Real-World Trade-In Values

tulirox · August 2004

Would like to trade in a 2003, Ford F-150, Supercrew, Lariat, FX4, Two toned red over beige, beige interior, 9 months old, 12,000 miles, bed extender, very clean. Currently in Oklahoma City, Oklahoma 73102.

amyash · August 2004

Hi. I'm in Queens/Long Island, N.Y.

2002 Subaru Forester S Premium
21,000 miles
4 cyl auto
red exterior/tan cloth seats
moonroof, alloy wheels, 6 disc CD, rear spoiler, front brush guard, keyless entry, many other xtras (part of S Prem pkg)
no dents or dings, minor paint chips (from rocks kicking up, etc.)

Thanks.

boomer1b · August 2004

To settle estate :

Trade value only is fine:

99 Buick Skyhawk
2 door
4 cyl. auto.
19,000 miles.....YUP 19k
white/grey cloth guts
AC and all the power goodies
New tires....Old ones rotted off !
Not a scratch in or out !
Located in Syracuse NY

Thanks !

woodyww · August 2004

A few years ago I looked at a then 10 y.o. Cherokee at a local small dealer. He was asking $7K-ish, which was nuts; it was probably worth about $5K as I recall.

But worst case, your buddy pays 9 or 10K for this thing, & in 5 years it's still worth, what, $5K? How can you beat that?

Too bad you can't find a lower mileage one. I think you can purchase an ext. warranty from Chrysler if the vehicle is still under warranty (don't know if you have to buy the vehicle from a Chrysler dealer). Wasn't that expensive when I last looked into it.

Does it have alloy wheels? Those Cherokees can look pretty sharp, & probably "go anywhere".

Woody

rroyce10 · August 2004

.... It's just a base Fleetwood with a hand cranker, spare, heater, 10ft, no water heater, no gen, plus folks buy these 10/12 footers and blow out of them after a few times at the ol' camp site ... I betcha he doesn't have much more than $3,0/$3,5 in it, .. these things have the resale value of 3 day old Chinese food ...

**The lady tried to tell me that they could sell it for $7500 all day long in the spring** .... true story, but it's not spring, you need to be on the hunt from October thru March/April - do you know what yankee dealers like about these come winter.? -- nothin'.!

Terry.

volvodan1 · August 2004

A Skyhawk in 1999????

boomer1b · August 2004

1998 Skylark.......

Its been parked in the garage for months.
.........

rroyce10 · August 2004

....... True, the miles save it with 50k, if it's clean, no rust, knee deep, cold breeze, etc, etc ... dealer "might" have the tall $7's, low $8's, could have marched up to the mid $8's, it's a little early in the year for that, but you can't get em' or find em' .........

Terry.

rroyce10 · August 2004

99 Buick Skyhawk ---
2 door
4 cyl. auto.

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

              You mean a 97ish ..??

                            Terry.

rroyce10 · August 2004

...... I have a 6 am flight, so I'm going to bed .... so everyone have a good week.

Aka - stay away from the car lots ...

Drift - no fighting with the patients ...

Mathias - particles are your friends ......

Terry ;-)

307web · August 2004

If I were to purchase a 2001 XJ8 Vanden Plas with 45,000 miles and drive it for 2 years 30,000 additional miles, how much resale value would I expect to lose for the 2 years of age and mileage?

corvette · August 2004

My ex ran off with my crystal ball, so this is going to be like killing a fly with a shotgun...

If you buy it now and don't overpay, you can figure on losing "about" 20% per year, compounded annually, if the car stays in good condition. So, if you paid $35k for a car, it would lose $7k in the first year and be worth $28k. The second year, it would lose $5600 and be worth $22400, give or take... To keep a Jag in good condition, you will have to keep up with the maintenance and repairs, which may also be taxing on your wallet. Don't add sales tax on the selling price (e.g. $35k), it's a sunk cost.

akangl · August 2004

So in other words a $4k offer isn't out of line.....guess I'll go do that on Wednesday if the dog is still there. What's the worse the lady (and I use that term lightly) will say?? No? Oh well, I'll just get the ole manager on the phone and see if he wants to move this puppy or not. Hey they can winter it and let it depreciate, I don't care.

We looked at new ones today, looking at $11,200 OTD on a Jayco Eagle 10SG no water heater, just the usual stuff, heater and all.

Its fall time and the dealers are gettin' hungry, if nothing else we are headed to Yellowstone in the spring and can buy in the states.

turboshadow · August 2004

I'm getting ready to send the Shadow down retail road. Its a 91 ES Turbo, around 110K miles (broken odo) typical Chryco paint from the era, no heat and AC. Handshaker, 2 door hatchback, good strong daily driver. I'm thinking of asking $1000 and taking the first 750 cash.

Am I in the ballpark?

Turboshadow

sbmyers · August 2004

I would like a trade in value on the following:

2003 Volvo XC70
29300 miles
Automatic Transmission
A\C
AM/FM/Cassette/CD
Automatic Dimmer
Automatic Stability Control
Leather
Power Moonroof
Dual Power Seats
Traction Control
Trip Computer
Ant-Theft
Clean to Outstanding Condition

Thank you

kyfdx · August 2004

Hmmm... for me, you'd have to take a zero off the end of those prices, but it seems that anything that runs well has to be worth at least $500. I'll be interested to see how much it brings.. How about asking $995? That works on my wife.. She drops all the extra numbers when telling me how cheap things are.. LOL.

tornado25 · August 2004

Good description, but Terry will need to know where this thing lays its head.

pwned · August 2004

Red with 3 door dings, otherwise clean. Tires good, around 15,000 miles. Newer brakes. No major problems. All options incl added $600 CD player/amp/speaker combo. No roof rack. Cleveland, Ohio area, private sale.

I know the miles hurt....

Thanks!

anonymousposts · August 2004

steine: I was thinking about nice cars around $10,000 and thought of the following:

1995-1996 Lexus GS300 - RWD, nice, reliable, they guzzle gas though

1996-1998-ish Infiniti Q45

maybe even a G20t .. 1999 or so.

driftracer · August 2004

I'll jump in here while Terry's at Sturgis...

Good color, easy to sell, assuming an automatic? Trade side is around $4,800-5,200, retail, clean it up purty and ask $7,995 - the miles step in front of your ego, let it go for the first $6,800-7,200...

Read post #20851 in case you're relying on the books as the gospel when picking your numbers.

sandman46 · August 2004

Isn't this car really a Nissan Sentra underneath? I prefer the G20 to my Sentra, but I got a pretty good deal when i bought mine last year, and aside from the poor mileage and 2 warranty issues, the car is a pretty middle of the road economy car.
Just sorry the Mazda 3 wasn't outlast year, I would've prefered it hands down.

The Sandman :-)

steine13 · August 2004

1998 was the first year, and they were all auto.
We have a 7-year old Honda with 113k, and you think it'll do $5 on trade?

It may well, these have always been extremely strong; they're on my "buy new or forget it" list.

Don't people understand that it's stupid to pay $7 retail for a car with that age and mileage? It's like those darned fs pickup trucks that people ask $7,900 for when they're ten years old with 130k...

-Mathias

driftracer · August 2004

not a retail piece, but them, my old Honda store has sold a 240k Accord with a 90-day warranty.

And people will pay silly money for anything with a Honda badge - proven many times over.

kyfdx · August 2004

Actually, '97 was the first year (all automatic), and you could get a stick in '98. (At least, I think I was rowing my own gears..LOL).

regards,
kyfdx

steine13 · August 2004

Yep, '97 was the first year. Sorry. You guys have no idea how hard it is to type with your head hanging down like that...
Chagrined -m

sbaker · August 2004

Actually, the Infiniti G20t shared little with a Sentra. It had the same engine as the last gen SE-R. But, that was about it. The ride, handling, and interior is a significant upgrade from any Sentra of the same vintage. Not to knock the Sentra but, the G20t looked a whole lot better (IMO) as well. As a used car best buy, check any CR issue for the last 10 years. You'll find the G20 a top pick based on it's reliability ratings.

anonymousposts · August 2004

We had almost had an opportunity to buy a 98 CRV LX AWD 5-speed but were a couple of days to late and it was already on hold. Would've loved to have it as it is a very rare CR-V.

kyfdx · August 2004

Rare, because it is an LX?

anonymousposts · August 2004

No, rare because it is a AWD 5-speed. We haven't seen too many of these here in Atlanta as everyone here prefers automatics because of our long commute times. And even the manuals I have found turn out to be FWD.

kyfdx · August 2004

I had a '98 EX 5-speed, and I didn't think they were all that rare, but then again, I don't live in Atlanta...

If you look for EXs, then you know they will be AWD... A little more money, but worth it for the standard CD player and alloy wheels.

regards,
kyfdx

bowke28 · August 2004

2 years ago, we traded for a '97 (first year) with 153k on it. we got an ACV of $5500.

sbmyers · August 2004

Thanks for the correction. Since I am too late to edit the post, I will re-enter with the correct info.

sbmyers · August 2004

I would like a trade in value on the following:

Cumberland, Rhode Island
2003 Volvo XC70
29300 miles
Automatic Transmission
A\C
AM/FM/Cassette/CD
Automatic Dimmer
Automatic Stability Control
Leather
Power Moonroof
Dual Power Seats
Traction Control
Trip Computer
Ant-Theft
Clean to Outstanding Condition

Thank you

peterdh2000 · August 2004

What could I get for a:

1998 Nissan Altima SE
white out/gray in
"rare" 5 speed manual, 78k
moonroof option
leather package option
no ABS

very clean and shiny in/out, everything works, no tears in the seats. body excellent but for a 2" dent above the nissan emblem on the trunk, and a scuffed up rear bumper from parking.

all books, timely maintained w/all records, 1 owner, no accidents.

Rests its head in Seattle, 98103 or thereabouts.

This is a great service. Thanks in advance!

chrisbgood · August 2004

Here's my feedback Terry --

You said mid 17's to low 18's for my 2003 mini cooper, indi blue, all three packages (cold weather, premium, sport) -- a great ride but small for me -- 20,800 miles. I currently owe 15,155.22

I was shooting for a 3 series but...

The car: New 2004 Passat 4motion, 1.8t, Tiptronic, Cold Weather package, Telemetrics, dealer added wood trim package (hoping I don't regret that -- it was on the car). Black with anthracite interior. The list price 28 and change.

The deal:

Out the door at 22,306 out of me (payoff of Mini is included, of course). Contract is signed, pick up the car on Monday.

Hard to tell how well I did -- Edmunds TMV was about 27 and change. I don't think it's a sterling deal (never is in hind sight) but it was low pressure. I think if I'd have went hard nosed I could have done it at 20,000 (I always think that when it's too easy) but it was close enough for me.

tulirox · August 2004

Would like to trade in a 2003, Ford F-150, Supercrew, Lariat, FX4, Two toned red over beige, beige interior, 9 months old, 12,000 miles, bed extender, very clean.
Currently in Oklahoma City, Oklahoma 73102.
How much should I get for this truck?

isellhondas · August 2004

Well, it's "rare" because it's a car few people wanted whan it was new.

In my neck of the woods, anyway, the five speeds are a slug to sell both as new and used. Add the LX to that and you have a hard to move unit.

Still, someone will grab it.

alfox · August 2004

I guess the AWD's are less common. My daughter has a newer AWD 5-speed and surprisingly the revs at 70 mph are much higher in the manual (~3,500) than in the automatic (~ 2,600). That makes it buzzy and annoying at speed. So I guess the auto would make a better commuter, if you really had to have a CRV.

brahmb · August 2004

Hi. I'm in the middle of negotiating for a Dodge Dakota. I've done my homework, but the dealer is offering a newer twist:

MSRP is $30250 and they will offer me $7900 for my $5500 trade-in($2400 above Kelly BB).

When I ask for a lower price on the Dakota, say the PMV of $27,900, the say they can only give me the trade-in value of $5500. Now I can see that the larger trade-in amount looks better to a bank for down payment purposes, but am I being hosed? Is it really 6 of 1 and a half dozen of the other? Should I take his offer of $7900 on the trade-in elsewhere? Can I do Better?

Thanks.

kyfdx · August 2004

The only difference that matters is.. the difference.. As long as you are happy with the $22,350 difference, then it shouldn't matter, unless there are sales tax issues we don't know about.

fensterlips · August 2004

Well, I still haven't taken the E320 out back and shot it. I need to wait until our business gets a little more wind under it (and we can pay ourselves and not live off savings) I hope to replace it in the next couple months -- and hope to get $5-ish for it running up my own flag. Reminder - this was the White '94 E320 w/ 143K, grey hides and all the bells - pretty clean too.

Here's where I need the advise. My wife's Suburban is a 1999 LT 4x4, white, "K1500"-type with the Marketing Package (Southern Calif)with 91K miles, it has heaters everywhere ( mirrors, buns. etc) Tan leather, 3rd seat, rear air, all power, CD, alarm, towing, etc - decent rubber, blows cold, etc. The bad news - my wife kissed a Toyota on the freeway 3 years ago to the tune of $8K worth of work. Had it done at the best possible shop - but it is what it is.... Reading the posts, I'm guessing a private divorce is worth $13 ?? and if I expect a dealer to do the act, I'm looking $10-ish?? Am I close?

To replace it....
I'm looking at the heavy deals on a Denali or Denali XL ( except they look like they have "design by Pontiac cartoonists" all over it) I like the power pack and brakes they come with mainly.

An alternative would be a 3 year old Lexus LX430 on the theory they both will end up lasting another 6 years or so and the Lexus may blow up less than the GMC.

Another thought is to buy the wife a new DC T&C and just get a used 3/4T Extra Cab P/U to tow the boat. I figure a 3 or 4 year old Dodge or Chevy. This may cost more but provide more utility.

What is going to be the least painful on the wallet and keep me away from hydraulic lifts and NAPA parts?

As dealers (or those of you who SHOULD be dealers -- and you know who you are!) I am curious as to the path of lowest pain from that point of view. Is there a sweet spot here?

BTW - Just my .02, but y'all with the CCB deal in your life. You don't need to fix it if your wallet and your husband/wife/partner isn't looking to slip some anti-freeze in your drinks -- BUT this is as close to needing a 12 step as any other compulsive behavior I've ever seen. I would miss Jolie's stories (and the rest of you helping poor hard working dealers make their boat payments) but compulsive is compulsive whether you're snorting, smoking, drinking, or signing it.

Hey, I call it as I see it.

I do enjoy reading it, though.

Your advise - from your side - on my next car choices are appreciated.

Mike

bowke28 · August 2004

my recommendation is to stay away from the GM products. (just my opinion)

for the same level of price vs. equipment, i would go with a loaded nissan armada LE. (nav, DVD, digital climate, etc...

ask jolie about her titan. the underpinnings, dash, and powertrain are the same.

stacie · August 2004

I've fallen in love with the new 2005 Mustang and want to order one. Unfortunately, I just bought my beautiful 2004 PT Cruiser Ltd. Edition Turbo (not the GT), Seamist green with chrome package, automatic transmission, 5000 miles, in Oct. 2003. What kind of trade-in could I expect? Thanks.

drpob · August 2004

Hello Terry,
Please help with fair auction/dealer price for:
2002 Lexus LS430(Chicago):
Silver/gray leather
NAV/ML package
Car has 14K miles and asking price is $43,500
Thanks in advance,
drpob

alfox · August 2004

You are prepared to take a bath, right? 8-O

boomer1b · August 2004

Take a trip over to the SUV thread here at Edmunds.
Check out the Armada and/or the Titan threads BEFORE hand. Then decide............

fensterlips · August 2004

Bowke28,

Good points, I just can't get over the unseemly appearance (OK, ugly appearance) of the Armada and the Infiniti variant.

Do you think the prices go toe to toe?

The last Consumers Report, etc seem to give the GM stuff high marks for initial quality, and our Sub has been pretty good. They just seem to have a time bomb that goes off at 110K. If you don't get a clue from the first little explosions I hear the transmission can give you the kiss of death around that time. Of course the 99 brakes are better sized for a Red Ryder wagon, and the power is under whelming, but it has stayed together and has not nickeled and dimed us even a little. I think the market perception may be 5 years behind reality.

My .02.....

Mike

fensterlips · August 2004

Boomer1b,

I see quite a ground swell of support for the new full size Nissan ( and Infiniti) SUV offerings on the boards. People are putting them right up there with the 'Slade, the Denali and the Navigator. Maybe they are there - I dunno. Nissan used to have serious quality problems but the latest "G" offerings, the Altima, the Maxima seem OK.

I guess it typifies quirky japanese styling to me which means "get real motivated" and look past the design and appearance -- which is hard to do when you're north of 40 large.

IMHO

Mike

bowke28 · August 2004

prices for the qx56 are toe-to-toe with the sclade and nav.

prices for the armada are actually a few thousand less than comparable denalis, expies, and sequoias.

the loaded 4x4 LE with all the buttons tops out at $46970. it only goes higher if you put accessories. this includes DVD system, nav system, leather, memory seats, and GOBS AND GOBS of POWER...

drive one. you wont care what it looks like afterwards. i didnt. they have grown on me ever since i first drove one.

also, a few hundred over invoice is an attainable price, along with either $1000 rebate or 2% up to 60 months.

fensterlips · August 2004

I'll check them out.

Thanks

Mike

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