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Real-World Trade-In Values

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Comments

  • thenebeanthenebean Member Posts: 1,124
    2002 VW Beetle turbo S FWD 2 door
    lives in CT - West Hartford
    red with black moocow gut
    handshaker (as you like to call it)
    had rear bumper replaced when it was just a baby
    looks nice now, a few minor scratches and chips - what you expect on a 4 yr old car.
    killer is 80k miles
    roof
    no cd
    tires were changed recently (within the last 10-15k miles)
    i believe she kept up with the maintenance so everything should be all set. she's looking to sell private party so she can downgrade to a car she can just pay cash for and not have payments. im posting this as a service to her!

    thanks terry!
  • jimbresjimbres Member Posts: 2,025
    Down Retail Rd....? .... $11,900 *asking* and let someone pull my nose hairs out at $11/$11,5 ..... it depends on how close you and the "relative" are ..l.o.l..

    Thanks, Terry. I'll let you know how it turns out, but I don't think we'll see $11.5K for this. My wife, a soft-hearted sort, has already told her cousin that we're looking for $11 but we'll take less. When the dust settles, I think we'll end up with $10.5K.

    Never do business with family.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Is there an echo in here ....?


    **I always find it's better to do business with a stone cold stranger than with family**

    I definately know what you mean ..

    I'm always waiting for the next shoe to drop ..l.o.l....



    Terry. :blush:
  • spiff72spiff72 Member Posts: 179
    OK here are the details:

    Located in West Michigan
    2002 Trailblazer LTZ (non-extended version)
    In-line 6 cyl
    4WD/Automatic
    47000 miles
    Majestic Red with Pewter (2-tone)/2-tone gray leather interior
    Moon Roof, Bose Premium Stereo w/ 6-disc changer, rear air, Onstar, Cruise, Running Boards, Dual Power Seats
    Interior: Perfect (recently detailed)
    Exterior: Excellent with one small ding in drivers door (doesn't affect paint) - Paint still looks very nice (when clean)
    Front rotors and pads replaced at 32000 miles (rusted rotors covered under warranty)
    Oil changes whenever needed (according to Oil Life System)
    Tires: Not sure - probably needs tires in the next 12-18 months

    Will be trading in to a Toyota dealer

    KBB trade-in values:
    Excellent Condition: 14350
    Good Condition: 13490
    Fair Condition: 11945

    What will they likely offer me??
  • sadatxsadatx Member Posts: 70
    Greetings,

    I just traded in a Silver 2003 VW Passat GLX 4motion Passat with 35,500 miles. Dealer gave me $15k. Thought it was fair so I took it. Any thoughts?

    Bought an 03 BMW 745 Li with 21,800 miles from the dealer. Clean carfax history. Was a leased vehicle prior to my purchase. Options on the car were:

    * Convenience Package
    * Luxury Seating Package
    * Premium Sound Package
    * Tire pressure monitor
    * 19" wheels w/performance tires
    * Park Distance Control

    Color is Sterling Gray with black leather. Car has an additional 2 yr, 50k mile warranty as well.

    Paid $45,600 (not including taxes and fees). Car is in very good condition except the drivers seat has a few blemishes in the leather. No idea how to make the seats appearance appear newer. Did I do ok?

    I live in the Chicagoland area.

    Thanks.
  • laurakatlaurakat Member Posts: 69
    Hi Terry,

    What can I expect for trade-in and private party value for my 2001.5 GLX? Details below:

    Location: Detroit
    2001 VW Passat GLX new body style
    4DR sedan
    2.8 V6 with 5-speed manual tranny
    FWD
    65k miles
    Dark green
    Options: Phatbox MP3 music system - works with VW Monsoon head unit.
    Condition:
    Interior and exterior in very good condition.
    Tires are 50%
    New brakes and rotors two weeks ago
    2nd owner
    All VW recommended maintenance since I've owned it at 36k miles. Have service records from local VW dealer.
    Clean Carfax.

    Let me know what I can expect.

    Thanks!
    Mike
  • zodiac2004zodiac2004 Member Posts: 458
    Paid $45,600 (not including taxes and fees).

    Was that the difference figure, or the price of the BMW.
  • sadatxsadatx Member Posts: 70
    Hi Zodiac,

    That was the actual selling price of the vehicle. I owed $15k on my Passat and the dealer paid off that balance. Now I have this new $45,600 balance.

    The dealer did mention a trade difference - but i didnt know what he was talking abt (can you elaborate) so we didnt go that route.

    I originally wanted to buy the car from a BMW dealer so I could get the 3.9% for 5 years - but I had a tough time finding one in the color combo, options, and miles (for my tastes) with the dealers in my area. The lowest I could find was through my credit union since I didnt go with the BMW dealer. I got 5.25% for 5 years.

    Thanks.
  • goodhousegoodhouse Member Posts: 2
    Thanks to all - Single Mom buying a vehicle for the first time. Anyway, thanks for the help. Now I know that they aren't trying to pull a fast one on me. I think I did good - got a 06 Sienna LE with 7,800 miles for 19,500 with the 100,000 warranty. I thought perhaps they were trying to make their money on my trade. Thanks again!!!
  • jonbanksjonbanks Member Posts: 15
    i actually purchase this from an insurance company however all of the repairs were made by a good shop and it looks and drives new the the lights are stuck because i guess dat it stays on , i had 2 reset the oil change , brand ne w tune up for the service engine, and it has coolant has absolutely no mechanical or body/frame problems i would actually encourage potential buyers to have it checked by a mechanic/frame shop,. now lets talk prices,
    the vehicle cost me $9,400 from the insurance company
    $1000 in parts/windows
    $656 for registration/inspection/plates
    $3800 for bodywork/labor/paint
    total cost was just about $14,900 and about 6 months of wait time , how do i turn this around into a small profit .instaed of the worst investment of the year award, i might have made the car sound way worst then it was in the last post. keep in mind that it is the z71,auto ride ,leather ,4x4, 5.3 flex, 3 rows , onstar, lt, 95k,tow package oh and i forgot about the sunroof, heated/memory seat, 2004 in year.
    if i did my home work right it should be booking private party in fair condition for about 18k-19k

    im not trying to force it but i just dont want to loose 3-4k and 6 months of waste
  • theflushtheflush Member Posts: 100
    Terry, what are you thoughts on this one? I think I finally pretty close to buying something, so I could use your opinion of this trade in.

    1999 Ford Ranger XLT 4WD 4 Door
    Columbus, Ohio
    Automatic transmission
    6 Cyl 3.0L FlexFuel
    117,000 Miles
    Red exterior - gray interior
    Off Road Package
    AM/FM CD Player
    AC works well
    Sliding rear window.
    No power windows, power locks, or cruise control.
    I hit a deer last fall, but it was repaired properly. Did not even knock the deer down, but did <$1500 in damage to driver's side front fender, headlight assembly, and the door had to be repainted, but not replaced.
    Well maintained, tires 50%, front brakes 50%, rear brakes are new, alternator is new, plugs and wires just replaced.
    It cleans up nice for its age.
  • mikefm58mikefm58 Member Posts: 2,882
    I'm not in the biz, so I'm speaking from the consumer side. As soon as I see "salvage title", I would run from that vehicle.

    Private party fair conditon? And a salvage title? Salvage title throws all the books out the window.

    Come on man, it's been in a serious accident. It's got 95K miles and Chevy's aren't known for reliability.

    Me thinks you made a baaaaaad investment.
  • corvettecorvette Member Posts: 11,272
    The insurance company would not have totalled the car if there were only $4800 in visible damage to it. Was it your vehicle before the accident? Where was it hit? Was it in a flood? Did the airbags deploy? What probably happened is that $4800 got it in a condition so that it looks okay from 50 feet. A salvage title immediately sends up a warning flag that corners were cut in the repair of the vehicle.

    ...lights are stuck because i guess dat it stays on...

    The check engine light does not just stay on. There is a specific code stored inside the car's computer that will provide more information about what is causing the light to come on, and which parts might need to be replaced to fix it.

    Edmunds has it booking private party in rough condition at $17-ish. Rough would include the check engine light, and some scratches, dents, and dings, but not a salvage title, which would be another deduction.

    It has a zillion miles, the dashboard is lit up like a Christmas tree, and it's got a salvage title. Where's the good news?
  • rroyce10rroyce10 Member Posts: 9,332
    ........ and keep in mind, most lenders won't finance a salvage title ... at best, it's a $10,000 vehicle ... but you can tell he doesn't read the posts ..l.o.l..

    --- or his insurance policy.

    ==============================



    >>>.. ** im considering selling it at a local auction
    where i believe it will fetch 10% lower than the blue book in fair condition..**


    $15,900....?? ... does that include the Baume Mercier.?

    ... and I believe I can hit my new driver 325 yards .. (but when they measured my last 15 drives, I only averaged 245 yards) --- so much for what I believe in ..l.o.l...

    Like Mathias has mentioned, this ain't no beauty ..... it's got a TON of miles, it's had a major meteorite hit, it lights up like a Christmas tree, it sounds like it's been put back together by Helen Keller, and let's not forget ~ it has a salvage title .... other than that, it's puuuurfect.!

    I have no idea what auction you might be going to, but at $15,9 I need to send some stuff there ..l.o.l... .. but any of the ones I've been to, you'd be staring down the barrel of the $8/$9,0 zipcode (depending on where you live and the V8) ...

    You might want to spend some $$ and put this dude back together - properly ..l.o.l.. .... then send it down Retail Rd with a full disclosure, a fat daddy detail, a wonderful picture gallery, a superb Ad, all the history on the front seat and bring the price back down to Earth, like $10,900 *asking* and go from there .....







    Terry. :sick:
  • jonbanksjonbanks Member Posts: 15
    no flood or fire just a hit to the passengers fender and passengers door the windshield busted and the passenger and rear passenger window busted

    good looking vehicle, an expert would not be able to tell that it was a salvage from just looking , i really dont know why the insurance salvaged it , it wasnt that much to repair just around $5,500 oh and 6 months hassle
    im just thinking that this vehicle is hard to sell without a salvage title and now with it makes it next to impossible . those 95,000 miles have to be all highway i got it back in january the beginning of 2006 so 2 years for 95000 mile why thats 47500 per year which as we all know is just under 4000 per month these people must have been going coast to coast every month thanks for the post htey really been helping please keep sending them in
  • jonbanksjonbanks Member Posts: 15
    and if its only a 11-12k vehicle i will just have to except it , but i want to know for sure before i throw my 6 months of time and 2600-4600 dollars down the drain oh and i forgot about advertising expense , however much that is too! (p.s im serious i'm NOT being sarcastic)
  • tkethumpertkethumper Member Posts: 10
    I'm in talks with a dealership and I think they're lowballing me on the trade in value. They say $14,000, is that a fair trade in value?

    Syracuse, NY
    2004 Chevy Colorado LS
    Crew Cab
    3.5L 5cylinder engine, auto transmission
    Z71 4x4 Offroad package
    52,000 miles (highway)
    Sunburst Orange exterior, dark grey cloth interior
    Alloy wheels, power sunroof, premiere sound system, Chrome Tubular sidesteps, bed liner, tonneau cover, keyless entry, power windows, power locks
    Condition:
    Excellent - a few minor chips from road rocks, not very noticable unless you get up close. No rust on body, very few spots of surface rust starting on undercarriage. Interior has no tears and only a few minor surface scratches near door handles.
    Tires are new Goodyear Fortera Silent Armor tires, 70,000 mile treadlife. Have been on the truck for 6 months, about 9,000 miles.
    Brakes are in good condition. Almost all miles are on highway
    Oil changed every 3000 miles, tires rotated every 6,000 miles. Fuel filter recently changed. Never needed any other maintenance or repairs.
    Only owner, no accidents, repairs or body work done to this vehicle. Extended warranty through Warranty Direct covers vehicle to 148,000 miles and is transferrable to new owner.
  • div2div2 Member Posts: 2,580
    You might want to spend some $$ and put this dude back together - properly ..l.o.l.. .... then send it down Retail Rd with a full disclosure, a fat daddy detail, a wonderful picture gallery, a superb Ad, all the history on the front seat and bring the price back down to Earth, like $10,900 *asking* and go from there .....

    Better yet, park it on the bad side of town and leave the keys in it...
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Aaah, between you me and the lampost ..... that's what I would be thinkin' ..l.o.l.....

    Terry.
  • jaybeejaybee Member Posts: 46
    Just wanted to follow up and say, after long negotiation, I did get $10,000 for my 2002 Toyota RAV4 (the one listed below.) I am now enjoying my new IS250! Thanks for the help.

    **However, was in accident (front end) over 2 years ago (approx $6K damage). Airbags never deployed. I can't tell that it has been repaired, but I'm not a professional. Carfax shows NO accidents, however.

    NADA says $14,000 trade, Edmunds says $10,900, KBB says $8500. Both dealers I have been to offer $8500. Is that really all there is? I can't help feeling I should get more.
    Thanks for your help..**
    ==============================



    "Let's just say..." .. it's BA (before accident) ... it's probably worth in and around the low/mid $10's (if it's super duper cleeeean) ... add that minor itty bitty tiny (small) can't even see it $6,000 baby kiss, and you're lookin' at the $7/$8 region .....

    I know in your eye's you feel no one can see the damage ...... but I have a stupid feelin' that the dealers saw that repair from a block away .. and that in turn, brought out the UC guy with his $900 Elco and I'm sure that dial lit-up like Rudolphs nose on Christmas Eve ......

    $8,500 seems like a lot of $$ for a vehicle that had more damage than Joe Lewis ........



    Terry
  • corvettecorvette Member Posts: 11,272
    Dirty little secret... You can get full coverage insurance on a salvage title car, but if it's ever written off again, they'll pay you the value for a used car of that vintage and mileage with a salvage title. Many would say it's unfair they charge the same comprehensive premium for a salvage title car as they do for one with a clean title, when their payout on a total loss is much lower for the car that's already been salvaged.
  • lisa1119lisa1119 Member Posts: 1
    Location: Roanoke, Virginia
    Year/Make/Model: 2002 Chevrolet Trailblazer LT
    Body Style: 4dr SUV
    Engine: Driveline: 4WD
    Mileage: 62,000
    Color: goldish/brown exterior, tan leather interior
    Major Options: sunroof, 6 disc cd changer, leather
    Condition:
    In good conditions except for the molding is coming off of the drivers door, which I plan to get fixed before I trade
    Tires - new
    Brakes - fairly new
    Maintenance - have kept up with all maintenance
    Other: not a thing :)

    I want to trade my TrailB on a 2006 chevrolet equinox. Can you let me know what a fair trade may be?
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Thanks for the update ....

    Sounds like you did good .... but I have a funny feelin' there might be a little "overallowance" in that $10,000 ..... no matter, anything over $8,5 is a gift from heaven ... the good news: it's gone and your drivin' your new IS (nice cars) so enjoy .... ;)



    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .. **OK here are the details:
    Located in West Michigan
    2002 Trailblazer LTZ (non-extended version)
    In-line 6 cyl
    4WD/Automatic
    47000 miles
    Majestic Red with Pewter (2-tone)/2-tone gray leather interior
    Moon Roof, Bose Premium Stereo w/ 6-disc changer, rear air, Onstar, Cruise, Running Boards, Dual Power Seats
    Interior: Perfect (recently detailed)
    Exterior: Excellent with one small ding in drivers door (doesn't affect paint) - Paint still looks very nice (when clean)
    Front rotors and pads replaced at 32000 miles (rusted rotors covered under warranty)
    Oil changes whenever needed (according to Oil Life System)
    Tires: Not sure - probably needs tires in the next 12-18 months
    Will be trading in to a Toyota dealer
    KBB trade-in values:
    Excellent Condition: 14350
    Good Condition: 13490
    Fair Condition: 11945

    What will they likely offer me??
    ==========================

    West Michaginner.? ... you should be right down the street from Mathias ..

    The color(s) are good for the area, the miles are low, we got that Bozo sound thing, we got the hole in the roof, we got the 4 wheels a spinnin', we got the moo cow seats, we got the new stopper program, the round things need to be replaced and we got us a little board action ... sounds nice.

    .... no Maaco, no K-mart collisions, no I drove through my neighbors Koi Pond....? .... if so, then trade side in and around the low/mid $11's, might maybe see the tall $11's low low low $12's because of the area ....

    No dealers are puttin' big $$ into 4wd's this time of the year and Yota dealers aren't known for their "generosity" ... so let me know on this one.


    Terry. :cry:
  • laurakatlaurakat Member Posts: 69
    Hi Terry,

    What can I expect for trade-in and private party value for my 2001.5 GLX? Details below:

    Location: Detroit
    2001 VW Passat GLX new body style
    4DR sedan
    2.8 V6 with 5-speed manual tranny
    FWD
    65k miles
    Dark green
    Options: Phatbox MP3 music system - works with VW Monsoon head unit.
    Condition:
    Interior and exterior in very good condition.
    Tires are 50%
    New brakes and rotors two weeks ago
    2nd owner
    All VW recommended maintenance since I've owned it at 36k miles. Have service records from local VW dealer.
    Clean Carfax.

    Let me know what I can expect.

    Thanks!
    Mike
  • spiff72spiff72 Member Posts: 179
    Thanks for the feedback, Terry.

    It will probably be another month or so before I trade, but I am not driving it much (due to the fact that I am chaufferring my wife around with a broken ankle, and she has a hard time climbing into the TB). Ill post here and let you know what I get for it.

    Jeff
  • waydewayde Member Posts: 198
    Hi -
    Have 06 IS250 AWD with NAVI and Premium/Luxury Packages.
    Blue Onyx Pearl/Black leather.
    Spotless.
    3000 miles.
    need to downgrade... what do you think?
  • woodywwwoodyww Member Posts: 1,806
    Better yet, park it on the bad side of town and leave the keys in it...

    Somewhere near the Texas/Mexican border perhaps? I hear SUV's are big in the stolen car/export market.....
  • robr2robr2 Member Posts: 8,805
    ... **Dad traded it for a new 06 CRV EX AWD Auto with a bunch of accessories and a dealer trade for $13,700. He could've done better IMHO, but he was happy with the price. They only had a couple left on the lot hence the trade....**
    ==========================

    Tanks for the update .....

    hey, those accessories ain't free, he probably got em' for another $300/$400 just to make it "purty" .....

    Nice vehicle .... enjoy.!


    Accessories aren't free??!! I thought all you have to do is ask and they toss 'em in for nothin' and the magic accessory fairy installs them!! Personally, I would've done the accessories myself and saved a few bucks but Dad doesn't do manual labor anymore. He spent an extra $5-600 with installation for the accessories.

    It's a perfect car for the folks. Economical, safe, easy to get in and out, fits the grand kids...

    Thanks again for your help.
  • jonbanksjonbanks Member Posts: 15
    thanks for the advice what i will probably do then is ,find a buisness on a busy intersection ask to place my car on their lot, keep running it in the paper, and give it about a month to sell , if it doesnt , then that's when i will place it on ebay motors, what price do you think that i should start the auction? i was thinking $11,900 with NO RESERVE and then see how much of a loss i take or starting it off around 9,000 with a " very low reserve " in the title? what are your guys' opinions on that one?
  • woodywwwoodyww Member Posts: 1,806
    Terry, if you have a chance, I'm preparing to sell my 2000 bmw 528i wagon in Mass.:

    25K miles, black/tan, Premium pack (S/R, leather, wood, etc.), CD changer, auto, 2 owner, all records from new, no accidents, clean carfax. As good a condition as you'd expect from a N/S, no-kids owner. Orig. tires, about 50%, but I have another unused set I could put on or include.

    What do you think, trade in (probably for a Toyota/Honda/Subaru), or selling it myself? I'm thinking, a wagon, super-low miles, somebody might pay quite a bit more than a dealer? (I could put it on Fee-bay, or local ad).

    TIA! Woody
  • steve777steve777 Member Posts: 41
    Looking to trade in my 1999 Jeep Grand Cherokee Laredo for an Acura MDX and would like to know how much I would get from the dealer

    Northern New Jersey
    Pewter(Silver)color
    4WD 6 cyl
    62k miles
    good condition, no dings,no accidents
    Good Rubber - Tires have less than 10k on them.

    Thanks in advance
  • volvomaxvolvomax Member Posts: 5,238
    From a sellers standpoint, I don't like no reserve auctions.
    I'd put the reserve in at $9-10,000 and start the auction @ $100 and see what happens.
  • qbrozenqbrozen Member Posts: 33,736
    I'm just the opposite. From a buyer's standpoint, I HATE reserves. I buy and sell quite a bit on ebay, and I've been a member since they were fairly new. I avoid reserve auctions like the plague. There are just too many to choose from to bother with someone who is hiding their asking price. It doesn't need to be a secret. Just start the auction where you want it. What is the point in playing games? That's my opinion, anyway, for what its worth.

    '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

  • sprsnicsprsnic Member Posts: 77
    Central Valley area of CA
    10k miles
    Black on Black
    Has every option; this includes Navi, Harmon Kardon sys, Rear DVD Screens in headrests, bluetooth connection, laser cruise control, stock 20 in rims, supercharged engine, and adjustible suspension.
    One minor scratch on tailgate, everything else excellent
    Purchased it 6 months ago.
    Performed 1st 7500 mile service at dealer. Next 3 services are free. I purchased it new for 75000. Looking to get 68000. Is that fair for a trade? Thanks
  • volvomaxvolvomax Member Posts: 5,238
    Maybe a reserve doesn't matter when you are buying something for $50 or $100.
    But when you have soemthing worth thousands of dollars, its good protection to have.
  • woodywwwoodyww Member Posts: 1,806
    I agree with qbrozen--as a seller, I'd rather put a high starting price rather than use a reserve. Probably with an attractive enough "BIN" price so that someone might just pay that. Too often sellers with an unrealistic price use a reserve, & it's a waste of time for everybody.....
  • corvettecorvette Member Posts: 11,272
    If you start the auction at $11,900 with no reserve, you probably won't get any bids. If you start it at $5,000 with no reserve, it very well could get bid up to $11-12--it has to do with buyer psychology.

    This is not very honorable, but in practice, a lot of people will start the auction at a low price with no reserve, then cancel the auction if it gets close to closing time and the car is not bid up to a price they're happy with. It's shady, and I'm not sure if eBay has changed their policies to discourage it since the last time I checked.
  • volvomaxvolvomax Member Posts: 5,238
    We've sold well over a hundred cars on ebay.
    We have found that starting the auction off low generates more interest than starting with a high opening bid price.
    Obviously, you have to be realistic with your reserve.
  • jaybeejaybee Member Posts: 46
    Oh, I am sure that there was an "overallowance" on the trade, since they made a decent profit (about $2K over invoice) on the new car sale. In fact, that is the exact argument I made to them--"You are making X on the new car, you can afford to overallow a bit on the trade." Finally, it worked. I may not have gotten the bargain of the year, but I am happy and moving on down the road. Thanks again for your input.
  • british_roverbritish_rover Member Posts: 8,502
    Considering that is pretty close to invoice, I don't really keep track of the invoices on our cars so I had to go look it up but assuming edmunds is in the ballpark, you have to look at it from the dealers perspective.

    It is very hard to put a number on what is current model year vehicle with 10,000 miles. Looking at what they pay Land Rover for a brand new car with no miles and then looking at your car they have to pay you less for your car because it has miles.

    The key is how much less? They can't pay you 68,000 dollars for your car cause that is what a brand new one costs them. They would probably be asking about 68,000 to 69,000 for your car as a used vehicle.
  • jonbanksjonbanks Member Posts: 15
    my only concern with starting it at $5,000-$8,000 with no reserve is that , a) people will think thats it's a piece of ****, why else would i be selling it at such a low price? b) Im already going to loose money and time do i really want to risk loosing over $4,000 ? the vehicles total cost was just about $14,600 cash , so if it doesnt hit that im going to loose money and i think starting it off at 8,000 will probably only get it up 2 about 10,500 (if that) , i need to sell this vehicle like how i know and how i can prove that its worth im willing to take a loss but ium going to try and avoid it as much as possible. now for you people that have sold cars on ebay whats the rough aproximation that i will get.
    this is the vehicle
    i actually purchase this from an insurance company however all of the repairs were made by a good shop and it looks and drives new the the lights are stuck because i guess dat it stays on , i had 2 reset the oil change , brand ne w tune up for the service engine, and it has coolant has absolutely no mechanical or body/frame problems i would actually encourage potential buyers to have it checked by a mechanic/frame shop,. now lets talk prices,
    the vehicle cost me $9,400 from the insurance company
    $1000 in parts/windows
    $656 for registration/inspection/plates
    $3800 for bodywork/labor/paint
    total cost was just about $14,900 and about 6 months of wait time , how do i turn this around into a small profit .instaed of the worst investment of the year award, i might have made the car sound way worst then it was in the last post. keep in mind that it is the z71,auto ride ,leather ,4x4, 5.3 flex, 3 rows , onstar, lt, 95k,tow package oh and i forgot about the sunroof, heated/memory seat, 2004 in year.
    if i did my home work right it should be booking private party in fair condition for about 18k-19k
    i have the vehicle priced at $15,900 its the lt,leather,95k miles,onstar,3rd row,z71. has a tear in the cloth on the roof,missing a runnin brd, and has the service engine light on other than that it is in great condition , i just had it fully detailed inside and out
    salvage
  • steine13steine13 Member Posts: 2,825
    No reserve and start at a $1... that's what I do when I have something I'm SURE will sell reasonably well.

    It creates a veritable feeding frenzy, and it shows people that many others are interested as well, thus creating a real perception of value.

    I've done this with a motorcycle which sold for $1,150 or so, and it worked very well with the $1 start.

    It does take a certain amount of nerve, to be sure. And you can't yank it, either, that's sissy...

    I did start a canoe at $300, just 'cuz I didn't know the market. Cars are fairly predictable, though.

    -Mathias
  • jaserbjaserb Member Posts: 820
    I'm with Mathias. If you're going to do an auction, just do it fer cryin out loud. The only way I do a reserve is if I do a Buy-It-Now at the same time. That way it defines a top end for buyers when they're trying to guess your reserve. I've sold 4 vehicles on eBay over the years. Three were no reserve, start at $1 auctions and they all went for as much or more than I expected - 'course, I had been watching the market for a while. The fourth I put a "pie in the sky" Buy-it-now price on the car, and sold it for the buy-it-now after getting probably 10 e-mails saying my buy-it-now was too high.

    -Jason
  • rroyce10rroyce10 Member Posts: 9,332
    ... **I'm with Mathias. If you're going to do an auction, just do it fer cryin out loud....**



    Bingo...!!

    Bud, let me tell you what you've got here ....

    First of all, it's a miled-up 4 year old 4x4 in the heat of summer with a "blast from the past" with probably some frame damage, paint and repairs that can be seen by any pro and certainly it will light up an Elco like the 4th of July -- so cut your buying market by 40% ...

    Whether you run this thru ebay or a Manheim auction it has to be declared as a "salvage" vehicle .. or, you'll be suckin' the tailpipe back in 2 or 3 days and be refunding some monies .... so cut your buying market by 50% ...

    That's going to leave with "maybe" 10% of a buying market --- and 90% of those will be lookin' for financing and most lenders won't finance salvage titles ... so ebay will expand the potential buyers, but not the percentages ~~ (ding ding, light goin' on yet..?)

    Use a cheap "buy it now" figure as mentioned, start it at $1.00 and let it roll ...... reserve's flat kill a buyers mind, put a reserve on a car at a regular auction and it looks like Lemmings to the sea .. (get it...??)

    Like my great Grand Daddy used to say: .... "you can be a Lion, you can be a Tiger -- but never be a pig ..." ... (you know what happens to pigs, don't you..?) ....

    This ain't no CLS55 AMG with 2,500 miles .....



    Terry. :sick:
  • tkethumpertkethumper Member Posts: 10
    I reposted my vehicle twice but haven't heard anything. The last post is #30779 2004 Chevy Colorado. I'm in talks with 2 dealerships and I need help to determine if I'm getting a fair deal. Can anyone help me with this? Thank you!!
  • thenebeanthenebean Member Posts: 1,124
    2003 VW Beetle turbo S FWD 2 door
    lives in CT - West Hartford
    red with black moocow gut
    handshaker (as you like to call it)
    had rear bumper replaced when it was just a baby
    looks nice now, a few minor scratches and chips - what you expect on a 4 yr old car.
    killer is 80k miles
    roof
    no cd
    tires were changed recently (within the last 10-15k miles)
    i believe she kept up with the maintenance so everything should be all set. she's looking to sell private party so she can downgrade to a car she can just pay cash for and not have payments. im posting this as a service to her!

    thanks terry!
  • qbrozenqbrozen Member Posts: 33,736
    well, here's one tip, repost all the info, not a post #. You're getting a very generous free service here, so you don't want to make people search for your post.

    '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
    Maybe a reserve doesn't matter when you are buying something for $50 or $100.
    But when you have soemthing worth thousands of dollars, its good protection to have.


    well, as some others have pointed out, i'm not talking about having no protection. I'm talking about starting the price high.

    The suggestion of starting at $1, with a reserve, but having a Buy It Now is not a bad compromise. As mentioned, at least the BIN gives the shoppers SOME idea of what the seller is looking for.

    And, really, would starting the bidding at your minimum acceptable price chase off some bidders? Sure! But only those who wouldn't have met your reserve price anyway, had you gone that route.

    we should probably move this over to the discussion about buying and selling on Ebay before the host spanks us. ;)

    http://townhall-talk.edmunds.com/direct/view/.ef193c7

    '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

  • odd1odd1 Member Posts: 227
    Anal wife's commuter, super clean inside and out. All maintaince done on schedule at the dealer. Wife wants the new safety features of the 06 Pilot.

    Thanks!
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