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Real-World Trade-In Values

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Comments

  • 4mysafekids4mysafekids Member Posts: 6
    It is a 2003.
  • cara6cara6 Member Posts: 9
    I’ve been looking at used SUV’s and just started looking at the Lexus RX300. I saw two today that were listed on Craigslist from private owners, one a 2002 2wd with 73k miles, asking price is $18.5 (but I think he’ll take $18) and the second is a 1999 wd with 115k miles- asking price $13.5k.

    Both owners have taken excellent care and both cars are in great condition. I just looked up on Edmunds appraisal and the 1999 one is a little high.

    I’m a bit gun-shy to jump in. Also another factor is that I may need to sell the car in two years so I’m also concerned about resale value at that point.
    I'm thinking the 2002 would be easier to re-sell.

    Any thoughts appreciated!
  • dkuhajdadkuhajda Member Posts: 487
    Item number: 4604607410
    2001 Daewoo : Nubira
    Starting bid: US $13,100.00
    New Smyrna Beach, FL
    klajc52z11k678175

    :sick: Looks like the first auction was ended early with no bids, but he must have given this new guy, stantriantafellu, some of his good stuff. :sick:

    I wonder if people are really that far out of touch or what. Maybe this guy on the second one decided that the price he found that was on the one year older Nubira was the price he thought should be the starting bid. :confuse:
  • im_brentwoodim_brentwood Member Posts: 4,883
    I love it!

    Yeah I felt $175k was worth it. Looks like she's already sold too.
  • jeffyscottjeffyscott Member Posts: 3,855
    Location: Milwaukee, WI
    Year/Make/Model: 1997 Ford Windstar GL
    Body Style: Minivan
    Engine: 3.8 liter, 6 cylinder, auto
    Driveline: FWD
    Mileage: 95,000
    Color: exterior - white, interior - gray

    Major Options: 4 bucket seats, rear air, alloys, privacy glass, roof rack, keyless entry, pwr windows/locks/mirrors, rear defroster

    Condition: Interior very clean. Exterior has a few minor scratches

    Tires - newer...70,000 mi tires with plenty of tread left. All four match.

    Brakes: front were done at 50K mi, so probably close to needing new ones

    Maintenance: all scheduled maintenance has been done on time.

    Other: oil leaking from intake and timing cover gaskets...pretty minor currently, but an expensive problem to fix. I am wondering how dealer looks at this, if they even notice or care? The repair would be $1700 to me at a Ford dealer, but most of that is labor...does dealer use a lower labor cost factor, when fixing cars they have taken in trade?
  • kyfdxkyfdx Moderator Posts: 265,452
    I'd shoot a little higher on the Accord.. It is the EX, so it has the moonroof and the alloys... 140K miles is not a lot for a '91 Honda..

    $2995 asking, and don't be surprised if you get cash offers for $2500 right away... I think you may pull $2700-$2800 for it... This is probably the most popular "beater" there is.. Don't sell yourself short.. Unless you are under some kind of deadline, take your time, and I bet you get top dollar...

    Your car sounds just a little bit nicer than the '90 LX model with 130K miles that my neighbor paid $2900 for this past summer..

    As far as the Civic or Corolla? I'm partial to Hondas... but, I doubt you can go wrong with either one..

    regards,
    kyfdx

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • dkuhajdadkuhajda Member Posts: 487
    I would assume it has not had a new head gasket yet either or transmission rebuild???

    Sorry to say but that vintage Windstar does not have a stellar reputation for low cost repairs. Odds are very high the dealer won't even bother fixing it but send it off to auction. You are probably looking a bit back of book value.

    If it didn't need the repairs you could foresee a private party retail selling price short of $4000. You can imagine what trade value would be if it didn't need repaired. Boss pays on average $1500 at auction for those when they need some work.
  • jeffyscottjeffyscott Member Posts: 3,855
    So if dealers don't want them, who buys them at the auction?

    Yep, no major problems at all until the other gasket issues...which would not be a big deal if their wasn't $1000+ labor required to do them.

    So given average trade $1500-1900 (sounds like edmunds is pretty accurate, I come up with $1900 on here). Am I likely to be able to trade for a 2000 or newer basic Taurus in good condition, with maybe 70,000 miles or less. I'd trade the Windstar plus up to $2000-3000 cash (I don't care about things like sunroofs, alloys, leather, fancy audio systems, ...)?

    Or do I need to ask this somewhere else...is there a "real world used car selling prices" forum?
  • dkuhajdadkuhajda Member Posts: 487
    Your corner lot dealer that has a trailer and a gravel lot and a brother-in-law that has a repair shop and is willing to do the work cut rate.

    Mostly buy here pay here lots go for one like yours. They will do the minimum amount of work to get it to last the length of the payments.

    Terry will look up exactly what they are doing at auction in your area. Realize that it is 9 years old and almost 100K, so the condition is going to affect the value a lot.

    I really think you are better off finding an independent shop to do the work, probably around $1000 total. Get a full mechanical inspection report from them. Make sure it has a super exterior and interior detail. All maintenance records on the seat along with the inspection report. And private party retail the thing out in the mid $3Ks. Advertise it at $3900 and cut it loose at any offer over $3K.
  • jpvwaudijpvwaudi Member Posts: 139
    Wholesale your van is worth maybe 7 hunderd bucks if the shell is ok.
  • jeffyscottjeffyscott Member Posts: 3,855
    So maybe a better trade plan would be to go to that corner lot and trade it for something there? Is it okay if the lot is paved :) .

    I think the condition is pretty good. I had stopped with it at a used car lot and the guy said it was "a nice, clean car" and offered me $2000 cash for it, not as a trade-in. I was not looking to replace it with anything at that time. I should have taken it because a week later, I had to spend $300 on an alternator :sick: .

    Best price I have gotten for repair is $1300.
  • jlawrence01jlawrence01 Member Posts: 1,757
    So if dealers don't want them, who buys them at the auction?

    Generally used car lots. The BHPH lot like those because they can get them a dime a dozen, do some surface work (or put in a new tranny) and sell to some credit deprived person for $4k.

    I have a '95 Windstar in my fleet with 95k miles. Interior looks really nice. The vehicle drives very well BUT ... the transmission slips periodically so its on its last legs. My maintenance guy has been wanting me to replace the tranny but I would rather spend my money on something with a better return. (g)

    If you buy an older Windstar (or Taurus) make sure that you have a good long discussion with your trusted mechanic as he'll give you a good rundown on what king of $$$ you are going to spend over the course of the life of the vehicle. (HINT: Get the vehicle pretty cheap as it is NOT a cheap car to maintain.)
  • dkuhajdadkuhajda Member Posts: 487
    A local transmission specialist will pull and rebuild the transmission for approximately $1200 and guarantee it for like 48K or 4 years. This place has a reputation for not having a repeat failure very often. All they do is tranny work and if you need one done today, they can get to it in about a week. Like all really good shops there is a waiting list to get work done.

    My feeling is for the poster. The devil you know is better than the devil you do not. If the maintenance has been done 100%, belts, hoses, fluids, transmission fluid and filter service, and the Windstar has not been used for towing, I would say fix it and bring all maintenance up to date and keep driving it. A quality mechanical inspection by someone who has no interest in you trading in the car would go a long way towards the decision.

    Given the head gasket history on the 3.8L Ford engine, I would consider finding out if the independent shop could replace it for only a little extra as they will already have 90% of the teardown already performed to replace the intake gaskets.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... I certainly don't believe the sky is falling and "Chicken Little" is at the front door ....

    But I do think there is geo-political events at any given time, like Venezuela ("was" the 2nd largest producer of oil to the USA) that started this 5 years ago with their civil strifes and nutty leader ..... so, what do we do ...? .. we vote against the renewal of the new pipline in Alaska .. the next time gas spikes, let all those Congressman and Senators that voted for it go live with the bears and fish for their dinners ....



    Terry.
  • jeffyscottjeffyscott Member Posts: 3,855
    Given the head gasket history on the 3.8L Ford engine, I would consider finding out if the independent shop could replace it for only a little extra as they will already have 90% of the teardown already performed to replace the intake gaskets.

    Yes...I've been through that logic and it, so far, leads me to...might as well replace head gasket, water pump, timing set. This brings the total up to, at least, $2000. Then the next step is I might as well get a reman engine put in. A local shop can do that for $2900 and gives a 3 year warranty (12 months on gaskets, though :) ). Then you start thinking what if I have transmission problems...like the other guy here.

    So then I end up with...either use it as is as long it is usable, or trade it for something else...since I no longer have a need for a minivan. If I did still want/need a minvan, then I would surely keep it.

    I was looking Tauri, because they are easy to find and cheap...according to edmunds pricing info. My original thought was I don't want any more V-6 engines...especially from Ford.

    I'd really rather have a 4 cylinder, anyway...but in these older 4 cylinders, I have to get a manual transmission or they are just too putzy for me. I'll probably pass this car on to one of my kids after a couple years, as I have done with two previous 4 cyl manual trans cars...all three of my kids would prefer a manual trans car (and appreciate the economy of a 4 cyl).
  • rroyce10rroyce10 Member Posts: 9,332
    ..**..** am posting to this board, as advised by Terry a few months ago. I would like to buy my leased Volvo XC90, T6, incl 3rd row seats. I am over my mi limit, at about 52,00 right now. Lease up Feb 14. Hood has a few dents from a bike rack falling on it. It did the automatic appraisal using the average condition category. The numbers came out to be Trade in 22,857; private 24,296; retail 26,931.
    My residual on my lease agreement is about 25,000+. What does this information tell me? They obviously care about condition of a vehicle that is turned in, but I assume those dents won't lower the cost for me!
    Any more advice/coaching before I make that call?
    Carolyn
    ===========================

    What *year* might his fine automobile be ...?

    Info .......................
    =====================================



    The board has been getting a little jumbled lately, but I do remember this one from before ... okay it's an 03 .....

    Your residual is $25ish, right ....?

    Right now VFS will be lookin' at the auction reports and seeing vehicles like yours are doing in and around the $25ish zipcode, so the residual figure is pretty darn close .... what that means to you is, they'll probably feel safe at rolling the dice at the auction and not losing their shirt ... that said, it never hurts to *ask* someone in the lease management department, not the pretty blonde that answers the phone, maybe they might do the $23/$24ish figure, maybe .....

    I guess my question to you is -- is it worth it.? ....

    1.) you'll have to pay the taxes and flea's on the purchase price, so there's 5 to 8% depending on where you live ...

    2.) the mileage factor..? .. this is were most folks get befuddled on a lease ..

    "Let's just say" ~ you had a crystal ball at the beginning of the lease and you knew at the time you were going to drive the current higher miles ... at that time you would have structured the lease accordingly, that means your payment would have been higher at the very beginning .. lets use (cuz' I ain't going back to look it up) $35 X 36 months as the example figure, that means you would have spent another $1,300ish (plus tax) to be in the proper zipcode ... see , whether you spend money out of your left pocket or your right pocket, it comes out of the same pair of jeans .... so it might be better to pay the surcharge and go on to the next vehicle unless you can't live without this one ... got it..?

    I hope this makes sense -- and let me know what happens.



    Terry ;)
  • bd32322bd32322 Member Posts: 2
    I have a Honda Accord 2000 LX 4-cylinder with 83,000 miles on it. It has power locks, windows etc, no ABS, no leather, no CD (only AM/FM casette). It is in excellent condition - clean car, no paint damage, no accident history, and maintenance performed including the expensive one of replacing the timing belt, water pump and other belts.

    Kelly Blue Book says $6500 for a vehicle in like-new condition. So the dealer was offering me $5500 because of 1 scratch on the front bumper and brake pads need to be replaced.

    This seems to be way under what people are asking for their Accords on autotrader.com. So wondering how much the trade-in value should be.

    Thanks,
    Bodi
  • steine13steine13 Member Posts: 2,825
    This car is six years old and may be nearer seven, depending on when it was built. $5,500 strikes me as a reasonable offer as a trade; you could certainly do better than that if you sold it yourself, perhaps much better.

    In order for anyone to give you a realistic number, we must know the color and the number of doors, a sedan being worth more than a coupe, generally speaking. Also the transmission, though I think it's safe to assume automatic in this case.

    "Excellent" or "like new" have no meaning for a car this old, but I'm willing to believe that it's in good shape and obviously well cared for.

    Finally, we need to know the location; this puppy will easily fetch $1,500 more in CA than it would here in MI.

    -Mathias
  • gomez1gomez1 Member Posts: 4
    hi folks,i have a 03 mazda protege es with 19,000 miles that i recently tried to trade in for a mazda 3 or the vw jetta at my local mazda/vw dealership.the protege is loaded with moonroof/6disk cd package,abs,and side airbags and is in mint condition as well.kelley blue book says 8,800 for a protege with this equipment and being in excelent condition which it is.however,dealer only offered me 7000.00 on a trade in.his reason as he put it was that despite the protege being in mint condition and haveing little mileage it would be difficult to sell off of his lot due to the fact that it's not a honda,toyota,ect which would sell alot faster than my protege.this is what they told me.
    i don't know if what they say is true or whether they were just trying to low ball the heck out of me.needless to say i left the dealership not a very happy camper being that i had my heart set on driveing home with either a new mazda 3 or a jetta.however,i will try a few other dealerships in my area and if i still can't get a decent price for my protege than i will try to sell it in my local autotrader magazine.it's just a lot more convienent and less hassle to trade the car in as opposed to selling the car privatly and dealing with all the phone calls and people wanting to see the car.in any case,i think i can do much better than the 7000.00 that the dealer offered me
    for the protege.steve
  • bd32322bd32322 Member Posts: 2
    Its in Massachusetts, its a 4-door sedan, auto transmission.
    Its a silver/grey color. Also maybe this doesnt matter much. It has two sets of tires, one for summer (Potenza RE-950) and one for snow and both sets are a year old.

    Thanks,
    Bodi
  • woodywwwoodyww Member Posts: 1,806
    Great discussion of oil in the annual "Barrons Roundtable" feature this week. RE: roughly 1/2 the oil in the world is probably used up already, India & China are booming, yada yada, & $70 oil will seem cheap at some point. Just to cheer you up. And, I'd be perfectly happy if all Congressman and Senators went to live with the bears. Altho, the bears are probably smarter, & more civilized....

    cheers, woody
  • jeffyscottjeffyscott Member Posts: 3,855
    Speaking of automatic transmissions...what is the real world impact of that? Edmunds prices only allow a few hundred for that, which seems way too low.

    For an older (non toyota, non Honda) run of the mill 4 cylinder car, eg. Mazda 626, Nissan Altima, Ford Contour, that would be say $3000-$5000 with an automatic, what is it worth with a manual transmission.
  • steine13steine13 Member Posts: 2,825
    "..that would be say $3000-$5000 with an automatic, what is it worth with a manual transmission."

    About $3-5,000.

    Seriously, the $5k car might get a $500 discount, esp. if it's a domestic, but it's more a matter of how long it takes to find a buyer than it is a matter of price.

    A Contour V6 SVT will be fine with a stick, as is a Sentra SE-R or similar... and at $3k, there are people who prefer the simplicity and gas mileage of the stick.

    I've never had trouble selling stick shift cars.
    -Mathias
  • tmyertmyer Member Posts: 9
    My husband and I are looking to get away from the SUV and are starting to look at mini vans, due to the kids.

    Have found so many different variations on what our Expedition is worth, could someone help me out? :confuse:

    Here is the info:
    2000 Ford Eddie Bauer Expedition
    mileage: 80,009
    Color:Troubidour Red (maroon)/ with gold trim
    Is a 4x2 not 4x4, and has the the 4.6 L V-8 triton.
    Tan leather interior and is in very good shape, no tears, scratches or stains.
    Has 6 CD changer, with cassette and AM/FM
    power seats, windows and locks.
    Cruise
    the exterior is in good shape, no body work ever done on it, paint is glossy and has only minor scratches in a couple of places.
    The interior is in very good shape, clean with no stains, or problems with the leather.
    Mechanically, it is in good shape as well and we have taken good care of it with routine maintenance.
    By the way we live in SW Oklahoma in case that makes a difference.
    Thanks in advance for your help.
  • dkuhajdadkuhajda Member Posts: 487
    Exactly, it is much more a matter of how long it will take to find a buyer with a stick rather than automatic.

    If it is a car that limits you to the 5% of the buying public who wants a stick and about another 5% that can drive a stick but prefers not to.

    Depending on where you live, trucks are a different matter. In general in the Midwest, more people who are looking for a truck (work truck, farm truck, etc) can drive a stick as a percentage than those people looking for a car. It always takes much less time to move a pick-em up truck than a car that has a manual tranny.

    We generally don't do many sports type cars but I can assume that those in a stick still will have about the same interest when it comes time to sell them.
  • bretfrazbretfraz Member Posts: 2,021
    I would not put too much faith on KBB's trade in numbers. Those of us who have been here awhile know that KBB tends to be high to out-of-their-minds when it comes to some of their pricing. Remember, KBB is a free guide, not a bible.

    Post the details of your car using the template provided below (scroll down to where it says "Post A Message" and use the info template below it). Terry or one of the guys who work in the wholesale car business will offer you REAL WORLD wholesale pricing on your car.
  • kbtkbt Member Posts: 27
    Atlanta, GA
    2003 Mustang GT Convertible
    Automatic RWD
    Mileage: 15,818
    Color: black int/ext/top
    Major Options: leather seats, am/fm/cd, dual airbag, keyless entry, traction control, rear spoiler
    Condition: good

    Purchased from Ford dealer at 15,772. One prior owner. Independent inspection prior to purchase showed no prior frame damage, a rear pinion seal leak, which the dealer fixed under warrantly, and a poorly-repainted, quarter-sized chip on the hood. I had the hood professionally repainted, and it's been garaged since purchase except for the 42 additional miles.

    Tires/brakes are listed as "average" on the inspection report.
  • cara6cara6 Member Posts: 9
    Someone referred me to this discussion- I’m not sure if this is the correct place to post this-

    I am buying a car from a private party and trying to get an idea if this is a fair asking price. He is asking $18,000. Thanks in advance for your feedback!

    Location- San Francisco area
    Year/Make/Model: 2002 Lexus RX300
    Body style: 4 dr SUV
    Engine: V6 3.0 Liter
    Driveline: FWD
    Mileage: 73,000
    Color- exterior- beige, interior- beige

    Major Options: leather seats, moon roof, 6cd changer, power windows/locks, roof rack, front/side airbags, power seats, alloy wheels, privacy glass, auto climate control
    Condition of exterior/interior- excellent, no scratches, perfect inside
    Tires- new at 85,000
    Brakes- done at 85,000 miles
    Maintenance- all maintenance done on time
  • cara6cara6 Member Posts: 9
    oops- meant to say new brakes/tires at 68k.
  • rroyce10rroyce10 Member Posts: 9,332
    ...... It sounds nice, but I need a description here ....

    Color ...............?

    Tranny ....................?

    Terry.
  • jeffyscottjeffyscott Member Posts: 3,855
    According to your flag and profile, you are in Germany. That is a completely different world than the US when it comes to manual transmissions.

    In any case it does not make sense to say "the value is the same it just takes longer to sell". If it takes longer to sell that means you are pricing it too high.

    When a buyer is trading in a manual transmission in the US,I bet they don't hear "Oh sure your car is worth just as much as one with an automatic, so I will pay you just as much for it as I would for an automatic".
  • pocono35pocono35 Member Posts: 89
    I recently used this site to haggle with dealers upon trading my 2004 Pilot. Edmunds.com states my Pilot was worth about $22,000. After talking with dealers and looking up prices in Kelly Blue Book and the NADA Guide, I found Edmunds.com to be $3500 too high. Kelly Blue book was the most accurate guide to give a 'real world' trade in value for a vehicle that will be traded in to a dealer.
  • jlawrence01jlawrence01 Member Posts: 1,757
    Steine is located in Ann Arbor, MI.
  • steine13steine13 Member Posts: 2,825
    Ann Arbor?

    ANN ARBOR??????!!!!!

    I'm in East Lansing, MI, just like it says in my profile.
    Sheesh.

    Go State!
    -Mathias
  • aka5aka5 Member Posts: 24
  • aka5aka5 Member Posts: 24
    Hi,
    I have an Audi A4 White 1999 Q T leather interior, one previous owner,54,000 miles, full Audi maintenance history. Also has a Kenwood face off tape, radio and 10 disc CD player. I have really looked after this car. Can you tell me how much i would get for this as i am thinking about getting a 06 model on lease please?
  • stone9stone9 Member Posts: 1
    I'm in northern CA - about 40 miles from the Oregon border. I have a 2001 Honda Civic, 2dr coupe, 70,000 miles, 5-speed, AC, silver, otherwise standard. I have two sets of good, new tires: hwy tires & snow tires. Sombody clipped my car in a parking lot & put a dent in the rear fender. It's plastic, and my husband (a blacksmith) hammered it out. It's still visible though, if you know where to look. Will a dealer want/take the extra tires, and will they add anything to trade in value?

    Thanks,
    Mary
  • stickguystickguy Member Posts: 53,330
    touchy, aren't we? Michigan is one of those real cold places that should be annexed to Canada, right? :shades:

    Saw you over on TOV BTW. Traitor.

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

  • jeffyscottjeffyscott Member Posts: 3,855
    :blush: sorry...I guess I looked too quickly and saw only the "Germany" part of "East Lansing MI Germany"
  • gomez1gomez1 Member Posts: 4
    hi royce,description for 03 mazda protege es sedan is as follows:
    silver,auto,6diskcd-moonroof package,abs,front-side airbags,fog
    lights,rear spoiler,alloy wheels,
    19,000 miles,...this is a 1 owner car in mint condition..steve
  • woodywwwoodyww Member Posts: 1,806
    I put the info in the edmunds appraisal thingie--it came up with about $19,100 PP, & $17.8K trade in. That's with about a $1900 deduct for the high miles.

    I'd do a carfax, & also have it checked out for previous body damage, & mechanical condition. Preferably at a lexus dlr, or good indie shop that works on them. It sounds real nice to me, "if everything checks out". (Just an amateur opinion, I'm not in the car biz).
  • jvp25jvp25 Member Posts: 7
    With little time to spare, I took your advice and sold it in a day for $1950. I probably could have gotten more if I had waited, but the convenience of a quick sale was worth it at the time.
    Thanks!
  • rroyce10rroyce10 Member Posts: 9,332
    ..**Atlanta, GA
    2003 Mustang GT Convertible
    Automatic RWD
    Mileage: 15,818
    Color: black int/ext/top
    Major Options: leather seats, am/fm/cd, dual airbag, keyless entry, traction control, rear spoiler
    Condition: good

    Purchased from Ford dealer at 15,772. One prior owner. Independent inspection prior to purchase showed no prior frame damage, a rear pinion seal leak, which the dealer fixed under warranty, and a poorly-repainted, quarter-sized chip on the hood. I had the hood professionally repainted, and it's been garaged since purchase except for the 42 additional miles.
    Tires/brakes are listed as "average" on the inspection report**
    ======================================

    REPOSTING is the a good thing .... between all of the side conversations and my Accordion lessons it can get busy around here ...

    Up there in Hotlanta we have an 03 'Stang GT convert with itty bitty miles ..... it's "not" a good color for the neighborhood but you've picked a good time to cut it from the herd - it's still winter .. we got the auto thing, some spoiler action, the miles are low but the paintwork will hold this one back .....

    *~depending~* on the finish work, no overspray on the windshield, no two-tone black colors, no painted valve covers ... then trade side, in and around the low/mid $13's, might maybe struggle towards the low/mid $14's if he isn't wearing his contacts that day, he's been in the business for 15 minutes or less and he had a Lobotomy over the weekend .... the paint work could kill this one.

    Me personally, I would send it down Retail Rd .. get with the Dukes of Detail, take some great pics and drop a super Fat Daddy Ad in the Big Atlanta paper and their online service, have all the paperwork and all the history (all 45 miles of it) stuck to your forehead and: $17,495 *asking* and wave bye bye at the first $16,0/$17,0 .... it would be easier for you to sell it than a dealer, especially with the Christmas story and it being a re-gift ...... the low low miles giveth and the paint work taketh away, so don't get greedy ...

    Then go find a new husband .. good luck and let me know ....



    Terry. ;)
  • bretfrazbretfraz Member Posts: 2,021
    Yo Terry! Can ya hook me up, puh - leeeeeze?

    --------------------------------------------------

    I want to get an idea of trade in pricing on two trucks:

    Truck #1 -
    2002 Ford Ranger XLT extended cab
    2WD
    3.0L V6 + automatic
    White with dk. grey cloth interior
    Chrome OEM wheels
    New Tires
    47K miles
    AM FM CD
    Your typical power goodies
    throw in bed liner
    Needs front brakes
    No accidents, only a couple small dings and scratches (typical for a 4 yr old truck)
    In Metro Atlanta

    Truck #2 -
    2004 GMC Sierra 1500
    Std cab, short bed
    2WD
    41K miles
    5.3L V8 with automatic
    Metallic red with grey cloth interior
    Every option available (OnStar, XM Satellite Radio, steering wheel audio controls, dual zone climate, fancy mirrors, you name it, it has it)
    New 17" wheels and tires
    Towing pkg (never used)
    Paint very nice but has a few rock chips in the hood and a total of two door dings)
    Maintained to perfection
    In Metro Atlanta

    Thanks for everything!!!
  • tmyertmyer Member Posts: 9
    My husband and I are looking to get away from the SUV and are starting to look at mini vans, due to the kids.

    Have found so many different variations on what our Expedition is worth, could someone help me out?

    Here is the info:
    2000 Ford Eddie Bauer Expedition
    mileage: 80,009
    Color:Troubidour Red (maroon)/ with gold trim
    Is a 4x2 not 4x4, and has the the 4.6 L V-8 triton.
    Tan leather interior and is in very good shape, no tears, scratches or stains.
    Has 6 CD changer, with cassette and AM/FM
    power seats, windows and locks.
    Cruise and all the standard stuff for the EB edition, running boards, towing, alloys, heated mirrors, and auto dimming rearview mirror.
    Tires are a little over a year old and brake job done Spring 2005. Oil changed every 3000 miles. Had a new transmission put in at 34,000 miles due to a factory issue.
    the exterior is in good shape, no body work ever done on it, paint is glossy and has only minor scratches in a couple of places.
    The interior is in very good shape, clean with no stains, or problems with the leather.
    Mechanically, it is in good shape as well and we have taken good care of it with routine maintenance.
    By the way we live in SW Oklahoma in case that makes a difference.
    Thanks in advance for your help.
  • british_roverbritish_rover Member Posts: 8,502
    that has completly and totally unrealistic idea of their trade in value. I have tried showing this guy that what he wants for the car is what dealers are asking for them and he still thinks we are robbing him.

    Maybe I can get a little help here to back up my case or something.

    2002/Land Rover/ Range Rover Westminster edition
    4.6 V8
    Permanent 4WD

    48,000 miles and the time part of the warranty expires this week and after that the value will drop like a rock since this cars are so expensive to fix.

    Black outside Black leather inside and black grand piano wood since it is a Westminster which means triple black

    Fairly straight car overall normal level of scratches for its age and normal interior wear. He has done all maintenance with us so we have all records and the air suspension was replaced six or so months ago. Tires are essentialy new but probably will need at least front brakes.
  • stickguystickguy Member Posts: 53,330
    in your case, carefully. How do you tell someone looking for a new one that the brand has resale value of day old bread?

    You can get away with it if it is a competing brand.

    Best you can do is show them the numbers. I had a dealer recently fire up Edmunds to "prove" I wanted too much for my car! I refrained from telling him that I was somewhat familiar with the site.

    So, pull up NADA/Edmunds (assuming the numbers support your offer), or even show them auction results I guess.

    In any case, if you are maxed out on trade in value, just tell the guy that you can't go any higher, and encourage him to shop it elsewhere. That could be a nice little reality check (shopping a 50K mile Rover at a Toyota dealer!)

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

  • british_roverbritish_rover Member Posts: 8,502
    The thing is the guy is a rover customer, he special ordered his new car and it has been here two weeks, this will be his third rover of some type so he knows they just don't hold their value that well. I mean they are better then before but still not so great.

    Edmunds is pretty close for his car but it is hit and miss in its accuracy for rovers although it normaly has the CPO rovers prices spot on. We are actually offering him above the Galves auction results by a bit because we plan to retail his car but the moment it is out of warranty if we do'nt have it in the back to be certified it is worthless to us.
  • qbrozenqbrozen Member Posts: 33,736
    How do you handle someone that has completly and totally unrealistic idea of their trade in value?

    "thanks for stopping by. NEXT!" ;)

    but, actually, as the previous poster mentioned, best you can do is give them your number and let them shop it. BUT, I would suggest taking that a step further and giving your trade AND purchase number for the next vehicle. Another dealer may be happy to step up $1k on the trade-in, but charge another $1k on the purchase of the next one.

    '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

  • british_roverbritish_rover Member Posts: 8,502
    It is just so frustrating his car was not even supposed to be part of the deal he was going to sell it on his own while he waited the three months for his ordered car to get here. The car is a Range Rover Sport so the price is the sticker price and even if we could discount the sport some he won't accept anything under 26,000 for his Range Rover which is pretty much dealer retail. He has a couple of more days to make up his mind and then we will just refund his deposit and sell his car to someone else.
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