Cars & Transportation: Buying & Selling: “Question: Is it worth buying?” plus 3 more |
- Question: Is it worth buying?
- Question: How much should i sell a salvage title chevy cobalt 06?
- Question: Is it weird that my moms using her tax money to buy me a car?
- Question: Where to buy destiny power leveling cheap??
Posted: 13 Sep 2014 08:42 PM PDT The only way that it would be worth 17K is if it is excellent condition and the seller is able to produce documentation proving that ALL scheduled maintenance was performed. Edmunds "True Market Value" shows a 2010 GLK with standard equipment, 110K on the odometer, and in "average" condition to be worth $11,905 trade-in and $14,960 retail. On a private party sale, I'd recommend offering no more than $15,000. And again, that's with proof that the previous owner had all Mercedes recommended maintenance services performed properly and on time. http://www.edmunds.com/mercedes-benz/glk... NADA will probably have slightly higher figures, but they tend to favor dealers, not buyers. |
Question: How much should i sell a salvage title chevy cobalt 06? Posted: 13 Sep 2014 07:07 PM PDT Yeah, Id say 80-85% of its value if it didn't have a salvage title. More as a % on more expensive cars. You need to be sure to DISCLOSE it and get it in writing. And I presume you mean prior salvage, not current salvage. A buyer cant register or get a tag for a current salvage. And check the NADA values too. Figure your own private party value by taking trade in and retail combined and dividing by 2. KBB can be too low on some cars. Looking at the car in the pic, I think it has way more eye appeal than most $3000 cars. So don't sell your car short. Im thinking at least $2950 and maybe $3250. |
Question: Is it weird that my moms using her tax money to buy me a car? Posted: 13 Sep 2014 06:55 PM PDT Lots of people use tax refunds for cars or down payments. For a lot of poor people, its the largest lump sum they see all year. I think she should have you pay her back to learn the value of money. You cant learn that from sitting on your butt and having things given to you. I was told at 14 that if I wanted a car I had better save for one. I did. I worked painting curbs at a gas station, as a dishwasher and had paper routes all thru high school & after. I paid $1150 for some car that might have been worth $600-700 but I was a punk kid who didn't know anything. Now Im a millionaire who retired at 40. |
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