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Smart Shopper Real-World Trade-In Values
38947 messages, Last post on Dec 08, 2009 at 12:48 PM
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get trade-in, private party, dealer retail values.
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Replying to: jam1000 (Jan 20, 2009 1:47 pm)  $20,000
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Replying to: deltheking (Jan 20, 2009 6:48 pm) A dealer will probably be in the $15-16,000 range on this car. Why the suddden urge for a Hybrid? |
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Replying to: camatt1 (Jan 21, 2009 5:56 am)
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Replying to: qbrozen (Jan 21, 2009 9:36 am) but I've heard that auction commitment levels on these type SUV's have taken a "nose dive," so I've kinda been expecting the worse- case-scenario,.....possibly no more than $14-$15K,....but I have no basis/facts for that. I'm noticing lots of Explorers for sale, both '06/'07 and many are priced in the $15-$20K range with less than 30,000 miles, however many are 6 cylindar and I was hoping the 8 cylindar might bring in a little more. On used SUV's dealers try to make as much as $3-$5K per sale so that leaves a lot of room for their real buy-price to be much lower at auction, thus trade-in will be impacted too. My feeling is the Trade-In offer from a Dealer will be at/near what the Auction Prices are at present and I know Dealership Lots are loaded with "repos," therefore auction prices are likely cratering,....but I'm just guessing. All I'm looking for is some current advice based on something that happened recently with someone else trading in a low mileage '07 V8 Ford Explorer "Eddie Bauer (4WD). |
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Replying to: volvomax (Jan 21, 2009 7:27 am) Can you say why you think this is so? |
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Replying to: dogsonboard (Jan 21, 2009 10:46 am) |
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Location: Miami, FL Year/Make/Model: 2007 Honda Accord Body Style: Sedan Engine: 3.0 liter, 6 cylinder, auto Driveline: FWD Mileage: 15,200 Color: Silver/Gray Major Options: EX-L V6 model, all options except navigation Condition: Interior - above average, clean, no stains/odors, leather intact Exterior - average, hand washed, waxed yearly, small front bumper scratch from shopping cart Tires - about 60% tread remain, recently rebalanced Brakes - smooth, no wear indicators, unknown remaining Maintenance - diy maintenance using mobil1 per maintenance minder Other: drivers door repaired after valet parking damaged top corner of frame rear body repaired after moderate rear-end impact both repairs at professional body shop, paint matches, no drips, no frame damage in either
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Could you provide the appx resale value? Just found this forum thread, really appreciate you taking the time to help us out. Tom Location: Denver Year/Make/Model: 2005 S4 Sedan Body Style: 4dr Engine: 4.2 V8 auto Driveline: [AWD] Mileage:51,000 Color: [black exterior/silver leather interior] Major Options: sunroof incl, premium package, bose stereo, rear window shades Condition: Details of interior and exterior: Near new, garaged, one person vehicle (other 3 seats rarely sat in), 1 small door ding Tires - New winter tires, 15,000 on summer tires Brakes: Replaced this summer Maintenance: all done, records available Other: One owner, Audi Certified, 2 year Audi warranty
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Replying to: dogsonboard (Jan 21, 2009 10:46 am) As someone said, I'm looking at the auction values. Even if a dealer isn't going to take the car to ayction, he'ss gonna look at the values there to make sure he isn't paying too much. Typically, a dealer want to be at auction price or less on a trade.
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Replying to: pgm17 (Jan 21, 2009 12:12 pm) Depending on the Carfax and how noticeable the repair work is(ie, are the VIN stickers gone) you could see a drop of $1-3,000
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