Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
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Head gasket leaks are never "slight".
Left unfixed thay always get worse.
Maybe someone would pay you $1000 for it, but that is probably all.
Indianapolis, Indiana
2004 X5
3.0 liter, AT
AWD
25000 miles
white ext, tan leather with dark wood trim
premium, cold weather and rear climate pkgs, park distance control, moonroof (no xenons or Nav)
1 or 2 parking lot dings, drivers front bumper airbrushed after scrape in parking lot incident. Paint intact and shiny. Interior needs cleaned - to be detailed - no french fry invasions. Seats hovered in.
tires have 25k miles - michelins
maintenance - all bmw factory + mobil one each 5k miles or 6 months
What is a realistic trade?
It's paid for. Should I keep it and get an extended warranty (checking on pricing now) or get something new?
I did test a audi Q7 V6 - very heavy vehicle - not my cup of tea.
Mark
-thene
You might also ask for opinions on some of the X5 & 5 series boards (both edmunds, & others).....
just my 2 cents, woody
79k
Silver -gray guts leather
factory dvd
brand new rubber
both front and back bumpers messed up, front has a good scuff and rear a small crack
non smoking, but maybe a french fry or two, intend on getting a full detail before sale.
no mechanical problems just a typical mommy mobile
in New Orleans area ( no flood)
looking for private sale and trade in on new Suburban
However, trade on the X5 should be in the $31k neighborhood.
Trade in should be @ $9000, less any recon.
There simply isn't any real objective data.
In most cases, you should be able to sell a car privately for $2-4000 more than trade depending on the car.
In the Honda's case, prob closer to 2 than 4.
We were offered $500 for a car that we later privately sold for $1500.
Some times dealers just don't want to hassle with wholesaling out an older car that they can't put on their used car lot.
Please respond to jfallon@edmunds.com no later than April 25, 2007 with your daytime contact information and a brief description of your purchase and your trade-in, if you had one.
note: I didn't include the link. I am certain you are all familiar with "upside-down"
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
1999 prowler, red, 600 miles.
asking 45k, paid 60k.
why the hell doesn't the owner drive the darned thing??
'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
I had no idea those things sold for that kind of money when they were new. They weren't worth a hell of a lot then, and they're worth a lot less now. . .I think.
I'd certainly be interested in hearing what this thing sells for. . .and who paid it.
2007/Jetta/Wolfsburg Ed.
Automatic/ spoiler
3900 miles
Grey
good condition no dings or scratches
Thinking about a trade-in for the passat b/c of new incentives on the car.
Thanks for your help.
Once a car is a few years old, it's all in the condition. And the books never change the value enough for mileage.
Car dealers and wholesalers HATE high mileage to a degree that continues to surprise me.
-Mathias
Year/Make/Model: 2000/Mercedes/ML-320
Body Style: 4DR SUV
Engine: 6 cyl, Auto
Driveline: 4WD
Mileage: 71,100
Color: Silver/Gray interior
Major Options: Navigator, 6 disc CD changer in back, Towing package, Power Sunroof
Condition: Good accoring to the description on KBB and what the dealers have told me
Tires - new...about 3 years old with tons of tread left
Brakes- replace those and the rotors about 2 months ago
Just got all new spark plugs/plug coils
Maintenance-have been good about getting it serviced
Other: No previous accidents or issues. Some scratches to the bumper in the front, 3 little rock 'dings' to the windshield, small part of the front seat upholstery is cracked. Everything else looks new.
2004 Acura TSX manual w/o nav
47,200 miles
color: carbon silver
some scratches on rear bumper
chip in front windsheild
new front tires
newer breaks
no insurance claims
I want to trade the car in at BMW. They're telling me, without knowing the condition, that they use Galves Book and that it says it's worth $15,800. That seems low to me. What's the real value, and how to I negotiate this with them?
THanks,
High mileage cars are just alot harder to sell, and so are worth less than people think.
Sometimes they guess close and sometimes they don't.
Don't know what kind of car you have, but if you are within a couple grand of Kelly, thats close enough for Gov't work.
It's eight years old -- to a car dealer, anyway. How could a book tell you or anyone what it's worth??? I'm surprised it's as close as you say.
Here are some auction results, sorted by miles; I threw out the "above" and "below" cars and only left the one in "Avg" average condition:
04/13/07 DALLAS Regular $10,800 63,178 Avg SILVER 6G A Yes
04/12/07 DFW Regular $11,300 68,659 Avg BLUE 6G A Yes
04/12/07 FRDKBURG Lease $10,000 68,676 Avg WHITE 6G A Yes
03/28/07 NEWBRGH Regular $10,600 69,611 Avg Silver 6G A Yes
03/22/07 CHICAGO Regular $10,500 73,213 Avg BLACK 6G A Yes
It's amazing to me how close together these cars are, btw. This gives you an idea what the dealer should pay you IF he sells it from his own lot. If he doesn't, but takes it to auction, he has to pay for transport ($200), auction fee ($250), reconditioning, if any, and he wants to have some bolster, too, just in case the auction is a little slow that day.
By offering you $10,500, he's giving you all the money for your ML.. must be a nice one.
Where KBB gets their numbers is a mystery to me.
-Mathias
No way the car will bring $12500 in real money.
Well, ok. But you-all penalize for high mileage, and really appreciate cars with tiny miles.
There is a misconception that car dealers "make" used-car prices. They are the ones that decide what to pay at the auction, that's true of course.
But it's based on the dealer's experience of what they can sell the car for, in other words, what the customers are willing to pay.
And since the customers are almost all rank amateurs, it's no surprise that some of the values don't make a lot of sense.
-Mathias
Judging by Manheim, I'd say $15,500-16000.
Based on past experience in the market.
Customers don't like hi mile cars, and because there are usually plenty of low mile cars available, they won't pay close to the same money.
At least, that's been my experience selling a few low-mileage "cream-puffs": dealers wouldn't offer any more than wholesale, & then I sold them thru newspaper ads for.....probably 30% more than the highest dealer offer, & it took somewhere between a day & 2 weeks.
The dealers really wouldn't even acknowledge that my, or my ex's, cars had low miles, or were any more desirable. But the newspaper-ad buyers went nuts.
Just my 2 cents, woody
2004 Acura TL (automatic)
30500 miles
Black/beige
Navigation
Condition: Exterior in good condition. No major dings or scratches. Some paint swirling.
Interior overall in good condition but there is a 3 inch scratch in leather on front passenger seat.
Tires are due for replacement. Wondering whether it makes sense to replace pre-appraisal or take the hit on appraisal.
Original breaks
Well maintained. All scheduled maintenance plus additional oil changes
No insurance claims
Thanks
2001 Chevy Silverado LS 1500
X-cab
4x4
4.8 V-8
Auto.
19k miles
Alloy wheels...80% tires left ...spare never down
All the power goodies..
Pewter with charcoal cloth
autotrac, posi, trailer hitch, bedliner
NOT a scratch or ding outside or in, Still smells new!
Located in central IN garage..........
Extended cab w/ 3rd door
4.3 V6
RWD, auto
88800 miles
Red ext, Charcoal cloth Interior
Alloys, CD
some bumper scuffs, glossy paint, a few scratches
2 good, 2 bad tires
new brakes, a/c broken, dash lights out
3000 mi oil chgs since new. Never been hit.
S. Fla.
1st silver over dark gray with advanced tech pkg and wheels from m45 sport. Appears very good shape. CPO
2nd white over tan with tech pkg. Very good shape. no cpo.
Thanks,
Mark
2004 Volvo S60 R AWD
Silver
Black Leather Interior
6spd Manual
39,215 miles
All available volvo options, including Bluetooth Cellular upgrade from the dealer
Volvo Certified 6years/100,000 miles.
Philly Metro Area
Dealer sticker in the windows says 27,995 which I know is WAY to high for that car, but the manager said if he was seriously interested they would cut him a deal. What would be a good offer for it?
Thanks!
Alex
2000/GMC/Savana 1500
8 passenger full-size van
5.7 litre V8 4 speed auto
RWD
113,000 miles
Maroon paint
SLE package,towing package,pwr windows,locks,cruise,tilt wheel,front A/C only
Exterior shows lots of scratches,and dents,but little if any rust.Interior shows stains,and wear,and smells of smoke.
Tires are okay in front,but studded snows in the rear,and th studs are worn down really far,probably need 4 new tires.
Brakes allegedly changed within the last 1000 miles in the rear,and 15k miles ago in the front.
Full maintinence records from dealer
No accidents
Thanks!
If its just some run of the mill car, no you are proably not going to see more money just because of low miles.
If its a luxury or specialty car, yes you will.
Tires don't cost that much,so you aren't likely to see an increase in the trade value for new tires.
The leather scratch is a problem though.
this is a case where you are better off selling thte truck privately.
Even w/ the low miles a dealer will probably only give you $11-13000 tops for the truck.
However CPO cars, esp an R cost some money to recon and warranty.
So, the dealer is probably thinking mid $20's.
Say $23-25,000.
23,500 is right where I was thinking for that car. In my mind at 23,5 that car is a steal for what you get. I'll let you know if my dad ends up pulling the trigger...it'd make us a virtually all volvo family again.
Alex
I'm in Houston, Texas. It's a blue 2000 Ford Taurus SE 4 door, grey interior, 102,500 miles. I think really the only option on it is Alloy wheels.
The interior is in perfect condition except for needing a good upholstery cleaning. The exterior paint is in great condition, but there are some door dings and the one biggie - a fender is damaged and needs to be replaced.
The tires are pretty new - less than a year old. The brakes were replaced about 15,000 miles ago, but I think they did a crap job because they feel like they need replacing again.
The maintenance was well kept up. The only major repair it needed was a new alternator (6 months ago). It just seems like it's needing a new $100 repair every two weeks.
It has the Taurus radio defect. The windshield wiper clear pump smokes when you try to use it. The engine light keeps coming on and off along with a smell of burning rubber and white smoke from the engine.
Am I the only one that thinks that $2,000 was an incredibly generous price for this car?
Thanks!
Now, I will step back and let the pros respond...
Looks like the were fleet leases of some sort.
So, when you look at that, it looks like you got the right money.
Now, a dealer would probably have given you a grand, because of the cars condition.
Personally, I think the guys at Carfax stepped on their you-know-what.