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Thread: Are trade-ins ever worth it?

  1. #1
    Registered Member

    2015 Mazda3

    Join Date
    Dec 2015
    Location
    United States
    Posts
    26

    Are trade-ins ever worth it?

    My car is a 2015 Mazda 3, over 100,000 miles (do Lyft and Uber). Still owes about $7K. To trade in or not, for a 2018 Mazda3.

  2. #2
    Registered Member concept's Avatar

    2014 Mazda3 S GT auto, 2008 MX5 6-speed

    Join Date
    Mar 2009
    Location
    San Diego
    Posts
    1,405
    Is there a reason why you don't want to sell it, yourself?
    That's what I would do if I wanted a new car.
    But really, what are you gaining? Your 2015 can easily rack up over 200,000 miles. Your bottom line of expenditures would be far less if you just kept driving your 2015. Just keep up with maintenance requirements and save some of that savings for your retirement.
    That's my advice.
    2014 3S GT, Deep Crystal Blue, Eibach Pro-Kit, Enkei PF01s, Koni Sports
    2008 MX-5 Touring (Mazdaspeed CAI, HIDs, Progress/Koni Sports/Racing Beat sways, Magnaflow)
    2002 Protege ES (Sold for $1700 with 131,000 miles)

  3. #3
    Registered Member

    2013 CX-5 Touring FWD; 2013 BMW Z4 35i

    Join Date
    Mar 2012
    Location
    Santa Rosa, CA
    Posts
    3,160
    Quote Originally Posted by ZDA3 View Post
    My car is a 2015 Mazda 3, over 100,000 miles (do Lyft and Uber). Still owes about $7K. To trade in or not, for a 2018 Mazda3.
    Why buy at retail and sell at wholesale? You lose 20% of the value of the 2015 right off the top!

  4. #4
    Registered Member

    Mazda3

    Join Date
    Mar 2018
    Location
    Cali
    Posts
    11
    It's only 'worth' it if you don't want to go thru the hassle of selling it youself. Besides why do you want to trade it? The new Mazda3 is right around the corner. Might as well wait for that.

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