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Real-World Trade-In Values

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Comments

  • corvettecorvette Member Posts: 11,280
    Is Terry is meeting with Malcom Bricklin about an exciting new franchise opportunity?
  • tifightertifighter Member Posts: 3,785
    Maybe Malcolm needs to negotiate higher trade-in values on those Cherys from China he's bringing...

    25 NX 450h+ / 24 Sienna Plat AWD / 23 Civic Type-R / 21 Boxster GTS 4.0 / 03 Montero Ltd

  • ironwill003ironwill003 Member Posts: 1
    There are two dealers close by that have this model caravan. One has 45k and the other has 29k miles on it. Both have nearly identical options. The van with 45k is going for $12k and the the van with 29K is going for $13k. Both look in good order with a clean carfax. What should I offer them as a price. Both have been on the lot for 3 months.
  • bdr127bdr127 Member Posts: 950
    Regardless of price, I would go for the one with 29k miles... If you can get a full service history of both, that would be a bonus. See, Dodge vehicles have a tendency to blow their transmissions... 50k is often the "magic number." I'm sure you can find many people here and other places on the web to corroborate my statement.

    As far as price is concerned, others can jump in, but I think $12k-$13k are pretty decent prices, assuming they have a few options on them.... What options do they have?
  • gussguss Member Posts: 1,167
    I believe the 2002's had the Chrysler 7/70 power train warranty. It will at least cover you for the next couple of years.
  • woodywwwoodyww Member Posts: 1,806
    I saw a nice '00 or '01 4Runner Limited with about 50K miles sell for around $15K on feebay a couple of months ago. Check the "completed listings" on feebay, it'll at least give you an idea.
  • biancarbiancar Member Posts: 965
    This is a general question, but maybe Terry or one of the other sales folks can comment.

    I have a 2000 Maxima GLE, loaded with options (side airbags, sunroof, Bose radio, heated leather seats, etc.), bit less than 80,000 miles, in good condition and I love the car. I understand it would be worth somewhere around 10 - 11k, maybe, if I sold it.

    However, I want to keep it for maybe another 4 - 5 years, if at all possible. At that point it might have 160,000 miles or so.

    Would such a car at that point, say 10 years old, high miles, have any resale value at all? Would I be better off giving it to a charity and taking the deduction? As a general rule, is there any sort of mileage number beyond which no one wants the car at all as a trade or as a re-sale?
  • dkuhajdadkuhajda Member Posts: 487
    If a car runs good, looks good, and needs no current mechanical repairs, then it is worth at least $1000 as a driver to someone. Even if it has really high miles on it.

    At 160K about the only cars that still carry extra money are the Toyotas and Hondas and a few other select models from other names.

    That said, even with 160K, if all the maintenance has been kept up, looks good (no rust), no mechanical issues and everything works, someone still may buy it private party for around $2000. The charity deduction is asking for an IRS audit of the last several years, plus you only save between 15% to 30% actual cash money of the cars auction value on your taxes.

    If you are into the charity kind of thing, and your Pastor of your church knows someone who needs a car to get to work but has little extra money, you can 'partially donate' the car to them at 50% of the expected $1000-$2000 retail value. This will net you more than the tax write off savings and keep the IRS from flagging your return.
  • biancarbiancar Member Posts: 965
    Huh, interesting point. I never heard of the "partially donate" thing before.

    So in a nutshell, if the car is worth say $11,000 now, and maybe $1,000 5 years from now, it's costing me around $2,000 in depreciation every year?
  • dkuhajdadkuhajda Member Posts: 487
    FYI $11K is about $2,500 more than the car is worth real world cash retail money.

    You are trying to equate depreciation along with loss of value due to miles. Those are two different things. A car loses in general an average of $0.05 per mile driven just due to wear and tear. Depreciation is the loss in value over time due to various market factors and consumer demand. Even if your car would lose zero amount due to depreciation (which it won't) for the next 5 years, it would still lose around $4,000 just from 80K miles driven.

    It costs something to get from point a to b no matter what method of transportation you use. The goal is to be as comfortable and enjoyable of a trip for a low amount of money.
  • tnjackettnjacket Member Posts: 1
    Location: Chattanooga, TN
    Year/Make/Model: 1999 Toyota Tacoma
    Body Style: 2Dr SR5 Extended Cab SB
    Engine: 4.3 L V6
    Driveline: 4-speed automatic / 4WD
    Mileage: 106000
    Color: Black
    Major Options: alloy wheels; running boards; AM/FM/Cassette/single CD; bed liner; clock; cruise control; tilt steeing; tow hitch; rear bed tool box
    Condition:
    Good condition (few minor scratches around tailgate, small stains on carpet, few small dings around body
    Tires: essentially new tires (less than 2500 mi / Goodyear Wrangler RT/S 31 x 10.5 x R15)
    Brakes: Front: Disc [brand new] / Rear: Drum
    Maintenance: all major indicated service (tune-ups, etc.); oil change every 3000 mi; all documentation
    Other: wrecked once with body damage to rear quarter panel, wheel, axle with all damaged parts being completely replaced with new parts. No damage to frame.

    Most of "book value web sites" place value around $6 - 8K trade-in. Is this realistic? Too high/low?
  • biancarbiancar Member Posts: 965
    FYI $11K is about $2,500 more than the car is worth real world cash retail money.

    Well, depends on market. But let's say it's worth less, say $8500, but will still be worth maybe $1,000 5 years from now. That makes the next five years very cheap, comparatively speaking.
  • s4lvr1s4lvr1 Member Posts: 12
    Car_Man,

    Was hoping you may be able to help me out here. Your advice was great in helping me secure a recent lease on an 05 MDX.

    I am now in the last 5 months of a 48 mo lease on a 2002 Volvo S60 T5. My payments are $491/mo ($2500 total left). I have a security deposit for $491, which should come back when I turn the car in. My buy out on the car is $19,400.

    Car details
    2002 Volvo S60 T5 - 41k miles
    Black with Taupe leather interior
    Auto trans
    17" sport wheels
    In dash CD changer

    I really want to get out of the car and into a new BMW 330i. Do you have any suggestions as to what the best route is?

    My sense is the car is worth less than the buy out, so I can't sell it or trade it in without incurring a big charge (which I am trying to avoid). Volvo says I can roll forward into a new vehicle, but only if it is another volvo.

    Thanks for your help,
    Chris
  • rroyce10rroyce10 Member Posts: 9,332
    ... **Is Terry is meeting with Malcom Bricklin about an exciting new franchise opportunity?**



    No, Terry was at the Doral for the last 2 days ... we didn't stay today because it was packed, I mean paaaacked .. probably 40,000+ some people - Yikes.!

    What can you say.? .... Tiger .. he seems to beat you no matter what.



    Terry. :shades:
  • rroyce10rroyce10 Member Posts: 9,332
    ... **This is a general question, but maybe Terry or one of the other sales folks can comment.
    I have a 2000 Maxima GLE, loaded with options (side airbags, sunroof, Bose radio, heated leather seats, etc.), bit less than 80,000 miles, in good condition and I love the car. I understand it would be worth somewhere around 10 - 11k, maybe, if I sold it.
    However, I want to keep it for maybe another 4 - 5 years, if at all possible. At that point it might have 160,000 miles or so.
    Would such a car at that point, say 10 years old, high miles, have any resale value at all? Would I be better off giving it to a charity and taking the deduction? As a general rule, is there any sort of mileage number beyond which no one wants the car at all as a trade or as a re-sale?**
    ==========================

    Like someone mentioned .. watch those car donations, they are "almost" a guaranteed IRS audit ..... I know folks say "so what", but you're on their radar for the last 3 years and the "next" 3 years ... so much for "so what" ..l.o.l...

    Lets use the last 10 years ...... a 1995 *clean* 160k Maxima GLE with deep rubber, cold breeze, no paint by the 6 year old down the street, no Bonnie and Clyde interior and it looks/feels and drives like 50/75k ... then it's worth in and around the $1,500/$2,000 zipcode on a trade .. and it would see $3,500ish down Retail Rd if everything works and runs strong .. you'd see $2,000 if Tiger used it for target practice ..



    Terry. ;)
  • s4lvr1s4lvr1 Member Posts: 12
    Terry, my bad. Missed some details

    Location: Falls Church, VA
    2002 Volvo S60 T5
    Sedan
    247-horsepower 2.3-liter turbocharged engine / Auto
    FWD
    41,200 miles
    Black/Taupe leather
    17" alloys, AM/FM/CD Changer Deluxe Audio System, Leather, Sports suspension
    Condition:
    Interior excellent, exterior minor door dings, expected scratches on the wheels from curbing
    Tires - 2 new, 2 need replacement
    Brakes brand new
    All maintenance copmpletged and up to date - have volvo service records
    No other claims, prior damage

    Your help is appreciated. Hope you enjoyed Doral. We head to Augusta in about a month. Can't wait.
  • rroyce10rroyce10 Member Posts: 9,332
    .. **Terry, my bad. Missed some details
    Location: Falls Church, VA
    2002 Volvo S60 T5
    Sedan
    247-horsepower 2.3-liter turbocharged engine / Auto
    FWD
    41,200 miles
    Black/Taupe leather
    17" alloys, AM/FM/CD Changer Deluxe Audio System, Leather, Sports suspension
    Condition:
    Interior excellent, exterior minor door dings, expected scratches on the wheels from curbing
    Tires - 2 new, 2 need replacement
    Brakes brand new
    All maintenance completed and up to date - have volvo service records
    No other claims, prior damage
    Your help is appreciated. Hope you enjoyed Doral. We head to Augusta in about a month. Can't wait.
    ================================

    You'll love Augusta.! .. it's probably one of the most beautiful courses you'll see, especially during the spring time ... and this year (as you probably know) the PGA has "Tiger proofed it" by adding another 600 yrds to the course .. which makes no sense to me, that's like making football fields 120 yards long .. it cut's out the players like Demarco, the Funkster, Maruyama, Faldo, Couples and others ...... let's hope Phil can get that 47 inch driver straightened out .l.o.l.... 47 inches.?? .. I just cut mine back to 44.5 ...

    Anywhoooo ......... up there in Virginny .. we got this 02 Volvo S60 T5 with 42,000 tiny miles .. auto, the color is good for the area, we got the tunes and sports stuff, we got some wheels, we got some moo seats, the rubber is half there, new stoppers and you say the service is 100% ......

    If ~ we have no paintwork, no curb burners, no I dragged my golf bag over the rear bumper 200 times and it's c-l-e-a-n ...... then trade side, in and around the super tall $13's low/mid $14's depending on the dealer ...... what vehicle are you trading for..?



    Terry.
  • au1994au1994 Member Posts: 3,701
    RePost:

    Hi Terry,

    What say you:

    2004 4Runner SR5 V-6 4WD, white w/tan cloth, 11k miles, pwr windows, doors, ABS, pwr sun roof, double decker cargo system, am/fm singe CD.

    In Atlanta, GA

    Good condition, no scratches, a few blemishes inside, tires are good.

    thanks!!

    2024 Jeep Grand Cherokee L Limited Velvet Red over Wicker Beige
    2024 Audi Q5 Premium Plus Daytona Gray over Beige
    2017 BMW X1 Jet Black over Mocha

  • viper2viper2 Member Posts: 38
    Hi Terry,

    How are you? I have a 2003 White Acura TL Type-S (w/o Navi) with a little over 30,000 miles. At what price would this trade at auction in the 08724 zip code?

    My lease is up at the end of July and the residual is around $20 because I paid for 45,000 miles. I see low mileage Type-S cars offered on Autotrader.com anywhere from $21 to $24. I've heard that Honda Finance doesn't really negotiate their residuals, but I'd like to put in a respectable bid anyway.

    Thanks,

    Peter
  • kapbotkapbot Member Posts: 113
    Hello all.

    I'm looking for trade & private sale numbers for:

    Kansas City area
    2002 Dodge Dakota Club Cab SLT+ 2WD, Dark garnet red/silver two tone, dark grey cloth inside.
    4.7l V-8, Auto tranny, two wheel drive, 42,000 miles, 16" alloys, pretty well loaded.
    Major options:
    Bucket seats, overhead Convenience Group (overhead console, auto-dim rearview, homelink & trip computer)
    Heated folding outside mirrors, leather wrapped steering wheel,all power except seats, anti-spin diff, fog lights, etc.
    It's in pretty good shape for a 4 year old. no dents, not eaten or smoked in, and if you ask me looks pretty darn good when cleaned up.
    All maint. is good, new tires, front rotors & pads about 5,000 miles ago. Also, I installed a roll-up soft tonneau cover. When it was about six months old, I ran over Bambi.
    As a result, the right front fender & headlight assy. was replaced, the hood, bumper cover & entire right side was "reconditioned". The repair was excellent, only cosmetic damage, and I dont think most people could tell anything happened without looking for it. :blush:
    Thanks for any help. I enjoy reading these foums!
  • mtagmtag Member Posts: 2
    Hello,

    How's everyone. I wanted to check and see what the trade in on a 2005 Jeep Grand Cherokee 5.7L Hemi would look like.
    8cyl/auto/AWD
    Alloy/Sunroof/heated seats/auto low-hi beams/mud guards/all season mats/back cargo mat.
    Tires - new
    Full maintenace completed at dealer
    No accidents - very clean
    19,000 miles - all highway

    Thanks,

    Mike
  • stickguystickguy Member Posts: 53,342
    this one is not going to be pretty...

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

  • qbrozenqbrozen Member Posts: 33,736
    This is a lease, but she's got a wandering eye, so I'm trying to see what I can work out for her.

    '03 CRV LX auto with 45k miles.
    Tan over tan in NJ.

    it has been hit in the rear and fixed. I believe it was about $1500 damage, so not too major.

    '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

  • andre1969andre1969 Member Posts: 26,023
    Chrysler changed their warranty at some point in 2002, so it would depend on when exactly the car was built, as to whether it would have the 7/70 powertrain warranty, or just the 3/36K. I found this out a few years ago when I went car shopping with my Dad. They had an '02 Intrepid SE and an '03 Regal LS side by side on the lot. The Regal had 19K miles, while the Intrepid had around 38K. Dad liked the Intrepid, but liked the Regal better, as it wasn't much more money, was still under warranty, and the salesman couldn't tell us which warranty the Intrepid had.

    While we were there, I also noticed an '02 Intrepid R/T on the lot that had me sorely tempted, yet the salesman just couldn't give me an answer on the warranty. And this one was at 35K miles. So in the end, my Dad bought the Regal, and I bought nothing.
  • agcagc Member Posts: 7
    Can you guys tell me what the following vehicles is worth.

    Location: NJ/NYC
    Year/Make/Model: 2001 Infiniti QX4
    Body Style: SUV
    Engine: 6 cylinder, auto
    Driveline: 4WD
    Mileage: 45k
    Color: Silver/Grey
    Major Options: Alloys, Sun roof
    Condition: Very Good
    Other: No damage

    What is a real value for this suv
  • stickguystickguy Member Posts: 53,342
    She might get lucky on this, if she keeps it to term. At least with a lease, you don't get the deduction for repaired accident damage that would come into play on a trade.

    Just curious, but since it is an '03, how much longer on the term? I would guess that financially she will be way better off to just run out the lease and turn it in and walk away.

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

  • s4lvr1s4lvr1 Member Posts: 12
    Terry,

    The goal is to make Augusta an annual pilgrimage. Was there 2 years back when Phil won and absolutely loved it.

    Looking at the BMW 330i, with sport package, manual trans, nav, comfort access. Already have a dealer willing to do a great deal on the lease, just need to get out of the last 6 months of this volvo. Any recommendations? Or do I just sit and wait it out?

    Thanks
  • qbrozenqbrozen Member Posts: 33,736
    well, yeah, of course. We'll see what the value is. I'd have to guess not as much as she owes. But you never know. I don't have the hard and fast number, but I'm guessing her payoff is somewhere around $14-15k.

    She leased it in September '03 for 48 months, so about 18 payments left.

    of course, edmunds says its about a $14k trade-in ... so real-world might be $11k? Hondas are just too tough to guess at.

    oh, left out something important, so i'll have to repost.

    '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

  • qbrozenqbrozen Member Posts: 33,736
    Sorry, Terry, left out a very important detail, so here it is again:

    '03 CRV LX auto AWD with 45k miles.
    Tan over tan in NJ.

    it has been hit in the rear and fixed. I believe it was about $1500 damage, so not too major.

    '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

  • bpaubpau Member Posts: 20
    Well, the best I was able to negotiate was $19,750. I wanted at least $20,000 but it was the end of the day and I was already tired...long day at work! :cry:
  • woodywwwoodyww Member Posts: 1,806
    It's sobering to think about selling/trading a nice 2002 Volvo S60 T5 for $14K, & buying/leasing a new 330i at what, $40K? (Unless you're Bill Gates, or your employer is paying your lease payments).....hopefully, the 330i will be "3 times better" than the Volvo.....

    Just curious, do you "have to" lease another car, or if you bought out the Volvo at lease end, could you live with no lease payments?
  • pholliephollie Member Posts: 45
    Any insight on the following?
    Seattle, Wa
    2004 Saab 9-5 Aero Wagon
    17 inch alloys
    park assist
    25,000
    great condition
    espresso brown/interior beige leather
    Automatic
    No dings or scratches. Interior in very good shape.
    Ventilated seats
    rain detect. wipers
    new tires

    Thanks for any insight.
  • rroyce10rroyce10 Member Posts: 9,332
    ... **Well, the best I was able to negotiate was $19,750. I wanted at least $20,000 but it was the end of the day and I was already tired... long day at work! ...**
    ==================

    Thanks for the update ..... $19,750 ..? ...

    I should have been a little more clear on the appraisal ... the new Maxima's have a funny niche in the market .. they might sell well in Philly, but not so well in Pittsburg .. the Altima's seem to do a little better across the board, but then again it was being traded at an Audi store ... :P ........ you didn't get creamed, so enjoy your new ride.!



    Terry. ;)
  • graphicguygraphicguy Member Posts: 14,120
    T-man....found a nice '05 Acura TL in Cincinnati, used....5K miles, navigation, automatic, certified, black on black at an Acura dealership.

    Drives nice. Got some swirlies in the paint (but, it's black and kind of expected....looks like it's been to a couple of $2 car washes). Inside is clean and they put that "shiny" stuff all over the inside and on the tires.

    No obvious body work.

    How much do you think the dealer has in this thing? What do you think would break it loose from their clutches?

    Thanks!
    2024 Kia EV6 GT-Line AWD Long Range
  • statecatstatecat Member Posts: 10
    Wichita, KS
    2001 Ford Expidition
    4dr XLT
    4.6L V8
    2wd
    85k miles
    Black/grey leather
    Premium audio w/ 6disc changer, towing, nerf bars, pwr heated side mirrors, adjustable pedals
    exterior - no dings, scratches
    interior - rear leather shows slight wear
    tires - 65% used
    Brakes are good
    all regular maintenance has been maintained, no major maintainace problems.
    no previous damage/claims.

    Thank you for your time.
  • qbrozenqbrozen Member Posts: 33,736
    '03 CRV LX auto AWD with 45k miles.
    Tan over tan in NJ.

    it has been hit in the rear and fixed. I believe it was about $1500 damage, so not too major.

    As always, thanks, Terry.

    '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

  • robr2robr2 Member Posts: 8,805
    need your help. I mentioned a few weeks ago that my 1998 Accord had been hit again. It's now pretty close to $8K in damage and it looks like it is going to be a total.
    I now need a retail number to use as a negotiating point with the insurance company. I've pulled a couple of comparables for sale off of some web sites and the big 3 values.
    Here are the details:
    98 Accord EX Sedan
    Boston
    87K miles
    Heater Mist - silvery champagne color
    Auto
    Leather
    Normal EX goodies
    A couple of small dings, a slight scuff on the rear bumper, usual chips on the nose, and a little rim rash.
    Dealer service up to date
    Rubber about 50%.
    Numbers point to retail asking price between $8500 and $9500. What say you and thanks in advance.
    ===============================

    **and it looks like it is going to be a total** .... aaah yeah, not unless you have Gloucoma, that's what I would be thinkin'.! ... it should have been totaled at $$5,0/$6,0 ..... Retail Rd.? - I agree $8,5/$9,5 would be a "fair" *asking* retail price ...

    When they finally get to the final figure (whatever that might be) "then" ask for the taxes ......

    Don't forget to let me know .!


    Terry - I forgot to let you know. Well better late than never.

    They insurer refused to total at almost $9K in damages. Said it was a $12k retail piece and wanted to fix it. I almost gave myself a hernia laughing. They refused to budge.

    I took the check for the damages, gave the body shop a few bucks for their trouble and sold it for scrap.
  • biancarbiancar Member Posts: 965
    Wow. So they gave you the 9k check for damages?

    I'm amazed they didn't call that totaled. I thought if it was more than 50 - 60%, it was considered a goner.
  • dekesterdekester Member Posts: 322
    Terry,

    Looking for your expert opinion. Will I get a better deal at a Mercury dealer on an 04-05 GM, or will I pay a premium? Will a Ford dealer be better to deal with?

    I see on eBay there's an 03 LSE (with the console and floor shift) with 18K in Vero Beach. The Buy It Now price is 15800. Seems a little high given it's three years old and very little warranty period left.

    How about this outfit on the East Coast called "Off Lease Autos"? They're all over eBay. I'd rather not buy off the internet, but if I can get an idea where best to shop, that's the battle won.

    Thanks.

    Oh, to keep this on-topic, how about a number for my car?

    Palm Harbor (Clearwater/Tampa) Florida
    1998 Olds Intrigue (base)
    SilverMist with grey cloth.
    Only options on the car are rear spoiler (factory) and integrated antenna in rear window (this was an option on first-year Intrigues).
    53700 miles, a few door dings, but paint is great (waxed regularly), no McDonald's attacks. Only bodywork was 2 1/2 years agon when I was tagged by a parking lot hit and run to the tune of $680. Replaced right headlight assembly, a little hammer work on right front fener. Paint a perfect match (took to a local hot rod/restoration shop)

    The standard equipment sold me on this car new. Traction control, 4 wheel disc ABS, cassette/CD stereo (not Bose), etc.

    Hoping for around $4K for trade.... KBB shows $2500!!!

    Thanks,

    Deke
  • rniccagerniccage Member Posts: 2
    I previously posted the week before about my Sentra, but have since been involved in an accident.

    Location: Long Island, NY
    Year/Make/Model: 2004 Nissan Sentra 1.8S
    Body Style: 4dr
    Engine: 1.8 liter, 4 cylinder, auto
    Driveline: FWD
    Mileage: 42,000
    Color: silver/sage
    Major Options: All standard equipment
    Condition:
    Ding on left rear bumber (paint scratched off slightly) and two dents on front left side of hood about 1-2cm wide each and a couple of millimeters deep (the paint did not chip). Stain on passenger seat, not TOO noticable.
    Tires - unsure, however original tires rotated whenever recommended
    Brakes - unsure
    Maintenance - scheduled maintenence always done with records, only unscheduled maintenance was a recall that replaced the catalytic convertor at about 37K miles.
    Other: Not sure if this is important, but trading it in for a 2006 Scion tC - high demand car (2 month wait), so not sure how much trade in value will be negotiable.
    Accident damage - paint from other car scraped off on rear bumper (will be repainted, possibly cover up my other paint scraping back there?). Front bumper and grille being replaced. Total damage $1000 hopefully being paid by the person that hit me.

    I had a quote of $8400 on the car before the accident and the car is supposed to look exactly the same as it did before it. Any chance of losing value if the dealer finds out (would he even check the car (other than looking at it's physical appearance) again)?

    Thanks for the help!

    Jennifer
  • robr2robr2 Member Posts: 8,805
    Wow. So they gave you the 9k check for damages?

    I'm amazed they didn't call that totaled. I thought if it was more than 50 - 60%, it was considered a goner.


    Here in MA, many insurers hand you the check and you're on your way. If you decide not to repair the vehicle, they'll just limit you on future claims.

    As for the percentage, my insurer looks for 80%. I think because they had kicked out over $11K on a claim 18 months earlier, the adjustor was treating this Accord like it was an investment for them.
  • rroyce10rroyce10 Member Posts: 9,332
    ... **T-man.... found a nice '05 Acura TL in Cincinnati, used....5K miles, navigation, automatic, certified, black on black at an Acura dealership.
    Drives nice. Got some swirlies in the paint (but, it's black and kind of expected.... looks like it's been to a couple of $2 car washes). Inside is clean and they put that "shiny" stuff all over the inside and on the tires.
    No obvious body work.
    How much do you think the dealer has in this thing? What do you think would break it loose from their clutches?
    ==================

    Mornin' Graphicguy ...... these TL's are pretty strong in the market, Acura has a hole-in-one with these dudes .. besides all that, they are really nice cars .....

    You're in Cinci .. it's the right color for the area, auto thing, the miles are waaaaay low and it's got the Nav ....

    So if the history is c-l-e-a-n, no Dutch Boys, no curb burners and has the CPO ..... then the dealer probably has in and around the strong $28's, maybe even the low $29's in it .... ya "might" grab it for the mid $30's low low $31ish figure, maybe ....... these silly things are like the CRV's, they get stupid $$ ...... me personally, I would go new .... for $50ish more a month you can get a brand new one and run it thru all the $2.00 car washes you can find ~ with the windows down if you so choose ...... ;) ...

    Let me know how it goes .......................



    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .. **Terry,
    The goal is to make Augusta an annual pilgrimage. Was there 2 years back when Phil won and absolutely loved it.
    Looking at the BMW 330i, with sport package, manual trans, nav, comfort access. Already have a dealer willing to do a great deal on the lease, just need to get out of the last 6 months of this volvo. Any recommendations? Or do I just sit and wait it out?
    Thanks ...**
    ==============================



    If ya get a chance you need to roll up to Pinehurst and play some of those courses -- especially Tobacco Road, can you spell: WOW.! ..

    Do you know your current payoff on the Volvo ....?



    Terry.
  • mtagmtag Member Posts: 2
    Hi Terry,

    How's everyone. I wanted to check and see what the trade in on a 2005 Jeep Grand Cherokee 5.7L Hemi would look like.
    8cyl/auto/AWD
    Alloy/Sunroof/heated seats/auto low-hi beams/mud guards/all season mats/back cargo mat.
    Tow Package
    Quadradrive II
    Tires - new
    Full maintenace completed at dealer
    No accidents - very clean
    19,000 miles - all highway

    Thanks,

    Mike
  • mikefm58mikefm58 Member Posts: 2,882
    Over in Prices Paid, those are going for a bit under Edmunds TMV, which is at just under $35K. Terry's right on with the TL, great car and holds it's value exceptionally well. I too wouldn't pay $31K for a used car when for just a bit more, you can get one new and configured exactly the way you want.
  • rroyce10rroyce10 Member Posts: 9,332
    ... **Terry,

    Looking for your expert opinion. Will I get a better deal at a Mercury dealer on an 04-05 GM, or will I pay a premium? Will a Ford dealer be better to deal with?

    I see on eBay there's an 03 LSE (with the console and floor shift) with 18K in Vero Beach. The Buy It Now price is 15800. Seems a little high given it's three years old and very little warranty period left.

    How about this outfit on the East Coast called "Off Lease Autos"? They're all over eBay. I'd rather not buy off the internet, but if I can get an idea where best to shop, that's the battle won.
    Thanks.
    Oh, to keep this on-topic, how about a number for my car?
    Palm Harbor (Clearwater/Tampa) Florida
    1998 Olds Intrigue (base)
    SilverMist with grey cloth.
    Only options on the car are rear spoiler (factory) and integrated antenna in rear window (this was an option on first-year Intrigues).
    53700 miles, a few door dings, but paint is great (waxed regularly), no Mcdonald's attacks. Only bodywork was 2 1/2 years ago when I was tagged by a parking lot hit and run to the tune of $680. Replaced right headlight assembly, a little hammer work on right front fender. Paint a perfect match (took to a local hot rod/restoration shop)
    The standard equipment sold me on this car new. Traction control, 4 wheel disc ABS, cassette/CD stereo (not Bose), etc.
    Hoping for around $4K for trade.... KBB shows $2500!!!
    Thanks,
    Deke
    =============================

    There is plenty of nice clean Grand Marquis around, especially in Florida .... the 03 LSE is probably worth in and around the super duper tall $11's low/mid $12's on the dealer side, it might hit the table at the super tall $12's with those low low low miles .......... $15,800..? .. he ain't trying to hurt anyone, but you could probably buy it for $14,5ish or less .. not a whole lot going on in Vero Beach right now ...

    The thing about ebay, is alot of folks fall for the "buy it now" price .. but if you go direct, you can usually negotiate a much better price .. like myself on a particular golf club, the "buy it now" price was $199 .. but after I emailed him and spoke on the phone a few times, I got the club "and" the new Aldila graphite shaft for $129 .. a great buy considering the shaft alone is worth $80 .......

    Anywaaaay ....... the base Intrigue is worth .. (drum roll please) .. in and around the $2,500ish range, might maybe "could" find a dealer that might struggle towards the $3,0 figure, big maybe - Kbb is pretty close on this one, and the low miles save it ...... $4,000.??? .. is that a new Radu I see in the glove box.? ..l.o.l.. ...... me personally.? .. down Retail Rd it would go ... you know the deal by now .. great detail, great pics, super Ad and $4,950 *asking* and wave bye bye at the first $4,0/$4,5 ..... I bet this won't last long if properly done - it's the right price and miles.!

    Don't forget the update .................. :P



    Terry.

    PS: East Coast is a dealer out of Orlando(?) and they buy alot of vehicles at the auctions, I see them around quite a bit and like many dealers now, they use the eBay route .....
  • rroyce10rroyce10 Member Posts: 9,332
    .... ** **and it looks like it is going to be a total** .... aaah yeah, not unless you have Glaucoma, that's what I would be thinkin'.! ... it should have been totaled at $$5,0/$6,0 ..... Retail Rd.? - I agree $8,5/$9,5 would be a "fair" *asking* retail price ... When they finally get to the final figure (whatever that might be) "then" ask for the taxes ......
    Don't forget to let me know .!
    Terry - I forgot to let you know. Well better late than never.
    They insurer refused to total at almost $9K in damages. Said it was a $12k retail piece and wanted to fix it. **and it looks like it is going to be a total** .... aaah yeah, not unless you have Glaucoma, that's what I would be thinkin'.! ... it should have been totaled at $$5,0/$6,0 ..... Retail Rd.? - I agree $8,5/$9,5 would be a "fair" *asking* retail price ...

    They insurer refused to total at almost $9K in damages. Said it was a $12k retail piece and wanted to fix it. I almost gave myself a hernia laughing. They refused to budge.
    I took the check for the damages, gave the body shop a few bucks for their trouble and sold it for scrap.
    Replies to this message:
    I took the check for the damages, gave the body shop a few bucks for their trouble and sold it for scrap.
    ===========================

    **I almost gave myself a hernia laughing. They refused to budge..** ..l.o.l... it's killin' me.!

    Nut's ain't it.! ... they'll pay someone $9,000 for a $5 grand car, but they'll only pay $5,000 for a $9,000 roof repair from a hurricane ...... I need to know what these guys are smokin' first thing in the morning ... :P

    ... thanks for the update, I loooove these stories ...



    Terry.
  • kuntingkunting Member Posts: 1
    Dear Hosts,
    I am hunting a used car. Gonna see this car during weekend. It's a private seller. Your expert opinion is very much appreciated.
    Location: [Jersey City/NJ]
    2000/Infiniti/G20 (not G20t):
    Body Style: [4dr]
    Engine: [2 liter, 4cylinder, auto]
    Driveline: [FWD]
    Mileage: 77000
    Color: [white/black]
    Major Options: [alloys, sun roof, etc. standard options for G20]
    Condition:
    good condition. the owner is the first owner
    Tires - 80% worn
    Brakes:OK
    Maintenance: regular
    Other:
    Very clean carfax report.

    Thanks a lot
    Kelvin
  • graphicguygraphicguy Member Posts: 14,120
    ..." Mornin' Graphicguy ...... these TL's are pretty strong in the market, Acura has a hole-in-one with these dudes .. besides all that, they are really nice cars .....

    You're in Cinci .. it's the right color for the area, auto thing, the miles are waaaaay low and it's got the Nav ....

    So if the history is c-l-e-a-n, no Dutch Boys, no curb burners and has the CPO ..... then the dealer probably has in and around the strong $28's, maybe even the low $29's in it .... ya "might" grab it for the mid $30's low low $31ish figure, maybe ....... these silly things are like the CRV's, they get stupid $$ ...... me personally, I would go new .... for $50ish more a month you can get a brand new one and run it thru all the $2.00 car washes you can find ~ with the windows down if you so choose ...... ...

    Let me know how it goes ......................."

    Terry...this would ba a "cash" deal. So, the payments aren't as much of a concern.

    Anyway, got a call from the dealer this a.m. He said he'd do the used CPO '05 TL for $30,800....or about right where you said he'd be.

    He also said he'd do a new '06 TL, same equipment, any color, for $34,8......that's a $4K swing from one model year to the next....with no appreciable difference in the cars.

    Now, I've got to make up my mind if the $4K swing is worth it on the back end when I'm looking to move on to something else, somewhere down the line.

    You're right....I've driven the '05....nice cars, these TLs.
    2024 Kia EV6 GT-Line AWD Long Range
  • bdr127bdr127 Member Posts: 950
    I'm amazed they didn't call that totaled. I thought if it was more than 50 - 60%, it was considered a goner.

    Every state is different.... I've lived in MA and PA, which I believe both use 80%. Now I live in NC which uses 25%.

    If you are really upside-down in your car and you want total it to get out of it, come on down to NC!!! Ha! :P (Please note, I am not advocating insurance fraud. ;) )
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