Real-World Trade-In Values

scanty · September 2003

I have a potential purchase from a dealer:

2003 Nissan 350Z Touring
Chrome Silver over black cows
9,600 miles
slushbox - no handshaker

Touring package includes Bose, 6-disc, power seats, bun warmers, heated mirrors
Also has mats, flaps, and aero package
located in St. Louis, MO

What do you think?

rroyce10 · September 2003

..... Needs tires and stuff, miles almost at 40k, but it has all the nice options .. before the work, probably in and around the mid to high $6's .. do the work, probably the low $7's .. down Retail Rd, With the work, nice detail, great Ad for $9,9 asking and $8,5/$9,5 get's a new owner, the options saves this one .. by the way, Sears is having a big tire sale right now, 4 for $160 ..

Good luck ...!

Terry.

rroyce10 · September 2003

.... New demo ..? used ..?

Terry.

scanty · September 2003

zueslewis · September 2003

Bill's Shirley, and I'm Carmine Raguso...

lancerfixer · September 2003

This is for a buddy of mine...
'99 Passat GLS 1.8T w/Tip.
Standard GLS goodies (slider, alloys)
White w/ black cloth interior, factory CD changer...
Here's the kicker. 125k miles. In the shop right now getting new shocks, tires unknown. Located in Boston suburbs, Mass.

What can he expect, trade/curbing it?

Thanks.

tbuckley · September 2003

I'm new to this so i'm not sure this got posted but i'm looking for an idea of what I an expect to get on a trade in on my car. I hope someone can give me an idea of what I can realistically expect:

I have a 1999 Pontiac Sunfire SE Coupe. 2 Dr.
-It has about 46,000 miles on it. It's
- some minor chips in the paint -- caused by other car's doors!
--the carpet is worn near the pedals
- has been hit twice (not serious damage under $1500) fixed and you can't tell.
- Maintence current
- spoiler
- dark green
- CD Player
- No power anything

I am wondering what I can expect on a trade in on this car?

prodigalsun · September 2003

You gotta stop wearing those poodle skirts!

zueslewis · September 2003

with my cigarettes rolled up in my sleeve (t-shirt) - I'm just a walking fashion fau paux...

rivertown · September 2003

LOL!

zueslewis · September 2003

keep you folks entertained...

robr2 · September 2003

Sounds like the Fab Five need to plan a road trip to Philly!!

zueslewis · September 2003

mrwhipple311 · September 2003

In looking for a car for my daughter I ran across one I have no idea how to value. It is a 1986 Nissan Pulsar. Miles are under 32k. The body is excellent except for the black bumpers are faded. The interior would be a 9/10. Maintainance is in bad shape, no oil change or anything since being woken up from its 'nap'(assuming it must have been parked for an extended period. Anyway, the options are sunroof, warm air, cassette, no pw, pl, or alloys. I almost feel that miles that low on that old of a car is a negative. Let me know if more info is needed.
Thanks

fdefulvio · September 2003

I would avoid anything that old. The low miles either means it's not the true mileage, or that it has been sitting idle. I think that you will find it to be a maintenance nightmare. Everything rubber or plastic will suffer from dry rot, and anything metal is probably already rusting. Years ago, my father was given my grandfathers car after it had been sitting in front of the house for probably five years, and he had nothing but problems with it. I don't remember the Pulsar being much of a car when it was new. I wouldn't pay more than a couple of hundred dollars for a 17 year old one, regardless of the miles.

You can probably find a much newer Honda or Toyota with many, many more miles, which will be more reliable. Just my opinion.

rbr · September 2003

Greetings -- Car Man suggested I post here (thanks, Car Man).

We have a 2000 Land Cruiser that is coming off lease in January. We would like to keep this car for 2-3 more years (best car we have ever owned). End of lease buyout is $31,245 (plus tax). I have done my homework on Edmunds and came up with the following values (Currently 47,000 miles, clean condition, all maintenance, no problems):

Trade-in $29,926
Private party $32,851
Dealer Retail $35,899
Certified $36,749

I figure each of these will be about $1,000 less by the time I have to return the car in 3 months (except for the buyout price of course :>{).

My questions (hopefully which are a little different from the usual):

1. Reality check question: Toyota Financial Services (TFS), the lessor, has already stated they wont negotiate the buyout. Does the buyout price sound good to you folks, and which of the above values should I use? By the way, has anyone here ever been able to negotiate a lease buyout price from TFS lower than the value stated in the lease?
2. We would be willing to lease the car for 2-3 more years, or we could finance it, or we could buy it for cash. Is there a best choice, or at least a suggestion as to how to make the best choice?
3. As to a lease, TFS will only extend the lease for 6 months  is there any way I can make it worth the dealers time to get involved to try to extend the lease?
4. Can someone give me a rough guess as to how much additional depreciation I would have on the car over both 2 years and 3 years?

Apologies for the long post  thanks in advance!
Rich

akangl · September 2003

Before you send me to my room and yell at me for being around a car lot. I am NOT really looking to buy anything, but this truck caught my eye.

Thought you would get a kick out of the price, I did really until I booked it out. How far into outer space is this dealer?

1999 Ford F-350, crew cab, dually, 7.3L diesel with banks power pack, 4WD, lariat, 6-speed manual trans, tan/tan leather, new rubber, truck looks and smells new, its fully loaded, heated seats, power everything, really nice truck, has holes in the bed from a 5-th wheel hitch. Asking price is $22,995.

Oh yeah, it has 150,710 miles on it.

10 payments to go on the Explorer.....then its time to buy a house.

Mr_Shiftright · September 2003

No really, I do.

He collared me the other day and asked me to take a guess on trade in and retail value on his Subaru.

Here's the scoop:

1998 Subaru Legacy Outback Wagon
Dark Green
Usual equipment

93,000 miles

Many dog hairs

scratch in hood paint
l/s headlight cracked

1,2,3, FOUR dents in various panels, about what you could do with your fist if you were strong. Plus a little scrap here and there

Needs a timing belt change soon.

Filthy car inside and out but nothing actually ripped inside as far as I can tell.

OKAY.................

So I was thinking of telling him $5,500 retail and $4K trade max but he is going to have a COW, because I know he was thinking $8K-9K.

Was I really that far off? I rather pride myself on being pretty good at this. I thought I was even being a tad generous. I thought $9K would be about a front line car at a dealer as retail asking price.

Your opinions please?

dbgindy · September 2003

Terry will need to know what part of the country.
signed one of his acolytes. :-)

dkuhajda · September 2003

Transmission? A/C? etc. Don't forget location (and no zip codes please)

You have a 2dr car, slightly low miles, no options. Assuming 5 speed and no A/C, maybe $2K trade. Add $500 for A/C, Add another $500 for Auto.

$4500 asking if it is a 5 speed, $5000 if it is automatic and first $3800-$4500 sends it packing. All assuming all maintenance is up to date, better than 60% tires, good detail, etc.

rdern · September 2003

My buyer picked up the Audi TT Monday, took the car as-is. I am looking at 2003 chevy trucks and can buy on the gms pricing. I'm in NH, 03060. I test drove both a Black Silverado SS (dark charcoal leather interior) and a Black Avalanche (no body hardware so it looks more like the Suburban) loaded with tan leather. The Avalanche stickers around $42k and the Silverado around $41k. I am looking at paying about $31k for either of them. I liked both of them for different reasons, and was curious what the crystal ball might say for depreciation on these down the road. The SS was fun to drive and a little smaller so it would be easier to park and stuff like that. The Avalance was more comfortable though, and had more space in general.

zueslewis · September 2003

have problems with water leaks at their mid-gates - you know that cool fold down thingy?

I've seen 35-40 cases already.

sonjaab · September 2003

There is a 03 SS in this mornings Post in Syracuse NY..........3k miles....$29,995 !

I have a feeling that it is a lemon buy back tho.
This dealer got bagged by the NY atty. general a
few months back for not disclosing such.

rroyce10 · September 2003

.... Uuugh ..! first thing in the morning and BANG ..!!

       S ...................... ?

                     CE .................?

       LE ......................?

                A partridge in a pear tree ..?

           Tell me where you live, so I can come over there and kill you ....... INFO.!

           more coffee, more coffee .. %^&##.!

                        Terry.

rroyce10 · September 2003

..... Good morning, how are you this wonderful AM ..? thanks for the great description ..

           Let's see, we have a 01 Coupe Accord EX V6, Tons of miles, color is great for Houston .. if it has deep rubber, looks 20kish, no service needed .. then trade side it's probably worth the high $13's, maybe the low $14's .. so figure it's worth "around" the high $15's, low $16's down Retail Rd, if you can buy it for less than grab it, - IF it needs -0- ... $14,750 is closer to a wholesale figure, but let me know what happens. .. :-)

                 Thanks for stopping by ..

                        Terry.

rroyce10 · September 2003

.... I have been through 5 hurricanes so I know what it's like ~ ain't no walk in the park .. stay dry, oop's too late.

Terry :-)

rroyce10 · September 2003

.... I agree with the others, also depends on where you live (Arizonaish area .?)

This one needs to be checked out CLOSE, miles "could" be turned, needs new rubber, seals and joints, stuff like that .. you need a bunch more info ..

Terry.

mnrep2 · September 2003

I'm interested in the Trade In and direct selling price on my Passat. Details:

Location: Minneapolis, MN

Car: 2000 Passat GLX, auto trans., V6, Factory 6 disc CD Changer, Anthracite Blue/Tan leather, 47,000 miles, Tires replaced @ 38,000 miles.

Condition: Very clean with the exception of an "anonymous" parking lot ding to the left rear fender. Repair looks good, but if you know what to look for, you can see that the fender was repaired with body filler....

rroyce10 · September 2003

....... Right now, the market is kinda all over the place on em' .. the miles are just a tinge on the high side, but it's a great color combo, auto .. I have seen them do as low as $25,0 for the strippys and as high as $29ish for the tall boy's, but the real $$ is in and around $27ish .. so figure pack, a this and a that, then the dealers might have close to $28 in it, I gotta figure at least $30,0+ .. ?

what's he asking ...?

Terry.

rroyce10 · September 2003

... >> with the exception of an "anonymous" parking lot ding << .. hmmm, sounds like a case for Inspector Clouseau ...

Good color, deep rubber, lot's of miles, great options, VR6 GLX, a mysterious fender fix .. in your area, in and around the high $12's, low $13's, miles and the mystery doesn't help .. Retail Rd action, $15,9 and $14,5/$15,5 say bye bye ....

Terry.

rroyce10 · September 2003

...... >> Many dog hairs << ..l.o.l... not a limited, right .?

Actually, it can be the kiss of death .l.o.l.. .. this guy needs to spend a little cake and get this dude cleaned and detailed .. same scenario here, my partner dropped a 98 Durango FILLED with dog hair and all sorts of ugly junk through the auction, it did $7,8 .. I "no saled it" I spent $125 and a 100 piece Popeyes chicken dinner on it (it clogged 2 extractors) it re-ran a week later and it did $9,0, (the hand buys what the eye see's) ..

Left coasters, right .? - Clean, super service, deep rubber, Dr Dent, now lookin' 30kish high $5's, low $6's on the trade side .. down Retail Rd, $8,9 asking and someone from San Clemente should give him $7,5/$8,5 .. as it stands now, it's worth what someone will pay for a clump ~ so your probably right on the $$ ..

)

Terry :-)

tbuckley · September 2003

I thought I DID post all the informtation.. I didn't know what was really important.

However, it is an automatic, Has A/C and the maintence is up to date. New tires. The Location of the car is Charlotte, NC.

So i'm figuring about $4500?

dillydill · September 2003

Hello,

First car is

99 Toyota Sienna XLE
Blue exterior cloth interior
75K miles
Moonroof
good condition

next car is

97 Toyota Corolla
Blue exterior
135K miles
Auto Power windows locks AC
good condition

Also we are located in Massachusetts
Thanks for the help and let me know if you need more info.

Dillydill

palmreader · September 2003

Thanks Terry.. Appreciate your input.

I will let you know what happens.

Thanks

scanty · September 2003

and the Z is tagged at $28,990. Seemed very reasonable to me.

Thank you for your help.

nvcolor · September 2003

Terry:

Sorry about that - it is an LE. And if you want to kill me, you'll have to get in line behind my wife. We won't go into that now.

lancerfixer · September 2003

...if he's still lurking.

http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item- =2433314257&category=6472

dweller1 · September 2003

I've heard about the avalanche leaks, I thought it was limited to the very early models. I've owned a 2002 Av since March 2002 and it has never leaked. I've used the midgate quite a bit and have been pleased with the operation. The Av is built on a Tahoe frame so it rides much better than the Silverado. We test drove the ex. cab silverado and the Av was so much nicer. I guess you can have probs with any car but I came out of a suburban which i really liked and the only thing i dont have with the av that I miss from the suburban is the third seat. Im not a car professional, but this is my 2cents worth.

zueslewis · September 2003

there are many more than 35-40 Avalanches in my tri-state area (where my cases are generated).

If given the choice between the two, for personal and auto-guy reasons, my money is on the SS.

dtran2149 · September 2003

I am considering selling/trading in a black 2003 Jeep Liberty Sport with the standard configuration (3.7L/auto with popular package

and 21k miles. Condition is excellent. What is the range from trade-in to private party in the real world? I am in Dallas, TX. I was thinking $12-$13k for trade-in and $14-15k private party. Is that reasonable?

I want to keep the car longer, but unfortunately I test drove an RX-8 twice last week. You know that itchin' feeling you can get. . .

Well, if I don't do anything soon, I'll probably wait till the spring and then do something while waiting for RX-8 prices to come off a bit.

Mr_Shiftright · September 2003

lance-- I'm amazed it even bid to $4,600. This can't be real money can it? This is a $2,500 car all day long, so anything over that is gravy for the seller. If his reserve isn't met (what COULD it be?) he'd be well advised to contact the high bidder and tackle him 'round the ankles if he can.

How many times in life does someone wave $4,600 genuine Benjamins at you for your Humber Super Snipe?

lancerfixer · September 2003

I have no idea. Honestly, I've never heard of a Humber before. I figured Bill had, though.

kyfdx · September 2003

And that kind of amazes me... I thought it was a Chevy when the screen first started to come up..

fintail · September 2003

That Humber is an extremely rare and characterful car, and wagons are very trendy right now. I can easily imagine the price it is currently bid to. It looks like a very nice original car. I'd pay $2500 for it right now. If only actual prices were that low.

dkuhajda · September 2003

That would be $4500ish for you to sell it yourself. It would not be a hard one to sell after a good detail, you have the most important bases covered, Auto, A/C, and reasonably low miles. Ask the $5200 and see what you get within a week or two.

$3000ish on trade is what you are likely to get on trade.

rroyce10 · September 2003

...... The most important factor here is: you know the previous owner and the history quite well, that's because you Are the history .l.o.l..

         Not much of a description (almost didn't respond, 3rd seat .?) but they are worth some Jingle even with miles .. whatever you do -Don't- get the dealer involved, he doesn't own it, it's not his vehicle and all he becomes is a 3rd baseman and raises the price, hey it's business.! ..

         You need to be on the horn with TFS in about 4/5 weeks *Before* the lease is up, that's because they are lookin' at the auction reports in "real time" in 3 months from now .. you need to speak with a Reg/District lease Mgr from the lease co, the nice folks that answer the phones have no horsepower for a decision .. it doesn't do you any good to extend your rental contract 6 months, that's because that's what it is, a rental agreement .. You might get TFS in 2 months to drop that pay-off to $29 or $30,0, you never know, the dealer certainly doesn't want it right now because he knows he will pay $27/$28,0 at the auctions, your from the Minnasota area right ..?

         $31,0 isn't so bad, it's worth in and around $27/$28ish at the auctions -If- it's a clean deep rubber, no kisses, no Walmart invasions vehicle, and the retail figures are over $35,0 .... what are they worth in 3 years .. ? can't say, but right now, dealers in your area are paying $12,000 for CLEAN 100k 97's ....

                              Terry.

rroyce10 · September 2003

....... Seems like a Great price .. $28,9 .. ? just make sure you know the history ~ get to the sale and let me know ..!

Terry.

rroyce10 · September 2003

..... Wow, never even heard of them before .. 1963 Super Snipe, I bet that would last about 54 1/2 days in a beach community in Florida, the salt would flat kill it .l.o.l... I thought it was a Focus at first.

Terry.

rroyce10 · September 2003

....... >> And if you want to kill me, you'll have to get in line behind my wife. We won't go into that now. << .. I know what you mean .l.o.l..


              It's a 03 LE with 27k .. Whoa, lot's of miles going on here, no help .. dealers are paying the low/mid $12's for the super clean loaded LE's with miles in the 8/10/12k range .. if this is a nice one, in and around the high $10's low $11's trade side, depending on the dealer .. you can set the retail value to correspond with the miles.

                       Terry.

rroyce10 · September 2003

...... How's things in Charlotte, NC.? .. I hope you haven't seen any flooding .. what can I say, it's a 99, miles are fine, has had some work, it's a coupe, has no toy's, plenty of these around - the auto and the tires saves it .. trade side, in and around that $3ish figure ...

Terry.

Real-World Trade-In Values

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