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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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#34583 of 38942
Re: True value for high mileage car [maxima_popo] by qbrozen
Jan 03, 2008 (7:10 am)
Reply

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)
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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)
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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
#34586 of 38942
Re: Trade value on '02 Passat [tsf7] by cccompson
Jan 03, 2008 (5:10 pm)
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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)
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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?
#34588 of 38942
Re: I shouldn't, but.. [stickguy] by ateixeira
Jan 04, 2008 (6:55 am)
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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.
#34589 of 38942
Juice by stickguy
Jan 04, 2008 (7:01 am)
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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.
#34590 of 38942
Re: I shouldn't, but.. [ateixeira] by qbrozen
Jan 04, 2008 (7:16 am)
Reply

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)
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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..
#34592 of 38942
Re: Juice [stickguy] by ateixeira
Jan 04, 2008 (11:25 am)
Reply

Replying to: stickguy (Jan 04, 2008 7:01 am)

06+ Miatas got more leg room. That's part of the reason I want one.
 
As for the back seat, my family of 4 test-fitted a lot of these and the only one that's truly roomy is the Sebring. Too bad it drives the way it does.
 
Actually the PT Cruiser 'vert also has tons of rear leg room, but other than that I didn't see anything appealing about them.

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