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Value...
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Topher
Flamingo?
  
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Value...
So out of curiosity I was looking at the value of my little white box… Just cause I was interested and plus within the next year there is a possibility I might be selling it (I’ll explain in a second)
So initially I go to the Kelly Blue Book site… I use the “Used” function, they have squat for ’08 cars, they have Toyota, but only thing they have is the Corolla. So I go through the “New Car” route, and that was a dead end!
Does anyone know where to get an estimate of what these ‘08s are worth?
I said I’d get to it and I am… Presently my GF and I each have a car, we both live less than ½ a mile from work (her building is next to mine) in Downtown LA. And 80% of the time I walk, mornings when she is on time I ride with her because she has parking in her building at work. But we have two cars right now because I have night school, which is about 30 miles away (one way), and some nights she has to work late, but if my cards work out, I’ll graduate in December (this year), then I pop the question shortly after and then we’re on our way to married life. So if we both work so close to home and I really do not need my car, then why have two cars, when we can spit one? She has been looking because she is sick of her car, but I attempt to keep telling her to wait a little longer and we’ll get something together. Not to mention parking in Downtown LA is a bitch, there is one spot for where we live and it is like a ballet moving cars, looking for free/meter parking, and when there is an event (the NBA Finals have been hell for people who live Downtown).
And presently I am just curious… Want to know if I am upside-down or I have a little leverage, got the car in December, put $2K down and paying $300 a month for 60 or 66 months, can’t remember, I do pay over the minimum, I know that for sure!
Damn this was a novel, sorry!
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| 06-13-2008 02:06 PM |
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AzCajita
Ex Cub's Fan!
    
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RE: Value...
Go to CarMax and get a quote which is the higher end trade-in value...
Hey, it's easier to point the finger than admitting it...
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| 06-13-2008 02:43 PM |
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Tomas
Old Engineer
   
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RE: Value...
Yeah, Kelly and NADA probably don't have enough data (volume) yet on '08 used Scion sales to publish valid figures.
Even the figure from CarMax will be a wild guess this early in the cycle. 
Good luck!

Scion Docs
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| 06-13-2008 03:05 PM |
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SNOWJOB
First-gen Anti-Christ
   
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Out for a drive.
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RE: Value...
If you put $2k down and you have a 60 month note, you should be more than okay to sell.
Q: How many Gen 1 owners does it take to screw in a light bulb?
A: SHUT UP I HATE THESE NEW LIGHT BULBS I'M KEEPING MY OLD ONES FOREVER
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| 06-13-2008 07:52 PM |
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grnboxter
Senior Member
   
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RE: Value...
these cars are really hot on the market right now because of gas, so you should get top dollar for it so i wouldnt even worry about it too much.
Member #168
Please Donate Money For My Ride Mods. I Take All Kinds Of Payment. Just PM me. Thanks.
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| 06-13-2008 10:15 PM |
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SNOWJOB
First-gen Anti-Christ
   
Posts: 519
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Joined: Dec 2007
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Out for a drive.
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RE: Value...
I think he'd be able to get (at the very least) what he owes on the car.
I wish I could say that. I financed taxes/fees, 7/100K extended warranty, GAP and $1200 negative equity. There's no way I'd even be close to breaking even on my car for a while.
*sigh* - it was a dumb decision financially, but I'm happier with this car, so I'm okay.
Q: How many Gen 1 owners does it take to screw in a light bulb?
A: SHUT UP I HATE THESE NEW LIGHT BULBS I'M KEEPING MY OLD ONES FOREVER
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| 06-16-2008 04:18 PM |
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Topher
Flamingo?
  
Posts: 219
Group: Registered
Joined: Mar 2008
Status:
Out for a drive.
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RE: Value...
I think it would just depend on the buyer on what I would get in the end, hard because not very many of them have been resold.
Thanks for the advice, think I'll just keep driving it and paying for it, fun car to drive.
But I will admit, while researching stuff for my GF, I got drawn back into VW, would like to get a new GTI, they are so much fun to drive, but don't think it would be the right decision. I'll stick with the box for now
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| 06-17-2008 01:47 PM |
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