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You're so lucky if you really get at KBB for trade in. I traded in at least 6 cars in the past 8 years and most of the time I got a little below than KBB.
Buying at invoice depends on the type of cars. For some cars, dealer are very happy to move at or below invoice. So, the trade in value is kind of diff. to be exact when you trade/buy at the same time. just my 2 cents. :shades:
Thanx again for your feedback.
Exactly what I was thinking.
I would point out, however, that you don't necessarily have to give up rebates in this case. Most domestic dealers would be quite happy with invoice minus rebates and giving you KBB for your trade. Why? Because, IMO, they often sell BELOW invoice minus rebates and because they are more likely to keep the trade-in for their own lot.
'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
In general they operated the new car side of the sales department as a loss leader the whole time. There goal was to limit the blood flow enough that they would only lose a little bit of money. Hopefuly they limit it enough that by the time you add in the used car side the entire sales department makes a tiny profit before fixed overhead costs at least.
Once you add those fixed costs in they typically just broke even. So yeah I can see a lot of domestics being perfectly happy to sell at invoice minus all rebates plus KBB trade value for the old car.
wondering what I should look for as a trade-in value for my '99 Civic VP:
'99 Honda Civic VP (4 Dr Sedan)
Location: Philadelphia
-72k Miles
-Dark Green Exterior
-Sandstone Interior
-Tires - brand new Bridgestones
-Brakes- all done within the last 6 months
-Maintenace just done within last month - Oil change/Filter, lube checks, fluids done, belts/hoses, State Inspection/Emission
Condition:
Interior is in excellent condition, no stains, rips, spills, etc.
Exterior paint is good, but has door dings scattered on doors, one or two other dents that are "popable", ie not crease dents....
3 Major problems: Both Front and Rear plastic bumpers are cracked, Full cracks, not just hairlines...but not a complete break, but about a 1/4 way from an edge where the crack started into the bumper..
Hood has a small area of "pock-like" dents from a falling branch..non are crease dents, but dunno if they can be popped out because of the extra metal layer that is on the under side of the hood?
(thanks to people in the parking lots that hit and ran, in the cold winter, which immediately cracked)
from KBB and edmunds, I come up with about $3000-$3300 as a trade-in value for a "fair" condition VP?
Or should this be considered Poor because of the damage?
Would $1500-2000 be a fair trade-in to accept? or should I still think that's too low from a dealer??
thanks for any suggestions!!!!
In about 20 minutes, I'd guess.
Nice low miles for a '99.. Is it stick or automatic?
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ALot of times, dealers overallow on trades, they simply don't discount the new car that much.
American cars are the worst for trade in.
Even the Mustang isn't immune.
Trade in in the $2000 range.
You are probably better off trying to sell it privately.
Retail is much harder to peg, since you are at the mercy of the market, and competing with dealers.
In Denver,
2003 Odyssey EX-L (leather)
White with grey interior
57k miles
Honda Certified used car
They got it in on a trade, and it's been listed for sale since 10/17! I actually looked at it yesterday, so it is still there, and naturally, I got the impression they were fairly anxious to sell it. The current asking price is $16.9k.
Any thoughts on what they may have in it, and what a good price would be for it?
Thanks!
2024 Audi Q8 e-tron - 2017 911 C4S - 2025 BRZ - 2023 A6 Allroad - 2024 Genesis GV60 - 2019 Cayman
It's an automatic....
I too would think someone would want this car, great for someone looking for say a first car for a new driver, or even just as a commuter vehicle....
It has run perfect so far, not one engine/tranny problem as of course you'd expect with a honda! but it has been great...
Only thing with the VP is that it doesn't have power windows, VP only came with power locks, A/C, etc, but the ol' manual crank windows...
Not many cars out there today still using crank windows!
2003 Toyota Highlander
4cyl FWD
43,000 miles
Light blue with tan interior
Options: power seat, roof rack, tonneau cover
The tires are original and will need to be replaced soon. No body work has been done other than a small dent that Dent Wizard fixed. There are a few small scratches and chips on the exterior. The interior needs a major detail, but doesn't have any significant damage.
Thanks for the help.
Last Saturday I saw an '02 EX coupe at an Acura dealer. It had JUST been traded in. It had low miles (mid 40s), good tires, and a nice interior. It also had a destroyed rear bumper, a couple of dozen dents down the passenger side, and the right front fender needed to be replaced. My guess was that the dealer MAYBE had 7 in it.
Their asking price before it went to their bodyshop was (drumroll, please) $10,900.
Their projected asking price after it's fixed was $12,900.
As far as your car goes - put a sign in it and it will sell. If it doesn't, hit me up, I'm looking for a such a ride for my son.
Location: Central NJ
Car: 99 Maxima SE Limited Edition
V6 FWD Automatic
123,000 miles
Black with Black Leather
Options: sunroof, Bose, heated seats, side air bags, power seats
Condition: very good, recently detailed, spotless interior, exterior...rear bumper was repainted by a top notch shop, front left fender was replaced and comes up on carfax (not sure of the details, bought it used)
Drives well, runs great. Cold A/C. No mechanical issues. Tires are at 50% and breaks are 6 months old. Has been dealer serviced.
Thanks for all of your help!
Give him a little hope -- am I wrong, or isn't there some decent potential for a private party sale for at least twice that trade-in amount?
cheap beaters will always be a better private-party sale.
'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
2003 Nissan Sentra SE-R Spec V
6 sp Manual
Sunburst Yellow
74k miles
Cloth interior (not the ugly red, the black and silver)
Sunroof
Tires were just replaced this summer - about 5k miles on them
Brakes at about 70%
I've had to have the front re-done after slipping on ice and hitting a tree
Had the drivers side redone after some punk teenagers hit the drivers side door and fender on a hit and run. I've had both fixed...I would say decent fix quality just to be safe. Not the most outstanding, but not terrible. Invisible to the untrained eye.
One minor scuff on the rear bumper about the size of a quarter where the black plastic shows through the yellow paint.
Probably could use an alignment too...i've hit a few potholes
Thanks!
-Thene
Thanks for any info.
Location:Des Moines, Iowa
1996/Ford/Explorer XLT
Body Style: 4dr
Engine: 4.0 liter, 6 cylinder, auto
Driveline: 4WD
Mileage:173,000
Color: Red ext/Gray Leather int
Major Options: alloys, sun roof, power seats, 6 disc changer
Condition: Clean inside and out.
Tires: - 30% worn
Brakes: - 3 months
Maintenance: High level, engine compartment even clean, no leaks etc.
Trading a car like that isn't the best idea.
Private party is the way to go.
Trade in, its a $1000 lump.
Private party is the way to go.
By all means have it detailed.
I would probably ACV that about 500 bucks or less.
Maybe Iowa will get some good snow yet?
Definitely not worth it to trade it in if it is as nice as you say for 173K. Start by getting it really clean inside and out and throw a for sale sign in the window every where you drive it.
If you have a good snow and people can't get around easily, you might see someone wander towards $2500 strong money, so ask $2,900.
Like someone else said, a nice $1000 "lump" on trade often gets 2-3 times that easily on private sell with no real effort.
2013 Mustang GT, 2001 GMC Yukon Denali
Looking at the raw numbers, I think you are in the ballpark.
Of course, I don't know what he owns the vette for and what he wants to make on it.
Unless you are in the south or the southwest, this isn't a good time to sell a vette, so the dealer may not want to keep the car around for 3 months. On the other hand, Camry Solara's aren't high demand merchandise either.
Sounds like you should be able to make a deal if you both give a little.
2013 Mustang GT, 2001 GMC Yukon Denali
Thanks a lot for your help.
2006 Honda Accord EX-L, V6, with Navigation
Location: Macon GA
4 Door
Automatic
4000 Miles
white exterior with saddle leather interior
Power Sun roof with wind deflector, dual heat/ac controls, heated front seats, power seats and windows, 6 disc CD, XM radio, voice activated navigation system, remote door lock/unlock
Excellent condition inside and out
-2002 Nissan Maxima GLE
-94,000 miles
-Silver ext / tan leather interior
-CD changer, Bose, spoiler, sunroof, power/memory seats, HID
-New tires, headlights, struts
-Good condition; interior spotless, some dings and scratches on exterior - 1 "above avg"
-No wrecks, claims, etc
-2nd owner
KBB has "average" condition trade-in at $8k. Lot of used Maxima's for sale.
Looking to buy new G35 or FX35 (still in decision process)
Thanks!
2003 Nissan Sentra SE-R Spec V
6 sp Manual
Sunburst Yellow
74k miles
Cloth interior (not the ugly red, the black and silver)
Sunroof
Tires were just replaced this summer - about 5k miles on them
Brakes at about 70%
I've had to have the front re-done after slipping on ice and hitting a tree
Had the drivers side redone after some punk teenagers hit the drivers side door and fender on a hit and run. I've had both fixed...I would say decent fix quality just to be safe. Not the most outstanding, but not terrible. Invisible to the untrained eye.
One minor scuff on the rear bumper about the size of a quarter where the black plastic shows through the yellow paint.
Probably could use an alignment too...i've hit a few potholes
Thanks!
-Thene
What would be a good price from a private party?
thanks
John
http://www.autotrader.com/fyc/vdp.jsp?car_id=215284948&dealer_id=67097&car_year=- 2005&model=FOREST&num_records=25&make2=&start_year=2003&keywordsfyc=__eA%2C%2C__- &keywordsrep=120&engine=&certified=&body_code=0&fuel=&search_type=both&distance=- 25&make=SUB&color=&min_price=&drive=&default_sort=yearASC&max_mileage=&style_fla- g=1&sort_type=yearASC&address=97203&advanced=y&end_year=2005&doors=&transmission- =Automatic&max_price=&cardist=8
This happends all the time when people are trying to purchase a year or 2 years old car especially for cars like toyota, nissan, and honda.
Will likely trade in a 1999 TL with about 95,000 on it. As expected, this car isn't perfect and too make matters worse it is dark green.
Thanks for the help.
NAV usually adds about $500 to the trade-in value. So I guess maybe $600-$700 on the retail price.
'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
Figuring what you should pay for an 04 is harder, but off the cuff I would say low to mid $20's.
auto
no navi
silver
not a scratch on it
~700 miles/only 1 1/2 months new
Midwest
Like to get a trade in value. No time to sell privately and we only pay the taxes on the difference.
Looked great when researching and playing with it during my vacation days this past holiday season. Now I'm back to my regular routine and it's just too small for my needs.
http://tinyurl.com/v7x77