Real-World Trade-In Values

volvomax · January 2009

That is certainly the wrong VIN.
I noticed that none of the pictures showed the VIN plate, so who knows what the VIN truly is.

The wheels are correct, they were the standard wheel for the T5 that yr.

volvomax · January 2009

Acura dealer showed you $12k. Chances are they overallowed on your car.
Still, if you are happy w/ the bottom line that is all that matters.

volvomax · January 2009

Volvo's geartronic transmissions, unlike most everyone elses, do not self shift if you hit redline.
However, I seriously doubt the wisdom of racing a 94,000 mile car.

qbrozen · January 2009

No wisdom needed in racing.

Its just autoX. The thing that gets punished most is the tires.

So what about a value?

I'm prefer to hold out for a 5-speed, of course, but we know I could grow old and grey before that comes along.

suspendmix · January 2009

Ya, thats what I thought but I got the MDX for only $100 more than the quote I got from the other Acura dealerships last month. No complaints here but I'm still wondering how or why they took it although I just checked their website and my car is listed (no price yet), along with 33 other S40s with selling prices ranging from $14.9k to $21k...

stickguy · January 2009

fyi, fitzmall has another '01 T5 with 85K on it. Looks nice (blue over tan).

Even better, they have a 2005 Saabaru 9.2x. Black, with a 5 speed. Believe it is the non-turbo model. Only about 10K IIRC, with 65K clicks on the odo.

That seems like it should be a nice little auto-x rat mobile.

explorerx4 · January 2009

the s40 is a kissing cousin to the mazda 3. so i'm guessing the used values are in the same ballpark, although they were priced quite a bit apart new.

beach15 · January 2009

Need some real world trade in figures on this new-new Malibu, with 2500 miles. Love the car, really, but still miss the RWD and V8 of a last car...looking at used/certified 2008/2009 Pontiac G8 GT's as a potential trade.

Location: Southern Delaware
Year/Make/Model: 2009 Chevy Malibu 2LT V6
Body Style: 4-door sedan
Engine: 3.6L/6-speed auto with TapShift
Driveline: FWD
Mileage: 2550
Color: Summit White/Cocoa-Cashmere UltraLux suede
Major Options: HF V6 package, power sunroof, premium mats & net, rear power package & window shade
Condition: Basically a new off the lot car, with no marks or wear and still strong "new" smell all over.

Trade, guys, for a car that's otherwise just off the lot with 2500mi on it?

qbrozen · January 2009

thanks, sg.

the volvo is a bit pricey for my taste. and no way i'd buy a non-turbo saab (or subaru, for that matter).

well.... hmmm... maybe a impreza 2.5RS?

volvomax · January 2009

Trade in @ $4000
Retail @ $8000

volvomax · January 2009

Dealership has 33 used S40's???

It's possible that Acura had an end of year bonus for their dealers.
Maybe a unit bonus or other incentive.
It's pretty rare that a dealer will step way all over a trade well above what appears to be the market value.

volvomax · January 2009

Figure somewhere @ $15,000

qbrozen · January 2009

thanks again.

ateixeira · January 2009

Someone called? I'm the Subaru Crew founder and community leader.

That is a nice car, 2006 was a good year because it got some safety upgrades that boosted the side impact scores significantly from 2005.

It's only 2-3 years old and Subies hold their value. I was just in the Impreza threads and lease residuals for a 3 year lease were close to 60%.

Those were $25k or so new, and 60% of that is $15,000, right on target with Volvomax's wholesale estimate. That would be with 36k miles, though.

The price is fair, not low, but fair.

Having said that...does he really need to have a Limited? Because he can find a brand new Legacy SE (Special Edition) with most of that equipment for a little over $20k, so he may want to consider a new SE model. Those are a great value.

The Limited package adds leather, seat heaters, wiper de-icers, heated mirrors, and a 6CD changer. But give that up and you get a car 3 years newer for almost the same price.

Basically what I'm saying is that the SE package is a better value than the Limited package. But if he insists on heated leather, we love our 2009 Forester Limited.

geekay · January 2009

Hi, I just got my Porsche Cayman S (2006, 9500 miles, 6CD, Bose, Htd Seats) appraised at Carmax and by another dealer, came in at 31500 and 29000 respectively. Clean carfax, clean inside and out, ns, np, no accident. tree branch scrape top right fender touched up well. How can I do better? Thanks, gk

bismarck · January 2009

I would guess middle of winter in Maryland has alot to do with it... From a different source, here are recent Cayman S sales at Manheim:

06 Porsche Cayman S

12/09/08 FAAO Lease $27,500 17,927 Below BURG 6G 6 No
12/05/08 RIVRSIDE Lease $35,300 16,146 Avg BLACK 6G 6 Yes
12/04/08 RIVRSIDE Lease $38,000 4,614 Above BLACK 6G A Yes
12/04/08 RIVRSIDE Lease $33,500 12,613 Avg BLACK 6G A Yes
12/04/08 RIVRSIDE Lease $28,500 13,476 Below SILVER 6G A No
12/04/08 RIVRSIDE Lease $28,000 37,477 Below RED 6G 6 Yes
11/25/08 DFW Lease $28,500 16,722 Below SILVER 6G 6 No

Hope this helps.

skopiec · January 2009

Hi considering the following car and wondering what a realistic price is:

2002 BMW 525i
Wagon
5 speed - (never seen a manual wagon)
34K Miles
Pretty much the standard options - leather, roof, etc - not a sport package car
Fantastic condition - clear carfax. original owner, all records
Dark blue ext / grey int
Arizona

Thanks!

sbuhler · January 2009

I would like to get a realistic auction value on the following. The vehicle is new and has never been titled. It has been sitting on a small rural dealer's lot for almost two years.

2007 Dodge Ram 1500 MegaCab SLT 4X2, 5.7L HEMI, 3.73 Rear Axle
Typical Options, Tow Pkg, Upgraded Wheels, etc. MSRP is at 35,300
Location: Southeast Louisiana

Again it is brand new, but I am curious what low mileage similar vehicles are being auctioned for to give me an idea of what I should be aiming as an offer price.

Thanks

woodyww · January 2009

Sounds sweet--ridiculous low miles, stick is scarce I think, nice color. Too bad no SPP, but still. What are they asking?

skopiec · January 2009

Asking 11400 - not sure how flexible yet.

ilmbg · January 2009

Sorry, but I don't have the car yet-
I am looking for a Mercedes/Volvo station wagon- older- 1985ish.
I need the engine to be in good shape, the body does not matter.
I know it is hard to give an answer, but approximately how much would a car run? I would assume it to be one of the less expensive models.
Local car dealer said around $600-$1,000.
I am not looking for a 'classic' type car.
Thanks

beach15 · January 2009

Whoa. I figured not too high, but that's even quite a bit lower than a friend with an '08 LTZ and 5k miles just got out of his at $18k. Better to think about such a low ball in the first place, and lower reality a bit anyway I guess. The same car "new" would be around $22.5k or so now with discounts, so 2500 miles I figured would drop it high teens.

But, alas, it depends on the dealer, area, and specific case, as always.

woodyww · January 2009

11400?? US$$, not British pounds? Dude, you need to be there like, yesterday, with a briefcase full of 114 $100 bills. Don't negotiate, or fool around, just pay the man his money & get the title & the car. This was a $50K car, & it's barely been used.....I was thinking, more like $15K+......

2002 BMW 525i Wagon
5 speed 34K Miles Fantastic condition - clear carfax. original owner, all records

tidester · January 2009

you need to be there like, yesterday, with a briefcase full of 114 $100 bills.

114 $100 bills will easily fit into a standard business enevelope. Save the briefcase for when you get that great deal on a yacht.

tidester, host
SUVs and Smart Shopper

roadburner · January 2009

Like the title said, I'd like trade and retail values. Both cars are located in Louisville, KY
The Trade:
2007 Mazdaspeed3
Wagon
2.3 Turbo Four/Six Speed Manual
FWD
30,000 miles
Blue Gray Mica/Black
Grand Touring Package(Includes leather, xenons, Bose-yuck!-stereo w/six disc changer), Wheel locks
Excellent condition, no dings or chips Factory powertrain warranty to 60K miles.
Tires have only 5000 miles on them
Brakes 50% worn
Maintenance current(5K mile synthetic oil changes + all Mazda recommended service)

The Purchase:
2003 BMW 540i
4-Door Sedan
4.0 Liter V8/Six Speed Manual
RWD
75,000 miles
Topaz(medium) Blue Metallic /Gray Leather
Premium Package, Sport Package, Cold Weather Package(heated seats, headlamp washers, ski pass-through), xenons, aftermarket(Borbet- an excellent brand) wheels.
Exterior/Interior look almost perfect
Tires @25% worn
Brakes- wear unknown
All maintenance is current- I assume...

Thanks for any and all help!

marys236 · January 2009

I would like to get the trade in value on a '06 Honda Accord Sdn, auto, EX-L 4cyl, gray/black, 45k, in OKC, Okla. Excellent condition. Tires are only 2 mos old, well maintained. TIA.

geekay · January 2009

Thanks, I guess I will hold off and enjoy the coming summer in the Cayman, gk

ateixeira · January 2009

Just be careful - it almost sounds too good to be true.

If you pass let people here know, maybe someone else will be interested.

longislander1 · January 2009

As an '05 Boxster S owner, I've been shocked by the abysmal resale value of some Porsche cars. There may be another factor at work here that goes beyond the weather and the economy. Some Porsche forums are buzzing about reports of low-mileage engine failures -- even among 987-series cars built from 2005 on. I've seen reports of failures as low as 6K miles and, from what I've read of those reports, owners whose cars are out of warranty can get stuck with engine replacement costs that can run from the teens to around $20K (sometimes as much as or more than the value of the car itself). One guy reported two engine failures on different Boxsters that he owned and chose not to go for a third. Some owners, such as myself, whose cars are nearing the end of the factory warranty, are trying to decide whether to buy an extended warranty that can cost several thousand dollars (beyond the already high original purchase prices for these cars). If all victims were appropriately compensated and other owners received a warranty extension, it might go a long way toward preserving resale value.

woodyww · January 2009

Just be careful - it almost sounds too good to be true.

Like, it's been in a $12K accident that didn't show up on carfax. Or one of those bmw paint damaged cars--I almost bought a '99 or 2000 e39 that turned out to be that. Or the OD was replaced.

Or the owner is clueless. Or e39 wagons not popular in AZ? (???)

I still like the briefcase idea tho--even if you had to fill it with $10's or $20's to fill it up.....

Kirstie_H · January 2009

A reporter from a large national newspaper would like to talk to consumers about why they chose the vehicle they purchased. If you are interested in speaking to the reporter, please contact ctalati@edmunds.com no later than January 16, 2009.

kyfdx · January 2009

Not to step on anyone's toes who might feel differently.. but, the E39 525i wasn't all that popular.. With just 184 hp to push it around, it wasn't exactly a speed demon...

Not that it wouldn't be a great car, but I see why it's valued that way...

regards,
kyfdx
visiting host

qbrozen · January 2009

I was thinking the same thing. An underpowered grocery getter with a handshaker? Folks aren't beating this guy's door down, regardless of how the select few enthusiasts feel about it.

skopiec · January 2009

Seems legit - took a look this weekend. No signs of paintwork, etc. Guy has all of the original paperwork, sticker. Beautiful car and it drove like new.

Judging by the guys house and other vehicles, I think he just wants to make it go away. It's been replaced by a E350 Merc, that according to him "they were giving them away" Good thing he still had space in his 4 car garage.

Too bad I was the second one there

Hopefully the first interested party changes their mind/falls through.

cdnpinhead · January 2009

This is a car that I'd normally be very interested in, and I live in the Phoenix area.

Sounds good -- hope it works out for you.

volvomax · January 2009

Doesn't matter what the auction price is.
If the dealer wanted a loss like that, they would have taken the car to the sale.

volvomax · January 2009

Volvo wagon likely will be cheaper than the Benz.
Everyone thinks their Benz wagons are worth all the money.

Still, I doubt you will find a good car for under a grand. You may have to spend $3-4,000 to get a good one.

volvomax · January 2009

Figure $12-13,000 on the Mazda.

Retail on the bimmer should be close to the same.

volvomax · January 2009

The thing to keep in mind is that most dealers will overallow on a trade rather than tell you the truth.
It's rule #1 whan dealing w/ someone who is proud of his trade.

volvomax · January 2009

The ONLY Porsche's that routinely have good resale are the 911's.

ateixeira · January 2009

I'm the target buyer and I have those exact same fears.

I have a Miata now and I'm looking to move up (probably to a new or close-to-new Miata, but a roadster for sure).

I don't think I'd even consider a Boxster that wasn't under warranty for a very long time, at least 3+ years. And I'm not sure I'd own it beyond that point, either.

And the funny thing is my buddy owns one and I love it.

Still, I just have this gut feeling that ownership costs would be 4 times what they'd be for my Miata.

roadburner · January 2009

Thanks, volvomax. So I'm pretty much on track thinking that the Mazda + $2000 is a reasonable offer?

roadburner · January 2009

Still, I just have this gut feeling that ownership costs would be 4 times what they'd be for my Miata.

I know what you mean; I lust after a 993.
That said, my Mazdaspeed3 is proving to be less reliable AND more expensive to run than my 1995 3 Series. :mad:

volvomax · January 2009

Thanks, volvomax. So I'm pretty much on track thinking that the Mazda + $2000 is a reasonable offer?

It SHOULD be.

ilmbg · January 2009

Ok- that sounds good- sort of what I was looking at. Thanks.
I have been looking at Auto Trader, Edmunds, Car Max. The ones on Ebay seem to be newer. Any other sites you can think of? It sounds stupid, but I would like a cream/yellow or white car.
Thanks for your time.

qbrozen · January 2009

Doesn't matter what the auction price is.
If the dealer wanted a loss like that, they would have taken the car to the sale.

just to speak up in sbuhler's defense, he didn't say he would offer trade-in value, only that he wanted to know what it was to base negotiations on.

Personally, I'd do the same thing. Find out trade-in, factor in profit/markup, and factor in the 0 miles factor. So we could be talking an extra $3k-$5k than if the dealer took it to auction themselves.

Not to say your assumption is incorrect, vmax. The poster certainly COULD be looking to offer flat trade-in value. But we probably shouldn't assume that. Benefit of the doubt and all.

roadburner · January 2009

It SHOULD be.

Thanks!

corduroy_gt · January 2009

I want to trade my 2006 GTO for 09 Acura RDX
I have 34.5k miles, manual transmission with brand new clutch
18" wheels, silver with red interior
Car's in good condition a couple of scratches that buffing didn't take out on the right door.
I owe 18k on the car, how much will I lose when I trade it in? I was hoping not more than 3k to get rid of it?
No accidents but I had both my side windows replaced due to attempted theft.

Thanks

volvomax · January 2009

Try Craigslist.

volvomax · January 2009

the fact that they still have an 07 on the lot after all this time leads me to believe that any negotiation based on auction prices is doomed to failure.
Dealer is probably hoping for a rube to take the truck.
My advice is to look for an 08.

Real-World Trade-In Values

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