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Real-World Trade-In Values

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Comments

  • rroyce10rroyce10 Member Posts: 9,332
    .... It seems like you have put some new stuff in this bugger .. Dual air ..? --- well it's the right color. But the miles will kill ya and it's a GL, so you are getting like no help here at all .. on a trade, in and around the $2ish figure, maybe ... sorry.

    Terry :-(
  • rroyce10rroyce10 Member Posts: 9,332
    .... Yeeee oow..! 98k and it's a 00 ..?

    What, is this coming from the Swiss family Robinson ..? Man that's a ton .. and you are trading what ..? with how many miles ..?

    You need to start using those Sky miles from Delta .. what can I say, it's worth around $7 on the wholesale side, maybe $10ish on the retail side. Sounds like you have 2 nice vehicles now, miles are stiff on the Lexus, but it should run another 50k+, at least you know what you have ..

    What kind of figures do they want for the S40 .?

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... What no taxi's where they live ..? l.o.l...

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .... Ok, let's try another one here ..

    I need the options, color ....



    And ...



    The Miles ----- you can always borrow some from the Volvo and the Windstar.

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... The miles are low for the year .. even if it's a NICE one (No Quattro .. right.?) .. then $18/$19 is a little over priced. .l.o.l.., you will be sittin' on that puppy til the second coming ... they are doing around the high $12's, low $13's at the block.

    So, on a quick sale .. $16,900 in the paper and $15,5/$16,5 drives it off.

    Terry.
  • xkexk8xkexk8 Member Posts: 9
    I'm trading in my '97 Jag XK8 on a new Lexus SC430. It has 48000 miles and is in excellent condition. Edmunds says it's trade in would be $28,919 while Kelley says $27,155. I'm just looking for a fair deal - which would be closer to truth.

    ps I have the traction control, heated seats, lamp washers and cd changer.
  • rroyce10rroyce10 Member Posts: 9,332
    .... If it's a clean one - ya know the drill, lookin' 99ish, interior and exterior is all there and deep in rubber .. and no surprises, then on a trade around $4,0/$4,5 ..

    A fair deal on the retail side would be around
    $6,0 with it needing -0- ...

    How do I come up with these figures ..? It's based on barometric pressure and the alignment between Jupiter and Mars during the falling of leaves on Birch tree's

    And also, I send alot of vehicles up to the Milwaukee and Philly area, and do alot of the auctions up there come October through April .. the Birch tree thing is alot easier though.

    Terry :-))
  • rroyce10rroyce10 Member Posts: 9,332
    ... Soft top ...? Color ..?

    Terry.
  • acraftonacrafton Member Posts: 99
    Terry (repost from yesterday):

    Guys - 2001 ML320 with 25,000 miles, Desert Silver(metallic), tan leather, bose, cd changer, xenons, and DVD entertainment system (LCDs in the headrests of the driver/passenger seats). In very good shape (a ding or two that should come out). In Dallas, TX and he is asking $33,000. This price looks good to me - is it?

    Thanks
    Adam
  • cstowecstowe Member Posts: 101
    I have cooled off on my car search lately but the BMW guy (one of many makes in my search) call me today with two options that "would be a good deal." (His words)

    1998 328 silver, 6-cd, auto, leath, slider, prem packg, 56K mi for 18,900

    or

    1997 528, dark green (blah), leath, auto, prem packg, 47K mi (with a little left on the CPO warranty) for 21,900

    Thoughts?
  • zman3zman3 Member Posts: 857
    OK, time for me to play the whiny customer.

    Back in March you two had my 95 Explorer pegged at $6K wholesale. As I mentioned before, at that time I wasn't able to pull the trigger on a having a car payment. Now that I've come to grips with the idea, has my Explorer really lost $1500-$2000 in the last six months?

    This may put me back into denial. I know you are only the messenger, but tell me it's not so.

    The vehicle I am looking at is a 2003 GMC Yukon. Since it is also a domestic can I expect it to fall as fast as the Explorer or are the Explorers particularly bad because of the tire fiasco?

    Even though it is not what I wanted to hear, I do appreciate the sanity check.
  • soberssobers Member Posts: 496
    Here is one more for you Terry/Bill. I hope you guys are still around to help us out.

    1999 EX V6 Black, 37,000 miles, Good condition, New Tires, CERTIFIED

    What do you think ? Thanks in Advance!!
  • rroyce10rroyce10 Member Posts: 9,332
    .... Did we miss you ..? Perhaps not ... an EX V6 what ...?

    Terry :-)
  • rroyce10rroyce10 Member Posts: 9,332
    ..... I hate when the customers get whiny .. what did you think ..? It was going up in value .. ummmff.

    Ok, it's worth $15 grand, does that make you feel better ..? .. l.o.l...

    Here's the deal Lucille .. I just bought 3- 97 Exploder 4dr XLT's in Detroit , with around 40/45k, 2WD's, sliders, power seats both sides, mach stereo with the 12 pack cd in the console, tires fresh, had maybe 9/10K on em', keyless and 2 dings about the size of a dime on 2 of em' .. other than that they needed -0- .. paid on the average of $7,4 .. Sooo, what can yours be worth .?

    Actually, yours sounds a really nice retail piece .. so grab the $6ish from your buddy at work .. and grab that Yukon, they are stronger than the 101st Airborne in a fire fight.!

    I hate being the bad guy ....

    Terry :-(
  • rroyce10rroyce10 Member Posts: 9,332
    .... Now, don't you start whining .. l.o.l...

    Ok there slick, it's the Right color and the miles are fine .. plus you have the Disney package ..

    Dealer probably paid
    "around" $28ish for it. So by the time they do a little service, certify it, make it look nice, a little this a little that .. they have close to $30 in it .. so the price seems fair, but start him at $31,5 and see what happens.

    Terry.
  • zman3zman3 Member Posts: 857
    I know you're kind of jerking my chain, but no I didn't expect it to go up. I just didn't expect it to continue to fall that fast. In March Bill's "estimate" with his crystal ball was that it would still be a $5K+ vehicle at this point. He did qualify it by saying that his crystal ball can be a bit fuzzy however. Oh well.

    I do feel a little bit better because of your Yukon comment. I really like the vehicle. And as you guys have said "buy what you like". I just didn't want to take a royal beating on it later on.

    Thanks bud. I appreciate the advice.
  • setsail26setsail26 Member Posts: 2
    I have a red 5 speed 2001 prelude with spoiler, 17,000 miles. What kind of trade-in value does it have?
  • xkexk8xkexk8 Member Posts: 9
    Hi Terry -

    It's a black convertible.

    Carl
  • anonymouspostsanonymousposts Member Posts: 3,802
    setsai: You better specify the condition of that Prelude and whether or not it's a base or a SH before you get sent to your room.

    The Volvo has a TON of miles on it, only thing I can think of is the previous owner was a state-to-state salesman or something. I can get it for $9200. Is it true that these things are a nightmare to sell and to keep running?

    If so I agree that I am better off keeping the Lexus and the Civic. At least I know that those are 2 pretty reliable cars that would be pretty easy to sell if the need arose.
  • rroyce10rroyce10 Member Posts: 9,332
    ... Hey thanks for the help .. !

    Actually the Volvo's will run til' doomsday, there is a ton of em' out there with 180/200/220k+. It's just that the S40 is not Volvo's best design and the "style" has run a little Cold, they tried to compete with the Passats and such, that ain't happening. That's a "look" issue ...

    But, if it checks out with Volvo (run the Vin# through a Volvo dealer) and Carfax is ok, then the price is not too bad at all ... and Volvo's as a whole, are pretty easy to sell and maintanence is limited.

    Let's see what happens ...

    Terry.
  • tblazer503tblazer503 Member Posts: 620
    Hey Terry, got a question, it seems that GM fullsize(hopefully midsize with the triplets) holds resell better than the Fords. IE expedition vs. Denali/Tahoe... is that true?
    Zman3, I hear a rumor that the Tahoe/Yukon is getting a "rework" for 04... may be worth looking into... haven't seen any spy pics yet...
  • zman3zman3 Member Posts: 857
    Thanks for the info. I had heard the same thing. The one rumor that I heard and don't like is that it may get an Avalanche like front end like the 2003 pickups. NO THANKS. There actually isn't much I would change with the 2003's. They seem really nice based on one drive.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... It's back to looks again .. l.o.l...

    As it stands now, the Denali's and Yukons are Very Hot and still get big $$ .. leave it up to GM, to mess up a great thing.

    On the other side of that coin, it's the Expeditions and especially the Excursions, that are runnin' out of steam, no more Excursions in 04, can't compete with the GM product -- but, in all fairness, what was Ford thinkin' ...? Wait 40 years to enter that Suburban market, Oooooh scary.

    Zman .. kinda keep in mind, if Bill was inside of $500 of your Exploder since March, then I congratulate him. The time when most vehicles go through the biggest transition is that April/December gig, they can can go anywhere. Converts going and coming .. 4x4's coming and going .. and the rest trying to keep up, or down..l.o.l.

    Terry.
  • chrisbgoodchrisbgood Member Posts: 77
    ..but I've got to ask...

    What would be trade in on a 2002 Kia Sedona EX

    Two tone (dark green/tan)
    Leather
    Sun roof
    ABS
    Auto lights
    (all options except spoiler)
    5,500 miles
    Xlnt condition of course (show-room still -- no scratches, etc.)

    Gotta know...
  • rroyce10rroyce10 Member Posts: 9,332
    .... Well it's your lucky day .. or perhaps not, depending on what you paid for it.

    I just watched a few of em' run last week with 5/10k all loaded up like yours .. so, on a trade, super clean, the ultra high $14's, low $15's on a trade ...

    Terry.
  • zman3zman3 Member Posts: 857
    Hey don't get me wrong. I'm not complaining, I'm just trying to educate myself as to the factors involved. A day doesn't seem to go by that you guys don't teach me at least one thing.

    As for GM, I think the Yukon is one of the sharpest SUV's out there. Better than Ford or Toyota. And they are finally getting their interiors in order, IMHO. If they go and screw it up in '04 and make it look like the Avalanche they ought to get a kick in the behind. The Avalanche is close to an overgrown Aztek in the looks dept.

    Take care.
  • setsail26setsail26 Member Posts: 2
    Base model, excellent condition. Did you expect me to have beaten the crap out of it already?
  • rroyce10rroyce10 Member Posts: 9,332
    .... Got some miles going on here .. Jag folks, just don't like those miles.

    I see you are from PA and it's black, a big winner in that Yankee country, so there's some help.

    Jag buyers are picky, picky, picky especially the converts .. no kisses, you should be able to caress the sides, the seats better look like they have been hovered in, service is 110% and IF, the vehicle "glows" in the dark, then on a trade .. in and around $25, the miles will be the bandit here and if it's a little on the hinky side, start deducting.

    Don't shoot the messenger, I know that alot of the books show this and that, but reality is a nasty thing sometimes.

    By the way, You will flat Love that new SC .. I put about 2k on a white pearl this year, not bad for a [non-permissible content removed] car. .l.o.l..

    I hope this helps ...

    Terry.
  • jeant1jeant1 Member Posts: 2
    I have a 2000 Mercury Sable LS with 16,856 miles,loaded and in mint condition. I was offered $10,000 on trade in for it. Is this a realistic trade in value?
  • jeant1jeant1 Member Posts: 2
    I have a 94 Mercury Grand Marquis with 79,000 miles. It's an LS and loaded. Its in good condition. What would be a reasonable trade in value for this car?
  • rroyce10rroyce10 Member Posts: 9,332
    ..... What's up with the 328 ...?

    i ..? iS ...? iC...?

    Your killin' me ..........

    The five has low miles for the year .. sounds like it could be a good deal, I bet $20 and change will take it home..

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .... This will all depend on how well it's been taken care of, cuz' the miles are ok .. does it have alot of dings, dent's and scratches, is the dash all cringled, are the seats lookin' scarey, does the air blow cold, are the tires new .. does it show and drive like a 99 ..?

    Believe it or not, these old boats still sell well .. IF, it's a nice one, clean all the way around .. then start thinkin' around $3,5 .. if it's ruff here and there and needs new sneakers, start thinkin' $2ish ..

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    .... Miles are ok, no parking lot kisses, no "how ya doings" on the interior .. it's a handshaker and depending on where you live .. the Color.

    I would think $17ish ...

    Terry :-)
  • tblazer503tblazer503 Member Posts: 620
    is that the warranty is non-transferrable... =o( Same with Hyundai too... although I believe that one of them will let you transfer the warranty to a relative...
  • xkexk8xkexk8 Member Posts: 9
    I'm heading over to do the deed now. I'll let you know how I make out. Thanks for the info - it does help. At least I'll know I'm getting a fair value.
  • rroyce10rroyce10 Member Posts: 9,332
    .... Sorry, didn't see the Sable ..

    What's the options, does it have a prem pack .?

    Slider ..? 6pac cd..? leather ..? color ...?

    Need some help here ...............!

    Work with me .... Or go to your room ...!

    Terry :-)
  • rroyce10rroyce10 Member Posts: 9,332
    .... I wish you well ..

    And please, let us know ..!

    Terry.
  • golicgolic Member Posts: 714
    What can I expect for trade-in on EX with 29K miles clean condition, no optional equipment in Chicago area?

    Will I do better/worse at carmax?

    please help!
  • soberssobers Member Posts: 496
    1999 EX ACCORD V6 Black, 37,000 miles, Good condition, New Tires, CERTIFIED

    What do you think ? Thanks in Advance!!
  • 96_i30_5sp96_i30_5sp Member Posts: 127
    Part of the problem people get disappointed with their car values is that they tend to overestimate the vehicle's condition. I read all the time descriptions of "excellent, mint, pristine, great, etc" when in fact the vehicle may have cosmetic and/or mechanical issues. Just today I called a couple of car ads that were listing "excellent condition", wasted my time trying to get details and then finally realized that they had reconditioned titles. There's no such thing as an excellent reconditioned car, is there? :-) Moreover, people don't know how to make a distinction between "clean", "average" and "good" condition (terms used by KBB, NADA, etc). A third complication comes from the fact that dealers seem to have a different code for a car's condition and tend to use a lower grade, for example "rough" instead of "average". I have never been able to get an "excellent" trade-in value, the most I could hope for is "clean" at CarMax. Hmm, I guess I may be overestimating my car value too. :-) Could you give us your point of view on how to accurately estimate a vehicle's condition? Your help is appreciated, as always! :-)
  • acraftonacrafton Member Posts: 99
    You gave me some #s on ML320s (2000 with high miles, 2001 with ok and dvd, . .). The DVD/ML320 would not budge off of $33 - fine.

    Got a call from a dealer today (non-MB) about a 2002 ML 320 (silver/grey leather), third row seat, heated seats, bose/cd changer, tow, sunroof) with 12,000 miles. Price - $33,500. It is flawless and I am going to jump on it tonight.

    Thanks
    Adam
  • rroyce10rroyce10 Member Posts: 9,332
    ..... WoW, Just make sure you run a Carfax and the Vin# at a Benz Dealer ..

    $33,5 is Extremely low, to say the least. The vehicle can easily do $31/$32 at any big auction in the country.

    If this beauty checks out ... GRAB IT.!

    Good luck and Let us know .. !

    Terry.
  • brhallbrhall Member Posts: 1
    I have a 98 Chevy Blazer LS 4door 4x4 that I am looking to trade. It has PS, PB, ABS, PW, PL, PM, AM, FM, CD, 4.3L Vortec V6, Auto Transmission, 4 wheel drive, brand new tires, Dark Blue exterior with Charcoal cloth interior. The SUV has 47,000 miles on it and is in excellent shape inside. There are no mechanical problems with the vehicle either.

    Please let me know what I should expect when I trade it to a dealership. I am looking to buy a 2003 Pontiac Grand Am GT1. Also, if you have any thoughts on the 03' Grand Am GT1 I would love to hear them.

    Thanks!
  • rroyce10rroyce10 Member Posts: 9,332
    .... It "sounds" like its in good shape, new sneakers .. the miles are low for the year, it's a 4dr and a 4WD, good combo.

    Based on what your telling us, if it's nice and clean all over, then it should see the high $8's, low $9's on a trade, depending on where you live.

    I'm not much of a Grand Am fan .. lets just hope they get this one right.

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
  • rroyce10rroyce10 Member Posts: 9,332
    .... I really don't think you will have to visit Carmax .. the Odys are still Very hot and still get stupid money.

    Yours is 00 and the miles are ok, plus it's a EX. So if it's clean, no meteorite hits, no gang warfare, no unpleasant kisses from the visits at the mall .. then on a trade, you should be in and "around" that $21 figure on a trade.

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Welcome back .. what's new.?

    Ok, we got a 99 V6 EX Accord, with new rubber and 37k. It's black, so it must be a Yankee vehicle.

    They probably have around $15,5 in it with the certify and service .. I would think $16,5/$16,9 will take it off their hands.

    Terry.
  • mnrep2mnrep2 Member Posts: 200
    Hi Guys: Trying to get a handle on what a 1998 Grand Caravan AWD ES with 69,000 miles is worth on trade. Car does not have leather, but pretty much everything else that the ES level offers.

    Color is dark purple, body condition would be fair to rough. (Paint chipped heavily on front facia and hood, couple scratches on back bumper. Interior is average. Could be detailed out pretty easily except for the paint chipped front facia and hood
  • rroyce10rroyce10 Member Posts: 9,332
    ....... Excellent Post ..! great question ....!

    That is probably the biggest factor going on ...

    Most folks Just LOVE their 99 Acura TL with 66k and the paint was scraped 2 years ago on the lower door panel, they forget about how Aunt Jenny's dog, punctured the rear seat ... they have forgotten about that small dent on the trunk, when the golf partner bounced his T1V's ball to show off the "compression" .. they get blind to the 10 dings down the passenger side, because they park in a employee parking area and the lady next to it, hits it everytime cuz' she needs to lose 75lbs .. l.o.l...

    Most folks just go blind to all these little "love taps" after they have had a vehicle for awhile .. it's kinda like that old couch to them, it's super comfortable and it's still, "like new" -- to you and I, it needs to go to the Salvation Army (ever watch Frazier?.l.o.l.) ..

    I have posted about 1,873 times .. get it detailed before you try to trade it ..

    When this dirty, smelly scratched up vehicle shows up .. dealers aren't stupid, they know that has been the history of that vehicle .. ashtrays full, tires worn, coke cups stuck to the rear seats, you open the trunk and it's filled with the same junk, that was in it 3 years ago, when they traded the Accord, the only difference is now, it's had a chance to roll around a little more, and breed .. and let's not forget that little bitty star on the windshield, that has been there since the last trip to Disney World in 00 ..l.o.l...

    Dealers are lookin' for a vehicle that can "stand tall" .. all the service records, deep in rubber, the scratches were touched up by a Pro when it happened, no oil stains in the trunk, those nice little red stains in the carpet have been removed, the day it happened .. a vehicle that "shows" pride of ownership, waxed and cleaned not once every 18 months, but perhaps every 3 months.

    Kinda remember, the dealer is trying to sell you his vehicle .. you should also be trying to sell yours to him .. but wrecks don't sell well. Just cuz' it says Benz, BMW, Audi don't mean squat, unless it has been cared for.

    Cared for, doesn't mean runnin' it through the local Scratch O' matic car wash down the street.

    If you want to sell yours .. make it look 100% , I just love those statements from customers -- "it just needs a bath" .. ok, where.? Niagara falls.. .l.o.l..

    Terry.
  • acraftonacrafton Member Posts: 99
    The particulars - 2002 ML 320 Silver/grey leather, sunroof, heated seats, third row and 12K miles. $33,500.

    Very low stress Lincoln dealership ("here are the keys, take it home to show the wife . . ").

    Here is their story (which seems to make sense) . .took the car on a trade for a Navigator (apparently they are in the top 3 monthly for Navigator sales in the US). Left it on the lot for a week or two and their used and/or walk the lot clients weren't interested - they either wanted a used Navigator or a cheaper car.

    So they placed an add in the Dallas News and the morning it appeared had six msgs before they opened. . .the F&I guy said they priced it low to move it - "for the money this is costing us we could have three cars out there would sell in a week so we want to move it".

    The Carfax and VIN number checked out fine as did the body for work . . .

    Closed last night - smooth transaction,didn't try to uplift anything and found financing cheaper than my credit union - 4.89%.

    They were so laid back they forgot to ask me for my down payment - lol. They called this am and asked about the $5000 check! I said I would drop it by today - they said no worry, enjoy the weekend and bring it by on Monday!

    Altogether a pleasant experience.

    Terry - thanks for the multiple quotes and helping me.

    Adam
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