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Real-World Trade-In Values

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Comments

  • celkancelkan Member Posts: 27
    Hello! I'm being offered a BMW 2005 325i convertible with only 5000 miles, CPO. It has all the options: premium and sport packages, Harman-Kardon, xenon, park assist. If it matters, it's blue with tan leather.

    Downsides: stick shift, only 184 horsepower. It's been sitting on the pre-owned lot unsold for two months here in San Diego.

    What do you experts think the dealer would be willing to do to cut this car loose?

    Thanks!
  • kyfdxkyfdx Moderator Posts: 265,440
    Interesting.. What are they asking?

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  • metro123metro123 Member Posts: 100
    '03 pontiac vibe, silver with gray cloth, 46K miles, auto, sunroof, dealer asking $11,900...where do you hit this one?

    thanks in advance
  • garn0garn0 Member Posts: 3
    Wondering if anyone might have an idea what a good offer to buy this would be from a dealer. It's a 4 cylinder and I know it had a rear end crash but the repair looks good. Other than that, it looks alright. They are asking $7K for it but no way would I pay that for it.
  • celkancelkan Member Posts: 27
    They have volunteered $38,000 without any negotiating on my part.
  • longo32longo32 Member Posts: 81
    I have been hoping to locate a 05' XLE in Texas, or Utah as I have 2 daughters living in these states. Plus the cars are there are usually in exquisite condition. No rusty fenders, blowing grit from sanding trucks pitting the windows and paint.
    Here is my wish list, Low miles "Sky Blue Pearl" paint, leather heated seats, no sunroof, a 4 cyl engine and rear window shade, (travel for weeks with a Black Catahoola in the back seat) So far I am SOL on everything including the 4 cyl engine in an 05 XLE.
  • ghuletghulet Member Posts: 2,564
    ...even if the price is technically 'good', why would you want to spend $38k on a car not equipped the way you want (I like the 5-speed, doesn't sound like you're too kean on them)?
  • ghuletghulet Member Posts: 2,564
    If you want one equipped that specifically, it's likely you're going to have to buy new or willing to compromise (I don't know if you'll ever find a 4-cylinder XLE with leather and no sunroof, let alone one that's blue). I'm sure you're aware of how Toyota bundles options, and how most cars in any given region are equipped similarly. I'll keep my eyes open here, though I'm in Chicago so not geographically ideal for you (weather and salt or not, I don't think you're going to find too many two year-old Camrys with 'rusty fenders').
  • celkancelkan Member Posts: 27
    Actually, I like the 5-speed--it's just a downside for most other buyers, so that should influence the sale price (and what I can get for it if I resell it, of course).

    The downside for me is that 184hp is just not very powerful. I drove the new Eos recently. It feels noticeably faster but has bad torque steer.
  • longo32longo32 Member Posts: 81
    Well, after a lot of digging around on the internet this is what I found today!
    What does the price sound like for this deal?

    Price $23,975
    Body Style Toyoto Camry Sedan 2006 XLE
    Mileage 7,845
    Exterior Color Sky Blue Pearl
    Interior Color Gray Leather
    Engine 4 Cylinder Gasoline
    Drive Type 2 wheel drive - front
    Fuel Type Gasoline
    Doors Four Door
    Stock No. 060509646
    VIN 4T1BE32K26U726692

    Automatic, Air Conditioning, 4 Door, Power Windows, Power Locks, Tilt Wheel, Cruise Control, Dual Power Seats, Heated Seats, Cassette, CD Changer, Alloy Wheels, Leather, ABS, Keyless Entry
  • kyfdxkyfdx Moderator Posts: 265,440
    If you feel like the 325Cic is underpowered (and, in the convertible, I agree), then don't even think about it... You'll always regret that you didn't get a 330..

    For a data point, the '05 330Cic that I leased last November had a selling price of $45,200... Probably had a $4K-$5K higher MSRP than the unit you are looking at..

    I'd think a more reasonable price on that 325Cic would be down around $35K.. Strictly from a value standpoint... I have no idea what they might be actually selling for...

    I forget... is it CPO?

    regards,
    kyfdx

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  • volvomaxvolvomax Member Posts: 5,238
    Well, the number that comes to mind is $7-8000, less if it needs work.
  • woodywwwoodyww Member Posts: 1,806
    I don't know what it's "worth", but given all your posts, if the car checks out (no accidents, etc.) you should probably go for it.......
  • foonafoona Member Posts: 18
    I have an opportunity to buy this car for the lease buyout price. It had a 39 month lease ending in Sept. Is this a gread/good/lousy deal?

    2004 Nissan Maxima SE
    44K miles
    Loaded, leather, roof, nav, xm, etc... all options available.
    Mint condition

    Buyout price is 19K.

    Supposidly the original new car dealer likes the car since it's in mint condition. They'll send it to auction and buy it back for about 18K I'm told... cheaper than buying it from bank for 19K. Of course I can't get it for 18K since I can't go to the auction.
  • volvomaxvolvomax Member Posts: 5,238
    Well, it must be a very nice car cuz $18k is all the money.

    I like it @ $17=17500
  • erics6erics6 Member Posts: 684
    What's a realistic trade value given recent auctions? Also, realistic private party asking price for quick sale?

    2000 Subaru Outback limited
    Portland, Oregon
    automatic
    140,000 huge miles
    Maroon
    Limited model with leather/sunroofs/upgraded OEM stereo
    Exterior in good condidtion. Some small dings and a few scratches.
    Interior in good condition. Some scratches and a few minor blemishes.
    Tires getting near the end of their life.
    Maintenance is all up to date and mechanically in good shape, although the check engine light comes on occasionally... needs a new catalytic converter. Okay, that's kind of major.
    Prior damage included minor work to the rear quarter panel and a new bumper cover and rear hatch.
  • bluerose1bluerose1 Member Posts: 1
    I have been tracking several internet price guides for a few months. Today I checked KBB and the trade-in was $2,000 less than it was three days ago. Does anyone have any insite on this one? I was just getting ready to trade it in, but now...

    I would also like to know what I can expect to get if I trade this in at a dealer.

    Here is the price tracking & vehicle information:

    TRADE IN / PP / RETAIL

    2-May
    Edmunds- $8,263 /$9,703 / $11,235
    Kelley Blue Book-$6,050 /$7,930 / $10,730
    NADA- $9,225 /na / $11,650
    Black Book- $7,510 /na / $9,525

    17-Jul
    Edmunds- $7,904 /$9,262 / $10,692
    Kelley Blue Book- $5,510 /$7,460 / $10,315
    NADA- $9,050 /na / $11,375

    3-Aug
    Edmunds- $7,789 /$9,128 / $10,549
    Kelley Blue Book- $5,235 /$7,310 / $10,315
    NADA- $9,050 /na / $11,375
    Cars Direct- $6,850 /na / na

    24-Aug
    Edmunds- $7,831 /$9,190 / $10,646
    Kelley Blue Book- $5,250 /$7,355 / $10,405
    NADA- $9,000 /na / $11,300
    Cars Direct- $6,823 /na / na

    27-Aug
    Edmunds- $7,831 /$9,190 / $10,646
    Kelley Blue Book- $3,140 /$5,875 / $9,495
    NADA- $9,000 /na / $11,300
    Cars Direct- $6,823 /na / na



    Location: Terre Haute, IN (47803)
    Year/Make/Model: 2002 Jeep Liberty Sport
    Body Style: SUV
    Engine: [3.7 liter, 6 cylinder, auto]
    Driveline: 4WD
    Mileage: 115,000 (mostly highway)
    Color: [black/black]
    Major Options: All power options
    Condition:
    Good condition
    exterior - a few rock chips and dings on hood
    interior - will be in nice shape after cleaning
    Tires - 6 months old
    Other: New engine with 4k :lemon:
  • british_roverbritish_rover Member Posts: 8,502
    Basicly KBB finaly caught up with the real world market. Inexpensive SUVs are taking a huge beating right now.
  • volvomaxvolvomax Member Posts: 5,238
    Well, given the work it needs its probably a $2000 car.
  • ghuletghulet Member Posts: 2,564
    2000 Pontiac Grand Am SE 4-door 3.4 V6 automatic
    2nd owner (college female), gray/blue with gray cloth
    alloys, PW/L, aftermarket CD, no spoiler (yay), cold AC
    89400 miles, decent matching tires, clean CarFax, runs great, needs rotors desperately, body has a few scratches, nicks (no dents), hood a bit rashy and cracked headlight
  • steine13steine13 Member Posts: 2,825
    Well, given the work it needs its probably a $2000 car.

    For $2, I'll take three of 'em.
    $3,500 at the auction just about anywhere north of Mason-Dixon.

    Subarus bring insane money, and finding one under $5 is a chore. A new cat conv should be $400 installed, max.

    -Mathias
    (who's pretty much given up on Subies because of the above)
  • british_roverbritish_rover Member Posts: 8,502
    To give a true real world example of this...

    The demo I am currently driving is a 2001 Subaru Forrester with an auto tranny and 125,000 miles on it.

    The dealership owns it for 5,000 dollars.

    That completly blows my mind.
  • volvomaxvolvomax Member Posts: 5,238
    Subarus bring insane money

    Well, they don't here.

    By the time you get this car sorted out, you'll own it for over $3000
    I don't like lumpy cars as a rule, you always find alot more wrong with them than you figured.
  • volvomaxvolvomax Member Posts: 5,238
    Also probably a $2000 car.
    $3-3500 if it was nice.
  • kapbotkapbot Member Posts: 113
    Terry doesn't seem to be around anymore, but I was given $9500 for the truck as a trade for a Saturn Ion. That is more than half of the price I paid for the truck, but I am sure that the "no haggle" policy influenced the offer a little. I told them that I would not trade the truck unless they were going to use it to discount the price of the new car. Anyway, Terry asked for an update so here it is.
    P.S. The Ion isn't nearly as bad as ALL the reviews of it have stated.
    Thanks.
  • hokieshokies Member Posts: 1
    Looking to get a realistic trade-in and/or private party value on my van. Thanks!

    Location: [city/state or nearest metropolitan area] Blacksburg, VA
    Year/Make/Model: 1999 Ford Windstar SEL
    Body Style: [2dr/4dr/wagon] 4 dr van
    Engine: [3.5 liter, 4/6 cylinder, auto/manual] 3.8L
    Driveline: [FWD/RWD/AWD/4WD] FWD
    Mileage: 57,000
    Color: [exterior/interior] Light blue (silver on bottom)with Grey Leather
    Major Options: [alloys, sun roof, etc.] traction control, airbags, alarm
    Condition: Great - car has been garaged 90% of the the time
    Details of interior and exterior, including dings, scratches etc. One small ding, very few small scratches, maybe one stain on the carpet
    Tires - new or % worn: 15% worn
    Brakes - good condition
    Maintenance - all scheduled maintenance done on time or ahead of schedule
    Other: Indicate prior damage/insurance claims, repaints, etc.: no damage or repaints
  • lemmerlemmer Member Posts: 2,689
    Welll...the guy is in Oregon, not AZ, so I think the Steinemaster has hit the nail on the head with this one.
  • uncleduuncledu Member Posts: 1
    Hi. Anyone out there who can help me determine a reasonable trade-in and private party value for my Volvo?

    2005 XC90 AWD, 2.5 Turbo
    9K Miles
    Silver Metallic Exterior; Charcoal Gray Interior
    Premium Package (Sunroof, Leather, etc.)
    Versatility Package (7 passenger seating)
    Six CD changer
    Park Assist
    Excellent condition inside & out. No accidents
    Seattle/Tacoma metro area

    Thanks for your help!
  • erics6erics6 Member Posts: 684
    Looks like $6500 trade for the 2000... with a new Outback at $22,200... about $500 under invoice + $2k cash + the 0.0% 2yr financing for one of the remaining 06's. Seems like a decent deal.
  • jims63139jims63139 Member Posts: 31
    I have a 2004 Jeep Grand Cherokee 4X4 (never been off-road)with about 49K in very good condition, no accidents, no dents/scratches, interior very clean, never smoked in dark purplish brown color, fog lights and 10 disc changer second owner but service histiry is available, could use a set of tires soon, that we are trying to trade on something easier on gas.
    Knowing (at least i'm pretty sure in the assumption) that cars we are trying to trade for that the dealer has at most KBB fair to good condition $$ in, what is a reasonable trade for the Jeep and what is a reasonable profit for the dealer.
    For example, we were trying to trade on a 2003 Altima 2.5S, light brown, 2 owner, clean car with some dings, scratches on bumper, new tires, alloys, ABS, SAB that was a two owner with the first owner being Hertz, no service history available that has 68K. Started out that we would owe them $800 and we walked after them offering to give $500 back. I don't think that was much of a deal considering that the KBB (excellent condition) value for the Altima is only $9000. So, please give me a reality check,
    Thanks! Jim in Memphis
  • thenebeanthenebean Member Posts: 1,124
    i hope terry is ok...i don't think he's ever been on this long a hiatus before...
  • qbrozenqbrozen Member Posts: 33,733
    I think he's following Bill's footsteps. He'll come back in a month and tell us how he's been in Europe buying up all the vauxhalls he could find.

    '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

  • volvomaxvolvomax Member Posts: 5,238
    $28-29000 trade in.

    $32-33,000 Private.
  • robr2robr2 Member Posts: 8,805
    I really hope this isn't Terry:

    http://www.consumeraffairs.com/news04/2006/08/fl_car_dealer.html

    He was in Florida. This guy's last name is Terry. His first & middle name is Robert Ray and terry's screen name was rroyce. This article coincides with Terry's disappearance.

    It may just be a conspiracy theory but there are too many coincidences IMHO.
  • jbolltjbollt Member Posts: 736
    the article states "...He (Robert Ray Terry Jr.) was arrested in March 2004..."

    Terry has been here since then.

    From his profile:

    User: rroyce10
    Email: private
    Member since: April 13, 2001
    Last login on: August 29, 2006

    His last post was in June, 2006, however.

    This doesn't prove anything...just additional info I have provided. I certainly hope it isn't OUR Terry. Couldn't be!
  • akanglakangl Member Posts: 3,282
    IIRC Terry's last name is Royce. I highly doubt that's Terry, he's too much of an upstanding guy for that.
  • robr2robr2 Member Posts: 8,805
    the article states "...He (Robert Ray Terry Jr.) was arrested in March 2004..."

    But he wasn't sentenced until August 2006.

    I'd be very suprised as well. From his postings, Terry seems to be an upstanding guy.
  • jbolltjbollt Member Posts: 736
    But he wasn't sentenced until August 2006

    Yes, true, and noted, but also note the rroyce10 has logged into Edmunds (Car space?) as recently as Aug 29.

    I also agree that Terry has been a very upstanding guy here on the Forms...

    To explain his absence here, I'm thinking that he just got burned out..he was VERY active here, provided quie a service for us lay(persons)

    I would love for rroye10 to stop by and at least set the record staight.
  • thenebeanthenebean Member Posts: 1,124
    i would too, just so we know he's ok! :)
  • bretfrazbretfraz Member Posts: 2,021
    hmmm..... I always thought our "Terry" was this guy:

    http://www.bizjournals.com/orlando/stories/2003/03/10/focus2.html
  • kyfdxkyfdx Moderator Posts: 265,440
    It makes you wonder how he ever found the time.. :surprise:

    I'm glad he did, though.. :D

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  • robr2robr2 Member Posts: 8,805
    Yes, true, and noted, but also note the rroyce10 has logged into Edmunds (Car space?) as recently as Aug 29.

    Someone logged into his account - it may have not been him.

    I'm not saying that it's him, it's just so coincidental.
  • woodywwwoodyww Member Posts: 1,806
    I think it would've been classy for Terry to just put a post here on why he was absenting himself--he's too busy, or whatever, wish all you people luck, yada yada. Usually "just disappearing" doesn't......well it's just not a good policy in most situations with friends, acquaintences, etc. IMO.

    I have my own theory about Terry's disappearance..... It has to do with having One Pricing Guru per forum...... an old member of the board (in the biz) re-appeared after a few years, & a couple of months later, Terry left.

    Maybe it's just a coincidence, & my theory is all wrong. But I think Terry should have had "his own" forum, Officially, however edmunds could do that........
  • graphicguygraphicguy Member Posts: 14,120
    Don't buy it. Terry is/was one of the most respected members of the Endmund's community and a great help to a great many of us. He took hours out of his week just to look up and advise (probably the most accurate advice you could get for the value of a used car). He did all of us favors.

    He helped me in a difficult situation when my son was having some car issues by personally e-mailing me information and taking time out of his day to do so.

    Anybody with that type of mentality and class doesn't "cheat".

    When he left, he was getting brow beat by yet another one of the posters who "knew everything" about the car business although he'd never worked in it. I think Terry just got tired of it.

    BTW....there's a lot of us (including me) who've been around here a lot longer than April of 2001. That's just the date when Edmunds started keeping such stats.
    2024 Kia EV6 GT-Line AWD Long Range
  • british_roverbritish_rover Member Posts: 8,502
    Yeah I am surprised Terry stayed as long as he did when certain posters were contantly telling him he didn't know what he was talking about.

    Basicly they were telling everyone that he posted here just to make more people buy into the idea of a low tradein value so that dealers can make more money off of people. He had some wacky conspiracy theories about the car business.
  • zodiac2004zodiac2004 Member Posts: 458
    Isn't Terry's first name Richard.
  • Kirstie_HKirstie_H Administrator Posts: 11,242
    That's definitely not Terry who's been arrested. He knows how to get here if he wants to, and how to make his e-mail public if he wants to be contacted... and he quite possibly does not want his full name made public in the Forums.

    Let's try to get back to trade-in values, pleeeeeeez?.

    MODERATOR /ADMINISTRATOR
    Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
    2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
    Review your vehicle

  • jims63139jims63139 Member Posts: 31
    REPOST:
    In Memphis, I have a 2004 Jeep Grand Cherokee 4X4 (never been off-road) with about 49K in very good condition, no accidents, no dents/scratches, interior very clean, never smoked in, dark purplish brown color exterior, charcoal cloth inside; fog lights and 10 disc changer. Second owner but service history is available and could use a set of tires soon. We are trying to trade on something easier on gas.
    Knowing (at least i'm pretty sure in the assumption) that cars we are trying to trade for that the dealer has at most KBB fair to good condition $$ in, what is a reasonable trade for the Jeep and what is a reasonable profit for the dealer.
    For example, we were trying to trade on a 2003 Altima 2.5S, light brown, 2 owner, clean car with some dings, scratches on bumper, new tires, alloys, ABS, SAB that atarted life as a Hertz rental, no service history available. CAr has 68K miles. Started out that we would owe them $800 and we walked after them offering to give $500 back. I don't think that was much of a deal considering that the KBB (excellent condition) value for the Altima is only $9000. So, please give me a reality check. Any help/opinions will be appreciated.
    Thanks! Jim in Memphis
  • robr2robr2 Member Posts: 8,805
    When he left, he was getting brow beat by yet another one of the posters who "knew everything" about the car business although he'd never worked in it. I think Terry just got tired of it.

    Where was he getting brow beaten? I must've missed that.
  • british_roverbritish_rover Member Posts: 8,502
    In basicly any thread having to do with car buying besides this one.

    So the buyers tip board and purchasing strats.
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