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Real-World Trade-In Values

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Comments

  • igozoomzoomigozoomzoom Member Posts: 801
    I can guarantee that a new "bumper cover" as Honda calls it will cost more than you would think. If you decide to replace it, I'd suggest trying to find a salvage yard that specializes in Honda parts and compare that price to a dealer quote. Generic versions are available much cheaper online, but their quality and fit issues could fix one problem but give you another one....

    BTW, about your remark that EX-L models with manual transmission exist...the 2009 Accord EX-L 4-cylinder is the last one to be offered with a a choice of manual or automatic transmission- it's automatic only for 2010 EX-Ls! The same is true for the Civic EX-L, too!
    2015.5 Volvo S60 T6 Drive-E Platinum, 2012 Mazda CX-9 GT
  • stickguystickguy Member Posts: 53,330
    still waiting to find out if the unidentifiable leak is water in, or some fluid out.

    Unless the windhsield was replaced, water in does sound like the sunroof drains.

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

  • corvettecorvette Member Posts: 11,270
    Also could be a bad heater core or a plugged A/C condenser drain. Judging from the ones I see still on the road, I think they only sold that model of Lexus in a medium brown color. :P
  • Kirstie_HKirstie_H Administrator Posts: 11,242
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  • ateixeiraateixeira Member Posts: 72,587
    Good idea! LOL :D
  • volvomaxvolvomax Member Posts: 5,238
    A dealer or a bodyshop could patch and repaint the bumper skin, if its not too bad.
    Probably cost @ $100 or so.

    Private party probably in the $11-12,000 range.
  • volvomaxvolvomax Member Posts: 5,238
    Private party $7-8,000
  • stirfryguystirfryguy Member Posts: 4
    I'm looking to purchase a 07 A4 and wanted to get some negotiation room. Thank you for the help.

    Location: Rochester Hills, MI
    2007 A4 2.0T
    Body Style: 4dr
    Engine: Auto
    Driveline: quattro
    Mileage: 26,600
    Color:Silver/Platium Gray leather
    Major Options: homelink, rain/light sensors, auto dimming & electrically folding mirrors, compass, bi-xenon headlights, trip computer, front power passenger seat, heated front seats, dark walnut wood trim
    Condition: clean? Will be a CPO
    Details of interior and exterior, including dings, scratches etc.
    Tires - new
    Brakes - new
    Maintenance - will have to check the carfax.
  • volvomaxvolvomax Member Posts: 5,238
    Avg wholesale is $20-21,000 CPO adds $2k usually, plus whatever recon is performed.
  • steine13steine13 Member Posts: 2,825
    Avg wholesale is $20-21,000 CPO adds $2k usually, plus whatever recon is performed.

    In fairness, shouldn't the cost of reconditioning be deducted on the wholesale side and taken into account when the dealer buys the vehicle?

    I think I'd rather lease a '10 Audi for three years than pay $23 for a 3-year-old one and be looking at euro-denominated upkeep...

    -Mathias
  • volvomaxvolvomax Member Posts: 5,238
    You would think so, but no.

    At least not in the auction lane where everyone is bidding at the same time. Some people buy over the internet and never really see the car until it arrives on the transport. Plus CPO recon is more strenous than Carmax recon.
  • phdj73phdj73 Member Posts: 3
    Hi Volvomax,
    I am interested in buying my Volvo xc90 at the end of my lease in october The buyout price is 21,800 from the leasing company (WellsFargo), so I am trying to determine if I have any negotiating room. The specs are:
    Central NJ
    2.5t AWD
    35k miles
    2006 xc90
    Climate pkg, 3rd row seat, heated seats, moonroof
    green/beige
    car is in good condition--some wear on drivers seat and small dent in hood
    tires are a tear old-replaced at 23,000 miles
    new brake pads
    car has regular scheduled maintenance
    no accidents, though small dent hood may necessitate a repaint of hood
    I'd appreciate your input as to what I can reasonably offer. I like the car, but at $22,000, I'm weighing either paying up slightly for a new car or downgrading to a cheaper used vehicle. Thanks
  • jayriderjayrider Member Posts: 3,602
    If you buy a new volvo in september you get 5 years warranty with all service includes wear items like brakes and wipers. If I was looking for a new car/truck would give volvo a serious tire kicking.
  • volvomaxvolvomax Member Posts: 5,238
    Probably don't have a whole lot of room, Wholesale is in the $18-19,000 range.
  • kbradford3kbradford3 Member Posts: 2
    I'm trying to find an accurate value for this trade-in:

    2009 Jeep Wrangler X 2-door
    2900 miles
    Blue, 6-speed manual, only option is air-conditioning.
    Great condition, a few scraps in the front dash is the only thing that doesn't look brand new.
    Location is Kansas City, MO

    Thanks for any info!
  • jayriderjayrider Member Posts: 3,602
    Get the scrapes fixed or minimized if possible.
  • phdj73phdj73 Member Posts: 3
    Do you have a thought as to what might be a good starting point? Initially i thought to offer 19,000 before posting the inquiry. Also, does it matter that its a bank financing the car and not the car company itself (i.e., less likely to want to take possession of the car)?

    Thanks again for your help.
  • dbtdbt Member Posts: 298
    "As for safety, I'd rather have an accident in a 940 than in a decade newer Japanese or Korean car. They were just built like tanks, the safety cages protect way better than the regulations called for. "

    But, check out this crash test by 5th gear on a 90s 940 Estate versus a new Renault Modus.

    [It's long - summary: modern energy dispersal engineering helps a lot in an offset crash, even compared to the tank of the 90s]
  • british_roverbritish_rover Member Posts: 8,502
    Yeah but I would guess a modern Renault is built much more strongly then a contemporary Japanese or Korean car.

    Just look at the Euro NCAP results. The Modus is rated five stars but several of the other Japanese or Korean competitors are three or four stars.
  • icedog97icedog97 Member Posts: 141
    Zip: 15237
    2007 Mercury Mountaineer Luxury AWD
    Miles: 49,500
    Exterior: Silver Birch Metallic
    Int: Charcoal Black - Leather
    6cd changer, roof, 3rd row (non power), power/heated front seats, power/heated /lighted side mirrors, audiophile stereo with mp3/aux, tire pressure monitor, keyless entry, rear air, fog lights

    Newer tires...brake pads and rotors just replaced when vehicle was put up for sale...

    Asking price has been reduced to $17,988 (was $19,988)...

    Vehicle is very clean on the exterior...a few scuffs and scratches on the inside...but nothing too bad.

    Is that a pretty good deal or has the actual value on these dropped even more recently?
  • delthekingdeltheking Member Posts: 1,152
    For a 2 yr car,that`s a lot of miles and miles always lower the resale value.A new 09 Mountaineer with the same options is 31.5k and there is a 4k rebate now.so the price would be 27.5k brand new.
    My guesstimate for the trade in value for this would be around 15k.So retail about 2k more.

    I know it`s your choice but just asking-any reason you want the Mountaineer with that many miles especially considering that it is a gas hog and has not too great reliability. ;)
    Much better vehicles out there in the 17-18k price range.
    If you are not towing,then a Honda Pilot/Toyota Highlander could be a better choice as their fuel economy,resale values and reliability are much better.And if you do tow a lot then an 05 or above Dodge Durango will be a better choice.Much cheaper -these depreciate like a rock and a used one is a good bargain-- can tow a lot ,pretty decent reliability as per CR and the gas mileage close to the Mountaineer.Also stay far away from any Nissan SUV`s.

    Just my personal opinion though.Keep us posted. :shades:
    Volvomax will give you the most accurate auction values.
  • icedog97icedog97 Member Posts: 141
    It's an 07 but was "in service" Sept of '06 - so it coming up on 3 years old. Miles are still high though (15K plus per year)...I agree.

    Pilots and Highlanders around here are 5-10K more...and getting one for 17-18K means 2005 models in most cases. Out of the price range I am looking for at the moment.

    ...and...

    My wife likes it...death blow right there... (no offense to any ladies in the audience - it's just the marriage dynamic at work).

    How bad is the 6cyl gas mileage for the Mountaineer? 14 in the city? I know a friend witn an '05 MDX, rated 17 in city (I think) and he gets about 15 (in the same type of "city" driving we do)...and he's a pretty easy driver too. So I am not as sold on the Honda/Toyota/Acura gas mileage numbers in general.
  • ateixeiraateixeira Member Posts: 72,587
    I'd say shop around for loaded Explorers too, then.

    Those are a dime a dozen.
  • icedog97icedog97 Member Posts: 141
    Yeah...my wife likes the Mountaineer more because it looks classier...

    We had a great deal on an '04 MDX...43K miles...rode very nicely and 1 owner/good maint records...priced to sell at $16,000...could have probably bought it for about $15,000

    BUT...and there always is one...it was Sage Brush Pearl...some color that's sort of dark grey...sort of blue...sort of green...sort of OK with me but my wife HATED it...

    I tried my best to sell that one to her...but no luck...
  • ateixeiraateixeira Member Posts: 72,587
    LOL.

    Happy wife, happy life.

    I'd stay out of this and let her choose. If you influence the decision and 6 years from now the engine fails and she's stranded it would be YOUR FAULT! :D
  • volvomaxvolvomax Member Posts: 5,238
    Sounds like a good place to start.
    Lease co doesn't care who finances it.
  • jikjik Member Posts: 144
    I have 01 Forester S
    90 K miles

    Needs new tires

    small dent in front

    Rest of the bells whisles work

    Engine light is on. Changed oxygen sensor recntly with dealer.

    What tradein value should I expect?
  • corvettecorvette Member Posts: 11,270
    "If you influence the decision and 6 years from now the engine fails and she's stranded it would be YOUR FAULT!"

    If she buys what she wants and the same thing happens, it's still his fault because he should've talked her out of it. :P
  • ateixeiraateixeira Member Posts: 72,587
    They're gonna hammer you for all that.

    I sold a 1998 Forester L about 2 years ago, similar mileage, similar age (yours is a year newer now than mine was then). Mine was a manual trans and the lesser equipped L model.

    I got $5550 private sale. It had minor damage, but good tires, no CEL.

    In that condition, private parties will stay away, and dealers will low-ball you, $3-4 grand at best, if it's an automatic. Less for a manual.

    If the check-engine light is on, do you have access to an OBDII scanner to read the error code? It could be a loose gas cap or even a misfire. New plugs, wires, or an ignition coil will fix that most of the time.

    Sounds like a lot, but an ignition coil is just $80 and wires and plugs are less. For a little over $100 you can probably fix that an increase the value by 10 times as much as you'll spend.

    Fix that then put it on Craigslist for $5975/obo, leaving room to offer a credit for new tires. You can get what I got I think.
  • ateixeiraateixeira Member Posts: 72,587
    :D

    So true...
  • mikefm58mikefm58 Member Posts: 2,882
    do you have access to an OBDII scanner to read the error code?

    If not, take it to any of the bigger auto parts supply stores like Autozone or Advanced Discount and they will read the code for free and even offer the recommended part to replace. I did that with my 98 Mustang on an O2 sensor and saved over $200 compared with taking it to a dealer.
  • lrguy44lrguy44 Member Posts: 2,197
    dealers will low-ball you, $3-4 grand at best

    If it is a $5500 retail price how is a $3-$4k trade a steal for a dealer. Add new tires, repair body damage, detail and the big unknown on the check engine light and there would not be a whole lot of gross left.
  • ateixeiraateixeira Member Posts: 72,587
    $5975 minus the tire credit gets to about the $5500 target.

    I would not fix the body damage. Mine had a few dings and dents and sold for that price.

    Fix the CEL with $120 or so of parts and some elbow grease.

    You still come out a couple of grand ahead.

    Worth it to me, at least.
  • lrguy44lrguy44 Member Posts: 2,197
    What I was sayng is the $3-$4k trade is not a low ball as you described it. It may not be the route you want to go, but it is a fair trade price.
  • ateixeiraateixeira Member Posts: 72,587
    Oh, now I understood.

    Sorry, gotta speak slowly to me. Public schools.... ;)
  • avenues1avenues1 Member Posts: 1
    2005 F450 crew cab western hauler
    6.0 V8 diesel
    Automatic
    65000mi
    What is the market value of this truck?
  • ronsteveronsteve Member Posts: 1,234
    Located in NC...

    2006 Volvo V70 2.5T
    54K miles
    Black (ouch!), tan hides
    Premium package (aforementioned leather and sunroof)
    Climate package (bun warmers, rain-sensing wipers and headlight washers)
    Alloys but I think they're standard on the 2.5T
    Few minor scratches, no real dents or dings, no paint work... interior is nice and clean.
    Original brakes, only 9K on current tires, all maintenance up to date (dealer, documented).

    What could it bring in trade if I'm shopping a TDI SportWagen at our local VW haus?

    Danke...
    --Ron
    2015 Acura RDX AWD / 2021 VW TIguan SE 4Motion
  • delthekingdeltheking Member Posts: 1,152
    My guesstimate on this one would be around 13k-14k.Lets see what Volvomax says.
  • explorerx4explorerx4 Member Posts: 20,720
    what tires are on it? michelins are the best. no names are bad.
    take it out on the highway with some hills.
    feel for vibrations off throttle downhill.
    listen for a whining noise from the rear axle under various conditions.
    check the front climate control system heat/cooling.
    switch them up and listen for any creaking.
    ask them if they will let you take it overnight.
    when starting up from cold, let it idle down to 1k or lower.
    is shift into reverse smooth?
    2024 Ford F-150 STX, 2023 Ford Explorer ST, 91 Mustang GT vert
  • steine13steine13 Member Posts: 2,825
    Learned Friends,
    A 1-year visitor at work brought a car in today and I checked it out:

    '02 Mazda 626
    White
    92k miles
    V6/auto
    Decent shape, nothing special
    Leather, pwr stuff, cruise air etc.
    Tires would have to go before the snow flies.
    Body is straight, no wrecks, one quarter panel looks like it's been off.
    Oil is dirty but valve train looks "OK"
    Transmission fluid was never changed, by the looks of it; same is probably true for the rest of the car. But as 8-year-old cars go...

    Asking price is $5,500.
    My guess is it's a $3 wholesale car.

    I'm telling them to have it checked out and pay $4,500 if they have to... $5 if it checks out really well... does that sound about right?

    Thanks in advance,
    -Mathias
  • ellusionz21ellusionz21 Member Posts: 59
    Just incase anyone was interested I traded in my car today for a new honda civic. Went to carmax first and they offered 9500. Lil lower than I had wanted. After calling a few dealerships I found a price for the new car I wanted and went in to negotiate. Nore info on that in honda prices forum. But got them to match carmax at 9500 and also got the sales tax savings. Yay new car! Now I need to get tinted windows and move stuff into car. Evil work taking up time.
  • qbrozenqbrozen Member Posts: 33,735
    Considering the car's needs, Galves agrees with your assessment in NJ.

    '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

  • ateixeiraateixeira Member Posts: 72,587
    The V6 auto is OK, it was the 4 banger auto that had the awful CD4E tranny.

    Lack of maintenance would be a bit of a concern for longevity.

    My wife owned a 1995 626 V6 ES, loaded up. She liked it more than I did. It wasn't particularly efficient and wanted premium fuel. It started to fall apart after the 5th year or so - axles, exhaust, bearings.

    I dunno, 8 years and not cared for so well is a red flag for me.

    An 02 Legacy that replaced it was far more reliable and durable. I have had luck with Miatas, though.

    $5500 seems high to this former 626 owner.
  • steine13steine13 Member Posts: 2,825
    I agree with you on the price... and if it had been a 4cyl, we would not be having this conversation.

    OTOH, we're talking about a visiting scientist with a 1-year appointment... new is out of the question, and used is always tricky... I had the same powertrain in a '96 Millenia with 170k miles that ran like a top... I'm inclined to go to mid-$4s if the mechanic check comes out OK.

    The thing is, she's got to buy something, and the used-car market in this town is not pretty.

    All the $12k two-year-old cars from 6 months ago are now $15 and up, or so it seems... the $5 region is probably the way to go.

    Cheers -Mathias
  • ateixeiraateixeira Member Posts: 72,587
    I'm sure it will last a year, hopefully with nothing major.

    Ours kept breaking, but to be fair no single repair cost more than a grand.
  • jlflemmonsjlflemmons Member Posts: 2,242
    Trying to get a fix on the value of this before I decide to sell:

    2002 Chevrolet Blazer xTreme
    2dr, factory lowered and ground effects
    85K miles
    no dents, dings, or rust.
    Hood has been repainted. Not bad, but has some rock chips in the leading edge.
    Full function roof mounted long console w/trip computer
    Tires like new
    Bumper to bumper maintenance with GM parts, including the correct ceramic pads all the way around.
    Pwr windows, heated pwr mirrors, cruise/tilt cd
    Interior shows normal wear for age, but no cuts or tears.

    Everything works. Totally stock, no weird aftermarket junk.

    picture on mycarspace,
    Blazer xTreme
  • volvomaxvolvomax Member Posts: 5,238
    If the car looks good, esp the paint, it could bring as much as $15,000
    If it's got a bunch of scratches and chips, probably $13,500-14,000
  • volvomaxvolvomax Member Posts: 5,238
    Hard to say, I'm thinking $5-6,000 sale price.
  • jlflemmonsjlflemmons Member Posts: 2,242
    That's sort of where I am with it. One thing I forgot to mention is that it is in Texas. For some reason, most of the xTreme editions ended up on the west coast, and in the upper midwest. At the time I found this one 18 months ago, there were exactly two for sale in Texas, and the otherone was gone in less than 24 hours of being listed.

    EDIT:

    And if you ever get to drive one, the best way to describe the suspension is "crude, but effective". Stiff springs, huge sway bars, 16" wheels with fat rubber (other Blazers use 15" wheels). A hoot to drive, but not something you would ever confuse with finesse. :shades:
  • jayriderjayrider Member Posts: 3,602
    You might get a better price on ebay. If it's clean and shows well in pictures folks may bid it up over 5k.
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