43808 messages,
Last post on May 20, 2013 at 7:35 AM
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Car Buying
Appraise your car
get trade-in, private party, dealer retail values.
#43387 of 43808 Re: 2005 Honda Civic LX SE [clm8]
by nyccarguy
Dec 29, 2012 (1:48 pm)
I'm going to guess they offer you $4K for the car initially & depending on how willing you are to walk out & how bad they need to move a unit, maybe give you $4500 (they'll say stick + over 100K will make it a tough sell/straight to auction car).
I'd almost hold on to the car until spring if you can. You should definitely get $6K from the right CL buyer. It's a perfect 1st car for a HS kid with a spring birthday.
Let's wait to see what qbrozen says though. He's the expert!
#43388 of 43808 Re: 2005 Honda Civic LX SE [nyccarguy]
by stickguy
Dec 29, 2012 (3:12 pm)
I could easily see a dealer at 3K if they are dealing with real wholesale, not an overallowance. Miles, stick, cheaper car. Maybe if it glowed after recon a dealer might put it on the lot at $6,995? so they won't want to be in much more than 3-3.5.
Agreed though that it should go quick if it is in really nice shape, with records, for an easy $4,500-5K on CL.
#43389 of 43808 Re: 07 Honda Civic Hybrid [koctailz]
by qbrozen
Dec 29, 2012 (7:14 pm)
Not really. Problem is, if selling private party, it is a barrier that creates a smaller market. But, speaking strictly of value, it doesn't make a difference.
Here is a sample to consider.
12/28/12 DFW Regular $6,800 90,503 Avg GREY 4H A
12/13/12 ATLANTA Regular $7,000 97,196 Avg BLUE 4H A
12/06/12 TX HOBBY Regular $6,850 100,118 Avg BLUE 4H A
12/28/12 DALLAS Regular $7,700 103,934 Avg WHITE 4H A
#43390 of 43808 Re: 2005 Honda Civic LX SE [clm8]
by qbrozen
Dec 29, 2012 (7:17 pm)
I have just about no data to go on, but about 3 months ago, one with 95k sold for 5700. So figure, at best, that's $5k trade-in. Given the time that has passed and the extra miles on yours, you'd probably get a $4k offer and maybe possibly push it to 4500. Looks like NYcarguy wins the raffle.
#43391 of 43808 Re: 2005 Honda Civic LX SE [qbrozen]
by clm8
Dec 29, 2012 (8:30 pm)
Thank you all very much. I think I'll hold onto it and try to sell it myself.
#43392 of 43808 Re: 2005 Honda Civic LX SE [clm8]
by nyccarguy
Dec 29, 2012 (9:45 pm)
Either way, let us know how it works out.
Hey q. We should open up our own car buying consulting business;)
#43393 of 43808 Re: 2005 Honda Civic LX SE [clm8]
by kyfdx HOST
Dec 30, 2012 (9:42 am)
yeah... if you put it up for sale, let us know.. I'd be interested to see what it brings, since I'm local...
Jan 04, 2013 (8:08 am)
Happy & healthy new year to you my friend! I need your expertise & assistance once again. My book keeper recently had an accident with her 2006 Toyota Highlander. There is $7900 worth of damage & GEICO wants to fix the car! Let me give you the specs & see what you can come up with as far as a value goes (in average condition):
2006 Toyota Highlander
V6
FWD
Baby Blue
Grey Leather
3 rows of seats
100,000 miles
Bronx, NY
I only found 1 for sale on autotrader (excellent condition naturally) within 100 miles of here with 121K listed for almost $11 grand. I gotta believe they paid what $8K at auction (or on a trade)?
Thanks as always!
#43395 of 43808 Re: Hey qbrozen [nyccarguy]
by jproc
Jan 04, 2013 (8:23 am)
I can't help you with what it is worth but Insurance companies payout retail when they total a car. So if the car is worth more than 7800 retail (including any sales tax ) they will want to fix it rather than total it
#43396 of 43808 Re: Hey qbrozen [jproc]
by stickguy
Jan 04, 2013 (12:45 pm)
that is one of my fears now that we have a new, relatively expensive car (an RDX). We could have one heck of an accident, and it would still make financial sense to fix it.