Last post on Dec 12, 2013 at 9:09 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Honda CR-V, Wagon, SUV
#9159 of 13109 Re: help on tradein [jik]
Sep 23, 2009 (4:18 am)
I would not go by the kbb or Edmunds trade in values. The dealers use actual auction prices. One book they use is Galves. I would be prepared for a shock. I don't know too many Honda dealers that sell 9 yr. old cars of a different make. The only new car dealers by me that sell 9 yr. old cars are the big super center stores that sell three or four brands, usually domestic and Korean.
My guess is that they offer you $4000-4500, believing that if they take it to auction they can get at least $4500 for it. It will probably end up on some dealers lot with an asking price of $6995!
That is why, if you can take 3-4 weeks, and invest $150 or so in newspaper ads, and ads on cars.com or autotrader.com, you should be able to ask $5700-5800, come down to $5000-5200, and be ahead at least $700-800, maybe a thousand.
But then in a month there wil probably be no more 2009 CRVs left, and an 2010 will probably be a grand more. Or they might be a few 2009 CRVs left, and they might be even cheaper.
It's your call. If time is not important, and you have service records, the car has been maintained, the body and tires are good, etc. you could come out a grand ahead. But you'll have to be available to show it to buyers and it may take three-four weeks to complete the deal. If you don't get an response from newspaper ads in two weeks, I would give up on that idea. At least by me the ads are expensive, but the on line ads are cheaper. Of course you need to take pictures of the car for on line ads. I would think a nine year old Subaru with 90K on it would be pretty easy to sell. There must be people looking for a car to commute in, or for their kids. It's kind of unique because it has AWD and is good on gas.
If you did all that, and came out a grand ahead, the 2010 CRV should be arriving on dealers lots. It has some big improvements over the 2009, a compass, a bigger center armrest, 18 more H.P., I think it's bluetooth compatible too. Not to mention a redesigned grill/front end. You would also then be ahead on the Honda as far as resale value, as you'd have a 2010 instead of a 2009.
#9160 of 13109 Re: help on tradein [chuckfromli]
Sep 23, 2009 (5:56 am)
thanks chuck. Very interesting and thorough analysis.
I know I have to get following things done to sell myself --
1)tires which will cost $400
2)small dent in front near front wheel ?
All other things work in the car. Did I tell you how much I hate Subaru.
I just got it serviced at dealer for oxygen sensor less than month ago but the engine light has always given me issues. Dealer says he will charge me for diagnostic to determine if it is their work which would be under warranty.
Read the code from Carmax but it says oxy sensor, catlystic converter, etc. Not very specific.
The question is how much checking does the dealer do before taking in tradein car.
#9161 of 13109 Re: help on tradein [jik]
Sep 23, 2009 (6:45 am)
If it has a small dent, the check engine light is on, and it needs tires, I would be happy to take the dealers $4000 if they offer that.
It's gonna cost at least a grand to do the tires, sensor (if it's not the converter), and fix the dent. The dent alone may be $500-1000 depending on the size.
Personally, if they gave me even $3500, I would take it and move on. You've come this far in searching for a new car, do you really want to put money into the old one in the hope of selling it and maybe getting that money back?
#9162 of 13109 Re: Picked up 2009 CRV LX AWD [tigerliz]
Sep 23, 2009 (11:16 am)
HELLO, I AM GLAD YOU PUT YOUR BUYING EXPERIENCE HERE FOR THE REST OF US, BECAUSE I AM PLANNING ON BUYING THE SAME CAR AT THE SAME PLACE. I DON'T UNDERSTAND ABOUT THE TAX AND FEES ONLY COSTING 150.00? DID YOU NOT HAVE TO PAY DESTINATION FEE OR IS THIS COUNTING THAT? DID YOU NOT HAVE TO PAY AROUND 1200.00 FOR SALES TAX? I ASSUME YOU DIDNOT HAVE A TRADE IN. WAS THE 500.00 DEALER INCENTIVE GOING ON WHEN YOU BOUGHT YOUR CAR? THANKS FOR YOUR HELP. I HOPE YOU ARE ENJOYING YOUR CAR.
#9163 of 13109 CRV LX 4WD offered
Sep 23, 2009 (12:15 pm)
I am getting it for 20,500 including destination. 151 documentation.
Good deal or not?
Sep 23, 2009 (1:23 pm)
Don't be suprised if you get low balled on that 9 y/o Forester, and can't find a dealer willing to give you more than $2500. They'll use the CEL as the reason, and it's valid, they can't sell a car with a CEL, a dealer will have to unload it at auction where a small used car lot will sell it "as-is" and just reset the CEL before they let a customer test drive it.
I've learned that I rarely come even close to a kbb or edmunds trade-in value on the cars I've traded in.
I also noticed that used CR-V's are horribly overpriced. Espcially in the condition of some I've test driven. Lots of interior wear, tranny shifting fairly rough. Clearly abused vehicles but still "certified used".
#9165 of 13109 Re: low ball [motoguy128]
Sep 24, 2009 (4:48 am)
I am planning to buy new CRV
you are right -- SUVs age faster than cars for the normal city driving
#9166 of 13109 Premium of 2010 EX-L w/ Navigation over 2009
Sep 24, 2009 (5:18 am)
How much more would you pay for a 2010 model over 2009 this month? I'm looking for EX-L w/ Navi, AWD. $1000? $800? $1200?
Also do dealers have rebates from Honda for 2010? I can only find rebate info for 2009 on Edmunds.com.
Thanks for your help!
#9167 of 13109 2010 CRV 4WD EX-L w/Nav....Here is my best price
Sep 24, 2009 (3:15 pm)
2010 CRV 4WD EX-L w/Nav....Here is my best OTD price
$29,238 inc splashguards....what do you think?
Invoice w/o splashguards is $28370.51
Edmunds indicates that the invoice is $28,371 and others are paying $30,220
MSRP is $30,455
How did I do?
#9168 of 13109 Re: 2010 CRV 4WD EX-L w/Nav....Here is my best price [cama1]
Sep 24, 2009 (6:11 pm)
Thanks for sharing the price. What's your state tax rate? Also I haven't found rebate information. Assuming $500 rebate (same as 2009) and 7% tax rate (I'm in NJ) I'd be happy to get this price. I contacted a few internet dept for 2009 (same trim), they all quoted higher than your number (OTD).