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Real-World Trade-In Values

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Comments

  • volvomaxvolvomax Member Posts: 5,238
    Well, you're a little in the hole.
    Car would prob trade in the $18-19,000 range.
    Considering how far you have to go in your lease, you aren't in a bad position.
    I doubt its gonna get much better for you, so you might consider trading.
  • cccompsoncccompson Member Posts: 2,382
    Yikes - low mileage 4Runners are just about impossible to find. You might try to sell this one first privately. It should bring at least 11.5K.
  • bg2000bg2000 Member Posts: 2
    Thanks for the input....
  • daileyaddaileyad Member Posts: 20
    Thanks for the info. Actually got the deal all sealed up today with a trade-in value of $10,300 for the Durango and $100 over invoice for a new RAV4. :)
  • volvomaxvolvomax Member Posts: 5,238
    IF thats ACV, thats a lot of money for that Durango.
    Good job.
  • jxbst15jxbst15 Member Posts: 21
    Hi,

    Looking to sell/trade/etc my wife's 2005 Jet Black Mini Cooper S with manual tranny.

    It's got 20k miles, has just about every option (Premium Pkg, Sport Pkg, Convenience Pkg, Cold Weather Pkg, Cockpit Chrono Package, MINI OEM alarm system, Chrome Line Exterior, Chrome Line Interior, Rear Fog Lamps, Harman-Kardon Sound System).

    The car has been garage maintained, has new run flats, and never been in any sort of accident or damage. It is still under BMW's full service maintenance warranty until 3 yrs/36k miles and limited warranty until 4 yrs/50k miles).

    All maintenance has been done at a certified MINI dealership, and there have been no aftermarket modifications.

    The only defect is 2 of the rims were scraped - to me they look minor but the dealership says it's a big deal to potential MINI buyers.

    Was offered 15k on trade, is that fair?
  • volvomaxvolvomax Member Posts: 5,238
    Well, avg auction is @ $16,000.
    So you may be a little light on the trade.
  • inukeu2inukeu2 Member Posts: 23
    Would like to know what to expect on trade. Thanks for your help!
    Omaha, NE
    2005 Volvo XC90
    5Dr SUV
    2.5T
    AWD
    40k
    Silver over Black
    3rd seat, moonroof, leather, 2 kids condition (boys), 50% tires, 50% brakes
    dealer maint.
    No damage 2 dings

    Thanks MAX!
  • woodywwwoodyww Member Posts: 1,806
    Where are you located? I'd be very interested at $15K-ish+, in Mass.

    Trading this low mileage Mini to a dealer......you could get much more Private Party, I'm guessing. The dealer's gonna mark it up, what, $5K, or more?

    Sounds to this amateur like a car screaming to be sold privately, with a few extra $$thou for your troubles.

    PS- 2 of the rims were scraped, boo hoo, means the car is so nice the dealer is "grasping at straws" to find anything to criticise.......
  • volvomaxvolvomax Member Posts: 5,238
    Well, in a major market that car would bring @ $20,000
  • sb55sb55 Member Posts: 657
    Go on Ebay and look for 2 good used rims.......

    2025 Toyota Crown Signia Hybrid, 2022 Ram 2500 Laramie 6.4 Hemi, 2007 Mazda MX-5 Miata PRHT

  • Karen_SKaren_S Member Posts: 5,092
    A reporter from a large daily newspaper who either just bought or traded-in their smaller vehicle (Nissan Versa, Toyota Yaris, Honda Fit, Toyota Corolla, etc.). If this is you, please respond to ctalati@edmunds.com with your daytime contact information no later than Friday, April 18, 2008.
  • longislander1longislander1 Member Posts: 112
    Those rims can be refinished for about $100 each, probably even less cost to the dealer if they do it after taking your car in trade.
  • qbrozenqbrozen Member Posts: 33,736
    hehe. I just bought a similar one last night. Gold over tan with seat heaters and with only 23k, though. Trade-in value in my area showed up as $20,575, so I paid $22k at a Honda dealer.

    With those miles and without bun warmers, I think you might be a bit lower than $20k .... but, then again, you are in Omaha. How that affects the value, I have no idea.

    '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

  • countrytinacountrytina Member Posts: 2
    Hi Guys,

    Looking at the following car:

    2001 325i BMW, fully loaded, sport package, excellent condition

    4 dr sedan
    6cy
    automatic 5
    73,000
    sports package, moon roof, leather seats
    clean title

    Thanks in advance and let me know if you need any addititonal info

    Tina
  • kaymarkaymar Member Posts: 3
    Belated thank you, volvomax, for your response - I really appreciate the help!
  • veloltvelolt Member Posts: 1
    Hi,

    Wondering what I could get for a 2003 Audi A4 Avant 3.0 Quattro with 57,000 in very good condition.

    Located in Alexandria, VA

    Every Option package is in this car with the exception of Navigation.

    Sports package and suspension
    Premium Package, incl sunroof
    Cold Weather Package
    Tiptronic 5 speed automatic trans
    New Brake Pads, tires, etc.

    Still has extended "bumper to bumper including emissions" warranty through 2010 or 100,000 miles.

    Never been in an accident, recently had front bumper and hood repainted due to nicks from rocks, etc.
  • oldfarmer50oldfarmer50 Member Posts: 24,194
    How much should I take off a car that Carfax lists as a rental vehicle that has been in an accident?

    Base PT Cruiser 2005. 26K miles dealer is asking about $8500.

    2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible

  • volvomaxvolvomax Member Posts: 5,238
    Avg trade, unmolested is @ $6500
    Figure a grand less if the accident was minor.
    Walk away if the Carfax shows frame.
  • stickguystickguy Member Posts: 53,330
    Neighbors car (so known history).

    1998 Altima GXE. White, AT. 80,000 miles.

    just serviced, so should need nothing. Good tires and brakes.

    Needs a detail, but never in an accident. Owners never had any problems with it. Drove fine around the block.

    Owner did smoke at one point, so there is some lingering odor that I would have to work on (my son, who the car is for, said it smelled like a rental!).

    Generally a nice older car with good mileage.

    Intended as the first car for a 17YO.

    They are looking for 3,000. What says the experts?

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • volvomaxvolvomax Member Posts: 5,238
    Price is fair.
    Get the interior shampooed.
  • culrichculrich Member Posts: 3
    I am looking to purchase a 2007 Hyundai Sonata. Could you please tell me what the wholesale value of a car with these features is:
    Kent, Wa near Seattle, WA
    2007 Hyundai Sonata
    4dr Sedan
    3.5/ 6 cylinder, automatic
    23,848
    Blue Exterior
    Gray Interior
    Major Options: alloys, sun roof, leather wrapped steering wheel, fog lamps, cruise control, tachometer, air conditioning, am/fm stereocd player, tilt steering wheel, cloth seats, power door locks
    Tires - original tires on 23,848 miles

    thank you!
  • volvomaxvolvomax Member Posts: 5,238
    GLS, SE or limited?">
  • culrichculrich Member Posts: 3
    GLS, I saw it at a dealership for $12,995, what do you think of this price?
  • clpurnellclpurnell Member Posts: 1,083
    Looking to Buy
    Twilight Blue
    Journey Pkg
    19k miles
    All std features (bluetooth, xenon, cd changer etc)
  • sharkfin1sharkfin1 Member Posts: 1
    Hey, I am looking at a Mustang at a dealer and am just wondering what a good but reasonable price would be, as I know their asking price is ridiculously high.

    2000 Ford Mustang
    86000 miles
    V6 Auto Coupe
    Red Exterior / Tan Interior
    Seems like all options - leather seats and wheel, ABS, traction control, cruise, etc.
    Condition seems very good now, though carfax reports an accident with moderate damage in 2000.
    Dealer asking 8000 in Minneapolis, MN area

    Thank You!
  • volvomaxvolvomax Member Posts: 5,238
    though carfax reports an accident with moderate damage in 2000.

    Just walk away.
  • volvomaxvolvomax Member Posts: 5,238
    GLS, I saw it at a dealership for $12,995, what do you think of this price?

    Considering that the avg auction price is $12,000, i'd say that is a good price.
  • buck0086buck0086 Member Posts: 52
    I'm looking to trade or sell privately:

    Minneapolis
    2001 Honda CRV SE
    4 Dr
    4 Cylinder Auto
    AWD
    128,000
    Dark Green
    Aftermarket Moonroof and Heated Seats
    Good Condition. Few dings. One Chip in Windshield
    Interior in Very Good Condition
    Tires 50% Worn
    Brakes Good
    Oil Changed Regularly, but needs tuneup

    Thanks for your help! :)
  • welokiweloki Member Posts: 1
    Hi,
    I bought a 2008 Toyota Corolla CE in Sept 2007. It has 12,000 miles on it but is like new. Given new life circumstances I need to sell or trade the car in and find a way to stop making monthly payments. I don't need or want a car at this point.
    Will the dealership buy it sell as a used car? I know the value of the car is significantly less now, but I just need to find a way to get it off my hands.
    Please help.
  • donalandonalan Member Posts: 2
    The Boxster Board suggested I ask here abiut a fair price (from a Dealer) for:
    2005 Boxster S
    Blue/greey
    19,000 mi.
    from California
    Bose, xenons, full powers seats, PCM, windstop, Auto Climate
    New Michelin Pilots
    CPO until 6/2011

    Now the hard part: What discount if the Carfax shows an accident (unspecified) and a repo, but an independent check went well and the car drives fine??

    Much appreciated. Decision early next week?
  • donalandonalan Member Posts: 2
    By the way - we're in Fairfield County, CT, and the 20k service is included.
  • british_roverbritish_rover Member Posts: 8,502
    Plenty of Boxters around so there is no way I would buy one that had an accident indicator and a Repo.

    Is this car at a Porsche Dealership? I just can't see a Porsche dealer selling any used car with an accident indicator let alone a repo.
  • mikefm58mikefm58 Member Posts: 2,882
    Oil Changed Regularly, but needs tuneup

    Has the timing belt been changed? That was due at 105K miles.
  • buck0086buck0086 Member Posts: 52
    The timing belt has not been changed.
  • volvomaxvolvomax Member Posts: 5,238
    The timing belt has not been changed.

    Thats a re-build waiting to happen!
  • volvomaxvolvomax Member Posts: 5,238
    As Britishrover said, walk away.
    Plenty of other Boxsters out there.
    Pay a little more and get a CPO one from a Porsche store.

    Plus, if you buy this one, you are gonna get HAMMERED at trade in time.
  • vgxvgx Member Posts: 40
    Hey all, always get great advice here and suddenly I'm itching for a new car, so i'm curious as to the real world value of my Solara. Here are the details:

    2006 SLE convertible
    Central FL
    V6, auto
    right at 24,900 miles
    Silver ext and gray int
    Came with the premium package so: leather interior, power driver seat, 6 disc CD with upgraded JBL system and 17" alloy wheels.

    The car's exterior is in great condition. Pint is very glossy, top has no discoloration and beads water just fine (keep it pretty well maintained). There is a ding in the driver side and a small scratch from some careless person in a parking lot. Nothing serious at all, though. some of the wheels have been scratched due to curbs, also.

    Interior is in good condition except that there is a small spot on the driver seat where color has been rubbed off... maybe the size of a penny. Other than that, seats and dash have been well maintained since the top has spent a lot of time in the down condition... no really serious wear and tear from what I see, but it's not like the car is brand new inside.

    Tires are original, so they are pretty worn i think... tread is OK.

    Never had any mechanical failures on this car... drives just as good as day one. I figure this might be a good time to get high value for it, considering the warming temps in FL.

    So, what's my trade in value? Also, what's a good value for private sale? Just weighing my options right now.

    Thanks so much!!
    VG
  • volvomaxvolvomax Member Posts: 5,238
    Wholesale is probably @ $21-22,000.
    Given the reconditioning on your car, you are probably closer to $21,000

    Private party should be $2-3000 more.
  • kcopelinkcopelin Member Posts: 1
    I am afraid I won't get a fair trade in on this car. What can I expect?

    Location: Sacramento, CA
    Year/Make/Model: 2001 Audi All Road Quatro
    Body Style: 4 Dr. Wagon
    Engine: 2.7 Liter Turbo
    Driveline: AWD
    Mileage: 106k
    Color: Gray with Black Trim
    Major Options: Sun Roof, Nav, Alloy Wheels, all upgrade possible were on this car.
    Condition:
    Details of interior - Nice interior - Shampooing carpets will help
    Tires - new or % worn - 10k on tires
    Brakes - Fine
    Maintenance - Good
    Other: Indicate prior damage/insurance claims, repaints, etc. - Rear bumper needs replacing as was rear-ended in 2007 - Timing Belt needs to be replaced
  • josheeljosheel Member Posts: 73
    phx az
    06 acura mdx w/nav and ent.
    57000
    aspen white
    chrome wheels
    roof rails
    side steps
    exterior near perfect
    inside needs leather cleaned and carpeted areas shampooed
    tires only have 10k miles on then
    brakes front and rear just done

    Thanks for your time
  • buck0086buck0086 Member Posts: 52
    What does that mean? And is there still a fair trade value I can get for my car?
  • explorerx4explorerx4 Member Posts: 20,723
    you should have said you are trying sell it, not buy it.
    2024 Ford F-150 STX, 2023 Ford Explorer ST, 91 Mustang GT vert
  • steine13steine13 Member Posts: 2,825
    An amateur's opinion..

    (i) What that means -- "rebuild waiting to happen" -- is that when the timing belt breaks in your engine, it'll either completely destroy the engine and you'll need a new one, or it'll just bend some valves, requiring > $1,000 worth of work.

    It's preventive maintenance that HAS to be done on Honda engines, or else. For details, look up "interference engine" on wikipedia or somewhere.... Ford, Toyota, and some others typically have more forgiving designs.

    (ii) What he didn't say but a lot of us thought: You've put 128k on this thing, you haven't maintained it properly, and now you think it's time to ditch it.

    This is the reason I stopped looking for a used Subaru, btw; most owners follow exactly this pattern, and I got tired of it. Especially the ones that looked good, had maintenance needs as log as my arm, and were declared to be in "excellent" condition.

    I've looked at a couple hundred cars, maybe twice that, in the past 15 years... all but two were in "excellent" condition. Maybe that's why I'm jaded.

    Anyway, from a seller's point of view, not doing the maintenance is a pretty smart strategy, since it's a cheap way to have a reliable car, and most people don't know the difference.

    (iii) As far as value; I'll guess that a dealer will price the service in and come in a little under $5 if the car is otherwise nice... it is eight years old and has a bunch of miles, but it's still a Honda, and by your description, it sounds above average...

    I'm guessing that on the street, you could see high $6's for it, maybe a little over $7 if it shows nice.

    Not of my money, though, because I know what rust belt cars look like underneath after eight years. Even easy fixes become a nighmare because the bolts won't budge.

    Selling older Hondas is usually smarter than buying them... they sure hold their value.

    Good luck, -Mathias
  • mikefm58mikefm58 Member Posts: 2,882
    Just to add to the previous excellent post, if I were a potential buyer looking at your vehicle seeing 128K miles w/o the timing belt being changed, I would run as fast as I could away from it. High mileage cars that are seriosuly lacking in maintenance have no value IMO. Since it's been neglected, I'd have to ask myself what else might be wrong.
  • buck0086buck0086 Member Posts: 52
    It's about $600-700 to replace the timing belt. If I want to keep the car for another few months, would it be worth it to replace it and then trade it in? Or am I better off trying to trade ASAP without replacing it? Obviously, I'm trying to minimize the amount of money I am paying out of pocket.
  • mikefm58mikefm58 Member Posts: 2,882
    Those are questions only you can answer. Look at it this way, the belt could go at any moment since you're way overdue for the maintenance. If it goes, you're out a couple grand for a new engine. My advice, either trade it or have the work done first thing tomorrow. You'll pay for it either way, less of a trade amount or the cost to have it done. Since the work is mostly labor, the cost to the dealer would be less than what you'd pay to have it done.
  • woodywwwoodyww Member Posts: 1,806
    My advice, either trade it or have the work done first thing tomorrow.

    Yes, do one or the other. I don't know how many dealers will actually give you more $$ with a new timing belt--mainly Honda dealers would even ask (?)--but that's just an amateur guess.

    OTOH, if you replaced the belt for $600, & kept it for 3 more months, it'd only cost you $200/month. The thing you (probably) don't want to do is pay the $600, & trade it a week late (unless the belt is due to break 6 days from now).

    Of course, other stuff in addition to the timing belt "could" also need replacement on a 128K mile car in the next 3 months, even on a Honda......PS--even if you trade it in the next week or 2, don't forget to pray on the way to do the deal at the car dealer.....& take the short route.....
  • josheeljosheel Member Posts: 73
    I put the info on our mdx 06 in and I was wondering if someone could look back at it and let me know what it might be worth if i traded it in. Thanks I'm new to this stuff and not sure if I did it right. Thanks It was #35209
  • vgxvgx Member Posts: 40
    Thanks for the quick response, volvomax. Looks like the real value is about 2-3k more than kbb... nice!

    As always, I appreciate your help.
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