Real-World Trade-In Values

Kirstie_H · March 2011

There are many experts here. I am not one of them.

However, that won't stop me from giving you an opinion. Suck it up and find a way to be OK with the Infiniti for now. If you have a short commute, you're not in it all that long anyway, and if you keep driving low, low miles, your depreciation should level out much sooner. $10k in 1.25 years is like having paid $670/month to own it. That's a helluva car payment or a lease payment. I am partial to Infinitis (have owned 2), but not at $670/month.

Any of you experts have guesstimated projection of what this might be worth in another year or so? (assuming market stays the same-ish)

qbrozen · March 2011

Well, a comparable '08 with 17k miles is $22,500, so that's probably as good of a guess as any.
And just FYI, an '07 with 25k is ~$19,500.

Kirstie_H · March 2011

Much better. Looks like it'd be expected to cost about $2,500-3,000 in depreciation/year rather than the $7-8K/year it took right away. At a certain point, you can justify the depreciation vs. use/time outcome.

chris401 · March 2011

Looks like I might need to hold on to this for a while. At least I only paid $32,000 for it, which at the time felt like a good deal. Thanks to Kristie H, I'm now realizing that maybe the smart play would have been to go with a lease. Thanks again to you both.

qbrozen · March 2011

but with a lease, you would have been stuck 3 years whether you liked it or not.

Getting a new car cheap rarely works in your favor. Cheap new means cheap used. Although... a $6k real-world depreciation hit for a $30k+ car that is effectively more than 2 years old ain't all that bad.

ateixeira · March 2011

Gs are comfy. I think some upscale brands actually go for that cozy feeling interior, like Jaguars have always done, in a way.

johnxyz · March 2011

Yes, 4cyl w/. cloth. Thanks. What are the 'free' ebay ads? Thanks

qbrozen · March 2011

ebay classifieds. Just go here: http://www.motors.ebay.com/
and scroll down a bit and you'll see the ad there for listing free.

roadburner · April 2011

I'll be looking at cars during my son's spring break- yet again...

In Louisville, KY:
2007 Mazdaspeed3
Wagon
2.3 Turbo Four/Six Speed Manual
FWD
77,000 miles
Blue Gray Mica/Black
Grand Touring Package(Includes leather, xenons, Bose stereo w/six disc changer), Wheel locks
Excellent condition, very minor chips on nose, no dents.
Tires: @50% worn
Brakes: @50% worn
Maintenance: current(5K mile synthetic oil changes + all Mazda recommended service)

ateixeira · April 2011

If you are buying check the tire wear and for other signs of abuse. My concern with a car like that would be how the previous owner treated it. Try to talk to the previous owner directly, if that's possible.

steine13 · April 2011

It's his and he wishes to ditch it...

roadburner · April 2011

It's his and he wishes to ditch it...

Exactly!

nyccarguy · April 2011

Yeah, be careful. The previous owner might have taken it to the track & some HPDEs. Might have even blown a turbo at some point. Snickering & LOL!

roadburner · April 2011

Don't forget the blown LF strut!

hiker5 · April 2011

Sister looking to sell (already...):
2010 Honda CR-V LX 2WD
6750 miles
Dark blue ext/gray int
No accidents or dings, couple tiny scratches on ext
Int 9/10 Ext 9/10
Added weathertech mats, rear tonneau cover, cargo liner
Northern Ohio
What do you think?

stickguy · April 2011

OK Q, right up the street at one of your old haunts. How much does this rare bird really deserve to go for?

Better let Fezo know too!

http://www.torchlightmotors.com/detail.aspx?ID=962619&PageName=newandusedcars

stickguy · April 2011

another one. more miles, but this seems like a pretty respectable price for a 2003 5 series.

http://www.torchlightmotors.com/newandusedcars/5241/950514/aa92abda-ecdc-4811-9b- a6-05e906302073/none/2003-BMW-5Series-Parlin-NJ-08859.aspx

nyccarguy · April 2011

1999 Oldsmobile Alero Coupe GLS
55,000 miles
Silver/Grey Leather Interior
V6/Automatic/PW/PDL/PS
Power Glass Moonroof
Rear Spoiler
FWD
New Front Brake Pads
Recent Oil/Filter Change
Recent Transmission Fluid Change
Recent Coolant System Flush/Fill

I would describe the exterior condition as "rough" by edmunds standards. The car was driven by my (almost) 94 year old grandmother. While extremely mechanically sound, she backed into a lot of walls, cars, poles... Which is the reason she is NOT driving anymore.

Might be looking to use it as a trade in. Maybe I could get $1200? Private sale, maybe $1800?

qbrozen · April 2011

somewhere around $8500-$9k

qbrozen · April 2011

maybe about $18k

qbrozen · April 2011

pretty crazy price on the 325xiT considering he won't negotiate. Even if he went crazy and paid $8k at the auction, paid for the fees and transport, and let's say he put a new set of shoes on it and painted the seats .... we could stretch it and say he's into it for all of $9k ... so $11k purchase is the end of the world, IMHO.

The 525 is worth about $6k on a trade. So, again, they might be into it for $7k, making that a decent price as long as it all checks out. But a 525 wagon with an auto? ugh!

qbrozen · April 2011

really tough to price without seeing the damage. If it was clean, it would be worth $2k-$2500 trade-in.

stickguy · April 2011

I figured the 3 series was high, but if you want an AWD stick (which is something I did not even realize they made) it is going to cost you, being so rare.

now, in the 9K range, I would have already taken a ride up to look at it! Though I would prefer a RWD model, being cheaper to run, more reliable, and nicer to drive. And I have no real need for AWD.

nyccarguy · April 2011

The damage is bad, cosmetic, but bad. Bumpers are scraped up at all 4 corners, a couple of really bad resprays, dented fenders, no damage to the doors, but you get the idea.

stickguy · April 2011

if it is 100% mechanically, sounds like the perfect 1st kid car. especially at that price.

hiker5 · April 2011

Thanks, qbrozen!

roadburner · April 2011

Thanks!

kyfdx · April 2011

Actually, with the E46 wagon, it's finding one that isn't AWD that is hard... A stick, RWD with sport pkg is the ultimate...

The 525i has the same engine..... but, it is RWD... if it had a stick, I would take that one in a minute...

ateixeira · April 2011

Man, that's low, don't sell!

nyccarguy · April 2011

low optioned, stick shift, awd, BMWs,... check out this 2008 BMW X3

they are asking a lot for an '08 with the only options being xenon headlights.

roadburner · April 2011

Man, that's low, don't sell!

I may hang on to it for a couple of years; once my son leaves for college I can justify a used Cayman or Z4 M Coupe. In the meantime I can always finish the 2002 and slap some track tires on the Mazda.

stickguy · April 2011

I would have already gone to check out the 5 series if that was a stick, at the lower price.

stickguy · April 2011

that link didn't go to the unit, but not too hard to find down in Jericho!

man, what a lousy site. not even pictures. And just a tad on the high side pricewise.

but, I love the color. Just don't expect to ever be able to sell it.

nyccarguy · April 2011

technical difficulties folks-

Let me give you the skinny on the link that didn't work:

2008 BMW x3 3.0si - CPO
Black/Black Leatherette
6-speed manual transmission
Xenon Headlights
13,826 miles
Asking $29,999

YIKES!

This particular X3 probably didn't even sticker for $40K & it is already 3 years old with a brand new body style out. Yes the miles are super-low, almost too low if you ask me. A stick X3 is rare because only certified lunatics like myself, roadburner, & stickguy would even THINK of ordering one like that (Roadburner's current X3 is a slushbox & so was mine, so that tells you something). I know the low miles account for something, but with just under 14K miles there was NO RECONDITIONING involved whatsoever, unless one of the wheels was curb rashed.

The average car loses what, half its value in 3 years? Say it is a BMW that historically has better resale than average + the low mileage make it only loose 45% of its value in 3 years. For $30K they'd have a helluva better time selling a 40,000 mile X3 with a slushbox, NAV, leather, premium, & cold weather.

Maybe this car sits for a few months & I strike when the time is right:) LOL

stickguy · April 2011

Oh, that was a different one. I found a blue one, 2008, 38K on it for $31,000! Could not tell what options it had.

I agree about the AT probably being more appropriate for one of these, and way the heck easier to sell down the road.

what must be even more rare is a RWD version.

kyfdx · April 2011

The 6-speed automatics on the '07-'08 models is terrible, though... A stick is the only way I'd own another one... I bet you'd sell it in a minute, if it wasn't a stripper... You only need one fanatic.

They don't make RWD X3s, I don't think....

stickguy · April 2011

they don't now, but at one point, you could get a RWD X3. Doubt they sold many.

You are probably right about selling the oddball, just don't try to trade it in. and the older it gets, the easier it will be.

if the price supports it, I don't mind a stripper. As long as it has a power drivers seat and a moonroof, I am good to go. Really don't want a lot of the techno fru fru nonsense anyway.

nyccarguy · April 2011

Power Memory Seats & Panorama Moonroof were standard on the '07+ X3s.

We had an '07 X3 and I found the transmission to be perfect! Loved every second of the 3 years we drove it

stickguy · April 2011

the only one I ever put much seat time in (on the road) was I think a 2005.

Pretty sure though If I keep her out of the new model, I could convince my wife a 2008 CPO is just fine! Especially once the prices drop below 25K.

actually, these seem to be reliable enough that I would buy a non-CPO (for the appropriate cost savings) and take my chances. 3K in the bank to start can pay for a lot of repairs!

qbrozen · April 2011

If I was the one with the X3, I'd be in the manual club, too. But I would never order a new X3 for myself, so it doesn't matter. :P

anyhoo... a stick is a BIG hit on this car. $1400 deduct! And a little $200 hit for not having leather brings it down to a mighty $23k trade-in value. That means, as a CPO BMW, you should be able to get it for $27,500.

I'm with stickguy... I just don't agree with the price premium for CPO bimmers. My understanding is the warranty costs the dealer about $2500.

roadburner · April 2011

A couple of things...
I'm almost 100% sure that X3s were only available with AWD.
I almost bought an X5 3.0 with a stick. My salesman said he has only seen two. One was special ordered and the other was ordered by mistake.

nyccarguy · April 2011

2008 BMW X3 w/ Manual Transmission

Let's try this again

nyccarguy · April 2011

I'm pretty sure (And if roadburner is sure, then I'm sure) that the X3 has always been available as AWD only.

Given our terriffic experience with the '07 X3 whose lease ended at the end of last July, I'd be inclined to take the car without the CPO warranty.

qbrozen · April 2011

now, they do have something else I would like. a 2000 540i 6-speed, anthracite over tan, with 93k miles for $8999.

roadburner · April 2011

Given our terriffic experience with the '07 X3 whose lease ended at the end of last July, I'd be inclined to take the car without the CPO warranty.

On our '04 we had the passenger seat SRS sensor replaced under the new car warranty. We never made a claim on the CPO warranty. At 110,000 miles we've only replaced the brakes(60K) once and tires twice.
It's the most trouble-free vehicle we've ever owned.

nyccarguy · April 2011

So the dealer provides a free carfax report. I click on the link and the X3 was "driven" an average of somewhere around 4800 miles per year for the duration of its 3 year lease.

The original inservice date was the end of December 2010. It became a CPO car at the beginning of Feb. 2011. So the truck has pretty much been sitting on their lot for 2 months already.

Hmmmm. Maybe I should clean up the Prelude for a craig's list sale & head on down there at the end of the month? :confuse: :P

tifighter · April 2011

Over new year's, one of these came up locally, 07 non-CPO X3 with almost 40k miles. The manual tranny, black/black. $26k. Sold before I could look into it further; it didn't stay on the market very long...

sebring95 · April 2011

See what you guys see on this one. Books values are all over the place and not many like this sitting on the lots. Plenty of stripped down S-models coming off rental.

Location: Columbus OH
2008 Nissan Pathfinder SE
Engine: 4.0L Auto
Driveline: 4WD]
Mileage: 44,000
Color: Dark Red/Tan Cloth
Major Options: 17" alloys, BOSE, Backup camera, Moonroof
Condition:
Good shape, typical small scratches here and there, not damage.
Tires - $1,000 worth of Michelins...11/32nds all around
Brakes - Due for front pads
Maintenance - All up to date

nyccarguy · April 2011

we'll see what happens.

nyccarguy · April 2011

For Sale: 2009 Dodge Challenger SRT8, black on black, 9K miles, headers, cat back system, coil over suspension, cold air intake, garage kept, all stock parts included, custom cover, dealer serviced AND modified... +/- 500 HP of american muscle!

Car is located in a very wealthy NYC suburb. Has every option, NAV, Automatic, RWD, power everything.

What do you think he'll get offered on a trade?

Real-World Trade-In Values

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