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Real-World Trade-In Values

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Comments

  • 850driver850driver Member Posts: 7
    It is a V6

    Mike
  • rroyce10rroyce10 Member Posts: 9,332
    ... You are welcome .. and good luck !

    Terry.
  • tboner1965tboner1965 Member Posts: 647
    That would be a fun daily driver ;)

    TB
  • lancerfixerlancerfixer Member Posts: 1,284
    Nice Merkur, Bill. What's up with the red Saab 9000 in the background? :-)
  • jonbgoodjonbgood Member Posts: 157
    4cyl engine - 61k miles - sunroof - alloy wheels- dark red - power driver seat - cd & cassette - one owner car with remainder of 100k Mazda warranty - all service records. Very well maintained. I know some of the above isn't worth anything to dealer. What would you guess avg. trade in and avg. pvt. party retail would be? I'm trying to decide if its worth the hassle to sell it vs. trade. Thanks for your help!
  • pholliephollie Member Posts: 45
    What kind of money could a 2001 Saab 9-3 four door auto, moonroof, cd changer, wood interior, (no power seats) with 18,500 miles generate??
  • explrsportexplrsport Member Posts: 34
    Bill or Terry...I just picked up a 2001 Mustang GT, loaded, with 2630 miles from a dealer. Car is in TOP condition, but there is a slight problem....on the digital odometer, the tens digit (as in the "3") may be partially burned out/defective. It is my understanding from a previous thread that ANY work on the odometer must be reported on the VIN? What if a Ford dealer simply fixes it, and leaves the mileage the same?
    If the fix must be reported, will it hurt my resale value, private party or trade? Thanks!
  • aja123aja123 Member Posts: 4
    Can you give me trade in and private sale values for a 1995 Nissan Quest GXE with two tone paint (dark blue w/gray on bottom) towing package and 4 captain chairs (w/power driver seat). Has some minor dings and carpet stains otherwise in good shape. It did have around $500 of body work done on tailgate - dent repair and repaint from a minor driveway incident. It has 90k miles and is in NJ.
    (We may trade it in on a new Honda Pilot, depends on what value they give us on the trade.)

    Thanks for the help!
  • abtsellerabtseller Member Posts: 291
    are only "displays" for the odometer reading, which is stored in a separate computer. You should be able to replace the readout without affecting the mileage.

    I'm not well versed on the Mustang, but your service advisor should be able to confirm that for you.

    Ed
  • sflutysfluty Member Posts: 1
    Hi guys.

    I'm relocating soon to LA from the East Coast and wanting to know the trade in value on my 2001 Mitsubishi Galant 4dr sedan. This is an ES V6 model (Silver finish) with only 8,000 miles! Standard features: air con, CD player, cloth seats, wood trim. And yes, the new car smell is still there!

    Thanks,
    Steve
  • rroyce10rroyce10 Member Posts: 9,332
    .... How are you ..? So you going to be a right coaster ..huh..? I think you will enjoy it.

    So let's see here, we have a V6, lot's of help there. And of course, no miles going on along with ..and a good color.

    If it looks as good as it smells, you should be in and around that $12's figure.

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ... These are nice vehicles, plus this one has all the right toys .. but, all the wrong miles.

    If it's nice and clean .. and doesn't need much, you will be in and around that $6 figure on a trade. On the retail side, try $8,900 when it's all cleaned up and lookin' 00 -- and take $7,5/$8,500 home with you ...

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .... I'm guessing, no SE .. right ..?

    The miles are a little stiff on this one .. but you should see around $22/$23 on a trade, depending on where you live ...

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ....... Ed, has the right info on this dilemma ..

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ...... Well, what can I say ...?

    You have bunches of miles, it's been painted here and there .. sounds like it needs a little work. So, start thinkin' $3,5/$4,000.

    Terry.
  • blackcurrantblackcurrant Member Posts: 152
    Placed an ad on the maxima.org site. Sold afterafter 2 days to a very nice (and trusting) fellow in Fla for asking price of 13,900 minus shipping that i covered. (and they're happy). They love the Neptune blue.

    The one and only inquiry on the car, including local ads placed. Amazing

    Mike
  • jv312jv312 Member Posts: 32
    Gentlemen, I'm the original owner of a 95 VW Jetta III Celebration Ed. Sedan. Its a burgandy 4dr, 5 spd. w/ AC, cruise, power moonroof, Cd changer, alarm. Its in very good running condition (recent tuneup,oil change,brakes,etc.) and have all service records for its 134K miles. Never raced, adult driven. The dark interior is clean w/ no marks, never smoked in. I do have a couple of rust spots. One under the trunk about 4" long and another 2" spot on the driver's side door pillar. Its not too bad for 6 VT winters, but I hate putting more $ in it just to fix those spots. Any ideas on a price and/or advice on what to say about the rust spots? Thanks in advance. Judy
  • hwdanihwdani Member Posts: 1
    Hi. Please price my car as I am in the process of trying to get it ready to sell the car, probably to a dealer. Thanks.

    Bught car new in Oct 1991
    1992 Camaro RS V-8 5.0 liter
    Bright Red with Black racing stripes
    25th Anniversity Model

    Automatic
    PW
    PDL
    PB
    PS
    T-tops
    Bucket seats
    New tires

    Mechanically = excellent condition
    Mileage just reached 100,000 miles

    Interior is in excellent shape.
    Exterior is great. Still have original wheels that came on the car.

    I would rate this car between clean and excellent.

    Please give the price a dealer would give me and also the other values and a good/fair price for this vehicle.

    Please explain the difference between the loan value, trade-in value and the retail value.

    Thanks. Have a great day.

    Henry D.
  • metmdxmetmdx Member Posts: 270
    I found a 99 528ia that just got turned in off lease at a dealer that they are going to CPO. Auto/premium pkg 33k on it with 1 small gouge the size of a quarter on the rear bumper. What would the residual have been on this lease (roughly)? I figure if I offer 1500 over the residual, they might go for it.
    Thanks,
    metmdx
  • metmdxmetmdx Member Posts: 270
    As a follow up if I trade my 96 Accord EX V6 w/lojack leather, moonroof and in excellent shape ( i tend to take great care of my vehicles) and 92K on it, what do you think I could get on the trade???
    TIA,
    metmdx
  • nobeenobee Member Posts: 194
    Looking to sell my '02 325i w/ PP, Cold-wx pkg, xenons, STEP, metallic gray paint w/ 7500 miles on the odometer. Is there anywhere I can go (not listed in KBB,Edmunds or NADA) to get a rough estimate on how much this car is worth?
    Thanks,

    -nobee
  • rroyce10rroyce10 Member Posts: 9,332
    ...... Getting tired with that old beater Huh ...?

    It's a good color and no miles and depending on where you live, you are lookin' in and around $32/$33 on a trade .. IF it still looks and is puuuurrrfect.

    So, if you decide to go down Retail Rd... a good price to start at would be $36,900 and let some nice elderly lady take it home for $36.

    I hope this helps ...

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ...... Wow, sounds nice ....

    I guess you have taken excellent care of it ..

    On a trade, I think you are lookin' around $2,5ish. This is definatly a vehicle for Retail Rd.

    I would slap this little doll in the largest paper in the area, detail out and have all the papers ready from day 1, and start it up for $4,900 and let the Good Humor man take it for $4/$4,5 ... summer is here and this will sell fast.

    Loan value, is a figure that a lender "may" loan on a vehicle, depending on the year and miles. In your case, your vehicle has a few too many years and miles. As a rule, loan value isn't really accurate in todays market. A person with excellent credit, can purchase a vehicle for thousands over loan .. and of course, that pendulum can swing the other way with someone with average or less credit ability .. it also depends on the lender, some will loan more than others.


    The trade value, is a amount that a vehicle might receive, this all depends on the year, miles, condition, options and color of the vehicle.

    The retail figure is a number that can be used as a "asking" figure at sale time .. the word being here is "asking" .. this again is based on the miles, condition, etc. Most folks feel their particular vehicle may be worth more than that ... l..o..l...

    Maybe this helps ...

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .... How are you ...?

    This sounds like it may need a little work .. but is it worth it? I might think .. No.

    In Vermont, this vehicle might fetch $1,5/$2,0 on a trade and on the retail side .. maybe $3,0 or so. The miles are waaay stiff and it's a handshaker.. it's not worth the expense to have it fixed, unless you can have it done for a couple of hundred or less.

    Good luck ...

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ... Good Job .. !

    So what's on the agenda for a new vehicle ..?

    Terry.
  • nobeenobee Member Posts: 194
    thanks for your input, but your numbers seem a bit high, no? I'm wondering if you're basing those numbers on your many years of experience or you've actually seen my car go for that much.

    I'll be selling it in the Seattle area and will be asking for less than 32K if anyone is interested.

    -nobee
  • blackcurrantblackcurrant Member Posts: 152
    Thanks, i suspect it was just dumb luck. I hope the max is good to them, they were nice folks.

    i picked up a extremely well-preserved 94 taurus sho from a fine fellow in attleboro, MA. A HANDSHAKER!, for 4200. I like this car. love the seats...a great highway cruiser...and a ton of fun for a third cost of the maxima. (still looking for an older awd eclipse/talon)

    Thanks for your help and God bless.
  • tboner1965tboner1965 Member Posts: 647
    not a 325i.

    Maybe they appreciate? What did it sticker for new, if I could be so bold?

    Heck, maybe I could make some extra $$$ by buying European Delivery BMW's, driving them a few Kklicks and then selling them for more than I paid for the whole thing 8^)

    TB
  • nobeenobee Member Posts: 194
    Yeah, the ED program is outstanding!
    I bought mine through the military/diplomatic sales program in Germany. Out the door price was $30,040. Asking for the same. Interested? ;-)

    -nobee
  • rroyce10rroyce10 Member Posts: 9,332
    ....... It's a 02 325i 4dr. all toyed out, with 7k ... right ..?

    I just based that on the last 30/40, I have seen run between San Fran and Vegas ...

    The Seattle market could be a little different, but that seems to be the numbers on the rest of the planet ... l..o..l.....

    02 330i's with about the same mileage are doing around $36+ at the block ... there is about a $4 grand swing between the 325's and 330's ...

    I'm sure at $32, It will sell fast ...

    Good luck.

    Terry.
  • rubicon52rubicon52 Member Posts: 191
    You estimated that Nobee could get 36K retail for his 2002 325i, but Edmunds shows the MSRP of that car new (with the options that Nobee has) as $33,895. How can you expect to sell a used 325i for more than the MSRP of a new one?
  • metmdxmetmdx Member Posts: 270
    I'd appreciate your input also on my inquiries at #7373/7374.
    Thanks,
    metmdx
  • im_brentwoodim_brentwood Member Posts: 4,883
    Hmm...

    Few rust spots.. 134K.. I am thinking this to be a $2,500 car on a total stretch as a trade.. really in the $2K range IMO. I'd ask $4,500 and I bet ya get $3,500-4K

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    On the Camaro...

    If this is just PERFECT, I mean it looks like a 30K mile 99.. it could do mid-upper $2Ks on trade.

    Sounds like this is your "baby" tho. So retail it. I think you can be greedy here... I think you can ask $5,500 and I think you can get $$4,500 for it.

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Oh... in regards to NADA Book?

    Loan: Allegedly what a bank will loan on the vehicle.

    Trade-In: Allegedly what a vehicle's wholesale value is. This is a "smoking crack rocks so big you need to use with PVC pipe" number generally.. I.E. if I were to sell at least 2 or 3 cars in Inventory at that number I'd make $4-5K on them :)

    Retail: What it should retail for. Sometimes close, sometimes not. See above...

    Obviously I dont use NADA book to do business with!

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    They have they own way of buying these cars...

    CPO costs them about $875, plus $300 or so for the inspection/detail.. plus figure another $500 in recon. The prolly paid about $26,500-27K for it, which is what I have been paying for cars like that.

    You could start em at $29K.. but I have been getting $32K easily for 528s like that...

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Is worth mid-upper $6Ks...

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Bring HUGE Money wholesale.

    Hey, who cares what the books say? I am with Terry. I have been buying a LOT of late-model BMWs lately and I can tell ya that a nice under 10K mile 02 325i is a $32K car at the auction.

    Does this mean new is a better buy? Maybe. but the market be doing what it be doing..

    Bill
  • tboner1965tboner1965 Member Posts: 647
    I suspect there will be a new BMW, freshly broken in on the Nueremburg(sp?) ring, heading to Chez [non-permissible content removed]. Both the MPV and the SVT should be paid off. Wifey gets a new house, and I get a new car. My first brand new one since 1994. Think she'd go for a six car garage with attached double wide trailer ;)

    That is, if I don't fall for the IS300 instead.

    It's a great time to be a car enthusiast again.

    TB
  • lancerfixerlancerfixer Member Posts: 1,284
    Thanks for the input yesterday. After work we swung by the local GM store...been there twice before and nothing. Lo and behold, a forest green '99 Prizm with 38k and an asking price of $7995...nothing fancy, but it's an auto with A/C and a tape deck with no signs of damage evident to my amateur eye. It's "certified," but I don't know if that's a dealer thing or a GM thing. I had to leave; Bryan and coworker #1 stayed behind to hash out a price. I haven't spoken to her today, but I drove by this morning and there was a "Sold" sign in the window. :-) She may have to go 5 years on the loan, but with all the other stuff she's dealing with (huge medical issues) monthly buget's more important than total cost right now. To me, Hell would be five or more years in a Prizm, but it's perfect for her. I'll let you know the details when I know them. I'm trying to finagle a business trip to our Melbourne office, and if I can, I'll pay you the beer credits I owe you. Thanks, man.

    -Dave
  • nobeenobee Member Posts: 194
    Terry and Bill, It's kinda hard to pintpoint any numbers overseas so I great appreciate the insight. We'll see what happens here real soon...

    TB, looks like you're going to have a devil of a time in '04! I have to say the 'ring is one of the biggest benefits of living over here in deutschland. You probably know this already but if you're worried about your new ride, you can always rent one of their "taxis"--a white alpine M5!

    -nobee
  • sonjaabsonjaab Member Posts: 1,057
    One of my cousins just bought a 02
    Prisim instead of a Corolla. With
    the rebate, GM employee discount,
    gm mc card points, no adv fee they
    paid 10k out the door ! They don't
    care if this is the last year for
    them cuz they keep em' till the wheelz
    fall off anyway ! They also have 2
    troublefree caviliers with 110k and 60k
    at their house too. Their 96 Camry
    just popped the belt at 60k and bent
    the valves ! To the scrapyard it goes !
    ........geo
  • lancerfixerlancerfixer Member Posts: 1,284
    Like I said, it's not to my taste, (or hers, particularly) and I could find many, many far more interesting cars at or even below her price point (she was particularly enamoured of the Mazda 929, Nissan 240SX and, of all things, the Volvo 240. We looked at a lot of cars.) I could not, however, find a more practical, cheap to maintain, or functional (for her needs) car than the Prizm. Toyota reliability with Chevy resale...it's the used buy of the century, really, besides Saabs and Mazda Millenias.

    My experience with Camries and Cavaliers exactly cancels yours out- My mom & dad bought an '88 Camry new when I was 13. Both I and my younger sister learned to drive on it (five speed, no less) and it lasted 212,000 miles before New England road salt finally claimed it two years ago- it was replaced with an Accord after they drove mine and liked it. The Cavalier, OTOH, was a complete pile before 100,000 miles and I was glad to be rid of it (I didn't choose it; my wife brought it with her.)

    Oddly, used Prizms are extremely tough to come by in this area (Cedar Rapids, IA) for some reason. As I mentioned before, we stumbled upon this one at a GM lot we'd been to twice previously. The few we saw around before that were either mega-milers, poorly maintained, five speeds, or a combo thereof.

    On a completely unrelated note, we also ran across a 240,000 mile '96 Altima. That says something, but I'm not sure what, exactly.
  • im_brentwoodim_brentwood Member Posts: 4,883
    Sounds like a deal! $8K basically? Hope they got it for cheaper but still.. thats not a bad price. And, like I said, that car is THE deal of the moment on cheap wheels.

    George.. Yeah of course the timing belt broke, it was SIX YEARS OLD! :) Dont they say 48months or 60K? tsk tsk..

    Bill
  • handsfree1handsfree1 Member Posts: 37
    The is a great time for this post, since you guys are talking about Prizms.

    What about this one, it's a 99 also. It's a LSI, 30k, auto, sunroof, "side airbags", cd, keyless, alloys and all the power stuff. It looks like a new one, grey metallic and light grey interior.
    Sister is trading it in on a S60, what say you?

    Again, thank you in advance.
  • im_brentwoodim_brentwood Member Posts: 4,883
    Oh yeah.. on her Prizm.. Figure its an easy $6K at the sale if its' nice.. Plus $500 for certification.. blah blah.. $7995 is cheapish asking and I bet they did better. Even still, a fair price at 7995. If it were hers I'd say as a private party to hope to get 7500 for it.

    Since you love eBay.. now yuou got me looking....


    Damn you I dont need this but I MUST HAVE IT.. arrgh!


    http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=1832339567


    Bill

  • im_brentwoodim_brentwood Member Posts: 4,883
    I think we are in and around that $7K mark on a trade. I.E. $6,500 as a minimum.. shoot for $7K, if they ask say ya want 7500. :)

    Bill
  • sonjaabsonjaab Member Posts: 1,057
    Owners manual said something like
    80k on that Camry. The 90 Cav. had
    the 2.5 Iron duke driven by gears off crank !
    The 96 Cav. is a 2.4? with belt. And you
    know they took it down ASAP and had
    that belt changed..LOL !!!!
    But still 10k OTD on a new Prizim, New
    Corolla was 5k more with LESS options !
    Not to mention Toys dealer attitudes !
    ..geo

    BTW: Did I mention my son has a 95 CAV.
    and ain't killed it yet either !
  • lancerfixerlancerfixer Member Posts: 1,284
    Thanks for the info. I talked to Bryan last night and got an update...they're dropping the price a few hundred and seeing if they can get financing better than what her bank is offering her.


    That's a nice Mercedes wagon, but you know me...all about those oddball Swedish cars.

    http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=1833196416

  • meds4meds4 Member Posts: 1
    We are getting ready to trade our 99 Infiniti Q45T. It has 27k, it is pearl and tan, cold pack, trac ctrl, Bose, every option in 99.
    All the Maintenance has been done by Infiniti, there is one little ding about the size of a bottle top, that's it.
    The interior looks new, non smoker and we have it cleaned and waxed at least 3 times a year, garage stored when not being driven.
    We hate to give it up, but we need a small van type, what's your thinking before we drive ourselves crazy.
    Thank you.
    Bob.
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