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Real-World Trade-In Values

38945 messages,  Last post on Dec 07, 2009 at 7:39 AM

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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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#34606 of 38945
Re: Q [qbrozen] by woodyww
Jan 06, 2008 (12:40 pm)
Reply

Replying to: qbrozen (Jan 05, 2008 7:07 pm)

It would be so much wiser to finish the 8 months on the wife's lease and buy an older volvo for cash. ugh! I hate these decisions
 
You've already determined what's wisest, so do that. (I know it's never that easy!).
 
But if you have a good indie Volvo repair place nearby, or at least a dealer with a good service rep., I'd buy the nicest, newest car you can afford & still pay cash. Always having car payments seems like a never-ending treadmill to me......
 
Just my 2 cents.
#34607 of 38945
Re: Juice [ateixeira] by waterdr
Jan 06, 2008 (4:08 pm)
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Replying to: ateixeira (Jan 04, 2008 11:25 am)

As someone who owns a vert and has two kids, I can tell you that none of the back seats are very useful in any of them. However, there are a few that do better then others. Also, in the end, we decided to buy a bit cheap (so to speak), so we could have three cars where the leg room issue was not such a big deal then.
 
The Sebring and the Mustang both have useable rear seats and can be bought for good prices. We went Mustang. I paid $15k for a 2000 GT vert with 37k on it back in 2003. The car would still fetch $11k - $12k today if it were still all stock. The key is that I don't drive it in the winter and the miles are still low. If you buy these things used and keep them in good shape, you would be amazed at how they hold their value. The introduction of the 2005 models also seemed to help the resale for those of us with 99 - 04 cars.
 
Again, with stangs, it is all about a clean car. Many of them are beaten hard, but a solid, clean one, will always fetch money.
#34608 of 38945
General Trade Question by hackd
Jan 06, 2008 (6:11 pm)
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2 Questions on trading in a car worth hopefully about 5K on the trade
 
1. Would I be better off fixing up some of the front bumper scrapes (not dents but ugly nonetheless). Will a $300 repair make me anymore money when trading...seems like a good idea if going private for sure.
 
2. Would I get less money a trade if buying a used car?
 
Thanks
#34609 of 38945
Re: General Trade Question [hackd] by waterdr
Jan 06, 2008 (9:04 pm)
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Replying to: hackd (Jan 06, 2008 6:11 pm)

I am not a pro, but when you see a bumped-up bumper, I wonder what else the owner let go on the car....stuff you can't see.
 
I was going to sell a car a few years ago....cleaned it up a bit....liked it so much, I kept it for two more years.
 
I also think you will get a little more for a trade on a more expensive, new car.
#34610 of 38945
Re: Juice [waterdr] by ateixeira
Jan 07, 2008 (8:09 am)
Reply

Replying to: waterdr (Jan 06, 2008 4:08 pm)

You said it - we have 3 cars. That's the best solution.
 
That way there's no compromises - I have the biggest minivan on the market, and the most affordable/fun roadster, a used Miata.
 
Having said that, my '93 Miata is starting to feel its age. I'm thinking about trading up to a newer, still used, 06 model.
 
So, trade-in values?
 
Potomac, MD and DC area
1993 Mazda Miata
1.6l 5 speed manual
RWD
just 71k miles
White exterior, tan leather interior, newish tan top with glass (2 years ago)
C package - so leather, power windows/mirrors, alloys
Aftermarket CD/MP3 player, fairly new
Top is new, body is good for a 93 but not perfect, one small dent in front fender
Tires about 50%
Newish brakes
 
Had some front end damage so the bumper is new, hood and fender also, no frame damage however.
 
Hard to appraise, given the age, but miles are low.
 
Condition is average, but may be considered good for a 14 year old car, I'm not sure.
 
I figure a dealer would offer me chump change, probably $1000 or so. What do the pros think?
 
I will probably private party sell and ask for $3000. Am I dreaming? The top alone is worth a grand.
#34611 of 38945
Re: Juice [ateixeira] by waterdr
Jan 07, 2008 (8:19 am)
Reply

Replying to: ateixeira (Jan 07, 2008 8:09 am)

Have you looked into "Monster Miata". There is a nice after-market out there for Miatas in this age that are in good shape. Folks are strapping Ford V-8's in them and all you need is a new K-Member if I am not mistaken. This might help you sell it as well. The frames on the Miatas are made exceptionally well which allows them to support the added weight and power. Many are making 500+ hp from what I understand and the motors are cheap to find.
#34612 of 38945
For a friend. by kyfdx HOST
Jan 07, 2008 (8:23 am)
Reply
'95 GMC Suburban
Hearse doors in back/3rd row seating
RWD, 454 engine with factory towing package
86K miles
Two-tone, Navy/Gray
Cloth interior
Very nice condition.
Maintenance up-to-date
Front/Rear A/C
Full factory trailer towing package
 
Used by retiree to tow his 32' travel trailer.
No issues... he's just too old to camp any more.
 
Looking for a private party price.. Could be coupled with the travel trailer as a package deal.
 
Thanks!
kyfdx
#34613 of 38945
Re: Juice [waterdr] by ateixeira
Jan 07, 2008 (9:15 am)
Reply

Replying to: waterdr (Jan 07, 2008 8:19 am)

Shoot, I should build one myself.
 
Maybe if my kid were older than 5. That would be a great project to do with him.
 
Honestly, though, I'm pretty handy but that might be a bit much for my skill level.
 
I've heard that clean NA Miatas are sought after and have actually increased in value lately. It's all pre-OBD.
#34614 of 38945
Re: Q [woodyww] by qbrozen
Jan 07, 2008 (9:19 am)
Reply

Replying to: woodyww (Jan 06, 2008 12:40 pm)

I do have a good indy place that I used with my last volvo.
 
Well, it seems things may change anyway. My wife wants another kid ... sooner rather than later (discussed for the first time this weekend). If we are to afford that, then we definitely need to do something about the car payments. So it looks like we gotta wait out the lease and do a cash deal on something. I better start saving!
 
Maybe I should consider a CPO volvo for myself. But the wife knows I really want a bimmer for my next car. BUT, if I'm going to have another baby, that really changes things. Looks like the 1-series ain't gonna happen.
So a used 3-series sedan is probably the best I will get away with. woe is me.
#34615 of 38945
Re: Juice [ateixeira] by erics6
Jan 07, 2008 (12:47 pm)
Reply

Replying to: ateixeira (Jan 07, 2008 8:09 am)

Go private party. Check with miata.net and see what they suggest. Don't know the DC market, but asking prices in the NW are a lot higher than $3k, even in winter.

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