Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community - FT86CLUB

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-   -   Anyone trade in their FRS yet? (https://www.ft86club.com/forums/showthread.php?t=37709)

shawnperolis 05-28-2013 03:29 PM

Anyone trade in their FRS yet?
 
I think I have to trade my FRS in for a more practical car. I'm having kids soon and I need a four door... My insurance rates are about to skyrocket because of a pretty extreme traffic violation and I just don't want to keep a sports car right now. A lot of crap is happening at once basically and I just need to get rid of it.

What do you think I'll get for my FRS? Whiteout with less than 5k on it... Really good condition, it only has a scuff on one of the rims from a curb.

FRSfan111 05-28-2013 03:33 PM

The resale value is high right now. Like only 2k below msrp.

autobrz 05-28-2013 03:34 PM

I bought my brz limited automatic used for 27k private party. It had 6k miles on it. Perfect condition. I paid about 2.6k off msrp.

If you take 2.6k off msrp for a new fr-s, that's about how much I think you can get for it.

You can also search on autotrader to see what used prices are in your area. Some areas can sell for higher premium. If you trade-in, you will not need to pay sales tax on the value of the trade-in. So, you should take that into account when considering how much you're offered for trade-in.

p.s. to clarify, you will only pay sales tax on value of new car minus trade-in value. If you find a cheaper car and do a straight trade, you only need to pay for title and licensing.

shawnperolis 05-28-2013 03:35 PM

Thanks a lot guys.

luuser75 05-28-2013 03:36 PM

kbb has the values of our cars already so you can check there as a reference. glws man. sorry things didn't work out =(

frslee 05-28-2013 03:37 PM

Trade-in the FRS for WRX!!

marky 05-28-2013 03:38 PM

I say 24k or so... My guess


Need to obey The traffic rules buddy:thumbsup:

Maybe you can keep the FRS until kids grow bigger

thill 05-28-2013 03:38 PM

Quote:

Originally Posted by shawnperolis (Post 964833)
I think I have to trade my FRS in for a more practical car. I'm having kids soon and I need a four door... My insurance rates are about to skyrocket because of a pretty extreme traffic violation and I just don't want to keep a sports car right now. A lot of crap is happening at once basically and I just need to get rid of it.

What do you think I'll get for my FRS? Whiteout with less than 5k on it... Really good condition, it only has a scuff on one of the rims from a curb.

Lots of factors. Depends what you paid. Depends on supply and demand in your immediate area and whether or not you are trying to sell it privately or trade it in. If you trade it in, you will most likely take a bigger hit vs selling it privately. Then again, many states allow you to put the equity you have in the car towards a new car tax free. Can save a lot there, but it depends on how much you owe vs how much it is worth.

If you are too upside down, IMHO, I would recommend keeping it another year or so if you can. You can make car seats and baby carriers work in the car, it is just not ideal.

hanabie 05-28-2013 03:59 PM

I saw a whiteout FRS at a subaru dealership yesterday. Yes, I was wondering who the retard was. A sales told me that he traded his frs for a brz lol.

Wilsonk227 05-28-2013 04:04 PM

http://www.kbb.com/scion/fr-s/2013-s...etype=trade-in

try this, if anybody gives you any lower, show them kbb value. But you can tamper with it to your FRS, but this is an approximate, good luck :)

Draco-REX 05-28-2013 04:24 PM

Pickup an Impreza wagon. Fun, safe, and low insurance rates.

retrosmiths 05-28-2013 04:26 PM

Quote:

Originally Posted by autobrz (Post 964847)
p.s. to clarify, you will only pay sales tax on value of new car minus trade-in value. If you find a cheaper car and do a straight trade, you only need to pay for title and licensing.

Does this apply in CA? Weird cause I traded in my tC and it seems I paid for the tax of the FRS price

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Sent from my Galaxy Nexus using Tapatalk 2

oofie 05-28-2013 04:32 PM

Quote:

Originally Posted by retrosmiths (Post 965006)
Does this apply in CA? Weird cause I traded in my tC and it seems I paid for the tax of the FRS price


Nope, doesnt apply to CA :(

Rampage 05-28-2013 04:39 PM

There are brand new ones within 200 miles of Akron selling for $23.2K plus destination and dealer prep. I would expect you to be able to get around $22K plus or minus $500.

Did you earn your bad driving citation in the FR-S? I live just south of Akron and worked in Mogadore.


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