Real-World Trade-In Values

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Comments

  • lanzzlanzz Member Posts: 76
    Terry - have one for you, thanks in advance...

    My brother has a 2001 Ford F150 Super cab with the Off Road package. XLT trim with the usual power stuff, am/fm/cd, factory alloys and a drop-in bedliner. Bright red exterior with grey cloth inside.

    Has 29,000 miles - getting ready to need tires and rear brakes. Nice cosmetic condition, clean outside and inside, non smoker. Original paint, no body work.

    Located in Upstate NY - he is thinking about trading rather than putting brakes and tires, but no real urgency, it looks and drives like a pretty nice truck.

    What say you on trade in value, towards another F150, or maybe Titan or Tundra...

    Thanks - Ed
  • rroyce10rroyce10 Member Posts: 9,332
    ........ Hi Ho ..........? .. isn't that those little chocolate cakes from Hostess..?

    Good questions .....

    I don't think it's the price of gas .. it's the first time most folks have ever looked at their gas bills .l.o.l... gas wasn't free 15 months ago .....

    But the point is, SUV's are still very popular .. and it's going to depend on alot of things and the price of gas is only one factor ...... but what "will" be the price that will determine their value.? .. will it be a constant $3.50 maybe $5.50.? .. I can't say and either can anyone else ...

    Sometimes you gotta step back and look at the whole retail market ....... the funny thing is, this has been a record breaking year for boats sales and most people don't realize this, but most boats suck-up (depending on the size and motors) 5/15 gallons an hour, no free rides there ...

    I have a few dealer friends in California and they've sent me some streamers (video's) from Lake Havasu and it's 8,000 boats pounding the lake and the parking lots have expensive hybrids ..l.o.l.... so obviously there is some "panic" buying going on .... that said, I got folks trading their 2 year old Bimmers in for Civics, I guess they don't sell calculators in their neighborhoods - so it's crazy ......... anyway -- just to give ya an idea ... 03 LX470's are doing in and around the $39ish+ zipcode with miles in the 40k range at your local auctions, some a little more and some a little less .. it will depend on the color and the condition ....



    Terry :P
  • autolendrautolendr Member Posts: 4
    Thanks for the help Terry. Can you say Depreciation? Ouch this baby stickered at over $45k in 2004. We decided to keep the X3 and are adding a new Honda Pilot to the family for baby hauling needs.

    Dean
  • leroybrown71leroybrown71 Member Posts: 26
    Location: San Antonio,TX
    Year/Make/Model: 2003 Chevy Impala
    Body Style: 4 door
    Engine: 3.4 Liter ( 3400 ) V6, automatic transmission
    Driveline: FWD
    Mileage: 58,000 tiny miles
    Color: Gold, tan interior
    Major Options: Pwr windows,locks/mirrors ( dunno if std or opt ) , aftermarket CD.
    Condition:
    The interior is in good, NOT great condition... some stains on seats/floor.. no rips/tears etc.
    Exterior overall fair. Some dings/scratches, keyed down one side. Hit a deer once, damaged the hood, 1 front fender, grille, all repaired.
    Tires - Good tread ( ~75% + )
    Brakes: ~75%
    Maintenance : Regularly scheduled oil changes, transmission fliuds, filters, etc...
    Other:
    Hi Terry. Thanks for all the hard work! A good friend of mine is looking to trade his Impala in on a Mustang. I know with the wreck, the trade value is more of a guesstimation... . but I figure I'd come to the expert for a better idea. He knows he's tanked in a major way, just want to know how bad.
    Thanks in advance!
  • ghuletghulet Member Posts: 2,564
    My friend is going to (try to) buy a new Civic this weekend, and has this:

    95 Acura Integra LS-SE hatchback (GS-R equipment with base engine)
    dark green/tan leather
    automatic transmission
    alloys, rear spoiler, ABS, power glass moonroof
    factory AM/FM cassette (no CD)
    just turned 35k miles, orignal owner, documented!!!
    Chicago suburb

    The bad: paint on roof is sunburned (could be just clearcoat, but it's kind of a hazy fading, like frost), not horrible, but you can't miss it. Driver's window switch is a bit fussy (you have to jiggle it), power locks don't work, factory alarm doesn't work, basically normal stuff for a ten-plus year-old car. Front airdam a bit scuffed. Also, had a fairly major ($4500) accident about four years ago, don't know if it's reported on CarSmack but I suspect it is, repaired nicely. I can't tell, but I'm no expert.

    The good: A/C and heat are fine. Still has nice factory alloys, decent leather interior (no rips, a bit of fade, it sits outside in Chicago). No modifications, one older female owner and the low miles, obviously. Within the last year, she's had new tires, brakes, belts, hoses, filters, fluids flushed and other service to the tune of ~$2000, so it's ready to go.

    I know the low miles can be a bonus, but this thing is still 11 years old and not glowing perfect. Do you think a Honda dealer will even take this as a trade (probably on an '06 Civic when they hit the showrooms)? If so, what do you think they'll offer? Just checked AutoTrader.com, the cheapest '95 Integra around here is $4800 (which I think is nuts), it's identical but has 105k miles. Don't want to be greedy, but don't want to take a lowball just for ease; I figure I can help her sell it privately and maybe even score a small commission for my efforts, especially if I make her $1-2k over trade. I'm just guessing the dealer will offer $2-25 but we can probably get $4-4500 private in a heartbeat. What say you? Thanks!
  • oacoac Member Posts: 1,594
    Thanks a ton, Terry ! You are da man !!!!! Truly appreciate the herculian job you continue to do on this forum. Keep up the good work and don't plan a retirement party anytime soon

    :)
  • woodywwwoodyww Member Posts: 1,806
    I keep wondering the same thing. Problem is, I can't see the energy situation getting "better". I can easily see it getting worse, & worse......& worse--there are so many (more) things that can go wrong--geo-political, you name it. But I don't have a crystal ball, of course.

    Personally, I'd wait until--& if--fuel gets so expensive that people are dumping their LX470's in desperation. But you might not want one by then (or regret having bought one now).

    *Is this as good a time to get an SUV... any SUV... ?*
  • qbrozenqbrozen Member Posts: 33,692
    Hi again Terry,
    A few days ago you told me this trade was in the $19,5K range.

    '03 Honda Pilot EX-L
    nice shape. no runs, hits, or errors.
    add-ons include Webasto moonroof and fog lights.
    Light blue over grey leather
    48K miles
    New Jersey

    Wife is at dealer now and they offered $17,5. Ouch! I checked KBB (which I never do) and that tells me $18,7. What's the deal? You sure about that $19,5 number? Just want to make sure you didn't mistype. If you can confirm for me one more time, then that's the number I am sticking to because I know yours would be the most accurate.

    thanks!

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • graphicguygraphicguy Member Posts: 14,081
    Q....doesn't sound like they want to play ball. Have you shopped it at any other dealers?

    Or, has the SUV market gotten that soft with recent events?
    2024 Kia EV6 GT-Line AWD Long Range
  • bretfrazbretfraz Member Posts: 2,021
    Replying to my own post, I drove a 2005 Civic Si today. Had less than 200 miles on it. Salesguy said it was MBB but I didn't press him for info. Basically a brand new car; they were really pushing the fact that it was CPO'd with a 7yr/100K warranty. Anyway, asking was $18,999 and they dropped to $17150 quickly. Dunno if that's a good price for that car but I wondered if a MBB car can really be CPO'd.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... **in and around the low/mid $19's, might maybe get a dealer to wander towards the tall $19's .. >>>it's all going to depend on the slider and the round things ............**

    Lets just say -- in a land far far away .....

    They figured to deduct $500 for the rubber and another $500 for the "hinky" Mickey Mouse hole in the roof .... that would be in and around the $18,5ish range (give or take a few "hun" here and there) .. so lets just figure $18,0 just for the grins and giggles because they don't like your wifes hairdo ......... $17,5 ..?? unless you forgot to tell me about the Police motorcycle stuck into the front grille -- then $17,5 would be $1,000 "back" of rough book ........... what color is that motorcycle...?

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .... **Can you say Depreciation? Ouch this baby stickered at over $45k in 2004. ..... **

    Yep, they're were expensive little critters .... but most of Bimmers claim to fame is based on three little letters - BMW .... and alot of X3/X5's are being traded because of another three letters - AIS .. (always in the shop) .. and that has a tendency to hurt resale value ...........

    Terry ;)
  • rroyce10rroyce10 Member Posts: 9,332
    .. **Location: San Antonio,TX
    Year/Make/Model: 2003 Chevy Impala
    Body Style: 4 door
    Engine: 3.4 Liter ( 3400 ) V6, automatic transmission
    Driveline: FWD
    Mileage: 58,000 tiny miles
    Color: Gold, tan interior
    Major Options: Pwr windows,locks/mirrors ( dunno if Std or opt ) , aftermarket CD.
    Condition:
    The interior is in good, NOT great condition... some stains on seats/floor.. no rips/tears etc.
    Exterior overall fair. Some dings/scratches, keyed down one side. Hit a deer once, damaged the hood, 1 front fender, grille, all repaired.
    Tires - Good tread ( ~75% + )
    Brakes: ~75%
    Maintenance : Regularly scheduled oil changes, transmission fluids, filters, etc...
    Other:
    Hi Terry. Thanks for all the hard work! A good friend of mine is looking to trade his Impala in on a Mustang. I know with the wreck, the trade value is more of a guesstimation... . but I figure I'd come to the expert for a better idea. He knows he's tanked in a major way, just want to know how bad.
    Thanks in advance!** ..
    ====================================

    Good Mornin' Leroy ........... good description, tanks ...

    Out there in San - atone .... we have an 03 Impala with 58k .. (non-LS, right ..?) .. the miles are a little tall, you've been attending the "Aka" school of Drivers Ed, it's a good color for the area, the rubber and the stoppers sound good and we got some service going on ...

    If we haven't been to Maaco (ooop's, can't say that - you blasted a deer) no battles at Wal-mart (yikes, can't say that because your nephew used the side as an "Etch A Sketch") ... if the interior doesn't have that Bonnie and Clyde look (and I'm not even sure about that) then trade side .. in and around the mid/tall $5's, might maybe "could" find a dealer that might drop the low low low low low low $6's in it -- if, it doesn't still smell like Deer meat ............... whats he owe ..?



    Terry :shades:
  • rroyce10rroyce10 Member Posts: 9,332
    ............................... location.? ...................................................

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..**My friend is going to (try to) buy a new Civic this weekend, and has this:

    95 Acura Integra LS-SE hatchback (GS-R equipment with base engine)
    dark green/tan leather
    automatic transmission
    alloys, rear spoiler, ABS, power glass moonroof
    factory AM/FM cassette (no CD)
    just turned 35k miles, original owner, documented!!!
    Chicago suburb
    The bad: paint on roof is sunburned (could be just clearcoat, but it's kind of a hazy fading, like frost), not horrible, but you can't miss it. Driver's window switch is a bit fussy (you have to jiggle it), power locks don't work, factory alarm doesn't work, basically normal stuff for a ten-plus year-old car. Front air dam a bit scuffed. Also, had a fairly major ($4500) accident about four years ago, don't know if it's reported on CarSmack but I suspect it is, repaired nicely. I can't tell, but I'm no expert.
    The good: A/C and heat are fine. Still has nice factory alloys, decent leather interior (no rips, a bit of fade, it sits outside in Chicago). No modifications, one older female owner and the low miles, obviously. Within the last year, she's had new tires, brakes, belts, hoses, filters, fluids flushed and other service to the tune of ~$2000, so it's ready to go.
    I know the low miles can be a bonus, but this thing is still 11 years old and not glowing perfect. Do you think a Honda dealer will even take this as a trade (probably on an '06 Civic when they hit the showrooms)? If so, what do you think they'll offer? Just checked Autotrader.com, the cheapest '95 Integra around here is $4800 (which I think is nuts), it's identical but has 105k miles. Don't want to be greedy, but don't want to take a lowball just for ease; I figure I can help her sell it privately and maybe even score a small commission for my efforts, especially if I make her $1-2k over trade. I'm just guessing the dealer will offer $2-25 but we can probably get $4-4500 private in a heartbeat. What say you? Thanks!
    ========================================

    Another good description ................................... tanks.

    In Chi-town ... we have a 95 Acura Integra LS-SE hatchback ...

    The miles are loooooooow, the paint is weak (kinda rare for an Acura) we got the no-sale green thing going on with the tan guts, we got some hinky doors and locks (kinda rare for an Acura) we got the auto thing, slider, auto, low miles, hydes, ABS, funny paint, low miles, cold breeze, and we also have some new round things, new stoppers and a ~ $2,000 service ............ there's no doubt a dealer will trade for it, but because of the many "issues" they will probably send it auction side or sell it to Billy Bobs Auto Emporium and Bait Shoppe .. trade side, in and around the $2,5ish range ........

    me personally.? .. this is a great vehicle down Retail Rd .. the miles are low, it's an auto, it's got some major service and we have some hinky paint with some locks that don't work - who cares..? .. just like you said, it's 11 12 years old ...... get a super detail, all the service records stuck to the ceiling, a Blaster Ad in the Big paper and: $5,900 *asking* - and it's off and runnin' at $5,0/$5,5 ..... it should take about 31 hours (properly done) ......



    Let me know ..................

    Terry.
  • leroybrown71leroybrown71 Member Posts: 26
    Thanks for the reply. He owes 16 on it :sick: . He was hoping for a bit more, but I was thinking more around what you said. And I'm sure he's gonna hear different things from different dealers due to the wreck... makes it dang hard to appraise.

    Thanks again Terry - I'll let you know if / how it turns out!
  • rroyce10rroyce10 Member Posts: 9,332
    .............. $16 .....?!?

    I hope you mean Sixteen Dollars ...................... oh my gawd.

    Terry.
  • qbrozenqbrozen Member Posts: 33,692
    Ok. Thanks, Terry. I've had poor dealings with this dealer before, so I had my doubts. Why do I keep going back? I dunno. Sucker for punishment, i guess.

    They actually hit her with that $17,5 without even looking at the truck. They came UP to $18k after inspecting it and said they MIGHT go up another $500.

    We're going to check with some other dealers. Their offer for the new truck wasn't as low as this one dealer, but if they are realistic on the trade, it might balance out.

    thanks again!

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • jifjif Member Posts: 23
    Hi Terry,

    1990 Honda Prelude Si (not 2.0 or AWS)
    Washington DC area (northern VA)
    158,000 miles
    4 new tires
    good brakes
    super clean in and out
    5-speed manny
    A/C blows warm
    Everything else works fine
    moonroof, power windows, etc...
    shifter is a little sticky going in and out of gears but clutch is nice and stiff
    one owner ;)


    Thanks,
    Josh
  • akanglakangl Member Posts: 3,282
    Since I've been so good lately think you could let me know where we are sitting in these 2 gas hogs? Not really thinking of trading just yet, but trading the 2 for one in the spring is the talk. Just want to know how much $$$ to throw at them to break even (actually the Dodge will be paid off in the spring).

    2004 Nissan Titan LE CC 4x4, white/dark gray leather, all the LE stuff, only options were the big tow pkg, bed extender, bed divider, and bed tray (can't figure out a use for it). Miles are sitting right at 20k (just a smidge over the 12k/year lease allowance). No hits, runs, or errors. Exterior looks good (when its clean), no dings in the bed, interior could use a good cleaning, but otherwise in good shape. Has new brakes and the tires are very deep in tread. Non-smoker of course, but I do have them 2 legged critters we call kids.

    1999 Dodge Ram dually V10 4x4, SLT Laramie, reg cab, red/grey cloth, power windows/locks, heated mirrors, am/fm/cass (infinity gold), cruise, tilt, a/c blows cold, and it has a spray in bedliner. Tires are deep in tread and the miles are sitting at 37k. Another non-smoker.

    Interior when its clean is in decent shape, exterior is another matter. He's got a dent on the top of the tailgate (don't back a trailer with the tailgate down) and the front bumper is pushed back in the driver's side (he ran into a dirt pile). It did have a confrontation with a tree, but no paint work, just a radiator and some trans cooling lines. Other than that some scratches and normal stuff for a 7 year old truck. When its cleaned up it looks pretty darn good for its age.

    So what do ya think? And please don't tell me to stay away from the car lots, I have been I promise. Just can't seem to stay away from the gas station! :P
  • xtrosityxtrosity Member Posts: 11
    Terry, Thanks for your continued service,

    I have a:
    2004 honda Cr-v EX 25,000 miles in Southern Maine.
    AWD
    silver/dark grey cloth
    no major options offered on the model though I do have wheel locks and the cargo cover as add ons.
    there is some minimal scuffs on the plastic in the back compartment. tires are normal wear for this milage. has gotten oils changes and thus far it all it needs. still has the bulk of its 3/36 warantee.

    any ideas on trade value or any other info you might need for this?
    thanks
  • stewardrobbinsstewardrobbins Member Posts: 41
    I have a 1998 Toyota Sienna CE van. The mileage is low at 61,000, and the car is in great mechanical condition. However, the interior has some scratches and nicks. There is a small dent on the back quarter panel, the bumper also has a dent so the bumper cover needs to be replaced. There is a crack in the left running light lens.

    I'm NOT looking for a trade-in price for this vehicle. I do want to know if it's worth spending $400-$500 for a new bumper cover, dent repair, and replacing the running light lens.

    Would I recoup the money I spend on refurbishing with increased trade-in or retail value?

    KBB lists the trade-in at about $5000 for fair condition.
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  • wantacrvwantacrv Member Posts: 3
    Terry I have following your forum and would appreciate your advice on how to handle this situation when I am ready to buy.

    Location: Philadelphia
    Year/Make/Model: 1997 Ford Explorer XLT 4WD Sport Trac
    Body Style: 4 Door SUV
    Engine: SOHC V6
    Driveline: 4WD
    Mileage: 115,000
    Color: [exterior/interior] Red / Grey
    Major Options: Allows, Moonroof, Tow Package, 6 CD Changer, Tinted Glass
    Condition:
    Details of interior and exterior, including dings, scratches etc.
    Tires - Tires have @ 15K of Wear
    Brakes - New
    Maintenance - Just Passed Inspection No Problems Found
    Other: Indicate prior damage/insurance claims, repaints, etc.

    The truck had a Ford problem at 47K, (Front Timing Chain Guide) at 100K 2 of the rear guides went. At the time, my job was uncertain so I put in a new Jasper engine at 100K, New Radiator, Belts and Hoses (cheaper than buying a new car).
    Also replaced Catalytic converters (110k, and has 4 new shocks)

    Engine has 3 year 75K warranty so has just under 2 years and 60K warranty.

    Body is in VG Condition as is interior. Plastic in the back hatch has scratches. Small ding on the right front fender. Truck was cared for and has what I cinsider normal wear and tear.

    I have a new job with a longer commute and would like to get something smaller and more fuel efficient.

    Book on the truck in fair condition is $4100 I believe. How do we value the new engine and other replacements? Assuming the car will be wholesaled ? or would a Honda dealer sell it on the lot.

    Put in an ad in cars.com at 5K with no response.

    I want to get a CRV (06) since it is more fuel efficient now that I have a longer commute.

    Thanks for your assistance.
  • para911para911 Member Posts: 3
    As they say..... third times a charm!!! (crossing fingers)

    Location:Lowell Mass, 30 minutes from Boston
    Year/Make/Model: 2004 Nissan Titan SE 4x4
    Body Style: Crew Cab
    Engine: V8
    Driveline: 4WD
    Mileage: 13600
    Color: Red Braun / Graphite
    Major Options: alloys, multi CD, bed liner, fogs, tonneau cover, captains chairs, power drivers seat, sliding rear window
    Condition:
    Excellent condition, serviced on schedule

    THANKS !!
    Justin
  • runbikerunrunbikerun Member Posts: 2
    Hi, Could you please help me out? Dealer says they can give me $18k, but Edmunds says $21.9. What is the "real world value" of this car?

    Anthracite
    55k miles
    Black leather interior
    Sport Package
    Navigation
    CD changer
    Sport seats
    Rear split seats with center open to trunk
    Xenon lights
    Front and rear airbags
    Tinted windows
    New tires

    "Clean" condition 530i - Interior perfect (no stains, tears or other damage)

    Has two dime size dimples on the center of the rear bumper (no paint damage), can see when you look at from angle. Also a very small ding on the rear passenger door.

    Thanks for your advice.
  • steine13steine13 Member Posts: 2,822
    Auto or stick?
    Also, where are you trying to trade it?
    That can make quite a difference... your local Chevy store probably doesn't have a customer for it... the VW or Mercedes dealer might.. the BMW dealer certainly does.
    Also, where is the car located?
    -Mathias
  • danbone111danbone111 Member Posts: 47
    Sorry about driving you crazy
    Reposting with location: South Jersey

    Terrrrrrrrrrrrrry! How are you doing? I did something this weekend, and hopefully it was a good thing. Let me post the info and I want to hear what you have to say about it-and then I'll tell you how much I paid: I traded an
    01 GMC Yukon 4X4 SLT 4x4
    50k miles
    Black/Tan Leather
    Third Row Seating, Running Boards, Heated Seats, Rear Air, nothing else too exciting, oh did I mention only 50k miles?
    Very nice condition, no dents, scratches etc....but here comes the story....as I was trading it in, one of the guys at the dealership ran a carfax and an accident history came up....so i thought i should put this in here
    As far as maintenance, all scheduled maintenance has been completed, tires are very good, brakes the same

    What I Bought:
    2001 Mercedes Benz E320 4 Matic Wagon
    color is technically called Dark Turquiose with Java Leather-whatever
    59k miles
    Third Seat, Heated Seats, moonroof, etc-IT'S A BENZ
    Brand New Michelins all the way around
    Very nice inside and out
    Carfax shows one owner and all service history

    sooooo....all that said and done-what do you think the numbers should be and what my "difference" was...hopefully i did ok...(thats why I bought the car in the first place) and hopefully you'll strengthen my morale when I hear your numbers...
    thanks again!
  • lowespittlowespitt Member Posts: 4
    Columbia, SC
    2004 Mazda 6s
    5 Door (Hatch)
    V6
    FWD
    13,300 miles
    Volcanic Red / Charcoal Cloth Interior
    Sport Package, Spoiler, CD, Auto Climate Control, 5SPD, 17" Alloys, PW, PDL, etc...
    Very good condition. Normal paint chips on hood and bumper on this car. Interior super clean.
    Tires Original - Rotated Once
    Brakes Original
    Did the maintenance myself
    No claims / No accidents / No repaints

    Purchased 9/06/04 (Still has 3/36k manufacturer warranty)

    Thinking of trading on an 05 Toyota Tacoma Pre-Runner Access Cab. Whats the best I can do?
  • zodiac2004zodiac2004 Member Posts: 458
    While we wait for the experts to chime in....
    Let's say your explorer is worth 4K. And the new CRV 20K. The 16K difference will buy a lot of fuel. So I think if your current vehicle is otherwise reliable and you trust it to handle your daily commute, the most economical option is to drive it until it's no longer driveable.
  • dkuhajdadkuhajda Member Posts: 487
    Ditto, 16K will buy a lot of fuel.
    Lets not forget it is almost winter and the Exploder lives in PA.
    $4K right now sounds a little over the top. the day after 14 inches of snow and $4K might be easier to get.

    There is a 97 Exploder XLT V8 4wd with 125K that looks in really nice condition and has all maintenance records available and an asking price of $3,900. It has been sitting for almost 3 weeks down the road a bit (Indiana). Most dealer lots with similar are asking $4,900 so I would think private party should be less. There are lots of 100K Exploders out there right now. As for your asking price, look up the lowest 25% of the dealer asking prices in about a 200 mile radius for the 96 to 98s with 100K+ miles and figure out what you think you should be asking. I'm thinking anything over $4,900 asking is too much.

    Do the math, a difference in MPG between 17MPG and 30MPG at $2.50/gallon and ~30K a year is only around $1800, $2300 at $3.00/gallon. Just to save on gas cost is not the reason to trade it in. Now for your next purchase when the Exploder starts to become less reliable, consider fuel economy in your decision.

    BTW the Exploder could carpool 4 adults very comfortably.
  • runbikerunrunbikerun Member Posts: 2
    Sorry, the car below is automatic with steptronic transmission. It is located in San Jose, CA and was trying to trade it in at a Toyota dealer. Thanks!!
    **************
    Hi, Could you please help me out? Dealer says they can give me $18k, but Edmunds says $21.9. What is the "real world value" of this car?

    Anthracite
    55k miles
    Black leather interior
    Sport Package
    Navigation
    CD changer
    Sport seats
    Rear split seats with center open to trunk
    Xenon lights
    Front and rear airbags
    Tinted windows
    New tires

    "Clean" condition 530i - Interior perfect (no stains, tears or other damage)

    Has two dime size dimples on the center of the rear bumper (no paint damage), can see when you look at from angle. Also a very small ding on the rear passenger door.

    Thanks for your advice.
  • wantacrvwantacrv Member Posts: 3
    Thanks for the feedback, I have certainly looked at both sides of the argument. My thinking was that if something else major went on the truck (transmission etc) I would not fix it . At that point it would be worth virtually nothing.

    At least I could get back in trade the majority of what I put into it which as it stands now is @ 6K if I was able to get 5K. Does that make sense ?
  • zodiac2004zodiac2004 Member Posts: 458
    At least I could get back in trade the majority of what I put into it which as it stands now is 6K if I was able to get 5K. Does that make sense ?

    Not really. It doesn't matter at all what you put into it. What you have currently is a 115K mile Exploder. And I don't think you can get anywhere near 5K in trade anyway. But you are right about junking it at the next major repair. The truck may surprise you by running a long time without major repairs. Since you already own it, why not take the chance.
  • mvs1mvs1 Member Posts: 462
    Here's where I would not agree with the other posters. While fuel costs should not be your only reason for trading this car in. From what you have described in your original post this is not a shining example of a car that has given it's owner "No trouble". As you have stated the next major repair will result in junking the car.

    By your user name description you actually "want a CRV" and it is a great vehicle that offers similar attributes as the Explore less towing capacity, etc. I could be wrong but there are no major changes between the 05 and 06 CRV, you have an approximation of what your car is worth. Drive to the dealer and take a stab at trading it in.

    If the CRV is within your budget and the deal is right, go for it. If/when the "Exploder" goes, you have nothing to trade in.
  • gashachgashach Member Posts: 1
    Location: Albany, NY
    Year/Make/Model:2003 Hyundai Accent
    Body Style: 2dr with hatchback
    Engine: 4 cyl Automatic
    Driveline: FWD
    Mileage:10,800
    Color: silver exterior /grey interior
    Major Options: base model
    Condition: Good
    Details of interior and exterior, including dings, scratches etc.
    Tires - new
    Brakes - good
    Maintenance - good
  • qbrozenqbrozen Member Posts: 33,692
    Base model 3 door Hyundai Accent. OUCH!
    hope you are prepared to hear the real value on this one.
    you don't owe money on it, right? (crossing fingers)

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • woodywwwoodyww Member Posts: 1,806
    I suppose you could flip a coin between the advice of posters who say to keep it & hope that nothing (else) goes wrong, & I think msv1 who said to trade it on the CRV. If you can afford it--I'd vote to dump it/sell it/trade it for whatever you can get, & go for the CRV. (Personally I hate pouring repair $$ & gas into older unreliable gas hogs). But you may be in for a shock when you find out what you can really get for the Exploder--I wouldn't play "hard to get" with this beauty.....
  • wantacrvwantacrv Member Posts: 3
    Thanks, as I mentioned the car had engine issues that were pretty well documented. The truck ran very well before and after the problem as well as when I put the new engine, cats and radiator in. so I have no real complaints other than my experience with Ford. I will not buy another Ford because of this. The vehicle was 31K was well cared for, and one of the service managers said "well it doesn't owe you anything" I think it is time to move it though, so it sounds as though the the new engine and parts add nothing to the trade value.

    I do see other trucks out there for 5 - 6 K but assume they have the original engine and probably have not had cats, or radiator replaced. Just though mine would be considered better since all of the major components except the trans are young making it more appealing.
  • woodywwwoodyww Member Posts: 1,806
    You might get a bit more selling it privately, because of the new engine, cats and radiator. Or not. You wouldn't get any more from a dealer, & a lot of dealers will just send this one to the auction. If you're depending on getting $5K for this Exploder.......I'd just say, start running some ads, &/or schlepping it to Honda dealers to see what they'll give you. You might get $3K for it +or- $500-$1000. That's just a guess, but those other ads are just "asking prices". Good luck tho!
  • corvettecorvette Member Posts: 11,184
    Now for your next purchase when the Exploder starts to become less reliable, consider fuel economy in your decision.

    We may have different measures, but I think that, having needed an engine replacement already, it already qualifies as "less reliable."
  • qbrozenqbrozen Member Posts: 33,692
    Honda dealers are giving us a hard time.

    Can you give me some numbers on these?

    First ... what are the '05 Pilots going for at the block?
    There's a used-car dealer who has a Maroon '05 EX-L with 5k miles on his lot.

    2nd ...
    '04 Chrysler Pacifica with 17K miles.
    This is LOADED. DVD, Nav, and every other silly little gadget and gizmo.
    Dark blue

    Will I ever be done car shopping? probably not!

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • aaron_taaron_t Member Posts: 301
    Sterling Heights, MI (Detroit Metro)
    2003 Ford F-150 Supercrew Lariat 4x4
    5.4L/auto
    34000 miles
    Dark Grean out, tan leather in
    Options: moonroof, captains chairs, heated front seats, power pedals, power rear slider, LSD, FX4 off road package, towing package
    Extras: side steps, soft bed cover, 2-way remote starter, plastic drop-in bedliner
    Tires - 33" BFG AT's 50%
    Brakes original and solid
    oil changes 3000-3500
    All service records which have been minimal
    Body perfect - no dings

    I'm interested in trade in and private party values should be. Edmunds TMV gives me $18.7k/$20.4k.

    Thanks!
    Aaron
  • cmohlercmohler Member Posts: 1
    Location: Bloomington, IL
    Year/Make/Model: Toyota Sienna
    Body Style: [2dr/4dr/wagon] 4 dr mini-van. Power sliding door on passenger side.
    Engine: [3.5 liter, 4/6 cylinder, auto/manual] 6 cylinder automatic transmission
    Driveline: [FWD/RWD/AWD/4WD] FWD
    Mileage: 79,000
    Color: [exterior/interior] light green, gray
    Major Options: [alloys, sun roof, etc.] It has the roof luggage rack, a rear spoiler, the power sliding door. It also has 2 captains chairs in the middle row and a bench in the back.
    Condition:
    Details of interior and exterior, including dings, scratches etc. - Interior in good condition, with one problem. The mirror on the driver's side fell off and is currently not attached. Could be fixed though. The exterior has some door dings. My place of employment is really bad about that.
    Tires - new or % worn - the tires are new < 5000 miles on them.
    Brakes - new pads
    Maintenance
    Other: Indicate prior damage/insurance claims, repaints, etc. - no damage
  • zenkingzenking Member Posts: 22
    Thanks to all who posted with feedback (especially Terry) on my 2000 Sienna XLE. I just sold it for $11,200. Recall I had proposed listing it for $13,200 but you convinced me I was high. I started out at $12,500, dropped to $11,995 after a week and just let it go today to the first looker. I did spend about a day cleaning it up and giving it a final coat of Zaino, I'm sure that helped. The buyer seemed very interested in the service records I was able to produce. That looks to be a big factor in favor of a private seller compared to the lack of knowledge most dealers have on used vehicles they sell. I just bought a 5-year old Maxima for my daughter from a dealer who had no clue as to what type of service was performed. I used that as a bargaining point in price negotiation. Anyway, there's a lot of competition out there and I'm happy with the way things turned out.
  • biggitybiggity Member Posts: 25
    Terry?

    Here's one that might interest you:

    2002 Jeep Liberty Limited (nice features)
    Portland, OR
    2WD, 3.7 L, 6 cyl, auto
    Miles: 38400
    Non-standard options:
    4-wheel ABS
    Hitch
    Color is red (popular, I think).
    Fabric/cloth interior.
    Recently had major service and brakes.

    Never had any red flag issues.

    Condition: Most excellent (though I haven't much experience).

    On the outside, I discovered, only after the dealer salesman pointed
    out, 3 small dime sized and shaped chips near where a rear wheel mud
    flap would be. Also, a very light 6 inch scratch on the hood, which I
    also had never noticed, looks like it could be a dirt mark. Tires
    probably need to be replaced soon.

    Inside, some minor depression markings from child seats that may work
    themselves out. Stained floor mats, but not floors. I've got the
    vehicle loaded as I bought it: with manual, warranty, and other
    paperwork and the spare tire wheel lock socket.

    Put a sticker on it, and you might confuse it for new. (In fact, I
    still have the sticker. Maybe I'll tape it on as a joke.)

    When the salesman looked it over, he seemed to appreciate a decent
    trade-in, as if he was trying, but couldn't quite hide his good
    feeling about the trade. Then his sales manager or whatever looked it
    over and drove it. Same thing.

    Then (of course) they low-balled me: $8900. One forceful complaint,
    and about 5 minutes later, the price was $100 shy of $11000. Nothing
    else changed on the deal. I was at 1% over invoice on a good selling
    import model, irrespective of trade price. We did the new car price
    first (which was a ridiculous price at first as well).

    Would this Jeep go to auction or be kept for the lot?

    How does the 2WD/4WD issue affect Jeep trade-ins?

    Are gas prices really affecting SUV sales?

    It was great, the whole time the guy was saying how he never lied. My
    response: Is that a halo, or is that your bald spot?

    Some naive questions about auctions: What do you think of someone
    trying to visit an auction to figure the value of their trade-in?
    Would it work? Is it worth the trouble? Would it be easy for a
    regular joe to get into an auction? Are they held on weekends? Can
    auction results be had on the Web? Can you get the dealer to tell you
    recent auction prices? How does the dealer determine ACV? And
    exactly how would you phrase the question if you wanted the dealer to
    tell you?

    Ah, well ... I have lots of questions.
  • woodywwwoodyww Member Posts: 1,806
    I'm not Terry, but you have a lot of questions so I'll take an (amateur) stab at a couple:

    *What do you think of someone
    trying to visit an auction to figure the value of their trade-in? *

    Might be good, if you have tons & tons of time & enjoy that sort of thing. Asking Terry is way easier & probably more informative. Also fee-bay can be informative--check "completed" auctions as well as current ones.

    *How does the 2WD/4WD issue affect Jeep trade-ins?*

    I'm fairly certain a 2WD SUV anything is worth less than a 4wd (duh).

    Have you checked the Edmund's price on your Jeep? It's a rough guide, but way better than nothing, & sometimes seems pretty right on. Could it be you have a good deal already at the dealer you mentioned? Not saying you do, but it's possible.
  • biggitybiggity Member Posts: 25
    Thanks for the stab, woodyww.

    I guess part the idea behind going to auction vs. Terry is that I don't know much region affects market prices. Do people in Florida (Terry's area?) want the same thing in a Jeep as northwesterners do here?

    Regarding 4WD, duh. What I'm wondering is whether people looking for used Jeeps are usually looking for a real off-roader. Is it really hard to sell a 2WD? How much does it affect price?

    I don't know if it's a good deal, mostly because of uncertainty about the trade-in. I spent a lot of time, and the dealer knew I wasn't your average buyer, for sure.

    One other question, do dealers try for a certain mark-up on a trade-in that's is going to auction. In other words, suppose a dealer thinks he can get $12000 at auction, and I've gotten him to lowest or with a couple hundred of his lowest (so he's still making the lowest profit that he'll take) on the new car if it was selling without a trade-in. What's his feeling about the deal? Is he thinking, man, I need to value the trade $1500 below the auction amount? Or is he thinking, if push comes to shove, I can give $12000 for the trade and make money just as if it was a deal with a new car and no trade?
  • corvettecorvette Member Posts: 11,184
    Up north, 4WD is a more valuable add-on than it is in Florida, especially in the winter. People in Florida generally don't care about 4WD unless they travel north a lot or are hard-core off-roaders.
  • jsylvesterjsylvester Member Posts: 572
    Turns out the car did have the trunk CD changer - dealer did come down $200 on the Grand Marquis, to $11,800. I know is it a Mercury that sold new with a lot of rebates and discounts, but the car listed new in 2002 at $29,855, which is a stunning amount of depreciation.

    The dealer let me take the car, and signed over the title to me, even though my certified check from my New York bank has not arrived yet - I neglected to set up my wire transfer ahead of time. I still owe them almost $7,000, so they must trust me.

    The Intrepid will not be missed - now the issue is getting my wife to let me keep the 94 Grand Marquis.
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