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Real-World Trade-In Values

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Comments

  • rroyce10rroyce10 Member Posts: 9,332
    ....... You did good --- REAL GOOD ...!

    Congrats, it's not everday someone gets a Super deal like that ... so enjoy it.

    Terry :-)
  • shawnacshawnac Member Posts: 1
    Hi, i'm in a bit of a jam, i have a 99 dakota sport with 46000 miles and i still owe $11000. And i know i'm not going to get that on a trade in but we need a family vehicle and we can't just whip out money for a down payment either. So should i look for dealers who have large cash back rebates? Would that work? So i won't go that much in the hole, because we can't afford a large payment on a new car.
    I bought it not knowing what i was getting myself into, now i know!
    Kelley's blue book says dealers will only give me around $6,500.
    And Edmunds says i should get at least $8,796.
    ANY SUGGESTIONS???
    Thanks alot, in advance!
    Shawna
    sdaniel34c@yahoo.com
  • steine13steine13 Member Posts: 2,825
    If you want an accurate value, you'll need to tell the pros a little more about your truck... maybe Dakota "Sport" is unique, I dunno...
    Which engine? transmission? What color? Where do you live? 2WD or 4WD? Also, is it clean? Are there any dings or dents? Has the truck ever been repainted? Had bodywork? Has it been smoked in? What shape is the interior in?
    Typically, you'll be $1k+ ahead in the game if you sell it yourself, but that takes a little work. Good luck,
    -Mathias
  • cstowecstowe Member Posts: 101
    Sorry terry, 328i 4-door, hard slider (no glass).
  • xkexk8xkexk8 Member Posts: 9
    Update on the XK8. Seems the dealer wants to use Kelley and offer me 24 at good condition. Got home and I get 25.5 from Kelley in good condition? He tried to tell me a car as old as mine can't be in excellent condition. But when I asked what I needed to do to get it into excellent, he didn't mention much. He was suppose to talk with the sales manager Saturday (he was out Friday), but I haven't heard back from them yet.
  • rroyce10rroyce10 Member Posts: 9,332
    ...... Babe, your close .. real close.

    I can't see it, feel it or touch it, so it's hard for me to put a "hard" number on it. But it is 7 years old.

    But what they are saying is true .. no dealer can put "excellent" money into ANY vehicle, unless it's a 02 SC430 with 3k, if you get my drift here.

    I understand your frustration, but some of it may come from the Kelly book .. there is a old saying in this business - "live by the book, and you will die by the book" ..

    I feel you guys are close enough to "play" another day. So If you can get somewhere "around" that $25ish figure .. that meaning around that $24,4/$25ish number then it's time to cut it from the herd. Kinda remember, the dealer is "thinkin' .. it's almost October, the weather will be changing in 2/3/4 wks and the Convert business is over - and I don't want to get hung in this puppy til' April or so - and if I transport it to a FL auction, I'm going to take a hit cuz' of the color.

    I don't mean to play the devils advocate here, but I do understand their thinking .. And I'm not saying to fold your tent up and go home, but lets see what the next move is from the dealer, cuz' you guys are Sooooo close. You bend a little, they bend a little, and Bang it's a deal.

    Now you got my interest, so keep us posted.

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Well, there's not a whole lot going for this one .. wrong color, lotsa miles, needs paint work, I'm sure a this and a that ...

    Your saving grace here is the AWD .. if everything works well .. based on your description, somewhere in the mid to high $7's on a trade.

    good luck ....

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    1998 328 silver, 6-cd, auto, leath, slider, prem packg, 56K mi for 18,900

    Price seems fair, has at least $17 in it after the "this and that" ..

    Terry.
  • ah_loverah_lover Member Posts: 2
    It has 156000 miles. Being used as an commuter, I put about 25k miles a year...

    I am considering buying 02 or 03 Accord 4Cyl Sedan with manual tranny, which I believe will be more fun than Auto...^^;

    Can anyone advise me how much I can get for my 94L legend in buying 02or03 Accord? I am looking for the "Real World Trade-ins", yes!, if I can get the TMV trade-in value, that will be great!, But I think I need to be prepared emotionally...^^;

    Car runs smooth and great!. Water pump, T-belt, all the hoses and belts are replaced about 5000 miles ago, Brake Master Cylinder and Radiator were replaced about 20k miles ago... Fuild changed regularly. Most of all, Head Gasker was replaced about 30k miles ago. No problem at all! Maintenance is alway done with Genuine Honda Parts...

    A few problems :

    1. the paint near Rear wheel well is getting rusted.. a small spot as most of honda's do..... hmmmmm...

    2. I think it needs alignment....

    Thank you
  • sneezy2sneezy2 Member Posts: 20
    Hello! What would be a real-world trade-in value (in Texas) and/or private party sale price for my 1994 Nissan Maxima GXE 4 dr sedan? Looking to trade/sell very soon!

    Automatic trans, 6 cyl
    Color:Burgundy
    Miles: 107,400

    driver's airbag
    Automatic restraint in front seatbelts
    Great A/C
    Cruise control
    Alloy wheels
    Power windows/locks/steering
    Keypad entry, digital clock, center console,
    AM&FM Radio/cassette player w/ presets- however, the light no longer works. One back speaker is a little crackly-sounding.

    No dents or scratches
    Slight stain on drivers' floor side.
    4 tinted side windows- window tint mild to moderately wrinkly/bubbly
    Gray Cloth Seats/interior in great condition.
    Non-smoker. No accidents.

    Tires: 1 pair has only been on the car for <4K miles, the other pair closer to 40K.

    Had entire car repainted 11 months ago in same color (just for that newer, shinier look)
    Basic theft-deterrent system
    Rear window defroster, heated power mirrors
    I have all maintenance records since 1995 when I bought the "program" car from a local dealer.

    Thanks in advance!!
  • f16ftef16fte Member Posts: 5
    Wanting to find out "Real World" trade-in value for a white, '98 Olds Aurora with standard equipment (V8, leather, full power, etc.). Mileage is 83K, and vehicle in in clean condition (non-smoking, glossy paint, newer tires, one minor door ding, well maintained). Looking to trade for a '02 or '03 Honda Odyssey, and the dealer offered me $4,000. Was this a joke, or what?
  • nicole_anicole_a Member Posts: 1
    It was suggested I bring this over to this board. I am looking at a Beige 1994 Toyota Camry LE, 72k miles, auto but no extras. It's clean and in decent but not perfect shape. The seats have a few stains on them, the inside door buttons are a bit worn. The back door was replaced after an accident and there is a small dent in the middle of the trunk.

    I offered 4500 but the people who own it won't come below 5000. They have no service/maintanence records whatsoever (of course they swear they maintained the car well) and haven't replaced the timing belt because "Timing belts don't ever break. That's just marketing".

    Opinions?
  • f16ftef16fte Member Posts: 5
    Wanting to find out "Real World" trade-in value for a black '97 Chevy Pickup with the following specs:

    Model: C1500 Extended Cab
    Mileage: 68,700
    Color: Black/Silver Two-Tone
    Silverado Package
    4.3L V6
    5-spd manual trans.
    Bucket Seats
    Center Console
    Bed Liner w/ soft tonneau top
    Sliding Rear Window
    New Tires
  • mpynempyne Member Posts: 120
    quick question?

    off topic if you dont mind

    do you have a nation wide network of auto detailers you work with when you buy cars?

    If you do who would you recommend in michigan?

    also hopefully we have the same idea of what an good detail job is!!!!

    (i.e got get those dealer installed swirls out of the paint, has to know what a rotary buffer is used for, etc......)
  • ghuletghulet Member Posts: 2,564
    ...a friend of mine, not necessarily wanting to trade or sell just yet, has:

    01 Olds Aurora 3.5
    kinda green/blue, but more blue color (Marine?)
    natural leather interior in great condition
    power roof
    dual power heated seats
    dual climate control
    no chrome wheels
    CD/cassette
    I don't think OnStar
    drum roll....almost 127500 miles (not a typo, I'm not lying, I was in the car yesterday and gawked at the odo, he's a national salesman, naturally)

    I guess I'm asking: is it better to keep this car to its death? When is it best to trade in a super-miley car?
  • ghuletghulet Member Posts: 2,564
    ...body is fine, interior great except carpets are dirty (total FF invasion), in Chicago area except for occasional Aurora Borealis and back travel.
  • ghuletghulet Member Posts: 2,564
    I guess my friends can't drive 'normal' cars:

    00 Suzuki Vitara (not 'Grand')
    black, gray cloth
    4x4, 5-speed (ouch)
    4 doors
    ~20k miles
    power windows/locks/stereo I can't remember if CD or cassette
    in good condition overall, in Chicago
    he hates it, wants out
    (fortunately, he paid ~$12k for it new, not the ~$17k sticker)
  • peetertpeetert Member Posts: 124
    Just traded in my '98 Explorer XLT for an '02 leftover Windstar Saturday. When I asked back in July you guys pegged the Explorer at 8,5-9 then and around 8-8,5 in the fall (high mileage and it was hit in the rear door). Well, procrastination pays off. We finally got the deductable check from the insurance and scheduled repairs.

    We went to the dealer where we got our truck from to test the Windstars and asked about trade on the truck. We told our saleman (same one who sold us the truck)the truck would be fixed, but to give us prices on both a current and fixed basis. He came back with 8k and 9,5 fixed.

    Since we had financed the Explorer thruugh Ford Credit and we buying a new Windstar, the dealership told us they'd take the truck our insurance check (less deductable) as well.

    So, on paper we ended up getting 9,3 as a trade (8200, got them to up it 200, + 1100 check), but in reality, 10,3 once we add in our 1000 deductable.

    We paid $199 over invoice for the Windstar, which puts it a $53 over TMV, with the trade and 0% financing, we feel we got a good deal. Best part, it was a quick, easy and no pressure sale.

    Peeter
  • bretfrazbretfraz Member Posts: 2,021
    Wow, sounds to me like you scored a hat trick there; got out of the old Exploder, didnt have to pay to fix it, and got a nice deal on the Windy. Well done!
  • shawnr42shawnr42 Member Posts: 3
    4 Cylinder 2.3 Liter Engine w/80,000 highway miles (used only for commuting)
    Smoked Silver Metallic Paint
    Automatic 5-Speed Transmission
    Power Steering, Brakes, Windows, Door Locks, Seats, Mirrors, & Moon Roof
    Leather Interior with Heated Front Seats
    ABS & Traction Control
    AM/FM Cassette w/ 6 CD Changer
    Air Conditioning w/ Climate Control
    Front & Side Impact Air Bags
    Integrated Cellular Phone w/ In-Dash Hands Free Speakerphone
    Keyless Entry w/ Factory Alarm & Anti-Theft System
    Aluminum Alloy Wheels, Cruise Control, Heated Auto Dimming Mirrors, Fog Lamps, Intermittent Wipers, & Rear Window Defroster
    Always Maintained by Certified Mercedes Benz Dealership

    Very (very) good condition, accident free, will need rubber shortly. Bad time to be selling a luxury sedan, as I can't seem to give it away, so I might have to face the harsh reality of trading in.

    Thanks in advance ...
  • xkexk8xkexk8 Member Posts: 9
    Update on my '97 XK8. The dealer held the line at 24. I did get $250 off the Lexus. Waiting for the car to arrive now. Thanks!
  • rroyce10rroyce10 Member Posts: 9,332
    ...... Oooooh baby .. you, WILL love that SC, not a bad ride at all.

    I'm glad things worked out ...

    Terry :-)
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Based on your description, it sounds clean and it is the right color, with all the right toys .. but, throw some sneakers on that bad boy.

    I don't have to tell ya, the miles will hold you back, waaay back.

    On a trade, a Benz dealer will be in and around the $10/$11ish range ... I have a feeling - since you are trying to sell it, and you aren't getting any action on it that you may be asking too much.

    If you are going by KBB or the others, it probably shows around $19ish on the retail side, that dog just won't hunt ..

    If you want to "turn and burn" that puppy dog, then you need to be advertised at $15,9 and let some nice Air Force recruiter take it off your hands for $14,0/$15,5 ...

    Hey, good luck ...

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... It's been awhile and it sounds like you came out of that accident smelling like a Rose ..

    Don't Ya just love it, when a plan comes together ..?

    Terry.
  • fladriverfladriver Member Posts: 64
    Actually it's not a trade...I'm considering buying it and would appreciate a fair appraisal of the retail value of this car.

    It has 23,200 miles, beige/gold color, automatic, sunroof, leather, power seats, alloy wheels, Bose radio with single CD+cassette, and FWIW it's certified preowned. I didn't see any major dings. Car is in South Florida. Dealer is asking $17900.

    Many thanks....
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Hmmm, seems a little on the high side to me.

    But, the miles are extremely low, that's a good thing, plus it has all the options and it's the right color for Florida.. this would be a hard vehicle to shop, I would think $16,5/$16,9 or so should make the deal ..

    Try it and see what happens ...

    Terry.
  • sneezy2sneezy2 Member Posts: 20
    Real world Trade-in value of 94 Nissan Maxima GXE - please read post #9015 for details.
    Thanks.
  • fladriverfladriver Member Posts: 64
    I thought it was high, though I was thinking no more than $15k. Used car shopping is very subjective.
  • shawnr42shawnr42 Member Posts: 3
    Terry---
    ... if you don't mind. :^)

    I realize new rubber can make/break a private sale, but will it make a difference should I take the hit and trade-in (I'm thisclose to throwing in the towel)?

    I've been in "turn and burn" mode since August (been advertising it for $15K, originally asking $17K mid-summer) thus the glum outlook.

    Again, many thanks ...
  • dtwleungnycdtwleungnyc Member Posts: 188
    Think about this, go to your local pep boys and pick up 4 cheap tires for under $200. Drive it to the dealer and the dealer will see brand new tires and won't deduct you for it. If the dealer sees worn old tiers on your car, he can deduct anywhere from $200 to $500+ for the tires. When you are in a situaion where you are trying to get every dollar, why give the other guy a chance to deduct it from you? If you get the new tires, you gain a little bit more control on the trade in price.
  • kiltedfoolkiltedfool Member Posts: 18
    Ok, background. I have a long commute (60 mi each way, 50+ of which is highway) on a job I just got a few months ago. New job and damaged credit I've been rebuilding for 3 years now makes financing anything tough.

    Current car:
    Red 93 Corsica with 47k miles on it, owned for just over a year, swapped tires and a couple of minor electrical repairs (turn signal switch, power window switch), and the A/C just sprung a leak. Cosmetically would class as clean/good.

    Possible new(er) car (flyer at wife's work):
    1997 Mazda Protege ES 4 DR
    Excellent condition
    Metallic Brown with Tan cloth interior
    Automatic tranny
    Power Win/Locks/Steer/Braks
    Cruise
    AM/FM/Cassette
    Lo Jack
    New Front Brakes
    New Rear Tires
    From picture, no moonroof

    Located in Central/North Jersey, looking at $6,400 obo, which is close to kbb and Edmunds numbers.

    Considering I'll be running in the neighborhood of 30k miles a year in highway commutes, no children yet (soon though), is this a good deal on this other car? Will this car keep me on the road relatively hassle free, assuming it's been maintained?

    I'm expecting I'll only get about $2k in trade for my car, or maybe get $2.5k if I can find a private buyer, am I being rational?

    I strongly dislike my current car and would like a move on efficiency, reliability and miles eating ability, but tight budget makes that questionable.

    Thoughts? (will likely cross-post to Help Me Choose)

    KF
  • rroyce10rroyce10 Member Posts: 9,332
    .... The Protege' sounds nice, what's the mileage ........?

    Terry.
  • dtwleungnycdtwleungnyc Member Posts: 188
    The protege is a very nice, dependable and reliable car. I would rank it right up there with both the corolla and civic. I think Terry would give you an idea on how much that Protege should be price at.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Sounds like you have been doing this smart, you have been traveling down the right price program .. hmmm, and still no bites ..?

    Based on your description it sounds nice and clean, it's the right color and all the stuff .. no lumps, no bumps, no Mcdonald invasions -- just a bunch of miles.

    Are you advertising this "big time" in the paper or in something else ..?

    Also Dtwleungnyc is right on this tire thing .. Pep Boys, Sears, etc. Folks hate to spend even $5,000 when they know they have to grab new rubber .. they always think $6/$800 just for starters.

    Terry.
  • kiltedfoolkiltedfool Member Posts: 18
    Protege has 59k on it, it's on the ad, I managed to space the actual typing it in part of our program.
  • rroyce10rroyce10 Member Posts: 9,332
    ...... The Protege's are another best kept secret .. will run 150K++. (properly maintained)

    You are lookin' at an ES, so you have the 1.8 .. great gas mileage and just a tuff little dude, in the land of the sub compacts (don't tell a Yota salesman, they hate the competition) ..l.o.l..

    The miles are low for the year .. so if all is A1, then $6,4 is fair, but $5,5/$5,9 sounds better.

    What motor is in the Chevy, 4 or 6 ..?

    Terry.
  • kiltedfoolkiltedfool Member Posts: 18
    and it runs pretty strong, sits at 75-80 for nearly an hour solid each morning.

    Electricals on this thing seem a little shoddy, with having replaced some switches already, and both oil pressure and temp sending units acting flaky, biggest reason I want out of it. Chevy known for this kind of problem?

    This Protege, if I can look at it, like it and make an offer that makes it a great deal for me, I might. Otherwise I'll just limp through til spring and flip the Corsica when it comes time for AC.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Without putting an eyeball on this puppy .. if there is no rust, paint is 80%, tires are 70%, no major meteorite damage and all the power stuff works, on a trade maybe $1,5/$2,0 .. I don't know where you hail from , so I would say, cuz' it's got some age has a lot to do with it.

    Then if it's a nice one, you could get $2,9+ on the retail end - the miles and it being a V6 is the saviour here.

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Believe it not, the Legends are becoming a legend .. they run forever, still look great and folks still love em' ..

    If it's clean, deep in rubber, no invasions, no drive by's and it looks like a 99 in body and soul (l.o.l.) .. on a trade, in and around $4ish .. if it needs a this and a that and you haven't seen your back seat since 98, then start deducting.

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... You can try $15 and see what happens .. But, if it's a nice one, no miles, it's certified and all toyed out, I gotta think he has at least $14 in it

    You don't ask, you don't get ...

    good luck and let us know ...

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Hi Sneezy .. I didn't forget you, I just been a little Bz .. so let's see what we got here.

    Uuuuuh, a re-paint huh .? that puts a whole different avenue to travel on .. the miles are fine for the year and Import buyers aren't afraid of 100k on a good vehicle that's been well maintained.

    Is the job done by a pro ..? does it look like a new vehicle, runs, drips .? anytime the paint goes on, the value goes out.

    I would have to see this one ... I'm gonna guess somewhere around $1,5 and maybe some change on a trade. Down Retail RD. .. $3,900 in the paper and see what happens.

    Terry :-)
  • rroyce10rroyce10 Member Posts: 9,332
    ...... The miles are tall, tall, tall .. but based on what you are telling us, it's in on good condition -- no BOSE, no slider, no chromes, no bun warmers .. right. ? 98 right .?

    Even though there is no real toys here and the miles are stiff .. $4,0 ..? Aaaaah, I don't think so .. unless it's been used as target practice by the Taliban, and your mother-in-law uses the back seat to cook her favorite dishes in. If it's on the rough side, it's gotta be worth at least $6,0 ...

    Am I missing something here ..?

    Ok, on the truck .. you have a ECab with a 6, a handshaker and some miles.

    The 6 and the handshaker will kill ya here .. probably around the $7's on a trade ..

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... You know might be able to answer this better, would be Mathias .. (Steine13).. he can give you all the particle idea's, or particular, whichever you prefer .. hehe.

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ....... Oooooooh, just a few miles here .. Wow.

    The vehicle is probably worth around $7/$8ish .. if it's running like a top, needs -0- and still looks like it has 25k, I would just keep it .. what can you buy today for that kind of money.

    For Xmas you need to get him some bus passes ....

    Terry.
  • f16ftef16fte Member Posts: 5
    Terry, thanks for the ballpark estimate on the Aurora and C1500 truck. Yep, it's just a baseline Aurora. Miles are high, but I take good care of it inside and out. Paint is still like new, engine compartment is clean, interior is in great condition, and it gets 29 mpg on the highway (not bad for a V8). Just not big enough for family trips now that we have an two kids.
  • Kirstie_HKirstie_H Administrator Posts: 11,242
    Apparently there are a lot of people who routinely buy new vehicles before they pay off their old ones.
    A reporter is doing a story on how being "upside down" is quite common these days, and is looking to connect with consumers willing to talk about it over the phone on the record (including names, locations, dollar amounts, etc.).
    He's looking for consumers who are comfortable with being upside down and those who aren't.
    If you care to participate, please respond with your thoughts and daytime phone number to jfallon@edmunds.com by Thursday, October 3.

    MODERATOR /ADMINISTRATOR
    Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
    2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
    Review your vehicle

  • agt_cooperagt_cooper Member Posts: 202
    I'm looking for the "difference" figure to work towards on this transaction

    Current car:

    1997 Mazda 626 LX-V6
    handshaker (I know, I know...)
    Green outside, tan inside
    72,500 miles
    Good tires
    Original brakes
    A/C blows cold
    well maintained, records available
    power locks
    AM/FM CD
    No rips, no stains
    Outside very good paint, a ding or two from parking lots, no paint work

    New Car:

    2002 Nissan Maxima SE
    Auto
    Dark blue / tan cloth
    12,564 miles
    no roof
    AM/FM CD (not sure if it's Bose or not)

    This is in the Washington DC area...

    What should I shoot for as a difference?

    Thanks, Terry
  • shawnr42shawnr42 Member Posts: 3
    Advertising in newspaper, WantAds, flyers, and word of mouth. I've considered switching deodorants for a possible change in karma! :^)

    Heading out tonight to shop for tires.

    Thanks to both of you for listening and advice.
    ---Shawn
  • rroyce10rroyce10 Member Posts: 9,332
    .... It sounds like you having a bad day in Bedrock .. all I can say is, make sure it's always lookin' super sharp and drop the price to $13,900 ..

    The biggest enemy here is gonna be those darn miles, cuz' it's got new sneakers ..

    Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... My famous last words -- the only difference, that makes a difference .. is the difference.!

    Ok, now that we got that .. let's see how this might work.

    No roof on an SE .?

    I'm thinkin' around the tall $16's, low $17's on the difference figure ..

    Let me know ...

    Terry.
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