Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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All I can think after my experience this year is "NOOOOOOOOOOOOO!!!!"
Don't worry; I've been driving and wrenching on BMWs since 1983, and I haven't been burned yet. Not to say it can't or won't happen, but I know what can go wrong and I know when to walk away.
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
The Good:
The car has been detailed and the headlamp lenses are now crystal clear(can't understand why they used pictures of the car with frosted lenses)
All the electrical gadgets work- windows, sunroof, heated/power seats, OBC
The engine had plenty of power(all things considered) and the transmission shifted smoothly
Suspension was tight and responsive
The complete tool kit is complete.
The Bad:
SRS light is on(no idea why)
Vibration/surge at speed(my SA and I suspect the inner CV joints)
Tires are crappy Dorals
Radio display has a few DOA pixels(no biggie)
Spare has a bent rim(ditto)
My plan was to let my SA inspect the car on my nickel(his wife also has a 325xi) so I'd know what was causing the SRS and drivetrain issues- and if I bought the car I was going to have it fixed at the dealer AND I anticipated spending another $500-$750 in the Service Department to have all the fluids and filters changed. However, my sales guy wen to the UCM and was told the price($10950) was firm...
Fair enough, the car has only been on the lot a few days- and if the UCM thinks someone will pay almost $11k for a car with those issues, well... more power to him. I told my sales guy no hard feelings- and to give me a call if the price gets dropped. That's what I love about shopping for a car when you don't need to; you just move on. :shades:
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
That's a lot of money. Put it this way... guy I know just paid $7,500 for a clean driver 62 T-Bird...
Doral tires? What kind of cheapskate buys those tires for a BMW? Remember.. first thing I look at are the tires when I appraise a car.
Someone who was tired of dumping money into a car they purchased with no understanding of the maintenance it needs?
I don't care what I'm driving - tires are some of the most important things you can purchase for a car and I cannot imagine skimping on them. All it takes is one emergency maneuver or one slick road for them to earn their keep.
Location: Richmond, VA
2010 Toyota Corolla S
4 door sedan
4 cylinder, 5 speed manual
24,000 miles
white with black cloth
Keyless entry, cruise, tilt, moonroof, alloys, S sport package
Garage kept, dealer maintained (ToyotaCare maintenance), normal (I think) wear on tires, brakes, etc.
29,000 miles
Silver w/ Black Leather Interior w/ wood
V8 w/. 7 sp auto tran
Nav
Sunroof
No vented seats however
New tires on 18" AMG wheels (I think)
I small dent otherwise pristine
In New Jersey
Appreciate dealer trade-in/auction/Manheim/Galves pricing asap. Thanks a lot.
Figure in and around that $12k mark.. if it's real nice I might go $12,500.. handshakers scare the masses off.
Bill
$22,650 is Galves with Nav and 29k, add $1200 if it's actually got sport package.
MMR is kinda unreliable on these, but ONE did about $26k at Manheim with a bit less miles, OTOH, there's not enough of these to in any way set a market value (08 Grand Cherokee? Yes, 08 E320 4matic? Yes.)
One car at Manheim just isn't gonna tell us anything... it could be there on the right sale and could be on Hollenshead's lane..etc.
If it's sport and Nav, clean carfax, no paintwork, good rubber, all there... I could see $23,500-24k. Did actually run this one by a big Mercedes buyer I was speaking to earlier, he did mention that they are kind of stiff at the moment.
Tom
It's why I have a big beef with a lot of online trade-in valuators... It's like Kelly Blue Book, they spend a ton of money claiming their values are accurate, but the reality is...
Customer comes in, KBB printout on their 2003 Sienna with 160k miles, KBB says $4800, meanwhile...
Galves hits it at, say, $2800, and I look and they're doing maybe mid 3s at the auction. So after I detail it, ship it, pay fees, etc... figure I net $2800-3k out of it.
So I pencil it at $2800 and I'm the crook.
Funny thing is, KBB won't buy your car
If its turning over, then its not catastrophic. I'd get it fixed.
'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
Thanks!
Galves pegs the car at $14,525 with 63k and if the car is all there it might break into the mid 15s at auction.
08 Maxima SEs are worth $18-19k wholesale... but not with 63k miles, more like with 16-25k miles.
Wow, I didn't really ask for attitude in the reply. The rest of your reply was a little more helpful, but you don't need to start out with an attitude. (Ever wonder why people dislike car salesmen?) I was simply trying to understand why the value was significantly lower than the KBB and NADA value for a 2008 Nissan Maxima that's fully loaded, especially considering I see identically optioned Maximas on dealer lots selling for $22k+.
16-25k miles on a 3+ year old car is ridiculous, especially considering the 08 model year went on sale in 2007 (I bought mine in 2007 - I've had it for 43 months.) 25,000 miles on a three year old car would be 8,333 miles a year, significantly lower than the national average. I have quite a few miles because commuting in Los Angeles will do that to you.
Not to mention, even if there was attitude (which there wasn't), you are here requesting free professional advice. If it isn't up to your standards, you know your way out, and you can leave the freebie at the door on your way.
'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
Any thoughts on a 2005 Subura Legacy GT Auto with 62K in Pgh. PA with a bad Car Fax. Insurance adjuster screwed up and the repair came to almost 15K and included a new turbo. Should have been totaled.
MODERATOR /ADMINISTRATOR
Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
Review your vehicle
It wasn't an attitude. Whether or not you like car salesmen (Im not a salesman technically) is indifferent. That's what your car is worth as a trade-in. I pay attention to Maximas at auction because we also own a Nissan store. Your car isn't worth $18-19k, IIRC we recently paid about $17k for one with roof, leather, navi, etc. It had about 37k miles AND it was Black with Black interior.
Why does NADA and Kelly say different? Who knows. These guides are famous in the industry for their inaccuracy. If they were accurate it'd be great, I'd save $200 a year on my galves.com subscription.
Don't shoot the messenger.
If it was hit hard enough to need a new turbo (I'm assuming front end?) then it's probably had damage to the unibody structure of the car so in the business that's called frame or unibody damage.
That's kind of a kiss of death I'm afraid
How bad is the carfax? Does it mention that the vehicle was towed? Airbag deployment? That stuff hurts unfortunately.
Galves with the miles is $8,825 but if I saw one with a dirty carfax and unibody damage I would probably be $6,500-7k on it. These aren't really doing out of the book at the auction, so I'd have to be very careful with it.
Sorry...
Bill
They're not selling for $22k, that's the asking price.
Oh, that would do. You wouldn't let a little thing like profit get in the way would you?
Haven't pulled the Car Fax. Maybe I should do I so I know how bad/good it is.
MOST states do allow a tax credit on a trade-in, but not all do.
Where do ya live?
An R title probably means reconstructed... which means it was totalled and then rebuilt.
R title = SUPER bad. R or Rebuilt/Reconstructed/Previous Salvage/etc means a good 50+% whack to a car's value.
Read the fine print.
'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
'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
The best way to get a good deal on a car is to ignore those logically impossible ads and go in prepared to negotiate your best deal on trade-in and purchase. Sure, there may be one particular vehicle that's at a great price, or a dealership/salesperson may need that one more sale for a bonus, but a consumer doesn't necessarily know that. Settle on an acceptable trade-in offer, settle on an acceptable purchase price. It really is just THAT easy.
MODERATOR /ADMINISTRATOR
Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
Review your vehicle
Location: Severn, Md. 21144
Year/Make/Model: 2009 Honda Odyssey Touring
Body Style: 5dr Minivan
Engine: 6 cylinder, automatic
Driveline: FWD
Mileage:49500
Color: Maroon (Red) exterior, brown leather interior]
Major Options: Touring model, alloys wheels, DVD entertainment system, parking sensors, backup camera, navigation, moonroof.
Condition: Good
Minor scratches touched up with touchup paint.
Tires - Maybe 50% worn
Brakes - Maybe 50% worn
Maintenance - current
Other: One accident from rear end strike less that $2000.00 in damage.
Let me give my thanks to the insiders that offer answers here.
2008 RX no nav with 37L for 28,500
2008 Highlander Limited no nav with 30k for 28,000
I like the Highlanders but I would much rather have either of the other two. I would have thought that the Highlander was at least 3000 cheaper. Guessing the MDX is the best buy?
And these are selling prices since this is a no haggle dealer.
If the accident shows on Carfax, $20,000-21k tops. If it doesnt... I'd be $21,500-22k.
Kinda fat miles and the color isn't a help. Sorry
Bill