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Real-World Trade-In Values

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Comments

  • newdavidqnewdavidq Member Posts: 146
    edited October 2012
    Hello!

    I'm thinking of trading my v6 in on an 08 SR5 v8 as I'm going to get a travel trailer (small one) and would like a little more power for the hills.

    My 07: 80k miles, 8k on new Kumhos, 50% brakes, white, power moon roof, tow pkg., always garaged and all required maintenance done by dealer, one owner driven, no dogs/kids

    Target: 08 4runner Limited, 49k miles, certified, white, tow pkg., 4wd with usual options. Toyota dealer (where I bought mine new) asking 26k.

    How might I come out on this deal?

    Thanks for your help! davidq
  • uga91uga91 Member Posts: 1,065
    I'm in metro Atlanta and I'm thinking about trading my 2011 Maxima S bought new in January 2011.

    4DR Sedan
    3.5L V6, CVT (only powertrain offered in the Maxima line)
    17,300 miles
    Black/black
    S model, so no real options; standard with sunroof, alloys, Bluetooth, Intelligent key
    Great condition--garaged at home, parked away from others at work
    Original Goodyear Eagle tires and original brakes
    All maintenance performed at dealer with receipts
    No damage

    Please give me an idea of what I should expect. Edmunds says about $20k but a couple of dealers have been between $18.5-$19.1k.

    Thank you.
  • robbiegrobbieg Member Posts: 346
    edited October 2012
    Not the expert but my local no haggle dealer has a 2012 Maxima S with 21,000 miles for 21,000. So, I am guessing that you won't get 20,000.

    By the way, I think that is a lot of car for the money.
  • qbrozenqbrozen Member Posts: 32,935
    I'll assume you live somewhere north of the mason dixon line.

    About $13,500-$14k on the '07

    And that's actually a very low price on the '08. It would fetch around $25k at auction. They are either desperate to dump it or something is wrong with it.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • qbrozenqbrozen Member Posts: 32,935
    The dealers are correct. Edmunds is high. $20k is what they are doing at auction, which puts trade-in around that $19k number.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • newdavidqnewdavidq Member Posts: 146
    Thanks qbrozen. You guessed right, well north of the mason dixon line (chicago)! I may have to lower my sights; along those lines, what would an 08 4R 4wd SR5, not certified with about 55k miles go for. Again, thanks for your help.

    Regards, dq
  • sebring95sebring95 Member Posts: 3,241
    That's hard to swallow that there's that much difference between those two trucks. $10k seems like a huge swing for 30k miles and some features. Typically I haven't seen the V8's bringing better money than the V6 in the past...at some points they've actually been lower. Having owned a plethora of Toyota trucks in the past, I was shopping pretty hard for a slightly used 4Runner back in '09. Stumbled onto a Nissan Pathfinder and was more impressed particularly with seat comfort, features, and performance. You might want to give it a look just to make sure you're not missing out on something.
  • qbrozenqbrozen Member Posts: 32,935
    Its also a Limited vs an SR5. That alone is an $8k difference new. Add the v8, the mileage difference, 1 year newer .... I can see it.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • sebring95sebring95 Member Posts: 3,241
    edited October 2012
    I was taking into account the model difference with my "some features" comment. Jumping from SR5 to Ltd didn't give you a ton of features....basically just leather, different rims, and climate control. What the Ltd package did give you was access to more features...like NAV, Rear DVD, Prem Sound, Adaptive Suspension, etc. I wonder if the one's you're seeing at the sale are fully loaded. I do see the Ltd on a new one today is an $8K MSRP jump...but it does add more features than the previous model as well.
  • qbrozenqbrozen Member Posts: 32,935
    I wonder if the one's you're seeing at the sale are fully loaded.

    could be.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • newdavidqnewdavidq Member Posts: 146
    edited October 2012
    More info on the Limited: Just has basic limited items, moonroof, leather, wheels, tow pkg, white exterior, but is certified. Been on the market for 30 days. I'm thinking 23-24k; soon will be 5+ years old. For example, after a 3 year lease, with a residual of 58% on 40k, the lessee could have bought for 23k or so 2 years ago! Maybe he did and has now traded it in and done very well. If the dealer bought at auction for 26 and certified it (not likely it would have gone to auction if it was certifiable?)........

    Just trying to figure if it would be worth trying to buy it for 23K or so or woujld I be wasting my time.

    Thanks in advance for any opinions.

    Regards, dq
  • qbrozenqbrozen Member Posts: 32,935
    Just to show you, here is all the comparables I have to go on:
    09/27/12 CHICAGO Regular $26,250 34,851 Avg TAN 8G A Yes
    09/26/12 CALIFORN Regular $26,450 44,373 Avg NONE NON N Yes
    09/07/12 PA Regular $26,300 45,385 Avg SILVER 8G A Yes
    09/28/12 PA Regular $24,600 57,893 Avg SILVER 8G A Yes

    And here are the '07 SR5s with those miles:
    09/28/12 PA Regular $15,900 74,967 Avg WHITE 6G A Yes
    09/14/12 PA Regular $15,300 77,840 Avg SILVER 6G Yes
    09/13/12 DARLNTON Regular $15,000 78,404 Avg MAROON 6G A Yes
    09/20/12 ATLANTA Regular $15,000 78,752 Avg SILVER 6G A Yes
    09/11/12 HOUSTON Regular $13,800 80,348 Avg GREY 6G A Yes
    09/21/12 PA Regular $15,250 81,606 Avg BLACK 6G A Yes

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • drummaniacdrummaniac Member Posts: 1
    Location: Dallas, TX
    Year/Make/Model: 2004 Honda Accord LX
    Body Style: 4dr Sedan
    Engine: 2.4L 4 cylinder AUTO
    Driveline: FWD
    Mileage: 111,000
    Color: Blue/Gray
    Major Options: Standard LX
    Condition:
    Interior very clean, exterior various door dings, lots of chips on front of hood.
    Tires - 50%
    Brakes - New with rotors
    Maintenance - Most records except oils changes last 2 years doing myself
    Other: $1200 damage to bumper/front passenger fender, repainted not replaced. Only accident. Needs compressor. Not sure if I should pay the $1100 for repair or just trade in. Wondering how much the compressor hurts trade in value.

    Thanks so much!
  • qbrozenqbrozen Member Posts: 32,935
    Anything that isn't fixed could get knocked off the trade-in value dollar-for-dollar. This is one of those cars you'll just have to shop around. If a dealer decides to take it in and fix it, they will give you more than a dealer that would wholesale it.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • robr2robr2 Member Posts: 8,805
    q - this Honda sounds perfect for craigslist, don't you think?

    Sell it with the bad A/C for a good price and move on. It's an auction piece for any dealer.
  • qbrozenqbrozen Member Posts: 32,935
    Well, I think a dealer is going to be at $2500 or so for it.

    People are crazy about used hondas, so who knows? Could always shoot for the moon at $5k private party and see what happens.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • robr2robr2 Member Posts: 8,805
    edited October 2012
    Well since we're shooting for the moon:

    Boston, MA
    2000 Honda Odyssey EX
    3.5 V6, auto
    FWD
    122,000
    White/Gray or for the purists Taffeta/Fern
    Standard EX stuff
    Interior - clean, some stains
    Exterior - front bumper cover needs a respray, has small rust above right rear bumper cover, the normal Honda rust spot.
    Tires about 60%
    Brakes about 50%
    Maintenance - up to date. Timing belt was never done
    Other: front and rear bumper covers replaced about 10 years ago due to soft hit, CEL is on due to bad cat and O2 sensor

    Wifey says it's taking up space in the driveway - occasional lumber runs don't justify keeping it anymore.

    Thanks.
  • czar4czar4 Member Posts: 33
    edited October 2012
    Headed back to the dealer this weekend to get the car re-appraised (since its been more than the two-week window they gave me) as I'm taking delivery of my new MINI next Wednesday. Any thoughts on changes in value? Car now has 12,500 miles but everything else, including condition, is the same. Should I still expect to see $22k?

    Thanks
  • czar4czar4 Member Posts: 33
    Follow-up to the above - this is a leased car I am trading. My October payment was just due, but I have yet to pay it (was planning to get the car delivetred but am waiting to qualify for the MINI rebate this weekend). Since I am taking delivery next week, does it make sense to make this month's payment or not? I wasn't sure if it was better to make the regular lease payment or if I gained by using that money directly for the total payoff? If there's no advantage, I'd rather pay it today and not pay a week's worth of interest on the payment amount. Thanks for any advice!
  • bolucaboluca Member Posts: 32
    What would be the trade-in and retail of the following .
    Location: Raleigh, NC
    Year/Make/Model: 2011 VW Jetta Sportwagon TDI
    Body Style: wagon
    Engine: TDI AUTO/ DSG
    Driveline: FWD
    Mileage: 35,400
    Color: White Gold with tan (cornsilk) interior
    Major Options: TDI
    Condition:
    Interior Like new, no stains or scratches
    Brakes - good
    Tires - good
    Maintenance - all recommended maint and have records
    Other: exterior looks new, no dings or scratches. Has a trailer hitch for a bike rack.
    Has rear airbags. No sunroof. Looks like new inside and out.

    Selling because wife wants a small luxury sedan with a sunroof to replace her old Infiniti G20.

    thanks
  • newdavidqnewdavidq Member Posts: 146
    Many thanks qbrozen; knowledge is power!

    Regards, DQ
  • qbrozenqbrozen Member Posts: 32,935
    selling privately, i assume.

    T-belt never done? Yikes!! You are driving a grenade!

    As it sits, you might get $2500-$3k for it. Personally, I'd fix the CEL, perform the full service, paint the bumper, detail it to the 9s, and put it up for sale for $6k. Get at least $5k in the end and you'd still be well ahead.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • qbrozenqbrozen Member Posts: 32,935
    No more have gone through auction since I last gave you the list, so I have to assume the number will be the same or very close to it.

    I'd at least call the current lease company and let them know and see what they say. Personally, I always make that payment because the dealer your are trading it to could delay paying it off and you get a ding on your credit. Its just not worth it.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • czar4czar4 Member Posts: 33
    Thanks; good advice. I'll make the payment.
  • sebring95sebring95 Member Posts: 3,241
    I don't know where the numbers will shake out here, but super clean low-mileage versions of these can bring quick money on the private market. There's another forum on the web specializing in TDI's and there's a ton of cars traded through the classifieds section. I've bought and sold a couple on there and always surprised how easy the transactions are on these. Usually cash deals too....people with money like these cars because they're a good investment...as far as cars go. A similar 2010 with 30k miles recently traded hands in a day for $20k. I would bet this one would be similar in price.
  • qbrozenqbrozen Member Posts: 32,935
    roughly $20k

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • bolucaboluca Member Posts: 32
    Thanks for the information. That helps.
  • Kirstie_HKirstie_H Administrator Posts: 11,148
    Since we don't offer private party classifieds here, you're welcome to direct the member to the TDI website so he/she can put up an ad there.

    MODERATOR /ADMINISTRATOR
    Need help navigating? kirstie_h@edmunds.com - or send a private message by clicking on my name.
    Share your vehicle reviews

  • ateixeiraateixeira Member Posts: 72,587
    For a friend....

    DC area, owner lives in VA
    35,000 miles
    15,000 miles and 9 mths left on bumper to bumper warranty
    Got about $2k+ in Range Rover accessories like roof rack, dog cage, etc

    I'm asking for more details but what do you think a Ford dealer would offer on a trade? What about private party?
  • ateixeiraateixeira Member Posts: 72,587
    Details....

    Location: [city/state or nearest metropolitan area] Fairfax, VA
    Year/Make/Model: 2009 Range Rover Sport HSE
    Body Style: [2dr/4dr/wagon] 4DR
    Engine: [3.5 liter, 4/6 cylinder, auto/manual] V8 Auto
    Driveline: [FWD/RWD/AWD/4WD] 4WD
    Mileage: 35,000
    Color: [exterior/interior] Lugano Teal / Ivory
    Major Options: [alloys, sun roof, etc.] Sun Roof, roof luggage rack
    Condition:
      Details of interior and exterior, including dings, scratches etc. no dings, etc
      Tires - new or % worn about 9 mths old
      Brakes about 9 mths old
      Maintenance
    Other: Indicate prior damage/insurance claims, repaints, etc. No damage or claims
  • qbrozenqbrozen Member Posts: 32,935
    Accessories are worthless on trade. If going that route, tell him to sell them off separately.

    About $32k on trade.

    Private? Whatever you can get over that, right? :P

    But, seriously, if living in a state with tax credit on trades, it makes far more sense to trade. That would be $2240 in my state, and very very slim odds I'm getting $34,250 private party.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • ateixeiraateixeira Member Posts: 72,587
    Thanks.

    Ouch, his guess was $40k, which I suspected was high.
  • steine13steine13 Member Posts: 2,818
    >> Got about $2k+ in Range Rover accessories like roof rack, dog cage, etc.


    It's Mitt Romney's old ride!
    Add $1k for celebrity value.

    Cheers -Mathias
  • sbuhlersbuhler Member Posts: 122
    Would appreciate current wholesale value on the following:

    2008 GMC Acadia SLT2; DVD; Moonroof; No NAV
    FWD
    Blue Exterior
    Tires - new
    Above Average Condition
    68,500 miles
    Southeast Louisiana

    Thanks!
  • tifightertifighter Member Posts: 3,604
    Hey Q-
    Was at the dealers over the weekend looking at some options. Got a trade number from one and wanted to compare that with what you are showing-

    2008 Acura RDX AWD
    53000 miles
    gray metallic
    beige leather
    no tech pkg
    clean, no immediate needs

    Dealer said $14k, and thought that a stretch to $15k would be all the money in the world. This feels a little light to me, but maybe I'm off? What do you think?

    23 Civic Type-R / 22 MDX Type-S / 21 Tesla Y LR / 03 Montero Ltd

  • qbrozenqbrozen Member Posts: 32,935
    ~$17k.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • qbrozenqbrozen Member Posts: 32,935
    That's about right, unfortunately. Most are right at that $15k number at the block, with a couple hitting $16k.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • tifightertifighter Member Posts: 3,604
    edited October 2012
    Thanks Q. At least now I know they're shooting straight with me.

    23 Civic Type-R / 22 MDX Type-S / 21 Tesla Y LR / 03 Montero Ltd

  • ateixeiraateixeira Member Posts: 72,587
    Thanks, q.

    He ended up getting $35k for the Rover, so good trade.

    Of course he paid $40k out the door for a mid-level Explorer so I'm sure they found some room in that deal.
  • ffxjackffxjack Member Posts: 47
    2 payments left on 2010 Lexus Is250 Awd w/nav, luxury package with 45k mi without any issues
    I am planning on getting new Accord or Altima.

    Should I go to Carmax, have dealership of new car appraise it, or just turn it in? Now or later?
    Are there costs to turning in other than over mileage charges (I may be up to 2000 mi over by end of Dec)?

    My buyout price from Lexus Financial is 25526.
  • sbuhlersbuhler Member Posts: 122
    Would like to get an up to date trade value

    2011 Volvo S60 T6 AWD
    6,500 miles
    Premium Package, Personal Car Communicator, Electric Silver Metallic
    Near Mint Condition
    Southeast Louisiana

    Thanks!
  • queens207tlqueens207tl Member Posts: 35
    Hi,

    Looking for the trade in value for the following:

    2010 Acura TL SH-AWD w/ Tech (White w/ Ebony interior) Automatic
    30,000 miles
    Great condition
    Northern NJ

    Thanks
  • qbrozenqbrozen Member Posts: 32,935
    only worth about $22k as a trade right now.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • qbrozenqbrozen Member Posts: 32,935
    ~$24k-$24500

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • qbrozenqbrozen Member Posts: 32,935
    tough one. Very little data to go on. Maybe around $28k. I don't know what a personal car communicator is. Sounds like a marketer's name for a car phone. If its NAV, it could help you a bit.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • bern4bern4 Member Posts: 3
    2012 Kia Optima EX GDI
    4 Door Sedan
    2.4L Auto
    7000 miles
    Black/Grey
    EX Premium Pkg..
    Panoramic Sunroof
    power folding mirrors
    Infinity audio 8 speakers
    UVO Infotainment system with 3G HD
    Rear Camera
    Power Front Passanger seat with driver memory
    Heated cooled front seats
    Heated Rear seats
    Heated Steering Wheel

    Like new
    No Damage

    Thanks
  • roadburnerroadburner Member Posts: 17,349
    Red Zed

    It has cruise, heated seats, leather, and OBC. The only problems I found were wear on the left bolster of the driver's seat and a rear window that could stand replacing. I'm thinking @$8,000.

    Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive

  • drew11mdrew11m Guest Posts: 85
    Was hoping to get a value for this car. Wife is considering trading up for a BMW X1.

    2012 VW Jetta TDI Premium Package (no nav)
    Body Style: 4 door sedan
    Condition: like new
    Mileage 10500
    Interior: Like New
    Color: Silver
    Interior Color: Black
    Engine: Diesel/TDI
    Just had 10K service

    Thanks. I would be surprised if there is anything on the auction block recently, but cant hurt to try and gauge some value.

    Cheers,
    AC
  • queens207tlqueens207tl Member Posts: 35
    Thanks!!
  • qbrozenqbrozen Member Posts: 32,935
    ~$21k

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

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