Rogue resale value

[balancesheet1]

I have a 2009 AWD SL fully loaded with front and rear bumper guards, spoiler and in mirror back up camera. Mileage is low (only about16,000 miles) and I keep the car in pretty good condition. I did a quick check (Kelly Blue Book and Auto Trader.com) and the values ranged from $16,000 to $18,000. Does this sound right or realistic? Any thoughts?

[dolbydj]

I just went in and test drove a Rav4, they gave me $9000 Cdn for a 2009 Awd S with 40,000 miles. It also depends if you are trading it in or selling it yourself.

[Rogue One]

Profit margins for new vehicles are tight. On the hand, used vehicles are where they can see the most most profit. If you want to get the most money for your old vehicle, you'll have to sell it yourself. The dealership will always lowball their trade-in offer, that way they can resell it at a handsome profit. Although I don't think they should, the dealership will adjust their offer based on the new vehicle you intend to buy from them.

Take a day or two and have your vehicle appraised at different dealerships, including those of competing brands. Don't be disappointed if they all tend to be on the low side, it's how the game's played.

[darylzero]

I have a 2009 AWD SL fully loaded with front and rear bumper guards, spoiler and in mirror back up camera. Mileage is low (only about16,000 miles) and I keep the car in pretty good condition. I did a quick check (Kelly Blue Book and Auto Trader.com) and the values ranged from $16,000 to $18,000. Does this sound right or realistic? Any thoughts?

I would say yours should be close to the $18,000 mark if not a little more. It has always been said when you drive your brand new car off the lot you lose 30% of what it's worth.
If you know you only want a new car for 3 years or so then you should lease it.

[followingnfront]

OP go to autotrader.com and look at the price of 09 Rogues in your area with your mileage and see how much they are going for. Something tells me you can buy one for between $16k and $18k.... If that is the case, expect to get around $14k or less on trade.

Edit: I just looked on autotrader.com.... It looks like you can get an 09 Rogue SL with 20k or less for anywhere between $18k and $20k at a Nissan dealer as a Certified Pre-Owned... So realistically, you are probably looking at $15k for your trade IMO. But it all depends on where you live

[balancesheet1]

Thanks for all of your comments and just to let everyone know what I found out - I went to several non-Nissan dealers and the trade in values I received ranged from $15,000 to 16,000 ($16,000 to $17,000 after the tax savings).

[followingnfront]

Cool! Just be careful of the jargon they use and dont take their word as gold. Look at the numbers and do your own math... They can tell you theyll give you $20k for yours and just end up adding $4k onto the price of the new car youre buying in the way of fees, a higher apr, etc... Also, dont feel all warm and fuzzy about that $1k in tax savings... Its all a numbers game to them, and they bank on the numbers the say and the numbers they write being slightly different ;-).

So settle on a price of the car youre going to buy first, dont mention a trade..... Dont mention buying or leasing blah blah blah... Just get the best otd price for the car like youre paying cash... Then tell them youve got a trade... negotiate a trade in price... Then tell them how youll be paying; finance, lease, etc... Then negotiate percentages, payments. Thats how all the experts say to do it. It gives them less places to shift money back and forth and puts you in the positiin to make the best deal for your pockets.

[scott9050]

For trade in values use the NADA guide as it is what dealers will be basing values on. The NADA states that because of the low mileage your vehicle is worth $18,375 as a clean trade and $17350 as an average trade.

Trade numbers are like the price negotiation, the first number will be low. My favorite line is "So and so over at the other dealership said they would give me $$$$ more for it so I might have to go to them". That tactic got me $1500 more when I bought my Frontier with an already established sale price.

[followingnfront]

For trade in values use the NADA guide as it is what dealers will be basing values on. The NADA states that because of the low mileage your vehicle is worth $18,375 as a clean trade and $17350 as an average trade.

Trade numbers are like the price negotiation, the first number will be low. My favorite line is "So and so over at the other dealership said they would give me $$$$ more for it so I might have to go to them". That tactic got me $1500 more when I bought my Frontier with an already established sale price.

Dealers in my are state that they dont use nada... they use "black book" or something plus they look at what theyre going for in the area (market value).... that $18k
price is too high for a trade since you can buy the car at the dealer for that much. He was on the ball with $15-$16k