Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/25 for details.
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I'm telling my mommy, you did that ...
Terry.
Yeow.. I'm thinkin' low $15's, high $14's .... nice vehicle though.
Terry.
1996 Maxima GLE
white on tan leather
100K miles
all the typical GLE goodies
roof, in dash CD, almost new Michelins
Pretty good condition - seen suburban care
In Atlanta
Numbers please?
Thank you much.
It's the right color, for all those Georgia Peaches ....
But, the miles are Just to high ...so he get's no help there --- if it's nice and clean, this vehicle will do in and around ... $3,500++ .. maybe more. People are not afraid of high mileage Maxima's if they are clean ..
I hope this helps ...
Terry.
allroy: Funny that you have a blue Jetta with black leather when I asked the dealer about that combo they laughed and said that noone would be able to find that color combo.
I had another question for all of you and I am sorry of it is inapproporiate for this thread: what would lose value quicker (in 3-5 years on a trade in) a 2002 Explorer a XLT, Limited, or an EB? (all 4x4, all V8)
I wasn't picking on the vehicle ... actually, the vehicle would be worth about $5/$6/$800 more up north, because of the color... go figure..
XLT... in that order..
Terry.
Even in the day of the new "Super" vans .. this little dude still has some value (dual air ..right ..?) ....IF, it's clean.. all the service records ..TURBO checks out, tires are newish -- looks like a 99 ...
You could see an easy $5,000+ on the wholesale side... "maybe" more ... that's a maybe. On the retail side, $7,500..
I hope this helps ...
Terry.
They may be quirky but I still believe they are the best van around as far as versatility....
My old 1993 has 202,000 miles & its still running strong.
I'd like to sell the Supercharged one because a new supercharger is close to $3K parts price at a dealer....I had the s/c serviced but I'm still concerned about it...
TP
Thanks for the info on the Explorer, it definately helped me to decide which one to get!
allroy: I knew the dealer was full of it because their website listed it as a color combo. He also told me that they don't discount VW's because they are a premium brand. They were quoting me more on a lease for a Jetta than I was getting for an Accord EX V6.
He then went on to trash the V6 Accord and the Accord that I was thinking about trading. I was trading a 1999 Accord EX 5-speed champagne over ivory cloth. It had a little over 30k on it at that time (early 2000). And the car was IMMACULATE. I am very anal about my cars so the tires were rotated every 5k, syntec oil changes, plat +4 spark plugs at 30k, dealer service at 30k, and not one stain or scuff inside and only 2 light chips on the hood where some idiot threw a bottle out of it. He said the car needed *work*. When I asked him what kind of work he just got a blank look.
Guess my payoff or burial depth and win a prize.
A few hints:
I'm 12 months into a 36 month lease.
Car stickered at $40K - got it for invoice.
Interest rate below 1%
Resid 50%+
- - Bret - -
But, when that Supercharger goes Bye Bye .... so does a month of take home pay ...! ---- Then the vehicle is worth about Zippity do Dah ....... I think you just answered your own question ...
Terry.
I think ya owe around $31K..
Bill
Your prize is in the mail.
Black01 - Good guess for not being in the biz. I'll try to find you something in the prize closet.
Your beer credits have been rolled over into a Keg credit and 3 beer credits.
Bill
thanx
kjt
EVen so, This is sorta like shooting blind..
July? God only knows. Right now the car si worth about $10,500 wholesale.. $12,500-13K retail..
So figure.. 6 months? I have nooo idea.
I'd guesstimate that $9,800 will be a tad higher than what the car will be worth wholesale at that time, but still a great buy retail.
To be fair, check back in May or so though.
Bill
I'll send you some (cheap) goodies I got at SEMA if you'd like. E-mail your address.
In case you're wondering, Bill gets a picture of me sweeping the garage.
A 2wd 2000 XLT with 22 klicks, with all the toys ...for $11,500 ...?
Unless this vehicle has been smacked .. the paint is burned off and the interior was Nuked .. that's the only way it's worth $11,500
I'm not sure what part of the country you are from ..... but, if it's nice, I will strike you a reader for it --- and run it through the Metro auction and get $13,000+..
Your numbers are not "real" .. or from this "world" ....l...o...l...
Terry.
BTW, I heard from a GSM here in ATL that he took in a black AWD Exploder ('99 I think, maybe 2000) for $13,500. Leather, CD, new tires, 15K miles. I about dootyed when I heard that. That musta been a $30K truck new. I wished I had a spare $13.5 lying around cuz I woulda like to have that truck, Exploder or not.
Terry.
YES
Look at a Highlander, RX300. If you need to go off-road, hmm.. 4Runner I suppose.
Bill
After doing much research, and visiting dealerships, there's a huge disparity between what the pricing guides say and what the dealerships offer. I understand regional differences, and a couple of the guides do take that into consideration. I also understand that condition can be subjective, and I think I've been as impartial as I can when selecting my car's condition. When getting prices I also only considered the "wholesale" or "trade in" values offered by the sites.
But after getting prices from five different sources, why is the difference in price being offered by dealerships so different?
I have prices ranging from from $5785 to $9755. This is from Edmunds, Kelly Blue Book, Black Book, NADA and Car Prices. All were obtained using zip codes if applicable, and using good or clean for condition.
I've been to two dealers, and have been offered $3840 and $3100.
What am I missing? It's a 1997 Ford Probe GT, all options with 71K and always dealer maintained with records.
Thanks
It's a source of information to give you an idea, hopefully a good idea of what your vehicle "may" be worth , and you have to keep an open mind along with ..
But remember .. everyone has a "Clean, nice, well maintained, hi way mile only vehicle ---- I have seen thousands of them ..
The rub is -- all people think their vehicle is nicer and cleaner, than the last one .. the unfortunate thing is, there not.
They have scratches on the front and rear fascias (that have to be re painted, to sell well) tires don't match, or they are all worn bad. The $200 dent on the trunk ..that you promised to fix 2 yrs ago, still sit's there, and now it's starting to rust ... the burn holes from Uncle Ron in the back seat, the coffee and Coke stains, in all the carpeting from road trips and the kids ---- all the oil mess in the trunk, from when you got gas for the lawn mower .. the 10 inch scrape on the roof, for when you had used the family sedan for a 4 wheeler ...... etc, etc, etc.
Now in most peoples mind ... that vehicle only needs a car wash.. and a couple of touch ups --- but the reality is, it needs $4/500 of paint work.. new tires, interior work, a service and a $125 detail job ..plus someone to explain away, those 50k miles on a 2 1/2 yr old vehicle -- so when it's done, the dealer, or yourself has just spent $1,000 on this "perfect" vehicle .. just to make it where it should be- average.
That why these information sources are called -- Guides --
But now that I have bored you into a stupor, your Probe GT is worth in and around $3,5/$4,000 depending on the condition, maybe .. and on the retail end, it might be worth in the $5's. There is a lot of Ford Probes out there, the miles are a little stiff, to say the least --- and Probes aren't the most popular right now ( nothing personal ) ... It's - 2drs as a whole, even Toyota, Acura and others are all over the place.....Sorry.
Terry.
All SUV's ... Chevy, GMC, Lincoln, Mercury, Nissan, Suziki, Land Rover, Dodge, Jeep ... etc, etc.com --- are not holding as much re-sale as they did 2 yrs ago --- Why should they ..? -- Everyone want's one..or.. has one ... The market is huge, and will get bigger --
But, like anything else --- If everyone likes "Apple pies" ... and wants Apple pies right now, that market for Apple pies will double it's own market ...
So it get's down to to one basic thing ... Are they going away tomorrow ...No! -- Are they going to be here for a long time ..Yes! --- Will some depreciate more than others..Yes..! -- Does anybody really know which one's ...No ..! --
So, Like I always say --- Buy, and drive what you like ..
Terry.
They were talking about giving me mid-upper 20's for my '98 RR 4.6, about what you all were saying here.
Anyone have an opinion or guess on whether a 1 or 2 year old 7 Series, or a new X5, might have better resale in a few years?
Bill: I agree with your affection for Rovers. How well do you like them once the warranty runs out tho? I've heard all the horror stories, & a lot of even the most die-hard Rover buffs seem really into extended warranties. And I'm thinking mine may be really hard to sell once the warranty runs out.......(or get into expensive repairs).
Thanks! Steve
It's a 2000 740iL .. with 33k, right ..? -- For $43,900.
The price is right .. that's for sure... It's got the shade and the Nav, and it's the "Right" color.
Have the Vehicle checked out -- close--... it's a little on the cheap side, miles are a little steep -- but fine, if the vehicle checks out all the way around, I would be all over this puppy .. Ya can't find em' that cheap at any auctions that's for sure...
And if they are dropping the mid 20's for the Rover ---- I would be so far gone in the 740iL...
The 740iL's do just fine as far as re-sale ... I have driven the 4.4 X5's for over a year now, and there nice --- and they will hold their value quite well ( that's because there isn't a super amount yet ) -- I don't feel in the future, the 3.0's will do super well ... But, have this 7 looked at ...
Terry.
Have a 2000 Maxima GLE, 12,600 miles, Sterling Mist. Traction control, cd changer power sunroof. What can I expect if I trade for a new mini-van. Mini-van, still hard to say.
Thanks, Paul
Texas car
49.9k miles, two weeks remaining til fact. warranty expires.
Silver metallic w/ sport package(& grey leather interior)
moonroof
5 speed manual trans
good tread on tires remaining
17x8 alloys scuffed up
added M5 style front bumper & foglights
plus the usual wear/tear from a couple of kids of mine...
in addition, re: extended warranty coverage, should I consider getting one while car's still under warranty in order to make the sale more appealing? It'll cost me about $1500. Is this too risky of an investment ? I know I won't benefit from the xtend warr, but not sure if selling w/out warranty is going to be ok, considering the dealers' CPO units I'd be competing with...
You did well ...!
Terry.
I used to see you on TV all the time --- How's Miss Ellie doing ..? She's a hotty ...l...o...l..
For starters ... don't get too involved in the warranty stuff ... If they feel they want..or need a warranty, let them do a little research around Edmunds ... and they will save a little $$ on their own --- Kinda remember, when they are at a dealers lot they will pay dearly for it, plus all the other stuff -- you have the advantage here ...
Ok, it's got lot's of miles for the year ... that's Show Biz, make sure you have all the records handy ....
Have the vehicle "detailed" have it look like a diamond -- maybe make a visit to the Dent Dr. and spend a buck or two there ... Use a "5 liner Ad" in the biggest newspaper in your area...
The killer on this vehicle is the "handshaker" -- a little tough to move ..(don't mention that in the Ad) So yours has to look better than the rest ...
It may be worth in and around the low side of $22 (real money) maybe.. --- IF, it's a baby doll .. --- and on the retail side try her out at $24,950 and see what happens ....
Good Luck ...
Terry.
If it's super clean and super nice, you are going to be in and around the -- ultra high $17's ...
Terry.
Terry.
I'm looking for a RWTIV on my CR-V coming off lease in SF Bay area.
It's a '99 CR-V EX 4WD auto, 34K miles, dark green with CD and roof rack, clean interior, average-to-good exterior condition (no paint work but has a scratch here and there).
I'm considering buying it at lease end next month, just curious if I'd be upside-down if I do so.
Thanks in advance,
SP
That's got to be a $13K wholesale unit out there, heck, at least $12,500 as a minimum.
Bill
Try my cell if you really want to talk to me! 407-765-4110
I might not get to check my mail till Wed.
Bill
Anyway, car is a little rough, repainted rear bumper, overspray on passenger door, maybe about 5 nicks and/or dings throughout
anyone? thx))
I sold my '86 Subaru GL 4wd wagon. Almost 90k HARD, HARD, HARD miles - 1st and 2nd gear around town, short trips on a cold engine, and heavily loaded trips at high speeds(for this car) to drive it on the beach to surf fish.
The am/fm radio worked most of the time, the front left strut had a half-inch or so sag(dealer said it was good), a few rust spots down low and a big stain on the shotgun seat(IOW, front passenger)from an exploding can of FixAFlat.
AC was cold, the 5speed had a low range and the car was full of sand and salt spray from years of driving it on the beach. ALL fasteners and electrical connections were pretty well corroded and the plugs hadn't been removed in, oh, say 4 or 5 years. Ran good and good gas mileage.
Oh, and the front sub-frame members were rusted almost through. It would have passed the VA inspection except for this.
And it still had the ORIGINAL FRONT BRAKE PADS. No lie. Honest.
Now the question. Having gotten every bit of my money's worth out of it, what was it worth in a private sale?
John