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Real-World Trade-In Values

38827 messages, Last post on Nov 06, 2009 at 10:28 AM
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Replying to: dozer (Mar 24, 2006 10:34 pm) >>>Now for the stuff that differentiates them: '05 Black w/black, 12K miles, asking $25K '05 Gold w/taupe, 5.6K miles, asking $26K '06 Black w/black, 11 miles... I repeat 11 miles, asking $27K >>>I'm told the '06 is a "program" car whatever that means, with a new title. Although its warranty started ticking a few weeks ago when it was bought by the dealership. They actually have a bunch of the '06's all with under 15 miles... all priced at $27K with a manual or $28K with an auto... what gives???... could these be hurricane specials or something??? Thanks for any guidance you can provide. ~Jo ========================= For starters ... let me explain what a "program car" is, because that term gets used and abused all the time .... Most times (not all) a program car/truck is going to be the vehicle that a zone rep drove, actually any employee that works for the manufacturer or affiliated via advertising or suppliers .... (example only) if you look at some of the parking lots at the Ford assembly plants, you might see dozens of Volvo S80's or Jags or Mazda's that are parked in a certain area ... it's called the "B" lot, and these were driven by Ford/Jag/Mazda reps in the field, then offered to the employee's at the plant for "X" amount of dollars ... if they don't sell, they're off to the auction and sold from there -- that doesn't make them good and that doesn't make them bad, it's just the way things are done ... and if you look at Carsmack, it shows the orgination of the title out of Allen Park (MI) which happens to be Fords fleet/zone/employee department ... Another good example would be the Tiger Woods commercials .. when he wins, they pull a winners name and that person gets his Buick Lucerne ... there is also another 40/50 sitting in the parking lot that are used by PGA officials, other Pro's and other officials like at Bay tree and the TPC .... and dealers in the area will buy these and some might have 200 miles, some might have 14,000 miles, who knows ... but it will show as a "corporate" vehicle ... a "program car" is not a rental from Hertz or a vehicle that has been titled after corporate use .. Anywaaay ... now that I've bored you into a coma and I'm going to be late for my workout ... the 05's might have in and around the $20/21ish figure and the 06 is a "11 mile" mystery ..... if your going to search for vehicles, get a monthly subscription for Carsmack ($25.?) and pull the Vin#'s on each and everyone .... with Katrina and other unpleasant things in life it's always better to be safe than sorry ... Do you have any idea how many customers have looked me in the eye and said ... "I bought this car new and it's never been in an accident" ..... In the meantime, I pull the Carsmack and they're the 3rd owner and it's been in 2 accidents .. the last one being 6 months ago.! ........ Altzheimers maybe.?? ..l.o.l..... I'm thinkin' you need to go new ...... Terry.
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Replying to: dozer (Mar 24, 2006 10:34 pm) They could be tornado specials - the factory in Indiana was in the area of some tornados late last year. Some of these vehicles are now showing up at dealer lots as used.
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Replying to: sluri (Mar 24, 2006 3:09 pm) Well, let's assume a $12.5k trade price on a good day ... you could ASK $13,995 or even $14,495 ... and kick it to the curb for the first $13,500 that comes along ... HOWEVER, does your state allow you a tax break for trading it in? here in Jersey, if I get $12,500 on my trade, that is about $750 less tax I have to pay on the new car. So, effectively, I get $13,250 on that trade ... there is no way I'm spending the money on advertising and dealing with deadbeat tire kickers to make a couple hundred bucks. I'd gladly trade that in. That's me, though. I have a certain line I draw. Usually, if a car I'm trading is $10k or more, I feel I'll take the trade-in price (plus the tax savings) rather than go through the hassle of selling it myself.
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Replying to: robr2 (Mar 27, 2006 7:41 am)
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Tucson, AZ 1997/Toyota/Camry LE 4 dr sedan 4 cylinder/auto FWD 69578 miles gray/brown interior/ gray exterior moon roof (doesn't work) spoiler (paint fading) Superior wheels Anti-theft auto alarm keyless entry trunk lid doesn't line up perfectly with body -- not due to an auto accident-- but it stays closed and doesn't leak gasket missing from transmission shift control, otherwise interior in good condition exterior has scratches tires have 80% of tread left brakes good routine maintainance, low mileage in last year engine mounts bad, but safe to drive car I would appreciate a quick response. I posted this last week, but didn't receive a response. Thank you very much for your time, effort, and expertise. Elise |
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Replying to: qbrozen (Mar 27, 2006 9:02 am) thanks a million sluri |
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Looking for an opinion. My father is about due for a new to him car. Basically, he wants a v6 or v8 and would prefer if it isn't any older than a 2002. A car with a little bit of luxury wouldn't be bad. He puts on about 20,000 miles a year and therefore would like for the car to be reliable for at least the next 4 years. He would like to spend 16,000 to 18,000. Any suggestions?
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Replying to: robbieg (Mar 28, 2006 8:55 am) My other suggestion is a Volvo (again, a bit biased). Although its a 5-cyl in the S60, you wouldn't know it by driving it (especially the T5, which you could easily get an '02 with low miles in your range). Or he could step up to an S80 and get the 6-cyl. It might be tough to get an '02 S80 T6 under your cap, but not impossible. |
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Replying to: jaserb (Mar 27, 2006 2:24 pm) |
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My Mother-in-law is looking to trade in her Lexus RX300 for a new RX330 this week, to take advantage of the "2006 Closeouts," with the new RX350 being introduced. So, Terry, I'd certainly appreciate your advice on what a fair trade would be on this, as well as private party value, if we decide to go that route: In DENVER, 1999 Lexus RX300 AWD 130k miles White exterior/tan leather Pretty much loaded with options available at the time: Moonroof, tow package, Nakamichi audio, heated seats It was in a parking lot accident. Not severe, but the front bumper was replaced. Repairs were done well. Overall, nice condition for its age - no dents or dings, but some rock chips on the front. Tires only have about 5,000 miles on them. What do you think? Thanks a bunch! Bruce |
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