Negatively affect Trade-in Value?...

[TpaTruck]

Have a two-part question, both pertaining to trade-in value.

Do aftermarket wheels and tires (in mint condition) increase or decrease trade-in offers?

If the Maverick has outstanding recalls on it and Ford isn't prepared to fix them yet, can that negatively affect the trade-in value?

Fire away!

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[MDmaverick]

Strictly my opinion

aftermarket wheels and tires can affect the value in both directions. On one hand , wheels and tires in great condition would easily tick the box(KBB) for premium wheels. The opposite can happen if the wheels and by default the ride is compromised. My example was looking at a first generation Ridgeline years ago and the dealership replaced the factory wheels with awful cheap ish 20” wheels . ( they apparently did this to all used trucks). It instantly turned me off as the listing showed the vehicle with the proper size wheels.

Recalls are tricky because a dealership may not be able to resell without these being addressed ( if it is deemed a safety issue ; ie Takita airbag) It still won’t stop them from giving you a good trade in price . However Maverick, a recall has been issued but no solution is available yet. The potential buyer will be informed that a recall is needed.

 

[RonFLA]

IMO, never trade in a vehicle! The only benefits of trading in is the convenience and to lower taxes. As a general rule you can always get more selling privately.

Aftermarket wheels neither increase or decrease value. Usually premium wheels are only factored if they are actually factory wheels and the increase in trade in value it like +$200 dollars max, usually $50-100.

The best approach is to always return the vehicle to as “stock”, factory configuration as possible and sell your accessories privately.

As for recalls, it depend what it is. If it’s something major, sure. But in general, I have never heard of that impacting value, since they are covered by the manufacturer and neither cost you or the buyer any money.

Good luck!

 

[TpaTruck]

Strictly my opinion

aftermarket wheels and tires can affect the value in both directions. On one hand , wheels and tires in great condition would easily tick the box(KBB) for premium wheels. The opposite can happen if the wheels and by default the ride is compromised. My example was looking at a first generation Ridgeline years ago and the dealership replaced the factory wheels with awful cheap ish 20” wheels . ( they apparently did this to all used trucks). It instantly turned me off as the listing showed the vehicle with the proper size wheels.

Recalls are tricky because a dealership may not be able to resell without these being addressed ( if it is deemed a safety issue ; ie Takita airbag) It still won’t stop them from giving you a good trade in price . However Maverick, a recall has been issued but no solution is available yet. The potential buyer will be informed that a recall is needed.

Kind of gotten the same info on the wheels and tires. KBB question is kind of tricky because I upgraded to 20 in alloys, not premium so I don't know how they account for that.

You're exactly right, the airbag recall for the Maverick is announced but they have no fix for it, so can they penalize the value of the trade in because of their own recall?

 

[TpaTruck]

IMO, never trade in a vehicle! The only benefits of trading in is the convenience and to lower taxes. As a general rule you can always get more selling privately.

Aftermarket wheels neither increase or decrease value. Usually premium wheels are only factored if they are actually factory wheels and the increase in trade in value it like +$200 dollars max, usually $50-100.

The best approach is to always return the vehicle to as “stock”, factory configuration as possible and sell your accessories privately.

As for recalls, it depend what it is. If it’s something major, sure. But in general, I have never heard of that impacting value, since they are covered by the manufacturer and neither cost you or the buyer any money.

Good luck!

I've never sold a vehicle privately.. so yeah it looks like a headache. We do get a tax credit for our trade in so that is helpful. If I can sell my 22 Maverick for $1,000 less than a dealership would, by all means I'll try. I'm in the 'figuring it out' phase. I can't return to stock because old wheels and tires were sold.

The recall is the side airbag issue with my build. They don't have a fix for it yet but it's in the works. I got low balled on carvana and truecar, that's why I was wondering. For some reason my Lariat, with no issues and 8500 miles, is only getting 28k offers... When it should be around 34k, based on it being able to be sold at 42k. Kind of has me worried that my trade in won't be as valuable as I want it to be when I get the 23 Maverick...

 

[olderbudwiser]

Whatever wheel you have on your truck will look good to some and not so much others.
Think about the person that painted their steelies yellow. Four buyers may come by may think nope, the fifth one may go OMG thats exactly what I would do.

I would want a lower price for a vehicle sitting on recalls. One would know you are going to lose use of your new vehicle for a period of time.

 

[projectvortex]

The one thing that may truly affect trade-in value, or any real value for that matter, is if a vehicle is found to be a death trap in an accident. Of course, we already sort of know that the Mav is not one. NHTSA will have the final say on this.

 

[matmondro]

Unsure about the recall side of things.

When it comes to the wheels and tires though, I'd probably remove them and sell them separately if trading-in.

If you were selling to a private party, then you might have a slight positive uptick in value. At the end of the day, it's whatever the dealer or buyer is willing to pay, and their tastes and preferences!

 

[commadorebob]

Looks like your questions were answered. But mileage has the largest impact on trade-in value. Even if it is spotless, if you put 50,000 miles on it in a year, its value will tank.

I personally plan to run the wheels off it. I currently drive a 2006 Saturn with 213,000 miles and intend to do the same to the Maverick.

 

[gte105u]

The offers you're getting for trade and aren't lowball, they're more in line with normal. The last couple years were the exception not the rule. The used car bubble has burst, buyer beware on people trying to flip. Probably could do better on a private sale. That's going to be rolling the dice on how a buyer looks at the wheels and the recall.

 

[TpaTruck]

Whatever wheel you have on your truck will look good to some and not so much others.
Think about the person that painted their steelies yellow. Four buyers may come by may think nope, the fifth one may go OMG thats exactly what I would do.

I would want a lower price for a vehicle sitting on recalls. One would know you are going to lose use of your new vehicle for a period of time.

I get what you mean by the recall taking time to repair, but that's the thing, it's Ford's truck and their recall. They shouldn't lower their trade-in offer to me because of their truck problem that they created. Just my opinion, but that's why I made this post.

 

[TpaTruck]

Unsure about the recall side of things.

When it comes to the wheels and tires though, I'd probably remove them and sell them separately if trading-in.

If you were selling to a private party, then you might have a slight positive uptick in value. At the end of the day, it's whatever the dealer or buyer is willing to pay, and their tastes and preferences!

Kind of hard to remove and sell them separately when I have nothing else to put on the truck..

 

[TpaTruck]

Looks like your questions were answered. But mileage has the largest impact on trade-in value. Even if it is spotless, if you put 50,000 miles on it in a year, its value will tank.

I personally plan to run the wheels off it. I currently drive a 2006 Saturn with 213,000 miles and intend to do the same to the Maverick.

Yeah that's why I'm hoping I get build pretty quickly... Luckily I only average less than 100 miles a week, but the sooner the better! I don't think I've ever had a vehicle with over 100,000 miles on it before.. kudos to you. I couldn't drive the same thing that long.

 

[matmondro]

Kind of hard to remove and sell them separately when I have nothing else to put on the truck..

Understood! I take it you sold the stock wheels then?

 

[TpaTruck]

The offers you're getting for trade and aren't lowball, they're more in line with normal. The last couple years were the exception not the rule. The used car bubble has burst, buyer beware on people trying to flip. Probably could do better on a private sale. That's going to be rolling the dice on how a buyer looks at the wheels and the recall.

I would agree that the prices are going to start simmering back down to normal, but they are still currently selling Mavericks similar to mine for anywhere between 43 and 47k... So I don't think it has burst yet. I like I just have to find the right online buyer. CarMax wants me to bring it in because they can't value it without seeing it.

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