Originally posted by: flyboy84
Originally posted by: sniperruff
Originally posted by: flyboy84
Originally posted by: sniperruff
Originally posted by: 0roo0roo
asking price is pretty close to new price... and yes that is a lot of miles.
it's obviously a rip-off price. since the new model is coming out pretty soon as well. i say $11-13k is more reasonable, with that milage and all.
oh, flyboy, i don't think many people pay full MSRP, for a civic. offer him about $1-2k lower than KBB private would be more reasonable.
Right, I'm thinking of offering 14.5 Starting? Or should I go lower?
KBB gives me $14225 private with excellent condition. i say starting at $12k or so would be fair. with $14k, you can get a Si, with slightly higher miles and maybe a year or two older.
Interesting...so you're saying I should start at 12ish...where do you think the negotiations might end up falling? 14? 15? I'm new to the car scene, especially used cars.
you, as a buyer, obviously wants to pay the least amount of money for the car, while the seller tries to get as much money for it as possible.
therefore if i'm selling a car, i'd jack up the price a bit, leave a bit space for negotiation. therefore, the asking price for a car is usually higher than the reasonable price.
in this case, it's a fairly new civic with slightly high miles, so he'll stress 3 things: it's a 2004, the 24k are mostly highway miles, and civics run forever (not true)
so you'll just have to realize that it's a 2004, already with 24k miles on it, highway or not. always assume the worst... maybe he used the car for making deliveries? who knows.
so try with a little lowball-ish price of $12k. of course he'll say it's ridiculous and then counter-offer with a price somewhere along the line of $14k and say that it's already below KBB. but alas nobody wants to pay KBB for a civic. so countinue to bargain with him, maybe offer him $12750?
personally i'd consider something around low $13k to be a reasonable price for this car. good luck.
oh btw edmunds.com gives me $13378 with auto and 25k miles in my zip code (im in queens). so i'd say somewhere around $12k would be a fair price.