Real-World Trade-In Values

rroyce10 · June 2002

..... Ok, now on to a real vehicle ...

2,900 klicks ...? Wow, nooo miles here, lotsa help. Auto, more help here ... I wish it was a 6, but the 4's sell well .. you should be in the low $13's on a trade.

Terry.

im_brentwood · June 2002

Hmm,

Maybe I deal with lowballers

I got hit at $90K and $92K on the car... But those were my NYC area guys.

Irrespective, when the Red Labels come down, Ima get one I think.

Bill

cathy01876 · June 2002

Thanks for the information. I'm from Mass and that is what I thought I should get for a trade-in around $14K. How does a trade-in work when purchasing a new car let's say around 24K? Would you recommend any particular car? I'm looking for something that seats 5/6 people, nice comfortable ride and good repair record. I was looking into Crown Vic, Mercury Marquis or Chevrolet Impala. Your thoughts?? thanks

silverarrow · June 2002

Bill, you know me...can't get the '02 benzos outta my mind! I am just looking to drive 'em for a few mos and then flip 'em!

I hit the '99 Bentley @ $90 altho ask was $120. [Its simply not worth more than that to me].
Still awaiting the response - the guy (2nd owner) has 2 others (red label and azure) and says his wife just does not get round to driving the '99 very much anymore! Your advice on the '99s is well taken, btw.

The 4D s55 is really not my cup of tea but i might be able to hit it at $95K (MSRP was ~ $107). I jones'd on the '02 CL500 with all options (and 20" brabus/brembos) except keyless go which was offered to me at $93 (from a dealer, no less) and while waffling it got sold at $99. Agh!

Anyway, looking fwd, whats an '03 X5 4.6iS w/ all options and running boards worth (october delivery)? [sapphire black with black/red lthr/suede interior]

Bill/Terry, any takers on the right coast for an '02 CL500 sport (blk/blk) no-miler and an '03 SL500 Launch Ed. w/ 1200 miles? Not mine - belong to people i know....

TIA.

jimmyj1945 · June 2002

Taking the Toyota Truck in tomorrow morning. I was hopeing around 13.8; you said low 13's. I'll let you know tomorrow what the dealer says.

Thanks Again,

JimmyJ

ple_1969 · June 2002

I have a 1969 VW Golf GL 4 door 4 cyl. 5 spd. that I am going to trade in tomorrow. The only option that it has above the standard GL package is the power moon roof. It has 61,000 on the odometer and is in good shape. Looking on the net it seems that the trade in would be between 3,000 to 4,000. Does this sound correct? Does anyone know what the wholesale value would be on that?

Thanks,
Pete

bigroyband · June 2002

Hello,

I will be trading in my 2000 Maxima SE. It is gray, 60,950 miles, excellent interior and exterior, non-smoker, tires in good shape. Kept up maintenance, no mechanical problems. Mostly highway miles. Optional equipment: power moonroof, power driver's seat, and traction control (TCS).
Western Chicago burbs.
What price can I expect from a dealer?
Thanks for your time.

Evan

By the way, I LOVE this car. It's a lot of fun to drive. I need to get a car/van with more luggage capacity due to a new baby in the family.

ghulet · June 2002

I take it you mean a 1999 Golf?

rroyce10 · June 2002

..... Oooooh, I do love those CL's .. let's chat -- email me.

Terry.

rroyce10 · June 2002

..... All vehicles are personal taste, of course.

Personally, I like the Vics and G. Marquis's, they are Town Cars without all the popcorn or price. I would have to think with you in Mass, a rear wheel vehicle might not help through the winters .. but, I don't live there.

Perhaps a Impala might do a better job .. and I feel they are a great buy, a lot of BANG for the buck ... the 01 loaded up ultra clean LS's, with 7/9/11k are doing in and around $16 at the block, so I would have to think you could snatch one for around $17,5 or maybe less, depending on the dealer ...

Good luck .. and let us know.

Terry.

rroyce10 · June 2002

.... I guess I don't have to tell ya .. all those miles aren't going to help you ..

Leather ...? Bose ...?

Terry.

eagleeye3 · June 2002

Hi! I have a 1994 Toy Camry XLE - V6, Black (paint good, some tiny chips front hood), leather (very good, clean, no tears), 124K, sunroof, all power options, new timing belt, water pump, brakes. No dents (zero accidents, maybe 4 minor door dings), non-smoker, orig. owner, well maintained, mostly freeway miles (commute), super clean, runs great (orig. motor), needs tires (5K left in them). Hard to part w/ but stepping up to X5 or MDX. I live in San Diego area (Carlsbad).

bigroyband · June 2002

Terry,

no Bose, no leather.

Evan

pilotf15 · June 2002

It has 166k. A/C does not work, cruise control does not work, AM/FM/tape Stereo. Sun roof. Faded paint on the roof. A little bit of rust at the back end. I would like to know what I can expect from trade in

lancerfixer · June 2002

I saw a car at Target this evening that immediately brought you to mind...a 1937 Alvis. What the heck is an Alvis? It's off topic for here, so if you can still get on, you could post the reply at the Mountain.

rroyce10 · June 2002

..... What the heck is wrong with you ...?

What's an Alvis ..? You must not get out much ...

It's that very famous singer, Ya know, Blue suede shoes, You ain't nothing but a houndog .. Gheeez, even I know that ... thank ya, thank ya .. thank ya very much. I think he might be dead now -- but, I heard he might be working at Disney World under a disguise ..

Terry :-)

ghulet · June 2002

...is that Honda Accord LXi a 1988? They haven't made an LXi since '89, so I'm assuming that's what you mean...?

Where do you live? Is the car a stick or automatic? I don't think most dealers want an '88 anything, though Hondas do sell well. Here in Chicago, that sounds like a car you could stick in the paper for like $1500, take $1200 or so. On a trade, a dealer's likely to offer you $500 or so.

Just for reference, a friend is in the process of trading (for a Matrix) a '90 Celica GT automatic, non-hatch, power roof, a/c inop, 180k miles, in good shape but needs maintenance (pads & rotors, tires), they're giving him $700.

rroyce10 · June 2002

..... Ok, we have just a few miles going on here ..

We have hot air blowing all over the place .. cruise is not cruising, rust is raising it's ugly head and the paint is going south ..

so where is the good news ...?

Next thing you will be tellin' me is, it has a handshaker --- So now what ..?

Well, without "eye balling" this gem .. I gotta think "around" .. $3,5/$4.

Whoooof, test vehicle for the Muja Haddean ...?

Terry.

rroyce10 · June 2002

... I wasn't sure myself .. I just figured the I was a "typo' ...

We will have to wait, till it comes out on video.. l..o..l...
Terry.

rroyce10 · June 2002

.... An 00, with 61 klicks .. no toys, no tunes ...

Auto .. right ..?

Whoooo, around $13 .. maybe.

Terry.

bigroyband · June 2002

Thank you Terry for your help. I appreciate your time.
Evan

ronsteve · June 2002

I posted asking about the trade value of my car here about a month ago.

1999 Corolla LE, 5-speed, cruise control, dark green, 49K miles... interior is clean, only parking lot scratches on the exterior...and it's in Wilmington NC.

You guys hit me around $7K talking about trade, and I hope it was the high side of 7K.

But what if I slap a set of tires on it (it's getting to be time) and sell it myself? How much should I try for/expect to get in that case?

Thanx in advance.

tomm14 · June 2002

You helped me out before with my 1991 BMW 325 convertible....needs a new top...leather needs some reconditioning...5 speed...99000 miles...excelent running condition. The dealer is discounting his truck 5500 plus the Dodge rebate of 1500....he offered me 3000 for the beamer....I remember you saying 4000....Do you think because the truck is discounted so heavily...he will not go any further....I asked if he could go to 3500 he said no...I could put it in the autotrader....just dont think I would make that much more to be worth the hassle....meeting people....test drives....mechanics looking it over...
Thanks for your help in advance

rroyce10 · June 2002

..... You are very welcome.

Terry.

rroyce10 · June 2002

..... I remember this vehicle, it needed a little work.

Selling a real nice, clean, low mileage vehicle is pretty easy for most (if it's priced right). On the other side of that coin -- fixing one up, spending the time, effort and money just doesn't appeal to alot of folks and I understand that.

It's kinda hard to guess what this vehicle looks like, but if the dealer is at $3, then I got to be darn close. Kinda keep in mind, its a domestic Dealer and they probably don't want to spend the time or effort either ... So, if you guys are that close, I would cut it from the herd .. depending on the state, you get a tax benefit on the trade, so say bye bye to it ... and I would be out driving my new ride.

Terry.

rroyce10 · June 2002

.... Good Morning, how are you ..?

It's a 94, it sounds limited to the parking lot kisses and the french fry invasions ...

It's a XLE, slider and a V6, which is a "hard to find" and the miles aren't too bad for the year. It sounds like you have done something most people don't do .. take care of it. l..o..l....

On a trade, you should be in and around $4,5/$5. These are super nice vehicles you are lookin' at .. but, remember you are trading one in.

Good luck ...

Terry.

rroyce10 · June 2002

.... It's a LE, so if it's nice and CLEAN. You should be able to drop this puppy in the paper for $9,5 and you should see a quick $8,5/$9 on the retail side, the only thing that might hold it back, it's a handshaker.

Just make sure you have a great 4/5 liner Ad in the paper with a good description.

Terry.

lancerfixer · June 2002

Thank you. Thank you very much.

:-)

joelt2 · June 2002

I want to know how much I can sell my cruiser for.
1997 Black, Tan leather interior, power everything, moonroof, running boards, am/fm cassette/cd, new tires, rear jump seats, loaded up looks new. 76,000 miles. No wrecks dings or scratches. In Nashville, TN. Thanks for your help.

jbollt · June 2002

Bill or Terry, you helped when my daughter traded her 96 Protege on a 2002 Pro a few months ago, now we are thinking about trading our 2000 Camry...are the miles too high at 39,000? We will likely only put about 9,000 miles on in the next 12 months...better to wait a year or trade now?
Trade in and private party values, if you please...
2000 Toyota Camry LE
2.2L 4Cyl
auto
p/seat
ABS
alloys
p/w,locks,cruise,tilt,
39,000 miles
white/grey interior
non smoking
new tires and brakes at 32,000
very clean
car is in AZ
thanks,

Jeff

cathy01876 · June 2002

Thanks for the information on Vic and G Marquis. I love driving them but I was hesitant about rear wheel drive in winter, especially since I drive about 30 miles one way to work. Have you heard anything bad about the Chevrolet Impala (ride/repairs)? They looked like a good deal. What do you think I could get a 2002 Impala for? Can you offer any tips when trading in my car at the dealership so that I make out o.k. with deal? Or point me in the right direction. Thanks a million.

jimmyj1945 · June 2002

Traded my 2001 Toyota-PreRunner for a 2002 Honda Accord EX-L-6-cyl. I wanted 13.8K, you said low 13's. After two days of negotiating, we settled on 13.3 for the Toyota and $1225 below Invoice (22K) for the Honda. How did I do overall?

Thanks Again Terry, You guys are great!

JimmyJ

im_brentwood · June 2002

Hmm, this truck, she is mint, eh?

OK, People love these cruisers. My partner.. he buys every FJ60 he can get his hands on.. You know, the OLLLD ones. They last like 30 minutes.

If this newfangled one is super ncie, it is worth $19K all day long wholesale. So you should ask $22,000-22,900 and not take less than $21K-21,500.

Bill

im_brentwood · June 2002

Hmm,

The miles arent too low...Hmm..

$12K-12,400 or so is the range on this one I think. Good color for the Sahara, I mean Arizona. Here in the Rainforest, it be a good color too.

You could "get" $13,800-14K or so for it on a Private sale I think.

Wait a year? Car will be worth less, new car cost similar. Difference will be more, but then the 02 you bought today will be worth less..etc.. Do what ya wanna do

Bill

im_brentwood · June 2002

Impalas are nice cars.

What about an Avalon?

Bill

cathy01876 · June 2002

Thought about Avalon but don't know if they are out of my price range. Your thoughts.

rroyce10 · June 2002

...... How are Ya ?.. Thats good advice from Bill, Avalons are great vehicles .. stone cold ugly though, they are so ugly you have to sneak up on em', just to put gas in em' -- but great vehicles.

As far as price, a used 02 Avalon XL will cost about as much as a new and a loaded up new, around $31 .. probably take it home for around $28 .. a loaded up new 02 Impala LS will run around $27ish, buy it for around $24ish and there's a $2000 rebate right now, and that would get you to $22ish .. and if you go on the pre-owned side a used 02 LS should be got for around $20 or less -- then minus your trade on these figures.

But, like I say .. always "buy and drive what YOU like ..."

Good luck .. and let us know ..

Terry.

cathy01876 · June 2002

Thanks for the information. What is the best way to approach a purchase of a new car with a trade? How is it figured out? Do I take the new price of the vehicle (let's say 22K) minus trade (let's say 14K) or do they get you some other way. Any other suggestions on cars which are roomy, comfortable ride, and reasonable price ($20-22K)? Thanks.

jonbgood · June 2002

What is a fair trade in for a very clean 37k '99 Olds Aurora - loaded. White car with tan interior. One owner - non smokers car. Thanks.

ckiggins · June 2002

Hi Terry,
Maybe you can give me the "real-world" opinion of what these cars are currently going for at trade-in.
I have a 97 Pontiac Sunfire SE 4-door. It has low mileage (47,200). It's an automatic with a CD player, A/C, tilt steering, rear defroster. It's black.
The only problems with it are a slight rattle in the dash area. I also (unfortunately) just had a brand new rack & pinion put in.
Also, I have new tires (9 months old) and new front brake pads.

Edmunds is telling me the trade is worth around $4200. What is your opinion? Thanks!

djstattic · June 2002

I would like to get a quote on 3 types of cars.
1.'99 BMW 323I sedan w/ xeon, leather, powered seats, heated seats, metalic paint, computer, & moonroof.

2.'96 Audi Quattro 2.8 AWD w/ all of the options, besides auto transmition & bose sound system

3. '93 Nissan Altima XE w/ all of the options besides the automatic transmition.

Can you please tell me what price I should expect for these at a dealer's auction in the next year?

Thanks,

rroyce10 · June 2002

.... Need miles

Need color ..

Need condition ..

Need geographic area ..

Go to your Room ....!

Terry.

rroyce10 · June 2002

..... You are welcome.

Terry.

aja123 · June 2002

Can you give me trade in and private sale values for a 1997.5 Nissan Altima GXE. It has 135k of highway miles on it, inside and outside look good, still feels and drives great. Have records for all factory reccomended services. Options: Auto trans, am/fm tape, power windows-mirrors, ac, cruise control, (power antenna replaced with a stationary one), New Bridgstone tires. It's Black and located in NJ.

Thanks!

PS: And thanks for the help you recently gave me on our Quest.

rroyce10 · June 2002

..... How are you ..?

Ok, let's take a look here .. we have a 4dr. SE with 47k, auto, AC, a rattle (they were born that way .. l.o.l.) ..and black. Not knowing were you live, this could be good or bad.

It's low in miles and new sneakers .. if it's clean and looks like a 00, then you should be in and around that $4 figure, if not start deducting. -- (wow, thats 2 that Edmunds has hit right) ...

Good luck ...

Terry.

jonbgood · June 2002

The Aurora is located in Eastern Oklahoma. Thanks

rroyce10 · June 2002

...... All righty then, I'm gonna guess (since you said "loaded") .. it has the chromes, leather, slider.

The miles are right for the year .. it's a great color anywhere.. So, if it's knee deep in rubber, little or no parking lot kisses and the interior has missed the gang fights -- you should be lookin' at "in and around" a $12,5/$13 figure ...

I hope this helps ...

Terry.

rroyce10 · June 2002

.... Oooooooh, lot's of miles going on here ..

But, it seems like you have taken care of it .. lot's of help there.

Great color for the area .. super nice tires, all the right toys ..

On a trade, don't get too excited .. maybe around $2,5ish, if it's real nice ...

The way to go here is: Retail road.

Clean it up, make it look like a diamond inside and out .. "fat daddy ad", for $4,900 and let some nice Bishop buy it for $3,7/$4,2 ...

Good luck ...

Terry.

fgaydos · June 2002

A local newspaper touts the advantages of buying used cars coming off a three year lease.

Claims the depreciation is absorbed by the first owner/leasee?

While this may be true, what other advantages or disadvantages are there to buying off lease?

Also, because a glut of off lease cars, the value of used cars are being pressured down?

Any thoughts?

See article:

http://www.philly.com/mld/inquirer/classifieds/automotive/3459520.htm

fgaydos · June 2002

Hello all,
I own a Silver Ford Focus ZX3 Hatch 2000 model year.
It has 30,000 miles.
I still owe $3151.00 on the car.

It is a fun little car.

I am afraid that all the recent bad press about the reliability problems with this car will drastically decrease it's trade-in value.

It is still under warranty till November.

Question;
Should I wait till the bitter end of the warranty and hope no more bad news comes out about this car or
Trade-in now to maximixe value? Is it worth more under warranty?

I have been told to keep car for three more years to maximize the value from it.!?

Any ballpark figure on value?
Some tiny dings also paint scrapes on bumper.
Auto, Air, Remote, CD,

As far as buying a new car, in the same size, hatch/wagon catagory, would the Forrester hold it's value better than the P5, ZX5, Golf, or PT Cruiser??
Any thoughts to help me decide?

TIA

Real-World Trade-In Values

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