Real-World Trade-In Values

qbrozen · July 2010

Assuming it has leather and moonroof and no other add-ons, you're probably looking at $31k, give or take a nickel.

jimbres · July 2010

Any options, such as one of the optional packages (premium, comfort, luxury, nav) or stand-alone options (Mark Levinson sound system, etc.)? That might make a difference.

gooddeal2 · July 2010

That's a good price for a 22k miles car.

loach · July 2010

Location: Omaha, NE
2008 GMC Acadia AWD SLT2
28k miles
Blue/Gold Crystal Metallic with Titanium interior
Navigation w/rear camera
Heads-up display
Trailering pkg
Small chip in windshield repaired by Safelite but still visible
Paint and body excellent
Tires typical for 28k - still good tread

carbuyer_2009 · August 2010

Los Angeles CA
2010 Lexus RX350
4dr SUV
3.5 liter 6 cylinder, automatic
FWD
15000
black/baige
Condition is excellent, no interior or exterior blemishes
Tires- new
Brake- new
all schedule maintenance perform by the Lexus dealership
Other options: Premium, Comfort, Navi (inc: HID headlight, heat/vent seat, moonroof, GPS... no ML audio)

loach · August 2010

I guess our vehicles must not be worth anything

bigbutr · August 2010

Panama City, FL
Local dealer has this used on their lot and I'm finding a pretty wide spread from KBB and Edmunds. They are asking 23,995, but knocked it down to 23,500 if I wanted to deal in next couple of days.
36,700 miles
5.4 V8
Towing Package
Step Bars
Bed Liner
Power Driver's Seat
Two-tone paint (Red top, silver strip on lower quarter)

Currently have 2008 Honda Accord LX-P with 26,000 miles on it. Dealer payoff is 15,719. No other options save for rear spoiler and tint. Offered 14,000 as trade-in, which I thought was low.
Haven't made deal yet as not sure I'm ready to move up to fullsize truck just yet. FWIW, Nissan dealer offered $8000 off 2010 Titan 4-door, but haven't confirmed if they have some factory-to-dealer cash they aren't talking about of if that's just invoice spread and current $5000 customer cash.

Thanks for any input!

explorerx4 · August 2010

x-plan a new F150 4x2 S'crew XLT is about 2200 off list plus incentives.
price and discount go up as you add options.

cccompson · August 2010

A new LX-P can be had for under 20K, IIRC, as Honda has $1200 in dealer money on 'em so 14 sounds about right for a dealer to make money on it. What you owe on it is irrelevant to its value.

bigbutr · August 2010

That's the dilemma. Do I do just that and pay a couple thousand more for a brand new XLT or try and work them down some on the used on? Down here it's impossible to find a 2-3 year old truck that doesn't have 60-75,000 miles on it already and a price of 20,000 and up. I don't drive a lot, so I'm leaning towards new since in a 2-3 years I'll have a low mileage truck in good condition that should fetch a good price. Then again, gas could go up to $5 a gallon and no one would want one.

explorerx4 · August 2010

that is a dilemma. if you don't drive a lot, you won't have to spend a lot on maintenance for a few years.
check the tires and brakes on the 07. open up the air filter, might give you a clue as to how it has been maintained.
either way i would only buy it if I was going to hang on to it for a while.

bigbutr · August 2010

I've leased last two vehicles and decided to buy this time around so I plan on hanging onto it for awhile. I've got a buddy at Ford who's going to check the VIN for me to see if anything pops up. I've got nothing but time since I'm well under mileage on my Accord and lease doesn't run out til February. Maybe some rebates will go up and make my decision easier. Wife likes Red Candy color scheme on new '10. Thanks for the feedback.

qbrozen · August 2010

It seems I'm the only one providing values, but I can't really help those that aren't in my region, as I don't have access to national numbers. I don't want to mislead anyone.

igozoomzoom · August 2010

Just FYI- 2010 is the end of the line for the 4.6L and 5.4L V8 engines in all F150 models. The 2011 F150 line will offer four all-new engine options that outperform the current V8s in all areas- more power and better fuel economy, gotta love technology!

The current Modular V8s offer 248-310hp and 294-365lb-ft of torque and highway fuel economy is rated from 19-21mpg.

Two of the 2011 engines are pulled straight from the 2011 Mustang-
3.7L V6 - 305hp@6500rpm + 280lb-ft@4250rpm, 6-AT, est. 25mpg highway
5.0L V8 - 412hp@6500rpm + 390lb-ft@4250rpm, 6-speed AT est. 21mpg highway

But the most interesting and potentially best performing is the other V6 offering....
3.5L EcoBoost Twin-Turbo V6- hp and torque ratings of 400+, 24mpg hwy

These impending changes could work for you in one of two ways-
1) If you're interesting in the upcoming engine options with their promise of higher performance and class-leading fuel economy, you'll want to hold out until they hit dealer lots in Nov/Dec.....
2) Or you can use the knowledge of the impending updates (a mild cosmetic 'refresh' will accompany the powertrain changes) to negotiate a killer deal on a 2010 model! Holding out until closer to the launch of the 2011 models will net the best deals...and if you can wait until the 2011 actually hits the ground, the 2010 models remaining will end up going at "fire sale" prices....patience is truly a virtue in this situation!

fezo · August 2010

Hey, zoomzoom! While I have you here - what do you think of the current generation Mazda 6 vs the previous generation? I know the newer ones are more, how you say, Accord like? Just wondering if you find much significant.

bigbutr · August 2010

Well, considering I am well under mileage on my current car and the lease is up in February, I can certainly wait. I am intrigued by the new engines going in, but it will be nice to be in a position to choose either/or. The only drawback will be limited color choices by that point, as I really do like the Candy Red. But hey, if I can save serious money at that point, just about any color would work.
Thanks for the info. That makes things a lot clearer.

sbuhler · August 2010

Look for average auction value for the following:

2008 Ford Mustang V6 Convertible
Red
85K Miles
Southeastern Louisiana

Thanks

ateixeira · August 2010

The new and much-improved V6 may hurt used V6 values, let's see.

achenator · August 2010

Just seeing where I stand. Thinking about a GT-R.

08 M3 sedan
6spd
white/black
12,700 mi.
all options except extended leather and DCT tranny
New Orleans area
Sticker was $68550
great condition except for one small scratch on trunk. clear bra on front.
Trade and realistic PP values please.

kyfdx · August 2010

Thinking about a GT-R.

Really? :surprise:

What is it that you don't like about the M3?

achenator · August 2010

The M3 is a great car. It is only a weekend driver though and I'd like something a little more extreme. I love the M engine when I can wring it out a bit, but I wish it had a little more low end grunt sometimes. Also my wife would like me to get a car with some sort of flappy paddle gearbox, she is scared to drive the manual. Like I said, I'd just like to see where I stand, I'm not in a big hurry. I may wait to see what the facelifted '12 GT-R has to offer.

ateixeira · August 2010

Need a friend in the Mid Atlantic region? LOL

Kirstie_H · August 2010

My brother's Durango was stolen and rendered useless, and he wants a Liberty Sport. What I know about SUVs can be put into... a very, very small container. He's looking at $11K down, fortunately, and here are the two he's looking at from dealerships:

Location: Kansas City, MO or KC, Kansas
2009
10K miles
Blue with gray cloth interior, power everything, keyless entry, tow package, alloy wheels, tinted glass.
Asking price: $19,999
http://www.opjeep.com/inventory/Details.aspx?VIN=1J8GN28KX9W520288

OR

2008
19K miles
Silver with gray cloth interior, power everything - doesn't appear to have tow package or tinted windows.
Asking price: $17,998 (Carmax - no negotiating)
2008 Jeep Liberty

My initial thought is that if you don't mind the blue exterior, the 2009 is a much sweeter deal, esp. if he could likely negotiate a slightly better price. Thoughts?

qbrozen · August 2010

Again, not my region, but I can give you MY numbers.
That '09 would trade for right about $17k, give or take a nickel. So there is a little room to play, but not much.

The '08 is roundabout $15k, so they are both about $3k over trade-in.

explorerx4 · August 2010

The '09 indicates it is a 'CPO', but what does that mean?
Another part of the ad mentions you get remainder of 3/36 warranty.
The dealership bought it January 6th, so they have had it for a while.
Around here, buy it before Labor Day. That's when people close up their cottages, pull in their pleasure boats and start thinking about winter. 4x4 prices jump a grand automatically.

Kirstie_H · August 2010

Thanks to both of you! That info should help a lot. He's a bit flexible on the specific vehicle - just wants a late model Liberty that's not stripped. I do think he's partial to the blue 2009, and if it's been on the lot for awhile, they might be ready to move it. Fingers crossed... I'll let you know how it goes.

28firefighter · August 2010

2004 BMW 330xi
Jet Black/Taupe Interior
79k Miles
Premium
Cold Weather
Xenons
Harmon Kardon
BMW Assist

No accidents, no body work, full service history from new.

Philadelphia area at a dealer (I'm more or less about to make the deal on it, but curious to know where I'm at).

Thanks!

qbrozen · August 2010

If its nice and needs nothing, they probably paid roundabout $11k for it (Galves is $10,500 to $11,500). So $13,500 is about the end of the world on it. $14k if you just can't live without it.

You didn't say if its stick or auto, though. If its stick, its $500 less.

28firefighter · August 2010

I knew I forgot something! It is an automatic.

The dealer was asking $14, I have them down to $12,800 OTD with a 6month/6000 mile bumper to bumper warranty. Also had a bunch of stuff done recently, including new tires and new brakes which saves me quite a bit.

I think that is more than fair for both sides. Thanks for getting back to me, I'll let you know what the final outcome is.

qbrozen · August 2010

?? That's not even fair. I really hope it is clean and no bad history! I don't know what your taxes and fees are, but doesn't $12,800 OTD mean you are getting the car for like $11,500?

28firefighter · August 2010

I'm on a roll today...finger must have slipped and hit the 2 instead...13,800 OTD (Tax, Tag Transfer, Doc Fee). It has no bad history, no hits, clean PPI by a local BMW guy, and a full service binder with it.

I'm still thinking that is fair. No?

jayrider · August 2010

What is the galves for an 09 murano sl awd with leather - bose- premium pack- power seats- open sky moon roof and 18500 miles. Perfect condition -- no blemishes of any kind. Dark blue with tan interior. Thanks

qbrozen · August 2010

Still more than fair for you, I think. So we're like $12,800 price? They're making money, but not much. Probably $1800 at best. Congrats! It is rare to get under $2500 and tougher still to get under $2k.

qbrozen · August 2010

~$25k plus or minus a nickel.

28firefighter · August 2010

Thanks Q - picking it up tomorrow! I'll let you know how everything goes.

Kirstie_H · August 2010

Looks like my brother is getting a 2005 Liberty instead of the 08 or 09. Found one with 28K on the clock at a Chrysler dealership. Carfax showed it was a lease return (with super low miles), then sold to an older lady, who drove it for a year and put another 3K on it, then traded back to same dealership for a sedan, as she had difficulty getting in/out of it.

They offered to sell at 12,500, which sounds good to me. He walked on it yesterday - not because it was a bad deal, but because he wanted to think about it vs. a newer model, but told the dealership he'd give a yes or no within 24 hours. It's been on the lot for a bit, so low risk that it'd sell overnight. He plans to seal the deal today.

Thanks to all who helped with my previous question. Only a few hours to let me know if you think it's a giant mistake.

qbrozen · August 2010

Hard to imagine anybody getting excited about a Jeep Liberty. :P

Anyhoo... at $12,500, it is also right around $3k over wholesale. Seems like the magic number in your neck of the woods.

jayrider · August 2010

Thanks abrozen -- when you say plus or minus a nickle is that $500 ?

qbrozen · August 2010

yup.

sorry. I'm channeling Terry.

tifighter · August 2010

sorry. I'm channeling Terry.

While it may have been mentioned in the past 10000 pages, do we know what happened to Terry?

qbrozen · August 2010

hmmm... been a while, but I thought someone said he sold off his lots and retired to Europe. (???)

fezo · August 2010

We DO seem to go through the sales guys in here...

I know another of our ol' favorites went through a sick spell but the reason he's not chiming in these days is that this site is blocked at his dealership....

I was in his dealership and got in here but tat was by using my cell phone...

deltheking · August 2010

Is that Volvomax ?? :shades:

qbrozen · August 2010

that would be brentwood. Wonder why a dealership would block a car site. Its educational!

wonder if volvomax will ever make it back. maybe his new place blocks it, too. :mad:

Kirstie_H · August 2010

Hard to imagine anybody getting excited about a Jeep Liberty

If I told you the vehicle he was driving before it was stolen was a 2002 Durango, would you be able to imagine it any better?

Nice to get updates about some of our favorite salespeople. Hope they make it back someday, somehow.

igozoomzoom · August 2010

I agree that a 2005 Jeep Liberty is an improvement over a 2002 Dodge Durango (I'm assuming you meant that it was a recovered stolen vehicle when he bought it, rather than him stealing it). If that's not the case, I'd hope that he'd find something much better to steal than a Durango!

At least it only has 28k miles and it sounds like it's had an easy life. The 3.7L V6 and 4-speed automatic have been among the most reliable Jeep/Chrysler powertrain combos in recent years. I believe they had a 7/70 Powertrain Warranty back in '05, but I'm not sure if it's transferable or not? If so, he might have another 12-24 months of powertrain coverage....always a good thing. (Note- I'm assuming it has the 3.7L V6, if it is a Sport model with the 2.4L 4-cylinder, it's seriously underpowered and overpriced!!!)

Just curious, is it a 2WD or 4WD? Sport, Limited or Renegade?

roadburner · August 2010

I just found this puppy:
2004 BMW M3
Coupe
70,828 miles
Topaz Blue/Black
SMG transmission, Xenons, heated seats, Harman-Kardon sound, sunroof, rear park distance control,
leather/cloth manual seats
clean Carfax, if that's worth anything

I'm looking for the auction/trade-in price.
Thanks!

Kirstie_H · August 2010

I meant that my brother was driving a 2002 Durango (which he purchased in 2002) and it was stolen a few weeks ago, recovered... but badly damaged & totaled by the insurance co.

It's the one with the 3.7L engine - 4WD. I'm almost positive it's the Limited model. When I ran trade-in values on it, the dealership was a few hundred below TMV and other "book" values, and he negotiated another $500 off the original asking price, so I think he did well for himself.

He doesn't put a lot of miles on vehicles, so I figure if he drives it for a year and decides it's not really what he wants, he can sell it privately without taking much of a hit. It seems like a vehicle he'd like.

ateixeira · August 2010

Isn't that the transmission so many people complain about? Just make sure you take a long test drive and can live with it.

Newer ones are supposedly much better.

roadburner · August 2010

Isn't that the transmission so many people complain about? Just make sure you take a long test drive and can live with it.

The SMG in the M3 isn't that bad; the version they put in the 3 Series, 6 Series, and Z4 is pretty horrible.

Newer ones are supposedly much better.

The SMG in the M5 and M6 is a bit of an improvement, but best of all is the M DCT in the E9x M3. Unfortunately, a decent CPO E9x M3 will cost over twice what a nice E46 M3 will cost...

Real-World Trade-In Values

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