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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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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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Repost, just out of curiousity.... Hey Terry, Hope all is well with you.. its been awhile since I've posted here, been a little busy w/ new job, kid, house, etc... but checked in every once in awhile for smiles. Playing much golf lately? Did you ever pull the trigger on a house in NC or are you still lingering around north FL? or both? Anyways, I pulled the trigger last week on an '05 G35. Traded in the black I35. Here's the details for your information... bought '05 G35 sedan auto rwd. Black w/ black interior. typical options, heated seats, etc... 21,000 miles. great condition, really well kept, hardly a scratch on it. Certified used Infiniti dealership Infinity. Traded '02 I35. black w/ black interior. well equipped, including the heated seats, steering wheel. 58,xxx miles. few scratches and knicks here and there and on the front, probably typical for a 4-year old car. was going to need new tires soon plus typical maintenance when you start reaching the 60-70k mile range. Everything else was decent shape, it was a certified used from Infiniti when I bought it so it still had some warranty left. OTD $27,5 w/ taxes and all. Written up as even wash on trade/payoff ($14k on payoff/trade allowance). paying $26,4 for the G35 plus taxes, tags, etc... on the difference. East Tennessee area. felt it was fair for both parties.... thanks. butchbr73 |
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Help for a friend, so sorry about th eskimpy details. This might be a Matias question anyway! SO, a friend is trying to help 2 co-workers with a deal. One guy is selling a T bird, the other wants to buy it, and they are looking for a reasonably unbiased opinion to make sure it is a fair deal. All I know is that it is a 1-owner '95 Bird with 184K on it, and the owner is truly anal about maintenance, so the car looks like it has closer to 84K than 184K. So, assuming it is super clean, no hits/runs/errors, and checks out mechanically (tires good, no immediate needs), is $1,600 a fair price all around? I know that once you get close to 1K mostly you find junk, so this might be a slight premium, but you are paying for history and care on this one. All opinions welcome! Oh, it is in N. Jersey, where everything always costs more (except for gas).
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Replying to: stickguy (Mar 29, 2006 6:13 am) Bird V-8 loaded 48k miles from a older fella near my aunts house in so. jersey for $2000. Ford dealer offered him $500 on a new Focus trade ! The kid wanted a Z-28 or TA but all the ones we looked at were whipped ! Last day we were there the kid relented and settled on the T-bird. 1 WOT changed his mind ! Not 1 problem in a bit over a year !!!!!!!!! |
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Replying to: stickguy (Mar 29, 2006 6:13 am) However, do realize that you are buying a car with 185k miles vehicle. Perhaps the car will last 2-3 years and you will get your money's worth. However, do realize that the vehicle COULD die within the 1st 10k miles. If the person can accept the financial risk, do it. It the person needs an extremely reliable car that "MUST" make it to work, I would take a pass. |
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Replying to: rroyce10 (Mar 18, 2006 10:20 am) >**************************************************** ... **Terry.... We have found at a Lexus dealer 2002 Lexus GS300, white, 27,000mi, fully equipped, gold badging except no Mark Lev audio. Dealer has attached CPO label. Asking $29,999. Haven't been to see it yet. Located in Greensboro, NC area What are your thoughts before we take a trip to see/deal? What is your thought on what we should start with as an offer and what might it take for us to come home with this one? ======================= Greensboro, huh....? 02 GS300 with 27k .... sounds like it might be a nice one ..... the miles are way way low, the color is right right right and we got a little CPO action .......... if -- the rubber is from yesterday, the history is right, the service is complete and the paint is puuuurfect and it needs -0- ..... then the dealer probably paid the mid/tall $20ish figure, maybe even dropped hard into the low $21ish figure ... figure some service - $300, maybe some rubber - $250, a this and that - $200, and lets drop the CPO in there - $1,100 .... so it probably hits the table at in and around the super tall $22,8ishishishish figure ....... $29,990 ......? .. nice vehicle, but that's a little on the steep side .. I'm guessing there's a new Corum watch in the console...? If it's truly a nice one, a real CPO and no paint by numbers ... then you should be able to snatch this one for in and around the $25ish range ..... Good luck and let me know ........ ********************************************************** `Thought I'd update: pulled the trigger yesterday on this one. Wife and I ventured about 100 miles to the particular Lexus dealer. This 2002 GS300 was "pristine" actually had only 25,200 miles, "Carsmack" had no issues, pulled the service records (all complete/on time), new tires, used the 'paint tester' over all the car, it is 'certified' CPO, local owner .... I tried to follow your guidelines. Was listed at 29,990 able to get it for 27,100 before taxes and tags. Wife very satisfied with it. I was satisfied with the whole process and final price. Took all of 3 1/2 hours and she was driving it home behind me!! Thanks for the help! |
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BTW: If that bird is a v-8 (v-6s too?) have a mechanic do a cooling system pressure check. Those year(s) and up ford/merc/lincolns have the famous composit (spl) aka plastic intake manifolds which crack and leak........
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I have come accross a used car place in Metro ATL GA, that has a 2K Q45. Details: 106K Miles JNKBY31A4YM302078 Cashmere Spoiler Heated, dual power seats. Anniversary Edition Decent tires Bozo audio. The shop is asking $12.5K for it. Is this a good and fair price? |
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Location: Twin Cities, MN Year/Make/Model: 2005 Honda CRV EX Engine: 2.4L 5-speed manual Driveline: AWD Mileage: 11K Color: Silver Moss Ext/Black Interior Major Options: All EX options moonroof, alloys, 6-disc, power everything, no aftermarket options Condition: Good, looks like it did when we bought it last June except a kid keyed it parked on the street last weekend. Want to sell the car private-party after having body shop fix key scratch. Am wondering what these things really pull in the private market. Paid $21,5K for it in June '05 and blue book is telling me $19,9K is a fair asking price for good condition private party. What kind of real money would you guys expect to see this car get? Reason we are selling is one of us got a job downtown and is taking the bus everyday instead of driving, car just doesn't get used. Thanks for your advice! |
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I am looking at getting a new minivan and was wondering what my two minivans are worth (trying to decide which one to trade in). Thanks in advance Location: NYC/NJ Year/Make/Model: 2003/GMC/Safari Body Style: Minivan Engine: 4.3 liter, 6 cylinder, auto Driveline: AWD Mileage: 34000 Color: pewter/beige Major Options: SLE, alloys Condition: very good Tires - 20% worn Other: No damages, clean Carfax Location: NYC/NJ Year/Make/Model: 2002/Chrysler/Town & Country Body Style: Minivan Engine: 6 cylinder, auto Driveline: AWD Mileage: 36000 Color: white/beige Major Options: EX, alloys, leather, power sliders/rear hatch Condition: very good Tires - 20% worn Other: No damages, clean Carfax |
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