IS - 2nd Gen (2006-2013) Discussion about the 2006+ model IS models

Is this a good trade in value for my 06 IS 350?

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Old 12-29-07, 03:12 PM
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NINEZeRO
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Default Is this a good trade in value for my 06 IS 350?

A audi dealership offered me $29000. The original MSRP was 43500 blk/grey with lux pkg. I have about 23-24k mi on it and the paint has some swirls but no major blemish. Lexus used cars offered me 26k, BMW offered me 28k and another Audi dealership offered me 27k. The BMW and Audi dealerships who offered me less did it because they saw my car when it was lowered with after market wheels which were bent badly and said some bs about the car being tampered with. Anyways, I know 29000 is not an excellent deal but is its a reasonable one?
Old 12-29-07, 03:31 PM
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RHS7787
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KBB says thats about right for a good condition trade in. Even though its prob in excellent condition, they always price things at good. Are you in a hurry to sell it? Private party would probably give you between 2-4k more.

If you dont mind me asking, what are you looking to get?
Old 12-29-07, 03:50 PM
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NINEZeRO
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Originally Posted by RHS7787
KBB says thats about right for a good condition trade in. Even though its prob in excellent condition, they always price things at good. Are you in a hurry to sell it? Private party would probably give you between 2-4k more.

If you dont mind me asking, what are you looking to get?
I would be probably getting more for trade in but I also get a little over 2k in tax savings which would raise the comparable number to 31k and change. I'm really trying to avoid private party because I have not researched how to sell a car privately yet and didn't want to jump in without knowing anything. I am planning to get the S5. If I were to get a BMW 335i or xi I could probably get 500-1000 more for the trade in plus a 3k discount off the purchase price but the S5 is in such high demand so I don't have much room for negotiations.
Old 12-29-07, 03:53 PM
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Evitzee
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Impossible to tell if that is a good number or not. How much are you saving on the MSRP of your new vehicle? It's the total package price that is important, not the individual components. It is best to negotiate the price of the new car first, and then introduce your car as trade.
Old 12-29-07, 04:29 PM
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i think its sound about right. i called the lexus dealer on my is350 last week to see if i can get out of the lease and they said 36k. i think i have almost everything on the car and it was just under 47k. i put no money down and paid nothing when i picked up and im close to a wash already!!! only having the car for a year

How does the S5 drive?
Old 12-29-07, 04:41 PM
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Originally Posted by Evitzee
Impossible to tell if that is a good number or not. How much are you saving on the MSRP of your new vehicle? It's the total package price that is important, not the individual components. It is best to negotiate the price of the new car first, and then introduce your car as trade.
I don't think I can get any discount on the S5 right now. Actually there is one in the showroom (red car) but that car has been sitting in the showroom and hundreds of people have sat in it but the dealer offered me 1500 off. This car is in very high demand and if I dont take it, someone will very fast. Also, its a more exclusive car than the IS so I have even less bargaining power.
Old 12-29-07, 04:44 PM
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Originally Posted by passnu2
i think its sound about right. i called the lexus dealer on my is350 last week to see if i can get out of the lease and they said 36k. i think i have almost everything on the car and it was just under 47k. i put no money down and paid nothing when i picked up and im close to a wash already!!! only having the car for a year

How does the S5 drive?
Wow 11k loss after 1 year? Jeez. The S5 drives good. It's not a BMW but the car feels very nice. Its kind of a half sport, half luxury car. The V8 sounds really amazing and the car actually seems much faster than the numbers listed (0-60 in 5 sec and 1/4 in 13.3). When I test drove the car they just gave me the key and said take it for spin so I really pushed the car. I tried a launch and the AWD system made it seem so fast. The funny thing is the S5 is listed at not much faster than the IS 350 but when I got back in the IS it felt very weak.
Old 12-29-07, 06:13 PM
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ToothDoc
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Hey, I went to CarMax about a couple/few weeks ago thinking about selling my IS350. It is an 06 with Premium (no lux, no sport, no navi, with only 18") and sticker ws 38K + change. They offered me IN WRITING, 29,000 with 24,000 miles also. So, if YOUR 06 was 43,500 and MY 06 is 38,000 and we're both around 23, 24K miles... I'd saying you're getting about 2,500 less than you should... HOWEVER, with trade in and tax reduction it's all a wash. Couldn't you get a written quote from carmax and take THAT to the dealership?
Old 12-29-07, 07:55 PM
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Originally Posted by ToothDoc
Hey, I went to CarMax about a couple/few weeks ago thinking about selling my IS350. It is an 06 with Premium (no lux, no sport, no navi, with only 18") and sticker ws 38K + change. They offered me IN WRITING, 29,000 with 24,000 miles also. So, if YOUR 06 was 43,500 and MY 06 is 38,000 and we're both around 23, 24K miles... I'd saying you're getting about 2,500 less than you should... HOWEVER, with trade in and tax reduction it's all a wash. Couldn't you get a written quote from carmax and take THAT to the dealership?
does car max give private party values when they buy cars? those are not trade-in figures right?


Originally Posted by dominant1
sell it privately and get 35k for it, whatever new car you get will still be there when your ready... if you take the 29k you will see your car advertised on that lot the following week for 37k. they rip you off on trade ins....

right, but not quite that much. the suggested retail price is 35k so I can probably sell it for 32-33k privately vs me getting 29k + 2k tax savings isn't as much of a disparity, but ur right I lose 1-2k.
Old 12-29-07, 07:57 PM
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Originally Posted by ToothDoc
Hey, I went to CarMax about a couple/few weeks ago thinking about selling my IS350. It is an 06 with Premium (no lux, no sport, no navi, with only 18") and sticker ws 38K + change. They offered me IN WRITING, 29,000 with 24,000 miles also. So, if YOUR 06 was 43,500 and MY 06 is 38,000 and we're both around 23, 24K miles... I'd saying you're getting about 2,500 less than you should... HOWEVER, with trade in and tax reduction it's all a wash. Couldn't you get a written quote from carmax and take THAT to the dealership?
hmmm, I just did a estimate for your car on kbb and it gives a value with difference less than 1000. so its saying that the lux pkg and nav aren't worth anything? kbb doesn't seem reliable now.
Old 12-30-07, 08:02 AM
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Originally Posted by dominant1
sell it privately and get 35k for it, whatever new car you get will still be there when your ready... if you take the 29k you will see your car advertised on that lot the following week for 37k. they rip you off on trade ins....

No way he gets $35K for an '06.Especially in NJ where 250 AWDs dominate the roadways over 350s.
Trading in at $29K is equal to getting $31K with the tax savings.He can try to get $32K privately but he would have to ask $34K or so which would be too high for an '06.I wouldn't want the hassle with dealing with potential buyers which may net you maybe another $500...maybe..
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