Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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Your best bet is to try and sell it privately.
But, $21,900 sounds like way to much money for that car.
Miles are high. It's a wagon,which isn't easy to sell.
I think where the car is on ebay now is reasonable.
Personally, I'd find another car.
However, you probably need to re-think what you are asking for the car.
I can't believe that a 96 Sunfire is worth the same as a 96 Accord (per my son's friend's recent trade-in)...but I guess with this kind of age and mileage, resale doesn't much matter regardless of the make.
The problem is as most of you know that people want to negotiate every last dollar they can. Even If I list the car for $6000, someone will come along and say...I'll give you $5000 or $4800 for it.
Thanks again for your help.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
That's not a good comparison as there are so many other factors that could affect the trade-in amount. Things like did they pay way more up front, finance at a higher interest rate, bought all kinds of accessories that were marked way up, bought things like mop n glow, lo jack, VIN etching, ext. warranty marked up, etc.
True, there are other factors, but I merely was making an observation, as I'm not denying the Honda's worth $500 to dealers.
It's an old car, I'll tell her to sell it privately and try somewhere in the $1000's (?).
I have a buddy that buys wrecked accords with 150k+ miles, throws some parts at them, sprays them, and sells with a repaired title for $1500-$2,000. Don't cut yourself short just because a dealer isn't interested in that car. It's an easy private sale for a lot more than $1,000.
Thank for reply. I figured that was high. Kbb trade-in value is 15,200. Vehicle looks to be in exellent condition, with CPO for another 30,000 miles/2 years. Additionally, all routine maintenance is covered under BMW maintenance plan for the same period.
Previous auctions closed out at 15,300 and 16,400. Vehicle was just relisted again and is at 14,000.
Figured 15,200 (trade in value) + 500 (combined for CPO and maintenance plan) + 700 profit (obviously above and beyond profit they make on CPO/maintenance plan) = 16,400 tops.
http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&ih=007&sspagename=STRK%- 3AMEWA%3AIT&viewitem=&item=170158080756&rd=1
Cheers,
Randy
That is kind of what I thought, thanks for confirmation. Funny thing is, where I am (San Diego), same car trade-in value is $1200 more (everything here is more expensive), which is why I have been looking to e-bay for a good deal out of Texas or Southeast. One way tickets are relatively cheap and I could use the road trip as a break.
Cheers,
Randy
ABS (4-Wheel)
Air COnditioning
Alloy Wheels
AM/FM Stereo
Cassette
Cruise Control
Dual Front Air Bags
DUAL POWER SEATS
Front Side Air Bags
FWD
LEATHER
Moon Roof
Multi Compact Disc
Power Door Locks
Power Steering
Power Windows
Telescoping Wheel
Traction Control
Honda dealer in my town is asking $21,995. I live about 50 miles NE of Sacramento (CA). Do I have any wiggle room to negotiate with the dealer? Also, the dealer is offering a Honda/Acura extended warranty should I take it or go outside the dealer for this. Do you need more info?
This is my first venture with the Acura. I commute and am downsizing from an SUV to a sedan. I absolutely refuse to buy a new vehicle having been horribly burned in the past. I want something safe, gets decent mileage and has a good reputation. thanks!
(I was directed over here from the Acura TL forum - hope I'm in the right place!).
CPO on a bimmer is usually closer to $2000 than $500. Counting work to make the car eligible.
Plus, no bimmer dealer on the planet thinks $700 profit is reasonable.
I just don't think the car in question is worth the money being asked.
Regardless of how the figure is arrived at.
Location: Kansas City
2005 Ford F-150 FX4
Crew Cab(4dr) Short Bed
V8 5.4L
22,000 miles
Bright Red Clearcoat with black cloth interior (bench front seat)
Tow Package, Rear Sliding Window, Premium 6 CD/MP3, Deluxe Mirror Package, 18" Mach Cast Wheels, 3.73 Limited Slip Rear End. Spray-in Bed Liner (Line-X) is only non-factory option.
Very good condition. KBB puts me at $21,300 - $22,400 for trade. How realistic is this?
Thanks in advance for the opinions.
Either way, my cleaning lady isn't going to get much for her car by trading in, and unlike a Sunfire, at least she has a chance in making somewhat of a profit if she sells privately.
A car with this many miles and age is tough to determine, but possibly a $2-2.5K starting point wouldn't be too bad for her (and obviously can work down from there.)
Thanks for the input.
By all means go with a factory backed warranty.
Somewhere between $19-21,000.
Also, at least to me, saying "original owner" is better than "one owner." That latter phrase is a favorite (inaccurate though it may be) of curbstoners.
Thinking of trading or selling this car, can you give me an idea of reasonable trade-in and private sale values?
2000 VW Jetta GLS (2.0 4 cylinder engine--not the turbo)
170K miles
5spd manual transmission
All standard equipment plus luxury package--sunroof, 6 disc CD changer, alloy wheels
Black cloth interior
Heated seats (yep, CLOTH heated seats)
Condition is good, broken cup holder, glovebox handle but otherwise cleans up well, exterior paint in good shape.
Location: DC area
Thanks for the help
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
Location: Irvine, CA
Year/Make/Model:
2005 Infiniti G35
Body Style: 2dr
Engine: 3.5 liter, 6 cylinder, auto
Driveline: RWD
Mileage: 30,000
Color: Red/black
Major Options: alloy wheels, sunroof
Condition:
No visible scratches
Tires - new
Brakes
Great condition, no accidents in its history.
Reformatted to fit the posting standards.
What would be a reasonable trade in value? Auction Value?
Thanks,
that's an absolutely fantastic deal for a loaded up Limited 4wd in perfect, never touched up or resprayed silver paint!
'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
Location: Detroit, MI
Year: 2002
Make: Subaru
Model: Forester-L
Engine: 2.5L H4, Auto
Driveline: AWD
Milage: 110100
Color: Silver/Gray
Options: CD player
Condition: Excellent exterior (not even door dings) and spotless interior
Brakes: Replaced at 95000 miles
Tires: 7500miles old
Maintenance: Timing belt replaced at 105000miles
Thanks!
They told me they would give me $14,500, and one dealer wouldn't come up (even after a few conversations with manager) even though they knew I am pre-approved and am eligible for their manufacturer's special price plan on a new car, so the only thing they had to do to get the sale was give me close to what I wanted for mine, which was $15,500. I thought sure they would offer me something in the low $15,xxx range. KBB "good condition" for my car is over $15,700. My payoff is just over $16,500. Another dealer a week or so ago (same car manufacturer where I could get special pricing), replied to me after I gave them my payoff amount, if they gave me $15,900 for my car would I "buy their car today," but I did not buy their car that day because I was still comparing it to another make.
I wrote that experience off as just a case of a dealer needing a sale, especially since I already knew the price I would've gotten for the new car since it's special pricing. It's not like they could make it look like they were giving me more by taking less off the price of their car. Suggestions?
Of course that is just my guess as to what may have happened. I do know when they appraise a trade they run it by a bunch of their usual buyers.
FWIW, Paul
The reason I was beginning to wonder if dealers put the cars into an online system is because this is exactly the same thing that happened when I traded in my previous car (Jeep) -- two different dealerships (Honda and Subaru) owned by separate families came back with exactly $12,500, and I said no. But the next day, one of the dealerships agreed to give me like $13,200 so I bought the Subaru. My Jeep ended up at a local Jeep dealership for sale on their used car lot -- so it doesn't seem like it was sold to an auction and then re-bought by the local Jeep place. When you say buyer, do you mean any kind of a buyer -- dealership or auction?
I was hoping to buy the car from the dealership where I would want to take it for service, but that dealership didn't have any with the combination of options I wanted.
This it getting too complicated! :P
There aren't that many licensed wholesalers in any given market,so it is not unusual for 1 wholesaler to get called by several different dealers on a specific car.
Sometime, the dealer will call another dealer for a bid as well.
As for your case, it is probable that your car has a certain value in that market,regardless of what Kelley says, or what you want.
Just like you don't want to overpay for a car,neither do dealers.
It may be an interesting question, sort of, but what does it really matter? All you should care about is A. what your vehicle is worth, trade-in, & private party, & B. What kind of deal you're getting on the new car.
Right?
Location: White Plains, NY
Year/make/Model: 2003 Toyota Corolla S
Body Style: 4dr
Engine: 1.8 liter, 4 cylinder, manual
Driveline: FWD
Mileage: 45,000
Color: Silver/black
Major options: alloys, leather interior, power doors,windows
Condition:
Exterior - Some dings, small crack in the bottom of the front bumper
Interior - Cover of one of the storage areas does not close. Otherwise clean
Maintenance: Did not maintain record, but performed all maintenance
Tires: New
Other: No claims
Is it worth fixing anything before I trade in??
2007 Nissan Altima Hybrid Base
4 Door
Engine: 2.5 Liter Gas/Electric
Mileage: 2,500
Color: Interior: Black, Exterior: Pebble Beach
Only Option: Aluminum kickplates.
Condition: Just bought it brand new. In excellent condition. 3 weeks old.
Other: Basically still brand new.
What can I expect to get for this car?
Thanks
Location: Madison, WI
Year/Make/Model: 2006 SAAB 9-5 2.3T
Body Style: 4dr
Engine: turbocharged 4 cylinder, auto
Driveline: FWD
Mileage: 12,500
Color: black/gray leather
Major Options: sunroof, heated seats, alloy wheels, etc. all standard
Condition: Owned for one year. Great condition, no accidents in its history, synthetic oil changes every 5,000 miles.
Thanks!
A newspaper reporter wants to talk with Southern California residents who have comments and/or anecdotes about the area’s car culture. Please respond to jfallon@edmunds.com no later than Wednesday, November 7, 2007, and provide your daytime contact info and a few words about your first car.
'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 received a phone message the other night stating that they want me to bring in my car so their used car manager can take a look at it. :mad: I can see where this is going already!! The first time they looked at it, it was just the salesman and the sales manager, not the used car manager, if that really makes any difference.
Why should I even bother? I do not want to use my time to go over there and let them look at it, and they come back with $14,500. Or $14,800 or whatever. . . I have not been able to call him back yet. I like him as a salesperson, but I don't want to get caught up in a game.
No doubt they'll devote a whole issue just to Gen Xers!
tidester, host
SUVs and Smart Shopper
Trade in @ $8-8500