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Real-World Trade-In Values

38908 messages,  Last post on Nov 29, 2009 at 3:43 PM

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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#36819 of 38908
press request by kirstie_h HOST
Jan 06, 2009 (11:51 am)
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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 38908
volvo query by qbrozen
Jan 07, 2009 (6:53 pm)
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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 38908
Re: 2005 S40 T5 - Trade in value [volvomax] by suspendmix
Jan 07, 2009 (9:09 pm)
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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.
#36822 of 38908
V70 by stickguy
Jan 08, 2009 (5:24 am)
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looks like a nice car Q (from what they show), but the '01s don't have the best reputation.
 
Wasn't the T5 a 2.4l in those days? I know that the LPT engine went from 2.4 to 2.5l ~ 2005, but was the T5 a 2.3L still in 2001? In any case, that is probably a typo.
 
It does have geartronic, so that bodes well for being a T5 (in case you don't trust the tag on the back!)
#36823 of 38908
Re: volvo query [qbrozen] by 28firefighter
Jan 08, 2009 (6:43 am)
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Replying to: qbrozen (Jan 07, 2009 6:53 pm)

Those were the wheels that came as standard on the T5- fancier ones that you normally see were an upgrade. We used to have an '01 T5 and paid for the upgrade.
 
IIRC, the T5 engine was a 2.3L 5 Cylinder High Pressure Turbo in the 2001's.
 
Hope that helps.
#36824 of 38908
Re: V70 [stickguy] by qbrozen
Jan 08, 2009 (7:11 am)
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Replying to: stickguy (Jan 08, 2009 5:24 am)

I emailed the seller and he said he put in the wrong VIN by mistake. Here is the correct one:
YV1SW53D411006750
 
Thanks, firefighter, for the info on the wheels.
 
So, vmax, what do you think that's worth on a trade? Also, would you by any chance be familiar with the GT on the '01? Does it self-shift even in manual mode? Or does it bounce off the rev limiter, for instance, if I don't shift it?
 
If I did happen to buy such a vehicle, its intended purpose is for racing, hence the question.
#36825 of 38908
Re: volvo query [qbrozen] by volvomax
Jan 08, 2009 (7:57 am)
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Replying to: qbrozen (Jan 07, 2009 6:53 pm)

That is certainly the wrong VIN.
I noticed that none of the pictures showed the VIN plate, so who knows what the VIN truly is.
 
The wheels are correct, they were the standard wheel for the T5 that yr.
#36826 of 38908
Re: 2005 S40 T5 - Trade in value [suspendmix] by volvomax
Jan 08, 2009 (7:59 am)
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Replying to: suspendmix (Jan 07, 2009 9:09 pm)

Acura dealer showed you $12k. Chances are they overallowed on your car.
Still, if you are happy w/ the bottom line that is all that matters.
#36827 of 38908
Re: V70 [qbrozen] by volvomax
Jan 08, 2009 (8:04 am)
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Replying to: qbrozen (Jan 08, 2009 7:11 am)

Volvo's geartronic transmissions, unlike most everyone elses, do not self shift if you hit redline.
However, I seriously doubt the wisdom of racing a 94,000 mile car.
#36828 of 38908
Re: V70 [volvomax] by qbrozen
Jan 08, 2009 (9:40 am)
Reply

Replying to: volvomax (Jan 08, 2009 8:04 am)

No wisdom needed in racing.
 
Its just autoX. The thing that gets punished most is the tires.
 
So what about a value?
 
I'm prefer to hold out for a 5-speed, of course, but we know I could grow old and grey before that comes along.

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