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Real-World Trade-In Values

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Comments

  • akanglakangl Member Posts: 3,282
    Question for you and I swear its NOT for me. A friend is looking at some trucks (funny, we were too and pointed out a few that we saw along the way). Anyway, he's looking at a couple that originated (bought new there) in Canada, but are now here in Alaska. How bad does this hurt resale value? If its imported, everything converted correctly, is it still TMU? Just curious, I'm telling him to run, of course the dealers are saying the opposite.
  • a420a420 Member Posts: 2
    Hi Terry, another one for you
    Private party / trade in prices:

    2002 Tundra V8 4X2 Access Cab
    Blue exterior/ gray interior, 11000 miles, excellent condition, auto, abs, captain chairs, cd, air, running boards, bedliner, No scratches, dings, or smudges anywhere on it

    Located in Austin, Texas

    THANKS !!
  • steine13steine13 Member Posts: 2,825
    Guten Morgen!

    Guys, you're killin' me here. I'm over in the old country for a bit of vacation time, and bowke is dangling juicy Porsches for NO money 6 hours south of me... next time, gimme a call... $19???

    I say you need to find yourself a new store, that's not the first time your management has come up with some hinky "we only do what we know" type stuff. Sounds like your UC mgr needs to get a spine, or some other parts.

    Ain't the internet great?
    -Mathias
  • rroyce10rroyce10 Member Posts: 9,332
    ....... Mathias .! .. Mach Snell an Undersee boot ........ :) ..... you did this last year from the Fatherland, very cool, this internet stuff just kills me ..

                             Terry :)
  • rroyce10rroyce10 Member Posts: 9,332
    ....... (as Mathias would say) Guten Morgen! which means
     Good morning, or it might mean "get your fat mother out of the house" .. hmm, I should have never dropped this little translator gizmo in the water ....

                    But anyway ... Soooo, we have a 3/4 ton "Cheby" auto Silverado LS with loooow miles, we have a little Ecab action, it's a 4x4, we have the 6 litre, fancy wheels, deep rubber, spare is fresh, no burn em's, liner and Tonneau, good color for the area and you say it's nice .... good description thanks.!

                     Well if the paint isn't all swirled up, no practice sessions at the local Nascar, service is 100%, no repaints, no lets carry my 8 best friends to work everyday, a clean one .. then trade side, in and around the $17's, probably the mid to tall $17's and you might "maybe" see $18 if all is well in the universe ....

                          Good luck, happy hunting and don't forget to let me know.!

                                        Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ......... If your thinkin' of trading now is the time, it's summer up there and in another 8/10 weeks folks will be looking for 4x4's and your vehicle will become a faint memory ..

                        140k vehicles don't particually sell well .l.o.l. but imports will - "properly done" .. that means deep sneakers, a "come to Jesus" detail, a great 5 liner Ad in the paper for 10/14/21 days, not the 2 liner: car for sale 140k nice, that won't do it .. have all the service records ready, finish any service and do it right, $4,900 *asking* and get ready to cut it from the herd at the first $3,5/$4,5 .. ego kills most sales, so park it at the curb, remember it's a 140k 99 Eclipse not a 14 year old Rolex ........

                   Let me know which way the wind blows ....

                                  Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .......... Morning John ...... color is Right, miles are waaay low, bun warmers, moon, wood, Bozo sound, night blinders, yep it has all the junk .. ya know the deal, no runs no hits no errors ...

                          These are funny vehicles, in some area's of the country they get all the money because they're super popular, then in some areas they kind of go "blah", south of you in CA they get stupid money (of course out there, All cars get stupid money .l.o.l.) in the midwest they grab Tall Peso's, in the DFW area they kinda go ho-hum, down here we have them coming out of the woodwork, so this will be more of a guesstamation because of the area ... trade side, in and around the $25ish zipcode, the short miles, the color and the toys should save it ...

                        I will be interested in how it goes, so Don't forget to let me know .!

                                          Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ........ Now, over at the Austin City limits .. we have a 02 SR5 Tundra 2WD V8 with the Acab, we have low low low miles, auto, abs, boards, bedliner, quads, no-sale blue with grey guts and you say it's Excellent- no such thing, but I'm sure it's nice based on your description ....

                      If it's clean to the bone, then trade side in and around the the super ultra tall $15's low mid $16's, "might" maybe get a God fearing dealer to march close to that $17 figure if he has been going to church lately, but thats a big might, probably $16,5 would just about kill it with that blue color ... down the curvy path of Retail Rd, $18,900 *asking* and blow and go at the first $17,5/$18,5 .. you guys have tax difference advantage in Texas, right.? might be the better way to go ......... ;)

                                        Terry.
  • rroyce10rroyce10 Member Posts: 9,332
  • boomer1bboomer1b Member Posts: 316
    Dealer offered $19,800. So again your right on the money ! These trucks go for crazy money up here near the "land of honeymoons" !
    They had 2 other 01s on the lot marked $22900in no sale green.
      
    I can assume they sold my 01 already because somebody was test driving it while I was doing paperwork and they gave me a used 03 CTS to drive till Monday when my 04 is ready.

    BTW: The sticker on the window of this CTS w/ 36k miles and described like the one above is $26900. Nice car !

    Thanks much !!!!!!!!!
  • rroyce10rroyce10 Member Posts: 9,332
    ........... ** I swear its NOT for me ** ...l.o.l...

                 Actually, I'm a little surprised you haven't posted more about these ... I would "think", they would be a bigger problem in the land of the bears, than in other places of the country .. it kinda comes in spurts here, they seem to hit the NJ/Oh/Pa/Mi/WI auctions in droves, then they kinda go quiet for 8/12/14 months, ya know after all the lawsuits .l.o.l.. then it gets quiet again, people become aware of the bad purchase, dealers quit buying them and all of a sudden it starts all over again, there was Bunches of stupid Yankee dealers buying these about 15ish months ago and the Canadian dealers were in Hog Heaven, and why not .. they're being disclosed at the block as Canadian, the American dealers are paying $900/$1,200/$1,500 less per unit and the Canadian dealers are making $800/$1,500, $2,000 more than having them on their lots - what a deal.! ~ until the Sh** hits the fan and it gets quiet again .....

                          You hafta remember, nobody knows it's TMU until it's traded and/or serviced and that might take 20/30 months .. I would hafta check, but after the 1st of this year, only Ford would still cover the warranty and Bimmer (IIRC) til' 05, Chrysler and the rest have dropped the hammer on warranty work .. is it a good deal.? .. it's a good deal if you can pay *Half* of average retail and you know a great mechanic and you have equity in your home and your going to keep it and drive it for the next 55/65/75 months, then the resale becomes a mute point - and that "ain't you" .l.o.l................................... ;^}

                        I can't tell you how many CT/Maine/Philly/Buffalo, Green Bay, etc, owners that get that "dead mullet look" when I hit their $18,000 vehicle at $9grand, especially when they thought it was worth $21, it kinda screws up their trip to Disney World ~ because they DO get Goofy ..! ...... l.o.l..........

                                              Terry.
  • jitenjiten Member Posts: 1
    Hi Terry,

    I am a new member of edmunds..also a new member in buying used car..this wud be my first car purchase.
    I am looking at NISSAN MAXIMA 2000 sedan, v6 with 44000 miles on it. What shud be the price for it??

    The guy is asking $11,000. Please le me know if Max 2000has any drawbacks in it.

    Thanks a ton.....Jiten
  • lichtronimolichtronimo Member Posts: 212
    PRIVATE PARTY SALE:

    Minneapois Area

    1997 Accord SE
    Heather Mist over Ivory cloth
    87000 miles
    auto
    moonroof
    single CD
    cruise control
    power windows/locks
    aluminum wheels (not in the best condition)
    20000 miles on tires
    Some exterior blemishes, but clean overall.
  • tmylynntmylynn Member Posts: 3
    What would the trade in value be on a the above car. It is the LT and has the touring package and surround sound with cd changer. Also, it has the upgraded wheels. There are 23K miles on it and it is in great condition.

    The color is blue with beige leather interior.

    Thank you!
  • seank2seank2 Member Posts: 79
    Terry,

    This is one for my stepfather, after driving the wife's RX300, he has decided that he must have one. So, his trade/private sale is:

    2000 Honda CR-V EX
    60,000 miles
    auto
    4 wheel drive
    all other standard EX goodies:
    AM/FM/CD
    ABS
    alloys
    no slider or roof rack
    Electron (very bright) blue over gray cloth
    Shoes are about 75%
    in Columbus, Ohio all its life, so 4 years of winter.
    What say the master?
    Thanks as always.
  • rroyce10rroyce10 Member Posts: 9,332
    ........ Bud, I need some "real" info, don't make it like a blind date ...

    Year

    Model

    Color

    Options

    Miles

    Tranny type

    Accidents

                      In your case the Maxima comes as a GXE GLE SE, some have leather some don't, some have a spoiler some don't, some have a slider some don't, some have a manual tranny some don't, some come in beige some don't, some have big dents some don't, some have small miles some don't, some have a cd some don't, some live in Butte Montana, some don't ~ get the picture .?

    I

    N

    F

    O

                                   Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ........ In the land of the Vikings .. we have a 97 Hoooonda Accord SE (4dr, right.?) color is good, the miles are low for the year, auto, slider, cd, wheels and we have some Wal Mart hits and the tires are ho-hum ....

                         If, all the service is there, no drive by's, the interior doesn't have that shotgun effect, cold breeze, basically a nice vehicle and it looks and drives like a 01, then down Retail Rd ~ super duper detail (that doesn't mean the local Swirl o' matic car wash) spend a few bucks or your 2/3 hours, put in a Nice 5 liner Ad (that doesn't mean the local Nickel paper - nice car for sale xxxx) finish any service (that doesn't mean adding washer fluid) do it right, $6,900 *asking* and say Sayonara at the first $5,5/$6,5 .. I'm not a betting man, but $5,9 might be the target price, but remember - Cash Talks and do-do walks - and don't forget to park the ego ................. ;)

                                           Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ......... These CR-V's still get stupid money, especially in Oh-he-ho ... miles are low for the year, no rack no slider, folks like those racks (it kills me today, folks with their $1,500 bikes stuck straight-up and busting down the hiway at 80mph - me, I'm waiting for them to go busting thru my windshield) EX auto, we have the wheels abs, color is kinda tuff, stoppers are good, in the home of the Buckeyes ...

                            No rust, no oh oh it's Maaco, 60k service and all is good with the world - then trade side, in and around the ultra tall $9's low $10's, might "could" see the mid $10's depending on the dealer, no slider and that psychotic blue might hold it back though .... down the path to Retail Rd, ya know the deal - $12,9 *asking* and off it goes to one of those cute cheerleaders from OSU for $11,5/$12,5 ................... :}

                               Let me know ......

                                       Terry.
  • akanglakangl Member Posts: 3,282
    Had a very serious chat with the lady at our bank and by the end of it we've decided to keep the Dodge and pay it off. She's right, its silly to trade it in. Not only would we lose a bundle, but we would increase our debt all in the name of getting a new truck, seems kinda stupid when I think about it now.

    Called our Ford salesman and told him we changed our mind and would not be picking up the F-350. Wish somebody had smacked me years ago.

    Holy cow, just realized we've had that Dodge for 8 months!
  • lancerfixerlancerfixer Member Posts: 1,284
    We've been swinging at you in here with reason baseball bats (heck, I think Mathias even shot some reason particles at you at velocities approaching c,) and you hadn't noticed... :-)

    Seriously, now that you're keeping it, would looking into a heavier duty rear end (since this seems to be an issue when towing) be feasible?
  • jlawrence01jlawrence01 Member Posts: 1,757
    Just a point of curiosity ....

    Does the lower acquisition cost in the Canadian market translate into lower used car prices in Canada?

    For example, would a Chevy Impala with 80k km in Windsor, ON go for significantly less than a Chevy Impala with 50k miles??
  • kensingkensing Member Posts: 4
    Looking to trade in my car

    2002 Mazda Protege ES 4 door Red Mica (burgandy)
    New York City Area
    11K miles
    No accidents
    Moonroof, Automatic, Alarm
    Interior: Excellent
    Exterior: Many scraches on bumper. Couple small short scraches on body. No dents.

    I was offered $8000 for my trade in which i thought was too low based on the various price guides which had it at about $9000. What do you think is the fair value...Please help. thanks,
  • espinosa24espinosa24 Member Posts: 3
    Thinking of trading or selling our van. Just dont know what the fair price would be.

    Color:White
    Dark Gray Leather seats, heated. Super Clean interior, no stains or spills whatsoever.
    Mileage: 26,000 (today)
    No outside marks, shiny paint no exterior blemishes present.

    Dealer options, Luggage rack, Cargo Tray, Full Odyssey bra.

    Now to the good stuff.
    Audio/Entertainment system.

    I have a full Pioneer system in the vehicle. To include. One flip out headunit monitor, including DVD navigation, XM radio, Video inputs, etc. I have 4- 6.5 inch headrest monitors installed into leather. 4 wireless headsets, and a switcher that allows for PS2 or other system on the go gaming, PLUS the switcher allows each screan to run independently and everyone can do something differently...all while we dont have to hear a thing. You can run XM radio, navigation and a DVD or Game all at the same time. I also have a 10 inch kicker subwolfer in a custom bandbass box, and an amplifier to back it up. All interior speakers where upgrades to top line Pioneer as well. The install is very clean, and all the Honda seats work as they should. i.e center row seating still can move from captians to bench and rear bench can still fold down. Totally a custom install done on this one.

    As of tuesday this next week I will also have the entire woodgrain kit installed in the van as well. This is garaged most of the time, and especially during the one snow season weve been here. We originally purchased this vehicle in CA in 2002. We moved to IL just before last winter, and bought a Rodeo so the Ody could stay in the garage. :) ALSO...I am religous on maintance schedules, and have all HONDA receipts for this. Oil changed every 3 months with out a doubt also by honda only.

    Anyhow, any feed back anyone could get me would be greatly appreciated. This is defianately not your average mini van, and this is why I need help in figuring a fair for all parties price.

    THANKS again,
    Lee
  • akanglakangl Member Posts: 3,282
    Yup I know, I been kinda oblivious to all the beatings I'm taking in here. You guys are right though, we don't need another new truck. *ack* Did *I* just say that???

    As for the rearend, we are just going to go with what it has until it dies.

    The catalytic converter will be fixed tomorrow or monday, couldn't get it off the truck tonight, too rusted on.

    Now back to our travel trailer dream. Course that's not nearly as much money as a new truck. There's other reasons for it to that make tons of sense, namely being able to escape the smoke when it rolls in every summer......my daughter can't be around smoke at all. Not justifying, just stating facts, her dr actually suggested it.

    Speaking of smoke, we've got fires going everywhere, its a bad summer. Smoke rolls back in like it was and little one is going to be going to Grandma's house for a few weeks.
  • corvettecorvette Member Posts: 11,274
    >>>The SC430 is for a friend. He loves the car, but doesn't love the upkeep.<<<

    Upkeep on a Lexus? I thought those were like my Altima, just change the oil every 1/2/3 years and replace tires when they wear out...
  • bigsam2000bigsam2000 Member Posts: 5
    Terry -

    Thanks for the response in the finance fourm. Here are the details on the stang:

    Year: 2002 Ford Mustang GT, Vert, 5spd
    Miles: 30,500
    Color: Triple Black
    Condition: Good (Needs a new set of rear tires)
    Options: 6 Disk CD Changer, Front Side Airbags, Leather, Buillet wheels, cruise, power everything, flow master exahust, ABS, No major mechanical defects or visual blemishes , spolier, AC, Bose Sound system, traction control.

    KBB gives a trade in at $14,950 - Priviate Party if $ 17,395

    I think real world I could expect $16,000 - $16,500

    As for the STI: If a 60 mo finance is a good deal for the STI - What strategy would you use to lower the monthly payments, dealer is quoating 558 on a finance....3K down.

    Thanks again for the insight and help!

    Sam
  • rroyce10rroyce10 Member Posts: 9,332
    ...... ** but doesn't love the upkeep ** ...

                          Ya know I wondered about that, but I forgot to ask .. what upkeep.? the oil changes every 3,000 miles or the "getting on your knee and checking the air pressure every 6 months deal" or it's black, probably doesn't like to keep it clean .. ? what a trauma.!

                              Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ......... Actually some of us were waiting for a direct hit from a meteorite, a few were hoping for the "Lady of Lourdes" miracle in your backyard .. but hey, the bank thing works .l.o.l.

               Before you get all nutso on the travel trailer, I hope your looking used .. these things have the resale value of 4 day old Kimchee ...

                                Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ........ If I understand your question correctly - yes.

                                Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .......... Location..? ... your lucky I was ambitious enough to look at your profile AND I haven't had my coffee yet ..!

                          We have 23k on this LT thats from the wonderful state of California, hows are boy Aaarnold .? .. we have the tunes, short in miles for the area, tall in miles anywhere else, we have the blue thing going on (sky blue?) with the tan guts, we have the wheels and the tour pack .. if it's super clean, no repaints, no soccer Mom interior and the service is 100% - then trade side, depending on the dealer, in and around the mid/tall $30 figure, "maybe" get a dealer to struggle to the $31ish range if it's reeeally nice .. actually I'm driving the twin to it, 6,700 miles, tour pack, sky blue, propus wheels, beige guts and top .. nice vehicles.

                          Let me know how it goes ..!

                                   Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ........ Good morning Sam ..
                 
                       Okay, here we go, got your seat belt on ..?

                   Triple black in Hotlanta -Yikes- no help, 30k ho-hum, needs some sneakers, we have the tunes, side balloons, handshaker etc .. nice vehicles and in demand, at least til early fall, this one has to Clean, low in miles, knee deep in rubber and has to have that day-glo "look" a/m stuff is a no-counter .. trade side, your lookin' down the barrel of the high $14's low $15's .. dealers are paying the lowish $16's for the "baby dolls" with miles in the 12/15/18K range *if* they need -0- ....

                   Down Retail Rd, new round things, superlative detail, great 5 liner Ad in the Atlanta paper, $17,900 *asking* and away it goes for the first "real" $16,5/$17,5 .... see what the dealer will "really" do, work off invoice plus 3%, figure your Stang for $15,0 plus the taxes and flea's, then add the pay-off .. strong credit should get you 3.9/4.9% for 60mo - "I don't think" there is a factory finance deal on the 05's, but check and see .....

                     I hope this helps .....

                               Terry.
  • cusafrcusafr Member Posts: 184
    I believe you said you had to pay for the repair of the converter. IIRC emissions warranties are good for 7 or 8 years on most vehicles. Have you checked your warranty book?

    CUSAFR
  • casualfccasualfc Member Posts: 13
    Here's a car I've been looking at to replace the thirsty Jeep:

    '00 Corolla CE, beige, 61K, in NJ
    power windows, doors, AM/FM/CASS/CD, ABS, mint condition

    asking price is $6700, what do you think?
  • jlawrence01jlawrence01 Member Posts: 1,757
    I guess was that if you are a *used* car buyer buying a car *OUT OF WARRANTY* so that is not an issue, you COULD take advantage of the difference in pricing as long as you are willing to accept that the car has less resale value.

    Umm, interesting.

    (No, I am NOT looking to buy a TMU from a dealer. But my brother works in Canada several weeks a year and ...)
  • carlover1carlover1 Member Posts: 1
    I have an Audi A6 Year 2000, 2.7 T biturbo engine excellent condition. New original Audi battery. Service and oil changes in time.

    These are the specs..

    Audi A6-2.7 year 2000 4 Door Sedan.

    Engine: V6 2.7 Liter Turbo
    Trans: Automatic
    Drive: Quattro AWD
    Mileage: 59,300

    Equipment

    Air Conditioning
    Power Steering
    Power Windows
    Power Door Locks
    Tilt Wheel
    Cruise Control
    AM/FM Stereo
    Cassette
    Single Compact Disc
    Premium Sound
    Dual Front Air Bags
    F&R Side Air Bags
    ABS (4-Wheel)
    Traction Control
    Leather
    Dual Power Seats
    Moon Roof
    Alloy Wheels

    Please suggest what should I get for the trade in value of this car.

    Thank You,

    carlover1
  • livinginsclivinginsc Member Posts: 7
    Terry:

    Any and all help is greatly appreciated! We are thinking of trading in our van which is in great shape but has high mileage. We tried last year and got disgusted with the steal tantics of the dealers, have finally gotten over that and figured we would try again. Here's the info:
    Year

    2000 Plymouth Grand Voyager SE
    Gold (E) / Beige (I)
    AM / FM / CD
    Integrated Child Seats
    Power windows and locks
    Dual Sliding Doors
    Rear Air Conditioning
    Roof Rack
    Overhead console (compass, trip odometer, etc)
    137,000 miles
    V6 3.3 Flex Fuel (whatever that means)
    Couple of scratches on the driver/passenger door (child thought he was Picasso)
    Other than that car is clean and in great shape.
    Edmunds and NADA show trade in value should be between 5 - 6K. We've already gone to one dealer who said it was only worth 2.5K and he could show us retail to retail or wholesale to wholesale, what were they talking about?
    Most importantly what is the van really worth?
  • steine13steine13 Member Posts: 2,825
    Forget the "books" on a high-mile anything. My guess is the 2.5 is right on, and you should be selling it on the street for cash. Should might could see close to $4 for the van... if it really looks and feels like a 2000 with 1/2 the miles.

    The dealer really does not want this sled and will probably wholesale it off. Steal Antics my foot; they're doing you a favor at $2.5...

    The market is very slim on these things; private buyers with cash who don't drive a lot of miles and want a deal. I belong to that group, and with DC's history on transmission and other woes, I would't be interested period. At 137k, this puppy is going to cough up a major component every three months... maybe not, but that's the expectation...

    Always happy to help adjust expectations,
    I remain
    -Mathias
  • lancerfixerlancerfixer Member Posts: 1,284
    Way to let him down easy.

    :-)
  • akanglakangl Member Posts: 3,282
    The Dodge dealer looked up the VIN on the truck and anything over 10k GVWR only had 5 years/50k miles. The truck's inservice date was 3/5/99. OUCH, lol.
  • akanglakangl Member Posts: 3,282
    We are looking at the used side too, but dang oh my, those things are expensive used. We looked at a nice (not perfect) 2000 Jayco travel trailer, was a bit too long for the Titan, but still, they wanted $17k for it. The 2 we are looking at aren't much more than that new. One is a Fleetwood Wilderness Yukon 24BH ($24k MSRP) and the other is a Keystone Outback 25RSS ($23k MSRP).

    We are very limited by the Titan's GVWR as to what we can have tongue weight wise. We have to keep to under 500 lbs dry tongue weight to stay safe, then there's the GVWR of the trailer, don't want to be over about 6500 lbs, oh and don't want it to be too long. AHHHHHHH, too many things to think about.

    I'm sure glad we didn't just jump on buying that F-350 and really thought about it, would have regretted our decision for sure. I was under the Dodge last night, that truck is still very new looking and has no leaks. Should last him a few more years.
  • livinginsclivinginsc Member Posts: 7
    Mathias:
    Can you explain the retail to retail or wholesale to wholesale talk? The dealer would not be doing us a "favor", the car is in great shape, has never "coughed" anything up other than tires and a battery once. We see these vehicles sold in this area for $5 to 6K all the time, I know the mileage is a factor, but $2.5K? Come on!
    Living in SC
  • steine13steine13 Member Posts: 2,825
    What the dealer is telling you is that they'll pay you wholesale value for the van and sell you the new one at invoice.
    Or they'll be happy to show an 'overallowance' on the trade, and sell you the new one at sticker.
    I think.

    Secondly, neither you nor anyone else who isn't a car dealer is 'seeing these vehicles sold [..] for $5 - 6k'. All people ever see are asking prices, and there is a lot of give in those. Terry can tell you what it's really worth, but I think I've got it right. And like I said, I personally wouldn't touch it for over $3, and probably not at all.

    Steiner's rule of selling used cars: 'nobody has to buy your car, you have to make them WANT to buy it.' And that means price.

    Good luck, and let us know.
    -Mathias
  • jlawrence01jlawrence01 Member Posts: 1,757
    I agree with Steine. First, there is a very limited market of those who will buy a minivan with 137k miles. Once you head much over 100k, the number of buyers (even at a low cost), will drop off immensely. There are some exceptions - Honda, Toyota, etc.

    Second, the Caravans have a history of weak transmissions. Over the years, I have had more than my share of Caravans and Voyagers and have replaced my share of transmissions.

    Finally, the "book price" of vehicles tend to less accurate the further you get away from normal annual Milesage (12-18k). Try buying a 2000 popular model with 10k miles at anything close to book. Try selling a vehicle with 130k miles at book and you'll see what I mean. Been there, done that more times than I care to.

    IMHO, you have two options. First, drive the sled until you have a major component failure (engine, tranny, etc.). Second, sell the car on your own. Once you advertise the amount of response (or complete lack thereof) will let you know where you stand.
  • driftracerdriftracer Member Posts: 2,448
    there's not a regular retail dealer, anywhere, that would clean up, service and front line sell a 137k minivan. It would be automatically wholesaled, with the dealer hoping to get whatever number they put into it, and then would go to a private used car lot or a buy here/pay here place.

    They can't warranty the vehicle, guarantee it in any way, you can't get financing on a vehicle with those miles...lots of factors.

    That's a vehicle I wouldn't consider trading in for the facts shown above - sell it privately.
  • dkuhajdadkuhajda Member Posts: 487
    Everything everyone else has been saying is on the money.
    1. No front line dealer will even touch selling that minivan, it is destined to the buy here pay here or budget corner lot.
    2. No bank will finance on it with those miles, only a high risk lender or buy here pay here.
    3. All the guides are very inaccurate when you have higher mileage or older vehicles. Condition varies so much on either the guides virtually always are in error very high.

    As to your vehicle. $4,000 or so, $4,900 ASKING, is a private party retail out the door number. $2000-$3000 is trade side, low side if there are even the slightest defect or issues, high side if it is near perfect and would need ZERO for sale on the buy here pay here lot. Since that vehicle is probably destined for a buy here pay here lot, why not shop it around to them for a cash sale. Then you will really get a better idea of what it is worth cash money.

    FYI we had a "fleet" 1999 just like yours, high miles 128K, overall good condition, well equipped, was a delivery vehicle for a local area flower company, ALL severe duty maintenance was performed on time. BHPH price $3,900. The dealer that took it in on trade called us the day they traded it in on a new Caravan, needed basic detail clean up, tires, and check up, total on the lot investment is less than $2500, $$$ value shown on our books. Sold early this summer in under 3 weeks. Plus the interior smelled really flowery... LOL..

    When Terry gets caught up to get to your posting, he can give an up to date wholesale/trade amount.
  • isellhondasisellhondas Member Posts: 20,342
    Jolie,

    Why is it when WE give you advise you toss it off but you listen to your banker??

    FINALLY!!
  • corvettecorvette Member Posts: 11,274
    White exterior, grey interior. ABS, side balloons, automatic, CD player, tilt, cruise, power stuff, trip computer, leather steering wheel (cloth seats), 46,000 miles, in Lexington, Kentucky. Interior is in good condition, which brings me to the exterior:

    - Hail damage repaired on roof, hood, and trunk, still noticeable if you look very closely.
    - $100 in sanding and glazing to remove swirl marks on roof, hood, and trunk.
    - $1000 damage to right side in sideswipe collision. Repaired, but there is a lot of overspray and just a hint of orange peel to the repair. And some tiny blue marks on the rear quarter panel.
    - $500 damage to rear bumper, rear bumper cover and impact absorber replaced. Paint color is off if you look closely. Same body shop that did the last repair. I'm not going back there!

    Exterior is in good (but not excellent) shape except for the shoddy repair work. New Michelin tires in rear, half worn Continentals in front. I'm just looking for a hypothetical value here on what has become my daily beater. Cosmetically it's in worse shape than my cream puff 1999 Jetta was with 90,000 miles on it! Thanks!
  • akanglakangl Member Posts: 3,282
    I dunno. Look on the bright side, least we aren't buying a new truck, so we listened to someone finally.

    Roughly 6 mos and the Dodge will be paid off, I'm looking forward to the extra $1100/mo (actual payment is $500, but we pay extra), add in the tax return and we should have that debt gone by April. That will be an amazing feeling!!!!
  • livinginsclivinginsc Member Posts: 7
    I appreciate everyone's input on this, I have printed up flyers and will post up at the supermarket, local Mexican restaurant, in hopes that perhaps one of the many migrant workers in this area picks in up to haul workers to / from the fields. We have already decided to try to sell on our own for as much as possible. If we are not successful we will probably keep and perform a major tune up until it is paid off, only 1 more year. We had a simliar situation when we sold our Saturn SL2 4 years ago, car was in excellent shape but had approx. 110K miles on it. We were fortunate and found someone who gave us enough to pay it off. That car is still running fine, no major problems.
    One more question if I may, because of my daily commute (85 miles / 5 days a week), my next purchase will be either a Volvo S40 / Envoy / Highlander, of the 3, which will retain it's value the most, when, in 4 years I'll be wanting to change vehicles and it has 100K miles on it?
    The price we pay to live in the country.....
  • butchbr73butchbr73 Member Posts: 325
    .....my next purchase will be either a Volvo S40 / Envoy / Highlander, of the 3, which will retain it's value the most, when, in 4 years I'll be wanting to change vehicles and it has 100K miles on it?....

    i think thats an easy choice... Yota's do much better than most w/ respect to high mileage....anything domestic, you'll get killed (as you are witnessing)
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