Last post on Dec 10, 2013 at 4:02 PM
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Appraise your car
get trade-in, private party, dealer retail values.
#43524 of 44380 Re: Trade-In Actual Value [jtptoyo2011]
Feb 19, 2013 (9:52 am)
Fancy options don't:
* tech gets dated quickly
* maps get old, buyers worry if they're current
Generally a loaded model will have a lower residual than a middle-line model.
#43525 of 44380 Re: Trade-In Actual Value [ateixeira]
Feb 19, 2013 (10:19 am)
Well...lesson learned. Thanks
#43526 of 44380 Re: Trade-In Actual Value [jtptoyo2011]
Feb 19, 2013 (10:21 am)
Yours is not that old, but a while ago I shopped for used cars with the very early GPS systems, and the resolution on them was laughable comparing to what is out today.
Funny thing is back then Navi was a $2000 option. Today the option costs about half as much plus you get better systems.
Toyota has Entune but even their new ones are not exactly state of the art. I think Chrysler's 8" screen gets the best feedback, plus Hyundai/Kia have UVO with a solid state drive and excellent responsiveness as well.
#43527 of 44380 Re: Trade-In Actual Value [jtptoyo2011]
Feb 19, 2013 (12:49 pm)
Also, 2011 was the last year of the previous design revision. That might make it worth a bit less. Plus what the other experts said
#43528 of 44380 Re: Trade-In Actual Value [tommister2]
Feb 19, 2013 (1:30 pm)
Thanks for the reply. I'm sure along with what everyone else has said that is a factor. Tech laps given it is consistently ranked high on CR list for everything else. I wanted something that would retain value. I certainly don't expect the 2 years to stand up against a 2012 Unused SE or LE but come on...what a disappointment.
If I was trying to cast the widest net for retail buyers what would you...someone...anyone suggest.
I have never joined any kind of forum before. This is very helpful.
#43529 of 44380 Re: Trade-In Actual Value [ateixeira]
Feb 19, 2013 (1:41 pm)
You sound like you are up on your tech stuff. I didn't buy it for the navi, etc. I certainly don't think I will buy a Cry..seler or Hyun...die but I could just be a victim of some really good marketing hype...which it seems like I am. Thanks
#43530 of 44380 Re: Trade-In Actual Value [jtptoyo2011]
Feb 19, 2013 (1:42 pm)
I've had pretty good response using Ebay's local free classifieds. Craigs... not so much anymore. However, I've sold most of my cars to folks who simply drove by and saw it out front with my sign in it.
On that sign, I should stress the importance of the info given. Folks who put a sign with just their phone number are asking for tire kickers. List the make, model, year, miles, important options, AND YOUR ASKING PRICE. You want them to be as informed as possible before even picking up the phone. That will limit the number of uselss calls you get.
#43531 of 44380 Re: Trade-In Actual Value [qbrozen]
Feb 19, 2013 (3:13 pm)
#43532 of 44380 Re: 2011 Hyundai Sonata GLS with PEP [qbrozen]
Feb 19, 2013 (3:18 pm)
"Believe it or not, those miles aren't uncommon. There have been 19 2011 GLSs with under 20k miles in just the past week. All are right around $14k. So I'm afraid you'd be looking at $13k trade .... maybe up to 14 from the right dealer."
Are you saying they went for only $14k at auction with such low mileage? That would suck for me...
#43533 of 44380 Re: Trade-In Actual Value [qbrozen]
Feb 20, 2013 (4:25 am)
.. and then, vet them carefully over the phone. I used to horse-trade all the time before I decided to grow up for a while.
I've learned to ask questions like: Have you driven this model before? Do you have an idea what the car is like?
And the all-important: If we come to an agreement, how do you plan to pay for the car? Oh boy.
People will try all sorts of shenanigans; "I wanted my girlfriend to try one. Maybe we'll buy one next year." was one of my favorites.
And the answer to the money questions can also be rather revealing. I used to be able to cut my no-shows to better than one in three, which is pretty good. I also price my cars so they are attractive compared to what's out there.
The best advice I can give is to figure out not what your car is worth, but what kind of buyer you're after, and then write the ad and pick the price accordingly.
I once asked a new-car dealer flat out why he was only offering $10 on a pickup that was doing better than $12k at the auction... He said "the ones you see are the ones that sold, not the many more that didn't." And "these aren't popular. The one thing that's going to sell this truck is price." This made a lot of sense to me.
I sold it on the street for $12,500 cash to the second guy who looked at it, but it took two or three weeks.
The 91 Civic Si with 206k I sold in two days for my sub-$2k asking price.
Your Camry is a nice car, but I suspect it'll take some doing to get good money for it.
Good luck -Mathias