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Real-World Trade-In Values

38947 messages,  Last post on Dec 08, 2009 at 12:48 PM

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What is this discussion about? Car Buying

Appraise your car get trade-in, private party, dealer retail values.


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#28460 of 38947
2004 BMW 645Ci by div2
Oct 11, 2005 (7:24 pm)
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Hi Terry, I'm trying to help a friend sell the following car. Retail and trade in values would be of great assistance. Thanks!
Location: Louisville, KY
Year/Make/Model: 2004 BMW 645Ci
Body Style: Coupe
Engine: 4.5 V8 Automatic
Driveline: RWD
Mileage: 12050
Color: Black/Dark Red
Major Options: Cold Weather Package, Logic 7 Premium Sound
Condition:
  Flawless Exterior/Interior
  Tires: 40% worn
  Brakes:15% worn(if that)
  Maintenance: All performed by local dealer
Other: Sadly, the car suffered significant damage when it t-boned a red light running moron; both air bags deployed. That said, the car drives great-no squeaks/rattles and the quality of the repair work is excellent.
#28461 of 38947
Terry by akangl
Oct 12, 2005 (9:49 pm)
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I know I said I gave up, but........
 
Hubby and I stopped by the Ford dealer and noticed this truck (he loves it, which scares me), what say the master??
 
2001 GMC Sierra 3500 DRW, 8.1L V8, allison auto, 4WD, SLE, gold/tan, am/fm/cass, pwr seats/mirrors/windows/locks, very clean, 51k miles, good tires, brakes seem fine. Dealer is asking $19,995.
 
Now the bad:
 
1. Its Canadian, its been imported and converted.
 
2. It shows evidence of an accident (front fenders have been replaced), no visible frame damage at all.
 
It drives out real nice, hubby drove it, then when we got back he climbed under it and looked it over, said it seems fine. The dealer offered a free powertrain warranty with the truck.
 
I'm thinking $16ish, am I close? They are going to appraise my Titan tomorrow (we were driving the Ram today), the GMC is at the Ford dealer.
#28462 of 38947
Use car pricing ? by ve744
Oct 13, 2005 (3:54 am)
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Replying to: kdhspyder (Oct 09, 2005 8:52 am)

Why is there such a huge disparity in used car pricing between Edmunds, Kelly Blue Book, and NADA ? Which is most reliable ? Of course as a buyer I would use the lowest figures (generally Edmunds) but as a seller I would like to use NADA which could be thousands of dollars more.
#28463 of 38947
Update: 2000 Maxima by ajbcho
Oct 14, 2005 (7:16 am)
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Update for Terry.
 
Got about $8500 for the 2000 Maxima SE. I think I could of gotten more for it, but wife put me in a situation to do the trade on a day I was not prepared for. Didn't have a chance to clean it up before and the kids decided to use the floor as their personal trash can leading up to the trade. I think I got dinged on that. Take Terry's advise and detail your cars before trading or selling. I believe it cost me 100's. Thanks again Terry.
 
***************************************************************************************
.... **Everything happens in 3's, right???
PLEASE help, would like to get a real trade in worth/value of this car before I move forward.
 Omaha, NE
2000 Nissan Maxima SE
Auto
58000 miles
Sunset something (light brown/tan) color
All options expect traction control
Newer tires (1 year old)
new rear brakes (3 months ago)
tranny fluid just flushed/changed ( 1 month ago)
regular oil changes since day one (every 3K; original owner)
average/great condition overall, some carpet stains from toddlers, no major dings/scratches** ..
                       ================================
  
                             Everything in the 3's ...? .. I have a feelin' that Vijay Singh would agree with you since he 3 putted on almost every hole at Baltusrol ...l.o.l....
  
                        Anyway ... in Oh-ma-ha .......... we have this 00 Maxima SE with 58k, (leather.?) it's got the auto thing, it's that brownish ka ka color, it's got some new round things and maybe some new stoppers ......... IF ~~ the interior doesn't look like a science experiment, it hasn't spent any time at Maaco, the service is 100% and no battles at Burger King .. then trade side, in and around the super tall $8's low/mid $9's .. if it's super nice, super clean and it glows in the dark, then you might "maybe" see a dealer wander towards the tall $9's .. if it needs stuff, start deducting ........
  
                            Good luck and let me know: that's called an update.
#28464 of 38947
Volvo S60 T5 with question about repairs by rona123
Oct 14, 2005 (7:26 am)
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Hi, I have a somewhat complicated issue that I will try to keep simple, but first, I’m curious to know the trade-in and private sale value of my vehicle:
 
2001 Volvo S60 T5 Silver exterior/black leather interior. 45,000 miles, Automatic auto-stick. It is a fully loaded model (see below for features) and in outstanding condition on the interior. Exterior is in excellent condition, near perfect paint with only a few scratches, and no dents or dings. There is one broken fog light and a right front rim that is a little worn from hitting a curb. Tires are also at only about 20% and will need to be replaced very soon.
 
Now here’s the complicating factor. A reliable mechanic tells me that it needs about $1,000 in work to repair/replace cracked arm bushings and a mass airflow sensor.
 
Here’s my question: What’s my best option? Repairing the car, putting new tires on it, and selling it privately, or just trading it in as is?
 
Thanks!
Ron
 
Primary Interior features:
Dual power seats
Heated seats
5 disc cd changer
Cruise
All power
Retractable sunroof
#28465 of 38947
Re: Volvo S60 T5 with question about repairs [rona123] by woodyww
Oct 14, 2005 (7:56 am)
Reply

Replying to: rona123 (Oct 14, 2005 7:26 am)

Just curious--what's it "doing" when you drive it that relates to the repairs needed? i.e., what symptoms would it exhibit on a test drive? Also, I "think" a lot of dealers don't even drive some cars being traded, at least that's my experience--they just start it, see how it runs, inspect the body, etc.
 
Whatever value you'd get privately might involve the $1000 for repairs (depending on how badly needed), + new tires--can't be cheap on a T5. Then there's the sales tax savings if you trade it (in most states). I'd lean towards trading it "as is"......but it may depend on how bad/apparent the problems are.
#28466 of 38947
Re: Volvo S60 T5 with question about repairs by rona123
Oct 14, 2005 (8:25 am)
Reply
Thanks for the quick reply. Actually, there have been absolutely no driveability issues, and I have noticed no performance problems. The only thing that has happened is that on a very rare occasion, I get the check engine light with a message about emission service being required. Maybe once a week, if that. As such, the only thing that would be noticed during a test drive might be the warning light if it happened to come on. FYI, my mechanic found these items when I asked him to look the car over for any issues that would affect my ability to sell it.
 
Ok, if you don't mind, follow up question based on trading it in. I'm a little bit upside down, but have the cash to pay off the difference. But, I'd like to trade the S60 in for a less expensive used vehicle (around $10k) to reduce my payments. Assuming my Volvo is valued more than that, how does that work logistically?
 
Thanks again!
#28467 of 38947
Re: Volvo S60 T5 with question about repairs [rona123] by woodyww
Oct 14, 2005 (12:55 pm)
Reply

Replying to: rona123 (Oct 14, 2005 8:25 am)

Well, then I wouldn't have that stuff fixed if you're selling--maybe just the tires, but I'd think only if you're selling privately. There are a bunch of past posts here about trading in a vehicle you're upside down on--one just a few days ago about a guy trying to buy an Accord EX, with responses from Terry (the guru) & others--worth scrolling back.
#28468 of 38947
Re: Volvo S60 T5 with question about repairs by rona123
Oct 14, 2005 (1:01 pm)
Reply
Will do, thanks.
 
So any idea of the trade-in value for my Volvo as-is then? Or is that someone else's expertise?
 
Thanks again
#28469 of 38947
2004 Toyota Camry XLE by boblib
Oct 14, 2005 (3:55 pm)
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Hello,
 
Need help with trade-in value for a Camry which is in the process of being repaired after suffering $10,500 damage to the front: fenders, hood, bumper, windshield, radiator, air conditioner condenser, starter, battery.
 
Knoxville, TN
2004 Toyota Camry XLE 4-door
4 cylinder
Automatic
FWD
7500 miles
Black exterior/taupe leather interior
Alloys, power seats, power moon roof, JBL stereo system with cassette/CD changer, spoiler, heated seats, side airbags
Excellent condition before wreck
Tires - 7500 miles
 
And thanks!

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