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Real-World Trade-In Values

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Comments

  • mirthmirth Member Posts: 1,212
    Terry, a friend of mine is upsizing to an SUV looking for trade-in and retail values for his current car:

    Location : Detroit, MI
    Year/Make/Model: 2001/Nissan/Altima GXE
    Body Style: 4dr
    Engine: 2.4L, 4cyl, Automatic
    Driveline:FWD
    Mielage:38000
    Color: Gold/Beige
    Major Options: Power Seat ( Driver) , Single CD, Power Locks, Cruise Control, Dual Front air bags, Power windows
    Condition:Excellent for its age
    Tires: Never changed
    Brakes: Good condition
    Maintenance: Regularly done through dealer
  • chrisbgoodchrisbgood Member Posts: 77
    Good size accident today -- my wife and kids are OK but the Passat may be toast. We'll see what the adjuster said. I need to know fair value for our:

    2004 VW Passat GLX 4 motion Wagon
    Heated leather, automatic, grey/blue color (depends on the lighting), OnStar (which means car phone as well)

    GLX = V6
    Driveline = AWD
    Condition=Excellant (it was almost brand stinking new)
    GLX=sunroof, alloys, leather with real wood trim (no fake stick on there), heated leather seats, tiptronic automatic, etc., etc., etc.
    Milege = 20,000
    Bought in Sept 2004 (new)
    Was in excellant condition -- before it was left laying in mangled bits across the road (head on collision, three cars, both air bags deployed).

    Location: Upstate NY

    List was over 34k if memory serves

    You should see the other guy... everyone walked away but a poor little (new) Honda Civic was sandwhiched between the Passat (doing ~20) and a Dodge Caravan (doing what seems to be 30 or so)...

    Thank you oh great valuation gods.
    :sick:
  • dmwongdmwong Member Posts: 7
    Trying my luck on repost:

    2002 Passat GLS, 4cyl, 4DR,
    silver outside/gray cloth inside, San Francisco,
    40k miles,
    with 1.5 months/10k warranty left
    The only option was Monsoon Audio and Tipronic.
    All passats come with alarm/auto doors/windows/AC/traction..
    The car is in excellent condition.
    First owner.
    Perhaps a few very minor dings here and there.
  • [Deleted User][Deleted User] ColoradoPosts: 0
    Could you give me some numbers on the following vehicles? The van is leased, up in a few months but the Civic we own free and clear, just toying with some ideas! Thanks

    Location: Denver, CO
    Year/Make/Model: 2004/Honda/Odyssey EX Cloth
    Body Style: Minivan
    Engine: 3.5L, V6, Automatic
    Driveline: FWD
    Mileage: 17000
    Color: Sage/Fern
    Major Options: All standard EX options, DVD
    Condition: Excellent
    Tires: Original
    Brakes: Excellent
    Maintenance: Regularly done through dealer
    Residual (LEV) of $21,155 end of April

    Location: Denver, CO
    Year/Make/Model: 2001/Honda/Civic EX Cloth
    Body Style: 4dr
    Engine: 4cyl, 5-Speed
    Driveline: FWD
    Mileage: 63500
    Color: Silver/Gray
    Major Options: PW, PL, Single CD, Cruise Control, Dual Front/Side air bags, Sunroof
    Condition: Good
    Tires: Replaced 3K Miles ago
    Brakes: Good
    Maintenance: Regularly done through dealer
  • rroyce10rroyce10 Member Posts: 9,332
    .. **Terry, a friend of mine is upsizing to an SUV looking for trade-in and retail values for his current car:
    Location : Detroit, MI
    Year/Make/Model: 2001/Nissan/Altima GXE
    Body Style: 4dr
    Engine: 2.4L, 4cyl, Automatic
    Driveline:FWD
    Mileage:38000
    Color: Gold/Beige
    Major Options: Power Seat ( Driver) , Single CD, Power Locks, Cruise Control, Dual Front air bags, Power windows
    Condition:Excellent for its age
    Tires: Never changed
    Brakes: Good condition
    Maintenance: Regularly done through dealer..**
    ==================================

    Detroit ...? .. isn't this the same place that the Seahawks "forgot" to show up to play in the Superbowl ..l.o.l...

    .. the color is good anywhere, the rubber is weak, it's a base GXE with a power seat, auto and the miles are loooow for the year ..... there is no such thing as "excellent" unless your friend is driving an 05 E500 with 2,700 miles on it .... if it's nice, it's clean, he didn't park next to the revolving doors at Dicks Sporting Goods, no secret visits to Maaco and the service is 110% .. then trade side, in and around the super tall $6's low/mid $7's .......

    This is a superb vehicle down Retail Rd .. grab some rubber, finish any service, get with the gods of detail, shoot some great pics, drop a nice 4/5 liner Ad in the Big paper and: $9,950 *asking* and kick and cry at $8,9/$9,5 - but take it ...... these are still very popular, properly done it won't last long.

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



    Terry.
  • geodonnellgeodonnell Member Posts: 16
    Hi Terry,

    The insurance company says they're planning to total my 2004 Acura MDX Touring w/ Nav as a result of an accident. Details are below. Interested in retail value as that's what they should be basing their payment on. Thanks!

    Location: Albany, NY
    Year/Make/Model: 2004 Acura MDX Touring
    Body Style: 5 door
    Engine: 3.5L 6 cyl.
    Driveline: AWD
    Mileage: 22500
    Color: Sage Brush Pearl/Gray
    Major Options: Nav
    Condition: Clean, same tires as when purchased new, regular oil changes and minor maintenance, good brakes.
    Other: No parking lot dings or other damage
  • bc13bc13 Member Posts: 32
    Hi Terry.

    You helped me out a while back and I'm looking again at both a used chevy suburban and a new suburban. I'm not sure if this has been talked about on this forum, but was wondering what effect high gas prices and also the great deals available for large suv's last year (really more concerned about chevy suburbans)have had or are having on either trade in values and or retail values. Any thoughts would be appreciated. Thanks.
  • rroyce10rroyce10 Member Posts: 9,332
    ... **2005 Lincoln Aviator AWD
    Black with champagne interior
    11,000 miles
    Pretty much every option imaginable - THX audio, navi, moonroof, park assist, towing pkg, sat radio, *no rear seat DVD*
    Like new condition, no damage, no accidents, no nothing.
    in E. Tenn.**
    ===============================

    East Tennessee ...? .. did you move .....?

    I buy a lot of these for Ford employee's (they don't wanna be drivin' a Chevy to work ya know) ....... the color is good for this with one, the miles are just "ok" .. if it's clean, loaded-up, no kisses from Krispy Kream and no seat package, right.? ... then trade side, in and around the low/mid $26's, might maybe be worth the tall $26's on a bright and sunny day, maybe ...... dealers will sell these all day long for the $28/$29ish figure ..

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

    I am struggling whether to trade-in or sell my Passat on my own. KBB's price is too low compared to the market price, IMO. This is the car:

    2002 Passat GLS, 4cyl, 4DR, silver outside/gray cloth inside, San Francisco,
    40k miles, with 3 months/10k warranty left
    The only option was Monsoon Audio and Tiptronic. I think.
    The car is in excellent condition. First owner. Perhaps a few dings here and there.
    Any idea of a reasonable private party price vs. trade-in price ?
    Thanks in advance
    ===================================

    Mornin' Daniel ......

    Out in the land of Pebble Beach .. we have an 02 Passat GLS with the 4 banger and 40,000 short miles, we gotta a little auto action, the color is good, we got some tunes, no hydes, no slider and you say it's in pretty good shape -- no such thing as Excellent, unless your drivin' an 05 XJ8 with 4,400 miles ....

    No runs no hits no errors...? .. then trade side, in and around the mid/tall $10's, maybe the low low low $11's if you're lucky and you didn't bet on the Seahawks ...... down Retail Rd.? .. properly done: $12,900 *asking* and cut it loose for $11,5/$12,5 .... the books show more $$ than they are really worth .... what figures were you thinkin.?



    Terry.
  • mirthmirth Member Posts: 1,212
    .. the color is good anywhere, the rubber is weak, it's a base GXE with a power seat, auto and the miles are loooow for the year ..... there is no such thing as "excellent" unless your friend is driving an 05 E500 with 2,700 miles on it .... if it's nice, it's clean, he didn't park next to the revolving doors at Dicks Sporting Goods, no secret visits to Maaco and the service is 110% .. then trade side, in and around the super tall $6's low/mid $7's .......


    Terry - my friend got $7800 from the local Ford dealer last night and X-plan on an Escape. Thanks again for the info!
  • mga58mga58 Member Posts: 17
    Wife wants a new van--I get to work a deal and am looking for some help on the trade value

    ND-MN area
    2003 Sienna XLE V6 FWD
    64,000 miles
    dark green exterior; tan leather interior
    every option known to woman (except DVD), including leather, bun warmers, sun roof, front seat front and side air bags, power seats, rear captain's chairs, dual power sliding rear doors, rear heat/air, roof rack, alloys, stability and traction control, home link, and a partridge and a pear tree.
    Tires near new. No accidents; a scratch and grocery cart ding or two, but nothing requiring a trip to the Bondo Barn. All regular maintenance at dealer. Runs perfect with no clicks, clunks or bangs.
    Thanks for your help.
  • h2fanh2fan Member Posts: 27
    Hi,

    I am looking at buying a BMW CPO and saw this vehicle at a dealer:

    2004 X5 3.0i SAV - Price: $39,000

    Mileage: 17,490
    Titanium Silver Metallic
    Automatic

    Premium Package
    Cold Weather Package
    Rear Climate Package
    Xenon Headlights

    I am completely new to BMW and CPO. Anything in particular I should look for? How do I negotiate on the CPO price? What would be a fare price for me to pay?

    TIA
  • rroyce10rroyce10 Member Posts: 9,332
    .... **Terry - my friend got $7800 from the local Ford dealer last night and X-plan on an Escape. Thanks again for the info!..**

    Thanks for the update.! .... if he got $7,800 from the dealer, then he coulda got $9,500ish down Retail Rd ... your friend must have a lot of $$ to burn ..l.o.l...



    Terry :P
  • mikefm58mikefm58 Member Posts: 2,882
    I'm going to an estate auction and am looking at a 1998 Acura Integra:

    Titusville Florida
    4 dr, no-sale green, 142,879 miles (Ouch!), leather interior, cd player, sun roof, power locks/windows/mirrors/seats, 5 speed standard, 1.8l 4 cyl

    From the one picture, the paint looks decent. Sorry, but that's all the information I have on the vehicle. If I do pick it up, all the service will be brought up to date along with new tires and brakes.

    I went to their auction last month and I couldn't believe the prices people were paying.....
  • amshah97amshah97 Member Posts: 10
    Terry,

    Washington DC
    2004 Mazda 3s
    Hatchback/wagon
    2.3L 4cyl Auto
    FWD
    28k miles
    Blue/Black
    abs, side airbags, sunroof, changer, xenon headlights, tpms

    interior is clean. exterior has a few hard to notice scratches.
    original tires, 50-75% worn
    original brakes
    have all maintaince records/done on time

    A dealer offered $12k as trade-in, carmax offered $13k. I was planning on asking 15.5 to 16 in private party sale. What do you think? Thanks in advance for your help.
  • lemmerlemmer Member Posts: 2,689
    **Location: Birmingham, AL
    Year/Make/Model: 2005 Infiniti G35
    Body Style: 4dr sedan
    Engine: 3.5 liter V6 cylinder, automatic
    Driveline: RWD
    Mileage: 3,150
    Color: Silver exterior, with gray leather interior
    Major Options: Sunroof, no Bose, no Navi
    Condition: As new, no dings, no scratches, no wear
    Other: No prior damage or anything else weird
    >>>>> I am willing to put my Tag Heuer in the glovebox for the right price ...
    ======================================

    Ohhh, a Tag ... lets hope it's the right price ..

    Your right down the street from the one of the many Trent Jones golf courses ....

    We gotta a 05 G35 with Itsy Bitsy miles ..... we got the auto thing, good color for the area, we got a hole in the roof - and you say no kisses, it's nice, it's clean and no battles at Burger King ... If So, then trade side in and around the super tall $24's low low $25's, might maybe get a dealer to fall over himself and wander into the mid $25's - maybe ..... can you email me the watch..?

    let me know how it goes .....

    Terry


    Honda dealer doesn't want to budge from $23,000, but then again they thought it was a Q45 until I told them differently.
  • british_roverbritish_rover Member Posts: 8,502
    Don't you hate when that happens. I have lost one deal and nearly lost another because the guy putting the final number on the car got confused on what trim level the vehicle was. One car was a 740il and the guy thought it was just a regular 740i and the other was a WRX STI and since this was all over the phone they "forgot" the STI part.

    That is pretty bad though thinking a G35 is a Q45.
  • bcb1bcb1 Member Posts: 149
    I am looking at buying a BMW CPO and saw this vehicle at a dealer:

    2004 X5 3.0i SAV - Price: $39,000


    Just curious...have you read the Edmunds X5 owners message forum? My wife really liked the looks of the X5 also, and I was seriously considering getting one, until I started researching them. It would seem like they are quite problematic to own, at least judging by the comments over on the owner's forum.

    I still haven't 100% totally ruled one out (hey, we might get lucky and get a good one)...but the Toyota 4-runner or Land Cruiser is looking like a much more reliable vehicle.
  • bdr127bdr127 Member Posts: 950
    Just curious...have you read the Edmunds X5 owners message forum? My wife really liked the looks of the X5 also, and I was seriously considering getting one, until I started researching them. It would seem like they are quite problematic to own, at least judging by the comments over on the owner's forum.

    Online forums tend to attract those people that are looking to complain about their problems. This is true for everything, not just cars. Take everything you read with a grain of salt...
  • lemmerlemmer Member Posts: 2,689
    It worried me that they knew that little about the make. As I sat there, they went into another office and called another dealer to see how much cash they could get for it. I assume they called the Infiniti dealer, but who knows? I wonder if they offer you 100% of what the other dealer offers them, or if they try to keep a little of the trade dollars for themselves.
  • british_roverbritish_rover Member Posts: 8,502
    We get calls from local dealers all the time if someone is trading in a Land Rover since they are kind of hard to price. Mileage just really kills these cars so just doing the straight mileage deduction on a high mileage unit is not really the proper way to value one.

    As to what percentage of the value they offer you I have no idea. We will normaly give dealers that call a little range to work with on the vehicle instead of a hard and fast number. What they do with it after that is their business.
  • rroyce10rroyce10 Member Posts: 9,332
    ... **I'm going to an estate auction and am looking at a 1998 Acura Integra:

    Titusville Florida
    4 dr, no-sale green, 142,879 miles (Ouch!), leather interior, cd player, sun roof, power locks/windows/mirrors/seats, 5 speed standard, 1.8l 4 cyl
    From the one picture, the paint looks decent. Sorry, but that's all the information I have on the vehicle. If I do pick it up, all the service will be brought up to date along with new tires and brakes.
    >>I went to their auction last month and I couldn't believe the prices people were paying.....
    =============================


    Keep in mind, there's auctions and then there's auctions ..... if you've followed any of the Barrett-Jackson auctions they're about 10/20% *above* retail figures, let alone wholesale .. but when you put a group of folks together, get all the hype goin' on, bring in some camera's and you'll get people to pay crazy $$ sometimes (most times) .. but they sure enjoy using the word "auction" ..l.o.l.. God bless em', ain't my money ...

    That said ... even at the big dealer auctions where's there's 4,0/5,000 vehicles that run in 2/3 hours I've seen dealers pay psychotic $$ for just average vehicles .. of course the word ~inexperienced~ comes into play here .l.o.l..... that's why you see people pay crazy figures at foreclosure sales and antique auctions .. that's why you need to know when to "hold em' and when to fold em" ... ;)

    ... anywaaaay ..... in Titusville, just north of the big Sea Ray plant .. you're lookin' at a 98 Acura Integra with almost 150k, it has a meat clever and we got that purty no-sale green color goin' on ... ... **IF** this is an LS, the paint isn't all burned off, the clutch hasn't sunk into the floormats, the breeze is cold, the rubber is decent, the service is up to date, we don't have that Bonnie and Clyde interior and it hasn't hit every Love Bug between Melbourne and Miami .... then trade side, in and around the low/mid $3's ... if it needs stuff, then start deducting .... if it's "kinda-maybe-almost" a nice one, then it probably will see $5,900ish down Retail Rd ....

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



    Terry :P
  • rroyce10rroyce10 Member Posts: 9,332
    .. **Hi,
    I am looking at buying a BMW CPO and saw this vehicle at a dealer:
    2004 X5 3.0i SAV - Price: $39,000
    Mileage: 17,490
    Titanium Silver Metallic
    Automatic
    Premium Package
    Cold Weather Package
    Rear Climate Package
    Xenon Headlights
    I am completely new to BMW and CPO. Anything in particular I should look for? How do I negotiate on the CPO price? What would be a fare price for me to pay?
    TIA..**
    ===============================

    Chi-town, right .....? ... it's a CPO, color is good, the options are better, the miles are almost lowish and their *asking* $39,000 ......

    If ~~ the history is clean, no curb burners, no paint by numbers and the interior hasn't been used as a dumpster ... then the dealer probably paid in and around the super tall $31ish low/mid $32ish figure for it, maybe .. so figure a little this and a little that, drop the CPO in there and it probably hits the table at in and around the $33ish figure .......... $39,000..? .. the books are a little stiff on these X5's, but this one is the 3.0 and most buyers aren't panting for them, as a matter of fact, what sells the 3.0's is the price difference between that and the 4.4's .... I have a funny feelin' that the dealer will unload this dudette for the $35/$36ish range - and be happy to do it .....

    Don't forget the update .....



    Terry.
  • qwallsqwalls Member Posts: 406
    Hey Terry,

    I'm still looking for a replacement for the Legend...I kind of stumbled across the Mazda Protege5 as a possibility. Mathias got me started thinking about the Vibe, and I was reading a review where one guy had a Vibe and a P5, and sold the Vibe and bought another P5. Cool looking little cars, and made in Japan. It may be a bit underpowered, and I'm not sure how the space will be, but was wondering if you see many going through the auctions and what they're doing. They only made them in 2002 and 2003 I believe. Thanks in advance.

    Q
  • rroyce10rroyce10 Member Posts: 9,332
    ...**Honda dealer doesn't want to budge from $23,000, but then again they thought it was a Q45 until I told them differently...**



    $23.? ..l.o.l... welcome to Honda-land ... by the way, when did I post that figure.? .. it doesn't matter, it's still worth "all" of the strong $24ish range, even in the dark ....

    Most Honda dealers are kinda funny (nothing personal Isell) ..

    Most don't keep the trades and depending on the vehicle, they usually want to be $800/$1,500 back of auction money .. stop and think about it, how many Suburbans, 330Xi's, Infiniti's do you see at the local Honda store ...? ..... "their reasoning is": they would rather blow a new Honda out for $xx,xxx and then make money on the trade ... this way they don't pay a commission to sales and or sales managers depending on their business structure, and also because most Honda stores are still quite small compared to the local Ford store selling 250 new units a month .... if ya follow what I mean ..



    Terry. :shades:
  • anonymouspostsanonymousposts Member Posts: 3,802
    We had a 2001 Protege ES. Drove great for around town uses. Gee fit in it pretty well and he is 6'6. It was reliable other than an engine rattle when it was cold. Once the car warmed up it went away. The engine was gutless after 4000 RPM or 70 MPH. For commuting in traffic though it was fine. Handles like it is on rails too. Gas mileage was disappointing. I averaged 28 MPG.
  • lmp180psulmp180psu Member Posts: 399
    Maybe the 3rd time is the charm :)

    Long time, no post. I am thinking of trading in my 2004 Mazda3 sedan for a 2006 Mazda3 hatch in the next month or two. I just got the inspection/emissions done, and it passed, but the dealer said the tires will need to be replaced soon. Do you think it is worth spending $500-600 for new tires, or just trade it in with the worn tires? I am thinking new tires, but I want your expertise. Edit: I am getting new tires installed this Saturday. I will probably start looking to trade in April-May now. I was hoping to get at least 13K for it. Is that unreasonable?

    Thanks again!!

    Location: Carlisle PA
    Year/Make/Model: 2004 Mazda 3
    Body Style: 4 door sedan
    Engine: 2.3 liter 4 cylinder Auto
    Driveline: FWD
    Mileage: 27000
    Color: Sunlight Silver exterior, Black/red cloth interior
    Major Options: Sport Package (17" wheels/tires, side sills), ABS/SAB/SAC pkg., Xenon/TPMS package, 6CD changer/moonroof
    Condition:
    Interior is in excellent condition, passenger and back seats have been barely sat in , Exterior is in very good condition. A couple slight scratches on the trunk from my mom's purse :cry: Hope these will come out with some rubbing compound.
    Tires - Need to be replaced soon (see comments above)
    Brakes - very good life left
    Maintenance - all maintenance done at dealer, use synthetic oil.
    Other: Did have to get rear bumper replaced, from a slight fender bender (bump at a stop light...hit where it was tough to repair well.). Paint matches perfectly. Should I tell the dealer ;)
  • 1racefan1racefan Member Posts: 932
    " It was reliable other than an engine rattle when it was cold."

    Did the engine rattle keep the car from being driveable? I look at an engine rattle as being an annoyance (possibly a flaw). I would categorize a reliability issue as something that keeps the car from being driveable when I need it to be.
  • golicgolic Member Posts: 714
    Terry,

    Wondering what the trade-in value for my Aurora is *blush*, need a bigger second car to accomadate my kids, heck if any of them were close to driving age I would just keep the car, since I only have about 7 payments left on it.
    New transmission at 37K miles *thankful for the 5yr 60k warranty*

    Car is in good shape, normal wear and tear, although will hit 70,000 miles by the end of the month.

    I appreciate your comments.

    2001 Oldsmobile Aurora 3.5 4dr Sedan (3.5L 6cyl 4A)

    Electrochromatic Rear View Mirror
    Stability Control
    Heated Front Seats
    Power Driver Seat w/Memory
    Rain Sensing Windshield Wipers
    Power Front Passenger Seat
    Power Moonroof
    Traction Control
    Automatic Climate Control (2 Zone) - Driver and Passenger
    Compact Disc Changer
  • mark48186mark48186 Member Posts: 21
    Location: Detroit, MI
    Year/Make/Model: 2002 Pontiac Grand Am GT
    Body Style: 4 door sedan
    Engine: 3.4 liter V6, auto
    Driveline: Front Wheel Drive
    Mileage: 51,000
    Color: Black exterior, gray cloth interior
    Major Options: Moonroof, chrome wheels, Monsoon stereo
    Condition: Standard chips in the hood from the nice Michigan roads. Nothing major, normal wear. Interior is decent, no french fry attacks.
    Tires and brakes were redone last year and are middle of the road. No major maintenance or accidents. AC is cold, heater is hot.

    Thinking of possibly getting a new car as this one is paid off and out of warranty, etc. Not sure what time/mileage is a good time. Ideas on private party and trade-in numbers?
  • lopperlopper Member Posts: 6
    I'll be trading in a 2002 Chevrolet Silverado in the next week or two. I have a custom stereo system in it (6 disk changer, two 12" subs, two 900 watt amps) that I'm thinking of leaving in the truck.

    Will my trade in value go up significantly if I leave it in, or should I just take it with me and install it in the new vehicle?
  • qbrozenqbrozen Member Posts: 33,736
    it won't change your trade-in one bit. I suggest, if you want to keep it, take it out. It could have a $199 Bob's House of Stereos special in it or a $1000 custom job and the dealer is going to give you the same amount of money for the truck. I don't, however, suggest leaving a gaping hole in the dash, as they most likely will deduct for that. The truck has to be presentable, at least.

    '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

  • biancarbiancar Member Posts: 965
    Location: Northern Virginia, just outside of D.C.
    Year: 2000
    Body: GLE 4 door sedan
    Engine: 6 cylinder
    Driveline: FWD
    Mileage: 79,000
    Color: light blue metallic exterior, light grey leather interior
    Option: sunroof
    Condition: Excellent. New tires. Fairly new brakes. Changed the coils at 75,000 miles.
    Other: was sideswiped while parked, repaired perfectly. No evidence of damage.
  • theflushtheflush Member Posts: 100
    The lease on my beige 04 Odyssey EX-RES is ending soon. It will have about 30,000 miles at the end of the lease and is in very good condition. There are 2 almost brand new tires on the front wheels (road hazard damage made me replace them). I think the residual value at lease end is about $20,500. What's the trade in and retail of similar 04 Odysseys? Will I be better off buying at the residual value, looking for a different 04, or taking the lease extension offer from Honda? How negotiable is the purchase price of my current leased Ody?Location is Chillicothe, OH 45601

    Thanks,

    Jim
  • dekesterdekester Member Posts: 322
    whatever happened to our Alaska compulsive car shopper? Enjoyed her posts.

    Deke
    :)
  • bpaubpau Member Posts: 20
    Location: just outside of Philadelphia
    Year/Make/Model: 2004 Nissan Maxima SL
    Body Style: 4 door sedan
    Engine: 3.5 liter V6, auto
    Driveline: Front Wheel Drive
    Mileage: 24,000
    Color: Liquid Silver exterior, black leather/wood interior
    Major Options: Power Sunroof, Driver preferred package
    Condition: Excellent, tires normal wear, breaks replaced about 1 year ago. Recent inspection. No dents.
    Interior is clean, (non-smoker).
    All service maintenances.
    No accidents.
    7yr or 70,000 extended warranty, transferable.

    Looking to trade in.
  • h2fanh2fan Member Posts: 27
    Thanks for the reply Terry. I will keep that in mind when I deal with the dealer.
  • jhinscjhinsc Member Posts: 399
    Hi Terry,

    I'm looking to trade my 02 I35, but I haven't finalized my new car selection. I would like to know what I can/should expect when talking a deal for a new car.

    Sport package
    Pearl White
    Sunroof and rear sunscreen package
    55,600 miles
    All maintenance done, and it looks in great shape.
    I still get comments about how new it is - I've had it 4 years.

    Thanks for your response! :)
  • kyfdxkyfdx Moderator Posts: 265,511
    Is that one of those super-low 24 month lease payments that Honda was offering on the Odyssey in '04? If you are down around $300/mo., I would just extend the lease, if the terms are the same.. You can't come close to that kind of payment now....

    I bought my last Honda in Chillicothe... ;)

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  • rroyce10rroyce10 Member Posts: 9,332
    ... **I'm still looking for a replacement for the Legend ...I kind of stumbled across the Mazda Protege5 as a possibility. Mathias got me started thinking about the Vibe, and I was reading a review where one guy had a Vibe and a P5, and ...**
    ==================================

    Mornin' Q man ....... these are also pretty nice little drivers .. as far as speed, you need to drive any of these little pocket rockets and see if it fits the bill .. cars are like golf clubs, it all depends on what they accomplish on a individual basis .. Nike is selling TONS of the new Sasquatch Drivers, the funny part is I still haven't met anyone with a swing speed of 115 mph+ (God forbid anyone should try one out) - but they're selling a ton of em' ..l.o.l...

    Clean 02's are doing in and around the super tall $8's low/mid $9's and the 03's are seeing the tall $10's .. figure $1,500ish over those figures down Retail Rd ..... ya might consider lookin' at a new Vibe all tricked out, Mathias loves his and they're "about" $2grandish less than the Yota twin .......



    Terry. :shades:
  • steine13steine13 Member Posts: 2,825
    You up early.

    Problem with Q is he wants to keep his TL plus he wants a nice efficient little driver plus he wants to spend under $8... that would have been easy a year ago, with a Mazda Pro as the first choice... but now it seems all the fuel savers have gone UP $1,500 since then instead of down.

    On top of the prices, the Vibe, while useful and fun to drive, isn't all that smooth.

    -Mathias
  • kyfdxkyfdx Moderator Posts: 265,511
    I love the P5s... Less power than you would expect, but they come loaded up... and handle pretty well..

    If you want to go cheaper, and you don't need the wagon, look at the Protege ES sedan.. They also come pretty loaded, and sell for about $1500-$2000 less than the P5..

    regards,
    kyfdx

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  • rroyce10rroyce10 Member Posts: 9,332
    ... ** Edit: I am getting new tires installed this Saturday. I will probably start looking to trade in April-May now. I was hoping to get at least 13K for it. Is that unreasonable?
    Thanks again!!
    Location: Carlisle PA
    Year/Make/Model: 2004 Mazda 3
    Body Style: 4 door sedan
    Engine: 2.3 liter 4 cylinder Auto
    Driveline: FWD
    Mileage: 27000
    Color: Sunlight Silver exterior, Black/red cloth interior
    Major Options: Sport Package (17" wheels/tires, side sills), ABS/SAB/SAC pkg., Xenon/TPMS package, 6CD changer/moonroof
    Condition:
    Interior is in excellent condition, passenger and back seats have been barely sat in , Exterior is in very good condition. A couple slight scratches on the trunk from my mom's purse Hope these will come out with some rubbing compound.
    Tires - Need to be replaced soon (see comments above)
    Brakes - very good life left
    Maintenance - all maintenance done at dealer, use synthetic oil.
    Other: Did have to get rear bumper replaced, from a slight fender bender (bump at a stop light... hit where it was tough to repair well.). Paint matches perfectly. Should I tell the dealer..**
    =================================

    Good description .... tanks.

    Up in the land of the Steelers .... "S" model, right ...? .. we got this little 04 Mazda 3 with the 4 doors and the auto thing ..... it's a good color, the miles are almost ok, we got some new rubber, we got the sport pack, some ABS, a little airbag stuff, we gots da hole in the roof, some minor scratches and fender deal which is no big deal -- unless it was painted purple ....

    Remember .... there is no such as "excellent" ... if it's nice and clean, no funny stuff in the ashtray, no KFC floating up to the ceiling and you haven't drug the wheels over every curb between Pittsburg and Philly ... then trade side, in and around the super tall $12's, maybe the low/mid $13's, maybe .....

    Don't forget the update ....... ;)



    Terry.
  • qwallsqwalls Member Posts: 406
    Thanks Terry - looks like they may be a bit outside of my budget. I've taken my max up to $8k + whatever I can get for the Legend.

    Mathias - not a problem, more of a situation. :-)

    kyfdx - Thanks...I'll look at the sedan. I don't really need a wagon, but the P5 looks pretty cool. :-)
  • lemmerlemmer Member Posts: 2,689
    We have one of those. Honda has sent an offer to extend the lease, but my wife says no way. How could I possibly expect her to drive something for over two years?

    My best estimate is that they are worth somewhere in the $19s, and the residual is somewhere over $21. So, it makes no sense to buy out the lease.
  • bdr127bdr127 Member Posts: 950
    After reading this thread for the past few months, I am amazed.... Everyone owns a car in "excellent" condition! ;) Doesn't anybody have a car with a little ding or nick here or there? Or maybe had a fender bender, even if it was fixed/painted?

    Even when Terry says in practically every post that almost no cars are truly in "excellent" condition, funny how still every car posted here is in excellent condition... Doesn't anyone get it by now? ;)
  • jpnewtjpnewt Member Posts: 71
    That suprises me because Honda has told dealers that they will not extend ANY Special Lease Programs.
  • inkyofokinkyofok Member Posts: 62
    Terry,

    I was quoted 20,000 real $$ on this car with 21k miles if I trade for new 06--at $500 over invoice.
    No accidents/body work and very clean. NO car perfect, but very clean, only blemish is slight scrape (1.5 inch)on rear bumper that most do not notice as touched up by me nicely. Otherwise a perfect car in and out.
    Color silver blue Meteor silver, gray interior
    Non navi but Acura spoiler and all important OKlahoma Tint!

    Thank you very much

    Jim in Tulsa, OK
  • benderofbowsbenderofbows Member Posts: 542
    So I've been to several new car dealers of a few different makes, and I can't get anyone to pay off my trade. Most come within $2,000 but some go to $1,000 below payoff. I refuse to go "upside-down" no matter how they try to spin it.

    My trade is a Green/Tan 2004 4-door Ford Explorer XLS 4x4 Auto (no other options) with 35,000 miles in Fayette-Nam, NC. "Good" condition, no accidents, all maintenance.

    Everyone cites the amount of SUVs on the used market and the recent employee pricing sales as to why the offers are low. I owe $12,900; is that truly unrealistic to expect for trade-in at this time? If I were to try and sell privately I'd want quite a bit more than that. Thanks for any opinions, guys!
  • biancarbiancar Member Posts: 965
    Why are you trading it in so soon, and with so much still to pay on it?
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