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Smart Shopper Real-World Trade-In Values
38947 messages, Last post on Dec 08, 2009 at 12:48 PM
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Appraise your car
get trade-in, private party, dealer retail values.
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I did some checking on yoru SUV... Your advantage is that it's a V6 (Im assuming leather here!) Problem is, right now SUVs are "stiff" as we say in the car business. In other words.. on the used level, there's a whole lot more of them than there are buyers. The gas prices hurt, as you know. Deep Wedgewood doesnt help, but it doesnt hurt. I think it may be worth closer to $23K on trade.. and about 25,900 "real" retail. Remember, there's incentives on SUVs that werent't in place a year ago, and this hurts them. I did see that a 12K mile Wedgewood one sold for under $22K though... Also, there are a whole lot of them out there right now, unlike Pat's TL, there are not hard to come by I'm afraid. You'd really be better off holding on to it instead of trying to trade it. And the way the market is on SUVs.. it'll at least be worth the same money 3 months from now, then you may be able to get closer to $23K for it without a problem. Right now Edmunds seems to be on the money im afraid. Anything over $22K in "real money" is more than fair. Bill Bill
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I sincerely hope you all appreciate the info Bill is offering here. Whether good news or bad, it's accurate. Nice work, Bill. I have one for you....1995 camaro Z28, loaded with all but leather, t-tops, bose, power, etc. Only 28,000 miles. Paintwork in front but no frame repair or previous collision damage (i had a cracked front bumper cover replaced and a dented hood straightened) Interior is fine and finish is good. Mechanically straight. What say you? |
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I traded my '94 T-Bird SC for $2200 about six months ago. It was in excellent condition (body, interior etc), but had 136,000 miles on it. How did I do? I know it was much lower than Edmunds' valuation, but I didn't care because there was some expensive repair work coming due on it. Thanks, Dave |
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I think the one thing that most often keeps car deals from being done in quick order is that customers always thinks that their trade-in is worth much more than it really is. A few years ago when I was going to buy my wife a Lincoln Continental (year old)I had a five year old grand caravan to trade in. I thought it was worth about 4-4.5 grand wholesale. A friend at work, who has access to the local auction data, looked up the recent auction sales, and similar vehicles were selling wholesale at 2.5-3 grand. Bad news, but reality sometimes hurts. That evening I was offered 3 grand for the vehicle, and the deal was done in less than a half hour. If I hadn't been clued into the REAL wholesale price for my van I would not have bought that car, that night. I would have wasted my time, and several other salesmen's time before I was convinced that the 3 grand was a good trade-in quote. Again, Thanks- Bill ...glenn |
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| i have 99 rx300 fwd,leather,sunroof,cd changer,memmory seat, roof rack, spoiler..20,000 miles how much is it worth? | |
| I think you got yourself in deeper than you bargained, eh? (No, I'm not Canadian, I just like saying eh). | |
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Hmm.. an odd one.. 28K on a 95 Z28.. Since you used to go to auctions yourself, you know that a car like this can be tough to appraise. If it's really a supermin low-miler, and you get the right dealer on it.,. the sky's the limit for something like that. OK, I'll bite. My gut (which is usually very good) told me about $8500-9K... but "let's go to the videotape.." My money on the car, assuming paintwork looks good is about $11-12K That seems like what the low milers bring! Wow... But again, you never know on something like that... Also, is it a good color? If it's Pink, nobody's gonna step to that one! Bill |
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Hmm, Well, you actually kinda got what I would have said.. a 6-year old, High-Mile supercharged Ford is scary... $2,200 might be a little light.. but not by a lot.. I mean, It looks like cars like your old one that hover around the 100K mile mark seem to trade in the mid-high $3Ks.. So, if it wasnt all that nice of a car.. 2200 is a little light, but not terrible. Bill |
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| How about a 1998 4Runner SR5 4WD with every option except CD and moonroof and locking rear diff. Perfect condition, inside and out (only imperfections are two door dings the size of a pencil eraser, no dents). 27k miles. | |
| I live in Denver and my truck is Desert Dune color (sand). | |
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