Real-World Trade-In Values

Are you saying they went for only $14k at auction with such low mileage? That would suck for me...

That is precisely what I'm saying.

But, you are talking about a 2-year-old Hyundai that was probably going for ... what? $17-18k on sale days? $4k depreciation in 2 years ain't bad at all. You can't lease one for that kind of money.

Replies to this message:

tifighter (Feb 20, 2013 12:19 pm)

#43543 of 43798 Re: 2011 Hyundai Sonata GLS with PEP [qbrozen] by tifighter

Feb 20, 2013 (12:19 pm)

Replying to: qbrozen (Feb 20, 2013 12:04 pm)

I wonder how many of those at auction are ex-rentals? Not that it really makes any difference for trade-in, but where else would a bunch of 2 year old low mileage mid level Sonata sedans be coming from?

#43544 of 43798 Re: Trade-In Actual Value [tommister2] by nyccarguy

Feb 20, 2013 (12:50 pm)

Replying to: tommister2 (Feb 19, 2013 1:49 pm)

Good call. I forgot that 2011 was the previous generation Camry.

Selling privately is SCARY if you don't know what you are doing. Lessons I've learned besides what qbrozen said:

Don't negotiate over the phone. If they ask the price of the car, tell them your asking price. If they want to discuss price further, strongly suggest they come and see the car. That will elminate all but the serious lookers.

When we sold my wife's 2000 Mazda Protege ES back in 2007, I had an asian couple come to drive the car. The guy pulled up in a brand new 335i Sport Pkg Sedan. He's looking for a car for his girlfriend. I'm normally a calm guy, but she had me so scared sitting in the back seat while she was driving. I actually had to yell to her "HIT THE BRAKES" when she was coming dangerously close to a car stopped at a light in front of her.

#43545 of 43798 2011 MB C300 4Matic Sport by tom335i08

Feb 20, 2013 (6:20 pm)

Location: Danbury, CT
Year/Make/Model: 2011 MB C300 4Matic Sport
Body Style: 4 Dr
Engine: 3.0 liter, 6 cylinder, auto, 228 hp, Torque - 221 ft-lbs.

2700 rpm
Driveline: AWD
Mileage:21100
Color: Silver/Black, Alloy trim, sports shifter, paddles
Major Options: Its loaded. Premium Package, Multimedia package, heated seats, 40/60 Split rear seats, Alloys, Power glass sunroof, navigation with Command, Tire pressure monitoring, Rear Deck Spoiler

Condition: Outstanding
Tires - 30 % worn
Maintenance - All recommended maintenance. Covered by MB until 3yr/30000 miles.

Replies to this message:

qbrozen (Feb 20, 2013 7:57 pm)
nyccarguy (Feb 20, 2013 9:01 pm)
- tom335i08 (Feb 21, 2013 9:33 am)
  - corvette (Feb 21, 2013 10:12 am) and 1 more...
tom335i08 (Mar 01, 2013 8:08 am)
- danbone111 (Mar 01, 2013 9:11 am)
- qbrozen (Mar 01, 2013 9:32 am)

#43546 of 43798 Re: 2011 MB C300 4Matic Sport [tom335i08] by qbrozen

Feb 20, 2013 (7:57 pm)

Replying to: tom335i08 (Feb 20, 2013 6:20 pm)

Right around the $22k zip code.

Sounds like a good deal for a used luxo car buyer. Bad for the person who bought it new, though.

#43547 of 43798 Re: 2011 MB C300 4Matic Sport [tom335i08] by nyccarguy

Feb 20, 2013 (9:01 pm)

Replying to: tom335i08 (Feb 20, 2013 6:20 pm)

What's your buyout?

I didn't realize, I'm not too far from you in Stamford. Let us know how you do.

Replies to this message:

tom335i08 (Feb 21, 2013 9:33 am)
- corvette (Feb 21, 2013 10:12 am)
  - tom335i08 (Feb 21, 2013 10:22 am)

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