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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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get trade-in, private party, dealer retail values.
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Hi, I am trading my 03 Nissan Maxima for another car. According to KBB and Nada it is worht more than what we have been offered for trade. But according to the dealer KBB is not very accurate with high mileage vehicles. I tend to agree after experimenting with the mileage number. My car has 100k miles on it. If I change the mileage to 200k miles the value only drops by about 1K. If I increase to 300k another 1k. That doesn't seem realistic. The dealer has offered me $7800, which I feel is good considering I have been trying to sell for 2 months now at $8700. But he is making up for it with a 9.5% interest rate. Any thoughts?
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A co-worker has asked me for some advice on a truck he is looking to buy. Of course, I know of no better place to seek a real value than this forum! Here's the link to the actual vehicle; it seems a little high, but it is certified. What should be the rock-bottom price for this vehicle at this NC dealer? It's the only 2005 Tundra they have in stock, and the one listed on the "Preowned Specials" page. Rick Hendrick Toyota Internet Specials
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Replying to: benderofbows (Jan 03, 2008 5:40 am) They had huge rebates on the '07's a month or so ago, not sure if they're still out there or not but you could get a brand new crew-max 4x4 in the $26,000 range. Makes a $24,000 truck with 60k miles look like a bum deal. |
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Replying to: maxima_popo (Jan 03, 2008 5:28 am) |
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Replying to: maxima_popo (Jan 03, 2008 5:28 am) |
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Replying to: euzar (Jan 02, 2008 3:21 pm) |
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SLC, UT 2002 VW Passat GLS 1.8t 5-spd 112k miles options: heated leather, monsoon sound, power moonroof, alloys good condition, no accident history or damage KBB and Edmunds are showing right around $6k, which is what I asked for at two dealers earlier this week. Replies were for $3800 and $4300, respectively. One actually tried to tell me that he was close to my request b/c the $2000 he came down off MSRP on his car plus the $3800 for my trade equaled $5800, which is "how trade in is actually calculated."  Anyway, what do you all think? I have purchased several cars in the past, but never with a trade-in that I still owed money on, so I'm looking for a little advice. thanks, TF
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Replying to: tsf7 (Jan 03, 2008 3:39 pm) Best advice I can offer is this: because your Passat is worth so little, drive it into the ground rather than roll negative equity into another loan. |
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Saw an ad for this at a local upper-end used car lot (big place). In frigid S. NJ (near Philly) 2001 BMW 330ci convertible. Automatic, all loaded up with the usual goodies. SIlver, gray leather. 68K. They are asking $16,995. assuming it is clean s the board of health and not hits/runs/errors, what is a reasonable price for this puppy?
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Replying to: stickguy (Jan 03, 2008 8:08 pm) Just for reference, I've seen 2006 Miatas for the same price. I'd take a 5 year younger Miata over that Bimmer, unless you really need that tiny back seat.
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