Home | Contact Us | FAQ | Search & Site Map | Link to Us
Sign In | Join | Other 45 Sites in Network
HomeAnnouncements
Discussion Groups
By Brand
BMWChevroletDodgeFordGMHondaLexusMercedes-BenzNissanPeugeotToyotaVolkswagenOther Brands
By Topic
4x4 CarsRVsDrivingMaintenance & RepairCar AudioCollectible Cars
Country Specific
Australian ForumsUK Forums
ArticlesAuto InsuranceBuyingCars & TechnologyMaintenanceMiscellaneousSafety
DMV Resources
Related Topics
MotorcyclesBoatsMore Topics ...

Car Forum / Honda Cars / August 2007

Tip: Looking for answers? Try searching our database.

Trading in vs. selling an old Honda Accord

Thread view: 
Enable EMail Alerts  Start New Thread
Thread rating: 
techman41973@yahoo.com - 27 Aug 2007 04:54 GMT
I have a 97 Accord with over 230K miles. Runs well, worth about $2000
I plan on purchasing a 2008 Accord when they come out.
I am considering trading in, to avoid the time and hassle of selling
my old car.
Are there any strategies to use at the dealer to get a better price
for a trade-in.
I heard about dealer tricks such as "holding your car hostage" for
hours while a technician looks it over for appraisal. I would like to
hear from people who found trade-ins worth it when they bought a new
car. Any tips when trading in to dealer are appreciated
Thanks
Scott Van Nest - 27 Aug 2007 14:06 GMT
Do you have a Carmax in your area?  Just another option to validate what the
dealership would give you.

> I have a 97 Accord with over 230K miles. Runs well, worth about $2000
> I plan on purchasing a 2008 Accord when they come out.
[quoted text clipped - 7 lines]
> car. Any tips when trading in to dealer are appreciated
> Thanks
G-Man - 28 Aug 2007 14:23 GMT
> Do you have a Carmax in your area?  Just another option to validate what
> the
> dealership would give you.

Would CarMax touch a car with that many miles?

I gave up on trades.  I sell mine, and usually within a week.

G-Man
Dano58 - 27 Aug 2007 14:54 GMT
On Aug 26, 11:54 pm, techman41...@yahoo.com wrote:
> I have a 97 Accord with over 230K miles. Runs well, worth about $2000
> I plan on purchasing a 2008 Accord when they come out.
[quoted text clipped - 7 lines]
> car. Any tips when trading in to dealer are appreciated
> Thanks

You basically won't get squat for your car on a trade. The dealer is
just going to turn around and sell it for beans to a wholesaler. They
aren't going to put it on their lot and sell it. Around here, the
dealers use some 'other' rating service besides KBB or NADA (I can
never remember the name, believe it begins with a 'G') that typically
is MUCH less than the others that we as consumers have access to. A
couple of years ago, I was looking to trade out Ford Windstar on a
Honda Pilot. KBB said the trade-in value was $3k, the dealer offered
me $1500 based on their super-secret book value. Needless to say, I
walked. Ended up driving it into the ground and donated it when the
transmission went. And bought my van from a different dealership.

Dan D
'07 Ody EX
Central NJ USA
justbob30 - 27 Aug 2007 15:30 GMT
My tatic on my 96 accord was to tell them initally no I was not going to
trade it, get the price on the new car, then said, what will you give me on
trade.....I was offered 1,600, my response was huh, guess Hondas DON'T hold
their value and got up to leave....I was then offered 4,500, well over it's
book value, so , I got the new car, got a trade value & I am happy.

>I have a 97 Accord with over 230K miles. Runs well, worth about $2000
> I plan on purchasing a 2008 Accord when they come out.
[quoted text clipped - 7 lines]
> car. Any tips when trading in to dealer are appreciated
> Thanks
Tony Harding - 28 Aug 2007 09:03 GMT
> My tatic on my 96 accord was to tell them initally no I was not going to
> trade it, get the price on the new car, then said, what will you give me
> on trade.....I was offered 1,600, my response was huh, guess Hondas
> DON'T hold their value and got up to leave....I was then offered 4,500,
> well over it's book value, so , I got the new car, got a trade value & I
> am happy.

Negotiating Rule No. 1 - whoever can walk away from the deal wins. We
tend to forget that there's a lot of pressure on sales people and
dealers to move new cars and it counts against a sales rep if the
customer walks out without buying a car. I did the same thing, i.e.,
walked out, when I bought my '03 Accord Sedan. The sales guy called me
the next day and said his sales mgr was out Monday and they'd meet my price.
Art - 29 Aug 2007 00:31 GMT
The dealer may not want that car.  He will probably just wholesale it out.
In any case I traded a car in 2 years ago.  It was a 15 minute process but
mine was low mileage late model.  One advantage is some savings in sales
tax.

>I have a 97 Accord with over 230K miles. Runs well, worth about $2000
> I plan on purchasing a 2008 Accord when they come out.
[quoted text clipped - 7 lines]
> car. Any tips when trading in to dealer are appreciated
> Thanks
 
Sign In
Join
My Latest Posts
My Monitored Threads
My Blog
My Photo Gallery
My Profile
My Homepage

Start New Thread
Enable EMail Alerts
Rate this Thread



©2009 Advenet LLC   Privacy Policy - Terms of Use
This website includes both content owned or controlled by Advenet as well as content owned or controlled by third parties.