Real-World Trade-In Values

4beachbums · July 2008

Thanks for the reply. I was told by the dealer it would be 17K to 21K depending on the condition of the vehicle. So, your 18k is in line with that. I was, of course, hoping that they were trying to pull a fast one and it would be worth more like $24k on a trade-in....

qbrozen · July 2008

Well, I think yer nuts, too.

If you think a volvo is uncomfortable, I'm afraid there is little hope for you. ;P

But, seriously, I understand your comment about the right arm. I got spoiled by the armrest on our Pacifica. But the seat cushions in the volvo are definitely superior.

pbbeachgal · July 2008

My daughter is serving in military in Germany and wants to buy a BMW and have it shipped back here to the states as a used car with just over 500 miles on it. She will be stationed in Alabama, but her state of residence will be Florida as that is her home of record. Does she have to pay sales tax and who does she pay it to Florida or Alabama. I am thinking the state that she registers car in right. Thank you. And will it be on used car value or fair market value-and what would be fair market value of a BMW 300 series sedan approximately? Thank you.

slazenger · July 2008

Location: Detroit Area
Year/Make/Model: 2002 Subaru Forester L (A/T)
Engine: 2.5L Auto
Driveline: AWD
Mileage: 129500
Color: Silver
Major Options: Sound system upgrade, Security System, Rear Wind Deflector
Condition: Immaculate Inside/Out - No door dings, scratches. Interior is spotless.
Tires - 20% worn
Brakes - 20,000 miles old
Maintenance - Never been in accident

sleepybubba · July 2008

Hi,
Looking for trade-in on my old Jeep Grand Cherokee. Understand it probably won't yeld much wouldn't want to give it up for free.

Location: Near Boston
Year/Make/Model: '96 Jeep Grand Cherokee Limited V8
Body Style: Wagon
Engine: 5.2 litre V8 Auto
Driveline: AWD
Mileage: 159,900
Color: Black w/grey leather interior
Major Options: Golden Package, Alloys, Sunroof
Condition Exterior: Couple of small rust spots, near front weel wells; Dings here and there, but no major paint loss. A/C not working
Tires: Front - OK, rear: Pretty Worn
Brakes: 10-15K miles
The biggest accident it was in had replaced the rear bumper; otherwise, nothing major.

Oh, I am the second owner.

TIA

volvomax · July 2008

She would pay the tax, if any to the state that she is registering the car in.
If she does pay tax, it would be on the purchase price of the car.

Best bet is to contact a BMW dealer in Alabama that is familiar w/ BMW's military sales program and ask them for advice.

volvomax · July 2008

You probably have a $3-4,000 car on a trade.
Maybe $5-6000 private party.

volvomax · July 2008

$500 car.

ateixeira · July 2008

Sounds about right to me.

I just sold a 2002 Legacy for $8000 but it had a lot less mileage.

The dealer had offered me only $5300. No thanks!

Private Party sell that bad boy, ask $5875/obo. The 8-7-5 thing works - the numbers keep dropping so the price seems lower than it is.

Kirstie_H · July 2008

A reporter with a national newspaper would like to speak with consumers who are moving away from large SUVs and trucks to smaller compact cars and also consumers who are taking advantage of the lower prices and purchased a large SUV or truck. If you are a new owner, please respond to ctalati@edmunds.com with your daytime contact information no later than Monday, August 4th.

catdaddy25 · August 2008

2008 GMC Acadia SUV
FWD
SLT Package
Gold Mist Color
Excellent Condition. No dents or scratches,
Loaded out, Leather, electric, tilt, cruise, AM FM CD
23000 Miles
Tires 50%
East Texas Area

Looking to trade in and wanted to see wgat trade in is worth and what private sale would be worth. Thanks in advance

mikefm58 · August 2008

Wow, that's a lot of miles for a 2008, hmmmm, a high mileage gas guzzling GM SUV, I can't wait to see what the experts say on this one, hope you're sitting down when you read it.

kyfdx · August 2008

If there is a full-size SUV that is still holding some value, I bet it's the Acadia...

8 passenger seating in a big crossover, with better mileage than a Tahoe... It might surprise us..

I mean... I have no idea, but I'm interested to find out..

volvomax · August 2008

Hard to say.
Not a lot of high mile examples out there.
I'm gonna say between $23-25,000 trade in.
Prob $2-3,000 more private party.
Although, it gonna be really hard to private sell this truck.
You will be competing w/ the low financing and incentives on a new one.

mpp2 · August 2008

Looking at a 2005 Audi A4 Quattro Sedan
Danbury CT
3.0 V6
Black w/ Black Leather
Old Body Style
32,100 miles
Automatic
Moonroof

Certified Pre owned

What's a fair selling price for this car? Thanks.

volvomax · August 2008

Somewhere in the low $20's.

qbrozen · August 2008

8 passenger seating in a big crossover, with better mileage than a Tahoe... It might surprise us..

yet I bet the poster wants to trade for gas mileage concerns.

ateixeira · August 2008

That was probably a low-to-mid $30s truck new, so we're talking about a $10,000 hit for the trade. To be fair it is a lot of miles, he used up most of the B2B warranty.

gsemike · August 2008

Long Island, NY
2004 Jeep Grand Cherokee 4WD
6 cyl/auto
46k miles
Gray ext; grahite cloth interior
All standard equipment
Fog lights
Aftermarket remote start
Power Drivers Seat
Approx 10k on tires
Really very clean in and out
Female owned and dealer maintained

We were offered $5,500 on a trade on a new Pathfinder to which I almost told the guy to go to h***

Kirstie_H · August 2008

LOL... I didn't realize "female owned" was an appraisal criterion.

qbrozen · August 2008

I see that on alot of ads.
And, frankly, I immediately think of my sister and say "oh, hell no do I want that car!"

gsemike · August 2008

Female owned can usually go two ways. In my sister's case, she did every thing the dealer told her to even if it was years early. The truck is really in good mechanical condition.

timbodey · August 2008

sorry to bust in on this forum but am having trouble trying to contact sebring95 could i get some instructions :confuse:

volvomax · August 2008

Probably another $1000, maybe $1500 in that truck.

Kirstie_H · August 2008

Yeah, I beat the living daylights out of my vehicles, so female-owned would NOT be a selling point for my car.

volvomax · August 2008

Yeah, I beat the living daylights out of my vehicles, so female-owned would NOT be a selling point for my car.

Well, that might explain the bid she got. :P

gsemike · August 2008

Personally, I wouldn't prefer a female owned car to any other but I do see it in ads so I mentioned it

ateixeira · August 2008

That might appeal to me as well.

I bought my Miata from a school teacher. It had really low miles, too.

It was the proverbial "old lady's car driven to church on Sundays".

It's been great for 7+ years.

I think the idea behind putting that in an advertisements is to convey a few things:

* it was not abused
* it's less likely to be modified
* women drive fewer miles per year than men (9k vs. 16k per one study I read)

Whether those are true or not for any particular car, who knows?

mattgg1 · August 2008

This isn't exactly the proper format for this forum, but I was hoping to get some quick advice for a friend...

Which do you think is a better deal??

2008 Buick Enclave  30,000 miles
2007 GMC Acadia  12,000 miles

Same price, same warranty, Enclave has a few more posh features than the Acadia, but otherwise set up exactly the same and the same color - silver.

This is all of the information I have. My gut says the 2007, but I'd like to see what others think.

ateixeira · August 2008

07 was a first-year model, though, and they did make a couple of improvements.

I would at least go over it very closely before buying.

sebring95 · August 2008

my user name here at hotmail.com

kyfdx · August 2008

Actually, there was no '07 Enclave, I think... They just introduced it a little later, and gave it the '08 designation.... I don't think it is any different than the '07 Acadia, as far as newer model updates, though it may come with some items standard that the Acadia doesn't..

I'd rather have the lower mile Acadia, but then again, I don't like the guppy grille look of the Enclave...

woodyww · August 2008

Female owned can usually go two ways. In my sister's case, she did every thing the dealer told her to even if it was years early

My ex is so freaked out by any possibility of a breakdown, she takes her Volvos to the dealer like clockwork for maintenence; like you say, "she does every thing the dealer tells her to".

But a lot of guys are super fastidious about maintenence too; like some of the bmw club guys who go bonkers taking care of their "babies".

Here's another theory: "gay owned". I'm thinking, probably very fastidious with taking care of the vehicles, like an old LR Disco I I looked at once. (That's a compliment, right, not politically incorrect)?

mherr05 · August 2008

Rancho Cucamonga/CA (about 50 miles E of Los Angeles)
2005 Nissan Altima
4dr
3.5 SE/V6/Auto
FWD
43k miles
White exterior/Charcoal Cloth interior
Alloys/sun roof/spoiler/factory body kit/mud flaps
Great condition overall. Exterior/Interior no visible wear or tear. Mostly driven for pleasure.
Brand New Tires
Good Brakes
Maintenance has been on point too.

We are considering a trade in for a 08 Highlander Sport, possibly a lease. We currently owe about $17,000 on this car though and are a little hesitant about making this deal. Haven't taken it to dealer yet.

I appreciate any feedback.

houdini1 · August 2008

We are considering trading in a 2000 LX 470 with 79,000 miles on a new 2008 Toyota Landcruiser. The LC has a msrp of $71,339. It has nav, dvd, cool box, and about everything else you could think of. They will discount the LC by $12,000., down to $59,339. and then allow $15,000 on our trade for a net difference of $44,339. Doc fee of $299.

We like the LC and the way it drives and handles. I think this is a pretty good deal as this is not a demo and has a total of 25 miles on the clock. We put most of those on. I would appreciate all opinions. Thanks.

volvomax · August 2008

Car should bring @ $12,000 on a trade.

volvomax · August 2008

Well, the trade value is spot on.

cccompson · August 2008

Depending on how nice the LX is (and whether you get a sales tax credit on a trade), you might want to take a shot at selling it privately. They are very desirable vehicles to a certain niche and you might be able to easily net 2-3 grand more.

mherr05 · August 2008

WOW....less than we thought. KBB was off by about $2k ( Good-$14k). Edmunds is around $13k

Sounds like we should just keep the car and pay it off. We are a little weary about "rolling" the difference into a lease anyway. As we probably should be. Doesnt make much sense to keep paying for a car we no longer have. Plus, my hubby has made extra payments so it will be paid off about 6mo sooner.

Thanks

gsemike · August 2008

Long Island, NY
2004 Jeep Grand Cherokee 4WD 6 cyl/auto
46k miles
Gray ext; grahite cloth interior
All standard equipment
Fog lights
Aftermarket remote start
Power Drivers Seat
Approx 10k on tires
Really very clean in and out
Female owned and dealer maintained

oldfarmer50 · August 2008

"...Yeah, I beat the living daylights out of my vehicles..."

So it should read: "Female owned, non-Edmund's Host".

houdini1 · August 2008

Thanks for the reply and your thoughts. I appreciate it.

Karen_S · August 2008

A reporter with a large national newspaper would like to speak with consumers who traded in their Volvo for another used vehicle. If you are a previous Volvo owner , please respond to ctalati@edmunds.com with your daytime contact information no later than Thursday, August 7th.

dillydill · August 2008

Massachusetts
2004 White Silverado 1500 LS long bed 7K miles
Reg. Cab
4 x 4
5.3 V8
Snow Plow prep, HD Trailering and suspension, Light Duty pack
6 way power seat, powerfolding heated outside mirrors with turn signals, and tinted glass
Truck bed has some scratches
Used mostly for light plowing

Snowplow- Power V 7.5' Boss steel snowplow

Original MSRP back in 2004 was 30,418 Invoice 27,142
Boss plow was an additional 4500 or so.

Any ideas on trade in vs. private?
How much value does the plow add.

Thanks,
Dillydill

explorerx4 · August 2008

lx470 is a lexus? i would keep it. out of that 45k, i would allow 5k for maintenance/repairs. the leaves 35-40k for another ride.
you will look frugal driving driving a soon to be 10 year old lexus suv and you can have something else to drive the rest of the time.
i'm thinking the land cruiser value is going to drop like a rock after 2-3 years.
i do have a bit of the jipster in me.

jhs70 · August 2008

Can someone provide a recent auction (trade in/carmax) price on the above vehicle? Particulars:
Location: Fairfax, VA
color: Red Alert
mileage: 26000
tires: good
engine: 5.6L, automatic, 4WD
interior is very clean; exterior: a few minor scratches; a couple of small dents
other: leer cap, factory spray in bedliner; Utili-track Bed Channel System with four tie-down cleats; XM.
no accidents; no kids; non smoker

Thank you kindly!

lemmer · August 2008

This should be ugly. We have dealers offering them at half price - MSRP $30,000 sale price $15,000. I read the fine print, and I didn't see the catch.

corvette · August 2008

2007 Chevrolet Malibu LT V6 (yes, the old model)
2007 Saturn Aura XE V6
2007 Saturn Aura XR

Also, if anyone knows, how much longer will 2007 models be plentiful at GM-sponsored auctions?

Thanks!

volvomax · August 2008

As I stated earlier, I thought the trade in value was about a grand light.

volvomax · August 2008

Should bring $10,000 at auction.

Real-World Trade-In Values

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