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Real-World Trade-In Values

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Comments

  • krwest1krwest1 Member Posts: 79
    '96 Cadillac Deville base. dark blue over dark blue heated leather. no CD, no roof...just the standard equipment. 130k miles. no accidents, no paintwork. tires have 75% of tread left. looks and runs like an '01. Located in northern Virginia. can you give me trade and retail numbers?

    Thanks!
  • dkuhajdadkuhajda Member Posts: 487
    Around here that one would go the the Buy here pay here lot in a minute. If it needs nothing at all, I have seen similar get $1500-$1800 even with the 130K at wholesale. To be later sold at $4900 to the credit challenged crowd, with a nice 20% interest rate.

    Private party retail is going to be less than the $4900; You will get $3000-$4000 out the door. Unless you live in a very specific type of area with lots of people from "South of the Border."
  • rroyce10rroyce10 Member Posts: 9,332
    ........ Ok, here's the poop in the FX's .. they took the two hardest selling colors that they ever had, which is the white and the sand, that's why you have 2 stock numbers (just the opposite down south) and picked them out of the 38 quick sellers .... Now add your $499 Ad man fee, $199 for tag title and gopher stuff, then add the $590 destination charge off the sticker (add $1288) and "Wha La" you have a new FX35, plus you must take delivery and be approved THAT day on only those two ..

                    Oh by the way, did I mention they have been sold since last Sunday a week, so get ready to march up a few thousand over the posted figures ... wasn't my idea, but it seems to be working out quit well for them and their not even close to invoice on the rest ... lose a few hundred on two just to get them in the door and the rest will work itself out ~ these 2 lost leaders have done well .......... :)

                            Terry.
  • traderjoestraderjoes Member Posts: 1
    Hello,

    Thanks in advance for your help with this valuation. We've been to a few Colorado dealers and their trade values seem laughable based upon research at edmunds, autotrader, nada, etc. even accounting for the high miles.

    Kids are growin' and the GMC Suburban is just too big any more. Here are the details:

    1996 K1500 SLE 4x4 GMC Suburban
    two-tone blue/silver
    192,000 miles (mostly long family trips)
    cloth seats (no tears)
    3rd row seat
    power windows, locks, etc.
    rear heat-a/c
    running boards
    roof rack
    am/fm/cassette
    never towed
    no accidents
    no off-road use
    everything works
    a few light exterior scratches (nuttin' major)
    small door ding/dent
    10K on tires (Goodrich)
    25K on new tranny, transfer case, 4wd motor

    Thanks again.
  • driftracerdriftracer Member Posts: 2,448
    "their trade values seem laughable based upon research at edmunds, autotrader, nada, etc. even accounting for the high miles"

    Just a matter of education here, but you can easily throw away any value book, even on a Surburban, when the ticker gets near 200,000 miles - there's not a retail lot in the nation that would touch it; most wholesalers will just move it on out; mom and pop used car places are scared of it; and no one, anywhere, would put a warranty on it.

    Realistically, someone could buy it, drop in a reman engine and transmission, and drive it for another 200k - the thing is, considering the miles, $1,000-2,500 is a real trade number - you could detail it up and retail it, hopefully seeing the high $3s to low $4s.

    Leave your ego and newfound book value knowledge on the curb - the books don't count when the miles are in the stratosphere.
  • rocksrocks Member Posts: 2
    Hello,

    I'm looking for a reasonable trade in value for my 2001 Golf GLS TDI/automatic. The car is very clean, 45,300 miles, black exterior and black velour interior with moonroof, alloy rims, single CD player. I've been watching these sell on Ebay on locally for about $13,500 and the dealer here in Detroit is only wanting to give me about $10,500. Should I hold out for more? I'm going to Chicago to possibly buy a 2004 Passat TDI wagon on Saturday. Passat dealer there is giving me $750 below sticker (MSRP=$28,315) and $1000 vw owner loyalty on a loaded Passat GLS TDI wagon with leather/wood trim and ESP. He wouldn't even quote a trade in price until he can see the car. I just don't know what to expect for my trade. Please help! Thanks
  • steine13steine13 Member Posts: 2,825
    I can't speak with a lot of authority here, but a LOT of the stuff that goes on on ebay is pretty hinky. My neighbor's oldest is dabbling in it, and his '93 Audi S4 has shown up as SOLD at least once, and somehow, he's still driving it.

    A little more than 1/2 of a new one strikes me as reasonable for nearly 4-year-old VW with 45k on the clock... in Rust City... this would sell in a heartbeat in the old country... but not for more than $11; Germans aren't sentimental about used-car values, but they love Diesels... $5.50/gal. BTW, REAL German cars have sticks...

    Someone who lives or works in Detroit has a long commute and wants your car. Clean the stupid thing up, make it look like a star, finish any service it needs, and sell it privately.
    Heck, put it on ebay if you want; it's not a bad venue and you will see a lot of $$, but watch out for the weirdos.

    Finally, a $3k spread between wholesale and ebay retail strikes me as about right. I would not drive to Chicago to buy a VW; that's just nuts.

    Good luck,
    -Mathias
  • rroyce10rroyce10 Member Posts: 9,332
    .......... Did I read that right, 4,200 miles ..?

                  Now is the time to be "turning and burning" T/A's, Z28's, Vettes, 911's etc ... 6/7 weeks ago these things couldn't buy steam off a Hotdog up north ..

                    If we don't have any paintwork and we haven't had the wonderful opportunity to visit any high speed guard rails, then trade side, in and around the $20ish figure (depending on the dealer) .....

                     Great vehicle for the next 20/30 days for Retail Rd, superb Ad, great detail and $23,9 *asking* then kick that bad boy loose for the first $22,5/$23,5, summers are short in your neck of the woods and so is the memory of these types, so don't get greedy or you will be using it for a planter come September and the winters are long and the money get's short .....

                   Let me know how it goes ...

                                Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ...... ** The Insurance co offered $6930 for the car , sales tax, and tag transfer fee. I took it **

                    I bet you spent days debating that one .l.o.l. great deal, thanks for the update -- you know I love those updates ..!

                                 Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ........ You will love that new Acura .. the bad part is they start breaking down when they get around 150,000 miles then you have to find a new one again ................ :)

               Thanks for the update ..!

                                 Terry.
  • rroyce10rroyce10 Member Posts: 9,332
  • rroyce10rroyce10 Member Posts: 9,332
    ......... Gosh, after reading Drifts post he was even bumming me out and I'm unbummable .l.o.l.

                   Burbs still get their money with Big miles -IF- they are still in Good shape and the service is 110% .. if the interior is all gaffed-up, the outside has rust, it's been hit by 30 or 40 AK47 rounds, you can see the air in the tires and the 4x4 is getting ready for a Sonny Bono, then it's not worth much ..... but *if* it's like you described in John Elway territory, then it's still worth a little jingle even with the huge miles .. trade side in and around the $3's maybe the low low $3's maybe the mid $3's depending on the dealer and how really -clean- it really is .....

                    Unless your living in some secluded area like Aka with the bears, chirping birds and the mongooses I would be sending this boy down Retail Rd ... Super duper Ad, great detail, fix the fixable and be at $5,900 *asking* and cut it from the herd for the first $4,5/$5,5 .. I'm not a betting man, but I have sent alot of Burbs up to the Rockies and I will bet this one won't last long: target figure $5large ............ :)

                                 Terry.
  • tskinnertskinner Member Posts: 2
    Yes, you are correct, only 4,200 miles. I haven't really used it a whole lot. I'm thinking of getting a new C5 Corvette...sort of trading up in class!

    No body work issues whatsoever...still has the new car look and smell.

    Thank you for replying...I'll let you know how I make out.
  • melcernutomelcernuto Member Posts: 1
    i would like to get an approx. value for my trade in. I have a Black 2001 Dodge Ram 1500 Sport. Quad cap..extra long bed.Totally loaded. Leather interior, power locks, windows, keyless entry, cruise control, power seat controls, tinted windows, cd player, off road edition, towing capacity, storage compaertment under back seat, step rails, the whole 9 yards... i have bought a hard cap for it as well. the truck has 65,000 of which 90% highway miles. We are not smokers. The interior is in suberb condition. The only wear and tear on the outside would be a few small dents in the rear bumber (from backing up and not being able to judge how close i was--oops) AND a small spot where pain in actually peeling off the front hood. about the size of a 50 cent piece. not sure why that happened...never been in an accident there. oh well. I want to trade it in...pretty soon and wondered what i might possibly get for it?? thanks.
    melissa
  • robr2robr2 Member Posts: 8,805
    Well Terry that makes sense on the FX's. Loss leaders are (were) exactly what you said they were. Push the ugly ducklings with a great price and get people in for what they really want.

    Sheesh $499 admin fee??!! Their Honda store I bought from only charged $99 last time I bought from them.
  • melmelmelmel Member Posts: 1
    2001 tiburon, colbalt blue, sliding sunroof, 5 speed, power windows, cd player, spoiler, good condition inside and out 48000 miles. how much can i get for it?
  • jan kjan k Member Posts: 2
    Can anyone tell me what we could expect for a 2003
    white mustang, pony package, tan leather interior,
    spoiler, premium sound, cruise, etc.
    It was in one minor accident, had rear bumper replaced. There is also a 5inch crack in front
    bumper. Has 12,500 miles. Inside condition
    is excellent. Thanks for your help.
  • jan kjan k Member Posts: 2
    sorry - it's an automatic v-6 and we live in Houston, tx.
  • bowke28bowke28 Member Posts: 2,185
    ok...we have a pony at pony time, with hides, a 6-pack, EZ-shift, with 12k on the clock. we also have a wing-and-a-prayer. im missing the outside color, but the inside is right for the region.

    we've been parking a little too close to the pole, and backed into one earlier.

    as long as its spotless inside and out, has deep rubber and hasnt been driven under a barbed wire fence, you could expect in the $11,0k range up to around $11,5k. a STRONG call might get you up to $12k, but that would be winning the lottery.

    down retail road, the paper says $14,9k, and you wave bye-bye around $13k-$14k.

    good luck and let me know.
  • chicagoskychicagosky Member Posts: 36
    Hi Terry,

    Could you advise me on the following?

    For Purchase at a Ford dealership in South Carolina:

    2003 Ford Taurus SES
    -Beige exterior and two-tone beige interior
    -Exceptionally clean, two shallow (approx. 1/2 inch) scratches on rear
    -21,000 miles-- previously privately owned, not fleet
    -all standard equipment and no extras (not the SES Sport five-seater, but the SES Standard with bench seat in front)
    -two new tires, two with at least 70% tread remaining
    -Clean CarFax
    -no extended warranty

    What should I expect to pay?

    Trading In:
    -1995 Saturn SL1
    -options are automatic, power door locks, cassette player, ABS and traction control, center console with lock, and meticuluously maintained floormats (not a stain on them)
    -beige with beige interior
    -nonsmoker; extremely clean
    -145,000 miles
    -brand-new, 60K mile tires
    -excellent condition with complete service record from purchase
    -tire covers are scratched up a bit
    -roof has three two-inch shallow scratches; hood has one one-inch medium-depth scratch
    -brand new alternator
    -no rust
    -everything (including A/C) in working order

    What can I expect for trade-in, versus privately selling? It's a good car, but I know it's quite basic.

    Thanks.
  • bowke28bowke28 Member Posts: 2,185
    based on our own advertising, you can probably get that car for around $10,8k-$11,2k, depending on the dealer. i cant put on here what ours are advertised for, but its in the same ballpark.

    the saturn, even in good shape, will only bring about $500-$700 if your lucky.

    i would offer $11k OTD for the deal and hold firm.

    good luck and let me know how it goes.
  • rroyce10rroyce10 Member Posts: 9,332
    Hey Al .. I don't have your location, plus when you open up the hood what size is that funny big part that's sitting in there .?

               .. I also need a better idea on the Ford - 2wd- 4wd- motor size, stuff like that ...

                     Anyway,

                            Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ......... Steine13 (Mathias) brings up some good points ..

                   $10,500 is about all the money for an 01 with 45k in that region of the country, actually $10,5 is all the money for any region, the "02's" with miles in the 15/20k range are hardly seeing the $13ish figure come trade side .. as far as Ebay, Cars R Us, Cars R Yu, etc, etc, $13,500 is a "retail" asking price, so you need to waddle down Retail Rd to see $12+, it's your call ................ :)

                                 Terry.
  • chow3chow3 Member Posts: 37
    Hi All, Getting Itchy with a 2002 jeep liberty sport Silver in South Florida with almost 40,000. Automatic, 2WD, power, cruise, tint, cloth. Nice reliable vehicle, but getting a little board and looking at the new jeep unlimited, Nice package. What might I expect retail or and come trade time on a new jeep.
  • rroyce10rroyce10 Member Posts: 9,332
    ....... Where do you park this dude .?

                               Terry.
  • chow3chow3 Member Posts: 37
    Jupiter/West Palm Beach Florida is Home.
  • lemmerlemmer Member Posts: 2,689
    I would like to trade my 98 Pathfinder for an 03 G35 sedan. The G35 is silver and has every option including XM radio. It is a six speed manual with 27,000 miles.

    The Pathfinder is a maroon XE, 2WD with 110,000 miles. It has the big offroad package of fender flares, alloys, and side rails. It has a power package, auto trans and new tires, but not much else. No paint work and the interior is clean and free of any significant damage. Both vehicles are parked in Birmingham, Alabama.

    At the end of January you told me my Passat wagon was worth high 15s to maybe the low 16s. Carmax offered $16,000, so your aim appears to be true.

    As an aside, how are RX-8s holding up in the used market?
  • mjfloyd1mjfloyd1 Member Posts: 3,806
    Terry,

    I remember a post a LOOOOONG time ago where you recommended Dash Auto Transport (?Big Mike?). Is this who you still recommend?

    Thanks,
    Mark
  • mikefm58mikefm58 Member Posts: 2,882
    I believe his Tacoma is a 4 cyl located in Orlando Florida, not sure about the Ford.
  • bwbbwb Member Posts: 12
    Hi
    Thought I would give ya some follow up.
    Sold my 1999 Odyssey EX with 88,750 mi. for 13K to the first party looking. (makes me realize doing a good detail job does wonders in selling a car) so far 3 for 3 in first time lookers buying. (the others were the Volvo 940 and Ford 350), Thanks again for your wonderful insight, Think will be sticking tight with our current rides.
    Brad
  • kyfdxkyfdx Moderator Posts: 265,429
    Do you remember the MSRP of your Odyssey? That looks like it brought about 50% of MSRP after five years and 88K miles!! Not a bad deal.

    regards,
    kyfdx

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • xanthos30xanthos30 Member Posts: 2
    Hiya, folks!
    I'm thinking about trading in my Durango to something a bit more fuel-efficent, and I'm wondering what would constitute a fair trade-in value.

    Specs:
    1998 Dodge Durango Sport Utility
    60,000 miles
    V8 5.2L
    Dual front airbags, rear ABS, towing package, AM/FM Cassette/CD player, driver's power seat, roof rack, running boards, Dodge Red color.

    The notorious ball joints were replaced 2 years ago, the brakes, alignment, shocks, and struts are all up to date, and it has has regular maintenance.

    The only VERY MINOR blemish is some faint rub marks on the top of the back bumper, where things have been slid in and out of the trunk.

    Kelly bluebook says fair to good value: $6500 - $7500. Whatchya'll think?

    Pete
  • dbgindydbgindy Member Posts: 351
    Terry will need to know if this is a 4X4 and what part of the Country you are in.

    Duncan
  • xanthos30xanthos30 Member Posts: 2
    Yup, its a 4x4, and I'm in East Central Illinois.

    Pete
  • bwbbwb Member Posts: 12
    yep, MSRP was around 27K. I agree, not bad depreciation.
    Brad
  • ghuletghulet Member Posts: 2,564
    My neighbor is going to cut loose his car ASAP and would like to know what it's worth, private sale. Not USA's most popular car, it is a:

    1994 Buick Skylark Custom 4-door sedan in Chicago
    Cubs blue with blue cloth, 100.3k miles
    3.1 V6 automatic, a/c, pwr wind/locks, tilt, working fact. AM/FM stereo no cassete 4 speakers
    Good=body excellent for an older GM in the city, could use a wax, but surprisingly, no real fading or thinness, no rust, no dents, no major scratches, all four factory hubcaps intact, very presentable for what it is.
    Interior also nice, no rips, no big stains, no funky smells, all glass good.
    Engine runs really well, recent major tune-up and OS, recent front suspension repairs, trans shifts fine, recent exhaust, matching BFG tires are at about 70%, if a bit scuffed
    Bad=air not ice cold, driver's power window is moody going up, locks are stiff from the outside (may fix locks or both if not too pricey)

    I know these cars are duds on the market, but this one at least has the revered V6 and lowish miles. I'm thinking any presentable, good running car made in the '90s should be worth at least $1500. Maybe he should ask $22-25 and take $15-2k from anyone with cash in hand? Whaddya think? Thanks.
  • dkuhajdadkuhajda Member Posts: 487
    $2K would be right IF the AC worked correctly (really cold) and the power windows/locks did not have its problem.

    Right now, consider any offer over $1000 as generous. Especially for an ASAP sale with the car as-is.

    He should get the AC up to spec and the sticky windows and locks fixed, detail out really nice, ask $2900 and send it loose for $2200-$2500.
  • bowke28bowke28 Member Posts: 2,185
    dont waste the money fixing the A/C. it will cost more than the increase in selling price.

    a nice detail should be all you spend on this beater. the buyer of a car like this will expect things to be wrong. get rid of it.
  • morehpmorehp Member Posts: 30
    So my folks just bought a new Lexus and it is time to say goodbye to old faithful...

    1993 Toyota Camry V6 LE (auto)
    Dark green with grey cloth, gold package
    150K big miles
    Cold a/c, all power options, am/fm/cass, ABS, tilt, cruise. Everything works except (after an unfortunate carwash trauma) the antenna won't retract the last 6 inches
    Mechanically all original with no known problems
    No major cosmetic flaws but a few small scratches and dings, one dime-sized spot of bubbling paint around a chip. No other rust and the paint shines. Interior very nice and clean (nonsmokers)

    It's a one owner with dealer service records from day one and lives in Chicago. Will be going "retail road." What say the learned ones?
  • jlawrence01jlawrence01 Member Posts: 1,757
    Om a lot of the older GM cars, at around 80-100k or 6-8 years old, the air conditioners need to be recharged with freon or its replacement. I would recommend that before the sale, the car is taken into a Pep Boys or somewhere and see if the system can just be recharged, It worked for me about two summers ago and no other service was needed.

    I agree that it is NOT worth any other AC work.

    Besides, who in Chicago really needs AC?? (g)
  • ghuletghulet Member Posts: 2,564
    Isn't freon illegal now, and as such, wouldn't the system needed to be retrofitted to R134a or whatever? How much does that cost? I know if it needs anything like a compressor or condenser or evaporator, those each cost almost as much as the car is worth. In any case, I haven't seen too many people freak out if the a/c on their 10 year-old, $1500-2000 car doesn't work, I think it's usually seen as a nice bonus IF it does.
  • steine13steine13 Member Posts: 2,825
    No, all of this doom-and-gloom with Freon conversions has turned out to be much less of a hassle.

    Once the system is empty, you just refill with R134a + some oil compatible with R134a. The kits are available at the supermarket and are cheap.

    The rub is in the word "empty", you can't just vent your system to the air... that is, you can, but it'll cost $10k in fines, IIRC. It's still perfectly legal if it slowly leaks itself empty.

    And authorized shops are still allowed to recharge with R12, and the prices have -- I think -- stabilized, because of shrinking demand. Around $30/lb, at least a year and a half ago. I'd just switch...

    -Mathias
  • jlawrence01jlawrence01 Member Posts: 1,757
    I said freon or its replacement. Probably for any car within 10-15 years old, you are talking about freon's replacement.

    I am no expert on the particulars of a car's repair, just trying to give some friendly advice of what has worked for me.

    As I said, if the system needs major repair, forget about it. But if for $50 it DOES work, it would be great to be able to tell the buyer it does work.
  • rroyce10rroyce10 Member Posts: 9,332
    .......... ** But if for $50 it DOES work, it would be great to be able to tell the buyer it does work **

             It's a 11 year Buick with lowish miles, try the $50 buck routine .. get the little darlin' cleaned up and do a nice little ad, then grab the $2,5ish for it and have a nice day .. the day of the "nice" cheapo $500 vehicle is loooong over ...

                   Good luck and let me know ..... :)

                              Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ........... There good, very good .. but they are mostly long distance haulers, give them a call and see what the deal is .....

                                Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .... ** At the end of January you told me my Passat wagon was worth high 15s to maybe the low 16s. Carmax offered $16,000, so your aim appears to be true **

                   What, do you think I make this stuff up as I go .? .l.o.l..

                         Anyway, it's a 2wd XE and it has the nice basics, about 110k, auto, rubber is deep and you say it's nice for the year with little or few kisses ... trade side, in and around the mid to high $4's, "might" "maybe" see the low low low low low $5's if everything goes your way and we have the proper alignment with Pluto ..

                  The G35 has a few miles on it for an 03 plus it's a meat clever, dealer probably dropped the $24/$25 figure in it, it maybe hit's the table at $26(?) with a CPO, he has to make a profit, so maybe $28ish ... whats he asking .?

                      04 RX-8's with 2/4/6k are rolling in and around that $25ish figure at the block .....

                          I hope this helps .......

                                      Terry.
  • bowke28bowke28 Member Posts: 2,185
    r-12 was discontinued after the 1993 model year. anything 1994 or newer already has r134a in it. anything 1992 or older has r12 in it. the 1993s are either/or.
  • mjfloyd1mjfloyd1 Member Posts: 3,806
    Thanks for the info :^) As an aside, what would be a good resale combo on a FX. I like the brilliant silver, but the graphite interior seems too dark, I haven't been able to see one with the willow interior - but this combo seems kinda wacky. Laser red with graphite int seems kinda funky too. That pretty much leaves the desert sand with the willow interior. Wadda you think?? (I know - it matters more what I think since I'm the one who would have to drive it and look at it, but I do value your opinion greatly).

    Mark
  • robr2robr2 Member Posts: 8,805
    Terry - I never said thank you for taking the time to call the kids at Herb Chambers to find out the deal on the FX35's.

    I can't wait to see this weekend's ads.
  • mjfloyd1mjfloyd1 Member Posts: 3,806
    I agree with robr2. Thanks for taking the time to uncloud the fx situation.

    Mark
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