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Real-World Trade-In Values

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Comments

  • sergeymsergeym Member Posts: 284
    I am in northern NJ. I am thinking about buying my off-lease 2007 BMW 550. Would like to know what the current auction value is

    2007 BWM 550 4.8l V8 RWD. Leased 8/15/2006.
    29,500 miles
    Black on black
    Sport, Navi, Prem sound, Cold weather and Sirius Sat radio
    Typical small paint chips but overall in a very good condition.
    Tires have about 10K miles on them, no prior damage of any kind. No paint job.
  • qbrozenqbrozen Member Posts: 33,733
    mid $34k range, according to my info.

    '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

  • mpp2mpp2 Member Posts: 97
    Looking for trade in value for 2003 Acura TL - Type S with Navigation
    Mileage: 87,000 :sick:
    Color: Silver with Black Leather
    Condition: An average condition car for it's age, paint has good gloss, two door dings on the side, some rock chips on the hood. One repaired rock chip on the windshield, interior shows some wear. Tires at about 50%. Car cleans up very well.

    Other: Front and rear bumpers were repainted to repair scratches. No other body work. New transmission put in at 75,000 miles under Acura transmission recall.

    Thanks in advance.
  • volvomaxvolvomax Member Posts: 5,238
    $8-9,000 sounds about right.
  • mpp2mpp2 Member Posts: 97
    Thanks. That is about what I thought.
  • biker4biker4 Member Posts: 746
    I saw an 04 530i w/sport package and 6MT on craigslist. The mileage was not listed but the price was $17,400. Are MT equipped cars that bad on resale?
  • qbrozenqbrozen Member Posts: 33,733
    The mileage was not listed

    Well, there is your answer.

    The manual does take a $1200 hit, however, at trade time.

    '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

  • beechmanbeechman Member Posts: 36
    Hello Terry and crew...you've been very helpful to me in the past, and I was happily surprised to see that you're still doing this for Edmunds' users. Hoping you can provide some trade-in/private party numbers for me.

    Location: Phoenix, AZ
    Year/Make/Model: 1998 Honda Accord EX
    Body Style: Sedan
    Engine: 4 cyl, automatic
    Mileage: 82000

    Color: No-sale Green, Tan cloth
    Major Options: Alloys, sunroof, cd player, windows, locks

    Condition:
    Interior is clean
    Tires - 80% remaining, all match
    Brakes - 90% remaining
    Maintenance - needs timing belt, probably new hoses

    Other: from A-pillar back, paint is flaking badly from roof, top of trunk/C-pillars showing similar wear, starting to show on upper surface of rear fenders and door skins, and seems to be a common problem for '98s with that green color. From A-pillar forward, paint better because of very mild front-end collison (wife backed into the car in the driveway, don't ask), hood/bumper repaint with blend to fenders (I don't think it's on CarFax). Also has a reman transmission installed at 45k due to internal defect.

    Thanks very much for your help!
  • volvomaxvolvomax Member Posts: 5,238
    Hate to say it, but it doesn't sound like a nice car.

    Car would probably bring $2-3,000 on a trade.
    Probably not much more than $4000 retail.
    Miles are low, but cosmetically, it doesn't sound good.
    However, right now people are going nuts for economical cars.
    You MIGHT find somebody to pay $5,000, if they have bad eyesight. :P
  • beechmanbeechman Member Posts: 36
    Thanks for the info...it sounds more hoopty-ish than it looks, but was trying to be truthful/realistic in its condition. If it weren't for the paint, I'd be more inclined to hang onto it. I was thinking of asking mid-4s or so retail, so I wasn't too far off, I guess. Maybe I can find some kid who wants to mod it up and repaint, never know.

    Thanks again for the info, I appreciate it!
  • czallczall Member Posts: 3
    sacramento, CA
    Volvo 2005 xc90 2.5T AWD
    SUV
    5 cylinder turbo
    AWD
    48,000 miles
    white with tan leather interior
    sun roof, heated seats, third row, premium wheels, leather, 6 disc changer
    minor dings but otherwise clean, tires average, no maintenance issues
    MSRP new was $44,190
  • volvomaxvolvomax Member Posts: 5,238
    $15,000
  • krwest1krwest1 Member Posts: 79
    Looking for trade-in value for the following:

    2005 Acura TSX
    Myrtle Beach, SC
    Auto
    30k miles
    Black/Black
    Avg. condition for age and mileage, just needs a detail
    Service up to date. Original tires (approx. 50%) and brakes.

    Thanks.
  • volvomaxvolvomax Member Posts: 5,238
    Probably somewhere between $16-17,000
  • grj0034grj0034 Member Posts: 19
    Hello,

    I am actually crazy enough to be considering buying a V8 SUV right now, and want to get an idea on realistic values since they seem to be dropping like rocks. This will be a second vehicle for me, only putting about 5,000 miles a year on it so the gas doesn't freak me out too much.

    What I'm in the market for is a 1999 Jeep Grand Cherokee Limited 4x4, V8. I had leased one new in '99 and loved it. I'm looking at "low" mileage examples, mostly between 65k and 75k. They all have leather, moonroof, cd changer, etc., are in good clean condition, and at dealers. I am looking at silver and black ones with no accident history, clean carfax, etc. No warranties or certification due to age.

    Most are asking $7,000-$8,500 which strikes me as high. What do you folks think a realistic transaction price might be, seeing how the SUV market is now? I am located in eastern PA for what it's worth.

    Thanks!
  • sebring95sebring95 Member Posts: 3,241
    Well I'd say look around and maybe hunt up a good private party. My wife had a '99 Ltd before her GX470 and in some ways she misses the Jeep. Put 180k basically trouble-free miles on it and sold it to a relative. About two months ago, I had some friends with an '00 V8 Ltd. absolutely loaded with 90k miles and they were being offered $4,000 on trade. I gave them $4,500 for it and stuck an employee in it that's being doing some work for a mining company and needs to get around off-road. Pretty hard to find a ten year old rig with only 65k miles....so maybe the can command a little more. I'd rather buy something that's been driving at least average. I'll take highway miles over city miles anyday.
  • formulaveeformulavee Member Posts: 14
    Looking for trade-in value on a 2004 Ford Escape XLT. Pretty basic with no sunroof or real upgrades.
    4dr SUV, 4WD, AT, 65000 miles, blue/grey, good condition inside and out, new tires, new pads/rotors, maintained very well.

    Thanks!
  • kgabekgabe Member Posts: 25
    Loaded LT (sticker around $47K) with 13K miles. Dealer asking $31K. Any thoughts? I wonder what price this unit went through the auction at? If it wasn't a trade-in that is.
  • qbrozenqbrozen Member Posts: 33,733
    Really, vmax? $15k?
    Is that the Cali market talking? (meaning a non-snow market)
    My NJ source says $18k.

    '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

  • qbrozenqbrozen Member Posts: 33,733
    You are missing a good bit of info. Moonroof? DVD? Nav? chrome wheels? 4x4? The options can make up to a $6500 swing on this truck at trade time.

    '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

  • kathy3420kathy3420 Member Posts: 3
    Need a little help putting a value on my vehicle.

    Located in Upstate NY
    2004 Toyota Landcruiser
    45000 miles
    Pretty much loaded with all available options. (Airbags, DVD, etc)
    Good condition.

    Thanks.
  • kgabekgabe Member Posts: 25
    Moonroof? DVD? Nav? chrome wheels? 4x4?

    YES to all of these options. A one person vehicle too. Plus it's the special white tri-coat paint job. Asking price $31K. Any input much appreciated.
  • verdugoverdugo Member Posts: 2,288
    You left out one very important answer ... miles :)

    Look at the bottom of the page for the info you should provide. The more you provide, the better estimate you'll get.
  • m6userm6user Member Posts: 3,181
    Looking for a trade in value on '02 Infiniti QX4.
    Location: Chicago suburbs
    Year/2002 Infiniti QX4
    Body Style: Midsize SUV 4dr
    Engine: 3.5 liter, 6 cylinder, auto
    Driveline: 4WD
    Mileage: 55,000
    Color: Silver
    Major Options: alloys, sun roof, leather seats w/memory, roof rack, running boards
    Condition: Excellent
    Just detailed and looks good, no dings or scratches.
    Tires original, aren't that bad but would probably replace by another 5,000 miles or so.
    New front brakes recently, rear original
    All maint documented and at Infiniti dealer
    No damage/claims, repaints, etc

    Thanks.
  • qbrozenqbrozen Member Posts: 33,733
    He said 13k in his first post. :)

    '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

  • qbrozenqbrozen Member Posts: 33,733
    $25k-$25,500 is about the trade-in zip code.
    In this market, they'd probably be happy to drop it on you for $27k-$28k. Or at least they SHOULD be.

    Real nice rig. Just make sure you can afford to feed it! ;)

    '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

  • mattandimattandi Member Posts: 588
    Helping a nephew who is looking to get into a van. What is trade and private party?

    Winston Salem NC
    1998 Toyota 4-Runner SR5.
    4X4, 4sp. auto
    69,000 miles
    Silver/Grey cloth
    most available options inc. moonroof
    tire have about 5k on them, brakes are old
    condition in line with age both ext. and int., call it avg.
    no major damage current or past, some dings in paint, scratches on brush guards
    small dent on front bumper
    maintenance up to date
  • qbrozenqbrozen Member Posts: 33,733
    Pretty much loaded with all available options. (Airbags, DVD, etc)

    Well that's awfully vague of you. ;P
    Is that like the ads I see where they say "loaded" and then I find out they meant "except moonroof, navigation, leather, etc"?

    Nav is the big deal on these, apparently. My source tells me $25k-$26k with NAV and a big $1400 deduction without it.

    '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

  • verdugoverdugo Member Posts: 2,288
    d'oh missed the first one then. My bad.
  • kgabekgabe Member Posts: 25
    Thank you. Feeding it is no problem for this truck would be my second vehicle. The other is a 6-banger old Thunderbird. Still runs like a stallion. It's a great looking truck for sure and I too thought $31K on a 13K m 07' was too high. This market won't allow those prices. Even though oil has dropped here (down another $4 today) off of $147 high things have changed forever in the auto world. Ford just announced today it's shuffling its production plans into smaller cars. 3 more truck plants being converted over. Times have never changed so drastically in such a short period of time in the auto world.
  • volvomaxvolvomax Member Posts: 5,238
    I was at the auction in Riverside last week.
    The panic button got pushed on the XC90.
    Banks have a TON of them coming back on lease over the next few months.
  • volvomaxvolvomax Member Posts: 5,238
    $6-7,000
  • volvomaxvolvomax Member Posts: 5,238
    Probably somewhere in the $8-9,000 range.
    Should be worth more but the gas panic has finally hit the mid size SUV's.
  • volvomaxvolvomax Member Posts: 5,238
    Times have never changed so drastically in such a short period of time in the auto world.

    Actually, this is exactly what the Big 3 went through in the 70's.
    This time though, it's affecting every automaker.
  • volvomaxvolvomax Member Posts: 5,238
    Miles are low.
    Could see $5,000+ on trade.
    Figure $7-8,000 private party.
  • peetertpeetert Member Posts: 124
    So this is then a good time to buy? I finally emailed the dealer today about setting up an appointment to look at an '05 2.5T that I've had my eye on. They've already had it a couple of month and haven't dropped the price on it.

    Peeter
  • volvomaxvolvomax Member Posts: 5,238
    Well, here's the problem.
    A couple of months ago XC90's were worth more.
    So, that dealer is unlikely to drop the price a whole lot because he can't.
    Not unless he wants to take a loss.
    The only other thing they can do is buy some more used XC90's and average down the inventory.
    Still, I'd see what that dealers bottom line is.
    Personally, I think the XC90's, esp the 5 cyl ones, are WAYYYY undervalued right now.
    As the prices drop, people will talk themselves into one and forget the price of gas, because the price is so good on the car.
    So far, we have sold 3 used XC90's this month.
  • kathy3420kathy3420 Member Posts: 3
    gbrozen,
    Thanks for the reply. In this case I meant every available option...NAV, DVD, Side Airbags, Running boards, roof rack, hitch, 18" wheels, floor mats.

    I do understand your meaning though about the *LOADED* simply meaning standard equipment for that trim level.
  • qbrozenqbrozen Member Posts: 33,733
    Ouch.
    Well, good thing we like ours. :(

    Honestly, at 21 mpg, I don't see what there is to panic about. Not like we can explain that at the auctions, though. Hell, we've been getting the same mileage in our XC90 running on mid-grade gas as we've been getting in my G35X running on premium. Go figure.

    '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

  • qbrozenqbrozen Member Posts: 33,733
    hehe. no problem.

    '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

  • peetertpeetert Member Posts: 124
    Thank Volvomax. I'll see how low they go. Also, since the original plans were September anyway, unless I can get my price, or close to it, I'm content to wait and see. As for gas mileage, well we kinda gave up on that based on the type of vehicle we are looking at.
  • volvomaxvolvomax Member Posts: 5,238
    Well, people are like sheep in a lot of respects.
    For what it is, the XC90 gets pretty good gas mileage.
    However, the media and everyone else has discovered that SUV's USE MORE GAS!
    Oh the humanity! :D
  • m6userm6user Member Posts: 3,181
    Thanks. I was hoping for $9 or $10K but totally understand the fear in the market right now. Don't know if it's going to get better any time soon even with oil prices dropping a little as of late.
  • mattandimattandi Member Posts: 588
    thanks v-max

    I told him the low miles was a bonus, just bad timing on selling a used SUV.
  • formulaveeformulavee Member Posts: 14
    Thanks Volvomax.
  • bc13bc13 Member Posts: 32
    Hi

    Looking at the above car. It is black on black, leather, dvd, cd changer, alloy wheels with 22,500 miles on it. Looks to be in very good condition.

    Wondering what a dealer might accept for it? & what the wholesale value might be.

    Any help is appreciated. This is in the flemington nj/pa area.
  • qbrozenqbrozen Member Posts: 33,733
    OH... what the heck, I'm bored.

    (I'll add moonroof to all for the helluva it. if it doesn't have it, subtract $500)
    XLT = ~$19k
    Eddie Bauer = ~$21k
    Limited = ~$23k

    These are trade-in values and can vary ~$500 in either direction depending on condition. Also, given the vehicle in question, it may have dropped $500 in the time it took me to type this out. ;)
    And since my magic book missed the recent XC90 by $2k, volvomax may have differing news on this.

    What will a dealer accept? That depends on when they purchased and what they have in it. I would say anything more than $2k over the numbers I've given is probably shooting yourself in the foot in this market.

    '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

  • volvomaxvolvomax Member Posts: 5,238
    I think you are probably $2-3,000 high for the wholesale.
  • qbrozenqbrozen Member Posts: 33,733
    I'm not surprised.
    Especially on this beast.

    I wonder what dealers here in NJ are doing about this. I mean, these guys have been married to Galves for so long, I think they are probably burying themselves in an SUV per minute without even knowing it.

    '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

  • bc13bc13 Member Posts: 32
    Thanks Guys.

    I was thinking they could be had for a relatively good price right now. I don't drive much so I not worried about gas just yet, but I need the space.

    I've seen one I'm interested in, but his asking price is a bit on the high side (like Blue Book value) alot more than I am willing to pay. Thinking he has more in it than he should.
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