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Car Forum / Driving, Maintenance, Tuning / Maintenance and Repair / March 2006

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Toyota Corolla LE for $7k with 98k miles. good price?

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frankins@gmail.com - 18 Mar 2006 06:38 GMT
I plan to purchase a Toyota Corolla LE with 98000 miles for $7000 out
the door. It comes with White, LE, automatic, air conditioning, power
windows, power locks, cruise, tilt, Driver Air Bag;  Air Conditioning;
Cruise Control;  Passenger Air Bag;  Rear Window Defroster;  Power Door
Locks;  Power Mirrors;  Power Windows;  Power Steering;  Tilt Wheel

Is this a good deal? If not what should the highest price be when
paying for this vehicle?

Thanks for any advice you may provide for me
Shep - 18 Mar 2006 13:25 GMT
And what year is this "good" deal?
>I plan to purchase a Toyota Corolla LE with 98000 miles for $7000 out
> the door. It comes with White, LE, automatic, air conditioning, power
[quoted text clipped - 6 lines]
>
> Thanks for any advice you may provide for me
Al Bundy - 18 Mar 2006 14:10 GMT
You are looking for a nursemaid here and can't even say what year the
dam thing is. Like they say, "A fool and his money are soon parted."
You are letting the tail wag the dog. This vehicle has 98,000 miles on
it and you are buying it from a dealer, based on your wording "out the
door." There's a screwing in there somewhere. You should first be
inspecting the mechanicals on the vehicle, not the white paint. Or did
the dealer inspect it for you and tell you it's fine and dandy?
Before you buy any car you should know what its value is on the market
within a range. You can find help on several car sales sites for this
or simply keep checking your own classifieds where you live to get a
feel for prices over time.
Knowledge is power and ignorance is poverty.
Shep - 18 Mar 2006 17:01 GMT
Yeah ,it's called self help, about 10 sites with car values, but if they
don't know what they are buying I guess that won't help!
> You are looking for a nursemaid here and can't even say what year the
> dam thing is. Like they say, "A fool and his money are soon parted."
[quoted text clipped - 8 lines]
> feel for prices over time.
> Knowledge is power and ignorance is poverty.
frankins@gmail.com - 19 Mar 2006 00:26 GMT
Sorry for not putting the year. This is a 2000 Toyota Corolla LE
Steve B. - 19 Mar 2006 04:24 GMT
>Sorry for not putting the year. This is a 2000 Toyota Corolla LE

No this is not a good price.  Sounds more like the sticker price you
would find on this car in a "Buy Here Pay Here" lot in the bad side of
town

Check your values at Edmunds or NADA web site.  You can do much much
better!

              Steve B.
 
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