Real-World Trade-In Values

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Comments

  • dhogue1dhogue1 Member Posts: 14
    Thanks Volvomax and others for the replies. Very helpful.
  • iontrapiontrap Member Posts: 139
    My local taxes are 7%. So assuming they bought it for $20k, add at least $500 for recondition how does $23.5k sound?

    Better.

    Volvomax, according to the Carfax report on this Expy, the dealer bought it at auction in late June. Would they have paid more for it a couple of months ago?
  • chloe_6chloe_6 Member Posts: 10
    Looking to maybe trade....need a realistic trade in value.

    Dallas-Fort Worth, TX
    2006 Toyota 4Runner
    SR5
    4.0L V6, automatic
    2WD
    29,000 miles
    Black/Tan
    Alloy wheels, roof rack, rear spoiler, dual power seats, electrochromatic mirror, alarm system
    Condition:
    Interior is clean and non-smoker, paint chip(s) on driver door along edge
    Tires - consistent with mileage

    Was involved in a rear end collision :mad: - rear hatch door skin, bumper, sensors, tail light, etc have been replaced with new parts. No frame damage but collision is on Carfax. I think the repairs were around $4000 if I recall correctly. Can you also tell me how much the 'collision' impacts the value?

    Thanks for the help!
  • volvomaxvolvomax Member Posts: 5,238
    Possibly.
    Although, the big utes were already plummeting in value at that point.
  • volvomaxvolvomax Member Posts: 5,238
    Unmolested, its probably a $14-15,000 truck.
    W/ an accident and a bad Carfax, $12-13k maybe.
  • roblandersonroblanderson Member Posts: 2
    St. Louis, MO
    2001 Hyundai Santa Fe
    4dr SUV
    4 cylinder
    FWD
    85,000 miles
    Color: Gold exterior / cloth tan interior
    Options: ABS
    Several small door dings (probably 4 or 5). Cloth interior has average wear, with some stains, but no tears. Tires are probably 80% worn. Breaks are 1 year old. Regular maintenance, including the big one at 60,000 replacing the timing belt.

    Involved in an accident a couple years ago - the front right wheel was replaced.

    Runs well, but you can tell it is a well used 7.5 year old car.

    Thanks for any help you can offer!
    Rob
  • volvomaxvolvomax Member Posts: 5,238
    Sounds like a $2-3,000 car.
  • roblandersonroblanderson Member Posts: 2
    Thanks volvomax!
  • carchic1carchic1 Member Posts: 22
    Terry - I hear you're the expert. Or anyone else, for that matter, who cares to weigh in:
    I have a 2005 Acura MDX Base model -- no Navi., no extras in new condition with only 13,619 miles on it whose lease is coming due in a few weeks. (I live on Long Island, NY). It was in a major accident -- can you believe it -- the day I drove it off the lot three years ago. It had $10,000+ in damage to the passenger side rear quarterpanel and wheel axle.
    The car is basically new, but for the accident. There's never even been a passenger in the back seat, that's how little I've used it.
    Was thinking of making a low-ball offer to Honda to purchase it when the lease comes due, since they're having trouble getting rid of these used SUVs.
    What price, if any, do you think I should offer and/or accept?
  • ateixeiraateixeira Member Posts: 72,587
    Never used the back seat?

    Trade it in for an S2000. :shades:
  • cccompsoncccompson Member Posts: 2,382
    Everything I've seen suggests that Honda/Acura does not negotiate on lease buyouts so it probably isn't an option. It is true that the prices of MDXs have been hit very hard this year so maybe the company will change its stance at some point.

    Given the damage history, it's hard to see how it could be worth more than 15K (if that much) to a buyer.
  • achenatorachenator Member Posts: 128
    I am thinking of trading in my Acura TL and my 335i for a new M3 sedan.

    2008 335i Coupe
    6002 mi
    Space Gray over Black
    completely stock except for clear bra and tinted windows.
    Steptronic auto trans. and paddle shifters
    Premium package
    Nav.
    ipod integration
    sport package
    heated seats
    satellite radio
    comfort access

    car stickered for 51,170

    I am the second owner I purchased from the original owner in Feb. with 2300 mi.

    car #2
    2006 Acura TL
    navi
    gray over black
    58k
    a ding or two and front bumper cover has been replaced due to a parking lot scrape
    good condition otherwise
    purchased new

    in New Orleans area
  • ateixeiraateixeira Member Posts: 72,587
    CCB?

    Those are 2 nice cars already! :shades:
  • volvomaxvolvomax Member Posts: 5,238
    Quite a few 335i Coupes running thru the factory sales.
    Avg price w/ your miles is between $41-42k

    Figure $17-18k on the TL.
  • achenatorachenator Member Posts: 128
    Yeah, I basically lived in the TL in 06 and 07. I bought the 335 to replace the TL. After I got the BMW I just wound up keeping the TL as I put the 335 as too nice to drive everyday. I put 19" m6 replicas on the bimmer and a front lip spoiler. All the while I had in the back of my head that I wanted an m3. I am having a few issues with the 335 now. I am thinking that I may just want to have one car. The only issue I am having is that I put pretty high mileage per year and I don't know if I can do that to an M3. I drive about 18k per year. They have an 08 m3 sedan at my dealer that is beautiful. The 2.9% they are offering makes it attractive. I have always wanted an m3. One of the main reasons I bought the 335 used was in case I wanted to dump it.
  • achenatorachenator Member Posts: 128
    BMW dealer offered me 34000 on the 335. I laughed in his face. He countered with $37k. He offered $2500 off sticker on an m3. This is a sticker with paint and fabric protection, wheel warranty, mats and other crap. We've got to do better.
  • stickguystickguy Member Posts: 53,512
    should be an easy one..

    2007 S60 2.5T. Dark blue over gray leather. It is at a dealer, but I haven't seen it yet. 7,500 miles. I think (assume) it is certified. Seems to be fully/normally loaded (I expect they are somewhat all the same these days?) I would also guess from the miles it was a service loaner.

    Anyway, what would be the expected going rate for one of these?

    In NJ BTW.

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

  • chloe_6chloe_6 Member Posts: 10
    Hey thanks, volvomax. This was very helpful. I will convince myself to love the 4Runner for another 3 years. :)

    But how insurance companies can say there is no loss after a repairable collision is beyond me.........and a discussion for another forum....

    Thanks again.
  • kaysidkaysid Member Posts: 46
    Hello, would like a realistic trade-in value on the following:
    VW Passat 2006 (leased Oct 05 36mo lease)
    Sedan 2.0T (Std-Non Value Edition)
    20000 Miles
    Reflex Silver
    Std Passat Features
    Extras include :
    Rear Side Airbags
    17" Alloy Wheels
    Very good condition, mainly used to commute to nearby
    train station. This is in NJ. Clifton area.

    My Dilemna is the buyout on my lease is $15.5 K. My goal is to purchase a new Passat CC in 3 months due to zero/low availability right now(dont want to pay thru the nose for an early buyer) . Is it worth me buying out my lease and trading in later..it depends on what the current realistic trade-in value of the car is and if I can atleast breakeven. Thanks for any insight and help!
  • stickguystickguy Member Posts: 53,512
    layman here, but I expect that it will cost more than it is worth to buy out the lease (and pay al lthe sales tax, which is over 1K in NJ), then you have to sell it.

    Have you asked about extending the lease instead for a few months? Especially if you are planning to buy another VW!

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

  • markayo1markayo1 Member Posts: 23
    I found a used 2008 Honda Accord EX-L with 19,108 miles on it for $23,900. this seems a lot for this car. A new 2008 was MSRP $25,860, Invoice $23,428 plus TTL. I did get a quote for a 2009 EX-L for $24,469 plus TTL. I just do not want to spend $26,000 for a new car, that is why I thought about this used 2008. I do not put a lot of miles on thoughout the year. What should I offer for the used 2008 Accord EX-L with 19,107 miles ? I live in Grand Rapids, Michigan. Please give me some advice. Thanks.
  • stickguystickguy Member Posts: 53,512
    found a passat wagon to look at, and wondering about what it should go for.

    2005 passat GLS wagon. 1.8T engine, auto tranny
    dark blue over gray (leatherette it looks like). alloy wheels
    Pretty sure it has a moonroof.
    in PA (outside philly)
    30,000 miles on it. from the pixs, it looks clean.
    at a VW dealer. No mention of it being certified.

    assuming it isn't CPO, what would be a reasonable price for this puppy? They are asking just under 17K

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

  • stickguystickguy Member Posts: 53,512
    have to do something with the current ride if I move on to something new..

    2005 Accord EX-L 4 door, 4 cyl, 5 speed (yes, a manual tranny)
    all the normal EX-L stuff (lether, roof, XM radio)

    29,000 miles on it.

    Overall clean. A couple of minor door ding type nicks, but shines up nice. Original tires and brakes. interior has no issues.

    Only damage is to the front bumper cover. There is a small hole and crack from getting hit by a trailer hitch. I never bothered to get a new one put on.

    Still under warranty until 12/08.

    I would trade if could get an OK offer, or private sale (yuck). What do the experts think it shold go for in either case?

    And, would it be worth spending the money on the bumper (about $5-600 for a new one on the car and painted)?

    It does at least get really good mileage, which should help these days!

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

  • kaysidkaysid Member Posts: 46
    Thanks stickguy thats actually a good idea, I will check with VW Credit if they can do that. Wouldnt mind still knowing what a realistic trade-in value is for the car though
  • corvettecorvette Member Posts: 11,344
    Used Hondas and Toyotas are generally not good values, because they depreciate much more slowly than other brands of cars. Conventionally accepted wisdom is that if you're looking at a 1-2 year old Honda or Toyota, you might as well buy new.
  • corvettecorvette Member Posts: 11,344
    2005 passat GLS wagon. 1.8T engine, auto tranny

    Have you driven it yet? I found the 1.8T engine to have pretty bad turbo lag, especially with an automatic.
  • stickguystickguy Member Posts: 53,512
    I am still in the evaluation phase. Haven't moved onto the driving phase (where contenders often get eliminated).

    THis is my first foray into the world of auto trannies, except for the wifes minivans. I have driven the 1.8 with a stick and liked it.

    I did drive a Volvo S60 2.5T (low pressue turbo) yesterday. That baby had no problem IMO with lag. punched it at around 25 and it felt like I was shot out of a cannon.

    It's not like my Accord 4 cyl has instantaneous torque at low RPMs either.

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

  • tmkl1tmkl1 Member Posts: 10
    What would be a realistic trade value for the following:

    2007 Wrangler X Silver/Gray-int, 2-door
    24S package
    -Auto, a/c, Cruise, 16 inch-alloys,freedom top, trac-lok
    - 17k miles, excellent condition, never off road.
  • iontrapiontrap Member Posts: 139
    Location: Augusta, Ga
    Year/Make/Model:2006 Mercedes Benz R350
    Body Style: [2dr/4dr/wagon]
    Engine: 3.5 liter, V6
    Driveline: AWD
    Mileage:38,800
    Color: Gold/Tan
    Major Options: 18" rims, navigation, power driver and passanger seats (no memory)
    Other: CarFax is clean, one owner

    Dealer is asking $24,990.
  • volvomaxvolvomax Member Posts: 5,238
    If it's a real used car, and not a service loaner, should price out somewhere between $23-25k.
  • volvomaxvolvomax Member Posts: 5,238
    Car's probably worth $13-14,000
    Add in the taxes and it's isn't worth buying if you are just going to trade it.
  • volvomaxvolvomax Member Posts: 5,238
    Should have a couple grand to play with.
  • volvomaxvolvomax Member Posts: 5,238
    Car's worth $11-12,000 minus the bumper repair.
    You should be able to patch the bumper and paint it.
    Probably set you back $1-200 depending on the shop.
  • volvomaxvolvomax Member Posts: 5,238
    Somewhere in the $17-19,000 range.
  • volvomaxvolvomax Member Posts: 5,238
    Man, that's like 50% off a new one!

    Price isn't bad. Wholesale is @ $21k.
    Is it Certified?
  • nortsr1nortsr1 Member Posts: 1,060
    Isn't a R350 a Lexus or is it an RX350.????
  • kyfdxkyfdx Moderator Posts: 267,518
    Mercedes version of the Chrysler Pacifica...

    Very nice inside.... which is the only place you'd want to see it... from the inside out..

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  • volvomaxvolvomax Member Posts: 5,238
    In all fairness, aside from a passing resemblence the Benz doesn't share any components w/ the Pacifica.
  • ateixeiraateixeira Member Posts: 72,587
    Yeah, but it never sold in big numbers.

    I think they priced it wrong. Usually a minivan is cheaper than a similar SUV from the same make.

    In the case of the Benz, the R class costs a lot more than an ML.
  • corvettecorvette Member Posts: 11,344
    Different platform, etc., but they were introduced by the same parent company, in the same market, at the same time. I still refer to it as the "Mercedes minivan."
  • jimbresjimbres Member Posts: 2,025
    Lately, I've seen quite a few of them in my neck of the woods (Long Island, about 30 miles east of NYC). They're usually piloted by 30-something mommies.
  • qbrozenqbrozen Member Posts: 33,761
    They're usually piloted by 30-something mommies.

    Well, that IS who its designed for.

    '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

  • bgates222bgates222 Member Posts: 38
    new york
    2006 mini cooper convertible
    2dr
    4 cylinder manual
    6000 miles
    cruise control , harmon kardon speakers, mp3 cd player, power win/doors
    interior is perfect
    exterior a few minor dings, bumper has a lot of scratches
    tires new , brakes new only had one oil change after first year
    had one accident where hood was replaced no frame damage
    thanks
  • iontrapiontrap Member Posts: 139
    Man, that's like 50% off a new one!

    Price isn't bad. Wholesale is $21k.
    Is it Certified?

    It's a nice looking vehicle inside and out but it's not certified. I asked the salesman why it wasn't certified and he said that since becoming part of Group 1 Automotive they no longer certify vehicles.
    Last night I was checking ebay prices and I saw one with 34k miles sell for $22k. I may offer them $26.5k with an extended warranty ( only if the wife likes the car, she didn't like the size of the Expedition EL I asked about a couple of weeks ago).
  • iontrapiontrap Member Posts: 139
    They're usually piloted by 30-something mommies.

    Well, that IS who its designed for.

    Dang, I'm a 30 something dad. :blush:
  • qbrozenqbrozen Member Posts: 33,761
    Would it be YOUR vehicle?

    Hey, I like them ... kind of. But we had a Pacifica, too. If I knew we could have gotten an R for so little, we may have checked it out. But it would have been the wife's primary, not mine. I would have tried hard to find a diesel, too.

    '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

  • iontrapiontrap Member Posts: 139
    It would be mine. However, I do ride my motorcycle to work when I'm not carpooling!
  • volvomaxvolvomax Member Posts: 5,238
    Unmolested, it's prob worth $21k on a trade.
  • 4wheels14wheels1 Member Posts: 23
    Hi. I am at the end of my 36 month lease (in a month) on my 2006 Sienna XLE. Would not mind buying it as long as you guys think I won't be overpaying. Would probably keep it about 2 more years.
    FWD, 44K miles, Pearl white, the option package that has all except leather, DVD and nav. Toyota wants $18,150 for it

    Deal or no deal? Thanks.
  • krwest1krwest1 Member Posts: 79
    Lease is coming to an end and trying to decide what to do. What is this thing worth on a trade-in?

    Myrtle Beach, SC
    Auto
    32k miles
    Black/Black
    Avg. condition for age and mileage.
    Service up to date. Original tires and brakes.

    Thanks.
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