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Real-World Trade-In Values

38933 messages,  Last post on Dec 01, 2009 at 8:29 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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#36775 of 38933
Looking to purchase ~ any advice? by mdenglund
Dec 30, 2008 (5:53 am)
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Hi everyone,
  
I am looking for a bit of advice on a car my wife and I are looking at purchasing. It is a manual transmission 2006 9-3 Sport Combi with ~30K miles and they are asking $16.5K. It has a clean Carfax, new tires and new front breaks (rear are 80%). Based on others in the Mpls, MN area, it looks like a competitive price ~ am I right? Also, it is only under factory warranty until 50K miles, but the dealership offers an extended bumper-to-bumper for ~$1,900 (6 yr or 100K) - based on your experience, is this worth it?
  
Any and all advice is greatly appreciated!
#36776 of 38933
Re: Looking to purchase ~ any advice? [mdenglund] by ateixeira
Dec 30, 2008 (8:52 am)
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Replying to: mdenglund (Dec 30, 2008 5:53 am)

Price on the warranty seems a little steep to me.
 
I've gotten quotes for a similar warranty on my Toyota for well under $1000.
 
I know it's a Saab, and parts aren't exactly cheap, but still.
#36777 of 38933
Re: Looking to purchase ~ any advice? [mdenglund] by woodyww
Dec 30, 2008 (9:33 am)
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Replying to: mdenglund (Dec 30, 2008 5:53 am)

This $1,900 ext. warranty is not a Saab warranty I take it, but some kind of aftermarket warranty? There are huge mark-ups on those for the dealers, & a lot of warranty cos. go out of business.
 
At any rate, you've got plenty of miles left on the orig. warranty, & if the car proves to be troublesome, you may dump it by 50K miles anyway. I say pass.
#36778 of 38933
Re: 2001 Corolla [rajatarora] by volvomax
Dec 30, 2008 (10:18 am)
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Replying to: rajatarora (Dec 27, 2008 1:06 pm)

Trade in $1500 or so.
#36779 of 38933
Re: 2007 Lincoln Navigator or 2007 Expedition EL [bc13] by volvomax
Dec 30, 2008 (10:22 am)
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Replying to: bc13 (Dec 27, 2008 4:14 pm)

Oddly enough, both cars show wholesale values in the same neighborhood.
$20-22k.
I'm a big fan of CPO cars, but they have to be at a Ford or Lincoln store to get the CPO program.
#36780 of 38933
Re: 2006 BMW 530 [biker4] by volvomax
Dec 30, 2008 (10:29 am)
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Replying to: biker4 (Dec 28, 2008 4:56 am)

Figure wholesalse $20-21,000
#36781 of 38933
Re: 2002 VW Jetta GLS 2.0L [thriftyLSUfan] by volvomax
Dec 30, 2008 (10:51 am)
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Replying to: thriftyLSUfan (Dec 28, 2008 10:47 am)

With a working A/C unit you have about a $3500 car.
So, the car is worth $2000 as is.
#36782 of 38933
Re: 2006 BMW 325i [vish_dc] by volvomax
Dec 30, 2008 (10:54 am)
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Replying to: vish_dc (Dec 28, 2008 2:51 pm)

Wholesale $15,000
#36783 of 38933
Re: 2007 TSX Base [dad23] by volvomax
Dec 30, 2008 (10:56 am)
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Replying to: dad23 (Dec 28, 2008 7:57 pm)

Trade in probably $16,000
Private party $3-4,000 more.
#36784 of 38933
Re: Looking to purchase ~ any advice? [mdenglund] by volvomax
Dec 30, 2008 (11:05 am)
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Replying to: mdenglund (Dec 30, 2008 5:53 am)

Current wholesale on that car is around $12,000
So, I'd hit them for some more discount. Or throw the warranty in.
 
Make sure the warranty covers EVERYTHING.
I would 100% get the warranty. The price doesn't seem out of line for a European car, provided it is comprehensive coverage.
Make sure you LOVE this car. The only thing that drops faster than a 401K is the resale value on a SAAB.

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