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resale of a standard SE 2002

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Old 03-31-2003, 11:51 AM
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resale of a standard SE 2002

Hi -

I have found a 6 speed 2002 SE at a good deal. I was wondering if this was due to it being standard transmission. How good is the resale market for a standard vs. an automatic transmission?

thx,
M.
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Old 03-31-2003, 12:01 PM
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Re: resale of a standard SE 2002

Originally posted by myamin
Hi -

I have found a 6 speed 2002 SE at a good deal. I was wondering if this was due to it being standard transmission. How good is the resale market for a standard vs. an automatic transmission?

thx,
M.

make sure it's not an Ex-rental.

...though most of those are autos...
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Old 03-31-2003, 12:17 PM
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Like myamin says, make sure it's not a rental. I've been shopping for a 2002 Maxima as well and a LOT of them are rentals. I doubt any rental company would ever buy a 6-speed Maxima though so you should be safe.

EDIT: Oops, I meant to say like 00gxe5sp said to do.
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Old 03-31-2003, 12:21 PM
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Re: Re: resale of a standard SE 2002

Originally posted by 00gxe5sp



make sure it's not an Ex-rental.

...though most of those are autos...
It's a repo. asking 14.5K with moonroof. I am just not sure about the standard transmission. I learned driving on a stick shift so it's no problem for me although all the previous cars I have owned have been automatic.
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Old 03-31-2003, 12:25 PM
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Re: Re: Re: resale of a standard SE 2002

Originally posted by myamin


It's a repo. asking 14.5K with moonroof. I am just not sure about the standard transmission. I learned driving on a stick shift so it's no problem for me although all the previous cars I have owned have been automatic.
Unless you drive in a lot of heavy city traffic, go with the 6-speed. I'm looking for the Maxima for my wife who wants the auto primarily because of all the city traffic she sits in.
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Old 03-31-2003, 12:29 PM
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Re: Re: Re: resale of a standard SE 2002

Originally posted by myamin
I am just not sure about the standard transmission.
Go and test drive it. More people regret getting the AT than the 6 spd.
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Old 03-31-2003, 12:32 PM
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Re: resale of a standard SE 2002

Originally posted by myamin
Hi -

I have found a 6 speed 2002 SE at a good deal. I was wondering if this was due to it being standard transmission. How good is the resale market for a standard vs. an automatic transmission?

thx,
M.
whats the mileage?? 6 speeds are rarer than autos, so that might contribute to price differences..me being in the city, makes driving a manual prohibitve due to traffic...$14.5k for an 02 with sunroof sounds like a bargain as long as its not beat inside or out and doesn't have a gizillion miles on it
 
Old 03-31-2003, 12:38 PM
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Re: Re: resale of a standard SE 2002

Originally posted by NT2SHBBY


whats the mileage?? 6 speeds are rarer than autos, so that might contribute to price differences..me being in the city, makes driving a manual prohibitve due to traffic...$14.5k for an 02 with sunroof sounds like a bargain as long as its not beat inside or out and doesn't have a gizillion miles on it
mileage is not bad: 22K. It should be true mileage. I haven't heard any fooling around with the digital odometers.
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Old 03-31-2003, 01:34 PM
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Get the VIN # and get someone at the top of the general forum to do a carfax check for you. Def a good price!
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Old 03-31-2003, 01:38 PM
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Re: Re: Re: resale of a standard SE 2002

Originally posted by myamin


I haven't heard any fooling around with the digital odometers.
I have, don't assume that. I would suggest doing what MaxSE03 said, but also inspect the car real well. If a person was "smart" in his/her odometer fraud, then it'll be close to impossible to find out.

With the 6sp, I would imagine that they would sell for at least as much as the autos. I recall a LOT of people looking for 02/03 6sp, and having no luck finding them. These cars are an exception to the rule where autos tend to generate higher resale value. Maximas, as compared to Accords and Camrys, have a higher percentage of "enthusiasts" owning them, so that helps in the 6sp demand.

Good luck!
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Old 03-31-2003, 03:51 PM
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14.5k for an 02 is excellent, you can barely find an 00 manual for that low. Check into that car and make sureit doesnt have a salvage title etc. becasue that price is very,very,very low for an 02 regardless of what it has. Most are running from 17.5k-22k still that I see. Like the guys said most(95% I would say) of the 02 for sale are previous rentals but they dont rent 6spd manuals
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Old 03-31-2003, 03:54 PM
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Re: Re: Re: Re: resale of a standard SE 2002

Originally posted by vito1281


I have, don't assume that. I would suggest doing what MaxSE03 said, but also inspect the car real well. If a person was "smart" in his/her odometer fraud, then it'll be close to impossible to find out.

With the 6sp, I would imagine that they would sell for at least as much as the autos. I recall a LOT of people looking for 02/03 6sp, and having no luck finding them. These cars are an exception to the rule where autos tend to generate higher resale value. Maximas, as compared to Accords and Camrys, have a higher percentage of "enthusiasts" owning them, so that helps in the 6sp demand.

Good luck!


Get the 6 sp.
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Old 03-31-2003, 04:07 PM
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Re: Re: Re: Re: resale of a standard SE 2002

Originally posted by vito1281


If a person was "smart" in his/her odometer fraud, then it'll be close to impossible to find out.

no i'm sure it would be possible. i mean u could have a professional inspect the odometer to verify its authenticity
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Old 03-31-2003, 05:30 PM
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Many repos are abused cars. If they can't pay for the car they can't pay for oil changes or anythign else. So your $14.5 car may need a little work down the road. And I don;t know how the title will show as a repo. That could hurt resale.

As for the 6 speed. I just bought one with 22K miles on it. Perfect condition. OEM tires look brand new, etc... Paid $17.5.
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Old 03-31-2003, 07:06 PM
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get a carfax report, if everything comes out clean then buy that bad boy.
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Old 03-31-2003, 07:19 PM
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Re: Re: Re: Re: Re: resale of a standard SE 2002

Originally posted by Padsy 02 6sp




Get the 6 sp.
WTF??? You have a point to make?
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Old 03-31-2003, 07:22 PM
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Re: Re: Re: Re: Re: resale of a standard SE 2002

Originally posted by max...to the ma


no i'm sure it would be possible. i mean u could have a professional inspect the odometer to verify its authenticity
If it's been rolled back, how would you know if it's authentic? It's a physical device that's reset, so there's no way of knowing whether it was tampered with. With the digital ones, there's no mechanical device, but there are ways to reset it so that there's no trace.

The only thing I can think of is keeping another, "secret" odometer somewhere in the car, and verify that one with the main one. I'm not sure if car manufacturers are using this method, but I think it would work (unless people find out about where these are located).
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Old 03-31-2003, 08:26 PM
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Not everything shows up on carfax. Just an FYI. so take a clean carfax with a grain of salt.
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Old 03-31-2003, 09:15 PM
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Are you guys kidding me?! I bought my 02 maxima SE 6spd for 27500 and that was like 6 month ago. A used 02 maxima selling for 14500 right now is only a good deal?!?!? Why I think it should at least sell for 24000! with a resale value of that low, who would buy a new maxima anyways?!!?!?! This totally contradicts the law of supply and demand. If i knew of this low resale value, i would have never bought this car in the first place....... sigh
 
Old 03-31-2003, 09:46 PM
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Originally posted by PoweredbyNissan
Are you guys kidding me?! I bought my 02 maxima SE 6spd for 27500 and that was like 6 month ago. A used 02 maxima selling for 14500 right now is only a good deal?!?!? Why I think it should at least sell for 24000! with a resale value of that low, who would buy a new maxima anyways?!!?!?! This totally contradicts the law of supply and demand. If i knew of this low resale value, i would have never bought this car in the first place....... sigh
Thats not typical(not heard of for an 02 6spd) that is why we are trying to find out, that price is very,very,very low!
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Old 04-01-2003, 02:02 AM
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Originally posted by PoweredbyNissan
Are you guys kidding me?! I bought my 02 maxima SE 6spd for 27500 and that was like 6 month ago. A used 02 maxima selling for 14500 right now is only a good deal?!?!? Why I think it should at least sell for 24000! with a resale value of that low, who would buy a new maxima anyways?!!?!?! This totally contradicts the law of supply and demand. If i knew of this low resale value, i would have never bought this car in the first place....... sigh
How fully loaded was that SE? My 2K2 GXE w/under 11000 miles that I bought brand new on 11/30/2001 has a private party sale value of $18550 according to kbb.org (and to me, kbb is on the high side).
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Old 04-01-2003, 05:09 AM
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If the used 6spd cars are selling cheaper than the auto's it's because of reseller and or market ignorance. The 6 speed cost every bit as much new as the auto did. And if it has the HLSD it actually costed $400 more.
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Old 04-01-2003, 05:43 AM
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Originally posted by PoweredbyNissan
Are you guys kidding me?! I bought my 02 maxima SE 6spd for 27500 and that was like 6 month ago. A used 02 maxima selling for 14500 right now is only a good deal?!?!? Why I think it should at least sell for 24000! with a resale value of that low, who would buy a new maxima anyways?!!?!?! This totally contradicts the law of supply and demand. If i knew of this low resale value, i would have never bought this car in the first place....... sigh
Hi -

The car in question is a Repo. It also has a rear bumper in need of body work. Hope this helps answer your concerns.

Mohmd.
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