Trading in an Avensis - estimated value

Tiger12

Hi, we are hoping to trade in our 2005 Toyota Avensis D-4D 2.0 T3 SPORT 5DR, Diesel and were just wondering what we should expect to get in a trade in. It is a UK import bought in 2008 and we have its full service history from the UK. It has 143,455 miles on the clock and is in excellent condition. I was hoping to get around 3k for it but talking to a sales guy over the phone today and he was only prepared to give 1750 for it (without seeing it, he might give more when he does). Another dealer we spoke to during the week was prepared to give the 3K but we decided against that car as it is just out of our price range. So realistically what can we expect to get??

quadrifoglio verde

Tiger12 wrote: »

Hi, we are hoping to trade in our 2005 Toyota Avensis D-4D 2.0 T3 SPORT 5DR, Diesel and were just wondering what we should expect to get in a trade in. It is a UK import bought in 2008 and we have its full service history from the UK. It has 143,455 miles on the clock and is in excellent condition. I was hoping to get around 3k for it but talking to a sales guy over the phone today and he was only prepared to give 1750 for it (without seeing it, he might give more when he does). Another dealer we spoke to during the week was prepared to give the 3K but we decided against that car as it is just out of our price range. So realistically what can we expect to get??

I'd have thought between 2.5 and 3 as a private sale

Tiger12

Thanks. So on a trade in you'd expect half that? Damn, maybe we should try to sell it privately so. Its just we have our eye on a Mazda 3 and are going to look at it tomorrow. Sure will still go and will see what your man says

Toyotafanboi

Tiger12 wrote: »

Thanks. So on a trade in you'd expect half that? Damn, maybe we should try to sell it privately so. Its just we have our eye on a Mazda 3 and are going to look at it tomorrow. Sure will still go and will see what your man says

if that car has NCT, its worth approximately €4000 in a private sale.

http://cars.donedeal.ie/find/cars/for-sale/Galway%20Leitrim%20Mayo%20Roscommon%20Sligo%20Clare%20Cork%20Kerry%20Limerick%20Tipperary%20Waterford%20Carlow%20Dublin%20Kildare%20Kilkenny%20Laois%20Longford%20Louth%20Meath%20Offaly%20Westmeath%20Wexford%20Wicklow/?filters[fuelType]=Diesel&filters[make]=Toyota&filters[model]=Avensis&ranges[year_from]=2005&ranges[year_to]=2005

sorry for the long link, but look at the average prices of 05 avensis diesels here. your mileage isn't that high for the car/engine/ age. t3 is a nice spec and avensis are always in demand. you'd have absolutely no trouble getting €3.5k privately imo if the car is tidy.

obviously when trading in, it's the cost to change and overall deal you need to look at and also if it suits you to offload the avensis quickly with none of the hassle of a private sale. that said, 1750 is a lowball price for it for sure.

if you havn't begun dealings yet, find out what the straight sale price of the car is, then later into negotiations mention that you have a trade in and then see which price/ deal suits you better.

Tiger12

Thanks Toyotafanboi. It has its NCT until January 2015,there will be no bother passing it as there are no issues. The only reason we are looking to sell is that the tax is a killer, 200 euro every 3 months, ouch. Personally I would rather try to sell it privately as in my research I have seen what dealers were looking for for similar cars, some up to 6k. Try convincing my husband of that though, lol. He has his mind set on this Mazda. He has already spoken to the dealer in relation to it, (trade price 5950, cash price is 5250). I suppose he doesn't want the hassle of a private sale and the fact it could take awhile to sell as well doesn't appeal to him. I definitely won't be taking 1750 for the Avensis. It is worth so much more than that. As I said in my opening post I'd be happy with 3k but that probably won't happen trading it in.

colm_mcm

You have to appreciate that the trade in price also includes some discount on the newer car. What sort of Mazda would you be getting for €5250

bazz26

Trade-in value is a distorted figure if you are trading it in for another used car as any generous trade-in allowance can be just added back onto the price of the newer car. The cost to trade-up price is the important figure.

If you are looking at trading it into a main franchised dealer then the prices you are being quoted are because main franchised dealers will not retail a car of that age or mileage because there is no profit in prepping in for resale and putting warranty on it, they will instead sell it on to smaller dealers who can happily turnover a smaller profit on selling it.

So in order to sell it on to smaller dealers they need to buy it at below the "trade" price in order to make a few quid profit on deal. Trade price is where dealers trade cars between each other like a private sale where there is no warranty between them.

Better off selling it privately and then negotiating a straight deal discount off the newer car.

quadrifoglio verde

Tiger12 wrote: »

Thanks Toyotafanboi. It has its NCT until January 2015,there will be no bother passing it as there are no issues. The only reason we are looking to sell is that the tax is a killer, 200 euro every 3 months, ouch. Personally I would rather try to sell it privately as in my research I have seen what dealers were looking for for similar cars, some up to 6k. Try convincing my husband of that though, lol. He has his mind set on this Mazda. He has already spoken to the dealer in relation to it, (trade price 5950, cash price is 5250). I suppose he doesn't want the hassle of a private sale and the fact it could take awhile to sell as well doesn't appeal to him. I definitely won't be taking 1750 for the Avensis. It is worth so much more than that. As I said in my opening post I'd be happy with 3k but that probably won't happen trading it in.

You'll be a long time seeing the tax savings, spending a couple of grand to save a few hundred each year. Not to mention higher depreciation on the mazda

Tiger12

Thanks all. Food for thought. Its a 2007 Mazda 3. Maybe we should just hold onto the avensis.

bazz26

The reason you are getting more for your car from one dealer is because you are trading it against a car of higher value. This gives the dealer more scope for profit on the deal whereas the other dealer has to lower the trade-in value of your car in order to make a profit on the deal.

colm_mcm

Tiger12 wrote: »

Thanks all. Food for thought. Its a 2007 Mazda 3. Maybe we should just hold onto the avensis.

Petrol or diesel?

Tiger12

petrol 1.6 so as well as saving on road tax also saving on insurance by coming down from a 2l

colm_mcm

What way would you finance the cost to change to the mazda

Tiger12

We'd have to borrow so not saving anything really, it just wouldn't be 10 years old in January. The loan would be over 2 or 3 years depending on repayments. Hmm, I'll just have to convince him to hang onto it

colm_mcm

I'd sooner pay the little bit extra on tax than repayments on a loan for a potentially inferior car.

An annual nct isn't a bad thing either. Its an incentive to keep the car in good order and solve issues as they happen rather than for the test.

quadrifoglio verde

Tiger12 wrote: »

petrol 1.6 so as well as saving on road tax also saving on insurance by coming down from a 2l

Yes but what about mpg? How many miles are you doing a year.
On the insurance issue, you might be surprised unless your both 18. The savings aren't massive. Put it this way for me at 21 with 3 years Ncb it was 200 more for the year to have a 156 2.5 v6 over a 1.2 polo. Nearly 4 times the power.

If your buying purely from a money saving point of view you need to sit down with a pencil and do the maths. It's rare that anyone saves money by buying a newer car.....

Now ignore all that if you're buying because you want a new car and younger plate, but you mention saving money as a reason, you rarely save money when you have to spend thousands to do so

colm_mcm

Also, the tax thing. Put €60 by at the end of each month for tax (in an envelope, post office, wherever) and it'll make it less painful.

pablo128

I paid 1700 for a T4 Avensis D4D 2 months ago. Same mileage and year as your own. In fairness it needed some work which the seller was honest about.
In the weeks leading up to that, I was looking out for one. I had the money for one in good condition, but being an ex mechanic and a mean wh0re, I was also loooking for ones which needed work. Retail on a good one is around the 3k mark or maybe slightly less.
You will sell it privately in a heartbeat if it's a good car.

Tiger12

18, I wish, lol. Closer to 40 I'm afraid. We wouldn't be doing much miles in a year. We both work in the same town we live in, 8 mins up the road to work. Think there was 101,000 miles on the clock when we bought it in 2009 and it now has 143,00 miles so it isn't driven much. Mostly to and from work and short trips bar in the summer where it might be driven further for day trips while on holidays. He is looking at it as having a new car with younger plates.

colm_mcm

You'd want to be aiming higher than 07 to be fair if that's the main reason to change.

TitianGerm

Tiger12 wrote: »

18, I wish, lol. Closer to 40 I'm afraid. We wouldn't be doing much miles in a year. We both work in the same town we live in, 8 mins up the road to work. Think there was 101,000 miles on the clock when we bought it in 2009 and it now has 143,00 miles so it isn't driven much. Mostly to and from work and short trips bar in the summer where it might be driven further for day trips while on holidays. He is looking at it as having a new car with younger plates.

I have a 2007 mazda 3 1.6 petrol. I'm in the process of changing mine and have been offered between 3250 and 5600 on a trade in for mine. Although that is against cars selling for 17500.
On average I get about 6.5 to 7 l/100 km. This involves alot of town driving and twice a week a 50km round trip. It's also cheap enough to service at around 150 from a main dealer. No timing belt either so that's a plus.
If you want any more info about the cars send me a pm and I'll try help best I can.

quadrifoglio verde

Tiger12 wrote: »

18, I wish, lol. Closer to 40 I'm afraid. We wouldn't be doing much miles in a year. We both work in the same town we live in, 8 mins up the road to work. Think there was 101,000 miles on the clock when we bought it in 2009 and it now has 143,00 miles so it isn't driven much. Mostly to and from work and short trips bar in the summer where it might be driven further for day trips while on holidays. He is looking at it as having a new car with younger plates.

If their is nothing wrong with it, I wouldn't be changing it to save 55 every three months. One way that you'll knock 100 off your tax bill is pay it all in one go (borrow the 700 euro from the credit union and pay it back over 52 weeks as it'll work out cheaper than paying tax every three months). It isn't worth changing, especially if the car is in good condition. Id understand if you were going from a 2005 to a 2010 for the reasoning of wanting a new car, but you never save money by spending money

FrontDoor

I wouldn't go near a dealer to do a deal from an 05 to 07.

That Avensis is a very good car, running well and expensive to tax. It will sell all day long at I'd imagine 3k.

The Mazda is a petrol, 1.6 and not particularly desirable. You could buy one of these private handy enough.

To be honest, the mazda isn't on the same planet as the Avensis, except maybe around town.