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Comments

  • im_brentwoodim_brentwood Member Posts: 4,883
    00 9-5 Aero Wagon
    Street Walker Red Exterior/Gray Leather Interior


    ROFL!!!

    $27K? Umm.. suuure.

    $20K or so at the auction plus fees, transport, recon.. $23-24K ought to buy it all day long.

    BTW.. Damned nice machine and quite scarce.
  • im_brentwoodim_brentwood Member Posts: 4,883
    Actually not a bad price because it has like NO Miles.

    Figure that's a $9500+ car out at the sale.. once it's run through the shop cleaned..etc.. $11500 is a fair price. If it was yours I would say take no less than that.
  • im_brentwoodim_brentwood Member Posts: 4,883
    Hmm.. miles are good for a 96, I'll assume it's clean and you havent dropped it off of any cliffs or into the Grand Canyon before.

    Color is no help, cloth is as helpful as a Jackhammer at a Faberge Egg factory.

    I'm afraid $2,500is about the money IMO. Maybe upper $2s on a push.

    So ask $4,900/bo and grab $4200 or better in the paper.
  • steine13steine13 Member Posts: 2,825
    Ray,

    I don't know what the Knowledgeable Ones are gonna tell you on this car's market value, and I don't care. You shouldn't either.

    A Corolla LE with similar equipment, 3 miles on the clock, and a warranty from here until the start of the first Schwarzenegger administration can be had for $14 and change.

    I personally wouldn't pay more than $9,5 for that Civic, but I'm sure someone will do $11.

    Just 'cuz the market on Hondas is nuts don't mean you have to be.

    Sure, the miles are low, but you've got Snow and Salt in PA, them's 4-letter-words.

    Ya wanna save money? Here in MI we have '00 and '01 Prizms with automatic and 30k miles going begging at $6...
    -M
  • 18fan18fan Member Posts: 129
    Bill--
    Thanks for the quick response.

    Mathias--
    I hear ya about the market on Hondas..... but on the other side of the coin, it will be worth more when she goes to trade it in. Whatever we end up with, will spend most of its life (at least over the next 2 yrs) in the NE Ohio area. (I know... a lot of snow there, too!) I'm looking for something that will last her through the rest of college & then through med school.
  • grogman1grogman1 Member Posts: 76
    Bill/Terry:
    Your thoughts are appreciated. SLT 4X4, autoride, trailer Package, polished alum. wheels, running boards, second row captain's chairs, single CD + casette + AM/FM, rear audio controls(no moonroof). Dark Blue with Pewter Int. Very, very clean in/out. 28K miles - Located in southwest Ohio.

    Auction & Retail road prices please. Thanks !
  • grogman1grogman1 Member Posts: 76
    Bill/Terry:
    Your thoughts are appreciated. SLT 4X4, autoride, trailer Package, polished alum. wheels, running boards, second row captain's chairs, single CD + casette + AM/FM, rear audio controls(no moonroof). Dark Blue with Pewter Int. Very, very clean in/out. 28K miles - Located in southwest Ohio.

    Auction & Retail road prices please. Thanks !
  • chile96chile96 Member Posts: 330
    I posted this earlier but believe it got overlooked in the myridad of requests:

    Hey Terry - thanks for the info on that Boxster on Ebay few days ago. Anyway, you mentioned that it was a CA298. I saw where you got that from the VIN and was wondering if that means it was put in-service in CA in Feb '98 or am I reading way into VIN's? The ebay site says in service date of 6/03(must be misprint 6/02). Also, if blue is a deduct then I'm in luck because my first choice is blue w/ light gray leather interior! For once God is smiling on me - whispering for me to drive a Boxster!!! lol

    If that is true about the VIN, is it true for all vehicles and is there anything else I can tell just by looking at the VIN?

    Thanks a ton
    fo
  • aggie1995aggie1995 Member Posts: 318
    College and Med School, wow at least 8 years of use then.

    What about a 2000 or 2001 Camry with the I4. This may not be as exciting as a Civic but the extra space will serve her better especially for such a long time frame. And Camry 4-cyl are generally bullet-proof. The mileage should be about the same.
  • aditisnaditisn Member Posts: 2
    Just got a 4300-4800$ price range from the Honda dealer here in an email, I think I should go with that. Hopefully the Nissan dealer also gives me the same deal, I like the Maxima better.

    Thanks
  • steine13steine13 Member Posts: 2,825
    I don't know why I get so uptight about this stuff...

     If an investment of $3k buys you 4 model years of car on top of 15,000 miles, isn't the answer obvious?

    Look at it 4 years down the road: Which would you rather have, an '03 that's under powertrain warranty and looks one generation old -- or a '99 that's now eight years old and looks it? Don't you think the difference in value will be more than $3k? Cost-of-money is low; insurance is almost the same; where is the value in a $11+ '99 Civic???

    Now you want to save up-front money, that's a different story. Plenty of good cars to be had around $5k; the aforementioned Prizms for our foreign-car friends, or for those of us into something a little porkier -- howze about a '99 Lumina? Ugly as sin, that good Delco AC, decent drivetrain, $4,500 and she's an owner... drive carefully and forego the collision, there's $800/yr saved...

    I live in a College town, and the sums asked and paid for 3-4yr-old Hondas/Toyotas boggle my mind.

    Opinionatedly yours,
    -Mathias
  • akanglakangl Member Posts: 3,282
    Nearly a week has gone by on the Corolla. Have had one offer....and I about peed my pants laughing......and 3 people have looked at the car.

    Lets see, the first one was a banker looking for a car for his daughter, he liked it and everything, but never called back after he looked at it.

    Second guy is a bit on the strange side, looked at the car, hemmed and hawed, then said he had to think about it, keeps calling me to tell me he's *thinking* about it and wants to know if its still for sale.

    The third was a woman who's car was totalled over the winter, she drove the car and liked it, but of course wants to think about it, supposed to call me Friday.

    In between all these I got a call from a guy with a heavy accent who wanted to know about the car. He asked me what my price was and I said "sir, the price is listed in the ad" He says "well it says obo" "yes, it does, however I refuse to talk price until you see and drive the car" Him, "well, I make you offer right now, I pay $5000 for the car right now" Me, "um, sir the car books for over $9000, the price listed is what I want for the car" Him, "but it says obo and I pay $5000 for the car right now" Me, "the dealer will give me more, however if you would like to see the car I'd be happy to show it to you, however I'm not going to take $5000 for the car." *click* I just shook my head. I really thought it was one of my car buddies playing a prank, but after looking at the caller ID I don't think it was.

    If it doesn't sell before the next payment (july 1st) my ex is going to keep it.

    *shaking head* never again, now I know why I trade my vehicles.
  • robr2robr2 Member Posts: 8,805
    Thanks on the Saab. Again these things seem to come up at the worst time. Maybe I'll look at it one more time.

    Was the laughing based on the price or the color?
  • im_brentwoodim_brentwood Member Posts: 4,883
    Street Walker Red?

    I mean... is that like Pimp Gold or Bank Robber Blue
  • bluestar1bluestar1 Member Posts: 112
    Swear you'll not go MIA again ? Terry needs help and quickly too.... Way too much requests, not enough time or memory to answer them. Can't blame Terry for going on that Alaska cruise. Poor guy needs a break from us. Can we take a moratorium and let you answer ALL the questions from here on until Terry gets back from his much deserved cruise ???

    Oh, I forgot to ask a car question:

    What would you estimate my '01 Toy Sequoia SR5 2WD, silver, 42K miles, leather seats+trim, chrome wheels, deep in rubber (new Michelins with LC-size), dual air, a couple of dings on the rear bumper (wife loves to drive into stuff :) ) be worth ? In So Cal.

    Thanks, and welcome back !
  • akedmundsakedmunds Member Posts: 9
    Hi Terry,
             Some time ago, you put a $2.5K value on my Dark Blue auto 90K mi '95 Altima GXE in Oregon. It now has 94K miles, a small dent in the trunk lid (from backing into a hitch on a truck) and a noise coming from the timing chain area. The car still drives well. It had new tires not too long ago. However, I've been told the noise in the timing chain area is not easy to fix. The trunk damage is purely cosmetic - the trunk lid works perfectly and locks easily.

    What are my options at this point? I imagine the tradein value is less than $2.5K, but how much less? Would I get more putting it in the paper (even though likely buyers will be worried about the sound)?

    Another option I thought of is to sell it to someone for its parts, but how would one go about doing this?

    Finally, I could donate it to some charitable organization who could fix it up. Any come to mind? What value do they assign the car?

    Lots of questions. What do you think?
  • rroyce10rroyce10 Member Posts: 9,332
    ...... Um, aaaah, whooo...? Brent what ? .. .. Bill who ...? -- am I seeing things ..? am I having a flashback from the 70's from eating those funny little colored papers ..?

               Look what the cat drug in ... ~ Bill.

            What happened to you ..? they close every bar between here and Portland Maine ..? get thrown out of Baghdad, get your forehead Super Glued to a condom machine ..?

                Welcome back for the 15th time .. gheeez.! maybe this time, you will stick around til' the baby get's born .. !

                           Terry :-))
  • rroyce10rroyce10 Member Posts: 9,332
    ..... What ..? you will pull the trigger at $33,0 ..?

             I guess you would ..!

          Considering I pay $37,0 for them .. $33,0 ..? have at it, if you can find one for that, call me, I'll strike you a reader for $36 ...

                           Terry.
  • rroyce10rroyce10 Member Posts: 9,332
  • jlawrence01jlawrence01 Member Posts: 1,757
    In general, I do NOT recommend that people donate their vehicles for several reasons.

    1) If you contribute the car, you can deduct the MARKET value of the car on your taxes but ONLY if you itemize your deductions. I have seen a number of people who get NO benefit drom the donation.

    2) The tax benefit is generally only 25% for most people and about 37% at the highest marginal tax rate plus the state rate. If your car is worth $2500, you are talking about a benefit of approximately $625. I bet that you will sell the car in ten minutes for $1,000.

    3) Car donations are perceived as an "area of abuse" that will receive "increased scrutiny" by the Internal Revenue Service. I have seen this in tax practitioner newsletters out of the Cincinnati and Chicago offices. I am not saying that you WILL be audited, just that you are facing a greater possibility of being audited. $625 in tax benefits are not worth that experience.

    I am not a car person but I am a licensed CPA in both the states of Ohio and Illinois.
  • qbrozenqbrozen Member Posts: 33,736
    Everybody's situation is different. My father donated one a couple of years ago that had a blown engine. You couldn't get $5 for the thing, probably. A friend of his works for the fire company and asked that he donate it to them for rescue and fire drills. He was able to write off the book value (I think around $3K-$4K). So, in that instance, it definitely paid off.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • jlawrence01jlawrence01 Member Posts: 1,757
    The tax code is very clear that you get to declare the MARKET VALUE of the vehicle, not the book value. If he gets audited, there is a good possibility that the deduction will be disallowed as that vehicle, by your own admission was not worth $3-4k.
  • qbrozenqbrozen Member Posts: 33,736
    they wouldn't know the engine was blown. the fire company didnt' care because they weren't driving it.

    Just like in the case above. If he was only going to get a fraction of the value (whether it be market or book) because of the mysterious noise, then he can donate it and claim the value as if it was perfect. Unless the donation letter states "car had a funny noise and cost $xxx to fix" than nobody at the IRS will know.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • mcscully731mcscully731 Member Posts: 11
    Hi all --

    I'm looking to trade my 1996 Toyota Tercel (base model) in for a 2004 Subaru Forester XT. Any input on trade-in value would be greatly appreciated!

    Tranny: Automatic
    Mileage: 55,162
    2 doors
    Color: Sierra Green (outside), gray (inside)
    Windshield does have a dink in it, exterior paint/finish is in good shape overall...the interior is in very good shape.

    This car is very much a base model..no power windows, door locks, nothing! Does have air though! Yay!

    The car did not come with a clock...but I put one in (from the manufacturer) myself.

    I did remove the original radio/tape player and installed a Pioneer CD audio system with 4 speakers. I doubt this would help matters much, but thought I'd add it, just in case!

    Tires are about a year old. I have kept up with all routine maintenance.

    I live about 2 hours south of Chicago in the happy cornfields of IL!

    --Dawn
  • jlawrence01jlawrence01 Member Posts: 1,757
    Car #3 for sale:

    1998 Infiniti Q45 Touring Package

    • 8 cyl 4.1 L Engine
    • Air Conditioning
    • Alarm System
    • Aluminum/Alloy Wheels
    • AM/FM/Cassette/CD Audio System
    • Antilock Brakes
    • Automatic 4-Speed Transmission
    • Bose Audio System
    • Bucket Seats • Center Console
    • Automatic Climate Control
    • Compact Disc Changer
    • Cruise Control • Dual Front Airbag Restraints
    • Fog Lights • Heated Front Seats
    • Power Heated Mirrors • Intermittent Wipers
    • Keyless Entry System • Leather Seats
    • Leather Steering Wheel • Lighted Entry System
    • Limited Slip Differential • Power Antenna
    • Power Brakes • Power Door Locks
    • Power Driver Seat • Power Passenger Seat
    • Power Steering • Power Sunroof
    • Power Windows • Rear Spoiler
    • Rear Window Defroster • Remote Trunk Release
    • Front Side Airbag Restraints
    • Sport Suspension
    • Steering Wheel Radio Controls • Tachometer
    • Tilt and Telescopic Steering Wheel
    • Tinted Glass
    • Traction Control System

    The car is a light brown. The car is in squeeky clean condition and well maintained. Tires are in OK condition. And unbelievably, all of the gadgets actually work.

    The car is located in the Chicagoland area.

    Well, Terry whaddya think?

    I will have to admit that this was the first luxury car that I have ever driven. I don't want to drive it again, though. I am not seeking any close encounters with local constabulary.(g)

    Five or six more to go ...
  • clpurnellclpurnell Member Posts: 1,083
    Terry will need the MILES I am afraid.
  • jlawrence01jlawrence01 Member Posts: 1,757
    Good catch ... I missed that 78000.
  • dkuhajdadkuhajda Member Posts: 487
    Lets look at what you have. An eight year old basic transportation 2 door. Things in your favor, deep in rubber, clean, relatively low miles for the age, automatic, and air, and it is a Toyota. Things not in your favor, windshield ding, 2 door, aftermarket stereo (unless it works and looks like a real professional installation that fits as good as factory), and it was Toyota's competition to the Geo Metro, Hyundai Accent.

    Thinking trade side $2000 plus or minus. A dealer will have to replace the windshield if the ding cannot be properly filled in.

    Retail asking side $3999, out the door around $3000. I think you would do much better selling it out yourself. Get the ding in the windshield filled in, $35. Good detail and wax job, $100. All maintenance up to date? Have maintenance records on the seat.

    If you really want to trade it in, do NOT even mention the trade until you reach an agreeable price on the new car. Then get ACV on your trade. I am sure you could easily sell it for several hundred dollars more the same day to some relative or friend.
  • spatulamanspatulaman Member Posts: 157
    My boss might be selling her 1988 560SL, its red, 79k miles, red paint is oxidized, but I think it can be brought back to life with the appropriate compounds, interior is in good condition, it also has the removable hardtop. I'm thinking about buying it as an interim car, and would like to turn it around quickly when I decide to get rid of it, for a bit of profit. What's it worth?
  • sweetv12sweetv12 Member Posts: 58
    Whats your #? i'm in for a birddog plus delta if you hold firm at $36.5K on the A6...

    :-)
  • sweetv12sweetv12 Member Posts: 58
    Spatulaman, them cars do like wonders on the left coast...just saw one in PRISTINE condition with 67K miles go for $18K and i know the dealer hit it on trade at wholesale book (~$11K)...buyer probably overpaid as maybe the dealer's ask price of $22K (KBB Retail) was confusing...real money is probably in the $13-15K range but is geo-dependent...
  • rroyce10rroyce10 Member Posts: 9,332
    ... Just email me ..

                    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... I dunno about $11,5 on a 99 LX .. yep the miles are low, but at the Columbus auction they run 200/300 at a time every month, like Jail Bait, there all over the place .. $10,5/$10,9 would be all of it.

                      Terry :-)
  • rroyce10rroyce10 Member Posts: 9,332
    ... .. I hafta agree with that donations part, I have a real good friend that is the Reg Mgr out of Atlanta and it's on their top "5" Hit list for a "look see" .. you have to be reeeal careful cuz' it lights up the sky like a 120mm shell from an Abrams tank, just make sure everything else looks good, if you know what I mean .... ;-)

                        Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... I won't be leaving til' Aug, so we will see what happens with Bouncing Bill ...

                  01, SR5, right color .. 2wd, 40k, kinda clean except for the rear dents .. sounds like $23ish, "might" see $24 if it's like new ..

                           Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Probably still worth $2,0 on a trade .. it all depends on how it's presented, it's when it hits 100k that your life will change .l.o.l..

                     Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ... Good morning Dawn .. 55klicks ..? low in the miles dept and we have an auto .. if it's clean, cold air, no rust, no drive by's .. then trade side, in and "around" the $2,0/$2,5 figure, they might not like the 2dr. .. Great vehicle for Retail Rd, $4,900 in the paper and $3,5/$4,5 see's a new owner.

                   I hope this helps ...

                         Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Great description, thanks -- Ok a 98 Q45T, almost 80k, clean, color is kinda ho-hum .. if the service is all there, looks feels and drives like 25k .. trade side, in and around the mid to high $11's, "maybe" the low low low $12's if it needs -0- ..

            Now is the time to unload this dude, Rwd's don't sell well in the snow season up in Chi-town ... down the street take a hard right, travel another 200ft, then take another hard right, that will be Retail Rd .. $14,9 in the paper and say "See Ya" at $13,5/$14,5 .. miles are stiff and these don't sell especially well, the color is kinda bland, get what you can for this one and fight for the rest on the next one ...

                      Good luck ...

                           Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .... I'm going to go out on a limb on this one .. miles are Low ~ but I'm Not getting a "warm and fuzzy" on this one.

             "Usually" folks that have these, take care of them >red paint is oxidized< .. makes me think, is all the service there, air cold, these are Ultra Expensive to have worked on .. compressor work is $3grand and a [non-permissible content removed] to work on ~ just have it checked it out - Close.

                 -IF- all is well, she might be seeing the $11's on a trade .. "real money" on Retail RD is the $14/$15 range with it needing -0- .. and I mean -0-.

                         Terry.
  • rroyce10rroyce10 Member Posts: 9,332
  • HankrHankr Member Posts: 100
    Terry...

    In many of your comments, you mention color as (I presume) an important factor. Take two identical-condition-and-equipment samples of something average, say a 2001 Camry LE 4cyl Auto. One's color is "right", and one not. What might the dollar-differential be?

    Is color popularity in the used market the same as in the new market? Or are your observations more regional (ie dark colors not good in hot-weather areas)?

    You have also mentioned having maintenance records as a plus. I see that in private-party sales. But the few times I've traded (or tried to) instead of selling private-party, the dealers seemed un-interested in our maintenance records. Would that indicate they simply intend to auction it?
  • 18fan18fan Member Posts: 129
    Thanks for the help. I guess we'll keep looking......
  • rroyce10rroyce10 Member Posts: 9,332
    .... Your welcome ..!

                   Terry.
  • seank2seank2 Member Posts: 79
    Bill and Terry,

    Thank you for all your input on my 99 Audi A6, the miley one with 97,000 klicks. Since work must come before reading the posts here, I haven't been able to read for a few days, but I wanted to post again to thank you for your help.

    One more question, since you hit the car in the $10,0 range on a trade and $13,0 on Retail Rd., how much worse will that get if I wait a year or so and try to sell it then. I don't drive much, maybe 10K a year, so a year from now it will have around 110K. I was hoping to be closer to $15 now, but that looks very unlikely, so I may just be best keeping it for a year at least, or just run it till it dies, or something breaks. And on an Audi, that is always a distinct possibility!

    Thanks for all your help again! This is a great service you provide.
  • rroyce10rroyce10 Member Posts: 9,332
    .... Good questions ... !

             Let's say I have a white or a light gold one in Florida and I also have a Dark brown or black .. they white or light color will sell in 3/7 days, the darker color "might" take a month, plus I will own that black one for at least a ghee whiz less ..

             Up north, darker colors sell real well, black is a great color and sells fast, even the "left coasters" spend money on the darker colors, so in that area any "good" color sells well.

             Nowadays, with the New colors .. the Neptune Orange, the "Crazy Cobalt blues", that screamin' Saturn Yellow color is doing well (#1 selling color now on a Hummer2 is the yellow) .. now the question will be - how well will they do in 20/30 months when the "rage" dries up and folks are tired of them.!?!?

            Records become a "mute" point at dealerships .. but on the privates, they do and can make a difference, "shows" the pride of ownership, not a salesman "telling" you .. get my drift.

                          Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Can't say, that's like asking how many folks might get Monkey Pox ..? dunno ..!

                       Terry ;-)
  • mcscully731mcscully731 Member Posts: 11
    Thank you both so much for your advice on my 96 Tercel! I'm debating now whether to try to sell it myself or just trade it in...I'm leaning towards trading it in, just for the convenience factor...and for the fact that this is my first car and I do not have any experience selling a car privately. But you have given me something to think about!

    And David, I'm following your advice and having the dink in the windshield filled in on Monday!

    Thank you both again!

    Dawn
  • jlawrence01jlawrence01 Member Posts: 1,757
    Back to the contributions questions as I would like to make one more point.

    Let's say that I have a 2000 Grand Caravan and let's say that the market value is legitimately $12K and Father Flanagan tells me that he really needs a GC for his orphan's home. Maybe, I agree to give him the vehicle.

    What I would recommend that individual go to a legitimate car appraiser, or a gealership, or Carmax to get a true market valuation of the vehicle and document his/her opinion in writing.

    Then, I would have Fr. Flanagan send me a receipt describing the vehicle INCLUDING CONDITION. That way, when the IRS agent comes after you, because they are looking at areas of abuse, you can PROVE the vehicle was worth what you claim.

    Just saying so does not satisfy the IRS.
  • robr2robr2 Member Posts: 8,805
    Street Walker Red would be a phrase my wife once coined for my 87 Daytona Shelby Z but she used the less family oriented W word.

    The red on the Saab was RED - I mean really RED!!
  • im_brentwoodim_brentwood Member Posts: 4,883
    Was it red? :D
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