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Real-World Trade-In Values

38942 messages,  Last post on Dec 02, 2009 at 6:53 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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#34582 of 38942 Re: True value for high mileage car [maxima_popo] by waterdr Jan 03, 2008 (6:40 am)
Replying to: maxima_popo (Jan 03, 2008 5:28 am) It has been my experience that with higher mileage vehicles the dealers use the auction sheets. Also, it is hard to really know what the offer truly is w/o knowing how much money they are making on the other end. Unless you have bad credit, no one should be paying 9.5%. That is silly.
#34583 of 38942 Re: True value for high mileage car [maxima_popo] by qbrozen Jan 03, 2008 (7:10 am)
Replying to: maxima_popo (Jan 03, 2008 5:28 am) I you like the trade number, then just get financing through your own bank, credit union, or online lender and pay the dealer with a check from one of them.
#34584 of 38942 Re: 2005 Subaru Legacy GT Manual Trade Value [euzar] by robbieg Jan 03, 2008 (8:42 am)
Replying to: euzar (Jan 02, 2008 3:21 pm) I have a similar car. Mine is dark blue and an auto. However, mine has 27,000 miles on it. About a month ago a Subaru dealer gave me a quote of 15,000 over the phone. I ended up not trading the car because I didn't have enough equity to buy anything nice and lower my payments.
#34585 of 38942 Trade value on '02 Passat by tsf7 Jan 03, 2008 (3:39 pm)
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 Replies to this message: cccompson (Jan 03, 2008 5:10 pm) volvomax (Jan 04, 2008 11:39 am)
#34586 of 38942 Re: Trade value on '02 Passat [tsf7] by cccompson Jan 03, 2008 (5:10 pm)
Replying to: tsf7 (Jan 03, 2008 3:39 pm) The books are generally way off on high mileage cars such as yours. How much you owe on a car has no bearing on its resale value.   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.
#34587 of 38942 I shouldn't, but.. by stickguy Jan 03, 2008 (8:08 pm)
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? Replies to this message: ateixeira (Jan 04, 2008 6:55 am) qbrozen (Jan 04, 2008 7:16 am) volvomax (Jan 04, 2008 11:53 am)
#34588 of 38942 Re: I shouldn't, but.. [stickguy] by ateixeira Jan 04, 2008 (6:55 am)
Replying to: stickguy (Jan 03, 2008 8:08 pm) Those are nice.   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. Replies to this message: qbrozen (Jan 04, 2008 7:16 am)
#34589 of 38942 Juice by stickguy Jan 04, 2008 (7:01 am)
yeah, I need that tiny back seat! I actually need a bigger one, but you (in this case, my kids legs) can't have everything! Although once my son gets his own car (June) it will be less of an issue.   I would be getting to use as my everyday car, not a toy.   I also did the Miata thing, and just don't fit, and my back issues haven't gotten any better. Replies to this message: kyfdx (Jan 04, 2008 9:08 am) ateixeira (Jan 04, 2008 11:25 am) waterdr (Jan 06, 2008 4:08 pm) ateixeira (Jan 07, 2008 8:09 am) and 7 more...
#34590 of 38942 Re: I shouldn't, but.. [ateixeira] by qbrozen Jan 04, 2008 (7:16 am)
Replying to: ateixeira (Jan 04, 2008 6:55 am) I think you may be surprised at just how big that back seat is. I know I was. It is not much smaller than my "mid-size" volvo sedan.   Stickguy, do you REALLY want a convertible? I just can't see spending even $15k on a 7-year-old bimmer with nearly 70k miles. Seems like a big stretch to me.
#34591 of 38942 Re: Juice [stickguy] by kyfdx HOST Jan 04, 2008 (9:08 am)
Replying to: stickguy (Jan 04, 2008 7:01 am) I don't know about back seat size.. My 14-yr-old (who you can actually see grow) really whines about it... He's about 5' 10", at least this morning... maybe 5' 11" by the time I get home..   I'd be wary of a car like that... We lease an '05, and have about 10 months to go... No real problems, but convertibles really loosen up with time and mileage..   Plus, unless it's a stick with the Sport package, they aren't all that much fun..

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