Versa worth?

[BlackMetal]

It is a shame what these cars are actually worth after driven off the lot. So far I have seen the new vehicle prices swing from 12,200 to over 16K. A Good neighbor purchased a sedan about 7 months ago, decided it did not have enough Zoooom and traded the car in to the same dealership network on a new Mustang, they beat her over the head on the trade in and she got 10K for the almost new versa... What a joke!...

we have an 09 HB S with 13K and in mint condition, what that worth??? buttkiss I`ll bet... But we soley bought this car for the economy and roomy interior for these bad economic times and fuel prices, BUT I sure do miss our 2005 Xterra SE...

[Andrews Chalmers]

I'm surprised she even got 10k for a Versa sedan, new or not new.

She was in no position to really bargain - she was unhappy with a new car, obviously didn't do her research, and the dealer had no incentive to lower their profit if they know she's unhappy with her existing vehicle.

Entry-level cars never hold value well - the Versa isn't unique and harder to find like a Golf TDI, and new ones are being pushed off the lot - so the 2nd hand market is terrible.

[BlackMetal]

you can`t assume she didn`t do any research, some people do have regrets on a purchase. they went to the same dealer they have been doing business with for years, so just maybe that is where the problem lies. she just made a sacrifice to get the car she did want.
I was a repeat customer of a Ford dealer for years until I found the dealer to try and sneek one past me and I called them out on it and never went back and they lost a customer, thats what brought me to nissan... now since I bought 2 vehicles from the same dealer, lets see what happens when i come back for a third...

[Andrews Chalmers]

you can`t assume she didn`t do any research, some people do have regrets on a purchase.

Um no offense - but regrets on a purchase is like going with a Versa, and regretting having not gotten the Fit.

Going from a Nissan Versa sedan to a Ford Mustang? That's a bit of a stretch.

[BlackMetal]

no worries, no harm no foul!

I do regret getting rid of my Tow vehicle, a 2007 E250 and now tow with the Altima, but it was a sacrifice I had to make. 15mpg VS 30, a no brainer for now...

[Promise Land]

your '09 is worth about $10k trade-in.

[BlackMetal]

your '09 is worth about $10k trade-in.

Thanks PL...
looking to keep it tho for a while yet...

[Tacuvito]

Check out the Kelly Blue Book website if anyone is interested in trade in value or private party. Here is the link:

http://www.kbb.com/?trid=4&psid=3-1346- ... 26758309_1

[Silver Eagle]

They always say the best car you can buy is one which is a year old and therefor is still under warranty, the major drop in price will run your car for years against someone who has bought the same car new in cost terms. The next cheapest car you can have is one you keep for ten years, assuming it is not a problem car and neads constant repairs done. As for second hand prices dealers all work from their "Blue Book" and don't stray too far on price. There are advantages when you have no trade in car, or when they need to shift a model before the new model comes in. They may be pushing for cash flow when the market is slowing down and you can pick up a good deal on a new car but it is never better than the 1 year old car as its p[rice will also have been reduced. The car we are looking for is from the buyer who after a year or less thinks the car does not meet their needs for whatever reason and trades it in. Top of the range models with all the bells and whistles hold their price slightly better than the basic models.

[JHR16DE]

It is a shame what these cars are actually worth after driven off the lot.

I agree. I own a 2010 1.6 and Nissan offered $3K for it even before the year was over! I went to get my oil changed and they had a 2011 6speed hatch(not a huge fan of the hatch but I've always wanted a 6speed) for $13K which isnt bad but again, they offered $3K for my 2010 and I owe $8K so the rest would've gone on the hatch and that would've put me at around $300-$320/month which is double the payment on my 2010. I know mine is a 1.6 and it was wrecked but damn, I was expecting atleast $5K.

[mitchellhuth]

When I went to buy my 2010 HB they had '08 and '09 models on the lot for more than I paid for the new car and then they want to low ball you on a trade. I got no beef with a person selling cars for a profit, but it seems hard to find a dealer who is not out to rip you off.

[christian1]

always sell at Carmax they give you more money than the dealer

[aidan80]

I traded my 2009 S Hatchback, Manual Locks/Doors etc it was a stripped down S in excellent shape. It'd been in 3 accidents all minor, had the rear quarters painted, rear hatch replaced and the bumper replaced. I got $9,700 for it when trading it into a dealer on a new vehicle. I paid $13,500 out the door for the same car in late 2009 lol! I tried Carmax and they only offered me $9,000 for it.

[kc5f]

Did you pay $9700 less for the new car than you would have if you'd paid cash? One time when I bought a car, the sales rep basically said, "OK, we can discount the car $2000 and give you a $4000 trade-in, or give a $1000 discount and a $5000 trade-in, or you can buy at list and we'll give a $6000 trade-in. It all comes out the same." Still, it sounds like you got a pretty good deal on trading in a basic S that has had problems!

[aidan80]

Did you pay $9700 less for the new car than you would have if you'd paid cash? One time when I bought a car, the sales rep basically said, "OK, we can discount the car $2000 and give you a $4000 trade-in, or give a $1000 discount and a $5000 trade-in, or you can buy at list and we'll give a $6000 trade-in. It all comes out the same." Still, it sounds like you got a pretty good deal on trading in a basic S that has had problems!

Yes they like to toss around the figures alright! I owed less than the trade so they paid off the loan with the remainder becoming a credit towards the new car. Which technically was "used" as it had a bit over 1,000 miles on it. I left a stripped down 1.8S which I liked and enjoyed a lot and got into a fully loaded Soul with 3 years maintenance, 5 years roadside, and 60k mile bumper to bumper warranty. Yes my loan amount went up but overall I walked away with the same payment and a lower interest rate lol