Newish Used Car value

[geekender]

I know, I know....hold on to the car for a few years so you don't take a beating.......

Here's the deal: I have a 2002 Honda Accord LX 5-speed that I am about to trade/sell. KBB, Edmunds, and NADA don't have a value (too new). How is the best way to determine a fair selling price?

 

[ElFenix]

cars drop 20% the moment you take them off the lot

 

[Thegonagle]

I assume it's in perfect (like new) condition. How many miles?

I'm going to hope it's still under 10-12K miles, and guess that if you're going to trade it, it's worth about $13,000-14,000, or else, about $15,000-16,000 in a private sale.

I'd buy it for $15,000, if I weren't getting ready to buy a house. Maybe Rossman will take it.

 

[geekender]

15,000 miles....crap. Guess I'll hold on to it for another year.

 

[RossMAN]

Originally posted by: Garfang
I assume it's in perfect (like new) condition. How many miles?

I'm going to hope it's still under 10-12K miles, and guess that if you're going to trade it, it's worth about $13,000-14,000, or else, about $15,000-16,000 in a private sale.

I'd buy it for $15,000, if I weren't getting ready to buy a house. Maybe Rossman will take it.

LOL I just happened to stumble upon this thread and saw that.

No thanks I'd prefer an automatic. How else am I going to yak on the phone, drink my Latte and make out with my wife?