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Real-World Trade-In Values

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Comments

  • steine13steine13 Member Posts: 2,825
    "$14.5 would just flat kill it" means that's the top end of the reasonable retail range.

    IOW, if you gots to have it, and can't find it otherwise, you can buy it for that and not face a spanking on RWTIV afterwards.

    Hey I'm multilingual; I speak German, English, some French, and fluent Terrese...

    -Mathias
  • ncdrewncdrew Member Posts: 4
    I'm in the process of buying a new vehicle. I have a 1990 Mazda 626 LX hatchback - 5spd, a/c, moonroof, alloy wheels, spotless interior, am/fm/radio/cassette, 141900 miles. Have maintained it. Has a few minor cosmetic issues. In last few months spent about $600 parts and labor (exhaust system, fuel injection system). What is a reasonable trade-in offer? Thank you.
  • corvettecorvette Member Posts: 11,281
    Terry and/or anyone else who wants to take a whack at it...

    My friend had:
    1998 Chevrolet Malibu
    Pretty basic - white car, steel wheels and hubcaps, power options, CD player, 90k miles, good condition considering the miles, some stone chips on the front... New brakes and rotors, new tires, new battery. $800+ sunk into it in the past 6 months. Bank says the other party's insurance company will hit it around $4k, she owes $5400. No gap insurance. What is a fair value?

    She wants to buy my:
    2002 Nissan Altima 2.5S
    White with tan interior, power windows/locks/mirrors/seat, CD player, ABS and side balloons, about $2k in total bodywork from various incidents. Rear bumper looks acceptable now, and there's some slight overspray on the black trim on the right side. I have two keys and two remotes, all records (no major mechanical problems), and a bottle of touch-up paint. If she buys, I will replace the front tires with Michelin Hydroedges to match the rears (which are new). You pegged it at $10,900 private party about a month ago, which is the price I quoted her. Is this still a fair price? Can she roll the $1400 negative equity into the Nissan at that price?

    Thanks a million - this board keeps me entertained!
  • corvettecorvette Member Posts: 11,281
    They will probably offer $500, this car will go straight to the auction if you trade it in to a dealer. Drew, are you in North Carolina, and is it safe to say the "cosmetic issues" don't include rust? If so, this is a great car for Retail Road. The experts will have to chime in for exact values, but I'd say you could ask around $2000 if it has no current mechanical issues.
  • steine13steine13 Member Posts: 2,825
    "Research Physicists Need Porsches, Too!"
    (The above quote comes from a Bloom County cartoon, ca. 1988. For a copy, visit the hallway of any physics department in your area.)

    Even though he knows better, the friend who wanted a $10+ nice car is thinking about this:

    2000 Audi A6 2.7T quattro sedan
    80k miles, no-sale blue
    6sp manual (really)
    Presumably leather
    Carfax clean, mysterious 2,000 miles at first sale, then one Detroit owner to 80k.
    First "title issued" was March of 2001, kinda late for a 2000. So that's one salty winter less to worry about.

    At a Farmington Hills dealer, for the "internet special" price of $14.

    TIA -Mathias
  • rroyce10rroyce10 Member Posts: 9,332
    At a Farmington Hills dealer, for the "internet special" price of $14.

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

           00 Audi A6 2.7 Quattro (yikes.!) (cough) with 80,000 low low low miles -if- you live in the Ukraine, 2k mystery miles - probably sold the vehicle to some fancy smancy congressman and his credit bounced back for the 3rd time, we got the no-sale blue thing going on and thats following the meat clever ...

                 Import dealer.? these things are kinda goofy, they still get crazy money .. ya know the deal ~ super service history, no Dutch Boys, no bend em' and mend em', no I missed the last 300 meetings of weight watchers, no curb burners, deep round things, cold breeze ..

                If-if-if it's nice one, just the miles, then the dealer probably paid the high $11's low low low low $12's for it, probably did a this and that, and he's stairing down the barrel of the mid/high $12's and he's lookin' for a quick "turn and burn" at $14, can't blame em' it's got 80k .... might this one have 89,979 miles ..?

                                    Terry.
  • mitchinpamitchinpa Member Posts: 40
    I was thinking People Are Real (fill in the blank)...
  • rroyce10rroyce10 Member Posts: 9,332
    **Hey I'm multilingual; I speak German, English, some French, and fluent Terrese...** .....l..o..l...

                               Terry.
  • mcelwainmcelwain Member Posts: 2
    i'm taking my current car to carmax for possible sale...what could i expect from them for a 2003 nissan sentra ser specv, 6speed, loaded, silver, approx 27K miles, in great shape with all of the upgraded options, at their memphis (38002) store ?? thanks much, marlin
  • zodiac2004zodiac2004 Member Posts: 458
    Mathias, maybe you can give me a translation for the following statement in Terrese from posts 21374 / 21375


    As far as the tranny, it was a sequential build of 31(?) trannys that were delivered that can be found from the service department
  • stickguystickguy Member Posts: 53,347
    31 tranmissions in a row had a defective part of some kind. The service department can look at the VIN or serial number of the tranny and tell if it is one of the affected units.

    disclaimer: I can't vouch for the accuracy of any statements made. I just work here.

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • bowke28bowke28 Member Posts: 2,185
    before terry loses it, ill try to help...

    MILES MILES MILES!!!!!!!!!!!!!!!!!!!!!!!!!!
  • sandman46sandman46 Member Posts: 1,798
    Terry, co-worker here in sunny Boca Raton is thinking about this car to buy tomorrow. Any chance you could run the vin # for me?

    #1G2NF52E14M561059

    He thinks it's a prior rental vehicle...but in supposedly good condition.
    As always, thanks for everything, you da man!!!!

    The Sandman :-)
  • bowke28bowke28 Member Posts: 2,185
    rental from major rental agency. no title/damage/mileage flags. good car.
  • sandman46sandman46 Member Posts: 1,798
    Thanks so much for your quick response. I'll give my friend a ring at work!
    Again, thank you...thank you...thank you!

    The Sandman :-)
  • akanglakangl Member Posts: 3,282
    You guys been busy!! I got back late last night, its still smoky here. Wish I was hanging at Montana Creek, but needed to come home. Was beautiful at the campground, not much smoke, cleared up totally the last day.

    We fished for 2 days, caught 15 silver salmon that we kept, caught a few others too, just weren't good enough to keep. Can't have fun like that in a motel (not to mention the cheapest ones are $100/night). We enjoyed camping, except the stupid furnace wouldn't work, dealer said nothing was wrong, just hit the reset button, I did twice and nothing happened. Oh well, its back to working now.

    Air inside the house isn't smoky, so I guess Aly will stay inside for the next few days......I'm sure she will be thrilled. Its supposed to clear up Monday........course they said that about Thursday too and its still smoky.
  • bowke28bowke28 Member Posts: 2,185
    you could have gone snipe hunting down here in KY with me and Kyfdx...clean fresh air here! ;-)
  • akanglakangl Member Posts: 3,282
    Cute.....but I'll stick to the fish.

    Saw a HUGE black bear cross the road on the way home, was kinda cool.

    I have to say I'm sick of Alaska (never thought I would say that) and am ready to move. Its been a HOT (many, many 90+ days) VERY smoky summer. Now we have the cold [non-permissible content removed] winter to look forward to.

    I need a vacation!
  • pernaperna Member Posts: 521
    Really? I would have thought AK to be much cooler. We've only had maybe 1-2 90+F days this summer. Grand Rapids, Michigan. Mathias can vouch for this, he's only ~40 miles to the east.

    As I type this it's dark and grey outside, 69F which will probably be the high for the day. That's been par for the course the last two weeks...
  • akanglakangl Member Posts: 3,282
    Alaska has been very hot the past few summers. Global warming I guess, just wish it would global warm in the winter!
  • rroyce10rroyce10 Member Posts: 9,332
    ........ They have had some kind of record high's in Alaska I've been seeing .. but the golf matches in Wisc/Mich/Ohio have been rained on and cold for weeks, go figure ...... of course we have our special blend of weather here - Hurricanes .......

                              Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    Stay

    Away

    From

    The

    Car

    Lots

                              Terry.
  • jlawrence01jlawrence01 Member Posts: 1,757
    It has been cool all summer in Chicago. Maybe ONE week in the 90's all summer.

    We also have some weather here in the midwest ... on the last trip through NW Ohio, saw the hood of an old Mustang 45ft up in the trees, gently deposited by the funnel cloud ... the rest of the car was in the bushes by US 30.
  • rroyce10rroyce10 Member Posts: 9,332
    ....... As Mathias would say - Danke shane .. or is that Dunkin donuts.?

                                 Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    1998 Chevrolet Malibu
    Pretty basic - white car, steel wheels and hubcaps, power options, CD player, 90k miles ....

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

               Oh, here's a nice one .. 98 Malibu, 4 banger base with 90k, oh goodness we have the power pack - how thrilling ..... it's a $1,500 vehicle ~ $2,000 on a good day with a blessing from the Pope ... $4,500.? tell her slip them the tongue and wave goodbye, thats A-L-L the money on the planet earth, and then some ....

                    $10,900 for a 02 Altima ..? .. does this one have 89k .... ?

                                    Terry.
  • akanglakangl Member Posts: 3,282
    Visibility has dropped to less than 1/2 mile. Its HORRIBLE.

    Terry.....I promise I'm staying away from the car lots.....but I am racking up bird dogs fees, fullfilling my CCB through others purchases. One of the young guys at the fire station just bought a new 2004 F-150 from the salesguy that we bought the Focus from.....ChaChing......that's $100 for me.

    I'm seriously thinking about packing the camper up again and leaving.......have a huge urge to go fishing and get out of this smoke.
  • anonymouspostsanonymousposts Member Posts: 3,802
    If IIRC, weren't you planning a move to Texas a couple of years ago? I could be thinking of someone else ....
  • akanglakangl Member Posts: 3,282
    I was last summer. Hubby and I were splitting up and I was leaving. Funny how things change.

    I'm just over this summer, its been a rough hot smoky ride and I want OFF, lol.
  • anonymouspostsanonymousposts Member Posts: 3,802
    I want to check out Alaska for a while so why don't we just swap houses for a few weeks. We might even get Fox to do a sitcom based on our experiences. I'm sure after one week of Atlanta traffic you would be ready to head back to Alaska and I'm sure after one week of driving 1,000 miles just to get some macaroni & cheese I would be elated to get back to life in the suburbs.
  • akanglakangl Member Posts: 3,282
    Careful, I can be on the next plane, lol.
  • corvettecorvette Member Posts: 11,281
    Sorry, sorry, I forgot to put the miles on the Nissan. It has 48,000.

    She wants to buy my:
    2002 Nissan Altima 2.5S
    White with tan interior, power windows/locks/mirrors/seat, CD player, ABS and side balloons, about $2k in total bodywork from various incidents. Rear bumper looks acceptable now, and there's some slight overspray on the black trim on the right side. (And, some hail damage repair that can be seen if you put it under really good light.) I have two keys and two remotes, all records (no major mechanical problems), and a bottle of touch-up paint. If she buys, I will replace the front tires with Michelin Hydroedges to match the rears (which are new). You pegged it at $10,900 private party about a month ago, which is the price I quoted her. Is this still a fair price? Can she roll the $1400+ negative equity into the Nissan at that price?

    The bank that financed her car told her the Malibu was a $4k vehicle with its current mileage, she's gonna be a little rattled when the other party's insurance pegs it at $2k... The deciding factor was that "some" of the damage was "near" the fuel tank, AFAIK it did suffer a bent frame in the wreck.
  • fishjillfishjill Member Posts: 4
    Hello. I'm looking to trade my 99 BMW 323i 4-dr sedan for a 2004 Yukon. It has 99,500 miles, leather seats, 6 disc cd changer, premium wheels, sunroof, all power seats, front and side airbags, etc. The transmission is brand new and the condition is nice with the exception of a small scrape above the passenger rear wheel--could be easily fixed. The dealer's initial offer was $8200 which is less than Kelly Blue Book or Edmund's appraisal. I was hoping for $10,000. What do you think is reasonable? Thanks!
  • driftracerdriftracer Member Posts: 2,448
    Before you get your feelings hurt any more, read my post #20851 (this topic) - your car is NOT a retail unit - has to be wholesaled, throw the books out the window - that's the rpice you pay for using a vehicle past 60-70k miles...
  • rroyce10rroyce10 Member Posts: 9,332
    ....... Aaah yes, the ol' bent frame Altima ..

                  $10,9 is very fair, as long as it doesn't go down the road like a giant eraser .l.o.l. .. trade money would be around the mid $12's and it would see the super tall $13's low $14's down Retail Rd without the damage .. the bank shouldn't have any problem with the difference ....

                   That's honest and fair, just make sure the proper papers are signed and she is aware of the repair "on" paper ~ there's a new Chick on the block and her name is "Sue", she might have an uncle that knows a guy, that lives next to a sister that knew a guy and he was in the car biz 12 years ago and he says, etc etc, *CYA* ........ ~ your a good boy Charley Brown.! ................... ;)

                                 Terry.
  • anonymouspostsanonymousposts Member Posts: 3,802
    akangl: If you want out of Alaska for a bit you ought to cash in on the cheap airfare that's the norm right now and skip town for a few days or weeks.
  • akanglakangl Member Posts: 3,282
    I hate flying. Guess I could pack up the Titan and the camper and drive out.......nah, will wait until next year to do that.

    Winter's coming, the smoke will stop eventually. I do have to say that 80 degrees in August is VERY abnormal.
  • corvettecorvette Member Posts: 11,281
    So, all his ex's would have lived in Texas? Lol...
  • corvettecorvette Member Posts: 11,281
    No structural damage on my Altima (just some mediocre bodywork), I was talking about her Malibu. Thanks for the advice, she's definately a friend in need right now. And I will still CMA. I'll let you know what happens if/when everything is finalized.
  • hoosierboyhoosierboy Member Posts: 25
    Terry,
    Hope you can help me on a value for this one. Looking to trade or possible retail road. Here are the details:
    2004 Acura TSX
    14,500 miles
    Graphite exterior/Black leather interior
    Only options available for this car are automatic trans and navigation system (have both)so it is loaded up.
    Great condition. No door dings and interior is fresh. Tires show minimal wear. Vehicle washed once a week, and waxed every 2 months due to sun and heat here in Phoenix. Windows tinted as well. Purchased new in June 2004.
    Vehicle is paid off; just looking for an SUV that is not too big that can pull a small boat in the future.
    Looking to trade possibly on '04 Honda Pilot EX-L or '04 Jeep Grand Cherokee.
    Located in Phoenix AZ.
    While on the subject... How bad of a resale hit would I take on an Grand Cherokee Limited or Overland if I decide on a 2 wheel drive over the 4 wheel drive here in the desert? Are the 4WD worth more in say 2-4 years?
    Thanks for the help!
    Hoosierboy
  • akanglakangl Member Posts: 3,282
    14,500 on an 04 purchased in June??? I thought I was bad.......9100 on an 04 purchased in June and 4k on an 04 purchased in July.

    Me thinks Terry will advise a new dating service.
  • rroyce10rroyce10 Member Posts: 9,332
    .......... Aka is right (just don't let her buy any campers for ya) almost 15k on this bad boy, no help ..

                We have the nav, we have the auto thing going on, color is good on the outside, no help on the inside, we have the funeral tint and you say it's in good condition and it's nice ... if we don't have any repaints, then your driving a tall $21 low $22ish vehicle come trade side, "might" maybe "could" see a dealer struggle towards the $23,0 figure, but I have a feeling those miles will hold it back ...

              Retail Rd.? .. $25,9 *asking* and off it goes for the $24,5/$25,5 figure ...... I think you have tax savings in AZ, right.? you might be better off going that route, that 15k is going to make potential buyers look on the new side .......

               Me personally (depending on the size of the yacht) I would be lookin' for a super nice, clean: 15kish 02/03 4WD Explorer/GCL/Mazda Tribute/Pathfinder/Xterra/CR-V .. at least you can trade even, or a few bucks here or there ~ but your making the payments, so always buy and drive what YOU like ....................... :)

                                  Terry.
  • wagonguywagonguy Member Posts: 18
    00 Passat up in CT .. 4 dr/2wd right .? .. we got 42k low miles (for the year) we have that funny guy El' Manual for the tranny work, slider, bun warmers, good color, V6, all the right stuff for a GLX and we have the warranty ...
                 If it's a nice one, clean, good history, no uh oh it's Maaco, deep sneakers, serviced, then the dealer probably has the tall $10's low $11's in it, add the warranty and he's sitting "around" the $12,0 figure, on a push .. a fair price for both would be around the $13,5/13,9ish figure and $14,5 would just flat kill it ........

                     Good luck - let me know.!

                                   Terry.
    ===========================================

    Hey Terry. So, went to the dealership yesterday to take another look at the Passat... found a couple of things I was able to see in the daylight that I couldn't see the other night in the dark:

    1) Though no odor whatsoever, think I found evidence of it having been smoked in... headliner around the doors on the driver's side is pretty dirty, as is the strip of the sunroof visor that's left exposed when the visor is open. Other than that, interior needs a good detail.

    2) Looks like the bumpers might have had a couple of kisses that were taken care of... minor evidence of paint work, but only on the plastic covers... none on any metal body panels and nothing looks out of alignment.

    3) There are a few tiny (pinhead) stone chips on the hood that are brown... know what I mean? I have a detail guy who can probably hit those with some rust inhibitor and then dots of touch-up/clear coat, though.

    Other than those things, car seems OK... carfax came back clean, drives nice. Should I be concerned about those items above, especially #1? We ended up agreeing on an even $14K, BTW, but I told the salesman that I wanted a very thorough detail, including getting the headliner clean... is that even possible?

    Any thoughts you have on this would be appreciated... THANKS!

    Jeff
  • wagonguywagonguy Member Posts: 18
    ... sorry about the novel! :P

    Jeff
  • rroyce10rroyce10 Member Posts: 9,332
    ....... Hey Jeff - Actually I appreciate as much info as possible, this way I can kinda "look" at the vehicle .. it's like describing a hot chick from South Beach .l.o.l....

                   Getting the detail is smart, the headliner can be cleaned and should look new, sometimes the biggest dirt in the world comes from the transport co's when they climb in and out when they were originally new .. getting the hood and the rest "buffed" out will give you a better idea of the care (or lack of) from the previous owner .. bumpers are bumpers, all those Wal-Mart assassins wait for days until a nice vehicle rolls in and they hit those bumpers, just make sure the paint is right and the clear coat isn't rolling off ..

                When you get there, literally rotate the vehicle 360 degree's in the light and look at the whole deal .. they might think your crazy, but it's your $14,0 big ones ..... other than that, it sounds nice.

                     let me know .............. :)

                               Terry.
  • hoosierboyhoosierboy Member Posts: 25
    OOPS!
    I meant to say the TSX was purchased new in June 2003, not 2004. If I drove 14k miles in a little over 2 months I would be on a bicycle!
    Does this make a difference on the value?
    Hoosierboy
  • wagonguywagonguy Member Posts: 18
    ... sorry about the novel! :P

    Jeff
  • rroyce10rroyce10 Member Posts: 9,332
    OOPS!
    I meant to say the TSX was purchased new in June 2003, not 2004.

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

         
              I "thought" you meant 03 .. the buyers are still thinking it's a "04" market and most will think "04" til' the spring of 05 depending on what part of the country .. so there's no extra "Ooh Ooh cookies" for you ...

                                  Terry.
  • wagonguywagonguy Member Posts: 18
    When you get there, literally rotate the vehicle 360 degree's in the light and look at the whole deal .. they might think your crazy, but it's your $14,0 big ones ..... other than that, it sounds nice.

                     let me know .............. :)

                               Terry.
    ======================================

    Oh, believe me... they already think I'm crazy. ;) I spent a LONG time there yesterday doing a VERY thorough inspection.

    Anyway, thanks for getting back to me so quickly!

    Paint work looked good on the bumpers - color matched and no signs of cracking or anything... just the usual tell-tale signs if you look real close.

    Glad that it sounds like the headliner should come clean... makes me feel better. Now let's see if they actually try! ;P

    So, you think the freckles on the hood are NBD if I have them taken care of as I mentioned?

    And, given these items, still think I did OK @ $14,0?

    Thanks again!
    Jeff

    PS - " it's like describing a hot chick from South Beach"... LOL! :)
  • rroyce10rroyce10 Member Posts: 9,332
    ..... $14 is a good price, not a Great price, but that warranty does come into play and that can be a future saviour ...

            "sounds like" the vehicle was driven thru a few winters with little or no protection -but- find out what the final product looks like .. if you feel uncomfortable, then don't purchase it...

                             Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    My wife has a 2000 Mazda Protege ES w/auto,4 wheel abs,side airbags. It is fully loaded aside from the spoiler,and fog lights. It has 54K miles on it,and is Black. It is in great shape. What is it's value as a trade-in?We are thinking of moving up to a Mazda6 sport wagon. We live in Massachusetts. Thank you for your time.
    Chris

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

      These are pretty nice little dudes, another best kept secret, especially the ES model ....

                  This one is a 00 with 54k, foggers, spoiler, auto, abs, black is good in Mass, side balloons ... if it's clean, deep in the rubber department, no American fry invasions, no paint by numbers and the service is 100% .. then trade side, in and around the mid/tall $4's, maybe the low low low low low $5's if it's super nice and it needs -0- ... this a great little vehicle down Retail Rd, $7,495 *asking* and let that dawg go for the first $6,5/$6,9 .. don't forget the the super detail and the great Ad to make it work ............... :)

                                    Terry.
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