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Used Vehicles Best Values

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Comments

  • kmagkmag Posts: 98
    Good luck finding a 1-3 yr old Countour or Mystique :) ....I looked at many of these cars this winter when I had to buy a car to replace my wrecked 99 Regal.

    I wouldn't trust Countour or Mystique as the miles pile up, I owned a 99 Mystique and while mine was basically trouble free thru 72K miles, I read alot of reports of problems on these and other forums (contour.org?). The V6 models are expensive and complicated to repair-just as a forinstance, a front wheel assembly must be removed to replace the alternator. The 4 cyl models have a suspect tranny also used in mid 90s Mazda 626.

    I also would not get a Saturn L series. Too many reports of bad ones on saturnfans.com. Many people report bad steering racks, cupping tires and electrical issues.

    Under 4k? Id look for a late 90s Escort, Mercury Tracer is the same thing, or a Saturn S series. Any Honda or Toyota at that price is going to have well over 100K on it. I considered doing this, I had 8K of insurance money to spend to replace my Regal, but wanted something bigger than a subcompact. I looked at 3-4 year old Taurus, Regal, Century, Saturn L, Mits Galant, Olds Intrigue , also looked at Accord, Camry, Mazda Protege, Ford Focus and ZX2. Intrigue was a real nice ride, Saturn L was OK but nothing special , Galant felt cheap and tinny. Protege is very noisy and stiff riding. Liked Focus alot but the bad rep scares me, I will put 100K on this car in 4 years. Finally decided to go with the best reputation, something I have not always done in the past, and got a 97 Camry LE 4 cyl. I found with only 43K. It now has 53K, is very quiet, comfortable and smooth riding, runs like a clock.
  • jchan2jchan2 Posts: 4,956
    a Oldsmobile Alero?

    Since GM shut down the brand, resale on an Alero should be very low.
  • wdaveo1wdaveo1 Posts: 34
    Question for ISELLHONDAS - I am wondering if you can comment on the low resale values of the Odysseys. I have a 2000 Odyssey EX - great condition, appraised at $7500 for trade-in (maybe $10K if I sell myself). This is 30% or so of the purchase price 4-5 years ago. I thought Honda's would generally maintain close to 50% of the original purchase cost 5 yrs later.

    I really want to move away from my van (kids are getting older now), but can't bear the thought of selling it for less than $10K - it's a great vehicle.
  • qbrozenqbrozen Posts: 17,613
    How many miles? Has it been in an accident?

    I don't know what comment you are looking for from Isell. He can't control what people will pay for used cars.

    That being said, if you have acceptable miles for a 5 1/2 year old vehicle (meaning 66K or less), then I'd be surprised to hear its only worth $7500. I would think a private buyer would pay good money for it.

    By the way, I just searched Carmax in Maryland and found 3 '00 EXs and the cheapest one is $16K. so either something is really wrong with yours or you got a lowball offer. Do you have a Carmax near you? If yours is nice and, like I said, the right miles, I would think they might give you $12K or so. Even if you don't, with asking prices like that for other '00 EXs, you could certainly ask for more than $10K on yours for a private sale.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • jlawrence01jlawrence01 Posts: 1,828
    **By the way, I just searched Carmax in Maryland and found 3 '00 EXs and the cheapest one is $16K. so either something is really wrong with yours or you got a lowball offer. **

    From my several experiences with Carmax, I did not find that they offered any more than the wholesale prices that were offered my a number of the local dealers that I also offered the vehicles to.

    I do not find their buy (or their sell) prices to be all that godd personally.
  • qbrozenqbrozen Posts: 17,613
    I have NO experience with them, but it was just quick info I could pull up online for comparison sake.

    '13 Stang GT; '15 Fit; '98 Volvo S70; '14 Town&Country

  • wdaveo1wdaveo1 Posts: 34
    When I addressed ISELLHONDAS, I guess I was wondering if the market was flooded with Odysseys, or if there was some sort of maintenance issue that was affecting their resale price.

    My Honda has 75,000 miles, no accident. Just a fairly well taken care of van (with 2 kids). I was surprised. I thought I might be offered $9-10K. We always sell our cars ourselves with good success (have never traded), but would have 'considered' a trade in offer in the $10K vicinity - but, of course, it was no where close.

    We will either keep it or sell it ourselves probably now.

    Thanks for your help.
  • isellhondasisellhondas Issaquah WashingtonPosts: 17,880
    The current NADA wholesale book value for your Odyssey with normal miles is 12,725. There is a small deduction of around 200.00 for your slightly higher than average miles. I haven't seen how your Odyssey looks or smells inside but assuming it's nice, you were seriously lowballed.

    These are high demand cars and like all Hondas they have a strong market and great resale.

    Are you sure they didn't think it was a Chrysler? ;)
  • steine13steine13 Posts: 2,422
    While we're debating values of MY 2000 Odysseys..
    .
    ... can we agree than anyone who pays 50% of new for a six-year-old ANYTHING is not paying attention?

    The professionals are excused; cars are worth what they're worth. But the consumers who pay these prices should be arrested for aggravated idiocy.

    -Mathias
    [who tonight sold the only Honda vehicle he ever owned: A 1974 CB175 with 1800 miles.
    For $1125. Talk about strong resale.]
  • kyfdxkyfdx Posts: 30,552
    It probably sold for that or less new, didn't it?

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • mirthmirth Posts: 1,212
    who tonight sold the only Honda vehicle he ever owned: A 1974 CB175 with 1800 miles.
    For $1125. Talk about strong resale.


    Was it to a museum? ;)
  • steine13steine13 Posts: 2,422
    No, a 25-year-old who's into 60's single-cylinder Ducatis. "Those never run," he said. That little CB should make a welcome change.

    If Honda's early cars were built as well as the motorcycles, I can see how that company grew as much as it did since then.

    But as used cars, you pay for the expectation of quality. A Honda makes sense only if you KNOW it's been maintained and trouble-free. They're incredibly strong as used cars. I recently borrowed a 2000 Accord LX 5sp from a dealer and showed it to a friend at work who I thought needed it. He thought so too and wound up buying it.

    When I drove it, I began to understand why people like these cars so much. It felt incredibly solid and was fun to drive. Perfectly sized, too. Now if they brought back the wagon...

    -Mathias
  • rroyce10rroyce10 Posts: 9,359
    ......... I'm not Isell, nor do I play him on TV ..... but if the Ody is in good shape, the service is up to date, moderate in the tire department, air blows cold, the interior hasn't caught fire and you haven't bounced it off a few Stop signs ... then your driving a $9,500ish vehicle on the trade side ............

    $7,500..?? ... was it caught in a terrorist attack.?



    Terry.
  • steine13steine13 Posts: 2,422
    This is semi-off-topic.. but something for innocent bystanders to ponder as this Ody stuff is running through...

    While the 00 Odysseys are bringing $10 at the auctions, the 2000 Villagers with normal miles are doing $6-7 with leather and all, and can be had for $1,200 north of that at a dealership near you. That's without the magic seat and the Honda name, but with a Nissan drivetrain and comparable reliability. To me, that's an easy choice.
    Just some food for thought.
    -Mathias
  • kyfdxkyfdx Posts: 30,552
    You can get a great deal on a used car, relative to the auction prices... a real steal..

    And, it still might not be a good value...

    '00 Odysseys for $10K might be a good deal... but a poor value in my book..

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • rroyce10rroyce10 Posts: 9,359
    ...... I agree .. I would rather have 5 nice clean Villagers on my lot for $9,900 than 1 Ody hanging around at $12,900 ..

    Nice vehicles, but money and payments talk ... the Villagers will be history while I'm still trying to convince someone what a good buy the Ody is, especially since they have been lookin' at 01 and 02's for a little more and less miles ..........

    Terry ;)
  • isellhondasisellhondas Issaquah WashingtonPosts: 17,880
    I find the opposite to be true, of course, people do come to me looking for Hondas.

    I agree, a Quest/Villager reepresents good value for the money but they are still slow sellers compared to Odysseys or Siennas.

    " It's a Mercury"

    " Well, it's really a Nissan in disguise"

    " Yeah...call me when you get an Odyssey in my price range"

    But, I don't get that many payment buyers either.
  • rroyce10rroyce10 Posts: 9,359
    ...** find the opposite to be true, of course, people do come to me looking for Hondas** ..

    Aaaah yeah .l.o.l.. people don't go to Ford stores to buy a Mercedes ....

    No one is knocking any type or model, were talking the "broad market" .. Ody's are great vehicles, but we're using them as an example .. that said, with all things being equal, a clean Quest/Villager will be loooong gone before an Ody .. the difference.? price ....

    Getting someone to spend $8,9/$9,5 on a vehicle is alot easier than $12+ because $10,000 is like a watermark in the pricing market ....... of course, your always going to find the folks that have "Honda" tattooed to their foreheads and that's always what they will buy, period - and that doesn't make it good and that doesn't make it bad, it just makes it what it is .......... ;)



    Terry.
  • isellhondasisellhondas Issaquah WashingtonPosts: 17,880
    I'll try to steer my customers on a tight budget toward a Villager or Quest because I do believe they are a lot of car for the dollars.

    My point was, I'm usually not successful in doing this.
  • wdaveo1wdaveo1 Posts: 34
    but I did get a couple of other trade quotes from different dealers on my '00 Odyssey. One of them was for $9000, the other for $10,000 - so that made me feel much better. I guess the $7500 was a fluke.

    The $10K is from a Honda dealer. We are planning to trade the Odyssey now for a CR-V, if we can get them to come down a bit on the CR-V price. They are at 3% over invoice, which is higher than most people are paying (I think).

    Thanks for all your help.

    Dawn
  • kyfdxkyfdx Posts: 30,552
    Consensus on the CR-V Prices Paid board seems to be invoice or slightly under..

    Of course, that may vary by region and dealer.. Currently, it looks like I'd want 1% over invoice maximum.. That should be achievable.. But, of course, you already have a trade offer on your Odyssey, and you'll have to take that into account...

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • jake20jake20 Posts: 5
    i'm trying to find a good, reliable, and affordable used car (preferably under $18k). want room but also good gas mileage. so have shifted search from SUV to wagons.

    so now considering either:
    * '00 passat glx wagon with 40k miles at $15,998
    * '01 saab 9-5 wagon with 30k miles at $16,998
    * '01 volvo v70 wagon with 60k miles at $19,599

    based on price/mileage, style, and edmunds reviews, i'm seriously considering the passat glx wagon.

    questions for those who have experience with passat's and buying used cars in general:

    * any other wagons i should consider based on price, style, gas mileage, and reliability?
    * as for the passat wagon, is this a good price? (it's high according to tmv)
    * is the passat going to last another 5-6 years at 15k miles/year?
    * is the passat reasonably reliable with relatively low maintenance issues/costs? (e.g. how much difference b/w the passat and the hondas/toyotas of the world in terms of reliability?)
    * anything i should know about the passat wagon before i buy it?

    many thanks for your experience/insights on any/all of the above questions...
  • Kirstie_HKirstie_H Posts: 10,914
    You might want to also visit our Help me select a wagon discussion. If reliability is a top priority, then you might have to make a new list! VWs are notorious for electrical (and other) problems.

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  • isellhondasisellhondas Issaquah WashingtonPosts: 17,880
    If you are looking for a reliable car, I would look elsewhere. All three cars you mentioned are troublesome and I'm not sure which is the worst of the three!
  • rroyce10rroyce10 Posts: 9,359
    .... *** '01 volvo v70 wagon with 60k miles at $19,599* ...

    Which one.? ... T5 - XC - base model .................?

    Terry.
  • jake20jake20 Posts: 5
    thanks for the perspectives...i'm now sufficiently scared away from my original list (the 0'1 volvo v70 listed above is a T5)...

    it seems hard not to consider the pricier but more reliable honda/acura and toyota/lexus axis.

    if you were trying to stay under $20k price range for a car that'll last a good 5-6 years (at 15k miles/year), would you....

    a) buy an older ('99-'01) lexus/acura with 60-80k miles, rather than b) go with an '02-'04 american or european car with 30-40k miles?

    i ask b/c i'm now considering a '99 Lexus RX 300 w/60k miles at $18,998. i'd prefer something in the $15k range. but it seems better to pay the premium upfront and have a chance to avoid some of the maintenance costs later.

    many thanks for your thoughts.
  • steine13steine13 Posts: 2,422
    " ask b/c i'm now considering a '99 Lexus RX 300 w/60k miles at $18,998. i'd prefer something in the $15k range. but it seems better to pay the premium upfront and have a chance to avoid some of the maintenance costs later."

    Do you have it in cash?
    I'm asking 'cuz if you don't, you'll be making payments on a 10-year-old car. This does not sound like a good choice.
    Step right up to new Highlander in the $25-27 range.
    If you can't afford that, you certainly cannot afford a seven-year-old Lexus for $19. Trust me on this.

    -Mathias
  • rroyce10rroyce10 Posts: 9,359
    ....... You hafta remember .. Isell lives, breaths and makes love to Honda's .. great vehicles, but there is other brands out there (but don't tell Isell) ....

    The Volvo T5 would make for a good driver at 60k ... but not at $18,900 ....

    If the service is from yesterday, the rubber is deep and it has a super history .. then the dealer can't have much more then the $13's, and the $14's with a CPO in it -- and $16,900 would aaaaall the money in the world on the Retail side ........ $18,900.? maybe in Neverland ...



    Terry ;)
  • isellhondasisellhondas Issaquah WashingtonPosts: 17,880
    I deal with them as used cars and I know the ones that always cause troubles.

    Volvos are VERY high on that list!

    And Honda isn't alone at building cars that don't cause many problems.
  • jaserbjaserb Posts: 858
    Mazda 6. Hands down. You can get '04s with under 20k miles for $14 - 15k all day long in my neck of the woods, and they come with the V6 standard. Good looking, nice handling, and likely much more reliable than the Euro wagons.

    -Jason
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