2009 4.6 tek has appreciated!!!

[bradyb]

so my wife and i checked into refinancing our G yesterday. so it turns out the car is worth MORE than we owe. Its actually worth MORE than what we paid! h@ly crap! who woulda thought huh? has anybody else experienced this?

 

[Mark_888]

Please be aware that this forum has an anti-doping policy and anyone who fails a substance abuse test will be suspended for 6 weeks.

 

[bradyb]

Please be aware that this forum has an anti-doping policy and anyone who fails a substance abuse test will be suspended for 6 weeks.

hhh i laughed so hard, thanks for that!

 

[imitiday]

by how much? whar are before/after #'s

 

[PINGGOLF]

just go to kbb.com and get your suggested retail value. Mine is at 41,300 with 24K mile and I paid $39K to drive it home.

Better resale than just about anything at this point!

Dont believe me, check this out : http://www.kbb.com/used-cars/hyunda...428903|true&condition=excellent&mileage=24500

 

[Mark_888]

Suggested Retail Value is irrelevant. No one pays that. It is apparently OK to use that value for financing purposes, but that doesn't mean anyone will pay that much for the car.

More relevant is trade-in value (the most relevant) and Private Party Value (which is what you might get if you sold it yourself). And while everyone thinks their car is in excellent condition, few are.

Trade-in value of 2009 Hyundai Genesis 4.6 Sedan 4D

Excellent $34,450
Good $32,750
Fair $29,750

But I don't even think these values are all that accurate, probably because the sample size is so low.

 

[PINGGOLF]

Suggested Retail Value is irrelevant. No one pays that. It is apparently OK to use that value for financing purposes, but that doesn't mean anyone will pay that much for the car.

HA! Anyone who thinks they can sell our cars for the SRV should be slapped. I would only hope that most of us knew this.

More relevant is trade-in value (the most relevant) and Private Party Value (which is what you might get if you sold it yourself). And while everyone thinks their car is in excellent condition, few are.

Excellent

$34,450

• Looks new, is in excellent mechanical condition and needs no reconditioning. My Gen is PERFECT
• Never had any paint or body work and is free of rust. Yerp!
• Clean title history and will pass a smog and safety inspection. Even with the Magnaflow
• Engine compartment is clean, with no fluid leaks and is free of any wear or visible defects. You could eat off the V8 Emblem
• Complete and verifiable service records. Every single receipt is available in my pretty little folder.

Less than 5% of all used vehicles fall into this category. I guess I am in the 5%...as should be almost all of us Gen owners unless you have wrecked your car.

 

[Mark_888]

Maybe the MagnaFlow will not hurt a private sale to the right buyer, but I think you would get some flack for that on a trade-in.

 

[nearwater]

Maybe the MagnaFlow will not hurt a private sale to the right buyer, but I think you would get some flack for that on a trade-in.

That's why the owners keep the original exhaust.

Dan

 

[PINGGOLF]

Maybe the MagnaFlow will not hurt a private sale to the right buyer, but I think you would get some flack for that on a trade-in.

True...but Nearwater beat me to it.

I always "try" to have a back up plan...hence the reason I decided to go with the Cat-Back exhaust. It simply bolts in place of the OEM exhaust and is a 30 min. job. However, for those who did the cut and weld Magnaflow job...your stuck with finding a buyer...but it shouldnt be too hard! From the reactions I get people would LOVE to have my car and the exhaust too!

I figured in the event I would trade-up to the 11 or 12 Genesis, I could remove the Magnaflow and sell it on ebay and probably get around $400 or so.

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