Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
Options
Comments
Actually, I've found - at least for my Classic 900 - parts availability and prices are equal to or less than any domestic vehicle I've ever owned. For example, direct fit drop-in catalytic converters for $75 for the 900 - not too many cars, including domestics, offer one at that price. The Power Steering pump is a GM-Saginaw unit available anywhere for practically nothing, as is the steering rack. Maintenance cost is not an issue for me, as I perform all of the maintenance on the car.
If anything is the culprit with SAAB, it's SAAB corporate's blunders and GM's inability to understand the true SAAB buyer. It takes more to make, and/or to sell, a SAAB than having the ignition switch on the floor.
As far as I'm concerned, the real SAAB died when GM bought 51% of the company in 1990, and the remainder a decade later.
As risk-averse as I am towards Saabs, if it were time to find a car in that price range, I'd jump on it. Seriously, what else would you buy for $5500?
I'm not saying a dealer should pay more for it... just that it's a screaming buy for someone that knows a mechanic named Sven..
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Probably. Even tho I agree that Saabs "aren't real Saabs anymore", & don't have the character of the 900 & 9000. And the 9-5 has fairly awful repair ratings in CR.
Still, no worse than VW's say. (OK, that's not saying much).
My 9000 turbo also had lousy repair ratings in CR. But mine also had very low miles, like the OP's, & didn't cost me an insane amount for repairs, mainly replacement items, over 10 years. When I went to sell it, one Acura dlr. offered me "NOTHING". Zero. On trade. A Lexus dlr. offered me $4200 on trade.
I put an ad in the Boston Globe & sold it in 2 weeks for $6200, cash green US $$.....
Oh I agree, unfortunatly they have in their minds that the car is worth a lot more than $13k and they won't listen to reason. Me thinks they will be driving that car for a long long long time.
Portland, Oregon
2007 Honda Civic EX 2-door Coupe
Automatic transmission, no navigation system
7500 miles
Blue exterior/gray interior
Like new, no chips/stains/smells; dealer oil change records
thanks!
Kevin
Was given the lease purchase option by Wells F. for $19K, negotiated down from 23+K.
Wondering what the real trade value is on this car; dealer pooh-poohed it with his ragtag NADA book (I can't believe they still use these!) which showed 17K.
4dr Wagon
2.5 5cyl Turbo
AWD
Mileage: 38K
Color: Ash Gold
Options: Premium, Climate, Audio (4cd in-dash changer, 12 speaker/woofer), Xenon, Mud Floor Mats, Clear Bra, Headlamp protective covers, Volvo Bike Racks (2)
Tires: Nokian WR, 3 seasons winter only use, 40%? Would give Pirelli Scorpions set (no wheels) with car, 30% wear.
Brakes and other maintenance all good
Excellent exterior condition save for crack in plastic bumper, quoted $500 to replace from Volvo dealer
THANK YOU!
Light blue/silver (slate green metallic).
no accidents, but the usual assortment of nicks and dings that vans seem to attract. Interior shows normal wear, but cleans up OK. Looks and runs fine.
34,000 miles. Just had new tires put on it. Recent service, nothing else required now.
In southern NJ. (just outside Phila.)
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
If you want to buy out the lease and keep it, $19000 is a fair price,but that is not what the car would trade for.
Dealer is offering $13k, they are looking at a new 08 Forester.
If I understand, they might be "losing" what--$6K on a $20K when-new vehicle they've put 45K miles on in 2 years? I'm too lazy to do the math, but I doubt they could even lease one for that, putting on all those miles.
What's the price on the new 08 Forester?
5spd manual trans
Excellent condition! A 10!
But has hi mileage 83.7k miles ( pretty much 90% hwy)
Atlantic Blue Ext., Black Int.
Tires almost new, brakes new, all services performed.
I'm located in Central, MA 01749
Looking to trade in on a pickup truck, but wondering if I should privately sell because of the miles? Or will it be easier to trade it in....
You will probably get hit under $10 grand, maybe @ $8000
17650 miles
Premium Plus package
Navigation package
Heated Seats and Rain sensing wipers
18inch 5 spoke alloy wheels
Excellent condition
Bellevue WA, 98004
Tx
I am trading my 03 Nissan Maxima for another car. According to KBB and Nada it is worht more than what we have been offered for trade. But according to the dealer KBB is not very accurate with high mileage vehicles. I tend to agree after experimenting with the mileage number. My car has 100k miles on it. If I change the mileage to 200k miles the value only drops by about 1K. If I increase to 300k another 1k. That doesn't seem realistic.
The dealer has offered me $7800, which I feel is good considering I have been trying to sell for 2 months now at $8700. But he is making up for it with a 9.5% interest rate.
Any thoughts?
The problem is, when you go to sell it or trade, most everyone will try to beat you down because of the carfax, even if the damage wasn't that bad. (How bad was it, can you get the body shop repair records)?
Unless you keep it so long that it's only worth a few $$thou. (Which might not take that long, if gas prices went to $5 or $6.......).....
It's the only 2005 Tundra they have in stock, and the one listed on the "Preowned Specials" page.
Rick Hendrick Toyota Internet Specials
They had huge rebates on the '07's a month or so ago, not sure if they're still out there or not but you could get a brand new crew-max 4x4 in the $26,000 range. Makes a $24,000 truck with 60k miles look like a bum deal.
'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
2002 VW Passat GLS 1.8t 5-spd
112k miles
options: heated leather, monsoon sound, power moonroof, alloys
good condition, no accident history or damage
KBB and Edmunds are showing right around $6k, which is what I asked for at two dealers earlier this week. Replies were for $3800 and $4300, respectively. One actually tried to tell me that he was close to my request b/c the $2000 he came down off MSRP on his car plus the $3800 for my trade equaled $5800, which is "how trade in is actually calculated." :confuse:
Anyway, what do you all think? I have purchased several cars in the past, but never with a trade-in that I still owed money on, so I'm looking for a little advice.
thanks,
TF
Best advice I can offer is this: because your Passat is worth so little, drive it into the ground rather than roll negative equity into another loan.
2001 BMW 330ci convertible.
Automatic, all loaded up with the usual goodies.
SIlver, gray leather.
68K.
They are asking $16,995.
assuming it is clean s the board of health and not hits/runs/errors, what is a reasonable price for this puppy?
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Just for reference, I've seen 2006 Miatas for the same price.
I'd take a 5 year younger Miata over that Bimmer, unless you really need that tiny back seat.
I would be getting to use as my everyday car, not a toy.
I also did the Miata thing, and just don't fit, and my back issues haven't gotten any better.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Stickguy, do you REALLY want a convertible? I just can't see spending even $15k on a 7-year-old bimmer with nearly 70k miles. Seems like a big stretch to me.
'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'd be wary of a car like that... We lease an '05, and have about 10 months to go... No real problems, but convertibles really loosen up with time and mileage..
Plus, unless it's a stick with the Sport package, they aren't all that much fun..
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
As for the back seat, my family of 4 test-fitted a lot of these and the only one that's truly roomy is the Sebring. Too bad it drives the way it does.
Actually the PT Cruiser 'vert also has tons of rear leg room, but other than that I didn't see anything appealing about them.
I do want a convertible, although my wife won't particularly care!
I keep seeing 3 series wagons. I would love one of those. I was at the Honda dealer last night (taking our van in for service) and parked next to a guy that appeared to be cleaning out his trade. A 325it (silver over black). SHould have asked about it..
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
If the car was in Los Angeles, there might be another $500-700 there.
what the dealer was talking about w/ the $5800 is "trade allowance", which is how most stores present trades.
Add in recon,detail, pac, etc they are prob in the car @ $14000
2001 Nissan Pathfinder LE AWD, pretty loaded (leather, sunroof, etc) except no Nav
Dark Green, Black interior
Low milage (47K). Has been in front bumper fender bender but good repair and CarFAX is clean. Brakes/tires relatively new. Interior in Good condition, a few minimal door dings but pretty typical.
Only issue is that CD player (in dash 6 CD player) is jammed. Otherwise has been a great car.
I know that gas prices are going to hurt us on the trade (buying a Lexus RX400Hybrid).
What say the experts here? Thanks.
Mike
You have a lousy color combo,but good miles.
In most areas I think you'll get between $7-8,000
so i heard about this CPO deal volvo is running and was hoping you could answer a couple of questions for me.
First one: what is the rate across the board? I see 1.9% for 2 years, but is that it? Or are there longer terms with higher rates available?
Second: Is the V70 really not included in the program? If so, why? I mean, I would think maybe because it is more popular, yet the prices don't seem to indicate they are in any more demand than other models, especially considering the XC90 is included in the deal. I would think, of all the models, THAT would be the one to exclude.
Third: What would the trade-in value be for an '04 V70 2.5T with premium and climate packs with about 40k miles in NJ? How about a similar '05?
Thanks!
'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
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
'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
The car is in great condition...virtually brand new. No prior damange, repaints, etc.
Love the site. Thanks for the help!
Tom
You've already determined what's wisest, so do that. (I know it's never that easy!).
But if you have a good indie Volvo repair place nearby, or at least a dealer with a good service rep., I'd buy the nicest, newest car you can afford & still pay cash. Always having car payments seems like a never-ending treadmill to me......
Just my 2 cents.
The Sebring and the Mustang both have useable rear seats and can be bought for good prices. We went Mustang. I paid $15k for a 2000 GT vert with 37k on it back in 2003. The car would still fetch $11k - $12k today if it were still all stock. The key is that I don't drive it in the winter and the miles are still low. If you buy these things used and keep them in good shape, you would be amazed at how they hold their value. The introduction of the 2005 models also seemed to help the resale for those of us with 99 - 04 cars.
Again, with stangs, it is all about a clean car. Many of them are beaten hard, but a solid, clean one, will always fetch money.
1. Would I be better off fixing up some of the front bumper scrapes (not dents but ugly nonetheless). Will a $300 repair make me anymore money when trading...seems like a good idea if going private for sure.
2. Would I get less money a trade if buying a used car?
Thanks
I was going to sell a car a few years ago....cleaned it up a bit....liked it so much, I kept it for two more years.
I also think you will get a little more for a trade on a more expensive, new car.