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Real-World Trade-In Values

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Comments

  • abtsellerabtseller Member Posts: 291
    we had just put $4K in one last month (identical T&C), but what I forgot was that it only had 80K miles on it.

    Ed
  • jmnjggjmnjgg Member Posts: 1
    I recently bought a Ford Taurus, I've recently come into some financial problems and I would really save some big $ if I were to trade my car in for another make and model at a cheaper price. The thing is I bought my car in August 2001 and I've heard that I won't get any return for my car since it is new and I might end up paying more for an inexpensive car then what I'm paying now. I don't really use my car much and really don't need one so I'm really trying to downgrade my car type to an inexpensive make and model and would really appreciate any help!!!!!!!

    Thanx, JiGG.....
  • tboner1965tboner1965 Member Posts: 647
    Lots of weeks ago, I posted about my wife's grandmother's 1991 GrandAm with 18.3K on the meter. It was a pretty basic LE with the 2.5L 4 popper, automatic and air.

    Well, I finally drove it to work to see if I'd like it, and frankly, I was a bit cramped in the shoulder area.

    So I sent out an e-mail to the office saying the first with $3K can take this cream puff home.

    Had three people who were interested, but only one brought any cash.

    I sold it for her for $2750.

    How did I do? I know the buyer and the seller was happy. Should they be?

    TB
  • im_brentwoodim_brentwood Member Posts: 4,883
    That is still, wholesale, barely a $1,200 car.

    I'd say ya ripped her head off as they say!

    IOW, you got REAL strong $$ for it.

    Bill
  • tboner1965tboner1965 Member Posts: 647
    Guess that means a few more bingo cards for GramGram 8^)

    Thanks Bill.

    TB
  • im_brentwoodim_brentwood Member Posts: 4,883
    Personally I want to see 01s with abotu 15K on em.

    Any more and the deduct-o-matic whip comes out.

    Now, Jags? 8-10K.

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    JiGG,

    Uhh... OK, is it an 01? An 02? Model? Color? Location? What is your payoff? SE? SES? SEL? etc?

    I think we gotta send ya to your room.

    Bill
  • hungrywhalehungrywhale Member Posts: 83
    What are clean 97 or 98 M3 sedan 5 speeds going for nowadays? I'm not looking immediately, but once my A4 lease is up, I might go for one of those bad boys, but only if prices are in the $20k range. I'm not shelling out $25-30k for a 5 year old car that sold for $40k new.

    I looked in Autotrader and saw lots of them in the $30-35k range with 30-50k on them. I'm not willing to do that. If that's the case, I'll get a 98 328i and save myself $10k-15k.
  • qbrozenqbrozen Member Posts: 33,732
    Really, Bill? Only 18k miles and it would only fetch $1200 trade-in? I was actually thinking that $2750 was a helluva buy. Not that you would get more than that wholesale, but, if I was a shopper for that car, I would be pretty damned happy to get a car that has less miles than most that are 2 years old for that kinda money.

    You sure you're not reading 183K?

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • ghuletghulet Member Posts: 2,564
    ...aren't always a good thing. If the car is only driven 1-2k a year, lots of things are liable to fail from 'lack of use'; if the car sits too long, fluids go bad, tires, belts and hoses dry, electrical things die out, brakes lock up, etc. Also, it's still an eleven year-old basic Grand Am, on which likely very little has ever been replaced.
  • fsufanfsufan Member Posts: 35
    I saw an ad in N. New Jersey for a 1996 Infiniti G20, automatic, am/fm cd, leather, moonroof, 74,000 miles original owner listed for $5,900. I'm not sure of the color and I think the only options that year other than A/T were 2 packages, a Touring Pkg. and a leather appointment pkg., which both include a moonroof and leather interior. What should I be able to buy this car for from a private party assuming good condition.
  • maxwellamaxwella Member Posts: 17
    I have a friend who is interested in either a 1999 Sunfire GT, 27K miles, dark red. An acquaintance has one he's offering for $8K. Is this a reasonable price?

    If not the Sunfire, my friend is interested in a Kia Sportage--or, specifically, what kind of Sportage she'd be able to get for roughly $8K. Any thoughts? While they're popular, they are Kias...

    Thanks for any input--much appreciated!

    Kelly
  • rroyce10rroyce10 Member Posts: 9,332
    ...... Gheeeez, what are you guys up to now ..?

    This is like trying to find your ball at the 7th hole at the Canadian Open ...

    what's next ...?

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Did I read that right ...?

    With this Edmunds thing changing formats, I might have miss read it ...

    $25,900 with 35k on it ..? --- I don't think so. $21,900 with 35k on it, yes. He can't have more than $18/$19 in it -- We can put that Ad over at the "Dream On" prices section . l..o..l...

    I'm a brave Hiawatha, but I would never be brave enough to put out an Ad anywhere, unless I knew I could move it .. Fast! This guy will have this unit til 04 at that price.

    Keep in mind ... anyone can ask anything they want, for anything. That's why my neighbor has been trying to sell his boat for 10 wks now, and can't get a nibble -- and doesn't understand why.

    But anyway .. between you, me and the floor .. I would be lookin' for a nice, clean 01 Maxima GLE or SE, same vehicle, less hassle, better re-sale value in the long run. You should be able to find a low mileage one, loaded up for around $21 ...

    Good luck ... and let us know.

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... I will let Bill answer this one, you two have much in common.

    Terry.
  • butchbr73butchbr73 Member Posts: 325
    Yes, your eyes read that correctly. Thats an '01 I30 for $25.9k w/ 35k+ miles....

    Thanks on the advice. I like the way the I30's looks better than the Maximas, but they are essentially the same car. So, whatever model I can get a better deal on, we'll go with that. We have an Inf dealer in town, and have yet to stop by and see their stock, but at this point, the Nissan dealers have very few Max's on the lots... What type of discount/incentives do you look for on the '02s as we move closer to the '03s being released.
    Thanks,
    Brent
  • hungrywhalehungrywhale Member Posts: 83
    What's that? Our dashing good looks?
  • im_brentwoodim_brentwood Member Posts: 4,883
    Hmm...

    97s with miles in the 50s are doing like $19-20Kish at the sales now...

    98s? More. 40-45K miles are in the $22-23,500 range.

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Gee.. I dunno...

    Maybe charming wit? :)
  • im_brentwoodim_brentwood Member Posts: 4,883
    OK.. its got 18K miles...

    But it is STILL an ELEVEN YEAR OLD GRAND AM!

    These are typically like.. worth less than a half-way decent Seiko!

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Retail they're worth less than that!

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Thats a good price. $4,500-5K car at the auction.. if you asked me what to sell it for, Id say to hold out for closer to $6500.

    Although, start em out at $5K :)

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Sportage? I woudlnt let my worst enemy buy one. Slow, noisy, atrocious reliability. Sorry.. but...

    Sunfire? You can do better!

    Get a Geo Prizm.

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    Yeah, that's WAY THE HECK too much for that I30.

    Terry is indeed a Brave Hiawatha.. but... Neither of us would ask that for the car. I'd expect to buy it for $18,500 and sell it for about $21K or so.

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    We got $16,800 for that Audi at the sale. Cha-Ching!

    Jag sale yesterday was a joke...

    $1,500 out of Xtra Clean for a Black/Black 2000 XK8 coupe? What the heck? 30K mileer did $43,800. The 33K mile Sapphire Blue ragtop behind it did $43,500 :))
    Guess which one I was on? LOL

    Bill
  • hungrywhalehungrywhale Member Posts: 83
    So is it realistic to expect to be able to get a clean 97 or 98 M3 sedan for around $20k in a year or so? Or am I smoking crack?

    I know Autotrader has 'wishing' prices, but they're really out there.

    Lessee...

    97 coupe with 42k for $31,990,
    98 sedan with 32k for $36,900
    98 sedan with 20k for $35,500

    And my personal favorite, a 98 coupe with 8k miles for $42,900! I think that's more than it sold for new!

    The list goes on and on...
  • im_brentwoodim_brentwood Member Posts: 4,883
    I would think very realistic.

    Shoot, maybe I should be selling used M3s!

    Bill
  • jimmyj1945jimmyj1945 Member Posts: 141
    Where are you? I have been thinking about selling my 2001 I-30. Has 16,xxx miles. Would take 23K. No More-No Less. More details if interested. I am in Texas.

    Jim
  • bemibemi Member Posts: 1
    Looking to trade my 2001 Yukon SLT,4dr., Florida car 34500 mi.leather,3rd.seat,trailer pkg.,2wd.,in EXCELLENT condition.What is the real world trade in value?
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Nice vehicles ..

    Lot's of miles on this one.

    Is this a 1/2 ton ..? -- 3/4 ton ..?

    Color ..?

    Slider ..?

    North or South FL ....?

    Need a little more info on this EXCELLENT vehicle.

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... You did good ..! --- real good on that A8 ...

    You where on the Sportage .. right ...? l..o..l..

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .... You need to hook up with Jimmy1945 .. that's a good price, if it's clean and all there...

    Terry.
  • im_brentwoodim_brentwood Member Posts: 4,883
    Yeah... I was on the Sportage :)

    Get this, rumor is SADE is going to make ALL Kias run red light, period.. LOL.

    Man prices were high yesterday... Land-Rover sale? The first one they had at Central FL?

    100%. No kidding. 100%. And Jag was around 90%!

    Whew! I am telling ya.. I buy a lot of those Jags, and prices are stronger now than ever. Freaking 98 XJ8s are doing the same $$ they did LAST SUMMER!

    =O

    Bill
  • rroyce10rroyce10 Member Posts: 9,332
    ...... It's across the board.

    99 Corolla LE's for $9, 98 Civics LX's for $10, Tundra's out of the book, Vette's out of the book, 3's out of the book -- We don't need no stinken' Black Book .. just a check book. l..o..l...

    Terry :-)
  • peetertpeetert Member Posts: 124
    Bill/Terry

    Drove this car last night in the pouring rain and loved it. Drove a '99 S70 GLT later and felt great except for spinning the tires on an uphill grade.

    Didn't get much into price with either because I want to try a few more cars before sitting down to haggle. So far, the Audi is the front runner.

    Here's the info

    99 A4 Avant 1.8T Quattro
    Black w/ black leatherette (dealer says its leather)
    27400 miles
    Auto
    sunroof
    clean except for a scraped passenger side rim, but it was raining so I didn't get a good look.
    good rubber
    am/fm cassette (concert series)
    heated seats

    $20,495 (internet price)

    Dealer said it was traded in by an elderly gentelman who bought a Matrix. Was a lease (I asked about this in another thread because it had a commercial reg). They've had it over 2 months (carfax showed 3/27/02 as title transfer). The salesman said the above internet price was a "rock-bottom" price, but a TMV shows it right at dealer price.

    What do you think they're rock bottom price really is?

    Thanks,

    Peeter
  • rroyce10rroyce10 Member Posts: 9,332
    .... You get the Gold Star ..! You are doing it ...

    Most people don't spend the time to get the real "feel, touch and smell" of the next vehicle.. and driving it around the block, just doesn't make it. I tell all my customers, drive it for an Hr or so and see what you think ... what a difference that makes.

    You are lookin' at 2 great vehicles ... so we will see what happens.

    Can't say about the commercial part, it's usually a lease through their own co., I wouldn't worry about if it checks out A1.

    It's a 99, black on black .. you must be a Yankee boy.. l..o..l. The miles are right for the year, it has the right options -- They probably have "around" $18+ in it, so the $20ish figure is about right -- Wow, Edmunds hit one right ..? l..o..l...

    But, to your advantage the vehicle has been sittin' for a little while. Check it out in the daylight, I feel somewhere between $19,7 and $20 should bring you two together.

    Hey, let us know ...

    Terry.
  • peetertpeetert Member Posts: 124
    Thanks for the quick reply.

    Yes, we're in NJ and as "luck" would have it it started pouring just as we got to the dealer. As we live in a hilly area it really gave us a good idea how the cars would drive in bad weather.

    19,7 still puts it above our max point, but who knows how badly they want to get rid of it. Ideally I'd like to see 18,5 since the TMV trade in showed 16,7. I did tell them I was pre-qualified for a loan and would be trying to sell my 1990 Volvo 740 myself, but would entertain offers on both from them as well.

    I'm going to look at some '99 A4 sedans this weekend or early next week that are priced at 18,5 to 19,5 so maybe I won't end up with the wagon.

    Peeter
  • rroyce10rroyce10 Member Posts: 9,332
    .... A slider is a sunroof, moon, glass top, a see through, hole in the roof, top glare, peak a poo .. well you get the idea. l.o.l...

    So, no slider ..? and a 2WD 1/2 ton.

    Ok, lot's a miles going on here .. a UCF neighbor and not far from Bill. You have the right color and if you are knee deep in rubber, interior has not seen D-Day (D stands for Dog) and it still can be "eye balled" as a new one, if not start deducting. ... then you should be in and around that $23ish figure.

    I hope this helps ...

    Terry.
  • anotherbriananotherbrian Member Posts: 1
    Hi.

    I have a 2001 Solar Yellow XTERRA SE, 4WD, 5spd, 19300 miles, bought in Dec'00. Except for three small paint chips on the hood, the exterior is spotless. The interior looks new (seat covers, floor and cargo mats since day one), except for a few small scratches on hard plastic parts that aren't too visible.

    I'm in Northern California.

    I read on Edmunds that in some states, the trade-in value can offset the new car price (is that true in California?).

    I'll be replacing the truck with a Honda S2000, and expect to pay MSRP for the car. Would a typical Honda dealer want the XTERRA for trade?

    Thanks.
  • rroyce10rroyce10 Member Posts: 9,332
    .... The S2000's are great little vehicles .. well built and fun to drive.

    Mellow yellow ..huh. ..? I don't know why, but this color is popular.

    Ok, we have a 4x4 SE that's a V6, it's a handshaker - no help there, and we have some miles going on here.

    Sounds like you have taken care of it .. (thank you for a great description) .. you are going to be in and around that low $20 figure on a trade, if it's as clean as you say it is ...

    Terry.
  • jimmyj1945jimmyj1945 Member Posts: 141
    We thought about this before, but today we made up our minds to sell/trade my wife's truck. I don't like a hassle so will probable trade.

    Year: 2001 Color: White
    Make: Toyota
    Model: Tacoma PreRunner 2 Dr Standard Cab SB
    • 4 cyl 2.7 L Engine
    Condition: Outstanding
    Mileage: 2,900 Yes, 2900

    • Automatic 4-Speed Transmission
    • Air Conditioning
    • AM/FM Stereo/CD/Tape
    • Dual Air Bag Restraints
    • Front Bench Grey Cloth
    • Intermittent Wipers
    • Power Brakes
    • Power Steering
    • Styled Steel Wheels
    • Tachometer
    • Tilt Steering Wheel
    • Chrome Bumpers
    Just like New
    Located in Lubbock, Texas

    Thanks for your advise.

    PS: Still thinking about trading/selling my Infiniti I-30. I'll let you know results.

    Jim J.
  • silverarrowsilverarrow Member Posts: 12
    Emerald black, 16K miles, tray tables, chrome wheels, moonroof, etc.

    Black/blk with all options execept keyless go and 5K miles.

    What's fair $ for trade-in and fair $ on retail?

    TIA.
  • cathy01876cathy01876 Member Posts: 7
    I have a 2000 Honday Accord Coupe EX V-6 with 53K mileage which I would like to trade-in at a dealership. What kind of fair trade-in value can I expect? Thanks.
  • rroyce10rroyce10 Member Posts: 9,332
    ...... Holy Moly .. not too many of these around ..

    Gheeeez, what no Cavaliers or Hyundai's in your stable ..? l..o..l....

    I'm gonna guess on this one .. I gotta think $95/$98 on a trade ... maybe a little more or less. It's the right color for the area and it has no miles -- and of course, you know these puppy's have to be puuuurrrfect inside and out ...

    Soooo, on the retail side .. hmmmmm, I gotta think around $119, I know I have seen then in Dupont and the WSJ for $125, but they have also been in there for a while -- That's my guess, but I do have a friend that is a Dealer for them, so I will see what the "real deal" is.

    Bill, what's your thinkin ...?

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .... Need some more info here babe ...

    Auto, color, *condition*, smoker, tires etc. ...?

    It's got lot's of miles... so we need lot's of info .. got it ..? Get it ..!

    Terry ;-)
  • im_brentwoodim_brentwood Member Posts: 4,883
    Dom,

    Still got an 02 Benz on yer mind, eh? :)

    The S55 is worth $95K. All day long assuming it IS Loaded out aside from Keyless Go (Which has not caught on with buyers here..)
    Retail? $105-110K oughta be the ##.

    The Arnage First,get an 01 or newer Red Label with the real engine! lol...

    These are so damn tough to call. I see a few here in Orlando at the sales and they are just all over the place. 99s are the least desireable, THAT I do know all too well. See, the thing is, the sucker could get bid to $85K and not surprise me, and it could break $100K and not surprise me. Nothing more amsuing/scary to see than guys who have no idea of the value of an item bidding on a 3yr old Bentley.. LOL.

    I'd say Terry is close but he likes it better than I do... I feel it is around ther $90K to MAYBE $95K on a push-from-hell. Retail? $110K.

    The BMW-Engined cars have gotten VERY stiff over the past 18 months. When the Red Label came out, the Green Lable cars went from 100% to less than 10% of production.

    Bill
  • im_brentwoodim_brentwood Member Posts: 4,883
    I'll let Terry hit yer Truck, he knows em way better than I...

    Bill
  • cathy01876cathy01876 Member Posts: 7
    Terry,

    Automatic, Dark Green, Clean Condition (some scratches/dings), no smoker. 6 cyl 3.0 L Engine, Air Conditioning, Alarm System, Aluminum/Alloy Wheels, AM/FM Compact Disc Player, Anti-Lock Brakes, Automatic 4-Speed Transmission, Center Console, Climate Control for AC, Cruise Control, Dual Air Bag Restraints, Garage Door Opener, Intermittent Wipers, Keyless Entry System, Leather Seats, Leather Steering Wheel, Power Brakes, Power Door Locks, Power Drivers Seat, Power Mirrors, Power Moonroof, Power Steering, Power Windows, Rear Window Defroster, Remote Trunk Release, Side Air Bag Restraints, Steering Wheel Radio Controls, Tachometer, Tilt Steering Wheel, Tinted Glass. Mileage high but all highway.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Ok, based on the powers that be .. your 99 Arnage, if perfect .. is worth in and around that $98/$99 trade figure. They have the twin sitting in their showroom right now (except it has tan hydes) with 9k, with an asking price of $131,900 .. and expect to get $121/$125?

    So, this should at least give you an idea. ..

    Bill is on this one , The Double Nickel Benz is worth $95+, my Golf partner bought one last week out of West Palm for $97 with 4k and he retailed it for $112 .. so, this will at least give you a good idea of what to do with these two junkers ... l..o..l....

    You have my interest, so let us know what happens.

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Thank you for the description .. now if I knew if you were north or south.. l..o..l..

    Let's assume you live north of the Mason/Dixon line .. you should be in and around that $14 figure, miles are the killer here.

    Terry.
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