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Real-World Trade-In Values

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Comments

  • mdcruiser78mdcruiser78 Member Posts: 2
    I do drive alot, my last car had 75k in 3yrs lol :) Thanks, that's what I was afraid of.

    KBB says $10k for the car, but I guess the market being so bad kinda blows the bottom out of values though. :(
  • volvomaxvolvomax Member Posts: 5,238
    Yeah, $10k for a 60k Mazda 6 isn't realistic.
  • clm8clm8 Member Posts: 75
    Thank you.
  • joem5joem5 Member Posts: 201
    2.0 liter
    Auto 4 spd /cc
    moonroof
    rear lip spoiler
    2 sets of tires
    alloys
    Galaxygray/blk
    clear masked hood
    Scarborough, Maine
    Mint Condition Purchased May, 29.08
  • stickguystickguy Member Posts: 53,330
    Should be a slam dunk for VMax!

    2004 XC70. Super clean, all records, new tires. fully serviced and needs nothing (reportedly). Loaded with the normal stuff, + boosters and Xenons.

    CPO until early 2010. Currently has 80,000 miles on it.

    What would something like this "front line ready" be worth on a trade, and reasonable for a private sale?

    In the greater Philly area.

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

  • volvomaxvolvomax Member Posts: 5,238
    Man the 80k just kills you.
    Figure a trade in @ $8-9000
    Private party $11-12k
  • alex07631alex07631 Member Posts: 9
    Hi, this is my story

    North Jersey
    2004 Honda Accord LX
    4dr
    2.4 Auto
    FWD
    108,000 :(
    charcoal grey / grey
    small gash on hood courtesy or rt80
    3k body work when car was hit while parked 4 yrs ago, all OEM parts
    tires 80% worn
    new front pads, new battery
    all service done on time at a local shop
    Drives like the day it left dealer

    thanks
  • delthekingdeltheking Member Posts: 1,152
    The Accord has a good resale value.

    But no dealer will agree that it --Drives like the day it left dealer,,that is you are saying it drives like new-- How`s it possible??--3k worth of body damage work, tires 80% worn , new front pads, new battery-- it just cant drive like new.It`s a 100k mile car.No 100k mile car can drive like it just left the dealer.Plus if u are driving it in New Jersey,,then there is so much rust and salt on it.
    So how can u say it drives like new with all those replaced and used parts? :shades:

    So average to fair exterior and interior trade in values apply.Plus if the damage is on carfax ,trade value goes down.

    Volvomax can give a better estimate.
  • volvomaxvolvomax Member Posts: 5,238
    I agree w/ del, it's not a really desireable car from a dealer standpoint.
    Probably a $5k car on a trade. Assuming the Carfax is clean.
  • 0017tristan0017tristan Member Posts: 3
    2007, S60R. Red, sunroof, automatic. 12,750 miles. Not a single ding, scratch, or anything. Pristine.

    Thanks for your help!!
  • aj4caj4c Member Posts: 5
    Hi, I was hoping you could give me the trade in value for my 2006 Mini Cooper located in the Boston area:

    Red/ white roof
    Automatic
    Stability Control
    Ipod adaptor
    45,000 miles

    The interior is clean with no blemishes, and the exterior paint is still shiny with the only noticeable imperfections being some small paint chips on the hood from road debris

    Thank you!
  • volvomaxvolvomax Member Posts: 5,238
    Figure @ $20,000 on a trade.
  • volvomaxvolvomax Member Posts: 5,238
    Should bring $11-2,000
  • Kirstie_HKirstie_H Administrator Posts: 11,242
    I'm surprised it's that low. Thought they had a fabulous re-sale value. If it's that low, seems like a good deal for anyone who wants to own one but can't afford new.

    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

  • kyfdxkyfdx Moderator Posts: 265,440
    Base model..

    45K big miles... warranty done in another six months, plus free maintenance has expired...

    Plus... who can buy for trade-in? At a dealer, they'll be asking $13,900, selling for $12K..

    On a car that you can buy brand-new for $21K-$22K... with 4 years of warranty and 3 years of included maintenance...

    That's just my take on it.. :)

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  • glisellergliseller Member Posts: 1
    2006 Jetta GLI - sedan
    Package 2 - gray leather interior, sunroof, dual climate control, dsg transmission (automatic with paddle shifters etc), 6 disk cd changer, 17x7 alloy wheels, exterior is platinum gray
    43,000 miles
    Engine: 4 cylinder 2.0T - 200bhp - 207lb ft
    FWD
    Tires are probably less than 7% worn
    Red brake calipers- great braking
    Blacked out emblems
    Paint work on rear right panel where friends mom hit the car. The majority of the dent was removed. Also there is a dent about the size of a quarter over the drives side door on the cross bar thing. There are tiny chips in the paint (not very deep) from debris on the road.
    All maintenance has been done up to date. The car is taken in whenever anything is suspected to be wrong. I am sort of obsessive about keeping my car like new. The car really runs great. My dad has an IS350 and i honestly believe that the GLI drives way better than his Lexus. The other day i spent 8 hours detailing it, so yea.
    What would a trade in value be for this car?
    I paid about 23,000 for the car in 2007.
  • delthekingdeltheking Member Posts: 1,152
    My guesstimate would be 10 - 11k.

    Volvomax could give u a more accurate estimate.
  • volvomaxvolvomax Member Posts: 5,238
    I'm surprised it's that low. Thought they had a fabulous re-sale value. If it's that low, seems like a good deal for anyone who wants to own one but can't afford new.

    6 months ago they did have great resale. Along w/ everything else that got good gas mileage.
    Now,things are different.
    Plus,it's a miler.
    Everyone wants a low mile Mini.
  • volvomaxvolvomax Member Posts: 5,238
    Figure @ $11,000.
  • sbuhlersbuhler Member Posts: 123
    Looking for an upper end auction value on the following:

    2004 Ford Escape XLT 2WD, V6, Leather, Tow Pkg, No Boundaries Package, newer tires, Not a scratch
    71,000 Miles
    Southeastern Louisiana

    Thanks
  • volvomaxvolvomax Member Posts: 5,238
    Realistically a $5500-6000 truck.
  • mikefm58mikefm58 Member Posts: 2,882
    Realistically a $5500-6000 truck.

    Wow, that's what I sold my 9 yr old stripped down Honda CRV with 140K miles on the ticker.
  • ousi00ousi00 Member Posts: 2
    Location: Vancouver, BC, Canada
    2009/Toyota/Corolla XRS Auto (Bought in mid-Oct, 2008)
    Body Style: 4dr
    Engine: 2.4L, Auto
    Driveline: FWD
    Mileage: (Estimate) 12k km
    Color: Silver/Black
    Major Options: Sun roof (standard on Canada model)
    Condition: Usual wear-and-tear
    Other: 4-year ECP plan.

    I'm asking about the resell value at around November/December this year, as I need to estimate the money I will need to early terminate the lease.

    Thanks.
  • dd540dd540 Member Posts: 14
    Chicago
    2004 Honda Civic VP
    2 door coupe
    4 cyl
    automatic
    34,000 miles
    Black int., black ext.
    Condition: Good/Fair, scrapes on front and rear bumpers, paint needs wax/buff, some scratches, interior needs a good cleaning, (non-smoker)
    Tires have about 5-10,000 miles left
    Brakes were recently serviced with new pads
    Normal maintenace and oil changes
    No accidents

    What can I expect to get as a trade in value? private sale?
    Thanks for your help.
  • mikefm58mikefm58 Member Posts: 2,882
    I'm asking about the resell value at around November/December this year, as I need to estimate the money I will need to early terminate the lease.

    There are no crystal balls here.
  • Kirstie_HKirstie_H Administrator Posts: 11,242
    As mike mentioned above, it is simply not possible to estimate what the resale value of your vehicle will be in 8 months. There are a multitude of unknown factors that could influence it greatly between now and then - gas prices, the overall economy, the condition of your vehicle at the time (what if you have a wreck?) and overall demand for your vehicle and vehicles in general.

    The best that anyone can do is give you a ballpark on the value of that vehicle today.

    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

  • chloe_6chloe_6 Member Posts: 10
    Hi,

    Looking for some help on a purchase of a 2007 BMW 328xi...

    Certified Pre-Owned
    4dr Sedan
    DOHC 24V I-6 3.0L, Automatic Steptronic transmission
    AWD
    17,350 miles
    Black/Black
    Premium Pkg (leather, power seats, BMW assist)
    Cold Weather Pkg (heated seats, mirrors, etc)

    clean carfax
    Atlanta, GA area

    Thanks!
  • mchappellmchappell Member Posts: 52
    Looking for trade-in value:

    2007 Saturn Outlook XR AWD
    Chicago suburbs (60707)
    3.6L 6cyl
    21000 miles
    Ext: Charcoal Grey Int: Black
    Options:
    Convenience pkg (power gate, rear park assist, remote start, heated wiper fluid, 115v outlet)
    Advanced audio pkg (rear controls, 6 disc)
    Enhanced convenience (power driver/pass seats, memory seats/mirrors)
    Leather seats w/heat
    Trailering pkg
    Couple of parking lot dings; no accidents/repairs; tires 50%
    Thanks,

    Mark
  • volvomaxvolvomax Member Posts: 5,238
    Probably a $6000 car for a dealer.

    Better off selling it privately.
    Could see $8-9,000 easy.
  • volvomaxvolvomax Member Posts: 5,238
    Figure $22-23,000 trade.
  • delthekingdeltheking Member Posts: 1,152
    Trade in my Guesstimate would be 22 - 23k.

    So,CPO 3-4k more.So,CPO value between 25k-27k.

    Volvomax can give a more accurate estimate.
  • explorerx4explorerx4 Member Posts: 20,719
    i never make it easy for you.
    i found a new 04 lincoln ls lse (msrp 48K).
    what do you think?
    2024 Ford F-150 STX, 2023 Ford Explorer ST, 91 Mustang GT vert
  • rprossilrprossil Member Posts: 62
    I am considering trading up to a newer model before I have to start replacing parts for the second time around and happened on a low mileage used 2008:
    Potential Trade In:
    Chicago, IL Suburbs
    2003 Honda Element EX AWD
    2.4 L automatic
    AWD
    72,000 miles
    Dark Blue Exterior, Blue/Gray Interior
    Factory Equipment plus Honda Side Steps, Remote Locks
    Aftermarket Remote Starter
    Good Condtion, minor scuffs on plastic bumpers and interior of tailgate hatch, driver's seat upholstery starting to show wear.
    Tires have 7-10,000 miles left, all maintenance is current.
    Brakes done at 55K miles.

    Looking to trade for:
    2008 Honda Element LX AWD
    2.4 L automatic
    Kiwi Green Metallic (Bright Green) exterior, gray interior
    6,000 miles
    All factory equipment

    The 2008 is on the used lot of a smaller domestic dealership - I'm curious to see how motivated they are. Thanks.
  • denvermikedenvermike Member Posts: 3
    Denver, CO
    2006 Chevy Silverado 1500
    Crew Cab / Short Bed
    Engine: 5.3 L
    Four Wheel Drive
    Mileage: 63,000
    Silver / Gray
    Options - Z71 offroad, nerf bars, hard tonneau cover, LS1
    Condition - Good overall, tires have 5,000 miles on them, normal wear no accidents.

    Any help on trade in and private party is appreciated.

    Mike
  • volvomaxvolvomax Member Posts: 5,238
    What do I think?
    I don't like Lincolns.
    Otherwise,I don't have enough info to give you a value.
    A "new" 04??
    How many miles??
  • volvomaxvolvomax Member Posts: 5,238
    03 Element is stronger than I thought it would be.
    Figure $7-8k

    You are probably looking at high teens for the 08.
  • qbrozenqbrozen Member Posts: 33,733
    do you mean its never been title?? Its been sitting for 5 years??

    And what about options? Was LSE a fully loaded V8? I can't remember.

    '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

  • delthekingdeltheking Member Posts: 1,152
    This is very surprising.
    An `03 Honda Element has a higher resale value than the 03 Accord or 03 Odyssey or 03 Civic.
    I never thought Element had such a strong resale value.
  • rprossilrprossil Member Posts: 62
    Thanks - on the '08 how high is "high teens"? Looking at the edmunds and some of the ones for sale online, I was thinking something in the $15-$16K range for the '08 LX? Or do you think I'm too optomistic?
    Thanks.
  • volvomaxvolvomax Member Posts: 5,238
    Yup, I was surprised too.
  • volvomaxvolvomax Member Posts: 5,238
    $15k is about wholesale. I'm thinking $18k or so.
  • rprossilrprossil Member Posts: 62
    Thanks - I guess I may have to push for the high end on the trade and stretch a little on my end, but the trade number sounds good.
  • tapestapes Member Posts: 5
    Hello all. I wanted to see if anyone could help me out with current wholesale values of the following vehicles. After talking myself out of a CPO BMW, I am settled on purchasing on either a Volvo S60 or Volvo S80. This is what I currently have on the table (Mid-Atlantic Region):

    2007 Volvo S80 FWD
    15,000 Miles
    Leather / Moonroof
    Clean
    Asking Price: $24,000

    or

    New 2008 Volvo S60 FWD
    Less than 200 Miles
    Leather / Moonroof
    New-Condition
    Asking Price: $25,000

    Thanks for your help!
  • mrashy2004mrashy2004 Member Posts: 15
    Hi,

    I priced my 06 Sienna XLE Limited with AWD and Nav and DVD entertainment center with 58,000 miles at Edmunds and it came back at clean trade in value of $20,500.

    When I go to the dealers for the trade, I am being offered anywhere from $14,500 to $17,500.

    Is this fair? I mean if Edmunds says $20,500 why am I not see this when I go to the dealers. Please any thoughts would be appreciated.

    Thank You
  • volvomaxvolvomax Member Posts: 5,238
    Thats a good price on the S80.
    wholesale is @ $21,000. Add recon and the warranty and you don't have much, if any room.

    Wholesale on the S60 doesn't matter because its a new car,not a used one.

    Between the two, I'd go for the S80.
  • volvomaxvolvomax Member Posts: 5,238
    Once again,Edmunds doesn't buy cars. Also, their numbers don't update frequently enough to be really useful.
    Having said that, $14,500 seems really low. $17,500 sounds more realistic.
    Almost 60k on an 06 is a BUNCH of miles. Dealers will always hit you hard for that.
  • mrashy2004mrashy2004 Member Posts: 15
    Thank You for your thoughts. I think what upsets me is that when I went to one dealer, they said $19,500 but then when I went back, they said they made a mistake and that the trade in is $16,500.
  • student22student22 Member Posts: 33
    I Would like the trade in value on the following.
    2004 Mercury Monterey Minivan FWD
    Package has captain chairs front and middle
    tilt,cruise,cloth seats, PW,PL
    Dual air front and rear
    3rd row fold down seats
    Manual sliding doors
    2 tone black with silver
    Zip code 73701 Oklahoma
    46,000 Miles
    4.2 Liter V6
    Convenience package with standard options
    Aftermarket DVD
    $1500 Hail damage never repaired on Top
    Interior is average
    Scratches on the body
    a few scuffs in bumper
    All Maintenence records
    new coolant, belt, filters
    4 Goodyear assurance tires 80+%
    Brakes are 60%+
    Runs fine
    Thanks
  • bvdj84bvdj84 Member Posts: 1,724
    You get that all the time. They get you all excited, then lower it down, because they realize, wow, I think we offered too much!
  • qbrozenqbrozen Member Posts: 33,733
    Unless the S60 is a T5 (which I don't believe it to be), I'd also go with the S80. That's alot of car for the money!

    '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

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