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Sort of like how I used to fly down here to Florida to buy Black cars and ship em back to NJ for resale. Got very good deals on used Black/Black Jags down here
Bill
How much do you think the stereo will hurt the trade-in value?
You're right. I could take it out and put it in the new car or sell it. However, I have to determine if this is economical. The cost of the equipment is about $3000. B/c it was a custom installation, this cost was about $2000.
To take it out and put stock back in, it will cost me about $1000.
I'm assuming that if I sell the car privatly, I can get a premium due to the stereo, if the buyer wants a kick-butt stereo. Maybe I can find some high school kid who has rich parents!!
Dave
Still, you'd do a lot better selling this particular one privately.
Bill
Never had Pirelli's, but I'll look into those, as well as Dunlop, Yokohama's and some others.
Thanks again!
TB
If you bought this car from me, how much would you be selling it for, compared to one with a stock stereo?
Dave
A 9000K, silver, with a Alpine stereo ( maybe similiar to yours ? ) ..also it had a pop-up GPS system ( new to me ! ) ..but anyway, it did strong money $25,200 ..(I'm sure the mileage helped ) the rest where doing with 10,000 K to 13,000K - $23,000 / $24,000...and the ones with the Nav system were doing $25,000 to $25,800...which is very strong money.....but that has been the trend since January.
If you were to sell your car on the street...you could ask $26,000 ish ( miles dont help )...But like Bill was thinking, I'm not sure about that darn stereo system.( I would recommend not adding one in the next vehicle )..maybe you can get a little lucky and have someone just love it .
Maybe this Helps....
Terry.
Right now, there is a lot of dealer cash on -"2001"- Saab's( $1000 to $5,400 ) - Check with the Edmunds incentive and rebate column...I think, you may do better going that route because they are plentiful....and they have kinda lost their luster.
Good luck,
Terry.
But man..you gotta see my stereo. PPL tell me I should take it competitions and stuff. It looks sweet and sounds even sweeter.
Thanks again
Dave
I would not buy a Saab. They are lease cars.
What is your estimate for the going price on this one (it is particularly clean, never hit).
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
1. Can you bargain on trade-in value of your car? If yes, how, what i supposed to say when dealership says this IS the price of your vehicle?
2. Is it better to invest in some cosmetic repairs ( aprox. price of repairs $1,000 ) before trading in?
3. Is it possible to sell your used car to a different dealership from the one you are going to buy a new one? If it is possible at all, isn't it better then trade-in?
I realize, that those questions are naive, and nobody can give me a definite answer about what is better, but I hope to hear about multiple pluses and minuses.
Thank you in advance,
Boris Pitel
SAAB? Please say it aint so! And unless there's a sweet lease deal on it (Which Im sure there is) I wouldnt get it. SAABs do not only have lousy resale, but they also are tough to sell.
Not bad cars.. but Front Wheel Drive which I'm sure you dislike as much as I do.
Bill
This assumes it's got leather roof, etc and has no paintwork.
Also make sure it's under warranty, Check to door locks, turn signals and door panels.
Bill
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Also, if you want a Volvo, go to http://www.montclairautogroup.inventory-results.cgi
They often have agressive pricing. I used to work there, they're good to deal with.
Bill
I looked it up.. Franklin, TN.. home of Jaguar Credit btw...
I think it's a $20-21K wholesale car with the miles.. so figure $24K retail or so...
Hope this helps!
Bill
Of course you should always see if they can offer more for the trade. As far as your back bumper goes, I would get it fixed (We're talking about the 2000 BMW, right?).
Let me know what you get offered and I'll see how it looks...
Bill
Yes, You can "bargain" a little...most dealers...as a rule... will have the most experienced person put a # on your trade - and this can change ..slightly.. based on the current market conditions a couple of hundred dollars - maybe -....everything will be based on what the dealer can go to a Auction and buy the exact vehicle for ( or close to )...so can you bargain..Yes ..I guess so, for a few dollars. But your real concern should be....What will be the price of the new vehicle...
Always maximize your trade by doing any type of clean up, tires, medium repairs etc....the worst thing a dealer can look at is .... a potential trade that hasn't been cleaned or repaired .....and the customer will "chant".... it's like new ...it's showroom, it just needs a bath, maybe a tire or two - that's all....Man, it's like the sword of Damicleese...
And yes, you can sell your trade to another dealer..but..with all the states I'm familiar with, you pay taxes on the "net" amount...meaning - depending on the car, you can save hundreds or even thousands when you trade it..or let's hope, your vehicle is worth a whole lot 'more' money.. down the street....
I hope this helps,
Terry.
Here in the Commonwealth, we pay taxes based on the full sales price of the vehicle, not the net after trade.....
brentwoodvolvo - Yes I am talking about
2000 m-coupe. Repairing bumper. The whole show looks a little funny - i'm going to do cosmetic repairs in the same dealership where i am going to trade-in. Seems it is cheaper for them to do repairs after trade-in. I would think that probably the deduction from the trade-in price can be less then repair itself.
rroyce10 - But your real concern should be....What will be the price of the new vehicle...
In my case the price of a new vehicle i believe is fixed. The car I want is 2001 M3 and is availale only thru waiting list ( I am #29 ). The price is a firm MSRP. In relation to this, I am afraid they will use my desire to buy the car, and the fact that I must to sell before buy as a leverage to price down my trade-in.
"with all the states I'm familiar with, you pay taxes on the "net" amount..." - is it so in New Jersey?
Thanks again for your help
Boris Pitel
Terry.
I will really appreciate this.
Boris Pitel
Just wondering what's going on in the lanes with luxo cars.
BTW - I leased a Saab late last year. Great car but you and Bill are right, it's only worth leasing. My MF is .00025 (0.6%). I'm driving a $40K car for less that I'd drive a 3-series or ES300 and using free money from Saab Financial Services.
We'll see how the car holds up after 3 years.
Bill
You do get a Tax credit in NJ.. Im from there originally myself (Tenafly).
Bill
Thanks again.
Boris Pitel
Terry.
On that Volvo (the '98 S70GLT), what do you think it would be worth 2-3 years down the road. Say when it is 5 years old (2 years from now), with about 40K on the clock. I keep them clean, but have a weakness for the next pretty face. I usually drive oddballs with a stick, so this would be mainstream for me. I might just postpone the splurge on a BMW or equivilant.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
By then the S60s will be on the secondary market and all... buuut...
I'd think you ought to be able to get $15-16K out of it.
Bill
Bill
I'm assuming no paintwork.. etc..
Stuff's getting cheap... Tho that E320 is still strong, Catera seems cheapish.. but do you have a buyer for it already?
That S80 seemed damn cheap. What color? The Dark COlored 2000s with Miles between 22-27K are doing $36Kish at Taft, and that's a closed sale too.
Bill
I only use the Manheim auctions..north or south...I never have a problem (well once, and it was rectified in 2 hr's) Ocoee, I don't use to much...too many problems.
so, anyway how was your Vacation...?
Terry.
Hopefully this helps the lurkers wondering about like-new luxo cars as well as me who is always "shopping".
We got a loaded 99 GC SE MSRP $27,490 for $22,590 on March 20,1999 when it had 4 miles on odometer. It has run perfectly and has greatly
surpassed our expectations. We would have purchased a 99 Odyssey LX-C but there was a 5 month wait. I am sure we would have loved the Odyssey, but would not have the many comfort features that we have on our 99 GC SE.
Since you are an honest man, I am asking for your actual real world experience on the DC minivan reliability issue. Thanks for your past assistance.
God.. you're the one off having fun! I miss going to auctions.. sigh...
Bill
I dont think that Chryslers are as bad as people say. Dynamically I like the CHrysler Vans. I think the quality is a lot better, but I wouldnt want to own one for a long time. In other words, if there was a subvented lease for 3 years or so.. I'd go that way.
The big problem I have with them is resale value. The combination of overproduction, massive incentives and a perception of poor quality hit their residuals hard.
That being said, I recently drove a 2001 Town and Country and was very impressed.
Bill
Terry.
I took your invitation to post info about my grandfather's Taurus here, just to get the conversation out of the leasing room.
Anyway, it's a 1994 Taurus GL, with the 3.0 V6, and about 28,000 miles. It's a champaigne color with a light brownish interior. I don't know what all was standard on the GL back then, but it has power windows/locks/mirrors/driver's seat, and ABS, and a tape player.
We live in Maryland, in the DC area. Personally, I'm trying to talk him into keeping it, because there's nothing wrong with it, and I can't see spending $18-20,000 or more on a brand new car that's only going to get driven 3-4,000 miles a year...if that! But from my perspective, I've used cars that were 10, 20, even 30 years old as daily drivers, so it's still a "brand new" car to me ;-)
-Andre
I just back from the PA auction last night so these #'s will be pretty darn close.
The color is right ...the miles are better, But it's a GL.... So I have to think, if the vehicle is 'straight up' ..The dealer is still in that $2,200 to $2,600 range "max", with - 0 - needed.
So, let's go back to plan "B".....drop a couple hundred..do all the basics, then have it detailed..make it look like a diamond, drop it in the best paper in the area - for, let's say $4900, and have that very nice man ...come by and buy it for $4,000 - plus or minus...( cause, low mileage cars are hard to find..and even harder to shop.....)
I hope this helps,
Terry.
Thanks for the insight. I don't know if my grandfather would want to go through the hassle (no matter how minimal it may be, it would still be a big hassle in his mind) of trying to sell it on his own. He's always traded in his cars when he bought a new one, so I think the idea would be kind of alien to him.
Also, he'd never sell a car to family. I know...I've asked him. In fact, a couple family members have tried to buy it off of him. He just says he'd feel guilty if he sold it and then something broke, and that he'd rather a dealership just dealt with it...although I don't see how that's any different. If it's going to break, it's going to break whether he sells it to someone or the dealer does.
I'm definitely going to run your idea past him though, and see what he says. I haven't talked to him in awhile though, so he may have just decided to keep it. He couldn't stand the sight of the new Taurus, even after the 2000 facelift. We went to a dealership over the summer, and when he saw them up-close, he just said shook his head no and said "let's go!" He's pretty conservative when it comes to style though, and if he had his way they'd still be making the 1981 Granada!
Thanks again!
-Andre
I think that the right buyer would pay a lot more than that for it.
If it's really nice and no paintwork.. I'd hit it at about $3,500 or so. Maybe more.
But the trick is finding that byer. Yes, selling it privately for $5-6K ought to be an easy sale.
Bill
Terry.
I use the car to drive about 90 miles a day to/from work so it looks good and is in great shape but I'm not even getting a lot of people "biting" at the ads because of the mileage (I think). The people that have seen it in person say it's beautiful but just can't deal with the mileage. Currently the KBB retail value is $13,440 while the trade in is $10,125. I have listed it in ads most recently for $10,500 and no one has yet to see it.
Dealerships have been offering about $7,000 and CarMax about $8,000. Am I expecting too much or maybe thinking that Hondas don't have the real-world resale value that is so often acclaimed? Is there something I can do besides obviously lowering my asking price? Maybe it's because manual transmissions are harder to sell used than automatics. How much negotiating room would I have on a trade-in situation with a dealership? The new vehicle I'm buying is in high demand so its price is fixed at MSRP.
Thanks!
Most people would rather pay more money for fewer miles. The five speed will eliminate most of your buyers.
Still, for 10,000 it's a decent buy!
Good luck
I imagine those $11.5 ones are like the Taurus SE or SES ex-rental fleet jobs. Cloth, cassette, basic options.
Do you see any loaded Taurus' at auction? He's looking at the SEL; 24V V6, leather, roof, CD changer, loaded. They are $25K-ish MSRP.
No rush. He's tire-kickin' but wants one to go next to his wife's new Mustang. He has an old Ranger and a T-Bird so he's not looking too closely at non-Ford products.
The truck is very sharp blue/silver tutone, in very good condition. Has never been in an accident. No mechenical problems. Just a few noticible scratches on the tailgate. One gotcha, the truck was completely stripped and repainted at 10K miles under warranty due to bad factory paint, which was literally falling of the truck. I have the receipts to show this if anyone should ask
Any day now I will be taking delivery of a 2001 Honda Odyssey EX with the navigation option. My dealer has seen the truck but has yet to give me a trade in value. I'm paying MSRP on the Odyssey, which is as low as any dealer in the Northeast goes on these.
What should I expect for a trade-in value or what should it bring if I sell it myself? I have a www.carday.com dealer looking at the truck tomorrow.
Thanks! John
It's a 1989 Chevy C1500 2wd longbed Silverado. I am the original owner and factory ordered it back in '89. It is two tone black with silver. It has 101,000 miles, a 350 with a 5spd manual trans,pw,pdl,tilt,cruise,tow package,hd susp, 32 gal tank and a 3.42 ratio with posi.
Condition: I've always taken good care of it and have changed the oil every 3k, had the trans and diff oil changed every 30k or so etc. It has never been in any accidents and the body is in great shape. The paint looks good from a distance however up close the hood has water spots and on the sides you can see swirls or light type scratches from car washes ect. typical for a 12yr old black GM paint job. The truck has a Leer camper shell however the black fiberglass has faded in comparison to the trucks paint.There is no bedliner and the bed is scratched up a bit.
Recent mods. In the past year or so I've probably put 2k-2500 into this truck. The original cloth bench seat was recovered in gray vinyl (but nice, sort of leather look, easy to clean)and the carpet, headliner and sunvisors were redone in gray. It has a new welded stainless exhaust system with new cat, flowmaster muffler (not too loud) and dual tips. The shocks were replaced with new hd Bilsteins and the 78 series tires were changes for 70 series Bridgestone HP's. The original radio was replaced with a Pioneer CD player and the front speakers changed as well.
Recent service: Drivers side power window motor replaced. Complete tune up. One TBI injector changed. AC serviced. Coolant flushed & changed. Ignition switch replaced. idler arm replaced and alignment done.
One problem with the truck is that when cold the 2nd gear sychro is sticky and it is a bit hard to get into 2nd. This lasts for a couple of blocks until the oil has circulated and then is fine. Only happens in colder weather and I understand is typical. The truck also will sometimes give a puff of blue smoke when first starting up. It has done this since just about new and is typical of Chevy's (valve guide clearance). Otherwise the engine and truck run great and doesn't use oil. After driving this truck for 12 years I know there is plenty of life left in it.
Kbb.com shows trade-in at $3815.00 and retail at $7415.00 while Edmonds shows a range of $2800 to $5200 for a similarly equipped 1990 model. I understand it's too old for dealers to want to take it and would just wholesale it off (one dealer told me $2500 but recommended I sell it outright and list for close to kbb retail obo.
I'm sorry for the length of this post and the amount of info but I wanted to convey as much as I can about this truck. I understand it being a manual could be a big negative but feel for the right buyer perhaps positive. Anyway I'd appreciate you profesionals giving me an idea of what I might expect to get from a private sale. I am hoping for 5k-5500.
Honda's have strong resale value's....but it has two minor things going against it here..as in all vehicles......1) it's a hand shaker...2) mileage.... in Most vehicles this mileage makes it worth -- Zippity do dah, ...'but it's a Honda....and it is saleable, so let's figure ....EX -- roof -- new tires -- look's like a 2000 -- no smoke damage -- V6 --4dr-- cd
I'm with other guy's ...$6500 to $7500 -- real money -- Honda's are a funny breed ( I like 'em )...they will pull out of the book a lot of the times at the auctions so the market get's a little 'hazy'...so at that time -What do you do with them...? I think if you want to sell it....really want to sell it, you have to be more competitive.....I would be asking $8,000 or less....I know it's a Honda...but, 97k -- is 97K......and ...it's that darn 5 speed....ouch, your market dwindles.
I hope this helps
Terry.