43819 messages,
Last post on May 22, 2013 at 5:15 AM
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#43392 of 43819 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 43819 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 43819 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 43819 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.
#43397 of 43819 2010 Saab 9-5 Aero
by sbuhler
Jan 04, 2013 (12:55 pm)
Would appreciate a current wholesale value of the following:
2010 Saab 9-5 Aero, 20K miles, with NAV
Color: Silver
19 inch wheels
Louisiana Area
Great condition.
Don't know how many of these have went over auction since only a few hundred of the 2010s were built for the USA.
Thanks!
#43398 of 43819 Re: Hey qbrozen [stickguy]
by robr2
Jan 04, 2013 (1:23 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.
Even if it doesn't make financial sense - they may still fix it. Back in 2003 I was in an accident with my Accord. By the time it was fixed, the insurance had sunk about $10K into a vehicle worth about $12K. In 2005, I was hit again. Damage was about $7K on a vehicle worth about $9k (per books) but the insurance insisted on fixing it. The body shop said it was because they had sunk so much into it the first time, they weren't willing to total it.
Jan 07, 2013 (11:23 am)
northern NJ - just outside NYC
2004 Honda Civic EX
4 door
automatic, 1.7L 4 cyl
FWD
48,500 miles
ruby (dark red) exterior/cream interior
standard options
front/back bumper is scratched, front bumper is dinged from a minor fender bender - indentation from the license plate screw
tires don't match - 2 have about 15000 miles of wear, one about 10000, one less than 5000
brakes were checked out less than 1000 miles ago and were fine
regular oil changes, other fluids checked/changed as needed
accident in 2009 - rear passenger door was damaged, completely repaired
vandalism in 2009 - passenger side keyed from front to quarter panel, tires slashed - repainted and tires replaced
i know due to the accident/vandalism the value is way below what i could have gotten if it were clean, but what do you think i can realistically get for this car? i want to get rid of it because i moved into NYC and have no need for a car anymore. I really appreciate your help!
#43400 of 43819 Re: 2005 Honda Civic LX SE [kyfdx]
by clm8
Jan 07, 2013 (11:57 am)
I took the car to CarMax today. They offered $5000. Now I need to decide if I want to deal with selling it myself. They came in a little higher than I was expecting.
#43401 of 43819 Re: Hey qbrozen [nyccarguy]
by qbrozen
Jan 07, 2013 (12:14 pm)
Thanks. Same to you.
Is this a Limited or Sport?
The base model is roundabout $7k-7500 at the block. Maybe $8k for a sport. And $9500-10k for a limited.
Now, of course they would have to pay replacement value. So they are looking at something like an $11k check to the owner. By paying $7900, they are only 72% of that figure. I'm not surprised by the decision.