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09-10-2010, 05:16 PM | #1 |
Drives: 08 Yaris sedan auto / Fit auto Join Date: Oct 2009
Location: northeast
Posts: 2,897
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What the heck!!! 2010 Yaris KBB value
Looked up the trade in value for a 2010 Yaris 3 door HB with auto, all weather and power package. Only 10650 miles and the trade in value is only $9525 for good condition and $10175 for excellent condition. That's over $4000 drop since purchasing it in Jan of this year. Probably due to all of the recalls. There are lawsuits against Toyota for this reason.
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09-10-2010, 05:32 PM | #2 |
Drives: 2008 Yaris LB Join Date: Jul 2010
Location: PA
Posts: 899
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Welcome to the world of autos aka the worst investment one can make.
Fwiw trade will always be the lowest value for a car. |
09-10-2010, 05:36 PM | #3 |
Drives: Yaris HB Join Date: Jul 2007
Location: Central Alabama, GOD BLESS AMERICA
Posts: 755
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Yeah, look up what they sell for used at the dealers - probably only a thousand less than the new price, $11-12,000. Regardless, its a new car - the first mile is the most expensive mile.
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09-10-2010, 06:01 PM | #4 |
Drives: 2008 Yaris LB Join Date: Jul 2010
Location: PA
Posts: 899
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Some poor guy bought mine new for $13500 and got it less than two years later with 19k mi for 8500 otd
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09-10-2010, 06:43 PM | #5 |
Mr. 155 and climbing
Drives: Seriously Modded 07 Sedan Join Date: Jun 2006
Location: In The Hotbox
Posts: 4,742
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I just refinanced my 07 Sport with 42k and they said the wholesale on it was only 7600...I paid 16k for mine when I bought it new. They said high retail was 11,300 and trade in was around 6800...so, yeah, when my ex-wife asks if I want more power why I don't buy something else I have to look at my investment and say, "are you f'in nuts?" I will lose so much if I sell and get something else, besides, I love the damned car.
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Team Tiamat Racing on Facebook Youtube Channel: Team Tiamat Racing Class record holder in Land Speed @ 154.5mph for 1.5 mile and 145.5mph in the mile in the F (2.016 to 3.014 L), G (1.524 to 2.015 L), and H (1.016 to 1.523 L) classes. |
09-10-2010, 06:44 PM | #6 |
Mr. 155 and climbing
Drives: Seriously Modded 07 Sedan Join Date: Jun 2006
Location: In The Hotbox
Posts: 4,742
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another thing to note is that a lot of banks if not most don't use KBB, they use NADA which prices different depending upon your region.
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Team Tiamat Racing on Facebook Youtube Channel: Team Tiamat Racing Class record holder in Land Speed @ 154.5mph for 1.5 mile and 145.5mph in the mile in the F (2.016 to 3.014 L), G (1.524 to 2.015 L), and H (1.016 to 1.523 L) classes. |
09-10-2010, 07:31 PM | #7 |
$10.25/hr frying chicken
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I got 2850 in trade on a 2003 focus with 108,000 miles in crappy condtion, its worth to haggel
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09-10-2010, 09:01 PM | #8 |
Only Happy When it Rains
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Pricing
Rough Trade Average Trade Clean Trade CleanRetail Base Price $5,400 $6,350 $7,100 $9,425 Mileage: 57,000 -$175 -$175 -$175 -$175 This is NADA's pricing for my 2007. You just have to look around, but kbb is used by dealers because it usually has the lowest numbers. So basically if i cleaned my car up nice, and put it all back together I could sell it for $9k, which means I spent $1k a year to drive it. That is rather amazing.
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Colin Chapman disciple |
09-10-2010, 09:20 PM | #9 |
Could be worse by buying American.
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http://www.youtube.com/user/ProjectYaris |
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09-10-2010, 11:10 PM | #10 |
Drives: 07 Yaris S Sedan 5-Speed Join Date: Oct 2008
Location: Massachusetts
Posts: 2,179
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Hershey, that is a very typical drop. Remember, we're talking TRADE value, not what the car is actually worth. Dealers give peanuts for trades because they need to make a good profit after any repairs and maintenance they need to do to the car. And this has nothing to do with the recalls to address non-existent problems that werae really the result of driver incompetence.
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09-11-2010, 12:59 PM | #11 |
Banned
Drives: 07 sedan Join Date: Mar 2010
Location: new mexico
Posts: 292
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Does the OP do anything besides bash toyota these days?
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09-11-2010, 01:15 PM | #12 |
Drives: Yaris sedan Join Date: Jun 2010
Location: Northern Virginia (Fairfax, VA)
Posts: 141
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i am pretty sure all Toyotas has a high resale value...
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09-11-2010, 11:18 PM | #13 |
Drives: 08 Yaris sedan auto / Fit auto Join Date: Oct 2009
Location: northeast
Posts: 2,897
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Hershey, that is a very typical drop. Remember, we're talking TRADE value, not what the car is actually worth .
Quite aware of that . We've been dealing with dealers for over 20 years . When we bought the '09 5 door auto with power package and all weather package in MARCH of 2009 with a M.S.R.P. of $15,975 -$1,000 TOYO rebate and a dealer discount of $1,175 equaling $13,800 with 11,000+ miles we were given $11,750 ( GOOD condition ) towards the 2010 3 door bought in mid JAN. 2010 . That's about 11 months with a drop of $2,050 . The 2010 3 door auto with power package and all weather package with 10,650 mis. had a M.S.R.P. of $15,823 with a $750 TOYO rebate and $750 dealer discount making it $14,363 . K.B.B. as of now is $10,175 for EXCELLENT and $9,525 for GOOD . That's a drop of $4,188 for the EXCELLENT value in about 9 months . Was told by one MAZDA dealer go by K.B.B. GOOD condtion , not EXCELLENT . Then there's the GOOD condition trade in value making a drop of $4,838 !!! That's over 2X less the book value compared to 1 and 1/2 years ago . Last edited by Hershey; 09-12-2010 at 02:09 AM. |
09-11-2010, 11:20 PM | #14 |
Drives: 08 Yaris sedan auto / Fit auto Join Date: Oct 2009
Location: northeast
Posts: 2,897
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09-11-2010, 11:38 PM | #15 |
Drives: 08 Yaris sedan auto / Fit auto Join Date: Oct 2009
Location: northeast
Posts: 2,897
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Does the OP do anything besides bash TOYOTA these days .
Like we planned 2 YARIS with same head gasket leak . Care less about seniority on this site , don't mean squat . |
09-11-2010, 11:40 PM | #16 |
Drives: 08 Yaris sedan auto / Fit auto Join Date: Oct 2009
Location: northeast
Posts: 2,897
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Was told by other MAZDA dealer they go by AUCTION prices . Screw that sh*t . We'll just keep the YARII and hope for the best . Knock on metal hoods of YARII .
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09-12-2010, 12:08 AM | #17 |
$10.25/hr frying chicken
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or sell it private party?
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09-12-2010, 12:22 AM | #18 |
Drives: 08 Yaris sedan auto / Fit auto Join Date: Oct 2009
Location: northeast
Posts: 2,897
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