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Real-World Trade-In Values

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Comments

  • cccompsoncccompson Member Posts: 2,382
    gbrozen is right - this is a car that should bring better money fast if offered privately.

    I'm looking for something like this for my son right now and, damn, it's like "Mission Impossible."
  • volvomaxvolvomax Member Posts: 5,238
    Good guess!
    Wholesale is between $3500-4000.
  • BeamerManBeamerMan Member Posts: 64
    Hey volvo-max, Could you give me an updated Manheim value on my Z4 again for East Coast(Maryland). It is a 2004 3.0 liter with 15k, no dings, garaged kept under full warrenty and maintenance until August 2008. 6 spd with dual leather power seats and BMW "Onstar". Thanks very much, Wayne.
  • volvomaxvolvomax Member Posts: 5,238
    Currently, @ $23,000
  • drivdriv Member Posts: 3
    Ok, my lease is coming to an end and I'm trying to decide whether to buy, sell privately, or just turn it back in to the dealer. Thus, I'm looking for the current trade-in value of my car.

    Here are all of the pertinent details.

    Location: Shreveport, LA (71111) -- also, info for Los Angeles, CA would be appreciated.

    Vehcile: '04 Toyota RAV4 "L"

    Body Style: 4dr (5dr with rear?)

    Engine: 4cyl, Auto

    Driveline: 2wd, FWD

    Mileage: 19,500

    Color: Ext - Black; Int - Gray

    Major Options: Leather, Auto Sun/Moon, Alloy wheels

    Condition: Good (no major scratches or dings on the exterior, no rust -- interior is great, no stains, scuffs, marks or anything); Tires still have good tread on them (original tires, been rotated & balanced every 5000 miles); Brakes are good, still original; All mainetnance has been performed, with records.

    Let me know if you need anything else. Oh, and FYI, the lease residual is (off the top of my head) somewhere around $12,500

    Thanks!
  • agbiggsagbiggs Member Posts: 19
    I'm looking to trade in the following vehicle:
    2000 Audi A6 Quattro (4.2), pretty much all options (eg, 17" wheeels, xenon lights, heated seats, CD changer, etc.)
    89k
    Silver/black interior
    Good condition overall; a few paint nicks on the bumpers but no damage to paint; interior is fine.
    New tires
    Bought certified pre-owned, so no hesitation re maintenance
    Washigton DC area

    Edmunds' TMV is $9,600; blue book for good condition is $13.4k (!). Does anyone have an idea what I can realistically expect? Thanks!
  • volvomaxvolvomax Member Posts: 5,238
    wholesale value is somewhere around $14,000.
  • volvomaxvolvomax Member Posts: 5,238
    Wholesale is @ $9,000.
  • luvcarzrichluvcarzrich Member Posts: 36
    Request for volvomax:

    2004 Lexus ES330
    74k miles (I know!)
    No dents, scrathces, etc inside/outside
    Multidisc CD
    Premium Wheels
    Roof
    In NJ

    Thanks!
  • volvomaxvolvomax Member Posts: 5,238
    Yipe, thats alot of miles!
    Wholesale around $15,000.
  • agbiggsagbiggs Member Posts: 19
    Thanks! I figured around there, so hopefully I won't be disappointed.

    Andrew
  • woodywwwoodyww Member Posts: 1,806
    Just from my occasional perusal of used 4runners FS, it doesn't sound like that incredible of a price (I could be wrong). My gut feeling says, I'd probably pass on a former rental & keep looking for a one or 2 owner/driver vehicle. People will sometimes do crazy things to or in a strange car in a strange city, if only due to stress & unfamiliarity.....

    And when you go to sell it at some point, it will have the "former rental" history attached: I can't believe that will help the resale value.
  • jwatsjwats Member Posts: 72
    I am thinking about this infiniti to use as a winter car in Minnesota
    Mileage is 102,000 black color--comes complete, leather, heated seats, etc--

    I think I can buy it for about 4500 or less

    two questions

    1. Should I worry about corrosion with a 10 yr old car in Minnesota, can this be seen accurately in an inspection>

    2. what is a good price for this car>? my guess is that the 5 speed cuts the potential market to about 3 people, me being one!

    thanks
    John
  • cccompsoncccompson Member Posts: 2,382
    Yes, you should worry about corrosion. I was astonished find it big time on my son's '95 Maxima brake backing plates when I was doing some repairs a year ago here in Ohio. That car is a virtual twin to the one you have under consideration.

    A good quality inspection will tell you all you need to know.

    There are highly desirable vehicles - I wish I could find one like you're describing in reasonably good shape for $4500. The stick doesn't really hurt it's value IMHO.
  • chloe_6chloe_6 Member Posts: 10
    Would like to get out of this SUV as soon as possible but not desperate. Was offered $23 for trade-in but wanted to do some more research. Getting a wide range of numbers so I need some help. Edmunds TMV Trade-In of $20,373. KBB Trade-In (Good Cond) $25,765.

    Dallas/Fort Worth (Texas)
    2006 Toyota 4Runner SR5
    4dr SUV
    Auto V6
    2WD
    8800 miles
    Black Exterior/Tan Cloth Interior
    17" Alloy wheels/Power Seat (8-way driver and 4-way passenger)/double decker storage/cruise/audio jack/leather wrapped shifter and steering wheel/Rear spoiler/Daytime Running Lights/Roof Rack/Auto-dimming rear view mirror/alarm
    Overall "good" condition (no stains, scuffs, dings, tires consistent for mileage)
    No prior damage

    I appreciate the help!
    :confuse:
  • timetobuy1timetobuy1 Member Posts: 23
    I've read that it's better to wait to discuss the trade-in value until after you've agreed on the price of the car you're buying. Is this true, or does it matter at all?
    Thanks!
  • robr2robr2 Member Posts: 8,805
    IMHO, all that matters is the difference. You should determine what the fair market value is for the new car and the used car. Then do the math and aim for the difference price.

    I think negotiating two transactions when the final goal is the difference price is a waste of time.

    YMMV.
  • volvomaxvolvomax Member Posts: 5,238
    $23,000 is way strong!
    I would have said that $22,000 was all the money.
  • dhoffdhoff Member Posts: 282
    We are trading in our van..

    Madison, Wisconsin
    1999 Nissan Quest SE 4 dr minivan
    158,000 miles (!)
    Silver with gray cloth
    It has standard equiment for the SE plus a CD changer & trailer hitch

    Has a few very minor scratches, no dents or accidents.
    Tires are about 50%
    Good brakes

    Thanks!

    Dave
  • corvettecorvette Member Posts: 11,272
    My aunt and uncle replaced almost the same exact van with another Quest. Book value on it is about $2,000. In my area, you could probably get twice that much if you sell it yourself.
  • malueymaluey Member Posts: 4
    if you don't mind volvomax or anyone who's knowledgeable, what's trade-in value for this vehicle:

    location: riverside, CA 92504

    2003 toyota corolla CE (4dr sedan)

    miles: only 26,000
    color: gold
    automatic FWD with power locks...
    little ding/scratch on rear fender
    otherwise, great condition in & out

    thanks!
  • volvomaxvolvomax Member Posts: 5,238
    wholesale between $9-10,000
  • 3ms3ms Member Posts: 14
    Hi! Thanks in advance for any info you can give me. Our van has lots of miles (115,000) so I know it won't be much. We're in the Louisville, KY area. It has 2nd row captain's chairs, AM/FM/Cassette/CD player, rear air, dual side sliding doors, overhead console (yes, I'm grasping now... :blush:).

    We just put new tires on the front, new brakes in the rear and overhauled the transmission (belt broke). MIL did back up into my parked van and damage was under $1000 (paid by her ins. co.) to fix the bumper and get the dents out of the tailgate.

    I'm probably going to have to pay someone to take this van off my hands so any value as a trade-in would be great!

    Thanks!
  • newdavidqnewdavidq Member Posts: 146
    Sorry I can't help with trade in info on your 4runner, but would appreciate knowing why you want to get rid of it (only of course if its because of issues with the truck) as I am thinking of buying one (4wd).
    Thanks, DQ
  • chloe_6chloe_6 Member Posts: 10
    I've had no issues with the 4Runner at all. I had one as a rental for 2 months once before and loved it. So when my 2004 Nissan Pathfinder was totaled in an accident back in October, I had to make a quick decision and went with another SUV - probably out of fear that someone would plow into me again. I was just thinking about going back to a car for multiple reasons unrelated to any quality/issues with the 4Runner. If I had to pick which one I like better - the Pathfinder or 4Runner - it would be the 4Runner hands down. Hope this helps!
  • sammyramssammyrams Member Posts: 1
    Thanks in advance for any information. What do you think a fair trade in value would be?

    Chicago area
    2004 VW Jetta GLS 1.8T 4 dr.
    5 speed automatic Tiptronic trans
    black cloth interior
    44,200 miles
    Monsoon sound system, power moon roof, alloy wheels, seat heaters, power locks, power mirrors
    Tires at wear bars, brakes still have a lot of meat, all maintanace done, never been in an accident or had any major repairs, car is in very good condition and is very clean in and out.
  • newdavidqnewdavidq Member Posts: 146
    It does help since I was also considering the Nissan. Will contine my research; thanks, DQ
  • jenlainjenlain Member Posts: 1
    Appreciate any help you can provide. I was hoping to trade my '02 S2000 in on an '07 Infiniti G35. The dealer offered $14,700. This is pretty low by any standard and I would like to know what is realistic.

    Zip Code 49085 (Southwestern Michigan)
    2002 Honda S2000
    Red w/black leather interior
    6-speed manual
    32,500 miles
    Excellent condition - newer tires, paint is perfect, no accidents, all service records
    Options: 6 disc change, rear spoiler
  • dhoffdhoff Member Posts: 282
    Thanks corvette. That's exactly what we ended up getting for it, after an initial offer of 1K. KBB & Edmunds said $3,000, but what do they know? :-)

    Enjoying our new Sienna...

    Dave
  • div2div2 Member Posts: 2,580
    I need trade and retail on these two cars; no great hurry!

    In Louisville:
    2006 Dodge Charger SRT-8
    4dr
    6.1 liter V8, five speed slushbox(yuk!)
    RWD
    1900.00 miles(yes, less than 2K miles)
    Silver/Black
    All options except rear DVD and Navigation
    Excellent condition, clean Carfax.

    In Cincinnati:
    2004 BMW 330i ZHP
    4dr
    3.0 liter inline six, six speed manual
    RWD(as God and Munich intended)
    30872
    Imola Red/Black Alcantara Cloth
    ZHP Performance Package(10 more hp and more aggressive suspension tuning than Sport Package, Alcantara upholstery, M-Sport body kit, Multi-function M-Sport steering wheel), Premium Package, Cold Weather Package, Xenon Lights, Harman-Kardon Premium Sound
    Excellent overall condition. @1" scuff on LF wheel rim.
    Tires and brakes @20% worn
    Clean Carfax, one owner, BMW New Car and Certified Pre-Owned 6yr 100K mile) warranties in effect.

    Thanks!
  • volvomaxvolvomax Member Posts: 5,238
    Lots of miles, wholsale between $12-13000.
  • volvomaxvolvomax Member Posts: 5,238
    Actually, what you were offered isn't bad considering your geographic location and the time of year.
    If your car was in So-Cal it would be worth @ $16,000 wholesale.
  • volvomaxvolvomax Member Posts: 5,238
    $33-34000 on the Dodge.

    $25-27000 on the bimmer.
  • div2div2 Member Posts: 2,580
    Thanks, volvomax. I assume these are trade in values?
  • volvomaxvolvomax Member Posts: 5,238
    Yes
  • gooddeal2gooddeal2 Member Posts: 750
    Hello, just wonder what I would get for this sweet car:

    2005/Infiniti/G35 Coupe
    Premium package: Bose, Sunroof...and a bunch of other stuffs
    Mileage: 16800
    Color: Diamond graphite/ Graphite interior
    Location: PA

    Minor accident with a deer: replace bumper, hood, headlight and thee driver's airbag

    Tires and brakes 50% left.

    Thanks.
  • tdomatdoma Member Posts: 48
    I am trying to get an idea of what the trade in value & retail for an M35X with:
    12K miles
    Premium package (pretty all the options available, except rear spolier & euro body) XM
    Located in the ATL (Atlanta, GA)
    Black with tan interior
    Chromed 18" OEM wheels
    The car is in excellent (showroom) condition.
  • volvomaxvolvomax Member Posts: 5,238
    Well, alot depends on the quality of the work and whether or not the Carfax is bad.
    An unmolested G35 wholesales for $25-26,000

    If the repair was so-so and if the Carfax has an accident warning it could drop to $20,000 easy.
  • volvomaxvolvomax Member Posts: 5,238
    Wholesale @ $35-36000
  • gooddeal2gooddeal2 Member Posts: 750
    So if the repair is good and no carfax, i should be looking at 23-24k?
    Thanks.
    Mike
  • volvomaxvolvomax Member Posts: 5,238
    Yeah, if there is no Carfax and the repair is perfect.
  • gooddeal2gooddeal2 Member Posts: 750
    thank volvomax.
  • manarakimanaraki Member Posts: 40
    Same as everyone else, I'm looking for real world trade-in value. What I have:

    2006 V-6 Mustang Premium 2 DR Coupe

    Auto

    Pony Pkg
    PW, PL, Air, Front and Side Airbags, Leather,Premium Wheels, Spoiler, Multi CD/MP3, Cruise, Power Driver Seat.

    Mileage: 3978

    Condition: Excellent. Not a scratch or ding. Always garaged.

    Thank you in advance for all the help.
  • volvomaxvolvomax Member Posts: 5,238
    wholesale range between $14500-15500.
  • manarakimanaraki Member Posts: 40
    I was actually looking for what I would expect to get from a dealer if I was to trade it in.

    Though I must say I am surprised by 14,500-15,500 on a car that has 4000 miles on it and is only 8 months old. This car cost me over 21,000.
  • cccompsoncccompson Member Posts: 2,382
    You should bear a couple of things in mind.

    1) Anyone can now buy the same '07 new for about what you paid for the '06.

    2) A dealer taking your car in trade is going to mark it up for resale. How much can he expect to get given #1?

    Having some experience in this area myself, I can tell you that you can lose alot of money trading almost new cars.
  • will42will42 Member Posts: 21
    Hi, I'm looking to trade a 2006 Acura TL. It's white with tan interior, auto, base model with no navigation. It has 3,000 miles, no accidents, no scratches, and a 3M clear bra. I live in the far northwest suburbs of Chicago. What should I expect? Thanks
  • manarakimanaraki Member Posts: 40
    That makes sense and I did already factor that in. I guess my question which still hasn't been answered is what would a dealer give me for it. If the answer was the 14500-15500 I believe and know that I will get more than that. In my previous experiences with trading in vehicles, I have always received what KBB trade in value was if not a little more, and also received the vehicle I was buying at invoice. So, is there a price or is it the 14500-15500? Thanks
  • kyfdxkyfdx Moderator Posts: 265,441
    Wholesale value = Trade-in value

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

    Edmunds Moderator

  • british_roverbritish_rover Member Posts: 8,502
    Have you been buying mostly domestic vehicles for a while?

    If so then buying the domestic for "invoice" and getting KBB for your trade is probably overpaying a little bit. There might be a few thousand dollars worth of rebates on the new car which would be enough to overallow from real wholesale value up to the artifical KBB trade value and still leave a substantial profit for the dealer.
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