Real-World Trade-In Values

robr2 · May 2004

Jolie - too bad you're not in Boston. On Focii, Ford is offering:

$2000 cash back on leases
or
$2500 cash back or 0% for 36/48/60
or
$500 cash back with 1.9/36, 2.9/48, 3.9/60

and tossing in a Dell desktop with a flat panel!!

butchbr73 · May 2004

i'm betting the explorer gets traded for the Focus, and then come September when the snow starts falling, your back into another Explorer or some other 4x4...

I wish you the best of luck, but really, you have got to stop thinking about trading any of your cars, etc... STAY AWAY FROM CAR LOTS, STAY AWAY FROM CAR LOTS, STAY AWAY FROM CAR LOTS.... I don't know how we can stress this enough. I can't see any reason why you need to trade the Explorer????

fkozil · May 2004

Terry,

I read your posts everyday and follow you guys like a cult. Now I need some help.

Got a...

2003 Chevrolet Suburban located in Central Jersey
4x4
Automatic
Z71 Package
Black Exterior w/Fog Lights
Tan Leather Guts
Captains Chairs w/Bunn Warmers (Both Power)
2nd Row Captains Chairs
3rd Row Seating w/rear liftgate
Side Airbags
Bozo Sound System with in-dash CD Changer
On Star
Power Slider
12,000 miles

No Kmart kisses, no Scud missle launches, no missing fried chicken bones in the seats!

Truck is squeaky clean and I hate to trade it in but we are building a new house which comes with a new and bigger mortgage payment!

Edmunds shows the following figures...
$32,000 trade side & 33,900 down retail road

KBB shows it at...
$29,400 trade side & 32,600 down retail road

Right now, just looking for a trade value.

Work some of your funk magic and let me know.

akangl · May 2004

It was just a thought. I like my Explorer too much, so it'll stay put. Butch is right, I'd be miserable come snowtime. Trading the Explorer isn't worth the little bit of gas savings and debt reduction. I enjoy being able to go off road, out to the logging sites, camping, biking, and all that fun stuff......kinda hard to do in a Focus. Thanks for the reality check, just need to be smacked once in a while.

Guess the only thing I'll be buying this year is a 5 yr/100k ESC for the Explorer.

Just have to work on paying it and the Dodge off (the dodge has no worries about being traded, hubby loves his truck, I would be traded first)

With any luck I'll be able to track down the rest of the parts for the Chevy today and get it up and going this weekend (yeah right). Then it goes to the lemon lot to be sold.........quickly I hope.

mikefm58 · May 2004

<<

revenge is a dish best served cold

>>

Well stated.....and oh so true!!!

escapeowner2 · May 2004

Here's the skinny....

2001 Ford Escape XLT 4WD, automatic
Bright Red
Premium sound system, single CD
privacy glass
tow package
moonroof
power everything
In VERY clean shape, inside and out
Driven only by one adult driver
48,000 miles
I've put a windscreen thing on the front
I have Husky floor liners and cargo liner
PLUS Michelin cross-terrain tires, only year old
Great mechanical shape
Serviced oil changes, every 3,000k, etc.

How much might I expect to receive from a dealer?
I'm in Missouri

Thank you!
Paul McCain

mmo1184 · May 2004

Hi i would like to know the trade in value and private party values of a 1999 Pewter Chevrolet Tahoe LT 4X4 4DR with 77,600 miles. It has beige leather, cd/cassette,power driver seat,rear air conditioning,tow package basically fully loaded except sunroof(don't think they were available that year) and heated seats. Good Condition. Location Houston TX

umike · May 2004

No to be a pain, but any word on my 2003 quattro??

chadwick32 · May 2004

In case anybody is keeping track this is my third request for Terry and co. but its hard work buying a car if you want a good deal so I'm still at it!!

96 Mercedes C280 sedan
61k miles
Desert Silver
Beige leather (the real stuff)
Starmark certified and fully serviced through 60K
Sunroof
New tires
Small ding in rear but hardly noticeable
local trade in I'm told
Ohio market

Thanks again.

mjfloyd1 · May 2004

taterheart,

Make sure that you drive both of these z3's. Every 4 cylinder bmw that I have driven made me want to have holes in the floorboards so that I could help push (like Fred Flintstone). I suspect that you will like the 6 cylinder much better- the 3.0 is really a great motor. Also, you might want to check into the z4 (if you like them at all) because the 2.5 has $3500 dealer cash and the 3.0 ,I believe,has $4500 dealer cash, but I do realize that I'm talking new cars and much more money.

But, as Terry says, "drive what you like".

Good luck,
Mark

ghulet · May 2004

If the Z4 2.5 has $3500 cash off, I imagine if you're light on the option list (skip the auto climate, power top and seats), a new one can be had for right around that $30k that '01 Z3 3.0. Sounds like a no-brainer to me.

stickguy · May 2004

the 2.5 is a six cyl. also (the 199 was a four)

corvette · May 2004

Gee, I thought Terry had gone to pick up AKA's Chevy and drive it to the Florida auctions, and broke down somewhere just shy of the Alaska-Canada border... But that must have been a dream.

Kirstie_H · May 2004

Don't forget tonight's member-to-member chat - it's open mic night, so come and discuss whatever's on your mind.

http://www.edmunds.com/townhall/chat/townhallchat.html

6-7pm PT/9-10pm ET. Drop by for live chat with other members. Hope you can join us!

kirstie_h
Roving Host & Future Vehicles Host

drytar · May 2004

I'm currently thinking about trading in this car for the 04 version, and was wondering what I could expect to get for this car. I'm in Atlanta, Ga but bought this car in Oxford AL and was thinking of returning to the same dealer.

-03 Accord EX 4 door (Silver, black leather interior)

-4 cylinder
-Navigation system
-35K miles (original tires)
-6 CD changer
-all servicing done, just did 30K service
-sunroof
-power everything
-keyless entry
-very clean interior
-no wrecks, exterior looks great

Thanks!
Mike

4x4chris · May 2004

2001 Toyota Tacoma Xtra Cab 4x4 SR5 TRD
45,000 MILES
$16,995 BUT THE SALESMAN SAID HE WOULD GO DOWN A TO $15,995

BLACK V6 5SPEED MANUAL, BALANCE OF FACT. WARRANTY
ALL POWER OPTIONS,TILT,CRUISE CONTROL,
ADD ON CAMPER

SUPPOSEDLY NO MAJOR ACCIDENTS AND 1 OWNER(HAVEN'T RAN THE HISTORY REPORT YET)

HAVEN'T DROVE OR INSPECTED IT BECAUSE IT'S IN ANOTHER CITY, BUT WANTED TO KNOW IF IT'S WORTH THE TRIP TO LOOK AT. I THINK ITS A STEAL!

IM AN 18YR OLD FROM TEXAS WHO HAS BEEN RESEARCHING USED TRUCKS, BUT I DONT KNOW ALL THE TRICKS OF THE TRADE. YOUR REPLY'S WILL BE GREATLY APPRECIATED!!!

CHRIS

mjfloyd1 · May 2004

My Bad. Sorry, as stickguy pointed out, I was thinking of the 1.9L 4 banger. The 2.3 is actually a 2.5L I6.

Perhaps the info about the z4 will still be useful.

Mark

spatulaman · May 2004

You need to get an appraiser that specializes in diminished value. Don't take a penny less than what he determines the DV to be, if they won't, drag out the lawyers, and go for blood. You shouldn't have to take any loss whatsoever since this wasn't your fault.

spatulaman · May 2004

HAVEN'T DROVE OR INSPECTED IT BECAUSE IT'S IN ANOTHER CITY, BUT WANTED TO KNOW IF IT'S WORTH THE TRIP TO LOOK AT. I THINK ITS A STEAL!

I'm in Houston. I'll look it over for ya if its in town or nearby. I have a decent eye for paint and condition. eMail me if you want, or you can reply on here

4x4chris · May 2004

well i appreciate the reply, but im looking for a mechanic to inspect it, someone from lemonbusters or auto p.i. something like that.also someone who could look at this deal and give me their opinion.
if u have any more helpful tips let me know thanks.

chris

akangl · May 2004

*****Gee, I thought Terry had gone to pick up AKA's Chevy and drive it to the Florida auctions, and broke down somewhere just shy of the Alaska-Canada border... But that must have been a dream****

Ha, if that was the case Terry would still be here, at my house and I would be a lot lower on my cigar, alcohol, and golf ball inventory. Not to mention my hands would be sore from rubbing his feet. That Chevy ain't left the spot it landed when we pushed it off the trailer a month ago.

jlawrence01 · May 2004

Since I have had the opportunity to spend the past week in bed flat on my back, I have had the rare opportunity to watch a little cable for a change.

On Sunday, I watched some show on Alaskan fishing and one on logging. I have to confess that I did not appreciate how cold and trecherous that the roads up in Alaska are. And the distances. WOW!

akangl · May 2004

Yup, its fun up here. My husband is a logger, so he travels a lot of back roads. We were out on the logging road on Sunday, made it 9 of the 18 miles and then hit water that hubby didn't want to chance crossing.

akangl · May 2004

After this week the new phrase is:

STAY AWAY FROM THE BICYCLE SHOP!!!

Holy cow, we will have spent about $1200 there this month. I bought a mountain bike for my son 2 weeks ago, one for me today, will get one for hubby on Friday, my daughter has my son's old mountain bike. Then we need a bike rack for the Explorer, will get that Friday too.

I don't know what I was thinking about trading down to a Focus, yeah right. I had 2 weeks worth of groceries and a mountain bike in my Explorer today and couldn't have fit anything else in there.

spatulaman · May 2004

well i appreciate the reply, but im looking for a mechanic to inspect it, someone from lemonbusters or auto p.i. something like that.also someone who could look at this deal and give me their opinion.
if u have any more helpful tips let me know thanks.

LOL I wasn't going to give you a full report including blinker fluid analysis and muffler bearing condition...just give it the once over to see if it was worth your time to drive and see it.

spatulaman · May 2004

Guuuurl....$1200 for bicycles?!?!!? Uhmmm....eeeek.

edgriebel · May 2004

Terry-
I'm hoping you could give me an idea of trade-in value. A local used car-only dealer offered me 6k on trade for 03 Taurus SES w/20k, Taurus price was 11k. My guess is they were bumping up my trade, and bumping up the Taurus in kind. Around here, 10,9 to 12,9 for 03 non-duratec SES w/ 15k-30k mi. Wondering how much the defects noted below will hurt the value, should I take whatever I can get?

Audi Details:
96 Audi A4 Quattro V6 5-speed Automatic (tiptronic not avail in 96)
87k miles
Red ext., Black int. "pleather" (option between cloth and leather)
Sunroof
Heated seats (work), ski bag
Never wrecked/no accidents
New tires in Aug 03
New front and rear brakes in 03
New timing belt, serpentine belt, water pump 02
All interior electronics + A/C work
Lightly keyed length of passenger door, 1" z-shaped scratch
Driver's seat has 6" crack in vinyl, cloth underneath intact, otherwise interior perfect
Slight seepage from rear diff and tranny rear seal
Except for key & scratch, body & paint excellent shape, would show/auction well
Located Rochester NY

Thanks,
-ed

akangl · May 2004

I have a hard time buying the cheapo ones at the store, they never feel right, always out of adjustment or something wrong with them.

My kids both have quality bikes, my son has a Trek and my daughter a Specialized (it was my son's bike). I have a Specialized, my husband will either get a Trek or a Specialized. Quality bikes last longer and are much more pleasant to ride. Kinda like quality cars.

We sold our horse (hayburner)........only reason we can afford it right now. :-)

rroyce10 · May 2004

.... ** Ha, if that was the case Terry would still be here, at my house and I would be a lot lower on my cigar, alcohol, and golf ball inventory. Not to mention my hands would be sore from rubbing his feet **

                HAHAHAHAHAHA .......

          Hey don't start those rumors, I don't smoke cigars .................. ;^}

           Stay Away from the car lots ...!

                           Terry

)

rroyce10 · May 2004

........ DONT WRITE IN THOSE BIG LETTERS ......!

These little dudes get ALL the money, especially when you say the words 4x4 and ecab ... $15,900 ..? .. low miles, V6, 4x4, TRD - even with the handshaker it's cheap money anywhere .... be there.

Terry.

rroyce10 · May 2004

........ If you posted, you better start REPOSTING now .. cuz' it's going to be hard to catch up ..........

Terry.

rroyce10 · May 2004

.. ** 1999 New Jetta trade value by jkmb May 17, 2004 (4:17 pm)
1999 New Jetta GLS
4cyl
Auto
Leather
moon roof
front side air bags
56000 miles
good condition (no accidents, non-smoker, leather is perfect. paint is good. 1 or 2 dings in the door.

Trading to a dealer who will have to wholesale it out. What price should I get?

Also, should I try VW dealers. Would they buy my car even if I am not buying from them?

      =====================================

           Miles are low for the year, it's a GLS 4 banger, we have the hole in the roof, we have the auto and we have some hydes ..

              IF ~ the rubber is deep and the service is from yesterday - then trade side, in and around the mid to tall $6's, if it's super clean and ultra nice and it needs -0-, then you "might" see the low low low low low $7's, maybe ...... you can always try shopping it around and see .. lets be honest, do you think a *small* Buick/Honda/Dodge/Mitsu store will know what to do this ..?

             let me know how it goes ....

Terry.

rroyce10 · May 2004

Audi 2003 A6 Quattro Trade in by umike May 17, 2004 (9:02 pm)
trading in a 2003 quattro a6 3.0
fully loaded
14000 miles
excellent shape except for some SLIGHT scratching on the hood (barely noticeable) from a piece of foam insulation that slid over top of the car

KBB lists at 26,000
Edmunds at 29,500

which one is closer to the truth?

mike

    =========================================

           Which one is closer to the truth ..?

                     Neither ....!

           If it's a nice one, no french fry invasions and it "stands tall" - then trade side, in and around the $27ish figure, depending on the dealer and WHAT part of the country you "might" "maybe" see them bounce towards the $28 figure .......

                            Terry.

rroyce10 · May 2004

........ 23/25k in Charlotte ...? .. I can't say what it might be worth come fall, but right now it's probably worth in and around the $34/$35,0 figure .....

Miles are going to Flat kill ya, have you thought about a better dating service or a cab, or a bus, or a rental car, or borrowing the neighbors car ...... ?

Terry.

mikefm58 · May 2004

LOL, they aren't cheap (except for the one's at Wal-Mart). I just bought an entry level road bike for $500.

mikefm58 · May 2004

I'm also looking for a Toyota Tacoma for my son. What would the wholesale/retail price be for the following:
.
1999 Toyota Tacoma Prerunner Xtra cab
avg. miles, let's say about 60K
4 cyl, 2WD, auto (all prerunners are 2WD & auto)
only must have option is a/c here in Florida as prerunners come nicely equipped.
let's say fair-good condition overall, don't mind getting wheel/tires or fixing small cosmetic blemishes.
Orlando Florida area
.
I almost bought one for about $11500 at a dealer here in Orlando, vehicle was as described above, except in excellent overall condition. I kinda wish I bought it.

jlawrence01 · May 2004

The place to buy top quality bikes inexpemsively are the police auctions. Here in Chicago, you can pick up a $1200 high quality road bike for $200-250.

What generally happens is the bike gets stolen. An insurance claim is files and paid. When the cops recover the bike, either they cannot identify the owner and the owner does not want it back as they will have to reimburse the insurance company.

taterheart · May 2004

Mark, thanks for the information about the Z4's. I didn't know about the dealer incentives, where did you find out about them?Edmunds doesn't show anything about them. Now if I can only get used to the Z4 look... I still might go for the Z3

taterheart · May 2004

Hi Terry,

Any information about this?

I'm looking at two BMW Z3's with the CPO warranty at a BMW dealer. What are the Retail and Trade-in values?

1. 2001 BMW Z3 3.0 - 5spd, Premium package, Power top, BMW CD Radio, Cosmos Black / Black Leather, 18,800 miles. Dealer is asking $30K

2. 2000 BMW Z3 2.3 - 5spd, Harmon-Kardon sound, BMW CD Radio, Titanium Silver / Black leather, 32,000 miles. Dealer is asking $23K

By the way, both cars appear to be in excellent shape (interior and exterior)

Thanks in advance...

lancerfixer · May 2004

Could I get some private party retail info of ya?

'99 Saab 9-3 base model.
Light green over tan cloth, 5 speed, no heated seats, no roof, but also no paintwork and no french fry invasions. 62,000 miles.

What sayeth the Oracle?

kyfdx · May 2004

Can I guess? I'd say private party about $6K-$6.5K, and dealer trade about $4500.

This is fun!!

Now, back to the experts...
kyfdx

mjfloyd1 · May 2004

Tater,

I learned about the incentives on the Z4 from Car_man -he's the moderator on the Lease Questions-Ask Here board here on Edmunds. Browse back a few pages and he gave all the info. There are incentives on most bmw's now - 3, 5, x3, z4, 7. People don't seem to be liking the flame surfacing and bangle butt!!! I just got my wife an x5 - I figured if I like it now, it may soon be changed into something I don't like so well. The new 5's are growing on me as are the z4's. My neighbor has a new 7 that I just can't get used to. He got the sport pkg here in Indiana and couldn't even get out of his driveway this past winter.

Good luck,
Mark

crash15139 · May 2004

Want to trade-n 2000 Jeep Cherokee 4DR

64,000mi
Steel Wheels
Power Win/Doors
Spare Tire/ No Donut
Clean - No Major Fixes

bowke28 · May 2004

in an effort to build some ammunition for the armada board, throw me a # here:

2004 nissan armada 4x4 LE w/dvd and nav (tech pkg.) w/sunroof & auto climate.

7k miles, black on graphite leather. everything inside is perfect, no dings or dents.

midwest region (louisville, ky.)

bowke28 · May 2004

every now and again i try to throw a number to someone, but i dont have the knowledge in ALL makes and models that terry does.

butchbr73 · May 2004

got one for my sister-in-law, she's looking to move into a 99-2000 Accord. Currently, she's driving a:

1998 Jeep Cherokee Sport 4dr, 4x4.
102,xxx miles on the clock.
4sp Automatic
Newer tires/brake combo (within the last 6 months)
Power windows and locks
Aftermarket el-cheapo CD-player
A/C just went out last week, she'll try to fix it before getting rid of it, as long as its cheap to fix.
Decent to a little on the rough side condition, not very clean
   right now, has some damage on the right front to the
   bumper/headlight assembly due to a little fender bender. Doesn't
   look to me like it will clean up really good, it just hasn't been
   taken care of really well, but we'll try to detail it a bit and
   clean it up before hand.
No other known issues (transmission problems, oil leaks, 4x4 issue, etc...)
Purple exterior, darker cloth interior (not sure of actual interior color)
East Tennessee region

don't think I'm forgetting anything... I'm guessing maybe $4's b/c of the miles and condition? I know this is a tough one without seeeing it, its a good test. She's going to be buried in it, too. I feel sorry for her, but I objected when she purchased it a few years back.

Looks like the 99-00 Accords lx's are $7-8ish range, maybe 9 for the low miler..

thank you sir.

kbedwards · May 2004

Terry:

This refers to message #18455 - you asked me to let you know how it came out.

First off, I gave you the wrong mileage...I was selling a bl/grn 93 Si 4WS Prelude, has 82,000 miles, not 87,000 (like I said initially).

Just sold it for $5,500 only because I got tired of meeting tire kickers. First private sale for me, and what a pain! SO many calls, from all over the country! (One guy in Oklahoma (I'm in SC!) called me to let me know he was going to fly in and look at it. After I emailed him some good pictures, he practically said he would take it. Ended up selling it before he got here...

I put $5,900 in all my ads, and took $5,500 - hope I did not cave too quickly...car is in top top shape, but has had a couple of accidents (nothing major). Prob needs cooling system flush, windshield needs some adjusting, but other than that...very nice.

Just wanted to thank you for your response and recommendation. Now I can buy from a dealer without having to worry about them using a trade in as leverage.

THANK YOU!

bowke28 · May 2004

paul, im also in the midwest, and an escapr like yours will bring in the high $11's, low 12's in a heartbeat. if you are REALLY diligent and grind a dealer, with a completely detailed truck, you might...MIGHT see $12.5k.

retail-wise, i would ask $15k and take $14-$14.2k to finish it up.

theflush · May 2004

Terry, have you had a chance to figure an estimate of the trade in and private saled values of a gray 98 Grand Caravan SE 113K miles, 5dr, AC, CD, rear captains seats, 3.3LV6, remote key, luggage rack, power doors/locks/mirrors. Has had some minor side body damaged repaired. Transmission rebuilt 6 months ago. Garaged indoors in Waverly Ohio. Does having a rebuilt transmission lower its value when you consider that the caravans have a history of tranny troubles?
Thanks,
-Jim.

rroyce10 · May 2004

.... ** 2001 BMW Z3 3.0 - 5spd, Premium package, Power top, BMW CD Radio, Cosmos Black / Black Leather, 18,800 miles. Dealer is asking $30K

Asking $30,0 ...? .. dealer might have $23/$24 into it with the CPO .. Z3's are like rabbits, there all over the place .. $30 big ones.? .. let's try $27/$27,5 and call it a day, $28 if you just can't live without it ............

             ======================

.... ** 2. 2000 BMW Z3 2.3 - 5spd, Harmon-Kardon sound, BMW CD Radio, Titanium Silver / Black leather, 32,000 miles. Dealer is asking $23K

           2.3's aren't busting down any doors .. dealer might have the $17ish figure in it, maybe $18 with the CPO and a Partridge in a pear tree ... $21 would be just about all the peso's .. the miles save it.

                         Terry.

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