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What price can I really expect for a 1-2 years old car?

 
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Michaelasj Michaelasj
New User | Posts: 2 | Joined: 09/10
Posted: 09/29/10
07:36 AM

I am looking for a good deal for a small car in California. We were thinking about a Honda Sivic, a Mitsubishi Lancer or a Nissan Rouge.

My boyfriend and I watched online prices for a few weeks now, but there are very often just small differences between the price for a new car and the prices for a 2009 or 2008 car with about 30,000 mi.

I wounder if there is a rule, at least approximately, which price I can pay for a used car, f.e. -20% from the price for the new car for the first year and -10% for every further year.

The online prices for the Honda f.e. are about 13,000 to 15,000. But last weekend in Florida I saw a Ford F50 for 17.999 - new. Thats a lot more car, so I have doubts if the online prices are the prices I should calculate.

Could somebody advice me?

Thanks in advance!  

 
waynep7122 waynep7122
Addict | Posts: 4562 | Joined: 08/09
Posted: 09/29/10
09:43 AM

you have to understand... about selling anything....


buy low.. sell high.... as high as the market will pay....

if the first guy passes... there are dozens more standing in line right behind him to pay for it...


there is a price guide on the main page and probably above  to check used car prices... in your area..


the one thing you might want to do is take a small subscription to carfax... so you can just log in and check the reports on each car first hand...  

 
Michaelasj Michaelasj
New User | Posts: 2 | Joined: 09/10
Posted: 09/29/10
01:00 PM

So do you think the online prices are realistic?  

 
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