Real-World Trade-In Values

zueslewis · January 2003

You'll easily make an additional $1000-1500 by selling it yourself and any sales tax advantages aren't much to speak of - here in PA, getting $2,000 for a trade saves you $120.

rroyce10 · January 2003

.... $24,800 is a little on the stiff side, but your getting no help with all the miles and it's a 2WD .. but, it's a great color anywhere ..

         There doing around the mid $20ish, Low $21ish figure at the block .. US Bank will negotiate, I have dealt with them on many occasions .. just make sure your speaking with a Reg/Dist Mgr, the rest don't have any horsepower for a decision -- perhaps they will do $22/$23 ..

          I hope this helps ....

              Terry.

rroyce10 · January 2003

.... Ooooh, a real deal vehicle being traded at a Honda store ..?

      I can just see them now -- "Hey, what the heck is that" ... making calls, pages spinning in their black books, is that a LS or an LT, Hey Mr, does it have leather ..? .l.o.l...

      I don't feel you will see $27, but you better be seeing $26 - the miles are right, the color is right, it's a 4x4, it's an LT ~ that's a real deal vehicle .. also there is dealers that are discounting the Honda's, you should see $500/$700 off sticker .. some of the guys here already can connect you to some dealers ..

        Hey, good luck - your gonna miss that Tahoe ..

           Terry :-)

thel · January 2003

if it fit in the garage! LOL Wife's getting tired of freezing her tail off on those leather seats with morning temps around 10 degrees here lately.

visionxp · January 2003

i've been thinking of getting a 2nd car for some time now and the SC sounds like a nice car.

so terry ... how much do the 94s go for at the auctions? i'm thinking of a nice one with all the goodies with ~100k.

scrim67 · January 2003

what could I expect for a real world trade in for a '98 lexus gs 300 with navigation.

color is silver
mileage is 92,000

no HID or heated seats

car is in "good" condition

thanks in advance for any real world feedback

bretfraz · January 2003

Where's the car located?
What do you mean by "good"? Being more descriptive allows for a more accurate estimate from Terry.

rroyce10 · January 2003

...... Let's say it's a reeeal nice one, lot's and lot's of service records, strong history of personal care, tires are barking New .. looks and drives like a 99 with 35k ..

If it's all there, then it will do the Tall $7's, low $8's .. probably you can find one for under $10,900 on the retail side ..

Terry.

isellhondas · January 2003

Your Honda dealer will cringe when mwaddo pulls his Grand Caravan onto their lot.

That high mileage Caravan is a car that nobody wants. The Chrysler dealers won't bid on it and the wholesalers will turn away.

Last month, we ended up taking six domestic mini-vans to the auction. As smart as we think we are, we lost over a thousand dollars on every one of them.

Take the advise you've been given and sell it yourself. Your Honda dealer simply doesn't want it and neither does anybody else.

Hope that didn't sound too snooty...just reality.

ralpi · January 2003

This is after the fact, but I am picking a '94 T-Bird for my son in HS. 112k miles, V-8, all power, moonroof, (no leather) excellent condition in/out. I know the man selling it (work associate), he takes care of his cars (Vette for summer, etc...). Price:$2200. Is this reasonable?
If it lasts for 2-3 years without a new tranny or equivalent I think we will get our money's worth.

scrim67 · January 2003

I decided overall it's good condition because can any 1998 with almost 100k miles on it be considered "excellent"?

lexus gs 300 is in good condition. There is one repaired rock chip in windshield that left a small pit about the size of a very small pea. Two small "notches" in lower back bumper where previous owner must have backed into another vehicle's license plate. (I received estimate of $225 to fix)

Besides that, the car is in great condition. Paint is perfect and glossy. Car runs smooth. I've been averaging 22 mpg.

Nav is updated as of 9/2002

car is in central NJ

scrim67 · January 2003

I may be going to the auction in Manheim, PA with a dealer soon.

What would be a decent price to pay at auction for a 1999 RX 300 fully loaded with medium-high mileage?

How about the same for a rx 300 2001 with navigation?

thanks in advance.

scrim

drivinisfun · January 2003

How are used Impala LS doing in the South Florida used car market?

I just put an ad in the local paper for my '01 Impala LS with 19K miles on the clock for $15,9K.

The car is Sandrift Metallic, loaded, Cruise, ABS, CD player, power everything, 3800 V6, Cold A/C, auto, etc.

Have I priced my ride too high or too low?

Thanks for your feedback, as always!

Drivin'

zueslewis · January 2003

retail (on the lot) at $14,995-$15,995. You're right in the hunt, but a buyer could pull one at a Chevy dealer for around $13,500-$14,000.

Not trying to jump in before Terry, but I was just talking with a Chevy dealer buddy yesterday.

drivinisfun · January 2003

Thanks for you input. Sounds about right, although I have seen used '01 Impala LS advertaised here locally (Not many of them BTW) with way more mileage (Around 4K to 15K miles more than my car) with asking prices in the $16.5K to $19.8K spectrum.

Even Carmax is asking high $17K's for '01 Impala LS sedans, again with more mileage.

Am I wrong here?

zueslewis · January 2003

NADA retail - $16,925 with mileage add and CD - you didn't say if you had a roof or leather. I would - put a $17,995 number on it, and reference what you've seen them go for at local dealers.

Impress on your potential buyers the condition it's in, the maintenance, etc. Good luck.

vikd · January 2003

Any good deals right now for a couple year old luxo or luxo/sport sedan? Looking at spending around 15 to 20k on something that may have deprec. more than most but is still a good veh. Perhaps a "top five" would be easier to list.

Thanks for the help... Vikd.

zueslewis · January 2003

Chrysler LHS, 1999-2000 Cadillac SLS/STS, 1998-1999 M-B E Class (320, not 430).

I'm looking for the same type of vehicle right now, purchasing within 30 days or so.

tuss · January 2003

Hi terry. QUick question about a bmw 325i. automatic. 2001, 25,000 miles. reflex silver/with leather. Premium package. No dings or accidents, but a "swirl" mark the diameter of a baseball from a bad carwash---otherwise, perfect. oh yeah, 4 door. How much you think I can sell it for? I'm the original owner.

rroyce10 · January 2003

..... Doesn't sound like a bad driver, it's got the V8, slider all the nice toys .. 112k is not really that bad, should see 150k+ if it was cared for and the care keeps on coming ..

       $2,200 is a fair price .. but $1,9/$2,0ish seems about right ..

           Good luck and enjoy ..

              Terry.

rroyce10 · January 2003

... Ok, a lot of info is alot better than a little .. what color is this dude ..? (maybe I missed it) .. ooop's, I see it now, it's silver, so it's the right color.

      It's a 98, it has 92 klicks, upgrade Nav, it's got a little kiss here, a little kiss there, the interior doesn't look like a soccer team was in there, but all and all it's a pretty nice ride ... right .?

      If the service is all there and the rubber is staring at another 20k+ miles, then trade side, you should be seeing the high $13's, might see the low low $14's, being a yankee boy, the no heat in the seats might hold it back .. this is probably not a bad ride for Retail RD, a ultra detail, the right service, make it look "day glo" and drop it in the paper for $16,900 and cut it from the herd for $15,5/$16,5 ..

          I hope this helps ...

              Terry.

rroyce10 · January 2003

..... So it's off to the auction huh ..? - I'm sure your friend is aware that security is ultra high .. I was at Manheim last week.

       I'm guessing your looking for a
4WD .....?

       The 99's .. 4WD's, all the stuff standing tall and miles in the high 30's are doing the high $21's, some will kick over $22 .. the 01's, with miles in the 20's are rolling around in the $28ish figure, the higher the miles, the lower the price ..

           Terry.

rroyce10 · January 2003

... It's the Right color, it has the right motor and the right miles -- as long as there is no kisses, no chicken bones or potato salad in the back seat from Publics, no-paint work .. on the trade side, you might be seeing the ultra low $13's ..

I like your price of $15,9, that's smart ~ it's much easier to sell a vehicle that has the "right" price than too fall into the "market soup" with everyone else, that has to negotiate to your price .. I'm thinkin' $15,2/$15,7 drop kicks that puppy to a new home ..

Terry.

rroyce10 · January 2003

..... $15 to $20 .. well lets see ..

       Zue has some good idea's, the 300M is a great buy right now, super clean low mile 99/2000 DeVilles, 99 Sevilles, 00/01 Catera's for under $16 .. 00 Lincoln LS's with ALL the stuff (sport pack, V8, slider, heated bun warmers, etc) are a great buy for way under $20 .. 99/00 Acura TL's for way under $20, 99 Lexus ES300 for under $20 ---

      I could on and on, it's easier to tell me what you like and I can tell you what will work ....

             Terry.

rroyce10 · January 2003

..... I guess I don't have to tell ya .. spend the $100 on a great detail, I have a feeling the swirl will buff out, miles are ok ..

       A great ad, all the service records on the front seat -- trade side, you might see $24ish on a trade .. so on the retail side, $27,9 in the paper and let it go to the cute girl with the halter top for $26,5/$27,5 ..

             Let me know ....

               Terry :-)

bretfraz · January 2003

Another one for ya:

1999 Infiniti I30 "Limited" (the snazzy trim package)
*68K miles
*white & gold 2 tone paint
*new tires
*sunroof, Bose CD changer, leather, all the usual goodies
*terrific condition - looks like new
*in Texas

What say you, wholesale and retail. He's getting numbers from the low $14's on a trade to high $16's for a retail sale.

drivinisfun · January 2003

Again, thank you so much for your feedback. I have the car advertaised in 2 places now, so hopefully someone will 'bite' within the next few weeks.

Have a great weekend.

Drivin'

uga91 · January 2003

Just interested in the possible trade in value of a 1999 Saturn SL2 with 55k mi and manual transmission. Body is in great shape (I guess due to the plastic-type panels) and the interior is okay. Looks like a 4 year old car, but no rips in the seats or big stains or anything. Never been wrecked, tires have about 7000 miles on them, clean title and all that good stuff. Also, would I do better at a Saturn dealer? Considering the VUE and the CR-V. Like the Honda better, but had good experiences with the Saturn store; and I have a good current history with GMAC, so maybe I have a good shot at a better APR with the Saturn? I guess that is for another board, though. Thanks in advance.

thel · January 2003

I went in to look at a new CR-V EX yesterday. Problems were as follows:

1. The new CR-V was apparantly used for a bit of a weekend joyride by the owner to the tune of nearly 800 miles! I have a real problem paying the same price for a new car with 800 miles as I could buy a new one for with say 10 miles.

2. They are hem-hawing (regional term prolly) about my trade. First we looked at the NADA book, then the Black Book, then the manager tells me my trade (a 2001 Tahoe LT if you don't recall) is not selling well at the auction. The salesman (from whom I've bought a couple of Hondas in the past 3 years, and I get all of my service done at this store, even non-Hondas) is supposed to get back to me today about my trade.

This is so friggin' complicated. Buying cars is driving my nuts! OK rant over. Terry, got any advise?

rroyce10 · January 2003

..... Now there is a quality description .. thanks.!

          Ok, it's a 99, we got a handshaker flopping around, we got 55k, it's a SL2 .. and it's nice, but kinda average across the board ..

         Saturns are running through the auctions faster than Super Bowl tickets, there is just a ton of em' out there .. miles are stiff for the year and we have no A u t o .. ouch.!

         I don't think you will see much more than $3/$3,500 on the trade side .. Me personally, I would be checking out the Honda's - Vue's are going no where in a big fat hurry .. or, a nice clean pre-owned Rav4, Honda, etc - right now, money is cheap and most credit unions will spring 4.5/5.5% on a 00 or a 01 ..

         I hope this helps ....

            Terry.

rroyce10 · January 2003

...... ..l.o.l.... another Import dealer that has no idea what a domestic is worth ..

        There is no hem hawing around .. if they are nice, clean and low in miles (like yours, I hope) .. then I have seen them hit as high as $27 and some change as of yesterday .. that's why I hit this puppy at $26 to give everyone some room.

        Kinda remember, dealerships are like aquariums, they are always looking out at the world, not seeing the whole picture .. especially some of the import dealers, they have know idea what a this or a that is worth sometimes .. I must get 10/15 calls a week - Hey Terry, whats a 00 Suburban 4x4 LT worth with 20k -and- are you a player for it ... Aaaaah Yep.!

         You may hafta shop around a little .. when you stare at little cars all day, the big ones sometimes scare them, plus most of these guys don't like auctions, they feel nice and comfortable in their offices .. get em' at a big auction and you have to start pumping valium in em' .l.o.l....

            Hey, keep me up on this one ...

                 Terry.

vikd · January 2003

The Lincoln LS is an intriguing choice; rented a V8 Sport with all the goodies plus NAV for a week about three months back...blast to drive! The TL is also interesting; would a TL-S fall in the price range? I like your idea Zues on the MB E class; any thoughts on either an Audi 4 or 6?

Terry-- to more specifically answer your question; not too fond of Chryslers or a larger car like the Caddy (though I would agree both are nice veh) but more interested in something like an LS or possibly something from Acura/Infin/Lex/Audi. I guess something leaning more towards the luxo/sport side of the spectrum. Hope this is enough info..

Thanks again Gents...great info here!

Vikd

thel · January 2003

I guess I just need a reminder that I'm not competely off the reservation.

Any info on buying the new with 800 miles on it? Shouldn't I just hold out for a truly new one?

uga91 · January 2003

Thanks for the input!

worcester1 · January 2003

Hello All -

I'm interested in the value of a 2003 Accord EX-V6 sedan. The car is Silver with black leather, 7700 miles, excellent condition (it should be). The car is my wife's and she is getting a company car. I prefer a stick so I'm considering getting rid of this car and my '96 Civic to get something a bit more fun ...

Thanks!

stever · January 2003

1997 Subaru Outback Limited Wagon. Definite cream puff w/ no dings. 34,000 miles (yep, no typo).

Leather seats, wheels and shift knob, heated bun warmers, red w/ the gold pack, auto, factory alarm system, hot mirrors, keyless entry & power antenna & weather/AM/FM/cassette & 4 extra mounted studs.

TMV range is around $12,600 dealer/outstanding.

Many thanks for your insight!

Steve, Host

visionxp · January 2003

I decided to go with the Lexus and actually i am now looking to buy 2 cars since the Lex will cost more than i expected ... but 1st i gotta sell my BMW 325is '93 that i bought not long ago(5-6 months).

i already know what to expect out of it so i'll go on and ask you about the 2nd car i want which is a '94 BMW 318is ... i know it's a lot less car than the 325 but mine will require some serious work in the near future and since i dont want to end my BMW experience i decided to go lower ... to a 318.

this is what i am looking for at this time:

'94 318is , 2dr coupe, 5sp manual, leather and all the goodies with around 100k miles in good condition and with SOME service records and if possible i want it to be black :-)
i live in NoCali, Sacramento.
i am interested in both retail/auction prices.

rroyce10 · January 2003

.... Definatly the Right color combo, it's an "L" .. it has all the nice stuff, Bose, slider - but those miles gotta be killing him .. I just can't see a dealer putting in much more than $10ish in it .. now if he goes down the road to Retailville, then $13,9 and off it goes for $12/$13,0 .. clean 20k ones are barely pressing the $12's at the auctions ..

Terry.

rroyce10 · January 2003

... Hi Steve -- whooo, 34k .. it's a Legacy Limited, it's a AWD, it's the right color, it's a AWD, it has leather and heated seats, it's a AWD and noooo klicks ...

       These Subaru's do big money right now .. it will hang at least the ultra low to mid $9's at the block .. might not see $12,6 on the retail side, but will do all of "Oceans 11" ..

            Let me know what happens ...

                 Terry.

stever · January 2003

She's proud of it, but I can dream :-) I first saw the car when it was a week old and know its history. I'll let you know....

Steve, Host

bored · January 2003

Now, this one is a crazy one, but...

In April of 2001, my mom traded her 1993 Plymouth Duster to the dealer. They only gave her $150 for it. Do you think that was right? Here's the specs:

2.5L Engine
A/C
Fog Lamps
Automatic Transmission
Alloy Wheels
Power Steering, brakes

125,000 ish thousand miles. New timing belt.

Here's the problems:

The rear taillamp was busted from an accident, and there was a crease in the rear left panel by the taillamp. The bumper was still there, but in need of a new cover. It was garaged, had glossy paint, and NO dents. Basically babied. Just that body damage. It ran great, but in need of a starter, I'm guessing.

What do you think? Was she ripped off? (I think so.) Other dealers were offering $1,000+

rroyce10 · January 2003

..... With it having 800 miles on it, I would want another $400 off, the actual sale price ..

Terry.

rroyce10 · January 2003

........ 93 ...............???

Terry.

rroyce10 · January 2003

...... In my stupid, humble opinion the LS is the best Bang for the buck .. this would have the sport pack, post
April 00 build date (6 pack cd in dash, instead of the cd clogging up the glove box) .. auto, bun warmers, 17's, slider, V8, select shift, it was just at $40,000 new .. you should be able to grab a super nice one of these for under $19 with 20kish and take advantage of the 48mo/50,000 warranty .. the Acura's are great vehicles, the "S's" are 02's, so they will still do the $25ish figure .. and the 00 Audi A4's with the 1.8T Quattro's should be had for $19 or less ..

So, you have lot's of pics for the dollar and it's cheap money at the credit unions and such, most will finance a 00 for 4.5/5.5% for 60 months if needed ...

Terry.

rroyce10 · January 2003

..... It's a 03, it's a EX V6, so I'm sure it has all the stuff, it's the right color combo .. 7,700 miles is a little tall for an 03 ~ as long as it's clean, no kisses, no Popeyes chicken hanging out in the seats, then trade side, you should be seeing around that $21ish figure ...

I hope this helps ...

Terry.

ribbonking · January 2003

Terry:

Check me on this one, please. I'm in SoCal and a local dealer has a 2002 Maxima GLE he wants to move. Apparently its an unwind. Car has 400 miles, original sticker was $28,617. They offered to sell it for $21,116. Car is dark blue with grey interior. They told me first it was a demo and would qualify for Nissan's 2.9% 60 month financing. When I was ready to sign, it sudddenly had to be bank financed at 5.25%. I looked the car over and drove it - no problems I could see. What do you think about the price on this car? The last minute financing trickery made me stop. I appreciate your help. Apparently this dealership has new owners and they claim to have inherited 15 of these 2002 Maximas - some new, some demos and some unwinds. This is the only one equiped the way I wanted it.

Thanks.

thel · January 2003

The deal they wanted was $22,160 ($700 off MSRP) for the CR-V and they would give me, get this, $24,500 for my Tahoe. The owner even came over to assure me that they were doing all they could to make the deal. Needless to say, I walked.

I'll either try some other Honda places in St. Louis or just keep the Tahoe.

tboner · January 2003

I put a space heater in the floorboard of my Buick and have it on a timer in the house rated at 20A (more than enough for a 1200W heater.) You do have to keep the car clean so you don't set paper bits on the floor on fire, LOL.

I think you could do this with the wife's Tahoe for under $50 if she really likes the vehicle.

My Buick is usually a toasty 90 when I get into it. (Or at least it feels that warm compared to the outside.) I don't have to clear off snow other than really big ones from the hood, roof and trunk.

Seems like you and I are probably within 100 miles of each other, as I'm just 20 mi E of St. Louis.

TB

dweller1 · January 2003

sell my 1997 convertible mustang v6, dark red , auto, new tires, 74,000 miles,in central Ga. overall condition between average and good. paint is glossy with a couple of parking lot kisses. can you tell me a price to put in the paper and what i should actually accept for it. Also , i'm looking at buying a 1996 2- door tahoe LT, 2 WD, auto,gas,350,leather , tires have about 10-15 k of life left, 103,000 miles. a couple of dings, not too bad on the dings, overall condition is slightly better than the mustang i want to sell.color is light brown metallic. The truck is owned by a reliable guy who does good weekend mechanic and transmission work, so im pretty sure the truck is very dependable. If you could give me a purchase price on this one also i would appreciate it........dweller

rroyce10 · January 2003

..... This all depends .. if the convert top is fine, no rips, limited fade, no creases that are about to say goodbye, and it looks and travels like a 00 top - other than that, it sounds like a $5,900 vehicle and a Cash buyer should take it home for $4,5/$5,5 --

The Tahoe is a 2wd, with 2drs .. the 2 drs don't help it much and of course we are lookin' at 100k, but all in all, a fair price would be $6,9/$7,5 and the ultra high $5's, low $6's should make both happy ..

Terry.

Real-World Trade-In Values

Comments

Helpful Tools

Most popular vehicles