Real-World Trade-In Values

jlawrence01 · February 2004

If the van is priced at $3k or more, it will not sell, IMO.

Keep it under $2k and you will find a CASH buyer.

driftracer · February 2004

Worked for me down South!

vodgut · February 2004

for your opinons guys. I'll pass 'em along.

I think he's gonna take the van to CarMax to see what they'll give him, just as a baseline. Can't hurt....

jccssc · February 2004

Thanks for the info Terry. Tires are original but only about 1/2 gone. I will let you know the end result for sure. Thanks again!!
jccssc

isellhondas · February 2004

Buying that Toyota would probably be a mistake. For one thing, it has 200,000 miles on it! The head gasket may be the least of it's troubles.

So, the head comes off and it's determined the problem is much more than a gasket. Then what? a used engine of unknown quality?

Personally, I think you would be MUCH better off spending a bit more money.

Others may disagree...

rroyce10 · February 2004

....... Well, it's got some miles .. it's a conversion van, what can I say, In Chi -Town there doing in and around the $700/$1,000 figure on a trade -IF, they are super clean, no rust, waaay deep in round things and haven't been wrestling with one of Aka's Mooses ..

Down the dark a curvy lane to Retail Rd, $2,900 *asking* and drop kick that dude off the driveway for the first $1,5/$2,500 .. the 5.2 saves it, the conversion part kills it, cargo vans are in bigger demand ... let us know how Carsmack does ......

Terry.

akangl · February 2004

You know it isn't moose we tangle with around here, the last altercation was the result of a out of control tree. So, you see, its not the moose you have to watch out for anymore.

rroyce10 · February 2004

...... Tree Mooses, very rare, they only come out with the snipes late at night ........

Terry.

tomcat630 · February 2004

Used big vans are popular in low income areas. Should sell easily since it's an early 90's model. To less fortunate people, a 1994 vehicle is not so old, compared to all the 1980's buckets still smoking.

akangl · February 2004

Yup, I knows it, but hubby seems to keep finding the darn things, I really wish he would quit it.

janz · February 2004

We don't want to spend a ton of money, but I'm no longer sure this is the answer.

rroyce10 · February 2004

....... What saves you here is the extended part, because the miles are on the tall side ..

           If the service is all there, no Mormon drive-by's, no K-Mart kisses, cold air, no weird science in the interior .. then trade, in and around the low $7's, "could" maybe crawl towards the $8's figure if it's Reeeal nice .. if it needs stuff, start deducting ..

               Good luck and I will be holding my breath waiting to see what happens ...

                      Terry

rroyce10 · February 2004

.......... It's a big fat cold winter in the upper half of the country (and it's been a little cool here) and depending on the condition they seem to be getting some extra large money .. "most" (not all) clean 01 Impreza wagon L's with miles in the 50/60k range are doing in and around the strong $7's at the auctions .. that tells me they are probably seeing $8,9+ at the dealer lot's ...

I hope this helps ...

Terry.

wayde · February 2004

It's been perfect. The reason I want to trade it it is that I am buying a house... so I want a lower payment and better gas mileage.
I had always owned smaller/sporty cars before the 4Runner... I just wanted to try something different. As much as I love the Runner in the snow cars are so much more fun.
Thanks again.

rroyce10 · February 2004

....... The miles are a little tall and it's a handshaker .. depending on the color and condition, it's probably worth the high $10's, low low $11's on a trade ...

            If your going down Retail Rd, you need some deep rubber, a great ad, a super detail and don't forget to finish any service ... the hand buys what the eye see's, and if it's dirty, scratched and it needs stuff you will be one of many, not one of few, so spend a few bucks .. nice, big fat 5 liner ad, *asking* $13,900 in the biggest paper in your area and sniff and cry at $12,5/$13,5 but take it, it's a car, not your Grand Ma's wedding pictures .. don't forget to park the ego .. the VR6 saves this one.

           SUV's.? .. no matter what folks want to tell you, it becomes One thing only -personal taste- you have picked some good ones but you will need to DRIVE them, not around the block and Not with a salesperson .. drop by your local dealer and drive each and everyone for at least an hour (some will take much less.l.o.l.), drive over your streets, your hills, your neighbors mailbox, then make a decision ... Remember, your going to be in this pup for awhile.

             I hope this helps ...

                       Terry.

rroyce10 · February 2004

....... You are very welcome and good luck, the 4Runner should last about 74 minutes with a great ad and a detail ....

Terry :-)

beesampson · February 2004

Hi Terry,
What do you think a 03 suburban LS 4x4 with 6000 miles on it would get for trade in Massachusetts?
They are discounting 04 Lt around $10,000.

thel · February 2004

Looking at a 2000 Miata. Red base with 58,000 miles. 5-speed (naturally). Only options are a luggage rack, power windows and a cd/cassette player. It also has new tires, which for me is actually a turn-off....I'd prefer one with old tires, so I could slap on some Yokohama ES100's

Dealer's asking $11,950 and it has been there for awhile. What would be a reasonable amount to expect to pay for this bad boy?

Thanks in advance Terry!

handsfree · February 2004

Just wanted to give you a Thank You for the help on the 03 X type Jag. (6,100 miles)
We finally found a Chrysler Limited for our friend with a handicap conversion, the hard part was getting a Dodge dealer to give us $22,500 for the trade, minus all the rebates, but things worked out well.

As always - Thanks!
M.

esheridan · February 2004

I have a 2000 s80 2.9, moondust, with 82K miles, clean (very), no dings/stains/smells, and clean history. All service records available and up to date. Seems the kicker is that it has cloth seats. I gasped when I heard the trade in value since I bought it new 4 years ago. The story I get is that the cloth seats and no sunroof actually decrease the value of the car. rroyce10 what would you think it is worth? Is the cloth seat thing true? This doesn't jive with the edmunds value. I'm considering selling it myself, but am concerned that any buyer would actually have that much cash to offer - not the typical $5K high mileage used car.

mr_steve · February 2004

There appear to be a few out there now. Anyone have any advice with price reductions for one with around 9000 miles?

I am really looking for a percentage depreciation for less than 1 year old used vehicle with this many miles to let me calculate an offer. Most have about this many miles on with different varieties of options.

Any advice welcome - oh an also how is an untitled demo vehicle values with regards to depreciation and value? (general rule of thumb is fine)

thanks

volvodan1 · February 2004

I'll leave Terry to give value, but I can tell you that no slider hurts. No leather sinks it. Sometimes when people are buying they save 2k not getting something, but it costs at least that much when you trade. We still have a new 03 base S80 that we can't give away. My guess is putting it up in the fishwrap is the way to go. Make sure you put cloth to save hassle.

I'm sure there are examples all over, but I see this a lot with Devilles. If you are buying new above the mason dixon you should get heated seats and you will probably get all of your money back when you trade.

Re: book value. This situation is similar to high mileage deduct. It is usually a lot more than "the book says".

aggie1995 · February 2004

Regular XLT Trim
Cowboy Blue color
All power
cloth seats
3rd row
bucket seats up front
front/rear AC

no roof

auto trans

48000 miles
Dallas, Texas

-----------------------------------------------

This is a vehicle that is being leased by my company. It comes off lease soon. It has a residual value of $13500.

I'm thinking of making the leasing company an offer to buy it out. What is the right $ that it is worth. I hoped with all the big incentives of late that a 2001 would be cheap.

automan227 · February 2004

Hey terry,

I posted here a while back about trading/selling my 2001 V70 T5. We ended up holding it til the end of the lease, and guess what? It goes back in two weeks.

I have been looking at 2000 or 2001 Passats and I came across one of the following:

2000 Passat GLX Sedan
44000 Miles
Tan Leather
Monsoon
6-CD Changer
Green Exterior
VW Certified
Internet Price : $13,995

I am in the philly metro area.

The dealer is not willing to move on this price as it is already discounted from their price on the lot.

The car drove nicely itself, but I do not want to get hosed.

Is this a good deal or should I pass?

Thanks,

AS

stickguy · February 2004

That a stick or automatic? Inquiring minds will want to know.

I'm no expert, but seems at least reasonable to me. heck, I might be interested, if I actually needed a car. It did sticker for close to 30K new, IIRC.

automan227 · February 2004

Whoops, I thought I forgot something. It was an Automatic Tiptronic thingy.

Thanks.

AS

scname · February 2004

Terry ,what's my car worth ?

Its silver, automatic, 20200 miles, EX model come with 4 wheel drive, moonroof, side air bag, anti lock brake. Car is showroom clean, no scratch whatsoever.

I checked the trade in value on my 02EX on the net. NADA shows $18250, Kelly blue book $15600, Edmund $16480. Which should I trust ? I plan to trade it for a new Toyota 4runner.

jratcliffe · February 2004

You should also give Terry your location (City/State), and if it's 2WD or 4WD.

scname · February 2004

Its in Houston Texas, 4WD. Thanks...

markz2k · February 2004

Terry, could I get a Trade-in and Retail price from you on this gem?:

2000 Accord EX-V6 Sedan
26K Miles
Signet Silver color
1 small door ding (which I'll probably get fixed)
1 small hood chip.
Clean in and out. No KFC remnants, good rubber.
Orange County, CA

Thanks a bunch!

ohiogoodguys · February 2004

Terry,

Looking to trade my 2000 Honda CR-V amd was wondering what you think this vehicle would be worth on trade.The vehicle is located in the Cleveland Ohio area. I am possible trading this car in on a 2000-2002 vehicle.

Special Edition Package in White with Dark gray leather

Power windows
Power Door locks
Cruse
Tilt
Cd/Cassette Combo
4cyl engine
Keyless entry
Hard spare tire cover
Leather interior
Tires X-ones with about 20K on them

Now for the bad news. The car has 125,000 miles. Yes Terry you read that right 125,000 miles. All of the service has been done and have reciets showing this.

Let me Know what you think.

KBB Shows about $8000 in good condition
Edmunds shows $9800

The car is in Good condition. I baby my cars and do ALOT of highway driving

Thanks for all your help

Jack

rroyce10 · February 2004

........ Not much of a description of the options, leather, slider.? .. I'm assuming it's a half-ton, right.?

With 6,000 miles you couldn't have done much damage .. if it's clean, 3rd seat, all the right options, it's worth in and around $28/$29 figure trade side ....

Terry.

rroyce10 · February 2004

...... The miles hold this one back .. depending on how long he has had it, he probably has the high $8's, low low $9's in it .. unless this one has a new Tag-Heuer in the trunk I would think $10,5/$10,9 would get it home .....

Terry.

rroyce10 · February 2004

...... Your welcome and I'm glad things worked out .. that was a pretty nice vehicle, I should of bought that one myself .l.o.l.

Terry.

rroyce10 · February 2004

........ Your right, there is a potpourri of used 03 Cayennes (S 3.2 models) out there .. depending on where you live they are doing in and around the $46/$47 range with 5/7/9k at the auctions, these usually have an MSRP of around $60,0ish .. as fair as a demo is concerned that's kinda hard to say, it will depend on the dealer and where you live .......

I have a feeling the new V8 Touaregs with all the stuff won't be doing to well, with miles in the 3/5k range there only doing "around" $10 grand less, $36/$37 ....

Terry.

pbeers · February 2004

Terry,

How about the trade-in value of our SUV:

2002 GMC Envoy SLT 4WD
Pewter ext w/ gray leather interior
running boards
GMC Off-road package (better tires and scuff protection plates on underside)
Bose premium sound w/ 6 CD changer
37K miles
Excellent condition inside and out (even tires show less than moderate wear as car saw mostly highway miles)

no sunroof

thanks in advance...

thel · February 2004

BTW, what the heck is a Tag-Heuer ?

ddelise · February 2004

http://www.nj.com/news/jjournal/index.ssf?/base/news-2/1076670743- 259691.xml

I think he could have held out for a couple of more G's. Whatta' ya think???

Damon

lancerfixer · February 2004

Wicked expensive watches.

http://www.tagheuer.com/

rroyce10 · February 2004

.......... An S80 "without" leather and no slider ...? .... Yeeeow.! .. I bet there's not 50 of those puppys running around and I have only seen two, and I look at a LOT of Volvo's ...

           Volvodan1 brings up some excellent points .. S80's are pretty nice drivers and that market expects the luxury that goes with .. Well, let's see here, it's the right color and the miles are a little on the Stiff side, but you say it's in really good condition ..

           Trade side, depending on the dealer it's worth maybe $7,5ish, might could "maybe" roll towards the $8 figure if it's like brand new, rubber from yesterday, no kisses or re-paints, etc ... down Retail Rd, $9,900 *asking* and grab the first $8,9/$9,5 .. the high miles and the lack of the "right stuff" kill this one.

                   sorry

Terry.

rroyce10 · February 2004

........ Did we kinda forget something .....?

            2WD ......?

                         4WD .......?

               kkkkkilling me ....!

                        Terry.

rroyce10 · February 2004

...... Color is ok, miles are alright, it's a V6 GLX, it's has all the stuff (new rubber.?) Auto, it has the certified junk ..

          Dealer probably has the the high $11's, low $12's in it, maybe a little more with the sillyfied stuff .. actually it sounds like a pretty good deal, see what $13,5 will do, but don't loose it if you like it ....

                    Let me know what happens ...

                      Terry.

esheridan · February 2004

Thanks Terry and Dan. Lesson learned. Maybe I'll just keep it. I'm just a Honda Girl at heart.

automan227 · February 2004

I went to take a look at it today, and they sold it right off there lot to someone else this morning for $14,900.

I am still on the prowl, and I will be goin around to see what else is around. I didn't love it because it was Green, and I prefer black so its no real loss. There is a ton of them around here.

AS

thel · February 2004

I have a $90 Citizen that I got for an anniversary gift 5 years ago....to me, that's a nice watch.

wjeiv · February 2004

Can you help me plan out my trade-in, Terry?

I have a '98 Buick Park Ave Ultra
3.8L V6 w/ supercharger
134k miles
Air Conditioning
Power Steering
Power Windows
Power Door Locks
Tilt Wheel
Cruise Control
AM/FM Stereo
Single Compact Disc
Dual Front Air Bags
ABS (4-Wheel)
Traction Control
Leather
Dual Power Seats
Alloy Wheels
new tires
good condition in and out
Leominster, MA (North Worcester County 01453)

I am trading it in at a Pointiac/Buick/GMC dealership for a new (or hardly used) GMC Truck. They have other Park Aves on the lot, so I'm hoping the trade would be reasonable. KBB has
the trade at $5200. I believe it, with the miles, but maybe you think differently...

Thanks!

turboshadow · February 2004

OK, I'm looking for a good used car for less than $10K in SC. Here's the requirements:

Less than 40K miles
Fold down rear seats
Sedan or station wagon
Manual or auto...prefer manual

So, what do you think? Any 'overlooked' models or bargains out there?

qbrozen · February 2004

$90??! Man, do you drive a Rolls too??

for me, if I can't get that guy on the street corner down to $15 for that Bolex, I ain't buyin!

stebu · February 2004

Did the dealer tell you he sold it for $14900? If so, I wouldn't necessarily take it at face value unless you have some history with him. In the past, I've asked dealers "what you get for it?" a few times just to see what they'd say. What I've noticed is that it ALWAYS sold at the lot asking price.... hmmmmmm. Not likely considering some of the asking prices. I no longer bother to ask questions like that.

kyfdx · February 2004

2002 Mazda Protege5 wagon.. They should just be dropping under $10K, especially for a 5-speed.. and probably only 20k-30k on miles.

regards,
kyfdx

Real-World Trade-In Values

Comments

Helpful Tools

Most popular vehicles