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Smart Shopper Real-World Trade-In Values
38942 messages, Last post on Dec 02, 2009 at 6:53 PM
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So having a lowly Ford-of-Europe product as an ancestor makes it unworthy of your New York sensibilities?  As a matter of fact, the Ford Mondeo was the 2001 Car of the Year by Top Gear television magazine, the number one enthusiast program in the world, which we true enthusiasts are fortunate to receive via BBC. In 2005 the Ford Mondeo was rated "Excellent" in both front and side crash ratings by NCAP, the European counterpart to our NHTSA. The 2003 Jaguar X-type, as tested by our own NHTSA, was rated 4 out of 5 stars in both front and side crash ratings, equal to the Mercedes C-Class of the same year. The Jaguar does share the platform and some components with the Mondeo, and proudly so. But it was built by Jaguar in a Jaguar factory in Liverpool. It offers more interior room and trunk volume than a BMW 3 series or a Mercedes C class, and with comparable performance. It is true that the X-type did not meet sales expectations in the US, but in Europe, with a diesel option it was quite a sales success. It is a little on the heavy side, but that's the trade-off for the AWD system. Comparing a Jaguar with a Subaru, while a reliable little car, is like comparing Sandra Bullock to Sandra Bernhard. The only AWD cars that come close to what this car offers are the BMW 3 series(X) or a Mercedes C Class(4matic). Both are more expensive and don't offer the room or fuel economy of the X-type. People look down their noses at Ford products, a company that practically invented the American auto industry, at a time when I can produce a 2001 Ford Explorer(4.0 v6) still on the road with 361,000 miles on the original engine and transmission. As far as "run it into the ground", without knowing what i paid for the Jag and what its current market value is, you can't possibly make that statement. Remember, high mpg cars right now are all the rage, and for a car that offers this level of luxury and AWD performance AND consistently produces 22-23 mpg in town and 30 on the highway, who knows what it might bring. I might just keep it. A wholesaler/apprasiers opinion is welcome 
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I'm looking into getting a used SUV as a second car and so have been doing research to identify good, reliable vehicles that are great buys in the used car market. So after reviewing consumer reports, looking at online ads, and driving a couple of vehicles, I identified the Mitsu Endeavor as an outstanding buy. So, here in Denver, there are several similar examples of Endeavors, and I was hoping to get an idea from the experts here on what a realistic purchase price may be. From on-line ads, there are at least a dozen of the following, some from a Mitsibushi dealer and some not, but from what I can tell, there is no certified used program anyway. 2007-2008 Mitsubishi Endeavor LS AWD 11-14k miles The LS model is the base model, without any goodies such as leather, power seats or a sunroof. I looked at several of these, and the ones I looked at appear to be in good condition, commensurate with the low miles. For the ones with carfax available, they all check out OK, unless being a previous rental car is a significant concern (I figured with a clean carfax, and with several years/miles of warranty left, that it would be OK). Asking prices on these range from $13.9k to $17.9k. KBB trade seems to be around $11k for an '07; '08's are not listed yet. I thought around $13k for an '07 and $14k for an '08 would be a realistic, albeit a bit aggressive, offer. Thoughts? Thanks! |
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Replying to: gooddeal2 (Sep 20, 2008 11:12 am) Dan
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Boston 2006 MDX Touring/nav 4wd all standard options 25,000 black very good condition clean carfax(no accidents) Thank you in advance, I really appreciate all the effort you guys put in to help others...
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i have a 2006 Acura TSX, this is my first lease, and it is coming to an end in december. the residual value and agreed-upon purchase price for end of the lease is $18,243. i looked at my account online today and its says that the payoff amount as of today is $18,780. when i looked ahead to the payoff amount at the end of the lease in mid-december, the payoff amount is $19,111. so i'm confused, why would the payoff amount increase toward the end of the lease? and why would it be more than the amount on the lease contract? am i just not understanding lease jargon? any insight would be appreciated. |
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Replying to: danbone111 (Sep 21, 2008 6:52 pm) |
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Replying to: smwls8 (Sep 21, 2008 10:31 am) If the car is as good as you say it is, why not keep it? What's out there right now that would do a better job of meeting your needs? |
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He/she made patently false statements about an automobile and it's manufacturer. People shooting off at the mouth making false statements attacking the safety of a car without the facts should be challenged. If this is not appropriate, this should not be called a "forum", which is an exchange of ideas, in theory backed up by fact. Insinuating a car is somehow deficient in design or quality because it shares a platform with another marque or because it was discounted(Oh my!) at the end of it's production cyle shows a complete lack of current auto manufacturing worldwide. He further made a financial claim without knowing the numbers, also not very "helpful". As far as the thickness of my skin is concerned, unless you are sitting in Baghdad, Iraq right now as I am, you are in no position to question my resolve or motives. I obviously have no problem standing up for what is right and challenging falsehoods, as I volunteered to serve in my current capacity. If you are in Baghdad, I would be more than happy to by you a beer, (non-alcoholic of course, dry base), and discuss auto's of all makes, they all have their respective contributions to the worldwide auto industry.
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Replying to: smwls8 (Sep 22, 2008 4:59 am) You're quite right, of course. I just assumed that you were posting from somewhere in Florida, since you said in your 1st post that you were on the Gulf Coast, considering a drive north to get a better price for your car. It didn't occur to me that you might be referring to the Persian Gulf. My apologies for the misunderstanding & good luck to you. |
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Replying to: smwls8 (Sep 21, 2008 10:31 am) All I know is what I read. The X-type was pretty much panned by car reviewers as being a Mondeo under the skin, and not enough car for what Jaguar was charging. Here's a typical review from Edmunds: http://www.edmunds.com/jaguar/xtype/review.html. The crash ratings were not as good as other cars, including "marginal" side impact rating from the insurance institute (so before you knock Subaru, you should drive one and know that they've had five-star ratings across the board since the beginning). I'm not sure what relevance European crash standards have since you own a car sold in America and safety requirements are stricter here. Plus, near the end, dealers could hardly give the X-types away. People just didn't consider them real Jaguars. Some Ford products are fine. I had a 2003 Mazda Tribute and for a lot less money, I had exactly the same engine as you had in your Jaguar (and maybe a lot of the same AWD components as well). It was a vehicle that served me well until the transmission started to go at 60K. By the way, for further proof of the X-type's low value, I took a quick look at the Edmunds TMV trade-in for your 2003 X-type and it's $7,702. You know what the comparable value is for the Tribute, which probably cost at least $10,000 less than your Jag when both were new? $7,202, only a $500 difference. Obviously, you have a chip on your shoulder for New Yorkers. Whatever you think of us, we know what we're talking about. I was only pointing out that your car's not going to fetch that much and if you still like it and find it reliable, it may be worth keeping. If you still don't believe me, you'll surely find out when you try to sell it or when someone delivers the verdict on this forum. |
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