I was responding to another thread and was searching the net for information to use.

I happened on Motor Trends web site and according to them, my '06 Monte is only worth $12,450 trade in value.

I owe more then that on the car right now and I've never missed a payment or paid late.

This sucks!!!!!





Mileage
Trade-In-Value
Retail Value


Clean
Average
Rough
Excellent
Clean
Average
Rough

1 - 12,000
$12,550
$11,398
N/A
$15,910
$15,175
$13,375
N/A

12,001 - 20,000
$12,450
$11,298
N/A
$15,810
$15,075
$13,275
N/A

20,001 - 25,000
$12,350
$11,198
N/A
$15,710
$14,975
$13,175
N/A

25,001 - 30,000
$12,250
$11,098
N/A
$15,435

 

that sucks ***, hense why id NEVER even consider leasing a ride

 

I didn't lease mine, but I financed it through my bank. I owe just above what it's now worth. Thanks to interest and the quick declining value of the car.

 

mines only worth 7k....

 

Here is the NADA...



Base Price
$5,250
$6,275
$7,100
$8,875

Mileage - 94,000 miles

-$500

Power Seat
$175

Leather Seats
$300

Aluminum/Alloy Wheels


Power Sunroof

$400

TOTAL PRICE

$9,250*



And the Kelly Blue Book trade in... mines in excellent shape too.... people actually come up to me at shows thinking it can't be anymore than a couple years old... like an 06-07 or so (if they only knew their MC body styles









Condition
Value





Excellent [/align]
$5,100
[/align]





Good [/align]
$4,675
[/align]





Fair [/align]
$3,950



Clean Retail on the KBB....









Condition
Value





Excellent [/align]
$9,015

Still doing okay considering I payed $9500 for it I guess...

 

our cars are priceless to us. That's what matters. Who cares what we can sell it for? I don't plan on selling mine.

I understand that you guys can get upset owing more on the car than it is worth, but as long as you don't get into an accident and love the car, what should it matter? You were willing to make those payments from the start because you fell in love with the car, why should that change now that a few numbers have.

 

That's the way financing works. The bank is going to get their money first, hence, you pay the interest up front. And if you think you're deal sucks, I have an '07 Ford F-150 Lariat Supercrew, fully loaded, thatI bought in July of '07. It stickered at $36,600. I drove it out for $33,000 and financed $30,000. I now owe $23,500 ( I think these numbers are close, I'm doing this off the top of my head and the memory ain't what it used to be). It has 37,000 miles on it. Because of the economy right now, you can buy this same truckas a new '08 and get it for around $26,000. It's a good thing I love my truck,cuz I'm stuck with it.

 

I am in the same boat. I am trying to sell my Mini Cooper outright because trade in value is totally ridiculous at the moment. The best I can get trade in value is 14-15k. And Mini Cooper S is ranked one of the top cars that keep it’s value. It is a highly optioned car that stickered for 28500k and it has very low miles [:@]

 

kelly blue book says my car is worth $900


wow thank god i got it outright lol, and now that i know that ill never get anywhere near what its worth ill be stuck with it forever

 

I understand that you guys can get upset owing more on the car than it is worth, but as long as you don't get into an accident and love the car, what should it matter? You were willing to make those payments from the start because you fell in love with the car, why should that change now that a few numbers have.

I was going to post GOOD thing I didn't pay full price on the car. Cause I'd still owe like $23,000 and it's only worth $12,450.
[sm=chairshot.gif][sm=headbang.gif][sm=jawdrop.gif]


Not sure I ever mentioned this? But about 2 weeks ago I got a flier from the Chevy dealer I got my '06 Monte at.
They want to buy my '06 Monte back from me.
But only so I'll buy a NEW car from them.

No thanks. I'll keep my 2006 Monte Carlo LTZ. [sm=icon_cheers.gif]