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Mercedes-Benz M-class vs Ford Explorer/Mercury Mountaineer vs Buick Rendezvous vs Acura MDX

472 messages,  Last post on Sep 17, 2007 at 5:06 PM

You are in the Mercedes Benz M-Class Forum. Your Hosts are steve_ & tidester

What is this discussion about? Mercedes-Benz M-Class, Ford Explorer, Buick Rendezvous, Acura MDX, Car Safety, Fuel Efficiency (MPG), SUV

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#433 of 472 by fedlawman Jul 25, 2003 (3:24 pm)
I stopped by my Buick dealer 2 weeks ago to see what my '02 RDV CXL would be worth in trade on an '04 "Ultra" when it comes out.   The fleet manager told me that my '02 is worth $19,000.   I bought it 2 years ago for $28,000 (MSRP was $32,500).   Check out www.nada.com and try it again.
#434 of 472 Resale Values by montreid Jul 25, 2003 (3:25 pm)
It's usually quite true that Domestic vehicles don't hold the early resale values nearly as well as the imports. The 5 year resales tend to be a bit closer because depreciation of the plateau effect.   The numbers that you quote, hope is a little skewed though:   Assumptions: 21K/Good condition (most 1.5 year cars will be this or even excellent)   2003 CXL: Bluebook: 29545 2003 ongoing Discount: 3000                             26545 2002 Resale 13660           Difference 12885 (~49% depre)   2003 MDX Touring: Bluebook: 37802 2002 Resale: 30720           Difference 7082 (~19% depre)   I would think it of this way:   If you don't mind buying a 1.5 year old car, get the Rendezvous for $13660!   Regardless, get the car you're satisfied with and that fits your 'intent to keep'.   If you're going to buy and drive x >5 years; the choice would be domestic. If you're going to trade-in <3 years--go import (or even lease deal if structured correctly).
#436 of 472 Resale value after 5 years by hopeitsfriday Jul 25, 2003 (4:35 pm)
Since we cannot compare a 5 year old Buick Rendezvous and the MDX. Lets compare a Buick and an Acura that has been around for 5 years. The LeSabre Limited and the TL are pretty close in price. According to KBB, assume 60000 miles, a five year old LeSabre Limited in fair condition is worth $6600 and a five year TL in fair condition is worth $11040. Almost twice as much.
#437 of 472 the books by steve_ HOST Jul 25, 2003 (9:22 pm)
Check out the True Cost to Own tool for depreciation comparisions between various vehicles.   Check out What is the "Kelley Blue Book" Price? for more on what the numbers mean.   Steve, Host
#438 of 472 Steve Host by hopeitsfriday Jul 26, 2003 (11:42 am)
Why is the trade in value alway around 10 % to 20 % more in Edmunds than it is in KBB? The KBB link you provided only talks about buying a used car not trade ins.
#439 of 472 Hopeitsfriday by steve_ HOST Jul 26, 2003 (12:03 pm)
Edmunds is a consumer oriented company and our numbers are based on real transactions. Kelley is biased toward dealers as are NADA, Galves, etc. and, as the article says, their numbers are suggestions -- your question really depends on which Kelley book (site?) you are referring to.   You know that Kelley has a consumer blue book and one just for subscribing dealers? For ~$400 a year you can get the Kelley Wholesale Blue Book. Guess which book the dealer will pull out when you go to trade?   Remember that none of the books will buy your trade, and our prices may not reflect what your car actually may sell for at auction tomorrow. For a real world cross check, look at Real-World Trade-In Values - Terry was within $100 of Edmunds TMV when I asked him about my recent Outback purchase.   Steve, Host
#440 of 472 Steve Host by hopeitsfriday Jul 26, 2003 (2:06 pm)
I use the WWW.KBB.com trade in value. Seem to me that most dealers are very close to those numbers when discussing trade ins, unless there are other reason why the dealer may want to pay you more, over stock, end of year, etc. Most dealers are along the line of KBB's trade in value for fair or good condition. The banks use NADA and its numbers are similar to KBB. In the case of trade in values, there is only once price, the price the dealer and the buyer agrees upon. Just wonder where the difference in number comes from. It may be that one use wholesale value plus some profit margin, and the other takes the average actual trade in transaction price, the only problem with a pricing structure like that is that alot of the time, a salesman will bring up the trade in value to supplement for other issues.
#441 of 472 more hitting the books by steve_ HOST Jul 26, 2003 (3:08 pm)
My seller, a retired banker, wanted to use NADA back in April to set prices. The price given was a lot higher ($2k) than I ultimately got my Outback for, since I had to use TMV, being a host here and all <g>. My theory was that the bank used NADA because it had higher numbers so the bank could justify bigger loans to people. I don't think my theory holds much water though.   From what I keep reading over in Real World Trade-In Values, the good dealers don't use the books anyway - they hit the auctions once a week or more and keep up with prices that way. They recognize the green peas because they're the ones thumbing through the books while the next car rolls through the ring.   Interesting stuff - I think our numbers are better for consumers. ymmv....   Steve, Host
#442 of 472 Trade-In with TMV by montreid Jul 26, 2003 (10:20 pm)
Deferring to our sponsor, let's see those 5 year numbers: I've used the mid-size vehicles for same class comparison:   Acura TL 2003 TMV: 29257          1997 TMV: 9585 (32%)   Buick Regal GS: 2003 TMV: 27688         After $4000 Rebate:23688                 1997 TMV: 4708 (20%)          Difference: 12% faster depreciation in the Buick over 5 years. This compares to the 1.5 year depreciation difference of: 30%--the gap closes as time goes on.

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