Tuesday, July 14, 2015

Piston Slap: The Cons of Recon Before Trade-in?

dirtycar

Low Miles, One Owner… (photo courtesy: www.parknshine.com)

TTAC commentator cwallace writes:

Sajeev,

Here's what's probably an easy question for you: Is it ever worth the money to update wear items on a car before trading it in?

My trusty 2007 Accord EX V6 is suddenly about to cost me some real money. With 154,000 miles on it, the tires are about shot, it needs new struts, there's a crack in the windshield, and the rear main seal is starting to make a mess of my driveway. Plus, my commute just got a lot longer, so the lack of creature comforts (like sound insulation, for heaven's sake) make me think I've got my money's worth from this car.

Other than those things, it looks good for its age, and everything else works just as it should. All that dealership service paid off, is what I tell myself.

Anyway, should I bother fixing the windshield and maybe putting a new set of tires on it before trading it in? If I were selling it to another person, I'd do that only because I am an ardent believer in karma, but I'm sure a dealer can do that work more cost effectively than I can — so should I bother?

(P.S., I'm taking over command of my wife's Mazda CX-9 and she's getting a Toyota Sienna, so it isn't going back to a Honda store, if that makes a difference somehow.)

Sajeev answers:

Good question. Perhaps a Honda store likes new tires as part of reconditioning your trade into a Certified Pre-Owned vehicle, but not with your Honda's age and mileage. Reconditioning for trade in is a slippery slope. Dealers usually expect to recondition (or dump at auction) and your "value add" won't mean as much to them as to you.

More to the point: Leave service records on the passenger seat and clean from bumper to bumper to get the most value on trade-in. Dirty, cluttered cars are both hard and/or time consuming to appraise and (more importantly) allude to overall vehicle neglect.

Why? Because it's a sad reality of trading in a vehicle. Your car — unless Certified Pre-Owned, with the assumed quality from that asking price — will likely be sold to someone who doesn't care about the quality of the reconditioning. New Michelin Pilot tires? The Kelly-Springfields look just as black and round to me. New glass? Nice, but the dealer probably gets it done for less.

Seeing a clean interior, fresh fluids, good (enough) tires, decent brakes, a solid Carfax and everything working on the test drive is a 99 percent guaranteed sale to someone.

While it's possible to demand more for your trade-in because of reconditioning, you must include that in the negotiation. If not, you'll get pennies on the dollar invested. Sell fully reconditioned cars for private party money on the open market for maximum profit. Otherwise, dump it as-is, and trade in like everyone else yearning for a new ride.

Send your queries to sajeev@thetruthaboutcars.com. Spare no details and ask for a speedy resolution if you're in a hurry…but be realistic, and use your make/model specific forums instead of TTAC for more timely advice.

The post Piston Slap: The Cons of Recon Before Trade-in? appeared first on The Truth About Cars.



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