Real-World Trade-In Values

im_brentwood · February 2002

Uh Oh.

First I goof on what its worth (I am human.. tho my ex-wife will argue that point...)

Sorry.

Uh Oh. We got a yellow light unit. Unibody damage.

Hmm... this is a toughie.. especially if I pull up the trunk mat and see weld marks.

This is how you scare Bill. That and saying "Bruce Springsteen isnt gonna tour again" or "They're closing the Krystal up the street" (Southern White Castle..)

Oh geez.. you gonna throw a brick at your screen

((

$15,500 is where I would hit it... And I may be heavy here.

Terry????

Bill

im_brentwood · February 2002

Hmm

NO miles... Thats good. V6 doesnt help an LE a whole lot really...

Superperfect? It is a good color for these...

$12,500 easily.. closer to $13K wholesale I think.

$14,900 in the paper, Grab $14,500, dont give it away tho.

Bill

im_brentwood · February 2002

hehe... I mean askap

OK.. what matters here is, "The difference". They could give you $15K for your car and sell you the Jag for $27,500...

So, the Volvo, as a trade, is worth, $5,000 real $$.. Maybe $5,200..5300...etc.. But $5.500 kills it with a tomahawk.

On to the Jaguar...

They could have $15K in it.. but any more than that and they stupid. It is BRG, which I love, but its a bad color for the car.

Start em at $10K difference, but reality is, $17,000 is what I would tell you to sell that Jag for.

So we have a $12kish difference...

Bill

im_brentwood · February 2002

Glad to be of help.

Just buy me a Beer when yer in Orlando

)

Bill

im_brentwood · February 2002

Terry has got ME doing the periods now!

Bill

qwalls · February 2002

Hey Guys - I found this one through autotrader. What do you think? It's a '99, 29k miles, black on tan, located in Michigan. It's at some dealer called Arnold Automotive Group. No clue on options besides the moonroof. The asking price is $31,990 which seems a bit low to me. Thoughts? I'm trying to decide if it's worth a 4 hour drive this weekend. Carfax came back clean. I emailed them asking for options and condition, but it will be tomorrow before I hear anything I'm sure.

Thanks,
Q

vanity1 · February 2002

My honda is a four door and I live in the Chicago area. Recently I've been interested into purchasing a VW TDI. I have been looking at new, but I found a 2002 VW Beetle GLS TDI 5 speed in Platinum Grey with leather and monsoon and all the extras. It has 10,000 miles on it. Could I ask you what you think the dealer retail on this would be? And do you think I should be wary of a used 2002 vehicle?

tonys20sephia1 · February 2002

NOTE BEFORE I ASK MY QUESTION--
(i dont want tears in my beer)

TRADE-IN VALUE FOR 98 KIA SEPHIA-
base model-auto-air-casset-28,000 mi
has seen the inside of body shop $4800. worth.
looks and runs great. red color-iowa home.

thanks tom

lanzz · February 2002

Thanks for the Camry info -

Ed

im_brentwood · February 2002

Bring a check for $31,995 with you... even if it has the odd nick or two.

Thats REAL cheap.... I could see it doing 32K at the sale.

It either has paintwork all over it, or its a steal.

If its clean and hasnt been smashed.. buy it.

Bill

im_brentwood · February 2002

OK.. that helps

)

The Civic? Loaded wqith miles... 5-speed... and its scratched all over the place?

$3,500ish I am afraid...

The Beetle? Who knows... Demo.. Repo.. Factory Exec car. I wouldnt think a rental (Ordinarially what I would guess) because of the TDI and Handshaker combo.

Whats it worth? Tough call.. Loaded up and perfect? Maybe $16K? 15,500... etc..

What are they asking for it? $19,995 I'll bet. What should you shoot for? $17,500..18K.. But keep us posted.

The weird thing is, thats a tough car to call... I'd say it ought to be worth $1,500-$2K back of what you can get a new one for.

Hope this helps!

Bill

im_brentwood · February 2002

Glad to help!

Bill

im_brentwood · February 2002

Uh Oh.

You not gonna like me now

Clean 98 Sephias like yours are worth, actual $$, about $2,500. But yours has had $4,800 in bodywork?

First, hope ya were OK.

Second, its worth about 1,500-1,700-1,800 or so.

Sorry man...

Bill

vanity1 · February 2002

I will let you know what happens with the bug.

tonys20sephia1 · February 2002

I WARNED YOU!!!(had to get a new beer)

IT IS WHAT IT IS!!!

I have had a ton of fun reading these posts.

THANKS AGAIN TOM

zoomzoom79 · February 2002

What do you think about a 96 Civic EX 5-speed coupe with 102,000 miles? Black exterior. Good condition all the way around with paintwork on the right fender. Atlanta, GA.

rroyce10 · February 2002

..... That is a tuffy ..

If it's ALL there .. and if someone has to go on - "The hunt for Red October" it might slip by.. Yeah, $15's and probably happy to get it, to some buyers.

Terry.

rroyce10 · February 2002

..... How are you ..? Besides driving your vehicle into golf carts - l..o..l..

All in all, the miles aren't to bad (if your a Fuller Brush salesman) ..and of course, it's a handshaker. Ok .. now what.

Sounds like a $4,5/$5 to me .. IF, it has new sneakers, interior looks 00 and the service has been done.

Terry.

ghulet · February 2002

Thanx again, Bill and Terry, for this service.

First car: 95 Acura Integra LS/SE, hatch, auto, dark green/tan leather, power roof, factory alloys and cassette. Body very nice, had some minor body work once, but *really* hard to tell. The kicker is it's one owner (older woman) with ~26k miles. Trading on a new Civic sedan (her mother is quite old and has a hard time with the Acura's low seat height).

Second: 96 Buick Regal GS 4-door, burgundy/burgundy leather, dual power seats, factory cassette/CD, dual a/c, all power + roof, alloys, ABS, 3.8 V6, 68k miles, body and interior great except minor paint chipping on front bumper.

Trade and private sale prices on both, please. Thanks again!!

qwalls · February 2002

I appreciate the info. Terry basically said the same thing via email. I'm expecting paintwork just because the price seems too low, but we'll see. I might get lucky.

Q

rroyce10 · February 2002

..... Good morning, and you are welcome ..!

2 of em' Huh ..?

Ok, let's see. This is a SUPER low mileage Integra LS and an SE -- Wow ..!

And to top it off .. it's a auto, sounds like a nice vehicle, it's toyed, color is great for Chi-town.

Not knowing, what the damage was or is ... Let's say it's a fender that got hit by a meteorite, and it's all put back together and looks fine, paint is all ok.

A dealer might only step into this for $8,5/$9 -- This a wonderful retail piece. You know the deal .. Big, fat 5 liner, all the neat stuff listed for $11,900.

People love these vehicles .. I gotta think, that's an easy sale at $10,5/$11 ...

--- Ok, we have a GS .. miles are a little stiff, but not for the year.

It's a Buick 3.8 (the Toyota of the domestics) ... you say it's clean, nice with all the right stuff. (the old body style, and people still love it) .. on the dealer side, $4,0 for sure, $4,5 on the push. -- on the retail side, $6,500 and let someone slap Ya silly at $5,5/$5,7/$6,000 -- it sounds like a nice ol' car.

Well good luck .. and thanks for stopping by ..

Terry.

samuel70 · February 2002

This weekend visited my local MB dealer in CT, I saw a '99 230 slk with 18000 miles...pristine condition...starmark cert. asking $33K.This price seems good compared to other listed in
the used market...with considerably more mileage...my wife fell in love and wants it...its like new....I can't see major diff. from an '02 .auto and heated seats trim, etc...and about $10k in price from what I can gather so far from my research..I should pay about $31.8K....I would welcome comments from those in the know....

phaedrys · February 2002

Thanks for the advice on the Corolla. I just added about 500 miles a weekend to my normal driving routine, so I figured if I'm going to get a new car, I should get rid of this one while it still has such low mileage ;-) Thanks again for the help and the service.

mreloc · February 2002

Please give me an idea of what I can expect for trade in: Base, short wheelbase, one sliding door, V6, 75K mi, 7 passenger, sunscreen glass, luggage rack, power locks, tilt, cruise, air, am/fm cd,. Pretty good running condition, body has slight damage to front fender (wife kissed a pole), some scratches in paint (usual parking lot damage) Thanks for any input!

zoomzoom79 · February 2002

I can buy the Civic for $4500 ... it seems like a pretty decent deal but not sure if it's worth getting rid of our 93 Civic EX to do it.

rroyce10 · February 2002

..... Well the "price is right" ..l..o..l.. (remember that show) ... So kick it around.

Terry.

rroyce10 · February 2002

..... Hey..! what were you thinkin' ..? letting your wife drive ..? She needs to be in the kitchen. (KIDDING) ..l..o..l..

I just want to see how many people write back on this one ... :-)

Sooo, you have a short box eh' ..? the miles are stiff on this one, but you have some goodies, the V6 and the xtra door saves it -- If the tires are just average, then you are in and around that $2,5/$3 figure ..

Terry.

mreloc · February 2002

We'll keep that little comment between us- ;-)l. Thanks for the input!

rroyce10 · February 2002

...... Well, there is no doubt.. it has no miles.

And if it's as clean as you say it is .. the dealer has probably $28 and change in it with the Star Stuff ..

So your $31,800 is a good offer -- But, start em' up at $30,500 and see what happens -- these baby Benz's are nice and all, but there not like flying off the shelves ...

Terry.

rroyce10 · February 2002

..... Your welcome ...

Terry.

samuel70 · February 2002

Thanks for the advice...my thoughts exactly...you know actually I am the son of Sam...he was a great car dad.....

rroyce10 · February 2002

......l...o...l....

jaclaz · February 2002

Hi Bill and Terry,

A friend asked me this. I thought maybe Cadillac, then No that would continue to depreciate badly even if one bought well after it had 40,000 miles and 3 years added to it's age. So let that be the criterior, 3 years old and 40,000 miles as where we arrive when purchasing the vehicle. And let's say we sell it 2 years later with 70,000 miles on it.

What vehicle/manufacturer would have the best ability to hold value over this period?

Also keep in mind that vehicle would need to also be able to hold itself together and NOT nickel and dime our new owner to frustration. I would think that BMW and Mercedes and Jaguar would qualify for expensive nickels and dimes.
What are your thoughts here on the Europeans?

Let's see an Acura RL? Infiniti Q? Lexus GS 300?

Maybe I had it right in the beginning, an Eldorado?

So after the car is 5 years old and it's time to sell it with 70,000 miles on the clock which vehicle would lose the least amount of cash for our buyer?

Thanks,
Happy Motoring,
Jack

ckrll · February 2002

What would wholesale be for a used 2002 Honda Accord LX, 5 speed, no extras, with 6,000 miles, showroom condition?

Thanks,

John

esto · February 2002

Contour: blue; 4dr; auto; 4-cyl; pwr. doors, locks, windows, mirrors; tilt
wheel; ABS; air bags; stereo cassette; alloy wheels; non smoker; well
maintained; 37K miles.

Thanks for providing all the great help here!!

Erik

pearsond · February 2002

Bill/Terry,
$17K tops for the G-20t is exactly what I expected. 20K miles keeps getting higher by the week, so my INFINITI dealer better hurry up w/ that new G35.

Thanks again guys.

David

rroyce10 · February 2002

.... Your very welcome. Bill thanks you, Bill's dog thanks you, Bill's birds thank you, Bill's 3rd wife thanks you, Bill's Vaxenslobbin thanks you. etc, etc.com

Terry. :-)

rroyce10 · February 2002

..... Is this a GL, SE, LX .. power seat..?

Ok, let me guess ..

It's a LX .. right ..?

The miles are low .. it has some nice goodies, plus ABS and wheels.

So if it's nice, clean, new sneakers and needs -0- (if not, start deducting)..then your lookin' in and around that $5/$5,5 figure.

Terry.

im_brentwood · February 2002

Ya want funny?

1987 XJ6 S3. Decent shape... OK for age, total repaint but normal on these...

189,000 miles.

$3,400 across the block tonight at Daytona.

And I picked up a genuine 80K miler last week in MINT shape for 4,600 and I thought I was stupid there!

They nuts I tell ya...

Bill

im_brentwood · February 2002

ha ha ha...

Dont forget my 73 Marquis Brougham and My Rovers

Jack...

Acura TL, Lexus ES300, GS, LS... etc.

BMW 5-Series, E-Class.

Maybe a clean Jaguar S-Type

Bill

ross_sylvia · February 2002

Hi,
I will be trading in my fiance's 2002 Plymouth Neon 4DR LX Sedan with a rear spoiler, Automatic, Anti Lock Brakes, Midnight Blue with $31k miles, excellent condition. What can I expect to get on my trade in. I owe $7,700 and have already negotiated a great deal on a new car.
Thanks alot

zoomzoom79 · February 2002

You might get $7700 for that Neon if the Car Gods are smiling the day you go to trade it in

vocus · February 2002

A 2002 Neon with 31K? Are you serious? That's alot of mileage for a pretty new car.

Neons don't hold their value well either, so you might be in a little trouble with that one...

glo22 · February 2002

Have a 86 mazda that has only 108,000 miles. The transmission and brake are new. The body color is fading but it runs very well. The muffler probably need a new one. I am trying to decide if I should sell, trade in or just donate it.

amazon · February 2002

I'm getting ready to trade in my MY 2000 Volvo S70. It has just about every option except Premium sound (just a single CD player) and the cold weather package. Included among the options are 5sp auto, Moon roof, leather, rear sun shade... The car is Venetian Red with 38000 miles on it. I've been offered $14K for it, which I think is highway robbery.... What do you guys think. THe car is in very good condition.

im_brentwood · February 2002

Donate it... or advertise it in the local shopper mag for like $995...

Bill

im_brentwood · February 2002

2002 Neon?

31,000 miles? =O =O

YEOWCH! Its not even March yet!

Well... geez... $5,500? $6,000?

Terry?

Bill

im_brentwood · February 2002

$14,000?

So I guess you can tell that its' had a new rear clip then?

Seriously, not the greatest color, but good merchandise and a nice car. Miles are a itty bit stiff tho.

Even still, I think this is a $17,500-18K car.

$20,950 in the paper, grab $20K.

Although.. where are you located? Lack of cold weather can hurt you in some markets on these..

Bill

rroyce10 · February 2002

...... Well, I think Bill has done a wonderful job in covering the topic.

Terry.

im_brentwood · February 2002

Thanks

Wasnt sure on the 02 Neon tho... 32K...

Bill

Real-World Trade-In Values

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189,000 miles.

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