Well I owe about $29k and have 21k miles. It might take me longer to sell privately than to trade it in. Will dealership go by NADA or KBB value? My local Lexus dealership have two vehicle that I want to take a look at. A '14 4runner LE with 18k miles for $39998 the other vehicle is a Fully loaded '13 GX460 Premium with Accessory F sport wheels and Front grille. The GX460 is priced at $47000 but its has 63k miles.
Those are horrible prices!
2014 with 18,000 miles for $40k?
unknown year GX460 with 63,000 miles @$47k?
WTF?
truecar.com is you friend.
When I bought my 2015 4runner limited (with 3rd row seat), with the blizzard pearl paint price adder, no auto running boards. I paid $42,300 brand new. It came with 100 miles because the dealer had to do a long distance trade and ended up driving the vehicle. Whatever I didn't care. I also didn't haggle for the couple of hundred bucks. What I needed was the 4runner on my driveway ASAP as my new born son was less than 4 weeks away, and my Honda s2000 wasn't going to cut it anymore.
At the same time, I was also shopping for a 2014 GX460 (base trim level), starfire pearl, nav package, and tow hitch receiver. I offered a local lexus dealer $46,500 the car wasn't in their possession (at another dealership), the sales guy said no and I thanked him for his time and walked. 2 weeks later he called me back and said ok, $46,500 but I already already driving my 4runner limited for a week long at that time.
These are Northern California prices (does not include, tax, title, license).
You need to find some better deals.