Real-World Trade-In Values

nyccarguy · September 2012

Yo Q! I did the GT Dream Cars Groupon thing this past Sunday. All I can say is WOW! I've never driven a Ferrari before and was blown away by the F430. The car was an F1 Style Automatic & they basically just have you leave it in (D)rive. Everything about the car was just amazing. That Ferrari V8 screaming behind me was worth the price of admission. I definitely wouldn't pay full price for the 4 laps, but it did get me interested in taking my car to the track. I think they actually will rent the track out for 6 hour periods for a reasonable cost.

explorerx4 · September 2012

NYC, you could join the BMWCCA. They rent track time at various places, Monticello, LRP, etc.
Keep your finger crossed tonight. Had to sweat out 2 games yesterday.

nyccarguy · September 2012

I am a bmwCCA member. Most events that the local chapter runs are on Saturdays. I work. Even I think they run @ lime rock every year. No racing on Sundays @ lime rock.

deadkarma · September 2012

Hi all,

Would love it if someone could give me some auction info on my car.

I'm in Long Island, NY.
I am looking to trade in a Silver 2004 Volkswagen Golf GLS Automatic 4DR.
Heated seats and a moonroof.
It has 79k miles.
One of the latches to fold down the rear seat doesn't work, but otherwise it is in good condition.

tjc78 · September 2012

Hey Q,

May be selling my Fiance's 2008 Elantra.

GLS,
35000 miles
Great overall shape, original tires 50%, interior as new.
Bad Carfax. 9K damage when new.
South Jersey (near Philly)

I'm thinking maybe listing at 10,500 and take 9K. Or.... just get a buy bid from a dealer and take 8500.

Am I in the ballpark?

The pain is we still owe a little on it, and that always poses problems with PP sale.

robbieg · September 2012

For a friend in Pittsburgh, PA

2002 Audi A4 3.0 AWD sedan
manual
miles around 80,000 or so?

Having trouble figuring out a price on this one because the miles are fairly low for the year. Dealers have them listed for about 9000 but this one is private party.

stickguy · September 2012

will you take 6 grand?

Oh sorry, just channeling the CL emails I have been getting on the van!

tjc78 · September 2012

I can't believe you haven't sold the van yet. I thought it would have went fast.

stickguy · September 2012

a few feelers, a couple of low balls without ever seeing it, and 1 guy that came out, seemed to like it, but I have not heard back from.

I do have someone from Delaware that was real anxious to see it. Emailed with him earlier in the week and he wanted to come out tonight or tomorrow, but I will be surprised to actually hear from him today.

I expected a lot more interest, especially after I dropped the price 1K, and put it on cars.com too.

Oh well. Live and learn. I guess I should have tried to sell it before buying the new car!

qbrozen · September 2012

I just know the auction results, and there were all of 3 sold since the summer.

qbrozen · September 2012

cool. Really wish I was shorter in this instance.

qbrozen · September 2012

Assuming no runs, hits, errors, and maintenance up to date, knee deep in rubber, etc, a dealer will probably hit you between $3500-$4k on it.

Sounds like a good private party car. $6495 asking, and $5500 taking.

qbrozen · September 2012

Not even close, I'm afraid. Non-damaged ones with those miles are only getting the high $7s at the block.

As always, its real tough to judge without seeing the repair work, but assuming all is top-notch, that's still gotta be a good 20-25% hit on it. So maybe worth $5500 to a dealer??

qbrozen · September 2012

color combo and options would help here.

$9k would be bold unless it was really special.

Here are your under 100k comps:
08/24/12 FT LAUD Regular $5,700 74,302 Avg BLACK 6G A
09/19/12 NY Regular $4,000 92,178 Avg BLUE 6G A
09/12/12 SAN DIEG Regular $6,200 95,704 Above SILVER 6G A
09/19/12 CEN FLA Lease $4,700 97,960 Avg SILVER 6G 6
08/23/12 PHOENIX Regular $3,300 99,182 Avg BLUE 6G 6

So... private party? Pretty much the same as the above Golf: Asking $6495 and taking $5500.

tjc78 · September 2012

Not even close, I'm afraid. Non-damaged ones with those miles are only getting the high $7s at the block

OK, I thought I might be high. PP sale will be the way to go. There are a couple for sale at dealers nearby and they are asking $11,500 and two for 13k!

I have a friend who may be interested. Not sure how I would price.

Repair work is pretty darn good and was done with all brand new parts. It probably also helps that the repair was done when the car had less than 200 miles on the clock.

Based on the auction data, no way a dealer on a straight buy bid would offer more than 6K.

Thanks!

Kirstie_H · September 2012

A reporter would like to speak to someone who is currently in the market for a used car. If you are actively shopping for a used car, and would like to share your story, please send your daytime contact info to pr@edmunds.com no later than Monday, September 24, 2012 at noon Pacific/3 p.m. Eastern.

stickguy · September 2012

Well, based on what Q reported, I am going to have to drop my offer down to 5K.

if a dealer can get 13k for that same basic car, something is wrong with the world! For what, 17 after incentives you can buy a brand new one?

tjc78 · September 2012

Yep, here it is! I know you know that dealer!

Its not an SE either with those hubcaps. GLS all the way.

13K Elantra

5K won't do it, but what can I do to put you in this vehicle today? :shades:

ateixeira · September 2012

Transactions prices on those have moved up. They're now higher than Civic or Corolla. The Limited models have heated rear seats, even.

With higher new car prices that dealer is fishing for someone who sees a sticker price in the 20s and can't afford new.

mjfloyd1 · September 2012

Indianapolis, IN
2008 bmw 528xi
3.0 straight 6, AT
AWD
37000 miles
white with tan guts
18 in sport wheels, premium and cold weather pkgs, xenon
recent 5K deer hit to passenger fender- repaired by best body shop in the area
tires with 5k miles
brakes with 10k miles
maintenance up to date, just had front and rear and center diff fluid changed

Wondering what trade in was prior to deer incident and what it is after repairs

Thanks

vagabondchef · September 2012

Whats a clean and very well maintained serviced by a Honda Dealer Service dept. 2011 Honda CRV 4WD LX with 18000 one-owner miles Worth?

Let me know!!!

stickguy · September 2012

Know them? I can walk to them!

my neighbor is a salesman there too.

From my experience, their asking prices tend be be just a "tad" on the optimistic side!

qbrozen · September 2012

ehhh... maybe $20k before the accident. I couldn't tell you what it is now. Best bet is to take it to a dealer and get a quote.

mjfloyd1 · September 2012

Thanks

nyccarguy · September 2012

Hey Q! Not sure if you've seen the '08 X3 With 6 speed stick on bimmerfest. Black/Teracotta. 65K miles. If you've seen it, what do you think? I'll post the link later

qbrozen · September 2012

I went and looked it up. So it appears to have premium and cold weather. Aftermarket head unit, which can be a problem if they didn't keep the stock one wired into the car somewhere, so I've read.

The price actually worries me a little. I would think a dealer could offer $17k on it, especially a bmw dealer. Then again, I guess they couldn't certify it. Anyway, at $17k, that means $18k with the tax incentive. So why bother going through this trouble for less than $500?

Anyhoo.... I would get it checked out. Nice color combo.

nyccarguy · September 2012

You know me, not in the market, just peaked my interest;)

vagabondchef · September 2012

What is the Value!!!

robr2 · September 2012

Follow the script at the bottom of the page and you'll get an answer.

qbrozen · September 2012

Didn't your mother teach you any manners?

easheer · September 2012

Thanks. Got 28,400.

robbieg · September 2012

A friend was put in touch with a guy needing to unload the A4. Anyway, he offered the guy 8000. The middleman is the mechanic for the A4 who somehow concluded the car was worth 8000. I haven't seen the car but 8000 for a 10 year old A4 just seems a little high. Then again, will defer to the mechanic regarding condition but it seems as if he is paying retail for a private party sale.

vagabondchef · September 2012

I was just asking if anyone knew the Trade-In Value of a 2011 Honda CRV LX 4WD in Urban Tituinuim Metalic with 17500 in excellent shape.

Thanks all for your help and assistance.

Kirstie_H · September 2012

Hi - if you look above the "post a message" box, there's a list of information to provide so that you can get a more accurate trade-in value. Without knowing options and your location (city/state), it's hard for people to take a guess.

qbrozen · September 2012

About $16k east coast and $17k just about anywhere else.

czar4 · September 2012

How much should I expect that value to change in a month? I got my quote with intent to buy a Countryman on the lot but then ordered it. It's being delivered in port on the 3rd so I should take delivery around the 10th of October. I was told they'd need to reappraise the car at that point. Mileage is a couple hundred higher but otherwise car is exactly the same.

Thanks!

qbrozen · September 2012

I can't predict.

mjfloyd1 · September 2012

picked up a 2013 Audi A6 prestige tonight, white over beige with 20 inch wheels, full led headlights and all weather mats. Sticker was 60995. Showed me $20000 for my car. Difference was $37987 less $1000 conquest cash (so $200 over invoice). Dealer traded for the car - only white/ beige prestige in Indiana. Got lucky as I am friends with GM and sales mgr. Got 1.9% financing for 63 months with no prepayment penalty too. Woo Hoo!

Thanks,
Mark

ateixeira · September 2012

Congrats.

Come share in Chronic Car Buyers. The addicts there love to live vicariously through others.

qbrozen · September 2012

enjoy!

njandy · September 2012

What is my tradein value.

2010 premium plus, nav, bang and olsen upgrade. 46,800 miles. Need 2 front tires good condition with some minor scratches etc. Meteor gray exterior, black interior. AWD 3.2 liter engine. In New Jersey.

Thanks

Andy

qbrozen · September 2012

well, at least you said "thanks."

About $27k.

stever · September 2012

A reporter is looking to speak with someone who bought a new car in September. If youre able to assist this reporter please send a brief description of your purchase and your preferred contact information to pr@edmunds.com.

explorerx4 · September 2012

September isn't over yet.

Kirstie_H · September 2012

It almost is - better get to shoppin', man.

jwchiro1 · October 2012

Can someone please let me know what to expect to receive for trade-in on a 2001 QX4?

2001 QX4
4 door
Automatic
2WD
90,800 miles
Tow Package, Sunroof, Factory HID, no navigation, no DVD
Interior is clean - no rips/tears/stains/etc. The cupholder has the top part missing, which seems common on these.
Exterior is clean for the most part. The car is two-tone, and the lower part is a little faded. I'd imagine it would look much better after someone spent some time with an orbital buffer. The power antenna snapped off in a car wash, I was planning on replacing it before selling. The front bumper has minor paint chips from rocks, etc. Nothing major. No dents or scratches else where on the vehicle, it has never been in an accident or repainted.

The brakes of fine, the tires have were replace 10-15,000 ago, they have plenty of tread left.

The oil was recently changed, as was the front fan and one of the belts (not sure which one, it was toward the front).

Thank you in advance for any help!

explorerx4 · October 2012

My wife is picky about color combo, so we didn't make the deadline.
We don't have a trade in vehicle.

qbrozen · October 2012

If you live in the snowbelt, maybe $4k.

If you live where the sun is always shining, I'd look for $5k.

steine13 · October 2012

East Lansing, MI. This is being offered at work.

'06 Volkswagen Jetta sedan, black.
56k miles, 2.5 l 5cyl engine, manual transmission.
Usual power options, accident-free, maintained, garaged.
No roof, I don't think. Let's assume alloys.
Non-smoker.

What's it worth at the auction?

Thanks in advance,
-Mathias

qbrozen · October 2012

hmmm... nothing with those miles to compare to. All examples with 75k and less were in above average condition and were right around $11k.

Sooo... I dunno... I'd take a stab at $10,500 at the block. Maybe, if its real nice and all serviced, someone might throw $10k at it on a trade.

Real-World Trade-In Values

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