Real-World Trade-In Values

100chuck · June 2011

2009 Ford Escape XLT 2.5 4cylinder FWD auto 13,700 miles, sun roof, cloth interior, cargo cover
sync, dark blue metallic, tires at 80%. Ann Arbor Michigan area. Looking for trade-in and sale by owner value.
Thanks
P.S. Has the increased in gasoline prices help the value of 4 cylinder Escape? Hurt the value of the 2010 Taurus SHO?

qbrozen · June 2011

$6500 to $7k trade.

private party? Throw on some new tires and start it out at $9995.

qbrozen · June 2011

about $15,500-$16k. Value hasn't exactly increased, but it has held very very steady. It has only dropped about $1500 since last July.

A 2010 SHO, on the other hand, has held strong in the mid $26k range from last Thanksgiving until mid April this year ... when it increased to the low $27k range.

Private party on the Escape? Ask $19 and take $18k.

qbrozen · June 2011

My galves subscription expires tonight and I'm not renewing. Sorry folks.

100chuck · June 2011

Wow $18k private party, I will assume the 27k is the wholesale price for the SHO so how much should I expect on dealer mark-up? No forget the dealer mark-up, how much of a difference between the two vehicles should I shoot for?

qbrozen · June 2011

$14k difference would be fair all around.

logan00 · June 2011

Not even if we all chip in for you to renew it?

cdnpinhead · June 2011

My galves subscription expires tonight and I'm not renewing.

You've done yoeman service in the meantime. Thanks.

You follow in the footsteps of only a handful of others, all of whom were hands-on car professionals.

I hope there's someone who can step into the void. My guess is that the thread will die unless someone with real auction data chooses to participate.

Thanks again.

jproc · June 2011

yes thank you very much.Over the years I have gotten great advice here

roadburner · June 2011

Thanks again!

rayainsw · June 2011

I also appreciate the time you have spent to research
and post here - thanks!
- Ray
No idea where I will find similar info
when the time does come to trade or sell....

stickguy · June 2011

get a Galves subscription?

rayainsw · June 2011

Possibly - a 1 month sub....

Regular Price: $39.95
On Sale For: $18.95

polliviere · June 2011

I have watched this site for some time and am truly sorry to see you go. Your advice has been very good and has helped a number of people.

I myself have never used Galves in the years that I ran my business relying mostly on the industry standards of Black Book and actual daily auction reports. The volatility of car values and the market itself means that the real value of a car is what is it selling for at auction today. Every other price, tradein, retail and private sale is based on that value.

qbrozen · June 2011

appreciate the appreciation.

Just so y'all know, i'm not going anywhere. Just can't provide that kind of accurate info anymore.

For that 1-year subscription, they gave me a deal at, I believe, $119. Now they want double that! Thankfully, I just bought a car right before it expired. Hopefully I won't need it anytime soon.

nyccarguy · June 2011

Thanks for helping us all out with YOUR personal GALVES subscription. Perhaps edmunds.com could pay for one for the host so they can continue to provide pinpoint used car/trade in pricing?

I think many of us regulars don't put a whole lot of stock in TMV pricing.

Kirstie_H · June 2011

Yeah... I kind of doubt that would happen, but you could always email someone higher up the food chain, send in a help desk ticket, or post in the Forums software discussion.

payson · June 2011

Thank you!

kyfdx · June 2011

If we are going that far... I say we go for the MMR..

I'll do it...

corvette · June 2011

I hear that, for a few months, there was some sort of backdoor that made the the MMR records open to the public. It was pretty cool. Not that I would know! :P

qbrozen · June 2011

That's what I was thinking...

I mean, you would think such a reputable site as Edmunds could base their TMV trade-in values on real auction reports.

Kirstie_H · June 2011

A NY Times reporter is looking to talk with someone who traded in a car - or plans to trade one in - because the value had gone up or because the dealer contacted them asking if they would trade in. If youd like to discuss this experience, please contact pr@edmunds.com by Friday, June 10.

mookie25 · June 2011

Location: Washington, DC area
Year/Make/Model: 2007 Subaru Impreza Outback Sport Special Edition
Body Style: 4 door wagon/hatchback
Engine: 4 cylinder boxer
Driveline: AWD
Mileage: 27,000
Color: Blue with gray trim
Major Options: Automatic climate control, 6 CD player, sat radio - all of these came with the special edition trim
Condition: One large dent that we will fix before selling and the usual handful of tiny dings and scratches that would be on any 4 year old car
Tires - Original and getting somewhat worn
Brakes - Never had any brake work done
Maintenance - Followed instructions

I will be selling this car within the next few weeks and would love a couple of educated (or even uneducated) guesses as to what this car would be worth as a trade in or in a private party sale. I have looked at KBB, but have a hard time believe some of those numbers - they just seem too high.

qbrozen · June 2011

stick or automatic?

mookie25 · June 2011

Automatic.

kinsale · June 2011

Location: Southern NH
Year/Make/Model: 2009 Kia Seodona LX
Body Style:Minivan
Engine: 3.5 Liter Automatic
Driveline: FWD
Mileage: 29K
Color: Blue/Gray
Major Options: Power Sliding Doors
Condition:
Good condition, some external scratches not deep.
Tires - 50%
Brakes 50%
Maintenance: Up to date
Other: No major or minor issues. Looking for trade in value.

mrbreezeet1 · June 2011

Location: Wheeling WV
Year/Make/Model: 2002 Olds Alero
Body Style: /4dr Sedan
Engine: 3.4 liter, 6 cylinder, auto
Driveline: FWD
Mileage: 135,000
Color: [exterior/interior]
Major Options: Power windows/door locks cruise
Tires are pretty new.
Maintenance, was told was maintained well. Oil, ATF changes etc.

I am looking at an 02 with a V 6, it's a little rough, and the ABS and traction control light are on, as well as a check engine light. Claims it's the left front hub/sensor, and he will get it warranted (part only) and "Help" me install it. ( I don't need "help" installing it, it's about a 1 hour job)

As far as these ABS light and traction control lights I have seen where a bad Hub/sensor will do this, As I have worked in a garage all my life.

Supposedly the oil and other services were kept after, and again, supposedly the intake gasket was already replaced 2 years ago.
There are 135,000 miles on it.
The hood needs painted and the left rear door and quarter are dented, with the front dog leg rusting out due to the dent. Rest of the inner fenders and wheel hole openings look solid.
Top of dashboard is messed up, "rippled" or like the fabric has come loose from the substrate.
He is wanting $1,500.00 I am wanting to pay only $1,000.00 due to the miles and the work needed.
I heard through the grapevine this is his girlfriends car, and she only wanted about $800.00 for it, and he is just trying to make some money on the deal.
Or do you think it is worth $1,500.00

Only other option right now is to doctor up my 1994 escort wagon and try to get it inspected.
Inspection runs out end of June, 2011.

Thanks,
Tony

jproc · June 2011

I had an 03 Alero and the car was possessed.Impossible to start and it would stall out when driving on the highway at 70mph. Take a look at the Alero reports on this site as my experience was apparently not unique.IMHO the car is dangerous

johnxyz · June 2011

For years Qbrozen has contributed enomously to this forum on his own time(Edmunds.com is a innovative,well-respected automotive website - constantly referenced in the media/press - significant advertising revenues and I'm certain income) and you mean to tell me Edmunds.com Inc. will not purchase a Galves subscription for Qbrozen. And I see that the hosts are are not empowered to make business decisions? Huh??? I don't mean to over-react but when I read these last few posts I just couldn't believe it. 199 bucks - really Edmunds??? seriously ????

mikefm58 · June 2011

I mean, you would think such a reputable site as Edmunds could base their TMV trade-in values on real auction reports.

I'll take a wild, just a wild guess at this, and say there may be something in the Terms & Conditions of a Galves subscription that forbids posting this information publicly. Just a wild guess on my part.

kyfdx · June 2011

Not that I know for sure, but that's probably a pretty good guess... Hope the Galves police don't bust qbrozen.... lol

mrbreezeet1 · June 2011

Thanks jproc,
Well that don't sound good. I have been off work sick since Friday, so I have not seen him.
I did offer $1,000 Thursday, but he said "She" wouldn't go for it.
I wouldn't mind taking it if I could get it for $1,000, but not sure still about $1,500.00.
See what happens this week, I'm taking the last week off in June to patch up the excort and either replace or have it replaced the exhaust, and take it for inspection.

Thanks,
Tony

Kirstie_H · June 2011

1) Dan Edmunds is an editor. It is pure coincidence that his last name is the same as his employer's name.

2) No, hosts don't have purchasing power. We aren't located in the main office, but are spread throughout the country. Our boss is located in the main office, and controls the budget, and has no problem with requests that would enhance the community experience.

3) As mentioned by others, Galves is a fee-for-subscription service. While they aren't likely to make an issue over an individual posting information from their service, they'd probably have a problem with a company doing so. It would be no different than if I had a Carfax subscription and posted complete Carfax reports for people, for free.

qbrozen · June 2011

Oh, sure, if Edmunds posted info directly from Mannheim, it would be a problem. However, that's not exactly what I'm talking about. Galves, for example, populates their database based on auction results, at least according to their literature. Edmunds could obviously do the same thing. Whether or not they use mannheim published data to do that is completely up to them and nobody needs to know.

I have NO idea where the Edmunds numbers come from now .... but we know its not from reality.

And I absolutely agree with NOT buying me a subscription. It would be a conflict of interest and could land Edmunds in hot water, for sure.

woodyww · June 2011

Maintenance, was told was maintained well.

This Alero sounds really, really nasty. Personally, I wouldn't pay even $1000. Your escort wagon, at least you know what it needs, & the history? I'd keep that.

Just opinions from an amateur car buff who hasn't seen either car.....

Kirstie_H · June 2011

I couldn't agree more. You're going from a "beater" that's has issues mostly known to you, to a "beater" that may have issues unknown to you. Unless you can buy a vehicle a step up - at a couple thousand dollars more - it's really not worth making a lateral move into what might be a disaster.

sharona211 · June 2011

North of Boston - near many car dealerships
2000 Mits Montero Sport Ltd
4 dr SUV
6 cyl
4WD
115,000 miles
White/Beige
moon roof, premium sound, luggage rack, rear ac/heat
no major dings or scratches but it's a 12 year old car...
tires worn
brakes need new pads
maintenance - spotty at best
no accidents or body work since I bought it used in 2002 w/ clean CarFax

im_brentwood · June 2011

Hmmm..

Depending on condition... probably a $3,000 vehicle. Galves pegs it at $3200, but MMR also looks like 33-35...

Not a really strong vehicle at the moment.

Hope this helps.

Bill

qbrozen · June 2011

Hi Bill!!

im_brentwood · June 2011

I'm baaack!

How ya been?

Kirstie_H · June 2011

Since qbrozen let his Galves subscription lapse, I'm guessing the answer is "relieved" now that you've appeared. He provided excellent service while it lasted!

centis · June 2011

Quick follow up.

Listed my 2003 Forester with 94.5K on CL for $7,900. Not much interest after 1 week. Relisted for $7,250, and received alot of interest. Just sold for $6,900.

im_brentwood · June 2011

I have one, and the books, and the app, and FirstLook, etc...

It's not like Manheim tho, only one person can use the login at once

It's the only guide we use here... Just had a customer in the other night, $2k TMV on a 100k mile 00 Windstar 3.0LX?

qbrozen · June 2011

good. congrat. I said list it for $7500 and take $6500, so you fell right in the middle there. Couldn't ask for better.

centis · June 2011

Thanks.

The buyer got a very good car at a fair price.

Fyi practically every dealer I spoke with was $4K on a straight trade. So I feel very good with what I got. Plus that's one less point of contention when we buy the new car.

fezo · June 2011

It's the only guide we use here... Just had a customer in the other night, $2k TMV on a 100k mile 00 Windstar 3.0LX?

Oh, well those Windstalls really hold their value.

sharona211 · June 2011

Thanks for your response. I've been offered much less at trade in so I think I'll try CL to see if I can sell it myself.

im_brentwood · June 2011

What kind of shape is it in? Any previous accidents? Rust? Damage? If it's edg I could easily see 1500-2000

kinsale · June 2011

Location: Southern NH
Year/Make/Model: 2009 Kia Seodona LX
Body Style:Minivan
Engine: 3.5 Liter Automatic
Driveline: FWD
Mileage: 29K
Color: Blue/Gray
Major Options: Power Sliding Doors
Condition:
Good condition, some external scratches not deep.
Tires - 50%
Brakes 50%
Maintenance: Up to date
Other: No major or minor issues. Looking for trade in value.

im_brentwood · June 2011

Assuming no paintwork.. I'd say 12,000-$12,500 assuming clean carfax, etc.

Real-World Trade-In Values

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