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Real-World Trade-In Values

38933 messages,  Last post on Dec 01, 2009 at 8:29 AM

You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester

What is this discussion about? Car Buying

Appraise your car get trade-in, private party, dealer retail values.


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#36812 of 38933
Re: 2009 Chrysler sebring sedan [deltheking] by volvomax
Jan 04, 2009 (2:08 pm)
Reply

Replying to: deltheking (Jan 03, 2009 3:03 pm)

You can give it a shot.
Worst case, you buy the car from Carmax.
#36813 of 38933
Re: 2001 Infinity QX4 [erics6] by volvomax
Jan 04, 2009 (2:09 pm)
Reply

Replying to: erics6 (Jan 04, 2009 11:37 am)

Somewhere in the $7,000 range.
#36814 of 38933
2006 Subaru Legacy LTD Wagon by georgehughes35
Jan 04, 2009 (7:46 pm)
Reply
My brother wants a Subaru Legacy Wagon, leather interior, 2005-2007 with 30K mile or less. He is willing to pay for it and apparently he will have to b/c there just ain't many on the market that meet his criteria. He is in Wisconsin and the car mentioned above is at Carmax South of Baltimore. I test drive it today and it is in good condition, some minor scratches, scrapes on leather in 1-2 places etc. Drives well, tires are ok but are good for 1-2 years depending on he he drives it. Well, the stats:
 
28,000 Miles.
Manual transmission.
Leather interior on the LTD.
Heated seats.
That ugly Suby light green exterior and tan interior.
AWD (I guess it goes without saying).
Massive sunroof, skylight which opens is more like it.
 
Carmax wants $18,000 for it and he would have to get it shipped to Wisconsin for another $450. I paid for the consumer reports pricing (They said $14,000 from dealer) and checked Edmunds (up to $15,000 from dealer). I told him I thought it was a buy before I checked the pricing and it seems like Carmax is really gouging on this one but maybe they are just hard to find used with low miles.
 
Thoughts?
#36815 of 38933
Re: 2006 Subaru Legacy LTD Wagon [georgehughes35] by volvomax
Jan 05, 2009 (9:03 am)
Reply

Replying to: georgehughes35 (Jan 04, 2009 7:46 pm)

That car would probably wholesale in the mid teens, so Carmax asking $18k isn't out of bounds.
#36816 of 38933
Re: 2006 Subaru Legacy LTD Wagon [volvomax] by georgehughes35
Jan 05, 2009 (9:29 am)
Reply

Replying to: volvomax (Jan 05, 2009 9:03 am)

Thank for the input. I sent it along.
#36817 of 38933
Re: 2006 Subaru Legacy LTD Wagon [georgehughes35] by longislander1
Jan 05, 2009 (3:15 pm)
Reply

Replying to: georgehughes35 (Jan 04, 2009 7:46 pm)

These guys can give your brother a lot of good advice on buying a Subaru and perhaps offer leads on other cars for sale: http://legacygt.com/forums.
#36818 of 38933
Re: 2006 Subaru Legacy LTD Wagon [longislander1] by kirstie_h HOST
Jan 06, 2009 (11:31 am)
Reply

Replying to: longislander1 (Jan 05, 2009 3:15 pm)

We also have quite an active group of Subaru enthusiasts who hang out in our Subaru Crew area. They also have a live chat every Thursday evening if your brother wants to ask questions in real-time.
#36819 of 38933
press request by kirstie_h HOST
Jan 06, 2009 (11:51 am)
Reply
A reporter from a large national newspaper would like to talk to consumers whose reasons for purchasing cars have changed. In the past, their car might have been the primary reflection of their personality, but now they are basing their purchases on other factors -- cost, features, the environment, etc. If you are interested in speaking to the reporter, please contact ctalatiedmunds.com no later than January 12, 2009.
#36820 of 38933
volvo query by qbrozen
Jan 07, 2009 (6:53 pm)
Reply
hey vmax,
Think you can help me figure out the mystery with this 2001 V70?
Claims T5, but states 2.4L engine. PLUS, if the decoder I found on volvo's website is correct, this VIN belongs to an XC70. YV1SZ58D611003557
Is that right?
And those wheels don't look like T5 wheels to me, but I can't say I'm an expert in that area on the '01s. No pics of the engine, so no help there.
 
thanks!
#36821 of 38933
Re: 2005 S40 T5 - Trade in value [volvomax] by suspendmix
Jan 07, 2009 (9:09 pm)
Reply

Replying to: volvomax (Nov 14, 2008 2:49 pm)

Ya, the trade-in and just overall value of the s40 has gone down considerably. I had a 2006 s40 2.4 flint grey auto base with 43k miles in very good condition based in SF bay area. I brought it to 3 dealerships to trade in last month and got offers for $8-10k for it which I thought was ridiculous, especially since KBB and Nada indicated about $13-14k trade in value. I asked for an appraisal from a Volvo dealer in Sacramento and he sent me a listing of the weeks wholesale auctions for the similar S40s, well, those were mostly $7k to 10K. I decided to put it out on private market for $14500 (KBB said $15k for private) and thought I could get $13k for it. Well, long story short, 1 month on private market had 3 people look at and best offer I got was "well, it can't be worth more than $12,000 so give me a figure below that."
 
Well, this past weekend, looking at MDXs at an Acura dealership, I was finally able to unload the car for $12k, not bad for a trade in and when I checked KBB again, the trade in value had dropped to $12k. When the dealers initially told me there simply was no market for an American made car (i.e. Ford), I scoffed. Well, it took me this long to realize that they were right.

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