I know what Kelly Blue Book says, but.....
#1
I know what Kelly Blue Book says, but.....
With every possible factory option and significant modding and 59K miles, what do you think I could really get for my Max? Is it true that I could get no more than book trade-in/private sale value?
I'm beginning to think hard about a new ride or staying with my Max for the long haul.
Thanks,
Trex
I'm beginning to think hard about a new ride or staying with my Max for the long haul.
Thanks,
Trex
#3
since it's winter, i doubt you will get even private party. you should be able to get a few hundred above trade in, but dont expect much more
in the spring/summer, then it'll get closer to the kbb value...but people never pay book value for a car anyway (nor should they)
in the spring/summer, then it'll get closer to the kbb value...but people never pay book value for a car anyway (nor should they)
#5
To give you an idea, my Max was totalled , and had similar mileage as yours.....I will be getting $16k from the insurance company. I had every option available on my 2k2. They didn't give me much for the mods either........hope that helps..
#6
The value of you max actully gets worst with modding. If you sell the car to a fellow orger you may get money out of mods but on the market you are in for a rude awakening. Dealers will usually not buy modded cars because nobody will buy them. 80% of the people in the market for these cars (probably more) would not buy a modified maxima. Also a dealership cannot warranty modified parts so why would they even bother selling them (most wouldn't)?. These are not sports cars like EVOs. Your best bet at selling it would be to restore to OEM if you want to sell it for something close to book value. This is why I stopped modifying my car because not only do you sink hundreds, if not thousands, into the parts the car also loses value with every part. I have had to learn this the hard way and I guess so do you. I have had people look at my previous car and tell me that they would have bought it if it was not modified (even though I was offering $2000 less than book value).
Mark
Mark
#8
Guest
Posts: n/a
I've checked my Max. It has no resale value. Price droped almost half for my 02 and that's just reg resale value. I also compared with my friend's 02 accord, I put the same milage as my friend but I have alot more features on the car and the value is $500 less than the accord. The fully loaded accord is prob $25,000 and $30,000 for a Max brand new. The accord still has a better resale value. So good luck on whatever u trying to do.
#9
Sell all of your mods and put the stock parts back in if you have them. Always keep stock parts!... I wish i had mine... When I sold my 1997 SE I basically lost every cent I put into it. (cleared out taillights, clear corners, silvania silverstar, injen cai, straight pipe)... If anything ebaying your car might get you more money but it depends who is shopping for a car a the time...
#11
Originally Posted by khynex
dont know if it helps i got an 02 max se auto, cloth int. for 15k with 15k miles on it......from an acura dealer in sept
how did you get a deal like this? I paid more and the car had 60K miles...
#12
Originally Posted by dkotanto
how did you get a deal like this? I paid more and the car had 60K miles...
I paid 14K straight from dealer auction out In NJ, 20K Miles.
I would part out all the mods from your car before going to the dealer to trade it in.
I've kept my maxima stock, besides music, strut bars, tires and tints motor wise its darn near stock.
When time comes to trade it in, i'll take off every single thing thats after market, including the tints and go trade it in.
offcourse in 3 years at max i would get 10K
#13
#15
Paid $19,000 +taxes for my 2k2 (with 9000 miles, I got the car at cost from NMAC Fleet) in July'02 -- credit union valuing it at 16k for refinance (54,000 miles now.) Considering I had a 5000 downpayment I financed (originally) about 17k, could get 16k for it, I owe 10 on it...
...so my "depreciating" Max has turned my 5,000 down payment into 6,000 equity, a gain of +$1,000 in 2.5 years. Not bad.
It pays to shop your car around before you trade.
...so my "depreciating" Max has turned my 5,000 down payment into 6,000 equity, a gain of +$1,000 in 2.5 years. Not bad.
It pays to shop your car around before you trade.
#16
Originally Posted by paralyse
Paid $19,000 +taxes for my 2k2 (with 9000 miles, I got the car at cost from NMAC Fleet) in July'02 -- credit union valuing it at 16k for refinance (54,000 miles now.) Considering I had a 5000 downpayment I financed (originally) about 17k, could get 16k for it, I owe 10 on it...
...so my "depreciating" Max has turned my 5,000 down payment into 6,000 equity, a gain of +$1,000 in 2.5 years. Not bad.
It pays to shop your car around before you trade.
...so my "depreciating" Max has turned my 5,000 down payment into 6,000 equity, a gain of +$1,000 in 2.5 years. Not bad.
It pays to shop your car around before you trade.
You also make monthly payments plus interest, have you factored in the total amount you have paid over 3 years plus 5000 downpayment?
#17
Originally Posted by SKYRockerr
You also make monthly payments plus interest, have you factored in the total amount you have paid over 3 years plus 5000 downpayment?
#18
Dude keep the car!!!! you got 1 of the best years and color and have it nicely modded
and front wheel drive for up north.
On the other hand i'll give you $15000 for it right now if you wanted to sell it
(I'm trying to get my wife in a max)
and front wheel drive for up north.
On the other hand i'll give you $15000 for it right now if you wanted to sell it
(I'm trying to get my wife in a max)
#19
This is why i keep nearly every stock part the car came with, when i go ahead and mod it. I can always say, restore my car to stock, then hock my mods off to ebay or org members. Yet if you think about it: at the rate my car deprecates in value, what sense would it even make to sell it? I'm sure i could get 17k or so my 6 speed at 25k miles, yet i love the car, and if i ever sell it, it's going to be a piece of junk thats falling apart at that point (in a few years). Just not worth selling it.
#21
I look at it this way. If I sold the car for $16,000 I could turn around and pay off the $10,000 balance and have $6,000 in my pocket.
If I sold it for $15,000 I'd be right back even with where I started at 2.5 years ago (all I had was $5000 cash to buy a car with.)
Even if I only got 12.5K for it I'd only have suffered total losses of $2500, not including oil changes, a brake job and 1 set of tires.
If I sold it for $15,000 I'd be right back even with where I started at 2.5 years ago (all I had was $5000 cash to buy a car with.)
Even if I only got 12.5K for it I'd only have suffered total losses of $2500, not including oil changes, a brake job and 1 set of tires.
#22
well all ino is if ur car had a lil less miles on it i would buy it lol....especially since ur close to me and i love your car
actually if ur actually serious about selling ur call hit me up an email ....immaculatepro@yahoo.com
actually if ur actually serious about selling ur call hit me up an email ....immaculatepro@yahoo.com
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