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What is a fair trade in value for this Outback?

7K views 38 replies 16 participants last post by  davidd  
#1 · (Edited)
Can anyone help me pin down a fair trade in value for my 2011 Outback, 2.5 limited, white with a light interior, good paint and Michelin tires with plenty of tread. original owner, no wrecks, no smoking but does have a few very minor door scuffs and dings. Not many but a few. Overall, when the car is cleaned up, it looks excellent. There is one small 1.5” split in the drivers seat leather from wear. it doesn’t look bad but if you look for it, you can see it. 88k miles. Recently had the valve body on tranny replaced by Subaru and is now running perfectly.

edit
car max offer $11k
kbb private sale 11.5
kbb trade 9.8


possible trade toward another Subaru at msrp. Thx
 
#6 ·
nobody will care about Michelins or that it looks excellent when cleaned up. It’s expected to have decent tires and some scuffs. Expect the dealer to offer you initially under what KBB says for fair to good. Forget excellent… most won’t even give that for a recently new vehicle. They will price it as such of course. I’d say you’re not far off on your KBB trade. If it were me I see $9200 on KBB. I would expect their 1st offer on trade to be $7500-$8000. I’d accept anything around $9000 as it’s close to the average. They may come up though because retail it putting low mileage older cars on the lot for crazy money now more than ever. I’d personally run with that Carmax offer as I wouldn’t expect any dealer to get anywhere near it. Good luck.
 
#8 ·
I got a number, 9500 today if the pending sale falls through and the new forester becomes available that was his first offer, suspect I might be able to squeeze him to 10k but not worth it until I know what the status is on the existing new car This offer was based on physical inspection.

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#7 ·
Those quotes sound about right. I sold my 2015 3.6R with 74k miles for $18,500 in January while the market was hot. It had 2 transmission replacements, torque converter replacement, window motor, trunk motor. Had a few long scratches the whole length of the car and a couple of paint chips. They didnt even bother to look closely at the condition they just said it looked good and bought it from me lol.
 
#9 ·
You are in a seller's market. KBB.com will give you a decent range to work from. It also looks like KBB will give you a cash offer.

Private sales will generally give you more money, because you are removing the middle man. That said unless you have time and inclination, sell the car separate from making the deal for a new car. That way you get the best for your sell and can haggle for the best on purchase.
 
#14 ·
Looks like I missed the hot window when the weather still sucked. I have a 2015 limited Outback with only 46.5k miles in great condition and I haven't gotten many people to come look at it in Central IN. Which I've found since I've sold 4 others, 3 on craiglist and always had several look sees in the first week.
Guess the dealer is going to win this round.
 
#16 ·
Looks like I missed the hot window when the weather still sucked. I have a 2015 limited Outback with only 46.5k miles in great condition and I haven't gotten many people to come look at it in Central IN. Which I've found since I've sold 4 others, 3 on craiglist and always had several look sees in the first week.
Guess the dealer is going to win this round.
Sell it to Carvana, Carmax, etc. They usually give you a better than fair price. No hassle.
 
#19 ·
I just looked up the data for our 2011 Outback 2.5i Premium, which we are possibly looking to sell. According to Kelly Blue Book, trade in values run $6846 - $8293 for this car, which is in good condition. Private party sales could bring $8747 - $10724.
 
#28 · (Edited)
What in the absolute h.e.l.l.??!

When I asked them for an offer on my 2015 Obk Ltd back in December, Carvana's offer was very low. Enough so I didn't even print it out, want to say like $14.5k, albout $10k less than KBB claimed the median value of their range for trade-in. Meanwhile Carmax said $21k and a local used place offered me $22k cash, which was almost $1k more than KBB online instant cash emailed me. I'm in central IN.

When I pinged co-workers who I had heard sold to Carvana for crazy high offers why they got a great offer but mine was so low, our conclusion was Carvana only want cars 5 years or newer. Easy enough, so I moved on and forgot about them.

In the last 2 weeks, I re-asked CarMax, they were almost the same as in Dec at $20,800. While I re-did KBB instant cash and asked some of the used Chevyu-brand dealerships that KBB partners with and both dropped $2-$3k-ish from their offers in December. We all know new car inventory is still low, my interpretation is CarMax must have similar inventory as Dec, while the KBB/Chevy ones must have plenty more relative to before.

For the heck of it -- since I'm counting down the hours until I trade this vehicle to the Subaru dealership as I buy a new Outback -- I just entered the VIN into Carvana now, took 3 mins to fill out the feature and got an offer of almost $23k, so a good margin higher than from any car-buying business at any point in the process.

It says my offer is good until June 17th, which I find weird since everywhere else on the website says offers are good for 1 week.

Does this make sense to anyone?
Should I be scared?

A couple people in threads have warned to be careful with Carvana. Their website makes it sound so dang easy, and that they even pick up the car which is when they pay you. This sounds along the lines of "too good to be true"

For next steps to finalize my offer, it says I need to upload photos of the odometer, title, and photo ID (says usually a driver's license. And I will be paid and schedule an appt for pick up or get instruction to drop off.

This is almost 2 grand more than Subaru dealership was going to give me taking into consideration what I gain in net sales tax credit so of course I'd like more money. Plus it has the bonus that we can pay of a higher interest loan with variable (that is of course jacking up with the Fed going up.)

Any and all advice is welcome as I've never sold a used car via anything but private party
(which I'm a veteran of, sold or bought like 12 over the last 20 years.)
 
#27 ·
In late 2021 / early 2022, Carvana was banned from doing business for 6 months here in the Raleigh / Durham / Chapel Hill area due to multiple cases of deceptive business practices. Anyone choosing to deal with them should ensure that you get everything IN WRITING in advance of any transaction.
 
#29 ·
For trade I would think the $11,000 in this market is good. I bought almost your exact car (premium not limited but the same milage) for $11,450 back in 2019 and I feel like I could list it for the same price and get bites now with 127k miles. If you were going to sell it yourself I would put it out there for $13,000 and see if you get any bites. Not sure the demand where you’re at, but I know here in Michigan clean, decent milage Outbacks do not stay on the market for long.
 
#39 ·
Looks like my post got semi hijacked so I lost track but wanted to share some details that you might find interesting from me as the OP. I ended up getting two More offers besides the figures mentioned above. Vroom was $8700 and caravans was 11.7k. i traded the car to the subaru dealer in exchange for a brand new forester premium with no dealer fee and no markup. Msrp plus ttt, no accessories either. They offered 10k which was appx 10.7 with tax benefit vs the 11k from carmax. Wasn’t interested in dealing with carvana. The interesting part is, the car is listed for 14,990 on their website. I’m happy with my deal, in totality, they treated me very well and will rate the salesperson and dealership five stars but am very surprised st how string they think the market is for an 11 year old Outback. they would have spent some but not a lot on conditioning and then negotiation so we will see how long they keep it.