Loaded 2009 Yukon Denali XL Value?

[Dasanii19]

I need help on a purchase. What would be the value on a 2009 Yukon Denali XL with 59,000 miles? Tires have about a season left on them and there is a dent on the rear bumper. The Yukon has every option and is AWD. Overall condition is excellent.

Edmunds shows a value of $16k in excellent condition with every option checked.

KBB on the other hand shows 22k-24k.

I’m a bit confused as to what this is really worth or what I should offer on it? Owner is asking 22k. I figured I’d ask here because this is a dedicated Yukon forum and was hoping for some expert advise. Thank you!

 

[Hi-psi]

My experience has always been that KBB values were a bit inflated. I (and my bank) has always used NADA values.

That said, I purchased my Yukon Denali back in March and prior to that while I was looking for one, I don't know about in your area, but here in the southeast they were generally selling for less than book value, especially any higher mile examples. It's a tough sellers market right now with used vehicles across the board, so that drives "true" values down a bit.

Personally, I wouldn't say the one you're looking at is worth anywhere near $22k. It is though in my opinion the best year to get. Still non-AFM, but Flexfuel, factory Bluetooth, etc.

 

[PG01]

Imo thats high. Good for him he only drove ~6000 miles a year. Yes, as posted above its good year but its not the best year. If you’re gonna spend 20k i would look at newer models tbh. Its only worth what other people will pay for it, not what the owner thinks its worth. I would hit caragurus and other similar sites to see what prices are in your area.

 

[09 L9H]

My credit union used the NADA book value. Hope that helps.

 

[09 L9H]

nada.com

 

[Dasanii19]

nada.com

View attachment 203758

I see that listing “trade in”, what is private party value? What should I offer on this truck? He told me to make my best offer.

 

[Dasanii19]

My experience has always been that KBB values were a bit inflated. I (and my bank) has always used NADA values.

That said, I purchased my Yukon Denali back in March and prior to that while I was looking for one, I don't know about in your area, but here in the southeast they were generally selling for less than book value, especially any higher mile examples. It's a tough sellers market right now with used vehicles across the board, so that drives "true" values down a bit.

Personally, I wouldn't say the one you're looking at is worth anywhere near $22k. It is though in my opinion the best year to get. Still non-AFM, but Flexfuel, factory Bluetooth, etc.

What would be a good price point to be at on it?

 

[swathdiver]

I need help on a purchase. What would be the value on a 2009 Yukon Denali XL with 59,000 miles? Tires have about a season left on them and there is a dent on the rear bumper. The Yukon has every option and is AWD. Overall condition is excellent.

Edmunds shows a value of $16k in excellent condition with every option checked.

KBB on the other hand shows 22k-24k.

I’m a bit confused as to what this is really worth or what I should offer on it? Owner is asking 22k. I figured I’d ask here because this is a dedicated Yukon forum and was hoping for some expert advise. Thank you!

Every market is different. Last year around this time Yukon XL SLTs with about 100k were going for over $23k down here where I live. I went to North Carolina and bought one for $17k with 4WD. Prices have fallen quite a bit since last year.

There might be a reason why there's so few miles on it, go over it thoroughly. Should have L9H motor, which is great motor, best of the Gen IV 6.2s IMO.

I pay little attention to book values and this video perfectly explains why:

 

[Dasanii19]

After looking at Nada, edmunds, kbb and replies on here I was thinking 17k would be a fair number for both of us. It has a dented bumper which will cost $1000-$1500 for repair and paint. The tires also have only a season left on them. Am I in the Ball park at $17k?

 

[Doubeleive]

some questions to ask are why are they selling? are they going to get something newer? or did they already purchase something newer? are they downgrading and just don't need it anymore? some of the answers can be in your favor, haggle, ask what is the lowest price they will take, is this a cash deal or going thru a bank/credit union? if there sitting there with a offer on a trade in from the dealer your probably going to have to match it at least. maintenance records?