too. Let us know how it went when you pulled the trigger.

Good luck.

jmonroe
Done deal. Here is the data point.
Original MSRP: $44,100
Selling price: $46,200

Could have done a little better, but Mercedes Benz currently restricts third-party dealers from buying out their leases. I only had two options who would accept a lessor-released title.
The total came to $8,700 over my payoff. Happy with the outcome.

Congratulations. That’s not too bad for a days work. Now the question…what are you going to do with that windfall?

jmonroe

tj11119 · November 2021

jmonroe1 said:

tj11119 said:

jmonroe1 said:

tj11119 said:

jmonroe1 said:

tj11119 said:

qbrozen said:
About $48k

That is crazy, the original MSRP was 44k and I didn't pay anything near that.
Thank you
If you feel guilty about that, you can always sell it for less.

jmonroe
Lol, happy to exit at this price point to pocket the equity and not look back.
I would too. Let us know how it went when you pulled the trigger.

Good luck.

jmonroe
Done deal. Here is the data point.
Original MSRP: $44,100
Selling price: $46,200

Could have done a little better, but Mercedes Benz currently restricts third-party dealers from buying out their leases. I only had two options who would accept a lessor-released title.
The total came to $8,700 over my payoff. Happy with the outcome.
Congratulations. That’s not too bad for a days work. Now the question…what are you going to do with that windfall?

jmonroe

The only option looks like a Wrangler 4xe if the BBB legislation permits.

therealbofa · December 2021

Hello - can you help me with an auction value on my vehicle?

2019 Jeep Grand Cherokee Limited X
4x4 with 5.7 V8
12,000 miles
Advanced Active Safety Group
Pano Sunroof
Premium Sound
Full size spare

ZIP is 80104

Thank you

qbrozen · December 2021

@therealbofa said:
Hello - can you help me with an auction value on my vehicle?

2019 Jeep Grand Cherokee Limited X
4x4 with 5.7 V8
12,000 miles
Advanced Active Safety Group
Pano Sunroof
Premium Sound
Full size spare

ZIP is 80104

Thank you

Damned nice vehicle!
Assuming no runs, hits, errors,
$44k-$45k

therealbofa · December 2021

@qbrozen said:

@therealbofa said:
Hello - can you help me with an auction value on my vehicle?

2019 Jeep Grand Cherokee Limited X
4x4 with 5.7 V8
12,000 miles
Advanced Active Safety Group
Pano Sunroof
Premium Sound
Full size spare

ZIP is 80104

Thank you

Damned nice vehicle!
Assuming no runs, hits, errors,
$44k-$45k

That would be amazing. Thank you!

It really is a nice ride - we had to go bigger for road trips though. Maybe this will ease the pain of paying full MSRP on the Yukon

therealbofa · December 2021

@qbrozen said:

@therealbofa said:
Hello - can you help me with an auction value on my vehicle?

2019 Jeep Grand Cherokee Limited X
4x4 with 5.7 V8
12,000 miles
Advanced Active Safety Group
Pano Sunroof
Premium Sound
Full size spare

ZIP is 80104

Thank you

Damned nice vehicle!
Assuming no runs, hits, errors,
$44k-$45k

Thanks again for the estimate. Carmax wouldn’t go above 41 but still did well on it.

Michaell · December 2021

therealbofa said:

@qbrozen said:

@therealbofa said:

Hello - can you help me with an auction value on my vehicle?

2019 Jeep Grand Cherokee Limited X

4x4 with 5.7 V8

12,000 miles

Advanced Active Safety Group

Pano Sunroof

Premium Sound

Full size spare

ZIP is 80104

Thank you

Damned nice vehicle!

Assuming no runs, hits, errors,

$44k-$45k

Thanks again for the estimate. Carmax wouldn’t go above 41 but still did well on it.

Did you try Vroom or Carvana?

qbrozen · December 2021

Michaell said:

Did you try Vroom or Carvana?

Not to mention Autolenders and Autonation.
There are others, but usually at least one of those 5 steps up.

therealbofa · December 2021

@Michaell said:
Did you try Vroom or Carvana?

Caravana’s offer was even worse… $35K. It’s a lease and Vroom stopped doing those recently apparently.

therealbofa · December 2021

@qbrozen said:
Not to mention Autolenders and Autonation.
There are others, but usually at least one of those 5 steps up.

Haven’t heard of Autolenders but should have hit up the AutoNation Jeep. Wife was getting cranky and wanted it to be done with. If I had my way I would have hit up every option south of Denver.

stickguy · December 2021

AutoLenders is a local chain in South Jersey (outside Philly). I should check, but never heard of them being elsewhere.

Michaell · December 2021

therealbofa said:

@qbrozen said:

Not to mention Autolenders and Autonation.

There are others, but usually at least one of those 5 steps up.

Haven’t heard of Autolenders but should have hit up the AutoNation Jeep. Wife was getting cranky and wanted it to be done with. If I had my way I would have hit up every option south of Denver.

Echo Park on Arapahoe?

Or, is it to late?

magnumek · December 2021

I know that the used car market is so inflated now but I am still looking for a deal on a SUV.

What do you think about 2018 Land Rover Discovery Sport SE with 56k miles and 360 view camera option for $27k?
How much was it selling for last year?

stickguy · December 2021

at this time, it actually seems better to buy new. Weird as that sounds. IMO.

xwesx · December 2021

The used car market inflated by 31% nationally, according to published data, so it's probably reasonable to estimate that the same car would list for around $21,000 a year ago (assuming all things equal, like it was a 2017 versus a 2018 in December 2020).

magnumek · December 2021

How about a 2018 Jaguar F Pace with 60k miles for $33k? It is a fair deal or too inflated?

Its located in south Florida. White exterior, black interior. 3.0T engine. Mint condition. Its a Premium Sport Utility 30t trim.

Michaell · December 2021

magnumek said:
How about a 2018 Jaguar F Pace with 60k miles for $33k? It is a fair deal or too inflated?

Location?
Color - inside and out?
Engine?
Condition?

magnumek · December 2021

@Michaell said:
Location?
Color - inside and out?
Engine?
Condition?

Its located in south Florida. White exterior, black interior. 3.0T engine. Mint condition. Its a Premium Sport Utility 30t trim.

qbrozen · December 2021

@magnumek said:

@Michaell said:
Location?
Color - inside and out?
Engine?
Condition?

Its located in south Florida. White exterior, black interior. 3.0T engine. Mint condition. Its a Premium Sport Utility 30t trim.

That is cheap if clean carfax. Might want to get it checked out. If it needs nothing, I would get over $34k at dealer auction.

magnumek · December 2021

I pulled a carfax and looks like it had a front damage but it has been fully repaired. Also, I made a mistake in the engine, its not a 3.0 but a 2.0 I4. Its an AWD. Title is clean.
Is it still considered a good price for this vehicle?

qbrozen · December 2021

magnumek said:
I pulled a carfax and looks like it had a front damage but it has been fully repaired. Also, I made a mistake in the engine, its not a 3.0 but a 2.0 I4. Its an AWD. Title is clean.
Is it still considered a good price for this vehicle?

Oh boy. A dirty carfax on a luxo car makes a BIG difference, IMHO. And, yes, I figured out the engine. It is labeled as a 30 vs the bigger engine as a 35, though, so it made sense to me.

Anyway, "front damage" is vague. I can only give you info based on assumptions. Let's say no metal was replaced. I'd still ding it about 10-15%. Normally 20, but the market is nuts, so I'll try to compensate. That puts us down around $30k ... maybe $31k at auction. That would make $33k a fair retail number. I'd urge you to get it checked, though, and make sure it was repaired properly and no panels have been replaced. If so, just walk away. It isn't worth it.

magnumek · December 2021

Thank you so much for the detailed reply! The guy agreed to sell it for $32k if I buy it today, I think I'll pull the trigger.

Looks like it was originally owned by a rental company for a year, that is when the accident took place.
Carfax does not say if it was a minor or major accident but lists is as:
- Damage to front
- Functional damage reported
- Airbags did not deploy

xwesx · December 2021

magnumek said:
Thank you so much for the detailed reply! The guy agreed to sell it for $32k if I buy it today, I think I'll pull the trigger.

Looks like it was originally owned by a rental company for a year, that is when the accident took place.
Carfax does not say if it was a minor or major accident but lists is as:
- Damage to front
- Functional damage reported
- Airbags did not deploy

"Functional damage" means it interfered with the ability of the car to operate at the time of the collision. That could be a bent wheel or a punctured radiator or something even more significant; hard to say. As Q noted, though, you'd be very well served on this one to get a PPI before making a final decision.

jmonroe1 · December 2021

As a result of the bad engine in Son #1’s 2016 Kia van with 110K miles (just out of warranty) he has decided to buy a 2010 Infinity EX 35 with the 3.6 V6 engine.

The car is at a Jeep dealer in Niagara Falls and they want $14,750 for it. He’s having it inspected by a company that does this and he’s waiting for their report as I write this. This is all I know about it other than the price:

(1) By the time they deliver it to his house (of course it will be driven by a retired guy. They never hire hot rodding kids) it will have a tick under 39K miles. This will cost him 200 bucks.

(2) One owner car with EXTENSIVE service documents. The car was only serviced at the selling Infinity dealer and some oil changes (full synthetic) only had 2K miles at 5 months.

(3) Clean Car Fax

(4) No dents and only a few small scratches (he saw about 25 pics). The salesman thinks other than a scratch on the lower right of the rear bumper all of the scratches can be buffed out.

(5) Charcoal Gray over Black

(6) The dealer will do all required fluid changes and my Son insisted on a full synthetic oil change even though the oil only has 2,400 miles on it but it was last changed about 7 months ago.

A local dealer has almost the same car but a 2011 with 93K miles on it and they want $18,700 for it. Based on that and a few others he saw on line he thinks it’s a pretty good deal.

What do you think?

FWIW, even if Kia will do all or some “goodwill” repair he’s still going to get rid of the van since he no longer needs a beast that size. This is the perfect excuse for him to get rid of the van since he never liked vans to begin with.

Thanks.

jmonroe

explorerx4 · December 2021

(1) By the time they deliver it to his house (of course it will be driven by a retired guy. They never hire hot rodding kids OR OLDFARMER50) it will have a tick under 39K miles. This will cost him 200 bucks.

stickguy · December 2021

those are nice cars. Lousy MPG but quick and comfy. And that certainly sounds like a nice one. Pricing these days, just close your eyes on that.

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