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Smart Shopper Real-World Trade-In Values
38829 messages, Last post on Nov 08, 2009 at 12:49 PM
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Looking to purchase a 3-4 yr old Civic-certified-LX model with automatic in the philly area.( 40kish miles).We went shopping this past weekend and asking prices seem insane with dealers asking 15-17k for a 3-4 year old one when I can buy a brand new one for 17.3k.(3 seperate dealers have offered me a new one at that price) Logic to me indicates that a 12k bid ought to get it done (given the price of new ones) What am I missing here and what price should net me a Civic like I am looking for?
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You want the same car everybody wants. You want a low mileage Certified Civic. We can't find these cars and when we do, we have to pay dearly for them. They we pay to have them shipped to us. We pay for detailing, recondition and for the certification. We are usually "in them" way over book value. Nothing wrong with your logic if you were shopping for a used domestic or maybe a Korean car. The Hondas, especially Civics just bring crazy money at the auctions. |
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thx Isell for your input.All the dealers around here have these high prices on the used ones and are discounting the new ones.Strange times.
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Replying to: jproc (Dec 02, 2008 5:22 pm) Not really, that's typically the norm. Someone else here said it best, "Used Hondas and Toyotas bring out the stupid money".
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Replying to: jproc (Dec 02, 2008 2:51 pm) |
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Replying to: volvomax (Dec 01, 2008 8:56 am)
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Replying to: wayside1 (Oct 24, 2002 10:46 am) - V6 with the 5 speed manual, cloth seats - color is Rosewood (I think that's what they call it, it's a browny maroonish color), inside is dark grey - no other options - no accidents, single owner, garaged - hood and one side have mild scratches where my kids did some damage taking their bikes out of the garage, no rust, a few parking lot dings - interior is pretty good, the seats are still in great shape, no tears or noticeabIe wear - mechanically it has been fine, engine never needed anything but oil changes, no transmission problems, no electrical problems, although I just started getting a nice crunching noise when I go around corners - brakes and tires are recent - passenger front electric window no longer works, passenger side lock detached from the door and is just hanging inside the door - 130,000 miles - western Boston suburbs I just traded this vehicle in (the deal happened fast and I didn't think of putting it in here until after the fact!) and I am curious how well I did. I got $1000. Thanks!
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Replying to: mikefm58 (Dec 02, 2008 5:28 pm) |
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Replying to: wayside1 (Dec 02, 2008 7:09 pm)
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2007 VW GTI. 4 door. Silver. moonroof/sat tunes package DSG tranny 18" wheel option (with summer tires, nice for a philly winter!) only 12K miles on it. Seems pretty clean overall. at a local new car (non-VW) dealer. what is a realistic price on this, considering it needs tires for the winter?
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