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Real-World Trade-In Values

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  • rroyce10rroyce10 Member Posts: 9,332
    .... $16,900 ..? Seems like a good deal to me .. the miles are low, it's a V6 EX -- the small dent can be taken out by the Dent lizard for $100 or less.

    Run a Carfax .. then grab it.

    Terry.
  • osubeavosubeav Member Posts: 56
    I need a trade-in value for a '99 Mazda B3000 pickup. It's a 2 wheel drive supercab with the extra rear suicide doors. 12,000 miles. No extras except automatic, 6 CD changer and air (manual windows and locks, no cruise, etc). Light green. 50% on the tires. Super nice shape, but kind of a plain-janer.

    Thanks.
  • dannyledannyle Member Posts: 43
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Ooooop's, Sorry for the delay .. but Bill has been tinkering around that Voxenslobbin so much, that he kinda goes into a black hole and I hafta get Dr. Spock to find him.. l..o..l.....

    So we have a 99 Ford Ranger, sorry again, I would take that out, but I don't know how to back space ... We have a Mazda B3000, with like nooo miles on it, it's an auto ..(big help) and it's a plain Janer. Gotcha ..! -- plus, it has the Xtra cab with the "One life to live" doors ..

    It's a vehicle that will do the mid $9's on a trade....

    Would you like to supersize that order ..?

    Terry. :-)
  • mikeintnmikeintn Member Posts: 39
    Hey didn't I tell you that Terry or Bill would treat you right?

    Hey Terry, what is a Voxenslobben that you and Bill keep talking about?

    After a little over a week my new MDX is sweet....drives like a dream.

    Have a good day,

    MIKEinTN
  • osubeavosubeav Member Posts: 56
    Thanks Terry.

    The '99 Mazda is actually a rig that my in-laws are looking at. I was figuring that about $1500 over trade-in was a fair price at a dealer. Is that right?

    Also, they were thinking about trading in their '87 Mazda 323 DX 4-dr. It's got an auto tranny and 90K miles (they've had it since new). It looks nice and straight but it's been wrecked twice (both t-bones) and someone deeply scratched the driver's window. I told them that they would be lucky to get a couple of hundred dollars for it and they might be better off selling it privately. Is that right?

    Thanks again.
  • vocusvocus Member Posts: 7,777
    How much does a car lose in having higher than average mileage? I have a 2002 Jetta now, so we will use that as an example. It's a loaded model, with 1.8T, Tiptronic, Monsoon, Leather Pkg., and Sport Luxury Pkg. and I am in the MD/DC area. Say I trade the car in one year, with 15K miles on it with all the papers, or decide to sell it outright. What will I get vs. selling the same car with papers with 30-35K on it? And the car is Cool White if that matters. I am just curious. Thanks.
  • lancerfixerlancerfixer Member Posts: 1,284
    Got one for you for a couple friends of mine. '99 Accord EX-L, Cranberry (purple? You know the color I'm talking about) gray leather, auto, 4 cyl. 45,000 miles. Located in MO, kinda near KC. No paintwork, no accidents, no dings, looks 6 months old. They're looking to get out of their 5 year lease (don't worry, I've already given them a verbal lashing for that one) and into an '02 Ody EX. (buying it this time. Smart of them.) What could they expect to have to cough up if they were to trade it in or sell it outright? Thanks, guys.
  • dannyledannyle Member Posts: 43
  • zapper3zapper3 Member Posts: 1
    How about a 99 Odyssey EX, 34500 miles, silver in Western NY. It's the same old story! They're worth over MSRP when buying, but trading in... I was offered 18,400. The van is in very good shape, but has a dent in the rear liftgate that should be able to be "punched out." Thank you guys!
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Calm done ...!

    Take a deep breath ..!

    Inhale ..!

    Exhale ...!

    Ok .. feel better ..? Gheeez .. you Knot head, you only paid $25ish for it --- that's only depreciating $2,333.33 a year. My Maserati depreciates more than that (if, I had one) ...

    Just so you will sleep better tonight, and not prowl the neiborhood lookin' for the salesman that told you that figure -- how about $19,500 ..? that's if, it's clean, nice and needs -0-

    Feel better ..? Good ..! Now go to your room. I have a plane to catch.

    Watch him Bill, he's still a little shaky....

    Terry. :-)
  • dusanmaldusanmal Member Posts: 1
    Hello,

    why would anyone trade-in car? To encourage
    those out there - here is the example of my
    last car change. We went through attempt to
    trade in 1994 Ford Mustang convertible while
    purchasing new Passat in 1998. Trade-in offer stuck hard on 7500$, "black book data" showing
    and all the rest... So, we took an ad in local
    newspaper, paid 115$, and within less than 2
    weeks sold car for 11600$ (we had actually
    chance to refuse other 11000$ offer, and neither
    of us is in any kind of sales or has any
    such inclanation...).

    In other words, we'd lose about 1/3 of the
    value being lazy and trading in, or in money:
    about 4000$...

    So, why would you haggle so much on price
    of the new one and waste everything with trade-in...
    ?

    Dusan Maletic
  • beowulf7beowulf7 Member Posts: 290
    Bill, you said my green Acura Integra (#5848) "sounds like a nice car, miles and condition help ... transmission and color don't". I can understand that being manual makes it worth less than an auto tranny (unfortunately), but why is the green paint so bad? Thanks for your input; it gives me a good idea on what to expect in the real world.


    Terry, thanks for confirming it is the Galves book. I went on a search engine and found that the Galves' site is simply www.galves.com. https://www.galves.com/galves/gal_info_consumer.jsp is decent reading, but Galves repeatedly mentions that they are a subscription service and try to offer reasons why (compared to the free quotes given by KBB and Edmunds).


    Dusan, according to the aforementioned Galves page, trading in a car privately and then buying a new car from a dealer may give you a higher tax liability than having a dealer buy your trade-in, thereby only paying tax on the difference in cost between the two vehicles. See the "How trading your vehicle can save you hundreds!..." section. In your case, the spread is so large that the extra money you received easily offsets the additional tax liabilities, but some people might not be so lucky in the private party market.

  • im_brentwoodim_brentwood Member Posts: 4,883
    My Maserati does one eightyyy-fiiive....

    And that Ody is worth every bit of $19,500 as long as he didnt back into a cement truck, or my ex mother in law or something.

    IE, it better be a green light unit!

    ...life's been good to me so far....

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Well...

    If it was 1997, Green was good.

    In 2002.. market tastes have changed. Silver better. Black is always a safe bet in the home of cheesesteaks.

    Bill
  • ronstoyronstoy Member Posts: 55
    I have a '00 Toyota Tundra SR5 4x4 TRD with a sprayed in bed liner. I have almost 37k miles and the original tires (so they might need to be replaced soon). No major scratches or dings, just the normal over 2.5 years.
    Should I trade it in on a new Sequioa or try to sell it privately? Is it worth more to a Toyota dealer? What is the scoop?

    Thanks
  • tlaplantetlaplante Member Posts: 19
    I thought I was having a ufo encounter at night, last month on the Florida Turnpike but I quess it was just Bill.
  • abtsellerabtseller Member Posts: 291
    Our used car manager is strong on them, especially if they can be certified. He's so strong in fact that they get to the point where you're only $1-2K retail away from a new one. The market for used Tundras is strong, also, because there aren't many out there. My gut says that you're going to do better selling it yourself by a couple of grand, especially since they're not giving away Sequoias. It may be helpful to know that Toyota will be cutting 4wd Tundra production drastically, which will definitely help your position, regardless.

    Ed
  • ghuletghulet Member Posts: 2,564
    How did you manage to get $11600 for a '94 Mustang convertible? Was it a super loaded, low-mile GT? Or was the car gold plated or did it have the requisite kilo in the glove compartment?

    Just kidding. Seriously, that's a lot of money for that car, I would have done the same thing if I were in your shoes. There usually isn't that big a spread in private vs. trade-in value.
  • karynckarync Member Posts: 2
    Newbie joining in here. I am going to trade in my '96 Dodge Intrepid -- white, leather, cruise, CD player, sunroof, power everything with optional manual shift. Tires are in poor condition, but everything else is sweet. (other than the problem mentioned below)I don't have the car here so I don't know the mileage, but I'd guess around 70K. To be honest, I'm a novice and I feel like I'm intruding on the Insider's car club, but I have been living out of the country and need some idea of what I can expect. I got it at CarMax and will be trading it back to CarMax. I called them about it because it has broken down 5 times since I bought it, 4 of them since November. They claim they will give me a sweet deal because they supposedly check all their used vehicles, etc., etc. Don't know what I'll be trading for, but probably something lateral. I do not want another Dodge, thank you very much. I'd like to be armed with as much info as possible since buying a car intimidates the heck out of me and I've been burned once. I'd appreciate any feedback.

    KSC
  • mookie14mookie14 Member Posts: 252
    i have 2000 explorer which will have 58000 miles on it in dec. i will paying my lease off early it actually ends in 03. in dec i will be paying the last 8 pymts on it a total of 4000.00 at 499.00 a mth what im wondering is this; i wanna get a new car like a altima or corrolla and i do want to trade it in. what should i do in this situation? i will be over miles it was lease of 3 yr 36000 miles. i need to do all this in dec 03 not earlier i do not have the $$$$$$$ so again what should i do????????????.
  • nettennetten Member Posts: 1
    I'm interested in your esteemed opinions regarding my vehicle. The vitals: '93 Acura Legend LS coupe with 6 speed man. and type II engine (230hp). Black with tan leather. All options possible. 152k on the dials (I'm like Forrest Gump on 4 wheels.) Clean record and all maintenance followed (2nd timing belt, master cyl., AC compressor, radiator in past 6 mo.) Sneaks are worn, paint is showing it's age, drivers seat is worn, and I have a foot-long dent in the LR quarter, thanks to a trip to WalMart.

    I am purchasing a new MDX. Is this vehicle worth anything to an Acura dealership? Can I find $5 for this? (Numbers seem to vary greatly in the high mile lux. category.) I live in Miami.

    I shall thank y'all in advance for your consideration :)
  • ghuletghulet Member Posts: 2,564
    I'll let the experts comment here, but I gotta say: what were you doing leasing at 12k miles/year when you put 25k plus miles on every year? Hello.
    You have the cash to pay it off early, so that's good. Um, but the '00 Explorer is the old style, right? I dunno the value, but 58k miles on a 2-3 year old car is kinda rough. Good luck.
  • michaellnomichaellno Member Posts: 4,120
    #1: '94 Infiniti G20. Dark green with tan leather. Auto, 95K miles. A couple of kisses on the right side, a bit of wear on the leather. Otherwise, not too bad.

    #2: '96 Explorer XLT. 2WD, dark blue with tan leather. 6cyl (I think the old OHV), 96K miles. I think it's pretty clean, inside and out.

    Both vehicles are in the San Diego area. What could they expect to get on trade in and retail for these?
  • yamanyaman Member Posts: 113
    Ditto what ghulet said about the experts commenting.To my untrained eye you have to pay off the lease,pay for the extra mileage and you can't trade the car in because you don't own it.
    I guess you could buy the car at the agreed upon ending value but I doubt if that price will be near what you will get on a trade in.
    Good luck!
  • mookie14mookie14 Member Posts: 252
    so in a sense am i hit i really did not ever lease before. first and last time but am i in a bad situation no trade out etc. or what should i do i do not want another ford im staying away from suvs and fords. i still want out this yr so what can and what should i do???????? help. i do drive alot after i got the truck i asked could i buy miles they told me yes called back then they said no so i got railroaded help i guess???? help.
  • JPhamJPham Member Posts: 148
    W/o knowing all the sordid details, it's kinda hard to figure out what you can do.
    1) You can keep driving the Exploder until lease ends in Dec. -- It'll cost you $500/month plus excess mileage charges in Dec ($3-5k based on $.15/mile) plus misc. fees. Then you can buy the Exploder if you want.
    2)You can pay off early as you suggested -- it'll cost you $4k + excess mileage ($3300 at $.15/mile)
    plus misc. fees. and then you'll have to get another car.
    Dunno what the impact of each option will be for your particular situation.

    JP
  • JPhamJPham Member Posts: 148
    My deal with that ridiculously-priced ES300 didn't pan out so I'm searching again and came across two deals (in NoCal):

    '95 Infinity J30, auto, black/tan, 77kmiles, clean
    but not immaculate. Asking $8k.

    '00 Infinity I30, auto, champagne/beige, 80kmiles (!), very clean, loaded. Asking $13,250.

    Which one do you think is a better deal? The J30 price is reasonable for a 7-yo predecessor with a smallish interior/trunk.
    The I30 is nice in every way except for the extremely high miles (should I even be concerned with that?). On the other hand, if anyone has a clean '93-'95 Legend GS they want to let go in NoCal, let me know! ;)

    Thanks.
    JP
  • qwallsqwalls Member Posts: 406
    Ok guys, I'm posting this for a friend. No laughing, and don't worry about being the bad guy. I've already told her it's going to be ugly.

    She has a '94 Honda Accord LX, Automatic. It's that funky light green color inside and out. It's TMU, but she's been "tracking" the miles. Getting a new odometer next week. I asked her how she's tracking the miles if the ODO doesn't work, and she said based on the average miles she was getting per tank before. This has been going on for several months, and she estimates 142k miles. It's in Ohio. The condition is kind of rough. It has paint work from a minor accident (or two), the antenna is broken, the interior has a cigarette burn (she doesn't smoke, she bought it that way in '96). She said she just had the muffler replaced, but it still seems loud. She also reminded me that when she first bought it in '96, I commented that it rode rough for a Honda, and it's a lot worse now. So, what's the bad news? Obviously it's a wholesale car. What can she expect in trade? I think it would be difficult to sell herself, but she said if she did, she'd fix the antenna. :-) Edmunds hits it at $1900 trade, $2600 private sale based on rough condition.

    Part two - she'd like to get a '99 or '00 Toyota Solara with all the toys. What are these doing at the auctions?

    Thanks,
    Q
  • hungrywhalehungrywhale Member Posts: 83
    You don't pay excess mileage and wear & tear if you buy the truck at the end of a lease. You only pay that stuff if you turn the car in to the lease co.
  • JPhamJPham Member Posts: 148
    ah, ok ... i stand corrected.
  • im_brentwoodim_brentwood Member Posts: 4,883
    I cant even go away to the Jag sales for 2 days in peace! :) haha

    OK... catch-up time. I figure Terry's either out buying or out playin with his boat...

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    This IS a V8, right? OK.. nod your head... good :)

    If this truck is just MINT... I mean its really nice... $19Kish.. give or take a few hundred as a trade.

    $21,995 in the paper, grab $21K but no less...

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Silver XJR was it? :)
  • im_brentwoodim_brentwood Member Posts: 4,883
    Yeah... I forgot.. THose suckers are GOLD to Toyota dealers.

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Hmm...

    If its super clean, and really has 70K miles... And it isnt a bad color (Purple or Yellow or Brown or something)... Im thinking $4,000 give or take a couple hundred depending on condition.

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    You may want to compare your lease payoff (Call yoru bank to get this) versus your Explorer's actual value.

    Now, what kind of explorer is it? What color? 4WD/ 2WD? 2-door? 4-door? XLT? EB? etc?

    Then I can give you an idea. Also, it does NOT pay to pay the lease off early, you also will still have mileage penalties. My guess is that it is worth running it tothe end and paying for the extra miles that you used as that may be cheaper.

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Ummm... Well, we both know it doesnt sound too nice... :(

    Wholesale/Trade-In? I think this sounds like a $2,500/2,700 unit...

    Sorry... But $5K buys, on a wholesale level, a much nicer, lower-mile car.

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    The G20? $3K is where I think it hits me wholesale. $4,900/bo in the paper, grab $4,300ish.

    The Explorer? If its just mint... $6K as a trade-in, $7,900 in the paper, and I thinkyou can get that for it.

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Hmm...

    You should be able to buy that J30 for $7K-7,500... Its worth $5,500 or so wholesale.

    That I30 is actually a very good buy at that price. And they can take the miles, thats for sure...

    But thats how you have to buy megamilers.. you have to steal 'em.

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    I knew you'd come back!

    The Accord. UGH! Yeah... $2,500ish trade up where you are, it might do better down her in FL but not enough to make it worthwhile.

    Solaras? 99 SLEs loaded up, 25K miles... $15K give or take a nickel across the block.

    Bill
  • JPhamJPham Member Posts: 148
  • qwallsqwalls Member Posts: 406
    I told you I'd be around. :-) I'll pass along the "good" news.

    Q
  • utcarsonsutcarsons Member Posts: 9
    Sorry my E button only works in caps...

    2001 Focus SE Wagon
    23K milEs
    ClEan condition
    AftER-markEt lEathEr sEats
    AC
    powER windows, doors, locks, stEEring
    CD

    No othER xtra goodiEs.
    Thanks!
    JodiE
  • blackcurrantblackcurrant Member Posts: 152
    http://cgi.ebay.com/ebaymotors/ws/ebayISAPI.dll?ViewItem&item=1809787661&r=0&t=0

    THe bid fell thru, so, i'd like to make him an offer.
  • im_brentwoodim_brentwood Member Posts: 4,883
    Hmmm... Leather doesnt help, neither do the miles.. still, its a Focus and people like em.

    Aftermarket leather isnt a help or a hurt really.

    Its worth in and around $11,500ish I think as a trade. $13,900/bo in the paper, grab $13K.

    Bill
  • peachtree103peachtree103 Member Posts: 182
    Bill,

    Enlighten us...

    Anything of interest at the auctions? Any "bargain" Jags out there? X types for $15,000 yet?
  • im_brentwoodim_brentwood Member Posts: 4,883
    Uhhh....

    Uhhh....

    Truthfully? Hell if I know. If it was stock, I';d gather $8,500ish fair retail... so, with those mods...$10K might be reasonable tothe right buyer.

    But I am the wrong dummy here...

    Sorry man.

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    $15K? Havent seen any at the salvage auctions yet... lol.

    Nah... lets see... what did I buy today....

    Not too much really. We got a few S-Types... 00 Lease returns and some 01 "program" cars (Ex-Budget)....

    A 96 XJR for my store, a 92 Vanden Plas majestic for my store.. An 00 XKR for a customer...Some other sedans for me to retail...

    And some 99+ XJs for Wholesale clients...

    But, the market is coming back to normalcy, but it isnt THAT cheap yet :)

    It'll be late 2004 or so, seriously, when the Xs get that cheap..and then only high-milers...

    Bill
  • peachtree103peachtree103 Member Posts: 182
    on the X-types. But if you find one (make sure it's real clean and low miles) let me know...

    Will be looking for both a sedan and SUV within 90 days. Will need one within a month, the other can wait. Don't care which one first.

    SUV, prefer Grand Cherokee (or larger). Prefer 4WD for our heavy Atlanta snowfalls. I'm thinking a 98 Limited would do the trick, if I can find one with 35K miles or so...

    Sedan, can be more creative here. Am thinking about a 2000 Lincoln LS, 98 LS400, or 98-99 XJ. (or anything similar).

    Am thinking that the SUV is easier, plus I have a better idea of what I want. The sedan I can wait for the right "market conditions".

    Suggestions for the above ramblings are appreciated.

    (This board is still better entertainment than watching Danny Partridge beat Greg Brady's butt)
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