Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I am thinking about trading in my Toyota Camry for a new car. How do I determine if the dealer's trade-in offer is fair? It is a 2002 Toyoyta Camry XLE, leather seats, sunroof, in good condition. 94,000 miles.
I think NADA comes closer, but they're not going to be totally off. The big thing is "condition" everyone thinks their car is in good condition. Good means they could give it a quick detail and put it on the showroom floor. It isn't flawless, but its good. No paint touch up, no dent removal, no worn tires, no worn brake pads, no significant dents, scuffs, fading, stains, etc. It's relative to the age of the car. No one expects a 2002 to look as good as a 2012.
Try to get at least the middle value of the three. Be objective in your evaluation of your vehicle's condition. Don't expect the best price unless it's fully detailed, clean, shiny, absolutely rust-free, and well maintained with nothing needed such as brakes and tires; in other words, truly excellent.
> How do I determine if the dealer's trade-in offer is fair?
Start off by assuming his first offer is way too low, perhaps by almost a factor of two.
The various websites suggested above are a good way to get an estimated value. The dealer will explain that they can never value that high because they will sell the car for auction.
Good luck, if you are stubborn enough you may eventually get a fair offer.
> How do I determine if the dealer's trade-in offer is fair?
Start off by assuming his first offer is way too low, perhaps by almost a factor of two.
The various websites suggested above are a good way to get an estimated value. The dealer will explain that they can never value that high because they will sell the car for auction.
Good luck, if you are stubborn enough you may eventually get a fair offer.
It's a 2002 and it's not a Ferrari, of course it's being sold at auction.
You might want to consider selling it yourself, if it's in good condition. Last time I sold a car, I had it cleaned (detailed) inside, and had the paint buffed outside. It looked great, sold quickly for the asking price, which was Edmund's private sale price.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
