Resale of the 06 Civic
#1
10-09-2007, 07:37 AM
Resale of the 06 Civic
I was doing some research on resale values of Honda Civics from 2000 to 2007.
I have the 06 Civic Coupe LX.
What I found is Kelly Blue Books shows the MSRP ofmy car at $16,510.00.
Trade in would be approx. $13,750.00.
Retail would be $17,370.00
How could the retail price after two years be more than the original MSRP?
Is that the price the dealers would try and sell it for?
I see some just like mine going for around $19,000.00 at some dealers.
I would think that way they could go down in the price two grand and still get maximum retail value out of it.
I have the 06 Civic Coupe LX.
What I found is Kelly Blue Books shows the MSRP ofmy car at $16,510.00.
Trade in would be approx. $13,750.00.
Retail would be $17,370.00
How could the retail price after two years be more than the original MSRP?
Is that the price the dealers would try and sell it for?
I see some just like mine going for around $19,000.00 at some dealers.
I would think that way they could go down in the price two grand and still get maximum retail value out of it.
#3
10-15-2007, 10:44 AM
RE: Resale of the 06 Civic
You can pretty much forget about NADA or Kelly Blue Book price quotes. They tend to be somewhat inflated...sometimes alot inflated. Nowadays, most dealers establish trade-in values by whatever recent history is showing that similar vehicles are selling for at your closest, major auction house. Another more realistic source, which is coming more and more into use, particularly in the south, is the Black Book.
#4
10-16-2007, 10:06 PM
RE: Resale of the 06 Civic
ORIGINAL: wallgreens16
because they can
because they can
I picked up my 05 vp coupe for $14k brand new, a year later my exact car (minus side airbags) was at the same dealership with 30k miles on it for $17k.
Dealers can sell things for any price that they want and usually someone will buy it. Like buying a new DX for $19k, that's insane. Why in the world would someone buy the base model civic for a couple thousand less than the top of the line civic?!??
#5
10-17-2007, 07:37 AM
RE: Resale of the 06 Civic
ORIGINAL: DelawareDon
You can pretty much forget about NADA or Kelly Blue Book price quotes. They tend to be somewhat inflated...sometimes alot inflated. Nowadays, most dealers establish trade-in values by whatever recent history is showing that similar vehicles are selling for at your closest, major auction house. Another more realistic source, which is coming more and more into use, particularly in the south, is the Black Book.
You can pretty much forget about NADA or Kelly Blue Book price quotes. They tend to be somewhat inflated...sometimes alot inflated. Nowadays, most dealers establish trade-in values by whatever recent history is showing that similar vehicles are selling for at your closest, major auction house. Another more realistic source, which is coming more and more into use, particularly in the south, is the Black Book.
