Real-World Trade-In Values

stickguy · February 2012

that is exactly what I was going to use as my private party ask price (and I can be patient, not being forced to sell) and shoot for something above 10.

If they offered me upper 8s I would probably take it to save on tax and regisitration costs (since I could transfer tags). And of course, the hassle factor.

roadburner · February 2012

But what is this puppy worth?

Kirstie_H · February 2012

Whatever the teenage girl who buys it is willing to pay.

Snort.

(I couldn't resist.)

roadburner · February 2012

It's an R32- not a New Beetle or a Golf Cabriolet, for Pete's sake... :mad:

kyfdx · February 2012

No stick, no sale..

Doesn't seem like that great of a price... I'd want one with lower miles, too..

qbrozen · February 2012

I can tell you EXACTLY what its worth. It crossed the block in Ohio right about 4 weeks ago for $18,500.

Personally, I never understood the appeal of these over a GTI ... at least not enough to justify the price difference. I mean, that's like $6k more than a comparable '08 GTI ... for what? A heavier, thirstier, less balanced model with AWD?

roadburner · February 2012

Thanks!

nyccarguy · February 2012

I don't care what it is, yes it has AWD, DSG, is fairly heavier & more expensive than a comparable GTI. An R32 is 1st & foremost a VW. This particular VW has over 63K miles. How much does a new DSG cost? How many people have fried them? Run of the mill VR6 - how many times have the ignition coils been replaced?

joeko · February 2012

Hey guys, can anyone please respond. I'm looking for a 2008 BMW m3 coupe with less than 40k miles. What are these cars worth at dealer auctions? Thanks

Kirstie_H · February 2012

Not enough info - what's your location?

ateixeira · February 2012

The R32 is definitely overvalued, but it's probably because it's the top model of a niche car with a lot of rabid fans.

Personally, I'd take an EVO or STI, and trade off a little refinement for the extra performance.

qbrozen · February 2012

stick or auto?

Anywhere from $36k-$42k, depending on location, transmission, and condition.

nyccarguy · February 2012

Hey Qbrozen. I stopped by a BMW dealership's CPO lot on my way home from picking up my wife's valentine's day gift & found this little gem.

2008 BMW 335i (CPO)
31,031 miles
Alpine White/Black Leather
Premium/Cold Weather/Sport
6-Speed Stick

Saw it at the dealership with an asking price of $33K. Came home to look it up online & see it is listed with an Internet price of $29,825.

Carfax is clean. Lists it as a 2 owner car. Owner #1 leased it for only 5 months & drove 4500 miles. Owner #2 leased the car for 2 yrs 10 months.

Air intake hose & spark plugs replaced @ 13K
Computer reprogrammed @ 18K
Muffler replaced @ 22K

What says you about the car's auction price? $24,500 - $25K? They let it go for $27?

Just curious:)

explorerx4 · February 2012

GB, thanks for your help.
I gave my BIL the numbers you posted and took a look at the Explorer.
It had about half the miles of my same year '02 Explorer, but didn't look any better, plus I pointed out some body repairs.
My BIL asked for the CarFax and the guy kept stalling, so he passed on that one.
Ended up buying an '04 Limited V8 AWD with 80k for 8100 from a local dealer he has known for quite a while.

kb1gra · February 2012

Location: Massachusetts (Boston or Hartford)
Year/Make/Model: 2008 Lexus IS250 AWD
Body Style: Sedan
Engine: 2.5L V6, automatic
Driveline: AWD
Mileage: 43300
Color: Smoky Granite Mica (dark gray)/black leather
Major Options: Premium pkg (HIDs, seat memory, upgraded sound, etc) Mark Levinson Sound, Navigation, Backup camera, bluetooth, sat radio
Condition: Good. Some damage to rims, otherwise cosmetically good.
Details of interior and exterior, including dings, scratches etc. One small scratch passenger door handle.
Tires - new fronts, 75% rears, high performance summer
Brakes - new
Maintenance - complete service records.
No damage, repairs, or insurance claims.

I'm realizing that I am just not a sedan person, but I got an offer of 18560 for this car and I think it is worth more than that. Retail should be around $26k. Can someone give me a better idea of a real trade in value? I won't trade it in if I can't sell it for what I owe.

breld · February 2012

Follow-up on our 328xi. The dealer did step up with a $20,000 trade allowance today on our purchase of a new X3. Pricing on the new car was fair too - about $1,200 less than the local one-price BMW dealer.

They were pretty upfront and said the auction values were around $16k on the low end, which is consistent with what qbrozen said. So how and why they decided to get to $20k I'm not sure, but we sure were happy they did.

As always, thanks for the advice. It provides a lot of confidence with the negotiation process.

roadburner · February 2012

If it had a Coral Red interior it would be PERFECT!!!

qbrozen · February 2012

This is a sedan, right?

let's see.... an alpine white 6spd with 31,021 crossed the block in PA on 2/9. Does that match up with the carfax?

That one got $23,800.

If this particular dealership CPO'd it, then they are going to be into it for quite a bit more. If they just had to flip it, then, yeah, $26,500 or so should do it. But, as you know, BMW CPO costs are quite expensive. Might take as much as $29k to get it done if those costs came out of their kitty. My guess is they'll say their internet price is firm.

qbrozen · February 2012

sounds good.

qbrozen · February 2012

Unfortunately, as far as trade-in is concerned, that's about right. The right dealer at the right time might push it another $500 or so... but you aren't going to see much more.

You might try a carmax type place. They are getting close to $20k at dealer auction, so if someone wants it for their lot, they might step up on it.

You could always try to private sell it at an asking price of $22,995 and hope for $22k.

AWD with summer tires in Boston? probably need to rethink that this time of year, huh?

qbrozen · February 2012

crazy.

congrats!

robbieg · February 2012

One down the street. 2009 IS 250 AWD w/out nav or summer tires. 22000 miles and dealer is asking 25500.

robbieg · February 2012

Pittsburgh, PA 33,000 Auto, awful blue color with Tech package. Asking 20,000. What are your thoughts? Not sure if I can stomach the color.

Seems like a lot of car for 20,000.

nyccarguy · February 2012

Roadburner - it's a sedan. Forgot to list that. Whoops.

qbrozen · February 2012

going for about $18k at the block, so its a fair price.

nyccarguy · February 2012

Must be a different car than the one you saw on "the block."

Here's a link to the CarFax

This particular dealer I know marks up their CPO costs a lot. That was part of the reason I didn't buy out the lease on my X3 from them back in August 2010. The buyout from BMWFS was $26K & change. They offered to sell me the car for $22,600 ($22,100 with the $500 security deposit I'd already left when I originally leased the X3) + tax. To make it a CPO car they wanted an additional $3K. Their reconditioning costs would have been next to nothing as the car was in great shape & had 4 new tires (2000 miles on them). I've said it a lot on these here boards, I wish I'd have bought out the X3. I've been virtually searching for my next BMW ever since. I'm seriously leaning toward CPO in a few years (328xi 4 cyl or 528xi 4 cyl).

At the time, it didn't make sense to take the depreciation hit and trade in my (then) year old 2010 Acura TSX Tech with 17K miles and take out a loan on a 2007 X3 (with minimal options) with 46,000 miles. I was also about to close on my house, so I wouldn't (according to the bank) have been able to make the extra payment.

robbieg · February 2012

Thanks for the advice.

qbrozen · February 2012

Yup, definitely a different one. But same color and miles, so value is comparable. Of course, I can't tell all the options the one at auction had. It could have had Nav, which would have bumped it up, or it could have been sans sport pack, which would have hurt it.

In any case, as far as I'm aware, the extended warranty from BMW alone costs and arm. So I'd still venture to say they won't back down much, if at all, from that internet price.

nyccarguy · February 2012

Check out this RWD Minimally Optioned 2009 328i 6 Speed at the same dealership I saw the Alpine White 2008 335i SP 6 Speed Stick

qbrozen · February 2012

well, Sport and Cold Weather, so its not a stripper. About $20-21k at auction. $24k purchase would be the moon.

kyfdx · February 2012

I wonder why they didn't certify that one?

I like the '09s... that's the year they got rid of the eyebrows....

kb1gra · February 2012

I owe just over $20k on it. Bought it last June for 27800, with 31k miles on it. At the time, that was the best price I could find anywhere. These are actually not that easy to find loaded with the nav/upgraded sound/memory seats/X pkg. The only thing my car doesn't have is the radar cruise control.

It's actually not bad in the snow, my life has just changed since I bought it and we are thinking something like the new CX-5 will meet our needs better.

I am hoping the depreciation slows this next year and maybe I can trade it for about the same price in 4 or 5 months. Unfortunately, MA offers a tax benefit for traded in vehicles that reduces the sales tax, and because I didn't pay sales tax on this car in the first place (lived in NH at the time) it amounts to a substantial discount on a $30k new car.

I actually have the original window sticker for this car (though I was not the first owner) and it was just under $50k new. Really sucks that used car values were so high 6 months ago but seem to have taken a hit.

nyccarguy · February 2012

I don't know why it's not certified either. Anyway, it's too small, has the wrong transmission, and only drives 2 wheels which renders it useless to me.

Wife won't sign off on 2 cars she can't drive (Prelude's not going anywhere anytime soon).

seank2 · February 2012

">link titleI posted this one about 6 months ago, but my wife decided she "needed" a new car more than I did, so to keep the peace with the boss, she won. Now that she has her new wheels, I've been given permission to start looking for me. So, we have:

2005 GMC Yukon XL Denali
6.0V8/auto/AWD (the only way they come)
119,000 miles
Pewter over gray leather
Denalis only come loaded, but this one has all 4 options: Nav, rear DVD, rear heated buckets and moonroof.
All maintenance is up to date, tires are probably 60%, and interior and exterior are pristine.
It had a full detail in December, and is about due for another to get it sold.

Location is Brunswick, Georgia, on I-95 halfway between Savannah and Jacksonville, Florida, and would be traded in one of those places. This is rural south Georgia, so there's always a market for big trucks and SUVs, despite th $3.50 gas we have.

I've had a highline euro dealer offer me $10-11,000 in trade for it sight unseen, which strikes me as very fair.

This screams retail road to me, so what do the experts think.

For some reason, this has caught my eye, despite the no sale green:

http://www.autotrader.com/fyc/vdp.jsp?ct=u&car_id=315898053

2007 530xiT, Dark Emerald Green over tan
Auto, Premium (?) but I don't think sport pack
57,000 miles, one owner out of Hilton Head, SC
Asking price is $25,950 at either the Honda or Mercedes dealer in Hilton Head.
The same car is on autotrader by the former owner at $24,500, but I'm thinking they got less than that one trade.

The no sale green is my least favorite color, but find another one, aside from the 2010 535xiT in Atlanta posted over on CCBA the other day for twice the money.

Thoughts on this are appreciated too.

qbrozen · February 2012

$10k trade is about right. They are fetching around $11k at auction.

They probably got around $20k on trade for the bimmer. The few that have gone through auction have gotten $21k. $23k should get the deal done unless they buried themselves in it.

Me? Well, if your state gives tax credit on trade-ins, I'd be looking to get it all done at the one dealer. Start them at $11k and the Denali and let them bully me to $13k max.

zyaaaaa · February 2012

Hi all - need help with this one...

2008 Nissan Xterra SE, Black
4.0 V6, 4WD Auto 43K miles
All supplemental airbags, towing package, cargo cover
Clean condition, newer tires, no accidents or repairs ever

ZIP is 32226. I've been following the online values but some have told me these things get scooped up for top dollar at auction and shipped overseas. :confuse: I'm just trying to figure out which of the upcoming months is our break even point so we can trade it in.

Thanks!

qbrozen · February 2012

Not many '08 SEs going through lately. Alot more Ss. Looks like it might maybe fetch around $18k if its knee deep in rubber, clean inside out, etc. So, as a trade? Eh... they could hit you at $16k and maybe be pushed as high as $17k if you fight hard enough.

zyaaaaa · February 2012

Excellent - thank you! Would be awesome to get 17 but I'll temper my expectations.

robbieg · February 2012

I am always shocked when I see Xterra prices. They are much higher than they were in 2005 when my wife and I looked into buying one.

I like the size of the Xterra and the off road ability but I hate the roof rack.

zyaaaaa · February 2012

Totally agree - I hate the roof rack. I really wish they would make it optional and add a sunroof option. It's a great vehicle and the second we've owned. I can get over all of its quirks except those two items. We are eying a Jeep Wrangler Unlimited this time around.

6eorge · February 2012

So I'm thinking about reducing our household payments, along with trading this up (in size, not price) to something bigger. We have a 2008 Alpine White 328i Wagon that is RWD with 80k miles. It has the sport package, premium package, i-drive (navigation, sirius, bmw assist, etc) and heated seats and parking sensors. I'm the second owner. It is in excellent condition - or will be once I refinish the front bumper. Due to wagons being such a low volume car, just wondering what range I should consider fair on a trade in? Oh and it is in the Minneapolis area (55401).

qbrozen · February 2012

Trading a car with 80k miles is going to reduce your payments? yikes.

Well the miles are an absolute killer. No wagons with those miles have crossed the block this past month. You are also in Minnesota with RWD. So that puts us in "guessing" territory. And I'm guessing $15-$16k.

Word of advice you didn't ask for ... don't trade to a lower payment in exchange for higher fuel bill.

6eorge · February 2012

Well - by reducing payments - yes we owe $17K, but I thought would could get into something decent for about $10K and cut our pmts in half. The high miles are because we were a one car family for about 3 yrs. With that trade in range, probably not worth the savings....seeing that another used car brings about another set of unknowns. At least I know we've maintained this one well. Those KBB and other "trade in" values are so high!

Thanks!!!!

seank2 · February 2012

Q,

Thanks for the help. The numbers are better than I thought they'd be on both accounts. I think South Carolina has a sales tax credit on trades, I know Georgia does, so it will save a bunch of money on taxes to go that route.

I almsot hate to buy the first thing I see since the hunt is half the fun of a new car, but a 5er wagon is a rare bird indeed, so the search may be short.

qbrozen · February 2012

Well - by reducing payments - yes we owe $17K, but I thought would could get into something decent for about $10K and cut our pmts in half.

Decent and $10k don't necessarily go hand-in-hand, especially when you are talking about something bigger. You are absolutely right about not knowing what you'd get with another used car. It really depends on what you are looking at ... but most $10k minivans or SUVs would be dogs, especially compared to an '08 bimmer. You have to decide what you could live with.

qbrozen · February 2012

good luck. let me know how it turns out.

drew11m · February 2012

Anyone have an idea of the current trade value for a 2011 Hyundai Elantra Limited (no nav) with 17500 miles.

2011 Hyundai Elantra Limited (no nav)
Mileage: 17500
Location: St Louis, MO
Accessories: none
Condition: Excellent/high range of very good
Color: Indigo Blue Pearl/Gray
Tires: Original Tires, nice tread
Brakes: excellent
Services: 1000, 7500, 15000K services completed.
One tire replaced.
No accidents or hail damage. Some paint chips in front from winter salt/dirt laydowns. One three inch buffeable scratch on A-pillar

Have been offered 17500 from the Hyundai dealership, and around 16600-16800 from a BMW dealership.

Given the relatively low mileage, the current demand for Elantras (a GLS with 18K miles being sold on the lot for 18900???) is 17500 a good price or should it go for a little bit more?

Any assistance provided is greatly appreciated.

gooddeal2 · February 2012

Given the relatively low mileage...

17.5K miles for a year old car = low mileage?

My '10 G37 has 8k miles and '10 Altima has 15k miles. :shades:

caravan2 · February 2012

Hello,

miles: 40K

Rental sale....

Please share your purchase experience?

Would you buy M35 rental... specially it requires premium gas... and you can't trust all the rental customers to put more expensive premium gas... probably most used regular gas... would this low grade caused some damage to the engine??

Also, I have noticed, these sit for long time on the dealer lot... what do you think the cause of it??

drew11m · February 2012

Low mileage relative to the 2011 GLS's with 19-25K that are being listed on lots for 18900 or higher

Real-World Trade-In Values

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