Trade in value is aweful!!

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Old 05-21-2004 | 03:07 PM
  #1  
MaCe's Avatar
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fellow MASShole
 
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From: western mass
Trade in value is aweful!!

was bored so i decided to check out the rides trade in value

97 2.2 5 spd no leather 78 k excellent condition

$5,755 thats basically how much i owe on the fawkin thing

thats trade in value i know im sure i can get more from a person to person but still this is shit

whats everyone elses at ? im curious to see the zip code difference
Old 05-21-2004 | 03:20 PM
  #2  
CLpower's Avatar
teh Senior Instigator
 
Joined: Sep 2000
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From: Huntington Beach, CA -> Ashburn, VA -> Raleigh, NC -> Walnut Creek, CA
it's pretty shitty, but even the 2nd gens have hit stupidly low marks, type S's are trading at auction for less then 14K


last i checked mine was around 10K I believe.
Old 05-21-2004 | 03:31 PM
  #3  
DigiBox's Avatar
Lots of JDM parts on my
 
Joined: Mar 2001
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From: San Jose fo' life!!!!
Now, go to a dealership and see what they offer. That number was totally off from what I got.

I didn't get crap for mine on a trade in.. Just did it anyway.. Didn't want the hassle of trying to sell it privately. You should get more if you do so. You figure, with the financing as low as it is, more people are buying new. So, the used car market at a dealership isn't very good.
Old 05-21-2004 | 03:41 PM
  #4  
Skoon21's Avatar
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i got a '98 2.3... 5 speed with leather, spoiler and 67,000mi. and trade in value is $6,750 (Buffalo) my same car in Tampa is worth $500 more... (kbb.com) must be because of weather conditions and the beating it has on cars up north... shitty
Old 05-21-2004 | 07:52 PM
  #5  
chef chris's Avatar
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From: Northern DEL-A-Where?
Trade in is always aweful, you should never trade in your ride.

Especially in this market with the flood of newer vehicles and BIG rebates. Pushes everything down.
Old 05-21-2004 | 07:55 PM
  #6  
wilp99's Avatar
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From: TAMPA
$7,350 99 cl 3.0 105k miles. tampa 33616 excelent cond.
$9,620 private party.
$11,900 suggested retail.
Old 05-21-2004 | 10:33 PM
  #7  
DrDre1443's Avatar
112K and on 1st tranny!
 
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From: Charlotte
WOW MACE!

i wont try to be sarcastic, but....

your car is 7+ years old with almost 80,000 miles, its the base model, it's a first year edition, it's a manual, and its a four cylinder.....no leather, heated seats, bose(?) or homelink......


HMMM...considering that your car is still worth over 25% of original price, I'd say that's a pretty damn good value for your car!

Lexus leads the pack with resale value. a typical lexus with 35-40,000 miles at the 3 year mark will fetch 54-54.5% resale value from MSRP.


considering your car is over twice as old with twice the mileage, and is NO lexus (i.e.: we have plastics in engine bay), the fact that your resale value is half the 50-something percent comparatively to the lexus is a great value.

i know 5,000 some odd bucks might suck when you mighta bought it for 10 or 15 a few years ago, but sometimes it helps to compare it to other luxury models to see how they hold up as well.

you'll also find that, over the next 5-6 years, your value will hold very steady, as that hondas "bottom out" as a certain value after so many years and models and that the value they keep is an indicator of the value of reliable transportation.




---This has been a public service announcement from your friendly ex-car salesman CL'er---
Old 05-21-2004 | 10:44 PM
  #8  
baka_t's Avatar
The movement has started
 
Joined: Apr 2003
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From: Hawaii
The value is so low on my car that It was more worth it just too keep it.
Old 05-22-2004 | 08:47 PM
  #9  
MaCe's Avatar
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fellow MASShole
 
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From: western mass
Originally posted by DrDre1443
WOW MACE!

i wont try to be sarcastic, but....

your car is 7+ years old with almost 80,000 miles, its the base model, it's a first year edition, it's a manual, and its a four cylinder.....no leather, heated seats, bose(?) or homelink......


HMMM...considering that your car is still worth over 25% of original price, I'd say that's a pretty damn good value for your car!
ya ya ya still sucks ass ....

oh and BOSE BLOWS anyway .. just wish i had the leather
Old 05-22-2004 | 08:50 PM
  #10  
haiduc's Avatar
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From: Rockville, MD
i got 3,500 for a base 97 2.2 5spd w/ 110k on the odo..... and decent condition.
Old 05-22-2004 | 10:39 PM
  #11  
Sarlacc's Avatar
The Third Ball
 
Joined: Sep 2002
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From: Los Angeles, Ca
The subaru dealer was willing to give me 9500 for my 99 with 39K that would have been the exact amount i owe on it.

Contemplated it, but they werent working to make any deals on the STi
Old 05-23-2004 | 07:27 AM
  #12  
MaCe's Avatar
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fellow MASShole
 
Joined: Nov 2001
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From: western mass
Originally posted by haiduc
i got 3,500 for a base 97 2.2 5spd w/ 110k on the odo..... and decent condition.
... i was lookin at used a4's the other day wonderin how much ide get for teh ride

now i know what to expect .... 3500 shit that doesnt even cover what i owe
Old 05-23-2004 | 11:50 AM
  #13  
infamouz trunkz's Avatar
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From: houston tx
damn i didnt noe that some cl's come w/o leather...so how does the front seats look like???
Old 05-23-2004 | 12:52 PM
  #14  
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From: St. Louis, Mo USA
just do a search... all the non premiums dont have it...
Old 05-23-2004 | 12:55 PM
  #15  
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From: St. Louis, Mo USA
i just looked at kbb.com and came up with $7,315 trade

or 9255

not bad i think my dad paid 11 a year and a half ago ive put on about 18K miles
Old 05-23-2004 | 03:36 PM
  #16  
jakelovescake's Avatar
Payer of high insurance
 
Joined: Jan 2004
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From: mass
mace sorry to hijack thread but you pm box is full... i was wondering if you went to umass cause a saw a shaved black cl when i was thur about a month ago.
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