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Real-World Trade-In Values

38942 messages,  Last post on Dec 02, 2009 at 6:53 PM

You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester

What is this discussion about? Car Buying

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


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#34388 of 38942
Re: 2004 Q45 [ddelise] by volvomax
Dec 06, 2007 (10:19 am)
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Replying to: ddelise (Dec 06, 2007 8:52 am)

I take it that the car isn't at an Infiniti dealer.
 
U/C managers are funny creatures.
You can offer $18,500 if you like.
You may get turned down however.
If the car is retailed for that price,then the loss(and it will most certainly be a loss) goes right in the sales log.
If it is wholesaled,than the loss can be buried in w/ the wholesale profit.
If that car was bought at auction today for $18,000, than it would retail for over $20,000.
#34389 of 38942
Help me please!! by celica03gts
Dec 06, 2007 (5:26 pm)
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I was wondering if anyone could tell me if dealerships would pay me $1,000 below Kelly Blue Book trade-in for my car in cash? I have some serious stuff that has happened and I don't care I need the money. Its a 2003 Toyota Celica GT-S, its got 108,118 miles on it. Cars in emmaculate condition. Paints chipped on the front and has some dents. Could some one give me a run down of how to sell this car and I mean like in 3 days quick. Thank you very much.
#34390 of 38942
help on a MINI by Mr_Shiftright HOST
Dec 06, 2007 (5:29 pm)
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I'm still trying to pry this MINI Cooper S off a guy, but he's not budging. I think my offer is MORE than fair. What say you?
 
2003 Mini Cooper S
BLACK on BLACK
Premium package
Fancy-pants wheels
manual transmission
 
NO NAV or premium sound or anything like that.
 
15,000 miles--car is, of course, like new
 
I offered $16,000.
#34391 of 38942
Re: Help me please!! [celica03gts] by cccompson
Dec 06, 2007 (6:00 pm)
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Replying to: celica03gts (Dec 06, 2007 5:26 pm)

You could take it to a Carmax and/or one or more Toyota stores and see what they'll give you for it. Expect a low (probably very low) number given it's high mileage and less than pristine condition, especially this time of year. Miles just kill any late model car's value, more than the "books" indicate. Also, a car cannot be immaculate and have dents - those two words don't belong in the same sentence.
 
Once you have an idea of what a dealer will give you, take some clear pics and put it on craigslist at a higher number that will give you some wiggle room to still sell it for more than a dealer will give you. If you don't get any bites, then let it go to a dealer.
 
Good luck
#34392 of 38942
MINI by celica03gts
Dec 06, 2007 (6:01 pm)
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Yeah I do belive that is fair. 16,000 is good for a 2003. Whats he want for it is the question. And those fancy schmancy wheels could cost 10,000 you never know.
#34393 of 38942
Re: help on a MINI [Mr_Shiftright] by cccompson
Dec 06, 2007 (6:04 pm)
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Replying to: Mr_Shiftright (Dec 06, 2007 5:29 pm)

What anybody else thinks is quite beside the point as there are only two people who need to think your number is "fair" and one of them doesn't.
 
For what it's worth though, your offer seems plenty high to me.
 
For comparison, use the autotrader website and do a nationwide search to see what's on the market.
#34394 of 38942
Re: help on a MINI [cccompson] by Mr_Shiftright HOST
Dec 06, 2007 (6:44 pm)
Reply

Replying to: cccompson (Dec 06, 2007 6:04 pm)

Thanks! MINI prices are all over the map, You'll see 2003 S models from $12,000 to $18,000. MINIs are a hard target to hit.
 
The stumbling block is the low mileage. It's unusually low, so the bickering is basically an interesting question:
 
What are low miles really worth? Can you quantify them?
 
A 2003 MINI should have maybe 40-48K on it. So he's maybe 25K under. Is this mileage really worth $100 per 1,000 miles? I
 
"Ya can't buy miles" say the used car guys, but you can apparently charge for them
#34395 of 38942
2001 BMW 740i loaded by eric312
Dec 06, 2007 (9:23 pm)
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I am trying to privately sell a 2001 BMW 740i in New York city.
 
It has sport package, convinience package, cold weather pkg. 63K miles. Like new condition.
 
Got it as a certified BMW in 2003 for $43K
  
Kelley private party is $20,600. Edmunds private party value is $18,500 but they just lowered it by $2000 2 weeks ago. I am asking $20,500.
 
I posted the car on cars.com, autotrader.com and craigslist a month ago and so far only one person came to look at it.
 
What do you think?
#34396 of 38942
Re: 2001 BMW 740i loaded [eric312] by robbieg
Dec 07, 2007 (6:58 am)
Reply

Replying to: eric312 (Dec 06, 2007 9:23 pm)

I am not the expert but that seems high to me by a couple of thousand.
#34397 of 38942
Re: Help me please!! [celica03gts] by sebring95
Dec 07, 2007 (7:13 am)
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Replying to: celica03gts (Dec 06, 2007 5:26 pm)

Have you tried just selling it outright? I helped my daughter sell her '03 GT-S about three months ago and was dumbfounded with how quickly it sold. She had about 75,000 miles on it, it had been in an accident (hood, fender, headlamp), front was scraped up/dinged up, very average condition. But we priced it aggressive and the 1st guy that called bought it. We got about $2,000 more than the Lexus dealer offered us on trade. I didn't think anyone liked those cars since they don't seem to sell that well and my daughter hated it about two months after the new-car thing wore off. But apparently they're desirable at that price range so stick an ad in the paper and see what happens. Someone here should be able to give you a decent idea of what price to expect if you give them all the details requested (location, etc.).

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