trade in value for 2004 SR5 V6

sonos

New member
I have an 04' 4Runner with 72,000 miles. I went to www.kbb.com and it gives me a trade in value of $8,000 while www.edmunds.com gives a value of $12,000. Anybody with a recent experience of trading in their vihicle? If anyone is interested I live in Southern California and it's color is gold. Very good shape including an aftermarket Alpine stereo with subwoofer.
 
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Suv resale is in the tank. Speaking of the tank: If you can wait another month or two people will less 'afraid' as fuel continues to get cheaper. That will help the value. 8k or 12K? I am not sure, it's probably between the two but local markets vary so much it's hard to know.

Good luck!
:cheers:
 
Did you happen to check the retail and private party values though too? I think you'd be suprised at the gap between the two. Dealerships are practically stealing SUV's from owners via trade-in values, but they're not really discounting them on the lots. Sure, they're down maybe a grand on the lots, but they're down maybe $4 or $5 grand on the trade-in value.
 
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I have an 04 SE V8 and I just priced mine out at around $16500 for "outstanding" and $15,500 for "good" on edmunds.com. Thats with 80,000 miles.

Are you sure you did it right on their websites? SUVs have taken a hit, but the 4runner is a little more unique than say a Ford Explorer. The reliability for one and the fact that it is actually an offroading SUV means there should still be some sort of market for it.

I hope at least:confused:
 
Never ever trade in your car. Sell it yourself. I agree the SUV values are in the gutter nowadays, but a clean and well maintained car will always match it's value. And there is a buyer for every car there.... ;)
 
He's probably referring to the '05 being better because it got powertrain upgrades, 5-speed transmission for the V6, VVT-i for the V8.
 
simple said:
Explain yourself.

2003/2004 were the "getting the bugs worked out years" for the 4th gen. lot of changes and up-dates. If you like that body style 2005 is the year.
Why ?
4speed trans , no side air bags (rare option on sr5)
Outdated V-8 and many small changes and updates.

With All SUV's resale in the tank ,For the same price
would a smart buyer want a 03/04 or a 05 and up ?
 
05Rrunner said:
2003/2004 were the "getting the bugs worked out years" for the 4th gen. lot of changes and up-dates. If you like that body style 2005 is the year.
Why ?
4speed trans , no side air bags (rare option on sr5)
Outdated V-8 and many small changes and updates.

With All SUV's resale in the tank ,For the same price
would a smart buyer want a 03/04 or a 05 and up ?

I understand your logic, but 9 out of 10 buyers out there are NOT "Smart" buyers. They wouldn't even know the first thing about Engines, options and model year changes. That is why finding "The" Buyer is the key to getting a righteous value for your car...
 
San Diego Dealer offered me $8,500 for my 04

I have an 04 SE V8. It was a stretch to get the dealer to get over $8K. I passed. 87K miles, clean, garaged, non smoker, new brakes. I have also had very little activity from Autotrader and Craigslist. I'm listed at $11,999 in both of those. Good Luck
 

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