When I met my wife she had a '98 Ford Contour and we just got rid of it last week. We bought an '06 Rav4 and the dealer offered us $1000 for the trade-in. We refused that offer knowing that I could get more for it elsewhere. The day after we bought the Rav4 we took the car to Carmax and were pleasantly suprised at their offer. They offered to buy it for $1700 :Q KBB lists the trade-in price in excellent condition as $1,575($945 for fair condition)!
They did their inspection of the Contour and said "Everything was in good shape relative to the age of the car" which surprised me because here is what I knew was wrong with the car:
1) The A/C compressor needed replacement and the A/C clutch was making all kinds of racket.
2) The back drum breaks needed replacing and were squealing.
3) The car was leaking oil(I found oil spots in my garage).
4) It was shifting pretty hard and I think the shocks/struts needed replacement(the car had over 100,000 miles on it with basically all original parts)
I have no idea what they are going to sell it for but I assume it will be 3 times what they bought it for and some poor schmuck will buy it and end up with a maintenance nightmare.
C/N: Carmax gave me a lot for my car and be careful buying used cars from them.
They did their inspection of the Contour and said "Everything was in good shape relative to the age of the car" which surprised me because here is what I knew was wrong with the car:
1) The A/C compressor needed replacement and the A/C clutch was making all kinds of racket.
2) The back drum breaks needed replacing and were squealing.
3) The car was leaking oil(I found oil spots in my garage).
4) It was shifting pretty hard and I think the shocks/struts needed replacement(the car had over 100,000 miles on it with basically all original parts)
I have no idea what they are going to sell it for but I assume it will be 3 times what they bought it for and some poor schmuck will buy it and end up with a maintenance nightmare.
C/N: Carmax gave me a lot for my car and be careful buying used cars from them.