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Real-World Trade-In Values

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Comments

  • sanjaysdcasanjaysdca Member Posts: 269
    that is way too high
    Here in southern california (Zip code 90501) carsdirect is selling BRAND NEW 2.4 EX-L for 22.8K including destinantion...

    Dont know where you are?
  • robbiegrobbieg Member Posts: 350
    Volvomax, thanks for the info.
  • millikin54millikin54 Member Posts: 9
    To piggyback off of your post on X5 numbers, I'm interested in these but am also interested in numbers for X3s and Lexus RX330s from 2006 as well. Must have leather seats, AWD, and heated seats (I live just outside of Cleveland :) )

    I'm interested in buying a CPO, so I would also appreciate any negotiating/buying tips for those, or realistic target price for CPO (X amount below asking, etc).

    My trade-in:
    Black 2005 Dodge Durango
    Limited, AWD, w/ Hemi
    48,000 miles (bought it CPO 8year, 80,000 miles... if that matters)
    Moonroof, Nav, Rear Air, Rear DVD
    Body's in good shape, a few minor dings/scratches, Interior is good (no rips, etc).
    Normal wear on tires etc., replaced a few things like brake pads, as needed.
    Overall it's in pretty good condition.
  • ateixeiraateixeira Member Posts: 72,587
    I thought about this for a while...you may want to list it for sale in upscale neighborhoods, where buyers tend to be more image-conscious, and therefore willing to pay a premium for the Jaguar name.

    Here in the DC area, that would include Bethesda, MD, and McLean, VA, for instance.

    But if the car is in FL on the gulf coast, it's probably not worth the effort to ship it up here. Just advertise in upscale areas in FL.

    Just a thought. Target the marketing in local publications in those areas.
  • markayo1markayo1 Member Posts: 23
    I thought it was high also. I live in Grand Rapids, Michigan. What would you offer for this car ? thanks.
  • gooddeal2gooddeal2 Member Posts: 750
    I thought it was high also. I live in Grand Rapids, Michigan. What would you offer for this car ? thanks.

    I don't want to be mean but I think you should move on and try to get a new '08 for about the same price while you can. There're always some crazy people out there who are willing to pay top $$ for used cars b/c they think they get great deals.
  • smwls8smwls8 Member Posts: 103
    I bought this for my wife AFTER I left the DC area(N.VA), the AWD would definitely come in handy. Alot of people in DC, like me, had to be at work, regardless of weather, no excuses. I had other AWD vehicles at the time which worked fine, but I witnessed more that one vehicle flipped on its roof during the minor snows they get. Thanks for the advice.
  • smwls8smwls8 Member Posts: 103
    "Volvomax has essentially confirmed my opinion that your car has limited value because it was never a strong seller" Don't think so. My non-sport 2.5 X-type had an MSRP of $29965 (source: http://consumerguideauto.howstuffworks.com/2003-jaguar-x-type-2.htm). Volvomax put a retail number on the car of $10,000. That means over the last 6 years it has depreciated an average of 11% per year, or roughly 66.67%. Wow. I can name 4 or 5 Mercedes(E-class,M-class,R-class,C-class)and at least 3 BMW's (X3,X5,Z4) that have depreciated at the same rate in just 4 years, and they left the dealer lots like they were on fire. The rate at which a vehicle depreciates is obviously more complex than just how well it sold as new. Speaking of which, my wife's particular Jaguar is still the best selling Jaguar model in the history of the company, selling 50,000 models in 2003 alone, (source: http://en.wikipedia.org/wiki/Jaguar_X-Type). Unlike you, LongIslander, I have supported every point I have made with documentation. YOU are the one who started this, making false claims about the Ford Mondeo's safety record(based on your memory), which I rebuffed with actual crash data(4 out of 5 stars). (Source: http://www.fleetnews.co.uk/news/story/?nID=26344). Of course the data was from the European Testing organization, NCAP, it was designed and built in Europe(duh). But I knew a person like you would try and discount this, which is why I also referenced the US NHTSA test results, rating the X-type at 4 out of 5 stars, again, well above average (source:http://www.nhtsa.com/). As I have documented, the car did not score poorly in crash test results, here or abroad, and is the all-time best-selling Jaguar. Regardless of what someone may "think" about the model, it was built by Jaguar craftsman in a Jaguar plant in England. Is it an XJ? No. Did it's sales numbers fall after it's initial release? Absolutely, as have many others. Do these factors have any bearing on it's current "limited" value, as you put it. Absolutley not. All cars have "limited" value, but the unsubstantiated reasons you gave regarding the car were patently false, which is why you are acting so arrogant. You were caught red-handed looking like an uninformed boob. But it could be worse. You could be a New Yorker who works on Wall Street and due to incompetence and outright theft, have caused the largest financial crisis in this country since the Great Depression. You know where I work, you don't work on Wall Street, do you?
  • lemmerlemmer Member Posts: 2,689
    You are going to have a long row to hoe if you are trying to convince anyone here that the X-type is either a well-liked car or that it holds its value well.
  • mikefm58mikefm58 Member Posts: 2,882
    We need to send you to paragraph school, very difficult to read.
  • cdnpinheadcdnpinhead Member Posts: 5,617
    ". . .paragraph school."

    Excellent! There are any number of people on the various boards who could benefit from attendance.
    '08 Acura TSX, '17 Subaru Forester
  • longislander1longislander1 Member Posts: 112
    Boy, you really don't get it, do you?

    1. Do you run an auto dealership or are you in the armed forces? You're never going to get retail value for your car because you're not a retailer. (Duh!) Edmunds trade-in and private sale values, respectively, are $7,735 and $9,161. If you trade, you won't likely get that amount, because dealers don't use Edmunds. They use auction prices, such as Manheim, which tend to be even lower. When I traded my Tribute, Edmunds was around $9,000-$10,000 and the dealer offered me $8,500. I was suprised, but unlike you, I decided to do my homework and listen to others instead of hurling ignorant insults. As I recall, Volvomax had placed it at $8,000. You'll be lucky to get $7K on a trade and, most likely, less than that. (Volvomax, you do a great job in enlightening people. Maybe you can give this guy a realistic value for his trade.)

    2. The Duratec 2.5L in your car was developed by Ford in 1993 and, in addition to your Mondeo/Jaguar, was used in the American Contour, Cougar and other cars. Oh, by the way, I was wrong. The engine in my $22,400 Tribute -- now worth about the same used as your Mondeo/Jaguar that cost thousands more when new (and you probably paid a lot more than $29K+ with options) -- was not the 2.5L, but the more powerful 3.0L. This was the same engine found in the S-type, the model above your car. If you knew anything about cars, you'd realize that most manufacturers today develop components for multi-country applications. Your Mondeo/Jaguar is about as British as you are.

    3. Your Mondeo/Jaguar did not get a single five-star crash rating and side impact was "marginal." Unfortunately, it didn't have the build quality of the five-star-rated Subarus you criticize (made, by the way, by patriotic Americans in Indiana who pay the tab for you and others in Iraq). Many reviewers noted the cheapness of the X-type interior and other shortcomings in a car for this price.

    Bottom line: you didn't make a great choice in cars. Get over it and take your lumps like others do on this forum.

    I won't dignify your other smears about New Yorkers, other than to point out that NY Senator Chuck Schumer is the one who's asking tough questions on behalf of you, me and other taxpayers in this mess (created, no doubt, by people you probably voted for). When you leave the service, I hope you'll take your educational benefits -- that you get with my tax dollars -- and use them to acquire some manners and some knowledge. Based on your forum postings, you'll need them if you ever want gainful employment in the private sector.
  • Kirstie_HKirstie_H Administrator Posts: 11,242
    Value was requested, value was given. That's what this particular thread is for. There are a number of other discussions in which we can debate the merits of the X-Type in general (X-type discussions) and New Yorkers (off-topic chatter).

    MODERATOR /ADMINISTRATOR
    Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
    2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
    Review your vehicle

  • skylabskylab Member Posts: 37
    The wife is tired of driving a stick in Boston traffic jams. I'd like to keep it as it's been bulletproof since new and I'm sure isn't worth much to someone else, particularly with the manual transmission. Interior is squeaky clean, exterior fair with some highway rash on hood. Two visits to body shop over lifetime, both cosmetic. Moonroof, HK sound, leather, heated seats. Silver/black. Any realistic chance of squeezing more than $4K out of it at trade-in? If not, she can keep on rowing it. ;)
  • j1mbo01j1mbo01 Member Posts: 13
    I am not a car dealer, but I would put that one on Craigslist for 5k and see what you get. I bet you could sell it fairly quickly at that price, especially around the Boston Area. I might even want it for 4k! I'm in Somerville.
  • ateixeiraateixeira Member Posts: 72,587
    Snow in DC: the problem is we don't get enough that people here have experience driving in the snow, but we do get just enough so that those same people get themselves into trouble.

    I usually have to go to work, also, my work rarely closes and I don't want to take a day off.

    We've had a Subaru in our fleet for the past decade, and they've come in handy quite often.

    I actually have come to like snow because it means no traffic! :D
  • volvomaxvolvomax Member Posts: 5,238
    $4k on a trade is gonna be tough.
    I like the Craigslist idea.
  • volvomaxvolvomax Member Posts: 5,238
    X3 prices were running $2-3k below the X5 3.0's.

    RX330 AWD's are running $25-26k at the sale.

    Durango anywhere from $10-12k.
  • mateocarmateocar Member Posts: 1
    It's amazing how fast Craigslist works. I got 5 calls in 1 hour after posting there. Try it.
  • sanjaysdcasanjaysdca Member Posts: 269
    I second that...

    I sold my G20 in a day after listing on craig list...
    The newspaper ad (The Union Tribune in SAn Diego) did not result in any serious calls)
  • sandman46sandman46 Member Posts: 1,798
    Thanks for stepping in and stopping those "pissy" posts. We're supposed to be adults in here guys...let's "grow up" and move on!

    The Sandman :confuse:
  • cccompsoncccompson Member Posts: 2,382
    It does work when a vehicle is offered at a fair price. 5 would be a give away price for the Saab in question, especially with its low mileage. I'd ask between 6.5 and 7 if I wanted it gone fast.
  • mikefm58mikefm58 Member Posts: 2,882
    I too can attest to Craigslist as I sold my 99 CRV earlier this year in less than a week for the price that similar vehicles were going for on Autotrader.com. I think what drives the site is that it's FREE and is primarily used by individuals rather than dealers, which is what Autotrader has become.
  • explorerx4explorerx4 Member Posts: 20,723
    i recognise some words
    2024 Ford F-150 STX, 2023 Ford Explorer ST, 91 Mustang GT vert
  • millikin54millikin54 Member Posts: 9
    Great to know, thank you.
  • ateixeiraateixeira Member Posts: 72,587
    cars.com is a bit better, more of a mix of the two (private party plus dealers). They pickup the local for sale ads from the Washington Post, but of course it's much easier to search on-line.

    I've found AutoTrader is actually good for finding what new cars are in stock at some local dealers.

    So they can be useful - in the right context.

    My wife swears by craigslist, too.
  • mattandimattandi Member Posts: 588
    That's funny. My wife swears at craigslist. Not that she's mad at it. Just expressions of surprise. :P
  • ateixeiraateixeira Member Posts: 72,587
    A lot of classifieds end up being humorous. Unintentionally.

    For instance what some people consider "Excellent condition" is laughable.
  • sealbeachsealbeach Member Posts: 9
    Location: Seal Beach CA, 90740
    Year/Make/Model: 2007 VW GTI
    Body Style: 2dr
    Engine: 2.0T, 4 cylinder, auto/DSG
    Driveline: FWD
    Mileage: 24000
    Color: ext: Tornado Red, int: Anthracite leather
    Major Options: autobahn package with navigation, 17' alloys, sun roof, heated seats, dual AC
    Condition: No dings or scratches, 95% freeway miles
    Tires 85% tread left
    Brakes excellent condition
    Scheduled maintenance carried out by VW dealer.

    Thanks!
  • almattialmatti Member Posts: 164
    Location: Westchester Co., NY
    Year/Make/Model:2001 Nissan Pathfinder 4WD LE Model - fully loaded
    Body Style: SUV - 4Dr
    Engine: 3.5 liter
    Engine: 4WD]
    Mileage:108K
    Color: [Major Options: Sand Beige, Moonroof, Power Everything, heated mirrors
    Condition:Good(some small dings and body marks)
    Details of interior and exterior, including dings, scratches etc.
    Tires - Michelin LTX - All Season M &S, 25% tread remains
    Brakes: Good
    Maintenance: All fluids changed (including Tranny and transaxle - oil every 3-5K
    Other: No Accidents, excellent running condition, excellent Radio/6 Disk CD chnager,
  • volvomaxvolvomax Member Posts: 5,238
    Figure $17-18,000
  • volvomaxvolvomax Member Posts: 5,238
    $5-6,000
  • j1mbo01j1mbo01 Member Posts: 13
    I am thinking of trading in a 2006 Grand Cherokee.
    Laredo 4wd.
    Black on tan cloth both interior and exterior in great shape.
    4.7 V-8.
    Towing Package
    Stability Control
    Located in Boston MA
    Any input?
  • jbone108jbone108 Member Posts: 11
    Miles?

    I'm no expert but have been shopping for a Grand Cherokee or Commander.
    Trade should be 12-13
  • woodywwwoodyww Member Posts: 1,806
    um, miles on the vehicle?
  • j1mbo01j1mbo01 Member Posts: 13
    sorry, 35000, Thanks. All factory maintenance is up to date and tires have about 50% tread left.
  • volvomaxvolvomax Member Posts: 5,238
    jbone's correct, should trade in the $12's.
  • Kirstie_HKirstie_H Administrator Posts: 11,242
    A reporter from a national newspaper would like to speak to consumers who either had trouble getting their auto financed or were unhappy with their finance rate because of the current economic conditions . If you are an unhappy consumer, please respond to ctalati@edmunds.com with your daytime phone number by Wednesday, October 1.

    A reporter from a national newspaper would like to speak to consumers who are delaying their new car purchase because of the current economic conditions . If you are delaying your new car purchase, please respond to ctalati@edmunds.com with your daytime phone number by Wednesday, October 1.

    MODERATOR /ADMINISTRATOR
    Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
    2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
    Review your vehicle

  • crustercruster Member Posts: 3
    Tacoma, WA
    2007 Toyota Tundra SR5
    4.3L V8, AT
    2WD
    9,100 miles
    Silver
    SR5 pkg. includes PW, PDL, A/C, power mirrors, remote entry, MP3 CD, AT, cloth bench seats with fold-down console, CC...also has cold weather package (heated side mirrors and windshield wipers), bed cargo mgmt. system, and spray-in aftermarket bed liner (Line-X)
    Truck is all but new; plastic pan behind seats (cargo area) is a little scratched up from groceries sliding around, but no other issues inside or out. Had 5,000 maintenance at dealer. No surprises.

    Thanks in advance.
  • explorerx4explorerx4 Member Posts: 20,723
    typo on the engine size?
    2024 Ford F-150 STX, 2023 Ford Explorer ST, 91 Mustang GT vert
  • gouldngouldn Member Posts: 220
    I just test drove a 2005 bmw 545i and I liked it (big surprise eh)?

    This one is non -cpo, 30K miles, white, loaded (sport+premium+cold+nav+premium audio). They're asking 31K I'd rate the condition as very clean, tires have less than 10K on 'em. ... what would be a reasonable offer?
  • corvettecorvette Member Posts: 11,272
    Automatic or handshaker?
  • crustercruster Member Posts: 3
    Gosh darn it - yes. It's the 4.7 V8, not the 5.3 V8.

    Thanks.
  • gouldngouldn Member Posts: 220
    Sorry, I should have been more specific:

    The 545 was an Automatic

    Options were Cold Weather + Sport + Premium + L7 sound + Navigation.
  • volvomaxvolvomax Member Posts: 5,238
    $12-13,000
  • volvomaxvolvomax Member Posts: 5,238
    Wholesale is @ $25,000

    Should be able to get it in the high $20's.
  • scottinkyscottinky Member Posts: 194
    I don't love my Honda. It does a great job at what it is designed to do, but I want a Passat Wagon.

    2008 Honda Odyssey EX-Lw/RES
    8800 miles
    lease for 36mo, got it in feb of 08
    silver w/grey leather
    tires great
    one service by dealer
    right front bumper has a scrape in it, $520 to fix, couple of dings which can easily be fixed by the dent wizard. Everything else is fine. Not sure what I owe in or aroud 30K as a buyout.
  • gouldngouldn Member Posts: 220
    Thanks! I think I'll offer 27K and see what happens.
  • volvomaxvolvomax Member Posts: 5,238
    Well, you are a little upside down. Van's worth @ $26,000 on a trade.
  • volvomaxvolvomax Member Posts: 5,238
    Thanks! I think I'll offer 27K and see what happens.

    I was thinking more like $28-29000, but let us know how you make out!
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