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Discussion Starter · #1 ·
Hello guys and gals, i am looking to get my car apprised, i have look on Kelly blue books and I got around 22k I went to infiniti website and got 16k for my car.. I got a 2012 toyota camry V6 fully loaded back on black with 14k miles on it. Can someone help me out understanding the prices I am getting. I'm looking to get the beautiful Q50s awd with nav and deluxe package

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Take it to CarMax and have it appraised. Takes less than 30 minutes. I'll assume since it's a 2012 it isn't paid for so I believe CarMax pays the finance company directly and anything over what you owe is given to you. If they make you a great deal, sell it to them and use the money for the down payment on the Q50.
 

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Also, always have all quotes written down. Makes it easier for the dealer to match as it saves you tax in most states if you trade it in (assuming you're buying and not leasing) instead of selling to a third party like Carmax. I'm not as sure if you're going to save tax if you trade it in for a lease - maybe someone else can chime in on this.
 

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Discussion Starter · #7 ·
My current vehicle is with a loan and i would like to go on a lease this time because I can't seen to stick with one car! Plus I love infiniti and i always love to wanting to own one, i think the Q50 is the one I would like to stick too for a while

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Looking to sell my 2007 G35x loaded with every option under the roof too.

The closest CarMax to me is 66 miles away.

Do you guys think it is worth the drive? Is there anyway to get a range of how much they are going to pay for the car before I make the trip?
 

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$22k is the KBB wholesale value of your car. Dealers will very rarely pay book value for a trade in unless it is a very high demand car. How far below book value depends on market conditions and physical condition of the car.

Yours is like new so condition isn't really the problem. The big problem is that there are millions of Camry's on the road and Toyota always offers huge incentives on new ones. This of course means that the resale value of used ones get hit really hard.

If I were appraising your car for a trade in, I would be around $16.5-$18k, now given that most dealers are at sticker on the Q50, I would be willing to step up a little on the trade.
 
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