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Real-World Trade-In Values

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Comments

  • asafonovasafonov Member Posts: 401
    Disclaimers: 1. Color is important. 2. Buy what you like.

    I would not say that red is that different from other darker colors as far as maintenance and how it shows dirt. Is it bright, fire-engine red or dark, burgundy red? (I've owned both.) Dirt definitely is more noticeable on the burgundy car compared to a silver one.

    That said, you may want to expand the range of your used car choices. Both of these are nice midsizes - but many people on the boards with more experience that I have have shared horror stories of VWs and Saabs practically living in the repair shops. And 02 are likely to be out of warranty, too. Does not mean that this is bound to happen to you if you buy a VW or a Saab, it is just that the odds of it are higher than with most Japanese and domestics.

    I don't know from edgy, but fail to see how the Saab and the Passat are more ecologically correct than the boring Accords, Corollas or perhaps less boring Mazdas (the former two are likely to be "greener" than the Europeans - less emissions.) At $15k, you are (comfortably? experts here may tell you) in the range of a 03 Accord LX or an 02 EX, nearly new Corolla, Vibe or maybe Mazda3.
  • 28firefighter28firefighter Member Posts: 9,821
    Location: Just outside Philly
    Year/Make/Model: 2003 Audi Allroad
    Body Style: Wagon
    Engine: 2.7T V6 AUTO
    Driveline: Quattro
    Mileage: 45,000 miles
    Color: Black over Black/Grey Two-Tone Leather

    Major Options: Upgraded Wheels, Sunroof, Wood inside, Bose Stereo, Thule Bike Rack, Xenon Headlights...Basically Every option available except NAV

    Condition:
    Interior and Exterior are in good shape, a couple minor scratches from the Mid-Atlantic winters, but nothing major. Interior is clean, seats look hovered in. All the car needs is a wash to be frontline ready.

    Brakes and Tires are all fine.

    Car is meticulously serviced, and has been serviced on the Audi recommended intervals and all recommended work has been done. Have all service records, has been serviced at the same dealer we purchased from.

    We bought in Summer '04 as a CPO, is still under the 4yr/50,000 mile original warranty, and then has an additional 2yr/24,000 mile CPO warranty when that expires.

    Other: We are the 2nd owners, car has been maintained regularly at the Audi dealer and looks great. Unfortunately, I am not so confident about it mechanically. It makes a thunking noise when stopping or turning that the Audi dealer we purchased from and get it serviced at cannot seem to reproduce, even after going for a ride with us in the car and pointing it out. Have taken it to two other dealers with the same results, and have service records to prove they were unable to reproduce it. I'm sure this will reflect poorly when we go to trade or sell it.

    Could you give me Trade-In and Retail values for this thing?

    Thanks!
    Alex
    2025 Jetta GLI Autobahn, 2024 Jeep Grand Cherokee 4xE
  • kk2482kk2482 Member Posts: 33
    I didn't realize that VWs and Saabs don't have a good track record in the long haul. THANK YOU for the heads up!

    For a used car, what types of warranty options are available and who is the best business/person to purchase this from? What price should I be expecting? I do want to purchase a used vehicle with less than 50,000 on it. Here is what I think I understand - no matter where I purchase the used car I can still go to the original manufacturer to purchase a warranty (right?)

    I am wondering 2 things:

    1. If the car is out of warranty, I can still purchase an extended warranty that covers just as much as a reg. warranty - correct? Or are extended warranties like a skeleton warranty?

    2. What do I need to be looking for whether searching online or at the dealership?

    THANKS for the assistance... it's greatly appreciated!! :D
  • mark156mark156 Member Posts: 1,915
    Kristy, I'm not a mechanic or in the car business... but, if you have ANY worries about car repair you really should buy a Japanese product (Toyota, Nissan, Lexus, Honda, Infiniti).

    I have never been a fan of extended warranties because they never seem to cover everything and have SO much red tape to go through. Most even have deductibles. The money that you spend for the extended warranty will pay for several big repair bills if you ever have any.

    Whatever car you decide to buy, have it checked out by a private mechanic that you trust.

    If you want something used and "edgy", maybe an Accord Coupe, an Infiniti G35 sedan, a Civic coupe, a Lexus IS or maybe even a bug convertible.

    Since you are a female and feel a little uncomfortable in the car buying situation take someone with you whether it be a guy or girl. As long as you trust their instinct you should be OK. I would buy a vehicle that will give you the least trouble. (statistically)

    Good Luck, Mark 156 :D
    2010 Land Rover LR4, 2013 Honda CR-V, 2009 Bentley GTC, 1990 MB 500SL, 2001 MB S500, 2007 Lincoln TC, 1964 RR Silver Cloud III, 1995 MB E320 Cab., 2015 Prevost Liberty Coach
  • corvettecorvette Member Posts: 11,272
    I would only consider an extended warranty underwritten by the vehicle manufacturer--not just whatever the dealership happens to be selling. That would give you the best chance of having any repairs covered--you will have to have the repairs done at the dealer. Read the Warranty Gold threads in the Finance forum for a better explanation of why third-party extended warranties may not be a good purchase--in short, the underwriting company may cease to exist, and leave you with no recourse.

    I believe Saab and VW both offer Certified Pre-Owned programs which provide a manufacturer-backed warranty. You might look into this.

    The manufacturer will probably not write an extended warranty on a car that is out of the factory warranty already.

    Mark156 is correct in saying that the brands you have mentioned (Saab and VW) have very spotty reputations for reliability. Best of luck with your purchase.
  • rroyce10rroyce10 Member Posts: 9,332
    .... ** have a 2002 Toyota Camry LE auto, with power windows/locks, ABS as extras, low mileage ~30K. The only problem with selling at a good price are a a few dings from fender benders.
    The front right bumper and rear left bumper have cosmetic scratches(no damage to the plastic underneath). The driver door has a very small dent that I will try to have fixed with Paintless Dent Removal. However, the main issue is when the left rear bumper incident occurred, the right rear quarter panel has a slight vertical crease in it.
    My question is how much that, if unfixed, should reduce the trade in value of my car? Not sure how much it would cost to fix. Should I fix it?
    I think in excellent condition, it should fetch somewhere around 10-11K as a trade-in and 12-13K in a private sale. Any help would be appreciated..**
    ===================================

    You didn't leave me a location or a color .. so today you live in Philly and it's a shiny black one .......

    It's hard to say what the damage would cost without lookin' at it, it always -depends- on what it is ... that said, a dealer "might" see $500 or he "might" see $1,500 ...

    Body work is always a funny thing .... just had a guy with a low mileage Titan with a "baby ding" on the drivers side rear bumper and a scratch about the size of a small Xmas ornament above it from some last minute shopping at Wal-mart .. his insurance company will pay him $1,950 to have the bumper replaced and have the rear quarter tail painted and blended ..... he doesn't understand why I will only give him $15,000 "fixed" and $18,0 "as it sits" --- it's easy to explain away a thumbnail dent and scratch, having the whole rear quarter shot and blended and then having to "Splain" it away all day makes for a tuff tuff sale .... got it.?

    In your case .. the vehicle is probably worth in and around the low/mid $10's, maybe get real lucky and see the low low low low low $11's if you didn't miss the Christmas service at midnight .... me personally, I would send this one down Retail Rd .. a super detail, a Fat daddy Ad in the Big paper and: $13,495 *asking* and let someone insult me with $12,5ish .... but take it .... the small miles, the LE and the ABS should send it packing (properly done) ...

    ... don't forget to let me know ...........

    Terry. ;)
  • rroyce10rroyce10 Member Posts: 9,332
    .. **Hi. Could really use some help in NJ. My wife was in an accident with our 2002 Chrysler Town&Country (front end damage). Before the accident it was in good condition with just under 37,000 miles. The body shop is estimating $9500 in repairs (and the work is guranteed for as long as we own it; insurance co says that the body shop is tops in the area). Insurance Co. wouldn't total it as they say it's worth $16,000. They're sticking with that figure, though I pointed out that it's way high.
    >>>>>> My research shows that I'd probably get around $10,500 on a trade before the accident. I would absolutely disclose the damage. Can anyone give me an idea of what I could expect to get if the van were fixed and then I traded it in? I guess you should consider the work being done to be "top notch" quality.
    Thank you.
    ==============================

    Not much gets by Mathias ...... I had to read it 3 times.

    $16,000 .......?!? .. YIKES ... and what country might that be.?

    Hmmm, lets see ........

    It's an 02, it's a low mileage TC, lets say it "was" a low mileage "clean" one with all the stuff, and "lets say" it used to glow in the dark .. $16,000.??? .... it might be worth the $12's if it was a Limited and maybe the $10's if "was" a loaded out EX on a trade ....

    ~Somebody (somewhere)~ could *ask* $16,000 for it on the Retail side ... then again, somebody could also hope to hit the Publishers House Sweepstakes for $10 million, or hope their club head speed was 125mph like Tiger Woods - of course somebody could go to Home Depot and get 300lbs of potting soil and make a planter out of it for $16 grand ..l.o.l..... it's an "oh two" - not a "oh six" --- being a "Limited", dealers would send one south for the tall $13's faster than Joan Rivers gets facelifts .....

    Like Mathias mentioned ~ $9,500 will make a good starting figure ... but I have a stupid feelin' by the time they do the "tear down" and have a few more Eggnogs in the next 2/3 weeks I betcha that figure will stagger into the tall $10's low $11's in the final repair (body shops have this down to a science) .... no matter what the final figure is, you'll be drivin' a $5,0/$6,0 vehicle the day you leave the body shop -- this is a total .... forget the van, get the $10/$13,000 and call it a day ....

    Don't forget to let us know ............... :sick:



    Terry.
  • graphicguygraphicguy Member Posts: 14,120
    Terry.....got some interesting ones for 'ya.

    This from a quasi friend going through a divorce in SW OH. Both cars were bought new and garaged.

    --What's the worth of....

    '98 Mustang Cobra convertible w/leather and manual tranny. Red w/tan top and tan leather inside. All loaded up. ~23K miles. Good shape. No wrecks. No noticeable K-mart encounters of the "ding" kind. Maybe a couple of slight rock chips on the front. Inside is as clean as a sleeve of new golf balls.

    '05 'vette coupe. Burgandy (supposedly an extra cost premium paint option), tan hides inside....Auto tranny.....Navi....mangetic ride (?)....Bose.....~6K miles. Looks new....smells new!

    He'll probably throw in his hair piece to move these quickly.
    2024 Kia EV6 GT-Line AWD Long Range
  • relewisrelewis Member Posts: 2
    G,
    I should think it was obvious that I was referring to flawless in the context of a USED car. In other words there is normal wear with no unusual or extreme wear. Let's be realistic here we're not 12 year olds arguing over a baseball card.

    REL
  • azbmwx5azbmwx5 Member Posts: 10
    Hi:

    I am trading a 2002 BMW 325ci silver with black coupe. I have done the research here and at the other site, bit I want a realistic estimate. No dings or other damage to the exterior. The car has sport package, leatherette seats, sunroof, premium tires rims (18" with pilots), bi-xenon lights. It has 33,014 miles on it. I had leased it but bought it out as the car is worth more than the stated residual. Please let me know what a trade or private sale should bring in Phoenix, AZ area. I appreciate your help and Happy New Year!
  • gallileogallileo Member Posts: 51
    Rel:

    "Flawless" is a statement of absolute condition. When you say that, you are saying, "You cannot find a flaw in the interior of this car."

    But what, it seems to me anyway, you are intending to say is, "You cannot find any unexpected flaw in the interior of this car." or possibly, "You will find fewer flaws in the interior of this car than you expect."

    Either way, if I can find flaws in the interior, it's not flawless.

    As soon as you qualify "flawless" with "in the context of a used car with 51K miles", it makes a lot more sense just to say, "far below normal wear and tear".

    Too many car owners believe that their car is in much better condition than it really is, and it clouds their judgement on how much their car is worth. They have been overlooking the wear on the steering wheel so long that they don't even realize its there, but to accurately asses the value of their car, they need to take that wear into account.
  • rroyce10rroyce10 Member Posts: 9,332
    ... ** have been researching my options online for about seven months. I, like so many, I need something economical and with an edge to it. I don't know which choice to go with --
    >>>> I've narrowed my options to a 2002 Volkswagen Passat or 2002 Saab 93. Are these 2 good options for eco and edgy? I want something in the $12000 - $15000 range, with around 30mpg avg. ANY SUGGESTIONS? I must buy a newer car soon. It is necessity. Please help me!
    ====================================



    Suggestions ....?

    ..... forget the Saab .. they have the reliability and the resale value of a Kia and if you're looking for gas mileage drop the Passat ..... Mazda 3/5 or Protege', Honda Civic, maybe an Accord, maybe a 01 TL Acura, 03 Altima ...... your kinda all over the place because of the price -- and red is fine, if ya take care of it .. that said, unless you're drivin' DB7 or a certain Porsche there's no "upcharge" .... it's just a color and in some cases even a deduct.



    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ... **Hello,

    I am looking at a 2005 Volvo V50 offered at $28,000 which looks almost pristine, several very fine scratches. Other boards recommended asking here for either the cost at auction for the target or some knowledge of what the dealer may have paid. The facts....

    T5 AWD
    11,500 miles
    Premium Package
    Convenience Package
    Climate Package
    Convenience Package
    Xenon Headlights
    DSTC

    Trade in is a 1994 Mazda protege with 150K miles which looks rough.
    ======================================

    Depending on the history, the color, condition and the LOCATION ... the dealer might have paid the tall $22's low/mid $23's, might have dropped a contact and went blind and dropped the tall $23's in it ~ Maybe .. so it probably hits the table in the strong $24ish range with a CPO .... the Protege', depending on the condition might be worth $500/$900 ... this close to the end of the year, I have a funny feelin' you might be able to snag the V50 (nice cars) for your ol' Mazda and the $25/$26ish range - plus the ttl ....

    How far have ya got so far ..............?



    Terry.
  • audreymaudreym Member Posts: 103
    Do yourself a favor and stay away from the Passat for reliability reasons too.. we have an '03 that has been nothing but a headache. I agree with Terry about the Acura TL - might be one of the better choices out there.
  • jlawrence01jlawrence01 Member Posts: 1,757
    ... forget the Saab .. they have the reliability and the resale value of a Kia
    ================================

    My Saab driver in my fleet **FINALLY** admitted that he made a mistake in choosing the 2004 Saab 9-3 today. It has been in the shop four days this month as the driver's window will not close and the electronic seats aren't moving.

    So far, the Saabs has been in the shop more than the 1995 Windstar PLUS the other 15 cars in the fleet put together.
  • woodywwwoodyww Member Posts: 1,806
    I won't rag on VW's (despite my own horror story with one), because everybody here's already done that.

    But for $15K, I think you should be thinking NEW, not a 4 y.o. car with 50K miles. Buying used can be way harder than buying new, unless you're fairly experienced. For *eco and edgy*, what about a New Honda Civic (well, a bit more than $15K), Corolla, Scion, or Mazda 3? You can buy a new Prius for about $22K, not saying to do that, but it's the most "eco".....
  • kk2482kk2482 Member Posts: 33
    Thank you Terry for the caution. I am researching the 01-Acura TL along with the Honda Accords & Civics available. I haven't found many newer Altimas for sale. Am I looking at the wrong places? Carmax is one main place I look. Any other areas you would suggest?

    I'm definitely in the market for a used sedan. I am going to Carmax tomorrow to look at a Mazda3. A few friends tell me to steer clear of Mazdas, Mazda6 especially. Is there any reason for me to stay away from the Mazda lineup? If I'm purchasing a car used won't the depreciation not affect me? Or will it? :confuse: I don't understand.

    I am going to look at an 01-AcuraTL on Monday. When speaking with a dealership about it what money# do I need to be watching for, and how do I go about getting exactly what price I want? It has 60,000 and is in excellent condition by the looks of it. (will I be pushing my luck on maintenance at 60000?) Looks are deceiving I know.

    ANY ASSISTANCE GIVEN IS GREATLY APPRECIATED!
  • corvettecorvette Member Posts: 11,272
    Mazdas have a good reputation for reliability, as do Nissans and Acuras. Personally, I would not worry too much about the reliability of a 60,000 mile, five-year-old Acura. After five years, the physical condition of the car will tell you a lot about how it was treated. Are there a lot of paint chips, scratches, and door dings? Do the bumpers look like the driver was used to parking by Braille? Does the interior look like it was used to haul building supplies? Don't be afraid to pass it up--something else will come along.

    The wisest thing you could do is ask to take it to an independent mechanic whom you trust and have them go over it with a fine toothed comb, including looking for signs of bodywork.
  • kk2482kk2482 Member Posts: 33
    Thank you Mark for the great advice :) I will be taking my brother with me when reviewing any cars at a dealership and I will keep that in mind about the extended warranties.
  • kerstenkersten Member Posts: 12
    Hi!,
    I think it was you, Terry, who helped me last year around this time and I followed your advice, I did NOT buy a 1991 with 235,000 miles, but I kept looking and I am in a quandary with 3 decent possibilities..THis year I am looking at 3 cars, I want to buy one!-
    #1-a 90 Lexus LS400 with 65,000, 8 cyl.,serviced at the dealer,cass/cd, one owner, records,a few minor scratches,just serviced, (with timing belt change),garaged, older couple selling for already purchased new car, asking $7,000(Edmunds high is under 5,500 and Kbb retail is about $8,600), interior no rips or tears, engine no drips or leaks,tires better than 50%, carfax clean, silver exterior with the burgundy leather, moonroof,exc. condition, all options working, ...
    #2- 1991 Acura Legend LS- 72,000, V6, asking $5,000,(near high end of retail on Edmunds, but KBB retail is 8,300),a few small dings and minor scratches,CD,some records, white ext., tan leather int.,moonroof, clean carfax, good condition, all options working,
    #3- 1994 Legend LS- 64,000, V6, white ext,.tan leather int., clean carfax, some records, very good condition, moonroof, all options in working order- asking 7,000, (KBB private party gd. cond. is 8,500, Edmunds pp exc. cond is 6,300) Can you explain why there is such a descrepency?
    I have a Honda Accord (1990), and enjoy the driving aspect and "feel" in the Legend, but I think I am ready to get a bit bigger and/or softer ride ... My question is which of these do you think is the best value?? Should I be concerned with the cars that are 15 years old?? Anyway, thanks for any thoughts or ideas that you may have.... I also posted on the Lexus and Acura boards and just received some helpful tips there...Thanks again!!
  • rroyce10rroyce10 Member Posts: 9,332
    ... **So far, the Saabs has been in the shop more than the 1995 Windstar PLUS the other 15 cars in the fleet put together.. **

    Ah come on, you're making that up ..l.o.l... I gotta 04 Aero convert rolling around with 7,500 miles that has spent more time in the shop than Martha Stewart spent in jail --- the customer would love to shoot me and I could shoot myself for selling it ... :P



    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
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    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Auto .... handshaker.? ..... the special edition 4x4 12 speed ......?

    I

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    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .. **Terry..... got some interesting ones for ya.
    This from a quasi friend going through a divorce in SW OH. Both cars were bought new and garaged.

    --What's the worth of....
    '98 Mustang Cobra convertible w/leather and manual tranny. Red w/tan top and tan leather inside. All loaded up. ~23K miles. Good shape. No wrecks. No noticeable K-mart encounters of the "ding" kind. Maybe a couple of slight rock chips on the front. Inside is as clean as a sleeve of new golf balls.
    '05 vette coupe. Burgandy (supposedly an extra cost premium paint option), tan hides inside.... Auto tranny.....Navi....mangetic ride (?).... Bose.....~6K miles. Looks new.... smells new!
    >>>> He'll probably throw in his hair piece to move these quickly.
    ===================================

    It all depends on the hair piece .. if it looks like a B-52 flying at ya then you know the guy will be very negotiable ..l.o.l... (what kind of golf balls.?) ..

    These Cobra's still pull some serious $$ .. this one has looooow miles and the right color combo, if it's a nice one, clean to the bone, lights up like a Christmas tree and has -0- work .. then the dealer probably paid the super ultra strong $9's low/mid $10's for it, and it wouldn't surprise me a bit if he had the low $11's in it .... if you could grab one for the $13's then that would be a deal, cuz' come spring in Ohio someone somewhere will pay $15/$16+ for it in a nano second, so a Yankee dealer won't care about storing it for 3/4 months ....... "if it's a nice one" ...

    Vettes, now they're a little different story, plenty of them come spring .... this one has the right color, right guts, right options and no miles ... it's probably worth in and around the tall $41ish low/mid $42ish range ...

    .. whats he asking ......??


    Terry.
  • steine13steine13 Member Posts: 2,825
    Two comments:

    "magnetic ride" refers to some trick shock absorbers, where there are magnetic particles in the fluid... this does nothing.... UNTIL a magnetic field is turned on externally, which makes the particles all align a certain way and changes the resistance with which the fluid goes through the little holes and passageways in side the shock.
    Ergo, when it works, it can change the damping firmness "up to 5 times a second" or something like that, I read a C&D article a while back.

    Pretty sweet technology, but I buy my shocks at Autozone for $46.99 and I shudder to think was these babies will cost to fix.

    Also, it is "burgandy" the same way it is said of an engine that it "runs good". The non-automotive name of this color is "burgundy", like the wine.

    The car world even has its own grammar and spelling rules.... "needs replaced" is another favorite of mine.

    OK, the girls are still in bed, I'll go to the garage and yank out the rear struts on the Civic... at these parts prices, I will make a decent car out of it by spring...

    -Mathias
  • graphicguygraphicguy Member Posts: 14,120
    Terry....private owner wants $14K for the '98 Cobra 'vert and $48K for the '05 'vette coupe. He went through his "mid life crisis" and then the little lady decided to trade him in for a model with fewer miles and less wear and tear after the kiddies got all "growed up". Sounds like he's close on the Cobra and way optimistic on the 'vette. I'll let him know your take on these. TANKS!

    Mathias...them 'vette shocks sound like they're real "high tech". But, as you say, once they go, you'd probably have to get a 2nd mortgage to replace them. Guess I still need some "learnin'" when it comes to grammar and spelling....LOL!
    2024 Kia EV6 GT-Line AWD Long Range
  • woodywwwoodyww Member Posts: 1,806
    I still don't understand why you "have" to buy used?? If your upper price limit is $15K, why aren't you looking at NEW Mazda 3's, or Civics, or Corollas? Why do you feel compelled to take on a 60K mile car when you seem so baffled by used car buying?

    New car buying is usually more "cut & dried" with many less issues to consider.....including the maintenence & repairs even a reliable 60K mile car will inevitably need at some point (brakes, exhaust, tires, battery, etc.). :confuse:
  • kk2482kk2482 Member Posts: 33
    $15k is my upper price limit yes, but I want to purchase a used vehicle that I have already researched and know their background. I have thought about this for awhile - Used/New? EVERYONE - Am I Making the Wrong Decision!? Give me your opinions, please! Also, with $15k I can purchase a nice used car that's already been thru the hiccups, plus the depreciation is gone. Am I Crazy?

    I would buy a new Mazda3, but I already have 2 Mazdas one of which wasn't my choice AND the Mazda dealership hasn't been the easiest to work with on any occasion. Another thing is the mpg, 25-32? That's what you get with a 4c w/dohc. My experience tells me to wait until Mazda has enhanced their vehicle to compete with the Civic and the Corolla - fully!

    I just reviewed some specs on the new Civic. This suprised me that the Civic has less hp, torque, and mpg than the Corolla! With the Corollas - I don't like the way they look, but with 41mpg thats definite +.

    I'm frustrated. Can anyone give me direction? :sick:
  • anonymouspostsanonymousposts Member Posts: 3,802
    has more HP and torque than the Corolla. It also comes standard with lots of safety equipment that is optional or not available on the Corolla. The Civic automatic gets 30/40 which is better than the Corolla automatic. The manual Corolla gets better MPG than the Civic manual but the Civic manual transmission is significantly better than the Corolla's.

    It seems to me that your buying decision is being based more on image than practicality. That 60k Acura is probably a reliable vehicle compared to other 60k cars but with a new car you get a warranty for at least 36 months/36,000 miles. As pointed out here before at 60,000 miles the maintenance becomes more expensive and the risk of little things breaking goes up.

    If you don't like the way the Civic, Corolla, and Mazda3 look or drive then maybe you should consider a lightly used Altima or G20.
  • steine13steine13 Member Posts: 2,825
    "Also, with $15k I can purchase a nice used car that's already been thru the hiccups, plus the depreciation is gone. Am I Crazy?"

    No, not crazy, but you're baking your assumptions into your decisions.

    Hiccups? What hiccups? My '03 Sienna hasn't been back to the dealer. Not once. My '04 Vibe was back for replacement of a rubber bellows that was done in 10 minutes. Hiccups my foot.

    "Depreciation gone?" There's $15 of depreciation sitting on the curb, whether you buy new or used. The old saw about "loses 30% the first year" is baloney. Yeah it's gonna cost you if you buy new and sell after one year -- usually -- but nobody every showed me to buy a 1-year-old car, do the same, and not lose a bunch of money.

    In particular, the cars you are looking at don't depreciate much at all... and if I wanted to buy a TL, which I don't, I'd buy it new and have done with it. These aren't free in upkeep either; you cannot compare them to a new Corolla in that regard.

    It's up to you to figure out what's important to you, the nice car on the one hand, or the low cost per mile on the other... once you've figured that out, we can talk.

    The Corolla will be loads cheaper to run over the next five years than the TL. The TL will be way nicer. Your choice.

    Right now, you're all over the place. Not a good position to be making a $15 decision from, esp. if you're using the bank's money.

    -Mathias
  • rroyce10rroyce10 Member Posts: 9,332
    .. **EVERYONE - Am I Making the Wrong Decision!? Give me your opinions, please! ..**

    Buying a car is alot like golf .. and there's an old saying that says: "drive for show - and putt for the doh" ... a lot of golfers can drive a ball 285 yards ~ but it's the next 6 strokes it takes them to get it to the green and drop it in the hole - so they got nothin' ....

    translation: So, are you buying this car for the ego and the "hey look at me" deal .. or are you buying it for the gas mileage and the reliability ..?



    Terry ;)
  • rroyce10rroyce10 Member Posts: 9,332
    .. **Terry.... private owner wants $14K for the '98 Cobra 'vert and $48K for the '05 'vette coupe. He went through his "mid life crisis" and then the little lady decided to trade him in for a model with fewer miles and less wear and tear after the kiddies got all "growed up". Sounds like he's close on the Cobra and way optimistic on the 'vette. I'll let him know your take on these. TANKS!..**
    =====================================

    $14 is cheap $$ for the Cobra and $13ish would even be better ...... $48 for the Vette.?? .. he's got a firm grip on that dude, in another 20/30 days they will be blowin' thru the Yankee auctions for $39/$40ish and dealers will be droppin' them off on the retail side for $41/$43 just to make room for the new ones -- nice vehicles, but like TT's, Porsche's and Benz's the "super sports" get super cold ~ the colder it gets ..... :)



    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... If San Diego can roll over Denver .....

    Terry :P
  • jwatsjwats Member Posts: 72
    I am seriously looking at a 2004 SVT 2 door coupe, with 30,000 miles. " Electric Blue" with all the options:
    - leather seats
    - side air bags
    - upgraded audio
    - heated seats,
    - traction control
    - " European Package--Recaro seats, special wheels, etc"
    - 6 spd manual
    The car is in fine shape, located in Minnesota, and I think a good buy at $13,000. It will need new tires soon.

    What do you think?
    John
  • kk2482kk2482 Member Posts: 33
    "hiccups/depreciation" are weighing on my mind b/c of notes listed in forums on here. So many had listed numerous recalls and small kinks that had to be worked out in the 1st yr or 2 of ownership. That's why I figured looking at used cars was a better bet (03 models?). And yes Depreciation is a Big Factor! go to the following link and review the depreciation on the lineup of brand new Toyota/Honda/Nissan vehicles - The link: http://www.edmunds.com/apps/cto/CTOintroController

    The depreciation is always going to be in the thousands for a new car - some more extreme than others. I was just trying to be a car smart shopper, learning all thats out there to learn. That's my thinkin :confuse:

    I never compared the Corolla to the TL. I noted that I was going on monday to a dealership to look @ a TL. I also noted that I don't necessarily like the way Corollas look.

    I know what's important to me.
    1. a gently used sedan
    2. good mpg (avging 30)
    3. keyless entry (comes on most cars now)
    4. all electric (preferably w/driver lumbar)
    5. comfortable seating w/a good quality instrument panel (I don't want the buttons to pop off or smudge after a few months of use. Cheaper cars do that. Partially the reason why I want to buy a nicer used car=Better quality interior)

    ** I am not trading in my car for the one I want to purchase. If I buy a new car I'll be a 1st time new car buyer.

    I don't think I'm all over the place. I just need some direction, and that's what I'm asking you all for. :sick:
    You know more than I do... I'm just grateful for the wisdom you all care to share!!!
  • jwatsjwats Member Posts: 72
    Buy a new Civic. Or one of that ilk. Since TL's really don't depreciate very much, $15,000 won't buy a whole lot.

    UNLESS, you must have a bigger more comfortable car, and are ready for the inevitable expenses of a middle aged car. For example, TL's are very durable, but they require maintenance--which is not cheap. Put another way, these cars don't depreciate a lot, but they do wear out. So you get the worst of both worlds... a 5 yr old car with needs for brakes, timing belts, tires and on it goes.

    Good luck
  • steine13steine13 Member Posts: 2,825
    I know what's important to me.
    1. a gently used sedan


    Like I said earlier; you're baking your assumptions into your results.

    As far as the TCO calculator goes, here are the numbers for the '05 Sienna CE -- I've got an '03, so that's as close as I can get:


    Year 1 Year 2 Year 3 Year 4 Year 5

    Depreciation $2,955 $2,439 $2,146 $1,902 $1,707

    Maintenance $397 $624 $550 $1,535 $941
    Repairs $0 $0 $109 $378 $746


    I'm picking this car because I'm familiar with it... I could argue with some of these numbers, specifically the $500/year maintenance bill... I change the oil myself, und up to now -- coming up on 3 years -- that's pretty much been it, plus snow tires.

    But look at the "depreciation" number, then add maintenance and repair to it... It does not seem to me that just those 3 items added together get a lot cheaper after the first or second year.

    The 4th-year maintenance is an anomaly; it includes transmission service and radiator flush&fill and stuff like that... good luck buying a used one that had all that done... even if it was done, chances are you won't know and will have to do it again.

    It's not so easy to say that "used saves money".. it all depends on what you buy... In the above example, it's pretty clear to me that new is the better buy.

    Also, I wouldn't spend $15 of my own money on a five-year-old anything... I spent less than that on my new Vibe.

    -Mathias
  • hrtpace1hrtpace1 Member Posts: 3
    I have a 1994 Plymouth Grand Voyager LE with 171,000 miles on it. The transmission died again.
    I had replaced the transmission once on it for $2,000 and did not get out of it what I expected. The dealer only offered me 100.00 on a trade in for a 2005 Passat GLS.
    I am not happy with the trade in offer. The tires are brand new.

    What should I get for this vehicle? The body and interior are great.
    Thanks,
    John
  • dkuhajdadkuhajda Member Posts: 487
    :)
    The vehicle is worth whatever a junkyard/salvage yard will give for it. As the transmission is out, it probably will need towed to the junkyard. I am guessing that the $100 was being generous. As for the tires, they are not brand new as they are mounted on the vehicle and have been driven some. If you think the Voyager has had a lot of expensive repairs, just wait until the Passat is out of warranty.
  • steine13steine13 Member Posts: 2,825
    What dk said.
    The car is worth "nothing".
    If it still drives, you MIGHT get a junkyard to give you $50 or $100 for it... plus you can ask for the wheels&tires, which you can subsequently ebay off... and after all that trouble, you may be $100 ahead in the game.

    It's not that I don't feel your pain. I just paid $290 for four tires for an old hi-miler, and I'll feel sorely put out if the darned thing dies on me this summer.

    Good luck with your new ride,
    -Mathias
  • jlawrence01jlawrence01 Member Posts: 1,757
    Pay the $2000 for a new transmission - you can generally get that tranny replaced at an independent shop for $1500.

    OR

    Take the $100 for it.

    What do you think its worth??
  • jlawrence01jlawrence01 Member Posts: 1,757
    I gotta 04 Aero convert rolling around with 7,500 miles that has spent more time in the shop than Martha Stewart spent in jail

    I was going to offer you my '03 Saab at Black Book wholesale delivered to Florida personally. :D
  • rroyce10rroyce10 Member Posts: 9,332
  • rroyce10rroyce10 Member Posts: 9,332
    ... ** was going to offer you my '03 Saab at Black Book wholesale delivered to Florida personally. ...**

    .. ooooh, let me poke my other eye out .......

    Terry.
  • steine13steine13 Member Posts: 2,825
    And a Happy New Year to all from MI.

    I got steam heat, and the clanking woke me up at 06:00; what's your excuse, Terry?

    Maybe my neighbor ought to buy that '03 Saab.. he's got a 9000 in the garage and a Sonnet in front of it. Really. He's perfectly normal otherwise.

    Saab resale has to be absolutely in the tank.
    -Mathias
  • rroyce10rroyce10 Member Posts: 9,332
    ..**I am seriously looking at a 2004 SVT 2 door coupe, with 30,000 miles. " Electric Blue" with all the options:
    - leather seats
    - side air bags
    - upgraded audio
    - heated seats,
    - traction control
    - " European Package--Recaro seats, special wheels, etc"
    - 6 spd manual
    The car is in fine shape, located in Minnesota, and I think a good buy at $13,000. It will need new tires soon.

    What do you think?
    John**
    ============================


    I try not to think, it hurts my little brain ....

    Up there in Vikings territory .. we have a 04 SVT El Coupe' in that "eclectic bluish" color .. we got a TON of miles and it has all of that sporty type stuff .....

    IF ~ no kisses from K-Mart, no wounds from Wal-Mart, 100% serviced and the rubber is from yesterday .. then the dealer might have paid the $10/$11 range for it ...... $13 .. why bother.? .. you can buy a new "06" SES loaded-up to the max for the low $17's with Zero miles ..... 30,000 miles and it needs new round things.? ... can we spell PASS.



    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .... Wow .. clanking steam heat radiators, we had those when I was a kid growing up.! .... now there's a memory I haven't had in a long time ..l.o.l... Bud, I'm still wore out from all that drivin' thru Christmas ... I made dinner for some friends that were over, we ate, "they" watched some Alexander movie on the new screen, I watched the Giants win and I was asleep before any balls were dropped -- (so to speak) ....

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..** have a 1994 Plymouth Grand Voyager LE with
    >>> 171,000 miles on it.
    >> The transmission died again.
    The dealer only offered me 100.00 on a trade in for a 2005 Passat GLS.
    >> I am not happy with the trade in offer. The tires are brand new.
    ==============================

    Hmmm, lets look at the positives here ...

    It's a 13 year old van in a sea of 8 million others ...

    The tranny has coughed up another lung ...

    It's got super ultra tall miles ......

    Give me a week or so, I'll have to ponder this one ...

    Terry.
  • woodywwwoodyww Member Posts: 1,806
    This may sound nuts, but I owned a 1990 Saab 9000 Turbo for 10 years. One of the 3 best cars I ever owned, with minimal repairs. I think I spent.....$2000 on it in 10 years, for a $1000 complete exhaust system, & one major $1000 brake job with new rotors & stuff. (not too insane for an expensive car) That was back in "pre GM" days, when Saabs were as hot as bmw's in the Northeast.

    At least Saabs were "real saabs" back then. And they also made the coolest looking jet fighters.....

    *Maybe my neighbor ought to buy that '03 Saab.. he's got a 9000 in the garage and a Sonnet in front of it.*
  • streetsterstreetster Member Posts: 23
    I am thinking of buying a 1999 Jeep Grand Cherokee.
    First of all, tell me if it is a good car or not.

    It is a 1999 Jeep Grand Cherokee (Limited trim)
    4.0 litre V6 coupled with an auto transmission
    It's got 164K on it
    The exterior color is navy blue with a Dark Grey/Black interior
    Not many major options except the wood trim which i guess comes standard

    It is in an almost untouched condition
    The body is totally clear of dirt,scratches,dings and the paint looks very fine to me. The interior is very very clean. Seats do't have a speck of dirt on them although it may need a little vacuuming in the hatch and on the floors.
    Tires may need changing but brakes are clear with very little brake dust.
    It has never been taken off-road or mis-used and was dealer mantained until the warranty ran out.

    The seller is asking for $10000, is it a good price??
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