I see people reference recent sells occasionally. Is that only available to dealers, or can I find prices somewhere online?
I see people reference recent sells occasionally. Is that only available to dealers, or can I find prices somewhere online?
Manheim, but it's dealer only.
What you looking for, i have access and can give you some prices, or was it a more general question?
collectorcarpricetracker.com is the only one I know of that doesn't require you to be a dealer. I have access to all the dealer sites, but I'm not willing to sell out all my fellow dealers in the trade.
The more access retail customers have to our wholesale information, the harder our profession becomes. Because, clearly, if a car costs $5000 wholesale, we're ripping someone off by selling it for $6000. Our time, capital outlay and the warranties we are required to give are without value, because we are're the big, bad car dealers.
Well, if a car costs $3k at auction and you're selling it for $12,500, yeah, you're kind of ripping people off, especially if you will only PAY $3k for it in trade. (and yes, I've seen that exact same scenario recently, with a dealer that wanted double full retail for an '01 740i Sport and was only willing to give auction price for a trade in...)
That's the sucky part. It used to be that you could get NADA book trade in when trading in a car, now they want to give auction prices for it, but still want to take full retail (or more) for the car on their lot that they bought at auction. When you have a really clean trade (like many of us enthusiasts do) it's a bit of an insult not to be offered even book trade in value for the car when you get to the dealership. So knowing beforehand what the auction price might be would make the decision to even go there easier.
If a guy can buy a $3k car at auction and then double or triple his money at resale, more power to him.
Nobody has a gun pointed at your head forcing you to pay his asking price.
Does anyone think dealers have no overhead?
Now, if they knowingly sell you a E36 M3 box and hides that fact from his customer then that's a different story.
its about knowing your trade in purchasing power before going in. Why even have book trade in values from KBB or NADA if the dealrs are just going to lowball you with auction prices? But want to charge you full boat retail. There's profit and then there's gouging.
Chris_V wrote: Well, if a car costs $3k at auction and you're selling it for $12,500, yeah, you're kind of ripping people off, especially if you will only PAY $3k for it in trade. (and yes, I've seen that exact same scenario recently, with a dealer that wanted double full retail for an '01 740i Sport and was only willing to give auction price for a trade in...) That's the sucky part. It used to be that you could get NADA book trade in when trading in a car, now they want to give auction prices for it, but still want to take full retail (or more) for the car on their lot that they bought at auction. When you have a really clean trade (like many of us enthusiasts do) it's a bit of an insult not to be offered even book trade in value for the car when you get to the dealership. So knowing beforehand what the auction price might be would make the decision to even go there easier.
this is a VERY rare scenario. In reality, being a car dealer is a difficult way to make a living. Besides, if the car is WORTH the asking price, who gives a E36 M3 what the seller paid? My personal car was bought privately & was such a good deal that I don't care if the seller won it in a raffle!
M030 wrote: this is a VERY rare scenario. In reality, being a car dealer is a difficult way to make a living. Besides, if the car is WORTH the asking price, who gives a E36 M3 what the seller paid? My personal car was bought privately & was such a good deal that I don't care if the seller won it in a raffle!
Okey doke. Thats why dealerships around here BEG for trade-ins; everyone knows that the dealers make more money on used vehicles, especially when they TAKE ADVANTAGE (yes, that is a thing, taking advantage of someone who doesn't know better by giving them a low trade in value, thats not just business).
At the end of the day, dealers operating the way they do has caused the situation they are in. And just how they feel no pity for the person they are screwing, I likewise feel no pity for them :)
eBay works for me. I simply check on the past sold auctions to get the average on a specific car. Works great on newer cars. Older cars varies quite a bit.
pimpm3 wrote: What you looking for, i have access and can give you some prices, or was it a more general question?
Sorry I missed this. It was more general.... but if somebody would indulge me I am curious what off lease (not rental) 2011 and 2012 Honda Odyssey LX are getting.
rbauctions.com (Richie Brothers) sells a whack of cars and trucks and you can view all the history after you register online. And there are Richie Brothers sites in every province and state so you get local results
EBay, check the "completed sales" box on the left.
It really doesn't matter what the person before you paid. What if they got screwed on their deal? Should you pay more in that case? I should hope not
I was looking at trading a 2009 STI with 46k miles in on a new car. The dealer first came back with $17k because its only in "fair" condition. KBB and NADA both said $17k was somewhere 'between beat to hell and back' and 'its not quite totaled.' After questioning what made it "fair" the salesman admitted that it was someone else that looked at the car then back peddled with the "well you're around it every day so you won't notice it but we will!" card. Funny because the car has had me in it 99% of the time so the rest of the car is pretty much as it left the show room, I take care of the space I occupy, and I don't tote around live stock.
Finally he pulled the "this is what it will sell for at auction plus who would pay that for a 5 year old car?" card. Ironically that same family of dealers had a 2013 STI for $2k less than the 2014 sticker for the same car! Yeah, who in their right mind would pay $2k less for a used STI with an unknown history when they can get a new and unmolested one for mere dollars more.
Yeah I have no sympathy for dealers. berkeley off and if you want to buy/sell cars at auction go for it - you just won't be making that profit off of me. Either be a dealer or be an auctioneer.
In reply to atm92484:
An 09 Sti with that mileage goes for about 24k at the auction. That dealer was retarded.
a 2011 Odyssey LX goes for 15k with 29k miles to 10K with 90K miles
a 2012 Odyssey LX goes for 18.5k with 17k miles to 13.5k with 50k miles
Wow, I came in here because I have interest interest in such a website and got to witness a bar brawl. Nice.
Also, that is very interesting Pimpm3. I would be all over a $15k 2011 Odyssey with less than 30k miles and I don't even have kids yet!
The dealer got me with that as well on my last buy. I wasn't familiar with the whole auction price thing. So they pressured me on the trade by showing me what it was going for at auction versus taking the book value. The thing is Carmax wasn't gonna give me any more than the dealer so I kinda was in a bind (they offered $1k less actually). That and it was a manual transmission Buick Regal GS.
Actually thinking back on it I probably got as much as I was gonna get out of that car.
In reply to pimpm3: gracias
And I agree with you SS!
I always swing a potential trade-in by CarMax first, just so in the event I get low-balled at the dealer I am negotiating with, I can whip out that piece of paper and they immediately change their tune. They prefer newer, one-owner cars with clean accident history (and can actually be pretty competitive on beige cars). That being said, I know what I am willing to take for my trade-in before I even show up, and if they can't meet me (or come really close, discount the purchase price, etc.), then no deal.
That Collector Car Price Tracker is pretty neat, by the way.
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