Mazda3 Forums banner
Cancel

"Trade In" Experiences

3369 Views 22 Replies 11 Participants Last post by  Ryo, 
N
:) Hello,

Just curious as to how all of you who traded in a car when purchasing your M3 felt about the experience. Was there much haggling? Did you get what you expected? What did you trade? How much did you get?

Thanks!
Reply
Save
Like
1 - 20 of 23 Posts
D
Never trade-in if you own a Japanese car - they sell quickly.

If you don't... tough call
Reply
Save
Like
L
Yup yup.

I have never seen a trade-in deal that offered a competitive value in combination with a good price on the new car.

I sold my old car ('92 Accord) to CarMax for full KBB trade-in value ($1700). Could have gotten a few hundred dollars more if I sold it privately, but the expenses and hassles were not worth it to me personally.
Reply
Save
Like
T
If you trade in your old car for a new car, they will deduct the trade in value on the new car before they add the tax. In the other hand, you are saving some tax and some work on selling the car on your own. In your case, you live in toronto... if you trade in a car for $1000, you will save $150 tax....trade in for $10000 you will save $1500 tax....etc
Reply
Save
Like
D
But what I can get privately can easily beat this deal.

I can sell my Maxi for $2500-3000 or the dealer can give me $1500-1700 tops.

When I bought the PRO they wanted to give me less than $4000 for my Civic that I sold for $6000 in less than a week with a Star ad.

In a large city where imports are preferred, selling privately is the way to go - it all depends on the market.
Reply
Save
Like
B
Traded in an '01 Nissan Frontier. Dealer gave me $14k when it only booked at around $11k :D
Reply
Save
Like
D
Again, it depends on your area (supply/demand)
Reply
Save
Like
chickmod
I traded in my 12 yr old 626. They gave me 500$ for it, which was pretty good-we went several places and that was the most offered. Guess I should have donated it to charity and -taken the tax deduction but I wasn't thinking about it.
Reply
Save
Like
B
dinu01 said:
Again, it depends on your area (supply/demand)
Click to expand...
I live 10 minutes from where Frontiers are made, no huge demand here, or anywhere else for that matter, and obviously plenty of supply. :D
Reply
Save
Like
N
THANKS!!! ONE QUESTION....

dinu01 said:
But what I can get privately can easily beat this deal.


When I bought the PRO they wanted to give me less than $4000 for my Civic that I sold for $6000 in less than a week with a Star ad.

quote]

Thanks for all the help! I have a 93Civic Si Hatch (Orig owner) with aftermarket Rims, 235K, I just paid $1600 to fix both quarter panels (remove rust, new metal, re-paint) after my neighbour backed into her (he paid $1100 of the cost), she's also got new tires (Yes I know... "her" :wink: ... had her 10 years, she'll be missed) Anyway, a dealer I spoke with offered $3K... Am I dreaming when I think I can get $5K in a private sales ... Thanks for your opinions!!!!
Click to expand...
Reply
Save
Like
R
Blah, they wanted $2000 for my 97 Acura 2.2 CL with 97,000mi.

I sold it privately for $5300.
Reply
Save
Like
N
Re: THANKS!!! ONE QUESTION....

[quote="Nel... Am I dreaming when I think I can get $5K in a private sales ... Thanks for your opinions!!!![/quote]

BTW... that's $5K CDN or about $3700 USD
Reply
Save
Like
D
Re: THANKS!!! ONE QUESTION....

Nel said:
I have a 93Civic Si Hatch (Orig owner) with aftermarket Rims, 235K, I just paid $1600 to fix both quarter panels (remove rust, new metal, re-paint) after my neighbour backed into her (he paid $1100 of the cost), she's also got new tires (Yes I know... "her" :wink: ... had her 10 years, she'll be missed) Anyway, a dealer I spoke with offered $3K... Am I dreaming when I think I can get $5K in a private sales ... Thanks for your opinions!!!!
Click to expand...
93 Si, 235K. If the brakes/tires/CV boots/rad/gasket/muffler looks good, I'd want $3500-4000.

Hold on to it and the deals will come - but NOT from a dealer. Try autotrader.ca to see what similar cars go for.
Reply
Save
Like
N
Re: THANKS!!! ONE QUESTION....

dinu01 said:
[93 Si, 235K. If the brakes/tires/CV boots/rad/gasket/muffler looks good, I'd want $3500-4000.

Hold on to it and the delas will come - but NOT from a dealer. Try autotrader.ca to see what similar cars go for.
Click to expand...
Thanks for the input dinu01, the only question mark would be the rad, brakes, tires, & muffler were all replaced within the last 6 months.... I guess I was hoping for more as I've seen lots of Pre 90 Civics selling in the trader for $3K :(
Reply
Save
Like
D
If they're new that's better - now with new parts in the car you can expect $4000-4500 after haggling. My main worry w/Civics of that age is the head gasket, but you're selling not buying:)

Your other advantage is that it's an Si. Also how the A/C works will affect your car's desirability on the market. I bet it's as good as new now:)
Reply
Save
Like
D
don't trade in at the dealer you're buying your car from... try other dealers or car buying establishments... once you've found one, talk to your dealer and see if they will do an "in and out" services... this way, you get to look for more bids on your car and still get tax breaks... an even better way is to find a private buyer and do the same "in and out" services with your dealer... you get the benefit of selling the car at closer to retail plus get the tax benefits.. i almost did this but my buyer couldn't commit in the end. usually, the service will cost somewhere around $100 - 300... which is nothing compared to all the benefits..
Reply
Save
Like
B
:?: Tax benefits :?: :?
Reply
Save
Like
H
When I bought my 3 hatchback, the salesman initially raved about my 1996 Saturn SL1, but the evil old used-car guy on the lot (who I never saw, of course) turned his nose up at it and offered $750, which they later grudingly bumped up to $1000. Edmunds and Kelly said to expect around $2300-$2400 from a dealer, so I decided not to trade in. With a time investment of about five hours, I sold the car--to the first folks who showed up--for $3250.

-- Harry
Reply
Save
Like
D
I bought a Winning blue Hatchback

I traded a 2001 Honda Accord VP and was quoted 6 k

I still owed 3 k on it

then I said im leaving

Then he went to the manager and came back with 7.5k

so I said ok I will stay

Then I gave hime a credit card and told him to take out 5 k

Then I went to finance, and now I am at 237 a month for the remainder of the cost which is 11k
See less See more
Reply
Save
Like
R
im looking at trading in my se-r for an mz3. the best quote ive had for a trade in is 17000. how does that sound?
but keep in mind that ive only had my car 10 months and theres about 15500 kms on it
Reply
Save
Like
1 - 20 of 23 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Mazda3 Forums
A forum community dedicated to Mazda 3 and all Mazda vehicle owners and enthusiasts. Come join the discussion about MazdaSpeed performance, modifications, classifieds, troubleshooting, maintenance, and more!
Full Forum Listing
Explore Our Forums
For Sale | M3F Mazda3 (Axela) MazdaSpeed 2004-2009 Exterior Modifications Modifications
Top