Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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CUSAFR
At any rate, here are some numbers:
05/01/07 ST LOUIS Regular $12,000 61,751 Above BLACK 6G A Yes
05/08/07 STATESVL Regular $13,000 62,381 Above BLACK 6G A Yes
04/24/07 AMERICAN Regular $8,100 71,490 Above BLUE 6G A No
04/27/07 MANHEIM Regular $10,100 71,513 Above BLUE 6G A No
06/07/07 MID AMER Lease $9,300 78,628 Above BLACK 6G A No
Yours has higher miles than any of these, so mid-eights sounds about right...
Good luck,
-Mathias
2001 Honda Civic EX Coupe
4 cyl Auto
104,000 miles (mostly highway)
Silver ext., Black cloth int.
Interior in "excellent" condition
Exterior in "good" condition - a few minor dings
Cincinnati, OH
Ya know, I've checked out two or three hundred cars in the last 16 years... all but three or four were in "excellent" condition ;-)
About $6k as described... maybe a touch under.
"Average" condition with 12x,xxx miles seem to do the low fives... with > 100k, it's not gonna be anything but "average" to a dealer.
Sell it yourself and grab another $1,500, give or take.
That puppy's 7 years old and was $16k new... not an expensive way to drive 100k miles... not an unpleasant way, either.
Good luck, and let us know how you make out,
-Mathias
With regard to the condition of the interior, I can confidently say that it is indeed in excellent condition. I don't find it hard at all to keep the interior looking new.
Last year I sold a 1992 Acura Integra with 175,000 miles that I owned for over 10 years. The interior was in mint condition, with not a SINGLE blemish. I didn't have kids, rarely ate in it, vaccumed it every week, used rubber floor mats, kept it garaged, no smoking, ect.
The same guy I sold my Integra to is interested in this vehicle, and I gave him a price of $6,600, which appears to be in line with your private party estimate.
Thanks again.
Of course, getting really annoyed because one can't sell one's used car for "what the books say it's worth" is one approach to the problem.....putting it on ebay might be another, perhaps? (Not that I'm judging!)
I thought about keeping it but I'm getting older and just want a new car. I was going to try to sell it and ask a premium price, but I was worried about all the hassle, as you mentioned. I talked to my daughter the other day and she threatened to disown me if I don't let her have the car. (She is willing to pay)
I took it to the Honda dealer for a full detail and had 4 people ask if I was going to sell it.
So, anyway, looks like I'll trade the Corolla and give my daughter the Accord. No hassles and everyone wins.
It is a really nice car, in fact the new one will be the same EX-L-6-Cyl, and same color combination.
CUSAFR (Chief, United States Air Force, Retired)
P.S. Just posted some pictures at carspace.
http://www.carspace.com/cusafr/?50@@.5abc4c95
You sound like a good dad, & I'd never argue with a CUSAFR (mainly because I don't want to get my butt kicked by a USAF Chief).:) But Seriously, I Bet you have some real good stories--
Best of luck, Woody
Never mind the books, try not being able to get what auction data are telling you!
I'm not quite there yet, but I've had my '07 Silverado "Classic" work truck on craigslist since Tuesday night, and mostly I've had people wanting to "trade".
Auction data are skimpy, but '06s with 20k miles bring $11,500 at the auction, give or take. Mine has 3,800 miles on her, is a year newer, and is pretty much "like new", as the saying goes. A friend in the biz was thinking mid-to-high $13s would be the final number, but that was in April.
I put $13,900 on craigslist, and no real responses.
Dropped it in the local paper for $13,200 yesterday, expecting to deal a little, updated craigs, and so far, not much response.
Tried the local Pontiac dealer down the street, who offered me $10k even. THAT annoyed me, but hey, it's his money. He was wholesaling it away, so that's always a non-starter. And, as he pointed out, the auction data show you the ones that sold, not the thirty that didn't. Good point.
Just had an offer via telephone of $11,700. And that's been it. A new one with rebates and all is gonna run nearly $16.
What am I trying to say? If it's an oddball car, like a stick in a domestic, or in this case, a reg cab swb truck, you may not find anyone who wants it at "market value." Cause you got, what? No "market." Such is life. I've got ten days, and I'll drop the price after the weekend; so far I've always sold my cars and usually been happy with the price... but this one may make me swallow pretty hard.
putting it on ebay might be another, perhaps? (Not that I'm judging!)
Ebay is a snake pit. I'd only put fairly cheap cars on there, demand cash, and generally keep buyers on a short leash. I've had good luck with $500 canoes and $1,000 motorcycles etc., but I have no confidence with $10k cars. Ya can't make 'em pay up, no matter what ebay says.
Take it easy,
-Mathias
Last week, I did sell a 2004 F150 2wd truck with 12k KM in Montreal with a book of CAD$19k for CAD$21k which surprised me a lot. I am glad I let the equipment (truck box, racks, etc.) go with the truck.
Being a shortbed hurts it big time, but that was the only choice for me. It barely fits as it is.
Good thing I didn't pay but $12,800 for it new... but if I wanted another one, it'd be almost $16, near as I can tell. Oh well, I'll give it another weekend, then decide to cut it loose or rethink the whole thing.
I really like the truck, but I'm tired of backing it up my driveway past the wife's car. It's like docking the QEII.
Plus now I've got this tacky, huge conversion van... nothing exceeds like excess, but two humongous trucks are a bit much even for the CCBA set.
Take it easy,
-Mathias
Location: Asheville, NC (Western NC)
Year/Make/Model: 2004 Honda Civic EX
Body Style: 4dr
Engine: auto
Driveline: FWD
Mileage: Just under 26,000
Color: dark blue exterior w/grey interior
Major Options: alloys, sun roof, CD
Condition: interior is really good (perhaps not excellent as I used to smoke in it - haven't smoked for over 6 months though); exterior is good except for one relatively large dent on the hood that could probably be popped out pretty easily (not sure on that, though)
Tires - relatively new - plenty of tread remaining
Brakes - ABS
Maintenance - all scheduled maintenance completed on time
Your thoughts?
Akron, Ohio
1999 Honda Accord EX
4dr
V6, auto
FWD
142,544
Black exterior / Gray interior
Leather, CD player, sunroof
Condition: "excellent" but I would rate it as good. Carfax is clean. Runs well. Only had one owner.
Dealer is asking $7995 for it. What should I initially offer the dealership?
Thanks!
Used Hondas are famous for bringing insance money, and a high-mileage Accord is not a good place to start. What are you going to do with it? If it's a second car or you're like me and drive 5k per year, it *might* be a good deal if it's in great shape. At any rate, the list below shows what these puppies arer bringing at auction. so his asking price is a little high, but not out of line.
If you're just buying it outright without trading -- at which time all bets are off, too many variables -- if he's good and tired of it, you might get it for $6, but will probably have to reach a little higher.
I've got a nose bleed form looking at these auction data. I wouldn't pay those figures for my private car. A new LX can be had for $18 -- I'm making that up, but I'm not far wrong. THAT is a good deal. The one you're looking at is going to cost extra in the long run.
Good luck,
-Mathias
06/07/07 ST PETE Regular $4,700 134,131 Avg SILVER 6G A Yes
05/29/07 IMPERIAL Regular $4,800 134,837 Avg GREEN 6G A Yes
05/31/07 DFW Regular $5,500 139,442 Avg SILVER 6G A Yes
06/13/07 CADE Lease $4,700 141,911 Avg BLACK 6G A Yes
06/13/07 CADE Regular $5,200 143,061 Avg BLACK 6G A Yes
05/22/07 IMPERIAL Regular $4,600 144,644 Avg BLK 6G A Yes
06/07/07 AMERICAN Regular $4,700 145,213 Avg GREEN 6G A Yes
06/08/07 LAUD/MIA Regular $3,800 146,319 Below BLACK 6G A Yes
06/13/07 CADE Regular $4,500 149,909 Avg GREEN 6G A Yes
A new LX for $18K would be great, but I don't want to take a loan out for a new car.
What to do? And where is this auction data from that you've gathered?
Thanks!
what would be a fair offer to the dealer?
Willoughby, Ohio
2002 Honda Accord LX Sedan
4 cyl 2.3 liter, automatic
FWD
41,100 miles
Silver exterior, Gray interior
No fancy options, power locks, windows, cruise, a/c, cd player
There are some scratches on the top of the rear bumper
tires look to have about 50% life left
brakes seem fine
looks to be in good to great overall condition
no accidents, clean carfax, one owner thus far
While guides are good resources, we offer this discussion because the guides don't always keep pace with what's happening in the "real world." Several of the members who post here are in the biz and have access to data that regular old members like me don't have.
They also see what's happening in the market on a month-to-month basis, and they're kind enough to offer members advice on what they can realistically expect to get for their vehicles. Sometimes that's more than the guides list, and sometimes it's less, based on geographic area and condition/options/mileage of the particular vehicle - stuff the guides just can't account for with accuracy.
I think one of the most important services provided here is whether a particular vehicle is going to be much better suited for private sale than trade-in.
MODERATOR /ADMINISTRATOR
Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
Review your vehicle
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
As you can see, this is probably a MUCH better deal than paying $7k for one with almost 150k miles.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
You would be better off sticking with what you have.
Fair offer?
And, I realize I won't get much for my Cavalier (I'll likely sell it privately rather than trade-in). I'm just ready for a reliable family car.
I would offer about $$9500 and expect to pay close to $10k. You are buying a relatively popular car, not a Taurus where there is a huge amount of room to play. The Black Book is about $9600 and the mileage is low.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
Dumb questions, but: what's wrong with the Cheby P/U? You just bought it! And, You paid $12.8K, & got an offer of $11.7K, what's wrong with that?
Craigslist can be difficult. I find either I get a bunch of e-mails from time wasting jerks, who cancel, bail, etc., or I get one "live one" who races over here with green $$ pouring out of their pockets. And running the same ad 2 weeks later, I can get totally different results. Fee-bay--I think I made that suggestion to the recent Hyundai selling guy to make some kind of point about just selling the stupid thing. True, you can't make people pay, but if they don't, you can just file to get your FVF back.
A new one with rebates and all is gonna run nearly $16.
I dunno--if you Have To Sell, you have to. Personally, I'd keep it; you've already taken the first year depreciation in a few months. And what could you get that would possibly compare for $12K-ish?
just my own wacky 2 cents, good luck, Woody
Dumb questions, but: what's wrong with the Cheby P/U? You just bought it! And, You paid $12.8K, & got an offer of $11.7K, what's wrong with that?
Nothing wrong with the truck. It's a bear to park in our driveway, though, and I'm getting tired of it.
It was all part of a cunning plan to get the missus to use it as a work vehicle, and it's no good for her. Now that I've seen her use it, I know, but it was something you could only learn by trying it.
What's wrong with $11,700 is that it's the lower end of auction value for an 06 with 20k miles. There's nothing "wrong" really, it's just a matter of dumb luck; someone wants this oddball or doesn't. Anybody who would consider buying a new one should probably aim for $3k off the street price and try for better.
The fact that I got it for a song only means I can painlessly trade out of it; it has little or nothing to do with what it's worth... I couldn't get one again for that price, that's for sure. GM Credit card rebates, you see.
Somewhere there is a cutoff where I'm gonna keep driving it; it's a good truck and once I'm on the road, I like it. I'm just a little disappointed in the low level of response.
Last year around this time, I sold a stick shift Vibe. Got decent money for it, but being > $10k and a stick, I had exactly ONE interested party.
At least I've gotten pretty good at weeding out the tire kickers, mostly thanks to the good people on these forums ;->
What else to get? Nothing for a while, keep driving the '85 van.
Cheers,
-Mathias
Year/Make/Model: 2003 Lexus ES 300
Body Style: 4 door
Engine: 3.0 Liter 6
Driveline: FWD
Mileage: 41,000
Color: Pearl white with tan leather
Major Options: normal ES300 - sunroof, standard 6 disc in dash, memory seats, etc...does have gold trim stuff.
Condition:
Both body and interior look great - but I know that means good, not excellent condition...
Tires - 30% worn
Brakes - front brakes new
Maintenance - all maintenance up to speed with good records
Other: No accidents or even dings.
So here's the question - my wife's Lexus is sneaking up on 4 years old, and nearing end of warranty period. Never have had a problem with it. We could trade it for a new one, or sell privately, or do nothing.
My inclination is to keep enjoying it, but the new one looks nicer, has a much more responsive engine, and doesn't have that blasted auto transmission that so many of us complain about...
Is there a "golden moment" to swap cars here while it still has some warranty left? Would a dealer have a particular interest in the car while he can still CPO it? I would not even consider trading it (I always sell privately), but I'm wondering if in this instance it might make some sense...how much cash would a swap take?
Opinions? (I KNOW you have them) Thanks!
The remaining warranty matters more for a private sale than to a dealer.
I offer my appologies to the pretty lady from St. Louis and anyone else I may have offended.
From previous posts, you may know that I try to help others with truck problems. All that has changed now that an 07 accord SE sits where the truck used to.
Again, my appologies to all.
I'd say I hope you get a chance to help others with Accord problems now, but I hope your new car is trouble-free.
MODERATOR /ADMINISTRATOR
Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
Review your vehicle
2003 Jaguar X-type
4 dr sedan
2.5 liter, 5 speed
AWD
47,500
White/Sand
Leather interior, normal wear, no tears
RF fender ding, small scratch on rear bumper
CD Player, factory Ipod connection
tires, 50% worn
new brakes
Full maintenance
Just looking for a trade in value
01 Accent L 3 door hatch
1.5L engine
5 speed
silver
The only "option" in the car is the rear defrost. No A/C, no clock, no nothing. Came standard with power brakes/steering and a tape deck.
46k miles now, probably 48k at sale.
Medium sized dent in left front quarter panel. Would be very easy to pop out. A couple small scratches, and one very small dent somewhere on the passenger door. Some paint is peeling off of the front bumper. Hasn't been repainted. No rust at all (only plastic under peeling paint) Side question - is there a chance the paint falls under the extended warranty? I have the 10/10 bumper to bumper, and just haven't looked in to it yet.
It has been dealer maintained. Oil changes every 2000-3500 miles (3 changes/year, basically), all major checkups done, timing belt replaced about 1 year ago, at maybe 42k miles. Tires are ~50% worn, but somewhat uneven. A 4 wheel alignment needs to be done.
Interior has no major issues, everything is where it should be, however, it's not particularly clean. There are a few stains (passenger seat, and a couple on the floor in the back). The interior plastics are a bit scuffed up in places, and there's been some yellowing of the steering wheel. Probably nothing unusual for an Accent.
Brake rotors were replaced a few years ago. Pads, well, probably at one of the larger service intervals (ditto for anything else that might be covered under them)
A co-worker casually offered $1800 for it, as is. Edmunds "trade in" is expected to be about $1700-1800 for it.
Would it be worth putting some new tires on and paying to have an alignment done? The dent is also very noticable, but is also clearly not a real problem.
The car has never been in an accident, has no insurance claims (dents from parking lots), and has not needed anything resembling a major repair in 6.5 years of ownership.
I'm in Nashua, NH.
Would it be worth putting some new tires on and paying to have an alignment done? The dent is also very noticable, but is also clearly not a real problem.
So you want just over $2k for it. A coworker offered $1800, but you are thinking about putting $300-$400 into it .... wouldn't it just make better sense to take the $1800 as is?
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Uh,,dents don't "pop out" without leaving stretched metal.
It's a stripper Hyundai Accent. I would take the 1800.00 and run like a thief in the night.
Sometimes the first offer is the best offer you're ever gonna get.....
asking price is 9700--what would be good buy?
john
1992 Honda Accord Sedan LX
4 door
4 cylinder
FWD
60,459
Brown exterior; Burgundy interior
AM/FM Cassette; AC; Power windows, Locks, Mirrors
There has been nothing altered in the mileage representation on this vehicle. It appears there has been no smoking inside this vehicle. There are a few door dings, scratches and rust on this otherwise beautiful vehicle, see pictures. This vehicle's transmission shifts out nice and smooth from gear to gear. The engine seems mechanically sound and can be driven anywhere with confidence. This vehicle is clean and has been well kept. The tires are fair and will need replaced soon. This car starts, runs and drives fine. The A/C is cold. All power features appear to work. The brakes, steering and suspension all feel good. There is some rust starting on the rear quarter panels and the antenna is broke off. There is a clicking noise when you start the car, probably from an aftermarket alarm or something, but goes away after a few minutes.
Dealer is ASKING $3995 but I know I can offer less. I think they want it off their hands.
What would be a FAIR, REASONABLE offer?
Thanks!
Once that is done, make an offer and see what the buyer counters. If the vehicle is in pretty good shape, it MIGHT be worth the asking price.
The '92 you're considering is a 16 y.o. economy car with some rust, bad tires, & a mysterious "clicking noise". The absolute MOST I'd pay is 1/2 of their asking price, & make them throw in new tires. I bet if you drove a similar honda into that dealer to sell it, they'd offer you $800.....
A 1993 Accord with 90K would be snapped up so fast at 1600.00 it wouldn't be funny.
The only thing that scares me would be the rust. Here in the west coast, we don't know what rust is but I know the presence of rust can reduce a car's value to nothing.
I was told it was below what they owed on the car. So, I said forget it and am moving on.