How Much Should I Sell: 2004 Chrysler 300M
Question: How much should I ask for a trade-in on a 2004 Chrysler 300m, fully loaded (heated leather seats, moonroof, 6 CD stereo, self-starter, tinted windows), with 99,000 miles? Tires have less than 10,000 miles on them/ There are paint chips on the hood and a few on the doors/there are a few scrapes that will need to be buffed out/ the windshield has one repaired chip and is etched from the metal on the wiperblade/
Queen of the Road: Hi Melinda. You should expect wholesale prices, but prepare to be offered even lower. Dealerships will majority of the time offer you a price that’s below what you’re car is valued for. Dealershps make alot of their profit by flipping cars. They’ll offer to buy it for less than wholesale value, then turn around and sell it for 12-14% over wholesale (which is the minimum %).
For a 2004 Chrysler 300M Sedan with 99,000 miles, wholesale prices range from $6,300 (being in above average condition) to $4,400 (being in average condition) and $2,500 (being in below average condition).
A fair range for a dealership sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $3,200 to $7,400. A private seller will usually aim to sell it for 5%-10%.
