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value of 260,000 mile Maxima SE

Old 02-25-2003, 12:55 PM
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value of 260,000 mile Maxima SE

I have a 1997 Maxima SE. Pearl white/tan leather, auto, bose. I bought it new and now have right at 260,000 miles on it. I don't really have a need for this car anymore and now I am thinking of getting rid of it(choking up garage space). What the heck is a car like this worth?
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Old 02-25-2003, 12:57 PM
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http://www.kbb.com/
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Old 02-25-2003, 01:01 PM
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Re: value of 260,000 mile Maxima SE

Originally posted by caz41
I have a 1997 Maxima SE. Pearl white/tan leather, auto, bose. I bought it new and now have right at 260,000 miles on it. I don't really have a need for this car anymore and now I am thinking of getting rid of it(choking up garage space). What the heck is a car like this worth?
KBB.com

Engine: V6 3.0 Liter
Trans: Automatic
Drive: Front Wheel Drive
Mileage: 230,000

Equipment
Air Conditioning
Power Steering
Power Windows
Power Door Locks
Tilt Wheel
Cruise Control
AM/FM Stereo
Cassette
Single Compact Disc
Premium Sound
Dual Front Air Bags
Leather
Alloy Wheels

Consumer Rated Condition: Good

Private Party Value $6,780
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Old 02-25-2003, 01:01 PM
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$5,175
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Old 02-25-2003, 01:02 PM
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a 97 with 260,000 miles on it Man you travel a lot.

How did the car hold up after all those miles? Any major repairs you'd like to share with us?
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Old 02-25-2003, 01:13 PM
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The Max held up very well. I ran Mobile 1 engine oil and trans oil from day one. Did all the major services and changed the oil religously. Replaced Trans at 205,000 miles with a new one. Both CV axles, alternator, starter, radiator new in the last 25,000 miles.

Those values seem kind of high to me. I'd be tickled pink to get any of the figures you guys mentioned. Does anyone know of an actual sale price of a max with similar mileage.
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Old 02-25-2003, 02:22 PM
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good god

ID say 2500.00 or so, its too bad our cars dont hold resale well.

Hey i only paid $4000 for my 95 auto w/ 90,0000 miles, its different for everyone though. <oh hail damage included>
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Old 02-25-2003, 02:50 PM
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Re: good god

Originally posted by bobjohnson
ID say 2500.00 or so, its too bad our cars dont hold resale well.

Hey i only paid $4000 for my 95 auto w/ 90,0000 miles, its different for everyone though. <oh hail damage included>
wow, 90,0000mi! I assume you mean 900,000mi right
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Old 02-25-2003, 04:09 PM
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Re: Re: good god

Originally posted by Miasma


wow, 90,0000mi! I assume you mean 900,000mi right
my max 1995 full loaded(just the seats are clothop..) cost me 4,900 with 124,000.

i saw a lot of maximas before buy this one and the average was lik 8,000-7,000 of course depending the miliage but was like 100,000 miles.
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Old 02-25-2003, 05:02 PM
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Realistically consumers wont fork out more than 3 or 4 grand for a car with 250,000+ miles on it. The reason why? They can get a car a couple years older with half the mileage for the same price. Most consumers dont buy cars they think may break down in the next 30,000 miles. And although i think maximas are good for tons of mileage, you'd have a hard time convincing someone to write you a 6 grand check for a car they may think will only last 3-6 more months before a major repair.
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Old 02-25-2003, 05:11 PM
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Re: good god

Originally posted by bobjohnson
ID say 2500.00 or so, its too bad our cars dont hold resale well.

Check the resale value on some of the new domestics, then say our cars have no resale value.

it also depends on where you live....
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Old 02-25-2003, 05:52 PM
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are you all crasy!!!?!?!?!?!?!? i paid 5600 for mine at 89000 miles and look at it! its mint. good fuc kbb those stupid expensive basterds
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Old 02-25-2003, 06:00 PM
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yeah, no way it's up at 5-6 grand. maybe 3k? KBB is not accurate at all alot of the time - sometimes the price barely changes with milage (e.g. supras, 300zxtt's, etc.)


Originally posted by brizsblackmax
are you all crasy!!!?!?!?!?!?!? i paid 5600 for mine at 89000 miles and look at it! its mint. good fuc kbb those stupid expensive basterds
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Old 02-25-2003, 06:13 PM
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I think there's a certain point at which KBB stops deducting for high mileage. There's no way a Max with 260k on it is going to sell for that much.

Why not make the thing sit in the driveway and use it as a beater?
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Old 02-25-2003, 06:29 PM
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~ $2500
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Old 02-25-2003, 06:36 PM
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Re: value of 260,000 mile Maxima SE

I think it would sum up around 2.5k to 3.5k max. If I were you, and money is not an issue, I would just donate the car and get a tax deduction for it. They usually give you a KBB value for your receipt.

Originally posted by caz41
I have a 1997 Maxima SE. Pearl white/tan leather, auto, bose. I bought it new and now have right at 260,000 miles on it. I don't really have a need for this car anymore and now I am thinking of getting rid of it(choking up garage space). What the heck is a car like this worth?
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Old 02-25-2003, 07:55 PM
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Whoa

I know a guy, he will give you 2800 cash for it!!!
 
Old 02-27-2003, 06:16 AM
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Thanks for the responses guys. I haven't decided yet what to do with the car.
I'll decide in the next couple months. I like the donation idea if I could get KBB value for the tax deduction. Otherwise somewhere around $2500-3000 is what I was thinking. I'll let you know what happens. I'm gonna wait till the 04 Max hits the showrooms here and see if they are going to be worth it, maybe I'll just trade for a new model.
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Old 02-27-2003, 06:55 AM
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yah, i don't think that car is worth much anymore. however, you could probably get what kbb says through the insurance. so i'd say its time to cook up an insurance scheme.
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Old 02-27-2003, 07:29 AM
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Originally posted by caz41
Thanks for the responses guys. I haven't decided yet what to do with the car.
I'll decide in the next couple months. I like the donation idea if I could get KBB value for the tax deduction. Otherwise somewhere around $2500-3000 is what I was thinking. I'll let you know what happens. I'm gonna wait till the 04 Max hits the showrooms here and see if they are going to be worth it, maybe I'll just trade for a new model.
Two things to keep in mind before donating a car:

1. While they "give" you KBB value for atax deduction, the amount of cash this puts in your pocket is tax rate times the value of the car.

2. You won't see any cash unless you itemize your deductions. If you take the standard deduction, you won't see anything from giving the car away.

* I've never actually done this, but that's my understanding of how it works. If anyone out there with a tax background can correct it, please do.
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