(Apologies if someone's already posted on this; I searched and didn't find anything.)
Kelly Blue Book now has values on used 2001 MDX's. They hadn't previously because there weren't enough sales to establish the value.
This link will take you to the "trade-in" values, which is what they claim a dealer will give you (as opposed to a private sale, which they also have).
Just for laughs, I queried for a few sample trade-in values for my zip code (Redmond, WA) ...
Touring w/o Nav, 18k miles, excellent condition: $32,995 "trade-in value" (88.1% of the original MSRP purchase price w/o accessories).
"Retail value" is $36,835 (price to sell to private party; note this is fairly overstated, as discussed below).
- Running boards add a whopping $100
- Nav adds $685
(Note that with resale values, accessories usually bring in small fractions of their original price.)
Premium w/o Nav, 18k miles, excellent condition: $30,405 "trade-in value."
Caveats:
- No one knows how the vehicle will depreciate in future years, or how newer vehicles will depreciate. The MDX's initial popularity may be making early used values higher than it'll eventually be.
- KBB pricing is structured to benefit the auto dealer. Trade-in values are usually low-balled to favor the dealer, and then some dealers try to go under the value. Retail values are usually inflated and are often a starting price before negotiations.
- Since MDX's are generally selling at MSRP or above, the percentage of actual value retained may not be as good as a heavily-discounted competitor.
That said, here's how some competitors did:
2001 Lexus RX300, 18k miles, excellent condition, well-equipped (no Nak or nav): $30,395.
2001 MB ML320, 18k miles, excellent condition, well-equipped: $32,365 trade-in.
The Lexus probably sold for around $36k - $37k, the ML320 for $39k - $42k.
Kelly Blue Book now has values on used 2001 MDX's. They hadn't previously because there weren't enough sales to establish the value.
This link will take you to the "trade-in" values, which is what they claim a dealer will give you (as opposed to a private sale, which they also have).
Just for laughs, I queried for a few sample trade-in values for my zip code (Redmond, WA) ...
Touring w/o Nav, 18k miles, excellent condition: $32,995 "trade-in value" (88.1% of the original MSRP purchase price w/o accessories).
"Retail value" is $36,835 (price to sell to private party; note this is fairly overstated, as discussed below).
- Running boards add a whopping $100
- Nav adds $685
(Note that with resale values, accessories usually bring in small fractions of their original price.)
Premium w/o Nav, 18k miles, excellent condition: $30,405 "trade-in value."
Caveats:
- No one knows how the vehicle will depreciate in future years, or how newer vehicles will depreciate. The MDX's initial popularity may be making early used values higher than it'll eventually be.
- KBB pricing is structured to benefit the auto dealer. Trade-in values are usually low-balled to favor the dealer, and then some dealers try to go under the value. Retail values are usually inflated and are often a starting price before negotiations.
- Since MDX's are generally selling at MSRP or above, the percentage of actual value retained may not be as good as a heavily-discounted competitor.
That said, here's how some competitors did:
2001 Lexus RX300, 18k miles, excellent condition, well-equipped (no Nak or nav): $30,395.
2001 MB ML320, 18k miles, excellent condition, well-equipped: $32,365 trade-in.
The Lexus probably sold for around $36k - $37k, the ML320 for $39k - $42k.