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Real-World Trade-In Values

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Comments

  • lelandclelandc Member Posts: 26
    Bill and Terry,

    You ever see any 2001 Toyota Echos run through the auctions? What kind of money are they bringing right now? Probably an automatic...

    Leland
  • ficklehamfickleham Member Posts: 1
    Just traded in the car listed below. Anyone care to guess what I received? Note: I traded in the car to a Ford dealership and ordered a new Focus on A-plan.

    1992 Mercury Topaz GS 4 dr, auto, air, pw, pl, cruise control, 86k. Blue. Excellent condition inside and out, with some minor rust on the inside of the doors. Everything in good working order, no repairs forecast for the next 20k miles or so. Definitely in great shape considering the age and miles.

    Any guesses? I am located in northeast Ohio, zip code 44223.

    Rob
  • rickpctrickpct Member Posts: 71
    I would like to know what method KBB uses to come up with trade in values. I entered my car's info - and used the "rate it" feature to determine car's condition - the car I want to trade in has a non-working AC. However, if you specify working or non-working AC the trade in value is the same! I wonder why they even ask the question if it doesn't impact the trade in value the system calculates.....
  • raybearraybear Member Posts: 1,795
    Their numbers are usually way off. Post the info here and ask our local experts.
  • godeacsgodeacs Member Posts: 481
    Getting ready to trade in my car (97 Volvo). Unfortunately, a week ago someone backed into my left rear side panel (below gas cap). Estimate to repair is $360. Should I pay to get fixed or take the trade from a dealer "as is" and let them fix it before selling? Dealer has recommended "as is"....
  • im_brentwoodim_brentwood Member Posts: 4,883
    I agree... I'd say to trade it as is.

    As far as KBB goes... I have no idea where they get their #s from... but it is not from reality.

    They'll put a # on a car that's a solid $1,000-1,500++ higher than what the car MIGHT do at an auction.

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Figure... $9Kish or so for a 2-door.. $10Kish for a 4-door...

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Gee... DO I wanna be the bad guy here?

    I hate to say it but probably a $500 car or so...

    Bill
  • godeacsgodeacs Member Posts: 481
    kinda thought so....appreciate the confirmation.
  • igmatasigmatas Member Posts: 2
    KBB says my trade-in is around $17k. Most dealers have been higer. It has ABS, CD-changer (premium sound) and Electronic Climate Control.

    What is the fair market value for trade-in?

    Thanks.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... It's that time of the year , and there is alot of Villagers going through the auctions from the rental car co's --- you dont show the miles, so lets figure it's clean with 20K and needs ..-0-.. You are in and around a $16,000 figure ...(real money)

    Terry.
  • bulkleycorpbulkleycorp Member Posts: 21
    Raybear - thanks. I'll post my car info.

    Also, see you live down the road from me in Norwalk, CT - I'm in Farifeld.. Here's my trade in:

    Car: 1991 Volvo 740 Wagon, non-turbo
    Mileage: 125K
    Feature: Leather (driver seat shows wear, other seat leather is in excellent condition), CD, Sun roof
    Body: Good-Very Good -> 1 minor dent in front 1/4 panel.
    Have all service records - done by Volvo dealer - all major maintenance done on time (50K, 60K, 90K, 100K)
    Everything works - except Air Conditioning -- needs compressor and hose ~ $1K to fix. (includes R134A conversion).
    Engine - fine burns no oil, suspension and front end - tight (replaced all bushings in front so steering is as tight as a new car.)

    Any idea on a trade in appreciated - I suspect $2-2.5K. KBB shows $3.5K trade in.

    Thx in advance. Rick
  • ghuletghulet Member Posts: 2,564
    96 LS 4x4 4 door, black, gray cloth
    cold air, decent tires, factory CD, the usual power stuff, 4.3 automatic, totally inoccuous (there are three black Jimmys and Blazers on our block alone). 82k miles, not perfect (ABS light on, power seat inop, fog lights inop, never had a rear license plate light, couple of scrapes, dullish paint), but mechanically well maintained and definitely presentable.

    I know he's gonna get sacked if he trades this, I'm thinking $9k-ish in the paper? He wants a van and also to know how upside down he is. Thanx for any numbers you can throw out!
  • rroyce10rroyce10 Member Posts: 9,332
    ........ Ok, lets take a look here ... it's got 82K, no help there. it's a LS, not a LT , no help there --- it's a 4X4, big help there and it's black ( wont hurt it a bit) .. 4dr is a plus, but a blinking ABS light and a "no can do" power seat is killing him.

    So based on what you are telling us -- I'm thinkin' in and around a $4,500 ish figure .. and that is a "big maybe" more towards $4 -- Recommend to your brother that he shop around , for the seat to be fixed and the ABS to be checked out ( could just be a switch, Blazers are known for that ) -- if he can do this work for let's say $500 or so with a great detail, and make it look like a Diamond, update the service records. etc. He could probably do a great Ad in the Chi Tribune paper and maybe get $6/$7,000 ... hey, can't hurt ... in another month or so 4x4's are going to be in demand in your area --- and the folks that live there -- well, they already know that ... l...o...l...

    Good luck and let me know ..

    Terry.
  • gajeepgajeep Member Posts: 4
    1999 Jeep Grand Cherokee Laredo 2 wheel drive; Taupe Frost coloring w/greyish cloth interior; 62k highway miles; excellent mechanical and physical condition; have maintenance records to show routine maintenance; new Michelins.

    I'm thinking of selling or trading it, but if the value's too low, I'll just keep it myself. What should I expect as a realistic value for this truck, should I decide to sell it ? Thanks in advance.
  • im_brentwoodim_brentwood Member Posts: 4,883
    Hmm..

    By your username I assume you're in Georgia.

    Good. 2WD Jeep=Terrible in the snow belt.

    Hmm... Taupe Frost, that's like that Champagney color, right?

    OK, if its' clean, nonsomoker, no paintwork.. The 62K miles hurt it.. I think its' worth about $11,500 or so on trade. Maybe to $12K if its' totally perfect.. but seeing as how I'm buying 35K mile ones in the mid $14s...

    As far as retail goes.. I bet if you put it in the paper with a well-written "5-liner" as Terry says, it ought to be worth $14,900 or so.

    Hope this helps!

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Hmm..

    OK, records, clean..etc... But hot air.

    I'd say somewhere around $2,000-2,200 is where I'd hit it. On a retail level I sell a lot of older 740s. If I was you I'd wait till November...Then lack of AC wont kill it as much. If it has a bad compressor.. well, be glad you are not trying to trade it in in Miami!

    Bill
  • ddeliseddelise Member Posts: 353
    This car is Green with tan cloth interior. Has only 28K miles. This car is coming off lease, and I am seeing if it is worth buying. Can I get trade in and private purchase price?

    Car is in Excellent Condition, and is in Washington, DC.

    TIA - Damon
  • bulkleycorpbulkleycorp Member Posts: 21
    Thanks for the info. About what I thought I could get. And yes, glad I'm not in Florida - would never sell the damn thing!
  • qwallsqwalls Member Posts: 406
    Hey Guys. This is a three parter. :-) The location is Columbus, OH.

    As you may recall, I've been looking at '99 Acura RLs. When I was getting tires on my wife's car this weekend, I walked across the street to the Lexus dealer. They had a couple '98 LS400s that were very nice. I'm not thrilled about the big hump in the back for the driveshaft, which makes it basically a four passenger car, but it was very nice. They were asking mid $30's. What are clean 98's going for at the auctions?

    My Dad just bought a new car, and has offered me his winter car to replace my winter car. I know mine isn't worth anything in trade, but what's it worth retail? Also, what is my Dad's car worth? Here are the details:

    My car - champaign, '91 Honda Accord LX, burgandy interior, 208k miles, runs great, no rust, service records, Yokohama tires at 50%, cold air, new muffler, brakes/rotors, timing belt, water pump, alloy wheels, paint work on front clip, but a good match, keyless entry/alarm system/remote start/remote trunk release, AM/FM/Cassette/CD changer, good condition in and out. Everyone comments on how clean it is for its age.

    My Dad's car - dark green, '93 Honda Accord SE, cream interior, 95k miles, runs great, no rust, service records, Firestone tires at 75%, cold air, new timing belt, water pump, alloy wheels, paint work on front clip (hit by a deer), but a good match, keyless entry/alarm system/remote trunk release, AM/FM/cassette, good condition in and out except for worn leather on driver's seat.

    Thanks guys.

    Quentin
  • cityscapex5cityscapex5 Member Posts: 14
    Ive had my 2000 4Runner 4WD up for sale for over a month - its priced less than KBB or Edmunds and if i do a search in yahoo classifieds it is well below other comparable ads. It is well equipped V6, Sunroof, SR5 - mint condition with all records in the most popular color so there is no reason why it shouldnt be selling but there doesnt seem to be any buyers out there - with the economy in the toilet how is this affecting the used car market??
  • im_brentwoodim_brentwood Member Posts: 4,883
    Methinks like.. $11,500-12K Wholesale for a real clean Automatic at wholesale.. So figure $14,000-14,500 retail...

    Hope this helps!

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Hmm...

    Nice 98 LSs? $28-30K with low miles here in FL.. Color very depending tho...

    I just saw a beautiful Black 98 with 32K miles do $28K. Black Onyx/Ivory, Heated Seats, roof, CD.

    OK.. Your car? $1,750 is where it hits me..... The Papamobile sounds like a $3,500-4K car to me...

    Hopethis helps!

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Sales are strong here in Florida...

    Where do you have it advertised? Online alone is not such a great idea...

    Try the paper.. Autotrader...etc...

    Bill
  • qwallsqwalls Member Posts: 406
    Was that retail on mine, and wholesale on my Dad's Honda, or retail on both?

    Thanks,
    Quentin
  • rroyce10rroyce10 Member Posts: 9,332
    .... Used sales have been strong all over from Fl to NY ... what's your mileage and how is the condition ..? ... Oh yeah, what are you asking for this little puppy ..?

    Terry.
  • cityscapex5cityscapex5 Member Posts: 14
    it is a Desert Dune Metallic SR5 4WD, Automatic, Sunroof, Running Boards, Roof Rack, All Power - pretty much everything except leather. Only 15K miles - Mint Condition and only 14 months old - i have been advertising it for 25,400 in the San Francisco Bay Area under Yahoo Classifieds. But no takers.
  • im_brentwoodim_brentwood Member Posts: 4,883
    That be wholesale...

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Put it in the paper, Autotrader, Recycler, etc...

    Bill
  • nittany1978nittany1978 Member Posts: 4
    Anyone have an idea what is a fair asking price to sell this vehicle. Specs are as follows:
    mileage - 108k , quadratrac 4 wheel drive, color - sandlewood, am/fm/tape, power doors, seats, locks, keyless entry/anti-theft, fog lights and skid package. Vehicle is in good mechanical shape, well maintained, maintenace records available. Also, do you think that offering to have the vehicle inspected at my cost prior to closing on a sell is a good marketing tool.
  • sonjaabsonjaab Member Posts: 1,057
    sYRACUSE NY 01 4 runner 4x4 sr5,
    v6, auto,air, power,cass cd
    Brand new 31k msrp...buy for $26,010
    plus tax and tag................
  • cityscapex5cityscapex5 Member Posts: 14
    MSRP on mine was closer to $34K - nevertheless, anybody want to venture what it should go for?
  • rroyce10rroyce10 Member Posts: 9,332
    ...... It's a very popular color, and it has low miles, V6, etc. -- and of course it's got all the options, the slider being a big one.

    Toyota's, even with a ton of miles have great re-sale -- at all the East Coast auctions you would be looking at - in and around a $23,000ish figure (real money) if it has no dings or parking lot kisses and it's stayed clear of the french fry invasion ..

    $25,400 is a more than fair asking price on this side of the Mississippi. But, I'm not that familiar with the SF area. Try expanding your AD to a 5 liner

    2000 Toyota SR5 4 runner V6.
    bought new in 99, loaded, sunroof
    running boards and Rack,all factory
    options, only 15K,factory warranty,
    must see, must sell $24,989

    Well, you kinda get the idea ..

    Good luck ..

    Terry.
  • slemke7slemke7 Member Posts: 6
    Sorry about the missing information. The Passat is just a plain old 1.8T 4 cylinder.
  • rroyce10rroyce10 Member Posts: 9,332
    .... If this vehicle is super clean and nice ...ya know, looks and drives like a 99..
    a good "asking" price would be around in and around $3,999 --- that's if it's detailed, knee deep in rubber, and it "stands tall" and of course, having all those service records is a -life saver- and should put a little more jingle in your pocket...

    Terry.
  • mickman1mickman1 Member Posts: 2
    What would the trade-in value be for a 1996 volvo wagon with turbo. Color is black and it is loaded with every conceivable option- sunroof, leather, premium sound, 3rd row seat, etc. I live in philadelphia suburbs and car is in nice condition-a few minor scratches but nothing major. Thanks in advance...
  • misterjohnnymisterjohnny Member Posts: 41
    I'm trying to figure out what a car will be worth 10 years from now. Trying to calculate the trade off of buying a 25k car versus a 20k car assuming I hang onto it for 10 years. What I need are sources for MSRP on cars built in 1991 or 1992. Does anyone know where that is available online?
  • ghuletghulet Member Posts: 2,564
    just go through and pick some random 91-92 cars.
    If you go to their 'Decision Guide' (left side, toward bottom) then to 'compare side-by-side', you can get the original MSRP and, I think, the average used wholesale/retail. A better measure of used values is to see what people are actually asking and getting for their cars; sources like Edmunds or KBB tend to be a bit optimistic, IMHO.

    In any case, I think it's pretty difficult to predict with much certainty what's going to be a hot used car in ten years. Yeah, people will still be buying Accords, Camrys and Civics, but some of the other cars tend to be more 'fashion dictated' (just as VWs are hot right now, seven years ago you couldn't get rid of one, same with Audis).
  • dave210dave210 Member Posts: 242
    What would be a fair trade for a Satin Silver 2001 4DR Honda Civic EX with automatic and side air bags? It also has only 4k miles. The body is perfect and so is the interior.

    My son is thinking about trading it in, and maybe buying himself a Wrangler or the new CR-V. I'm also interested though in the 2002 Civics with the better ride, but it is his decision, not mine. Anyway, what would be a reasonable offer in trade from both a non-Honda dealer and a regular Honda dealer?
  • rb701rb701 Member Posts: 3
    What can I realistically expect to receive for a trade in on a 2001 chevy Tracker LT, 8000 miles, leather seats, LT interior, ABS, Alloy Wheels, etc. The original MSRP was $22,880 and kbb says $17,030.
  • rroyce10rroyce10 Member Posts: 9,332
    ...... As a rule, a dealer will put strong money in a vehicle like this, whether it's a Ford dealer or a Suburu dealer (or they should) ... or they can always call someone for a "buy" figure in their area.

    A Silver Civic EX, with close to no miles ... and in perfect shape, should do in and around $18,000+ ..

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .... Sounds like a nice vehicle, and they are very popular in Philly -- what's the miles ..?

    Terry.
  • smwls8smwls8 Member Posts: 103
    How much for a 95 Honda Accord, gold, hand-shaker, EX, sunroof, 44K miles(sweet)?

    Thanks

    Sam
  • misterjohnnymisterjohnny Member Posts: 41
    80,000 miles, 4 door LS version (no leather or CD), 4WD, Los Angeles area. What would be a fair trade in and what should I be insulted at?
  • rbrenton88rbrenton88 Member Posts: 186
    Are you located near Philly?
  • dave210dave210 Member Posts: 242
    So are you saying I could actually get $18,000 + on a TRADE IN on my son's 6 month-old 4DR Satin Silver 2001 Honda Civic EX with side air bags?

    When we bought the car, we got the price down from the $18,400 MSRP to $16,500 plus tax, freight, license fee, etc. That meant the final out the door price was about $18,100 including everything.

    So even though we bought the car for $18,100 total, I could trade it in and only have lost 100 dollars from the purchase 6 months ago? It's sounds great, but too good to be true. Any follow up would be great!
  • tgif888tgif888 Member Posts: 351
    Hi,

    A friend of mine want to trade an Acura 2002 TL-S, splash guards, and wheel locks with 8000 miles for a MDX. Can you tell me the trade-in value? He is in S. Cal.

    Thanks
  • akanglakangl Member Posts: 3,282
    I was just offered $13,500 for my 01 Jetta GLS 1.8T 5-speed, cold weather pkg, and 17,000 miles. Its in ok shape, one dent (about the size of an orange) and a couple scratches, other than that its shiney and still smells new. Is this fair for my car? I know I have asked before but we are getting ready to trade it off for something that is cheap. The guy told me that Nada trade in value was $17,500 and loan value was $15,500, but he had to hit it $2,000 back of loan because its a Jetta. Think I could sell it on my own for $15,000?
  • mbwhitleymbwhitley Member Posts: 32
    The pickup I ordered in September will be arriving later this month. I've started looking at trade in and retail values for my '93 Bravada. I have seen KBB questioned in these forums as being too high, but looking at USAA (my insurer), KBB, Edmund's, and PC Car Book (from Chrome Data at my credit union), the retail value ranges from $4000 to over $8000. All for 107,000 miles (high, but not outrageous in rural Texas), clean not excellent condition.

    The average is $6600, with KBB at the bottom at $3900-$4000, and my insurer up around $8000. It's a 4 door, 200 HP 4.3 liter engine, leather, tow package, AWD with traction control, etc. The paint is green metal flake and slightly faded. The color is still strong, but there's no gloss to it. It has no mechanical faults, new AC compressor and good tire tread left.

    Whose numbers do I believe here?

    Mike
  • mickman1mickman1 Member Posts: 2
    Sorry- I forgot the miles! Millage is around 82,000. Here's the rest...

    What would the trade-in value be for a 1996 volvo wagon with turbo. Color is black and it is loaded with every conceivable option- sunroof, leather, premium sound, 3rd row seat, etc. I live in philadelphia suburbs and car is in nice condition-a few minor scratches but nothing major. Thanks.
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